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Side-by-side financial comparison of APA Corporation (APA) and Hubbell Incorporated (HUBB). Click either name above to swap in a different company.
APA Corporation is the larger business by last-quarter revenue ($2.3B vs $1.5B, roughly 1.6× Hubbell Incorporated). APA Corporation runs the higher net margin — 19.2% vs 14.6%, a 4.6% gap on every dollar of revenue. On growth, Hubbell Incorporated posted the faster year-over-year revenue change (11.9% vs -11.7%). APA Corporation produced more free cash flow last quarter ($477.0M vs $388.8M). Over the past eight quarters, Hubbell Incorporated's revenue compounded faster (3.3% CAGR vs -9.5%).
APA Corporation, a holding company for Apache Corporation, an American company engaged in hydrocarbon exploration. It is organized in Delaware and headquartered in Houston.
Hubbell Incorporated, headquartered in Shelton, Connecticut, is an American company that designs, manufactures, and sells electrical and electronic products for non-residential and residential construction, industrial, and utility applications. Hubbell was founded by Harvey Hubbell as a proprietorship in 1888, and was incorporated in Connecticut in 1905.
APA vs HUBB — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $2.3B | $1.5B |
| Net Profit | $446.0M | $217.7M |
| Gross Margin | — | 34.6% |
| Operating Margin | — | 20.3% |
| Net Margin | 19.2% | 14.6% |
| Revenue YoY | -11.7% | 11.9% |
| Net Profit YoY | — | 10.5% |
| EPS (diluted) | $1.26 | $4.06 |
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.
| Q1 26 | $2.3B | — | ||
| Q4 25 | $2.2B | $1.5B | ||
| Q3 25 | $2.3B | $1.5B | ||
| Q2 25 | $2.3B | $1.5B | ||
| Q1 25 | $2.7B | $1.4B | ||
| Q4 24 | $2.9B | $1.3B | ||
| Q3 24 | $2.7B | $1.4B | ||
| Q2 24 | $2.8B | $1.5B |
| Q1 26 | $446.0M | — | ||
| Q4 25 | $331.0M | $217.7M | ||
| Q3 25 | $205.0M | $255.5M | ||
| Q2 25 | $603.0M | $244.2M | ||
| Q1 25 | $418.0M | $169.7M | ||
| Q4 24 | $425.0M | $197.0M | ||
| Q3 24 | $-223.0M | $219.4M | ||
| Q2 24 | $541.0M | $213.6M |
| Q1 26 | — | — | ||
| Q4 25 | — | 34.6% | ||
| Q3 25 | — | 36.2% | ||
| Q2 25 | — | 37.2% | ||
| Q1 25 | — | 33.1% | ||
| Q4 24 | — | 33.8% | ||
| Q3 24 | — | 34.5% | ||
| Q2 24 | — | 35.0% |
| Q1 26 | — | — | ||
| Q4 25 | 32.5% | 20.3% | ||
| Q3 25 | 33.7% | 22.0% | ||
| Q2 25 | 31.8% | 22.7% | ||
| Q1 25 | 31.9% | 17.5% | ||
| Q4 24 | 31.4% | 19.3% | ||
| Q3 24 | -5.2% | 21.1% | ||
| Q2 24 | 34.4% | 20.7% |
| Q1 26 | 19.2% | — | ||
| Q4 25 | 15.0% | 14.6% | ||
| Q3 25 | 9.0% | 17.0% | ||
| Q2 25 | 26.0% | 16.5% | ||
| Q1 25 | 15.4% | 12.4% | ||
| Q4 24 | 14.6% | 14.8% | ||
| Q3 24 | -8.1% | 15.2% | ||
| Q2 24 | 19.0% | 14.7% |
| Q1 26 | $1.26 | — | ||
| Q4 25 | $0.79 | $4.06 | ||
| Q3 25 | $0.57 | $4.77 | ||
| Q2 25 | $1.67 | $4.56 | ||
| Q1 25 | $0.96 | $3.15 | ||
| Q4 24 | $0.97 | $3.65 | ||
| Q3 24 | $-0.60 | $4.05 | ||
| Q2 24 | $1.46 | $3.94 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $293.0K | $497.9M |
| Total DebtLower is stronger | $4.3M | — |
