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Side-by-side financial comparison of APA Corporation (APA) and Ralph Lauren Corporation (RL). Click either name above to swap in a different company.

Ralph Lauren Corporation is the larger business by last-quarter revenue ($2.4B vs $2.2B, roughly 1.1× APA Corporation). Ralph Lauren Corporation runs the higher net margin — 15.0% vs 15.0%, a 0.0% gap on every dollar of revenue. On growth, Ralph Lauren Corporation posted the faster year-over-year revenue change (12.2% vs -24.3%). Over the past eight quarters, Ralph Lauren Corporation's revenue compounded faster (23.9% 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.

Ralph Lauren is an American fashion designer, philanthropist, and billionaire businessman, best known for founding the brand Ralph Lauren, a global multibillion-dollar enterprise. He stepped down as CEO of the company in September 2015 but remains executive chairman and chief creative officer. As of May 2025, his net worth is estimated at US$11.9 billion.

APA vs RL — Head-to-Head

Bigger by revenue
RL
RL
1.1× larger
RL
$2.4B
$2.2B
APA
Growing faster (revenue YoY)
RL
RL
+36.6% gap
RL
12.2%
-24.3%
APA
Higher net margin
RL
RL
0.0% more per $
RL
15.0%
15.0%
APA
Faster 2-yr revenue CAGR
RL
RL
Annualised
RL
23.9%
1.4%
APA

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
APA
APA
RL
RL
Revenue
$2.2B
$2.4B
Net Profit
$331.0M
$361.6M
Gross Margin
69.9%
Operating Margin
32.5%
19.6%
Net Margin
15.0%
15.0%
Revenue YoY
-24.3%
12.2%
Net Profit YoY
-22.1%
21.6%
EPS (diluted)
$0.79
$5.82

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
RL
RL
Q4 25
$2.2B
$2.4B
Q3 25
$2.3B
$2.0B
Q2 25
$2.3B
$1.7B
Q1 25
$2.7B
$1.7B
Q4 24
$2.9B
$2.1B
Q3 24
$2.7B
$1.7B
Q2 24
$2.8B
$1.5B
Q1 24
$2.1B
$1.6B
Net Profit
APA
APA
RL
RL
Q4 25
$331.0M
$361.6M
Q3 25
$205.0M
$207.5M
Q2 25
$603.0M
$220.4M
Q1 25
$418.0M
$129.0M
Q4 24
$425.0M
$297.4M
Q3 24
$-223.0M
$147.9M
Q2 24
$541.0M
$168.6M
Q1 24
$212.0M
$90.7M
Gross Margin
APA
APA
RL
RL
Q4 25
69.9%
Q3 25
68.0%
Q2 25
72.3%
Q1 25
68.7%
Q4 24
68.4%
Q3 24
67.0%
Q2 24
70.5%
Q1 24
66.6%
Operating Margin
APA
APA
RL
RL
Q4 25
32.5%
19.6%
Q3 25
33.7%
12.2%
Q2 25
31.8%
15.9%
Q1 25
31.9%
9.1%
Q4 24
31.4%
18.2%
Q3 24
-5.2%
10.4%
Q2 24
34.4%
13.8%
Q1 24
32.2%
6.9%
Net Margin
APA
APA
RL
RL
Q4 25
15.0%
15.0%
Q3 25
9.0%
10.3%
Q2 25
26.0%
12.8%
Q1 25
15.4%
7.6%
Q4 24
14.6%
13.9%
Q3 24
-8.1%
8.6%
Q2 24
19.0%
11.1%
Q1 24
9.9%
5.8%
EPS (diluted)
APA
APA
RL
RL
Q4 25
$0.79
$5.82
Q3 25
$0.57
$3.32
Q2 25
$1.67
$3.52
Q1 25
$0.96
$2.03
Q4 24
$0.97
$4.66
Q3 24
$-0.60
$2.31
Q2 24
$1.46
$2.61
Q1 24
$0.44
$1.37

