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Side-by-side financial comparison of APA Corporation (APA) and Domino's (DPZ). Click either name above to swap in a different company.

APA Corporation is the larger business by last-quarter revenue ($2.2B vs $1.2B, roughly 1.9× Domino's). APA Corporation runs the higher net margin — 15.0% vs 12.2%, a 2.8% gap on every dollar of revenue. On growth, Domino's posted the faster year-over-year revenue change (3.5% vs -24.3%). Over the past eight quarters, Domino's's revenue compounded faster (2.4% CAGR vs 1.4%).

APA Corporation, a holding company for Apache Corporation, an American company engaged in hydrocarbon exploration. It is organized in Delaware and headquartered in Houston.

Domino's Pizza, Inc. is an American multinational pizza restaurant chain founded in 1960. The corporation is Delaware-domiciled and headquartered at the Domino's Farms office park in Ann Arbor Township, near Ann Arbor, Michigan. As of 2018, Domino's had approximately 15,000 stores, with 5,649 in the United States, 1,500 in India, and 1,249 in the United Kingdom. Domino's has stores in more than 83 countries and 5,701 cities worldwide.

APA vs DPZ — Head-to-Head

Bigger by revenue
APA
APA
1.9× larger
APA
$2.2B
$1.2B
DPZ
Growing faster (revenue YoY)
DPZ
DPZ
+27.8% gap
DPZ
3.5%
-24.3%
APA
Higher net margin
APA
APA
2.8% more per $
APA
15.0%
12.2%
DPZ
Faster 2-yr revenue CAGR
DPZ
DPZ
Annualised
DPZ
2.4%
1.4%
APA

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
APA
APA
DPZ
DPZ
Revenue
$2.2B
$1.2B
Net Profit
$331.0M
$139.8M
Gross Margin
40.4%
Operating Margin
32.5%
20.0%
Net Margin
15.0%
12.2%
Revenue YoY
-24.3%
3.5%
Net Profit YoY
-22.1%
-6.6%
EPS (diluted)
$0.79
$4.13

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
APA
APA
DPZ
DPZ
Q1 26
$1.2B
Q4 25
$2.2B
Q3 25
$2.3B
$1.1B
Q2 25
$2.3B
$1.1B
Q1 25
$2.7B
$1.1B
Q4 24
$2.9B
$1.4B
Q3 24
$2.7B
$1.1B
Q2 24
$2.8B
$1.1B
Net Profit
APA
APA
DPZ
DPZ
Q1 26
$139.8M
Q4 25
$331.0M
Q3 25
$205.0M
$139.3M
Q2 25
$603.0M
$131.1M
Q1 25
$418.0M
$149.7M
Q4 24
$425.0M
$169.4M
Q3 24
$-223.0M
$146.9M
Q2 24
$541.0M
$142.0M
Gross Margin
APA
APA
DPZ
DPZ
Q1 26
40.4%
Q4 25
Q3 25
40.1%
Q2 25
40.3%
Q1 25
39.8%
Q4 24
39.2%
Q3 24
39.2%
Q2 24
39.8%
Operating Margin
APA
APA
DPZ
DPZ
Q1 26
20.0%
Q4 25
32.5%
Q3 25
33.7%
19.5%
Q2 25
31.8%
19.7%
Q1 25
31.9%
18.9%
Q4 24
31.4%
19.0%
Q3 24
-5.2%
18.4%
Q2 24
34.4%
17.9%
Net Margin
APA
APA
DPZ
DPZ
Q1 26
12.2%
Q4 25
15.0%
Q3 25
9.0%
12.1%
Q2 25
26.0%
11.4%
Q1 25
15.4%
13.5%
Q4 24
14.6%
11.7%
Q3 24
-8.1%
13.6%
Q2 24
19.0%
12.9%
EPS (diluted)
APA
APA
DPZ
DPZ
Q1 26
$4.13
Q4 25
$0.79
Q3 25
$0.57
$4.08
Q2 25
$1.67
$3.81
Q1 25
$0.96
$4.33
Q4 24
$0.97
$4.89
Q3 24
$-0.60
$4.19
Q2 24
$1.46
$4.03

