APA Corp (APA)
32.37
+0.01
(+0.03%)
USD |
NASDAQ |
Apr 26, 13:49
APA Gross Profit Margin (Quarterly): 51.27% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2023 | 51.27% |
| September 30, 2023 | 51.82% |
| June 30, 2023 | 47.83% |
| March 31, 2023 | 52.84% |
| December 31, 2022 | 53.56% |
| September 30, 2022 | 53.38% |
| June 30, 2022 | 58.68% |
| March 31, 2022 | 60.02% |
| December 31, 2021 | 48.37% |
| September 30, 2021 | 45.85% |
| June 30, 2021 | 43.91% |
| March 31, 2021 | 38.11% |
| December 31, 2020 | 28.06% |
| September 30, 2020 | 29.02% |
| June 30, 2020 | -6.38% |
| March 31, 2020 | 21.28% |
| December 31, 2019 | 29.32% |
| September 30, 2019 | 21.66% |
| June 30, 2019 | 33.04% |
| March 31, 2019 | 33.19% |
| December 31, 2018 | 31.36% |
| September 30, 2018 | 45.14% |
| June 30, 2018 | 45.97% |
| March 31, 2018 | 42.99% |
| December 31, 2017 | 42.56% |
| Date | Value |
|---|---|
| September 30, 2017 | 31.17% |
| June 30, 2017 | 26.30% |
| March 31, 2017 | 35.91% |
| December 31, 2016 | 28.32% |
| September 30, 2016 | 24.88% |
| June 30, 2016 | 22.08% |
| March 31, 2016 | -1.93% |
| December 31, 2015 | -4.63% |
| September 30, 2015 | 14.07% |
| June 30, 2015 | 34.20% |
| March 31, 2015 | -439.6% |
| December 31, 2014 | |
| September 30, 2014 | -6.57% |
| June 30, 2014 | 42.84% |
| March 31, 2014 | 48.64% |
| December 31, 2013 | 33.29% |
| September 30, 2013 | 33.58% |
| June 30, 2013 | 44.81% |
| March 31, 2013 | 47.60% |
| December 31, 2012 | 52.35% |
| September 30, 2012 | 29.58% |
| June 30, 2012 | 31.55% |
| March 31, 2012 | 44.13% |
| December 31, 2011 | 55.58% |
| September 30, 2011 | 58.01% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
-6.38%
Minimum
Jun 2020
60.02%
Maximum
Mar 2022
40.09%
Average
45.85%
Median
Sep 2021
Gross Profit Margin (Quarterly) Benchmarks
| Exxon Mobil Corp | 21.67% |
| Chevron Corp | 29.02% |
| Occidental Petroleum Corp | 33.66% |
| Callon Petroleum Co (DELISTED) | 35.46% |
| Diamondback Energy Inc | 56.25% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 139.0% |
| Return on Assets | 20.87% |
| Return on Invested Capital | 37.69% |
| Profit Margin (Quarterly) | 81.82% |
| Operating Margin (Quarterly) | 42.87% |
| Return on Net Operating Assets | 24.74% |