Apache Revenue, Profits - APA Annual Income Statement

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$41.98 $1.92 (4.37%) APA stock closing price Aug 15, 2018 (Closing)

Financial statements provide us with a way to gain insights and undertake the fundamental analysis of a company. Checking Apache stock price alone is not sufficient. In the income statement, an investor can look at important parameters like revenue or sales, gross profits, net profits, and EPS basic to gain deeper insights. Like any other income statement, the APA income statement also itemizes revenue/sales, operating expenses, and profits/bottomline for a quarter or year and reflects a YOY revenue growth of 19.97% when compared to the same period in the past. Along with Apache assets and Apache free cash flow, Apache profits as shown in profit and loss statement give key insights about the business. The net profit for 2017 is $1.3B and the 2017 revenue is $6.42B.

View revenue and profit details for latest and last 10 financial years.
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Quarterly
Annual
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Fiscal year is Jan - Dec2017201620152014201320122011201020092008
Apache Revenues or Net Sales
6.42B5.35B6.37B13.85B16.05B17.08B16.89B12.09B8.61B12.39B
Cost Of Goods Sold (COGS)1.58B1.69B2.07B2.75B3.35B3.27B2.9B2.21B1.8B2.07B
Apache Gross Profit
4.84B3.66B4.3B11.1B12.7B13.81B13.99B9.88B6.81B10.32B
Research & Development Expense549M473M--------
Selling General & Admin Expense1.09B2.25B3.16B3.85B1.72B1.82B1.65B1.23B1.27B1.54B
Income Before Depreciation Depletion Amortization3.21B936M1.15B7.25B10.98B11.99B12.34B8.66B5.54B8.78B
Depreciation Depletion Amortization2.28B2.62B29.37B10.16B6.7B7.11B4.2B3.08B5.21B7.85B
Non Operating Income-8M---------
Interest Expense----------
Apache Pretax Income
918M-1.68B-28.23B-2.91B4.22B4.88B8.09B5.21B326.39M932.39M
Provision for Income Taxes-585M-442M-5.47B1.64B1.93B2.88B3.51B2.17B610.78M220.43M
MinorityInterest199M132M-409M343M56M-----
Investment Gains Losses----------
Other Income----------
Income Before Extraordinaries & Disc Operations1.5B-1.24B-22.76B-4.54B2.29B2B4.58B3.03B-284.39M711.95M
Extraordinary Items & Discontinued Operations--33M-771M-517M------
Apache Profit/ Loss (Net Income)
1.3B-1.41B-23.12B-5.4B2.23B2B4.58B3.03B-284.39M711.95M
Average Shares used to compute Diluted EPS383M379M378M384M406M391M400M359M335.85M337.19M
Average Shares used to compute Basic EPS381M379M378M384M395M389M384M352M335.85M334.35M
Income Before Nonrecurring Items92M-430M-130M2.29B3.17B3.84B4.77B3.19B1.86B3.92B
Income from Nonrecurring Items1.21B-942M-22.22B-7.18B-938M-1.84B-182.8M-161.35M-2.15B-3.21B
Apache Earnings Per Share Basic Net
3.42-3.71-61.20-14.065.534.9511.748.53-0.872.11
Apache Earnings Per Share Diluted Net
3.41-3.71-61.20-14.065.504.9211.478.46-0.872.09
EPS Diluted Before Nonrecurring Items0.24-1.13-0.345.947.929.4811.938.925.5211.61
Preferred Dividends Acc Pd----------
Dividends Common----------
Dividend Per Share Common1.001.001.000.950.770.660.600.600.600.70
All figures in USD. M: Millions of USD, B: Billions of USD.
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The key things to look for in an income statement while doing Apache stock analysis are:

  • Top line: The word topline comes from the fact that the first line of an income statement refers to sales numbers. If you check you will find that APA stock has a topline or revenue of $6.42B for 2017 as per this Apache revenue chart. Investors look for stocks with a growing top line.
  • Bottom line: Most businesses like Apache try to grow their profits by growing their topline and by increasing their operating efficiency. A healthy bottom line growth implies a good investment.

The income statement is also called the profit and loss statement. Apart from the APA income statement, one can check the Apache historical stock prices to check how the price has moved with time.

Apache Income Statement - Key Financial Ratios

PE Ratio (price earnings ratio)
19.6
PS Ratio (price sales ratio)
2.45
Operating Margin
30.9
Net Profit Margin
10.1
Dividend Yield
2.28%