APACAUTIOUS

APA Debt-to-Equity Ratio Analysis

0.68x

Higher than 56% of Energy sector peers

Updated 2813h ago·SEC filings & market data

Key Takeaway

APA Corporation’s debt-to-equity ratio of 0.68x means that for every dollar of shareholders’ equity, the company has $0.68 in debt, indicating a moderate reliance on borrowed funds.

Sector Performance

56th percentile

APA

0.68x

Sector Median

0.62x

Sector Avg

0.85x

Prior Period

0.79x(Apr 2026)

↑ Improving

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Deep Analysis

APA Corporation’s debt-to-equity ratio of 0.68x means that for every dollar of shareholders’ equity, the company has $0.68 in debt, indicating a moderate reliance on borrowed funds.

This sits slightly above the Energy sector median of 0.62x, placing APA in the 54th percentile among its peers. The metric has been perfectly stable over the last eight quarters, with a year-over-year change of +0.0% and a quarter-over-quarter change of +0.0%. A debt level in line with the sector, combined with a flat trend, suggests no change in financial leverage risk—neither building up nor paying down debt. For an investor, this stability reduces uncertainty around the company’s capital structure but offers no clear opportunity from deleveraging. The stable, median‑adjacent ratio does not contradict the overall CAUTIOUS verdict, as it provides neither a strong safety buffer nor an alarming red flag on its own.

Frequently Asked Questions

What does the Debt-to-Equity Ratio tell investors about APA?

Shows how much a company is financing its operations through debt vs shareholder funds. High D/E can amplify returns — and losses.

How is the Debt-to-Equity Ratio calculated?

Debt-to-Equity Ratio is calculated as: Total Debt / Shareholders' Equity.

How does APA's Debt-to-Equity Ratio compare to its sector?

APA's Debt-to-Equity Ratio of 0.68x compares to a Energy sector median of 0.62x, placing it in the 56th percentile.

Who are APA's closest peers by Debt-to-Equity Ratio?

The closest Energy peers by Debt-to-Equity Ratio include: MTDR (0.62x), AR (0.59x), SEDG (0.81x), CNQ (0.37x), ESTE (0.95x).

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Learn More About Debt-to-Equity Ratio

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The Formula

Total Debt / Shareholders' Equity

Why It Matters

Shows how much a company is financing its operations through debt vs shareholder funds. High D/E can amplify returns — and losses.