vs

Side-by-side financial comparison of APA Corporation (APA) and Snap-on (SNA). 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 1.8× Snap-on). Snap-on runs the higher net margin — 21.3% vs 15.0%, a 6.3% gap on every dollar of revenue. On growth, Snap-on posted the faster year-over-year revenue change (2.7% vs -24.3%). Over the past eight quarters, Snap-on's revenue compounded faster (2.0% 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.

Snap-on Incorporated is an American designer, manufacturer, and marketer of high-end tools and equipment for professional use in the transportation industry, including the automotive, heavy duty, equipment, marine, aviation, and railroad industries. Headquartered in Kenosha, Wisconsin, since 1930, Snap-on also distributes lower-end tools under the brand name Blue-Point. Their primary competitors include Matco, Mac Tools, and Cornwell Tools.

APA vs SNA — Head-to-Head

Bigger by revenue
APA
APA
1.8× larger
APA
$2.2B
$1.2B
SNA
Growing faster (revenue YoY)
SNA
SNA
+27.0% gap
SNA
2.7%
-24.3%
APA
Higher net margin
SNA
SNA
6.3% more per $
SNA
21.3%
15.0%
APA
Faster 2-yr revenue CAGR
SNA
SNA
Annualised
SNA
2.0%
1.4%
APA

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
APA
APA
SNA
SNA
Revenue
$2.2B
$1.2B
Net Profit
$331.0M
$260.7M
Gross Margin
Operating Margin
32.5%
27.8%
Net Margin
15.0%
21.3%
Revenue YoY
-24.3%
2.7%
Net Profit YoY
-22.1%
1.0%
EPS (diluted)
$0.79
$4.94

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
SNA
SNA
Q4 25
$2.2B
$1.2B
Q3 25
$2.3B
$1.2B
Q2 25
$2.3B
$1.2B
Q1 25
$2.7B
$1.1B
Q4 24
$2.9B
$1.2B
Q3 24
$2.7B
$1.1B
Q2 24
$2.8B
$1.2B
Q1 24
$2.1B
$1.2B
Net Profit
APA
APA
SNA
SNA
Q4 25
$331.0M
$260.7M
Q3 25
$205.0M
$265.4M
Q2 25
$603.0M
$250.3M
Q1 25
$418.0M
$240.5M
Q4 24
$425.0M
$258.1M
Q3 24
$-223.0M
$251.1M
Q2 24
$541.0M
$271.2M
Q1 24
$212.0M
$263.5M
Operating Margin
APA
APA
SNA
SNA
Q4 25
32.5%
27.8%
Q3 25
33.7%
29.4%
Q2 25
31.8%
28.0%
Q1 25
31.9%
27.7%
Q4 24
31.4%
27.9%
Q3 24
-5.2%
28.4%
Q2 24
34.4%
29.9%
Q1 24
32.2%
28.9%
Net Margin
APA
APA
SNA
SNA
Q4 25
15.0%
21.3%
Q3 25
9.0%
22.5%
Q2 25
26.0%
21.4%
Q1 25
15.4%
21.2%
Q4 24
14.6%
21.7%
Q3 24
-8.1%
22.0%
Q2 24
19.0%
23.1%
Q1 24
9.9%
22.4%
EPS (diluted)
APA
APA
SNA
SNA
Q4 25
$0.79
$4.94
Q3 25
$0.57
$5.02
Q2 25
$1.67
$4.72
Q1 25
$0.96
$4.51
Q4 24
$0.97
$4.83
Q3 24
$-0.60
$4.70
Q2 24
$1.46
$5.07
Q1 24
$0.44
$4.91

Balance Sheet & Financial Strength

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

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

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
APA
APA
SNA
SNA
Q4 25
$516.0M
Q3 25
$475.0M
$1.5B
Q2 25
$107.0M
$1.5B
Q1 25
$67.0M
$1.4B
Q4 24
$625.0M
$1.4B
Q3 24
$64.0M
$1.3B
Q2 24
$160.0M
$1.2B
Q1 24
$102.0M
$1.1B
Total Debt
APA
APA
SNA
SNA
Q4 25
$4.3B
Q3 25
$4.3B
$1.2B
Q2 25
$4.3B
$1.2B
Q1 25
$5.2B
Q4 24
$6.0B
$1.2B
Q3 24
$6.4B
Q2 24
$6.7B
Q1 24
$5.2B
Stockholders' Equity
APA
APA
SNA
SNA
Q4 25
$6.1B
Q3 25
$6.0B
$5.8B
Q2 25
$5.9B
$5.7B
Q1 25
$5.4B
$5.5B
Q4 24
$5.3B
$5.4B
Q3 24
$5.1B
$5.5B
Q2 24
$5.4B
$5.3B
Q1 24
$2.6B
$5.1B
Total Assets
APA
APA
SNA
SNA
Q4 25
$17.8B
Q3 25
$17.7B
$8.4B
Q2 25
$18.1B
$8.2B
Q1 25
$18.5B
$8.1B
Q4 24
$19.4B
$7.9B
Q3 24
$19.4B
$8.0B
Q2 24
$20.2B
$7.8B
Q1 24
$15.0B
$7.7B
Debt / Equity
APA
APA
SNA
SNA
Q4 25
0.70×
Q3 25
0.72×
0.21×
Q2 25
0.73×
0.21×
Q1 25
0.96×
Q4 24
1.13×
0.22×
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
SNA
SNA
Operating Cash FlowLast quarter
$808.0M
$268.1M
Free Cash FlowOCF − Capex
$254.6M
FCF MarginFCF / Revenue
20.8%
Capex IntensityCapex / Revenue
1.1%
Cash ConversionOCF / Net Profit
2.44×
1.03×
TTM Free Cash FlowTrailing 4 quarters
$1.0B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
APA
APA
SNA
SNA
Q4 25
$808.0M
$268.1M
Q3 25
$1.5B
$277.9M
Q2 25
$1.2B
$237.2M
Q1 25
$1.1B
$298.5M
Q4 24
$1.0B
$293.5M
Q3 24
$1.3B
$274.2M
Q2 24
$877.0M
$301.1M
Q1 24
$368.0M
$348.7M
Free Cash Flow
APA
APA
SNA
SNA
Q4 25
$254.6M
Q3 25
$258.0M
Q2 25
$217.5M
Q1 25
$275.6M
Q4 24
$275.4M
Q3 24
$253.8M
Q2 24
$277.9M
Q1 24
$326.9M
FCF Margin
APA
APA
SNA
SNA
Q4 25
20.8%
Q3 25
21.8%
Q2 25
18.6%
Q1 25
24.3%
Q4 24
23.1%
Q3 24
22.3%
Q2 24
23.7%
Q1 24
27.8%
Capex Intensity
APA
APA
SNA
SNA
Q4 25
1.1%
Q3 25
1.7%
Q2 25
1.7%
Q1 25
2.0%
Q4 24
1.5%
Q3 24
1.8%
Q2 24
2.0%
Q1 24
1.9%
Cash Conversion
APA
APA
SNA
SNA
Q4 25
2.44×
1.03×
Q3 25
7.12×
1.05×
Q2 25
1.96×
0.95×
Q1 25
2.62×
1.24×
Q4 24
2.44×
1.14×
Q3 24
1.09×
Q2 24
1.62×
1.11×
Q1 24
1.74×
1.32×

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%

SNA
SNA

Segment breakdown not available.

Related Comparisons