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
APA
APA
DPZ
DPZ
Cash + ST InvestmentsLiquidity on hand
$516.0M
$232.9M
Total DebtLower is stronger
$4.3B
$4.9B
Stockholders' EquityBook value
$6.1B
Total Assets
$17.8B
$1.8B
Debt / EquityLower = less leverage
0.70×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
APA
APA
DPZ
DPZ
Q1 26
$232.9M
Q4 25
$516.0M
Q3 25
$475.0M
$139.7M
Q2 25
$107.0M
$272.9M
Q1 25
$67.0M
$304.3M
Q4 24
$625.0M
$186.1M
Q3 24
$64.0M
$189.1M
Q2 24
$160.0M
$283.7M
Total Debt
APA
APA
DPZ
DPZ
Q1 26
$4.9B
Q4 25
$4.3B
Q3 25
$4.3B
$4.8B
Q2 25
$4.3B
$3.8B
Q1 25
$5.2B
$3.8B
Q4 24
$6.0B
$3.8B
Q3 24
$6.4B
$5.0B
Q2 24
$6.7B
$5.0B
Stockholders' Equity
APA
APA
DPZ
DPZ
Q1 26
Q4 25
$6.1B
Q3 25
$6.0B
$-4.0B
Q2 25
$5.9B
$-4.0B
Q1 25
$5.4B
$-3.9B
Q4 24
$5.3B
$-4.0B
Q3 24
$5.1B
$-4.0B
Q2 24
$5.4B
$-3.9B
Total Assets
APA
APA
DPZ
DPZ
Q1 26
$1.8B
Q4 25
$17.8B
Q3 25
$17.7B
$1.7B
Q2 25
$18.1B
$1.8B
Q1 25
$18.5B
$1.9B
Q4 24
$19.4B
$1.7B
Q3 24
$19.4B
$1.8B
Q2 24
$20.2B
$1.9B
Debt / Equity
APA
APA
DPZ
DPZ
Q1 26
Q4 25
0.70×
Q3 25
0.72×
Q2 25
0.73×
Q1 25
0.96×
Q4 24
1.13×
Q3 24
1.25×
Q2 24
1.24×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
APA
APA
DPZ
DPZ
Operating Cash FlowLast quarter
$808.0M
$162.0M
Free Cash FlowOCF − Capex
$147.0M
FCF MarginFCF / Revenue
12.8%
Capex IntensityCapex / Revenue
1.3%
Cash ConversionOCF / Net Profit
2.44×
1.16×
TTM Free Cash FlowTrailing 4 quarters
$625.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
APA
APA
DPZ
DPZ
Q1 26
$162.0M
Q4 25
$808.0M
Q3 25
$1.5B
$185.4M
Q2 25
$1.2B
$187.8M
Q1 25
$1.1B
$179.1M
Q4 24
$1.0B
$178.0M
Q3 24
$1.3B
$172.7M
Q2 24
$877.0M
$150.7M
Free Cash Flow
APA
APA
DPZ
DPZ
Q1 26
$147.0M
Q4 25
Q3 25
$164.0M
Q2 25
$167.3M
Q1 25
$164.3M
Q4 24
$135.9M
Q3 24
$145.6M
Q2 24
$127.2M
FCF Margin
APA
APA
DPZ
DPZ
Q1 26
12.8%
Q4 25
Q3 25
14.3%
Q2 25
14.6%
Q1 25
14.8%
Q4 24
9.4%
Q3 24
13.5%
Q2 24
11.6%
Capex Intensity
APA
APA
DPZ
DPZ
Q1 26
1.3%
Q4 25
Q3 25
1.9%
Q2 25
1.8%
Q1 25
1.3%
Q4 24
2.9%
Q3 24
2.5%
Q2 24
2.1%
Cash Conversion
APA
APA
DPZ
DPZ
Q1 26
1.16×
Q4 25
2.44×
Q3 25
7.12×
1.33×
Q2 25
1.96×
1.43×
Q1 25
2.62×
1.20×
Q4 24
2.44×
1.05×
Q3 24
1.18×
Q2 24
1.62×
1.06×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

APA
APA

Oil And Gas Excluding Purchased$1.7B76%
Oil And Gas Purchased$323.0M15%
Oil Reserves$114.0M5%
Other$72.0M3%
Natural Gas Reserves$30.0M1%

DPZ
DPZ

Supply chain$699.0M61%
U.S. franchise royalties and fees$158.0M14%
U.S. franchise advertising$130.5M11%
U.S. Company-owned stores$82.1M7%
International franchise royalties and fees$81.0M7%

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