Balance Sheet & Financial Strength

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

Metric
APA
APA
RL
RL
Cash + ST InvestmentsLiquidity on hand
$516.0M
$2.3B
Total DebtLower is stronger
$4.3B
Stockholders' EquityBook value
$6.1B
$2.9B
Total Assets
$17.8B
$7.8B
Debt / EquityLower = less leverage
0.70×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
APA
APA
RL
RL
Q4 25
$516.0M
$2.3B
Q3 25
$475.0M
$1.6B
Q2 25
$107.0M
$2.3B
Q1 25
$67.0M
$2.1B
Q4 24
$625.0M
$2.1B
Q3 24
$64.0M
$1.7B
Q2 24
$160.0M
$1.8B
Q1 24
$102.0M
$1.8B
Total Debt
APA
APA
RL
RL
Q4 25
$4.3B
Q3 25
$4.3B
Q2 25
$4.3B
Q1 25
$5.2B
Q4 24
$6.0B
Q3 24
$6.4B
Q2 24
$6.7B
Q1 24
$5.2B
Stockholders' Equity
APA
APA
RL
RL
Q4 25
$6.1B
$2.9B
Q3 25
$6.0B
$2.6B
Q2 25
$5.9B
$2.5B
Q1 25
$5.4B
$2.6B
Q4 24
$5.3B
$2.5B
Q3 24
$5.1B
$2.4B
Q2 24
$5.4B
$2.4B
Q1 24
$2.6B
$2.5B
Total Assets
APA
APA
RL
RL
Q4 25
$17.8B
$7.8B
Q3 25
$17.7B
$7.3B
Q2 25
$18.1B
$7.8B
Q1 25
$18.5B
$7.0B
Q4 24
$19.4B
$7.1B
Q3 24
$19.4B
$6.8B
Q2 24
$20.2B
$6.6B
Q1 24
$15.0B
$6.6B
Debt / Equity
APA
APA
RL
RL
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×
Q1 24
1.99×

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
RL
RL
Operating Cash FlowLast quarter
$808.0M
$779.6M
Free Cash FlowOCF − Capex
$704.0M
FCF MarginFCF / Revenue
29.3%
Capex IntensityCapex / Revenue
3.1%
Cash ConversionOCF / Net Profit
2.44×
2.16×
TTM Free Cash FlowTrailing 4 quarters
$694.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
APA
APA
RL
RL
Q4 25
$808.0M
$779.6M
Q3 25
$1.5B
$53.2M
Q2 25
$1.2B
$176.1M
Q1 25
$1.1B
$122.2M
Q4 24
$1.0B
$738.4M
Q3 24
$1.3B
$97.2M
Q2 24
$877.0M
$277.3M
Q1 24
$368.0M
Free Cash Flow
APA
APA
RL
RL
Q4 25
$704.0M
Q3 25
$-40.6M
Q2 25
$-11.2M
Q1 25
$42.3M
Q4 24
$677.2M
Q3 24
$55.5M
Q2 24
$243.9M
Q1 24
FCF Margin
APA
APA
RL
RL
Q4 25
29.3%
Q3 25
-2.0%
Q2 25
-0.7%
Q1 25
2.5%
Q4 24
31.6%
Q3 24
3.2%
Q2 24
16.1%
Q1 24
Capex Intensity
APA
APA
RL
RL
Q4 25
3.1%
Q3 25
4.7%
Q2 25
10.9%
Q1 25
4.7%
Q4 24
2.9%
Q3 24
2.4%
Q2 24
2.2%
Q1 24
Cash Conversion
APA
APA
RL
RL
Q4 25
2.44×
2.16×
Q3 25
7.12×
0.26×
Q2 25
1.96×
0.80×
Q1 25
2.62×
0.95×
Q4 24
2.44×
2.48×
Q3 24
0.66×
Q2 24
1.62×
1.64×
Q1 24
1.74×

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%

RL
RL

Segment breakdown not available.

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