| Stockholders' EquityBook value | — | $3.8B |
| Total Assets | $18.1M | $8.2B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $293.0K | — | ||
| Q4 25 | $516.0M | $497.9M | ||
| Q3 25 | $475.0M | $680.9M | ||
| Q2 25 | $107.0M | $399.6M | ||
| Q1 25 | $67.0M | $360.3M | ||
| Q4 24 | $625.0M | $345.0M | ||
| Q3 24 | $64.0M | $445.6M | ||
| Q2 24 | $160.0M | $406.5M |
| Q1 26 | $4.3M | — | ||
| Q4 25 | $4.3B | — | ||
| Q3 25 | $4.3B | $1.4B | ||
| Q2 25 | $4.3B | $1.4B | ||
| Q1 25 | $5.2B | $1.4B | ||
| Q4 24 | $6.0B | $1.4B | ||
| Q3 24 | $6.4B | $1.7B | ||
| Q2 24 | $6.7B | $1.9B |
| Q1 26 | — | — | ||
| Q4 25 | $6.1B | $3.8B | ||
| Q3 25 | $6.0B | $3.7B | ||
| Q2 25 | $5.9B | $3.5B | ||
| Q1 25 | $5.4B | $3.3B | ||
| Q4 24 | $5.3B | $3.3B | ||
| Q3 24 | $5.1B | $3.2B | ||
| Q2 24 | $5.4B | $3.1B |
| Q1 26 | $18.1M | — | ||
| Q4 25 | $17.8B | $8.2B | ||
| Q3 25 | $17.7B | $7.5B | ||
| Q2 25 | $18.1B | $7.1B | ||
| Q1 25 | $18.5B | $6.9B | ||
| Q4 24 | $19.4B | $6.7B | ||
| Q3 24 | $19.4B | $6.9B | ||
| Q2 24 | $20.2B | $6.9B |
| Q1 26 | — | — | ||
| Q4 25 | 0.70× | — | ||
| Q3 25 | 0.72× | 0.39× | ||
| Q2 25 | 0.73× | 0.41× | ||
| Q1 25 | 0.96× | 0.44× | ||
| Q4 24 | 1.13× | 0.44× | ||
| Q3 24 | 1.25× | 0.51× | ||
| Q2 24 | 1.24× | 0.63× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $554.0M | $447.5M |
| Free Cash FlowOCF − Capex | $477.0M | $388.8M |
| FCF MarginFCF / Revenue | 20.5% | 26.0% |
| Capex IntensityCapex / Revenue | — | 3.9% |
| Cash ConversionOCF / Net Profit | 1.24× | 2.06× |
| TTM Free Cash FlowTrailing 4 quarters | — | $874.7M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $554.0M | — | ||
| Q4 25 | $808.0M | $447.5M | ||
| Q3 25 | $1.5B | $284.3M | ||
| Q2 25 | $1.2B | $260.6M | ||
| Q1 25 | $1.1B | $37.4M | ||
| Q4 24 | $1.0B | $432.4M | ||
| Q3 24 | $1.3B | $227.0M | ||
| Q2 24 | $877.0M | $239.6M |
| Q1 26 | $477.0M | — | ||
| Q4 25 | — | $388.8M | ||
| Q3 25 | — | $253.8M | ||
| Q2 25 | — | $220.7M | ||
| Q1 25 | — | $11.4M | ||
| Q4 24 | — | $364.4M | ||
| Q3 24 | — | $188.8M | ||
| Q2 24 | — | $205.7M |
| Q1 26 | 20.5% | — | ||
| Q4 25 | — | 26.0% | ||
| Q3 25 | — | 16.9% | ||
| Q2 25 | — | 14.9% | ||
| Q1 25 | — | 0.8% | ||
| Q4 24 | — | 27.3% | ||
| Q3 24 | — | 13.1% | ||
| Q2 24 | — | 14.2% |
| Q1 26 | — | — | ||
| Q4 25 | — | 3.9% | ||
| Q3 25 | — | 2.0% | ||
| Q2 25 | — | 2.7% | ||
| Q1 25 | — | 1.9% | ||
| Q4 24 | — | 5.1% | ||
| Q3 24 | — | 2.6% | ||
| Q2 24 | — | 2.3% |
| Q1 26 | 1.24× | — | ||
| Q4 25 | 2.44× | 2.06× | ||
| Q3 25 | 7.12× | 1.11× | ||
| Q2 25 | 1.96× | 1.07× | ||
| Q1 25 | 2.62× | 0.22× | ||
| Q4 24 | 2.44× | 2.19× | ||
| Q3 24 | — | 1.03× | ||
| Q2 24 | 1.62× | 1.12× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
APA
| Oil revenues | $1.6B | 71% |
| Purchased oil and gas sales | $385.0M | 17% |
| Natural gas revenues | $157.0M | 7% |
| Natural gas liquids revenues | $141.0M | 6% |
HUBB
| Grid Infrastructure | $717.0M | 48% |
| Industrial | $393.7M | 26% |
| Grid Automation | $218.9M | 15% |
| Electrical Products | $163.1M | 11% |
