Net Profit Margin
since 2005
Calculation
Apache Corp., net profit margin, long-term trends, calculation
| Net profit margin | = | 100 | × | Net income (loss) attributable to Apache shareholders1 | ÷ | Oil and gas production revenues1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2015 | -362.20% | = | 100 | × | (23,119) | ÷ | 6,383) |
| Dec 31, 2014 | -39.30% | = | 100 | × | (5,403) | ÷ | 13,749) |
| Dec 31, 2013 | 13.61% | = | 100 | × | 2,232) | ÷ | 16,402) |
| Dec 31, 2012 | 11.81% | = | 100 | × | 2,001) | ÷ | 16,947) |
| Dec 31, 2011 | 27.27% | = | 100 | × | 4,584) | ÷ | 16,810) |
| Dec 31, 2010 | 24.89% | = | 100 | × | 3,032) | ÷ | 12,183) |
| Dec 31, 2009 | -3.32% | = | 100 | × | (284) | ÷ | 8,574) |
| Dec 31, 2008 | 5.78% | = | 100 | × | 712) | ÷ | 12,328) |
| Dec 31, 2007 | 28.23% | = | 100 | × | 2,812) | ÷ | 9,962) |
| Dec 31, 2006 | 31.61% | = | 100 | × | 2,552) | ÷ | 8,074) |
| Dec 31, 2005 | 35.18% | = | 100 | × | 2,624) | ÷ | 7,457) |
Based on: 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$ in millions
The financial trajectory from 2005 to 2015 is characterized by extreme volatility in net profit margins, alternating between periods of robust profitability and severe capital erosion.
- Initial Stability and Early Contraction (2005-2009)
- A period of high profitability was observed between 2005 and 2007, with net profit margins starting at 35.18% and gradually declining to 28.23%. This trend reversed sharply in 2008 and 2009, as the margin collapsed to 5.78% and eventually turned negative at -3.32%, resulting in a net loss of 284 million US dollars by the end of 2009.
- Recovery and Mid-Term Fluctuation (2010-2013)
- A strong recovery occurred in 2010 and 2011, with margins rebounding to 24.89% and peaking at 27.27%. This period saw the highest absolute net income in the series, reaching 4,584 million US dollars in 2011. However, margins moderated significantly in 2012 and 2013, stabilizing in a lower range between 11.81% and 13.61%.
- Acute Financial Decline (2014-2015)
- The final two years of the period exhibit a catastrophic decline in profitability. The net profit margin fell to -39.30% in 2014 and plunged to -362.20% in 2015. This precipitous drop is underscored by a net loss of 23,119 million US dollars in 2015, which vastly exceeded the total oil and gas production revenues of 6,383 million US dollars for that year, suggesting substantial non-cash impairments or extraordinary losses.
AI Ask an analyst for more
Hi, I’m an AI-powered financial analyst at Stock Analysis on Net.
Without a user account, I tend to respond rather slowly.
How can I help you?
Comparison to Competitors
Apache Corp., net profit margin, long-term trends, comparison to competitors
| Apache Corp. | Chevron Corp. | ConocoPhillips | ExxonMobil Holdings Corp. | |
|---|---|---|---|---|
| Dec 31, 2015 | -362.20% | 3.53% | -14.98% | 6.22% |
| Dec 31, 2014 | -39.30% | 9.60% | 13.08% | 8.25% |
| Dec 31, 2013 | 13.61% | 9.73% | 16.83% | 7.74% |
| Dec 31, 2012 | 11.81% | 11.35% | 14.54% | 9.90% |
| Dec 31, 2011 | 27.27% | 11.01% | 5.08% | 8.79% |
| Dec 31, 2010 | 24.89% | 9.60% | 6.00% | 8.23% |
| Dec 31, 2009 | -3.32% | 6.26% | 3.25% | 6.39% |
| Dec 31, 2008 | 5.78% | 9.03% | -7.06% | 9.84% |
| Dec 31, 2007 | 28.23% | 8.73% | 6.34% | 10.40% |
| Dec 31, 2006 | 31.61% | 8.36% | 8.47% | 10.81% |
| Dec 31, 2005 | 35.18% | 7.28% | 7.54% | 10.07% |
Based on: 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Sector (Oil, Gas & Consumable Fuels)
Apache Corp., net profit margin, long-term trends, comparison to sector (oil, gas & consumable fuels)
| Apache Corp. | Oil, Gas & Consumable Fuels | |
|---|---|---|
| Dec 31, 2015 | -362.20% | 3.89% |
| Dec 31, 2014 | -39.30% | 9.06% |
| Dec 31, 2013 | 13.61% | 9.08% |
| Dec 31, 2012 | 11.81% | 10.72% |
| Dec 31, 2011 | 27.27% | 8.41% |
| Dec 31, 2010 | 24.89% | 8.03% |
| Dec 31, 2009 | -3.32% | 5.60% |
| Dec 31, 2008 | 5.78% | 5.40% |
| Dec 31, 2007 | 28.23% | 8.99% |
| Dec 31, 2006 | 31.61% | 9.57% |
| Dec 31, 2005 | 35.18% | 8.71% |
Based on: 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Industry (Energy)
Apache Corp., net profit margin, long-term trends, comparison to industry (energy)
| Apache Corp. | Energy | |
|---|---|---|
| Dec 31, 2015 | -362.20% | 4.04% |
| Dec 31, 2014 | -39.30% | 9.21% |
| Dec 31, 2013 | 13.61% | 9.44% |
| Dec 31, 2012 | 11.81% | 10.84% |
| Dec 31, 2011 | 27.27% | 8.58% |
| Dec 31, 2010 | 24.89% | 8.29% |
| Dec 31, 2009 | -3.32% | 5.89% |
| Dec 31, 2008 | 5.78% | 5.80% |
| Dec 31, 2007 | 28.23% | 9.37% |
| Dec 31, 2006 | 31.61% | 9.82% |
| Dec 31, 2005 | 35.18% | 8.84% |
Based on: 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).