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Side-by-side financial comparison of APA Corporation (APA) and State Street Corporation (STT). Click either name above to swap in a different company.

State Street Corporation is the larger business by last-quarter revenue ($3.7B vs $2.2B, roughly 1.7× APA Corporation). State Street Corporation runs the higher net margin — 20.4% vs 15.0%, a 5.4% gap on every dollar of revenue. On growth, State Street Corporation posted the faster year-over-year revenue change (7.5% vs -24.3%). Over the past eight quarters, State Street Corporation's revenue compounded faster (8.1% 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.

State Street Corporation is an American multinational financial services and bank holding company headquartered at One Congress Street in Boston. It is the second-oldest continuously operating U.S. bank, tracing its roots to Union Bank, chartered in 1792. As of the third quarter of 2025, State Street is one of the world's largest asset managers and custodians, with approximately US$5.4 trillion in assets under management and US$51.7 trillion under custody and administration.

APA vs STT — Head-to-Head

Bigger by revenue
STT
STT
1.7× larger
STT
$3.7B
$2.2B
APA
Growing faster (revenue YoY)
STT
STT
+31.8% gap
STT
7.5%
-24.3%
APA
Higher net margin
STT
STT
5.4% more per $
STT
20.4%
15.0%
APA
Faster 2-yr revenue CAGR
STT
STT
Annualised
STT
8.1%
1.4%
APA

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
APA
APA
STT
STT
Revenue
$2.2B
$3.7B
Net Profit
$331.0M
$747.0M
Gross Margin
Operating Margin
32.5%
25.0%
Net Margin
15.0%
20.4%
Revenue YoY
-24.3%
7.5%
Net Profit YoY
-22.1%
-4.6%
EPS (diluted)
$0.79
$2.41

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
STT
STT
Q4 25
$2.2B
$3.7B
Q3 25
$2.3B
$3.5B
Q2 25
$2.3B
$3.4B
Q1 25
$2.7B
$3.3B
Q4 24
$2.9B
$3.4B
Q3 24
$2.7B
$3.3B
Q2 24
$2.8B
$3.2B
Q1 24
$2.1B
$3.1B
Net Profit
APA
APA
STT
STT
Q4 25
$331.0M
$747.0M
Q3 25
$205.0M
$861.0M
Q2 25
$603.0M
$693.0M
Q1 25
$418.0M
$644.0M
Q4 24
$425.0M
$783.0M
Q3 24
$-223.0M
$730.0M
Q2 24
$541.0M
$711.0M
Q1 24
$212.0M
$463.0M
Operating Margin
APA
APA
STT
STT
Q4 25
32.5%
25.0%
Q3 25
33.7%
31.1%
Q2 25
31.8%
25.8%
Q1 25
31.9%
25.0%
Q4 24
31.4%
28.1%
Q3 24
-5.2%
28.4%
Q2 24
34.4%
28.6%
Q1 24
32.2%
19.1%
Net Margin
APA
APA
STT
STT
Q4 25
15.0%
20.4%
Q3 25
9.0%
24.3%
Q2 25
26.0%
20.1%
Q1 25
15.4%
19.6%
Q4 24
14.6%
22.9%
Q3 24
-8.1%
22.4%
Q2 24
19.0%
22.3%
Q1 24
9.9%
14.8%
EPS (diluted)
APA
APA
STT
STT
Q4 25
$0.79
$2.41
Q3 25
$0.57
$2.78
Q2 25
$1.67
$2.17
Q1 25
$0.96
$2.04
Q4 24
$0.97
$2.43
Q3 24
$-0.60
$2.26
Q2 24
$1.46
$2.15
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
STT
STT
Cash + ST InvestmentsLiquidity on hand
$516.0M
Total DebtLower is stronger
$4.3B
Stockholders' EquityBook value
$6.1B
$27.8B
Total Assets
$17.8B
$366.0B
Debt / EquityLower = less leverage
0.70×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
APA
APA
STT
STT
Q4 25
$516.0M
Q3 25
$475.0M
Q2 25
$107.0M
Q1 25
$67.0M
Q4 24
$625.0M
Q3 24
$64.0M
Q2 24
$160.0M
Q1 24
$102.0M
Total Debt
APA
APA
STT
STT
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
STT
STT
Q4 25
$6.1B
$27.8B
Q3 25
$6.0B
$27.6B
Q2 25
$5.9B
$27.3B
Q1 25
$5.4B
$26.7B
Q4 24
$5.3B
$25.3B
Q3 24
$5.1B
$25.8B
Q2 24
$5.4B
$24.8B
Q1 24
$2.6B
$24.4B
Total Assets
APA
APA
STT
STT
Q4 25
$17.8B
$366.0B
Q3 25
$17.7B
$371.1B
Q2 25
$18.1B
$376.7B
Q1 25
$18.5B
$372.7B
Q4 24
$19.4B
$353.2B
Q3 24
$19.4B
$338.5B
Q2 24
$20.2B
$325.6B
Q1 24
$15.0B
$338.0B
Debt / Equity
APA
APA
STT
STT
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
STT
STT
Operating Cash FlowLast quarter
$808.0M
$10.0B
Free Cash FlowOCF − Capex
$9.8B
FCF MarginFCF / Revenue
266.6%
Capex IntensityCapex / Revenue
7.3%
Cash ConversionOCF / Net Profit
2.44×
13.44×
TTM Free Cash FlowTrailing 4 quarters
$10.8B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
APA
APA
STT
STT
Q4 25
$808.0M
$10.0B
Q3 25
$1.5B
$7.9B
Q2 25
$1.2B
$-8.4B
Q1 25
$1.1B
$2.4B
Q4 24
$1.0B
$-7.4B
Q3 24
$1.3B
$2.7B
Q2 24
$877.0M
$-7.6B
Q1 24
$368.0M
$-844.0M
Free Cash Flow
APA
APA
STT
STT
Q4 25
$9.8B
Q3 25
$7.7B
Q2 25
$-8.8B
Q1 25
$2.2B
Q4 24
$-7.7B
Q3 24
$2.5B
Q2 24
$-7.9B
Q1 24
$-1.1B
FCF Margin
APA
APA
STT
STT
Q4 25
266.6%
Q3 25
216.0%
Q2 25
-254.1%
Q1 25
66.1%
Q4 24
-225.1%
Q3 24
75.9%
Q2 24
-246.2%
Q1 24
-34.2%
Capex Intensity
APA
APA
STT
STT
Q4 25
7.3%
Q3 25
6.9%
Q2 25
9.3%
Q1 25
6.9%
Q4 24
7.3%
Q3 24
7.2%
Q2 24
6.7%
Q1 24
7.3%
Cash Conversion
APA
APA
STT
STT
Q4 25
2.44×
13.44×
Q3 25
7.12×
9.18×
Q2 25
1.96×
-12.18×
Q1 25
2.62×
3.72×
Q4 24
2.44×
-9.49×
Q3 24
3.71×
Q2 24
1.62×
-10.75×
Q1 24
1.74×
-1.82×

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%

STT
STT

Other$2.2B59%
Investment Management$729.0M20%
Management Services$662.0M18%
Other Fee Revenue$56.0M2%
Securities Financing Services$54.0M1%

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