APAJF (APA Group) EBIT: $707 Mil (TTM As of Dec. 2025)

What is APA Group EBIT?

APA Group APAJF -6.09% 71 EBIT is $707 Mil as of Dec. 2025. GuruFocus rates APAJF with a GF Score™ of 71/100 and a GF Value™ of $6.18 (Modestly Overvalued). The stock has 13 warning signs investors should review.

APA Group's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was $361 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was $707 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. APA Group's annualized ROC % for the quarter that ended in Dec. 2025 was 3.14%. APA Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 8.71%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. APA Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 3.91%.

APA Group (OTCPK:APAJF) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

APA Group's annualized ROC % for the quarter that ended in Dec. 2025 is calculated as:

	ROC % (Q: Dec. 2025 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2025 )	+	Invested Capital (Q: Dec. 2025 ))	/ count )
=	705.648 * ( 1 - 44.77% )	/	( (12357.422	+	12439.867)	/ 2 )
=	389.7293904	/	12398.6445
=	3.14 %

where

	Invested Capital		(Q: Jun. 2025 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	12979.818	-	290.365	-	( 520.833	-	max(0, 588.542	-	920.573	+	520.833	))
=	12357.422

	Invested Capital		(Q: Dec. 2025 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	12732.226	-	298.339	-	( 164.12	-	max(0, 564.784	-	558.804	+	164.12	))
=	12439.867

Note: The Operating Income data used here is two times the semi-annual (Dec. 2025) data.

2. Joel Greenblatt's definition of Return on Capital:

APA Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2025 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2025		Q: Dec. 2025
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	722.924	/	( ( (8243.49 + max(-367.838, 0))	+	(8363.455 + max(-142.193, 0)) )	/	2 )
=	722.924	/	( ( 8243.49	+	8363.455 )	/	2 )
=	722.924	/	8303.4725
=	8.71 %

where Working Capital is:

	Working Capital		(Q: Jun. 2025 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(51.432	+	50.13	+	108.074)	-	(290.365	+	11.719	+	275.39)
=	-367.838

	Working Capital		(Q: Dec. 2025 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(239.203	+	55.814	+	99.667)	-	(298.339	+	0	+	238.538)
=	-142.193

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2025) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

APA Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2025 )
	=	707.165	/	18083.725
	=	3.91 %

* 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.

APA Group EBIT Related Terms

APA Group EBIT Historical Data

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The historical data trend for APA Group's EBIT can be seen below:

APA Group EBIT Chart

APA Group Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Jun25

EBIT

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517.72

647.94

640.27

1,126.83

617.84

APA Group Semi-Annual Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24	Jun25	Dec25
EBIT	Get a 7-Day Free Trial															937.75	196.55	264.73	345.70	361.46

APAJF vs ATO, NI, UGI: EBIT Comparison

For the Utilities - Regulated Gas subindustry, APA Group's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 Group EV-to-EBIT vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, APA Group's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where APA Group's EV-to-EBIT falls into.

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71GF Score

APA Group APAJF

EBIT is just one metric. See GF Score™, valuation, warning signs, and more.

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APA Group EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was $707 Mil.

Frequently Asked Questions Learn more about EBIT →

What does a EBIT of $707 Mil mean?

APA Group (APAJF) has a EBIT of $707 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on APA Group.

Is APA Group's EBIT too high?

APA Group's current EBIT is $707 Mil. Overall, APA Group has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.

How does APA Group's EBIT compare to ATO and NI?

APA Group's EBIT of $707 Mil can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good EBIT for an Utilities - Regulated company?

A good EBIT depends on the Utilities - Regulated industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high EBIT mean?

A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on APA Group. APA Group's current EBIT is $707 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is APA Group stock overvalued right now?

Based on GuruFocus' analysis, APA Group (APAJF) is currently considered Modestly Overvalued. The stock's GF Value™ is $6.18, compared to a current price of $7.50 — trading 21.3% above its estimated fair value. The current EBIT is $707 Mil. APA Group's overall GF Score™ is 71/100 with 13 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is EBIT calculated?

EBIT is calculated from a company's financial statements. For APA Group (APAJF), the current EBIT is $707 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is APA Group (APAJF) Overvalued in 2026?

Based on GuruFocus' analysis, APA Group stock appears to be overvalued. The current stock price of $7.50 is trading 21.3% above its estimated GF Value™ of $6.18. GuruFocus considers APA Group to be Modestly Overvalued.

Key valuation signals for APAJF:

EBIT: $707 Mil
GF Value™: $6.18 vs. price of $7.50 (21.3% above fair value)
GF Score™: 71/100 with 13 warning signs

No single metric tells the full story. See the APAJF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

APA Group Business Description

Industry Utilities Utilities - Regulated

Comparable Companies ASX:EQU ASX:H2G XMAD:NTGY ATO MIL:SRG XTER:UN0 NI HKSE:00003 TSE:9531 TSE:9532 MIL:IG BOM:532155 SHSE:600803 BOM:542066 HKSE:02688 UGI BOG:GEB SWX NJR BKH

Other Exchanges PJZ:Germany APA:Australia

Address 580 George Street, Level 25, Sydney, NSW, AUS, 2000

Website https://www.apa.com.au

APA Group is Australia's largest gas infrastructure company with an extensive portfolio of transmission pipelines, distribution networks, and storage facilities, and is increasingly investing in renewable energy generation, electricity transmission, and batteries. It is internally managed and has direct operational control over all assets. It owns minority stakes in a few smaller gas infrastructure companies and manages operations for most of these. The stapled securities comprise a unit in Australian Pipeline Trust and in APT Investment Trust.

71GF Score

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EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$7.50

Price

$6.18

GF Value

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