APA's gross profit for the
three
months ended in Mar. 2025 was $1,008 Mil. APA's gross profit for the trailing twelve months (TTM) ended in Mar. 2025 was $4,374 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. APA's gross profit for the
three
months ended in Mar. 2025 was $1,008 Mil. APA's Revenue for the
three
months ended in Mar. 2025 was $2,636 Mil. Therefore, APA's Gross Margin % for the quarter that ended in Mar. 2025 was 38.24%.
APA had a gross margin of 38.24% for the quarter that ended in Mar. 2025 => Competition eroding margins
During the past 13 years, the highestGross Margin % of APA was 56.48%. The lowest was 17.59%. And the median was 37.82%.
APA Gross Profit Historical Data
The historical data trend for APA's Gross Profit can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Oil & Gas E&P subindustry, APA's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
APA's Gross Profit Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, APA's Gross Profit distribution charts can be found below:
* The bar in red indicates where APA's Gross Profit falls into.
Gross Profit for the trailing twelve months (TTM) ended in Mar. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $4,374 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
APA's Gross Margin % for the quarter that ended in Mar. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
APA (NAS:APA) Gross Profit Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
APA had a gross margin of 38.24% for the quarter that ended in Mar. 2025 => Competition eroding margins
APA Gross Profit Related Terms
Thank you for viewing the detailed overview of APA's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
APA Corp is an independent exploration and production company. It develops, and produces crude oil, natural gas, and natural gas liquids. The Company's business has oil and gas operations in three geographic areas: the United States (U.S.), Egypt, and offshore the U.K. in the North Sea (North Sea). APA also has active development, exploration, and appraisal operations ongoing in Suriname, as well as exploration interests in Uruguay, Alaska, and other international locations.
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