Is the business good?
How good a business is APA?
APA Corporation earns 29% on the capital it employs against a 9.0% cost of capital, so the business is worth more the bigger it gets.
29%
Return on invested capital · cost of capital 9.0% · 20 points above what the capital costs: growth creates value
- Cash conversion
- 1.07×
Cash conversion · 1.16× a year ago · every dollar of reported profit arrived as cash, and more
- Share count, year on year
- −1.9%
Share count, year on year · bought back, each share owns more of the company
Details›
- Free cash flow, trailing twelve months
- $2.11B
- Net income, trailing twelve months
- $1.98B
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- 29%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.