APA GROUP (APA)
Share Price Analysis and Chart

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APA

APA - APA GROUP

FNArena Sector : Infrastructure & Utilities
Year End: June
GICS Industry Group : Utilities
Debt/EBITDA: 7.04
Index: ASX50 | ASX100 | ASX200 | ASX300 | ALL-ORDS

APA Group owns and operates natural gas and electricity assets, while increasingly adding renewables. It is Australia's largest natural gas infrastructure business and one of few true local dividend champions. It listed in 2000.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$10.63

25 Jun
2026

0.190

OPEN

$10.57

1.82%

HIGH

$10.70

3,780,424

LOW

$10.54

TARGET
$10.66

+1.29 change from previous day

 0.3% upside
OTHER COMPANIES IN THE SAME SECTOR
AGL . AIA . ALX . CEN . DBI . DBI . GNE . GNP . MEZ . ORG . SRJ . TCL .
FNARENA'S MARKET CONSENSUS FORECASTS
APA: 1
Title FY25
Actual		 FY26
Actual		 FY27
Forecast		 FY28
Forecast
EPS (cps) xxx 15.7 23.8 xxx
DPS (cps) xxx 58.0 59.2 xxx
EPS Growth xxx 100.0% 51.2% xxx
DPS Growth xxx 1.8% 2.1% xxx
PE Ratio xxx N/A 47.3 xxx
Dividend Yield xxx N/A 5.3% xxx
Div Pay Ratio(%) xxx 368.7% 248.9% xxx

Dividend yield today if purchased 3 years ago: 6.92%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 5.16

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 29/06 - (franking ex-div 30.50c)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2026 FactSet UK Limited. All rights reserved
Title 202120222023202420252026
EPS Basic xxxxxxxxxxxxxxx15.7
DPS All xxxxxxxxxxxxxxx58.0
Sales/Revenue xxxxxxxxxxxxxxx2,992.0 M
Book Value Per Share xxxxxxxxxxxxxxx203.9
Net Operating Cash Flow xxxxxxxxxxxxxxx1,252.0 M
Net Profit Margin xxxxxxxxxxxxxxx6.92 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 202120222023202420252026
Return on Capital Employed xxxxxxxxxxxxxxx7.71 %
Return on Invested Capital xxxxxxxxxxxxxxx1.28 %
Return on Assets xxxxxxxxxxxxxxx1.01 %
Return on Equity xxxxxxxxxxxxxxx7.71 %
Return on Total Capital xxxxxxxxxxxxxxx6.76 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-25.0 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 202120222023202420252026
Short-Term Debt xxxxxxxxxxxxxxx1,091 M
Long Term Debt xxxxxxxxxxxxxxx13,062 M
Total Debt xxxxxxxxxxxxxxx14,153 M
Goodwill - Gross xxxxxxxxxxxxxxx1,860 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx1,636 M
Price To Book Value xxxxxxxxxxxxxxx4.97

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 202120222023202420252026
Capex xxxxxxxxxxxxxxx845.0 M
Capex % of Sales xxxxxxxxxxxxxxx28.24 %
Cost of Goods Sold xxxxxxxxxxxxxxx1,858 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx0 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx585 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
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Sentiment Indicator

0.0

No. Of Recommendations

3
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Citi

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Macquarie

03/06/2026

1

Outperform

$10.41

-2.07%

APA Group is increasingly confident around gas-powered generation, Macquarie observes, which should produce the material storage investment which is its core competency. The drivers are coming from retiring coal fleet and data centre growth.

The government's gas reservation policy creates incentives for gas explorers to develop new fields and the need for storage is growing, the broker adds, with the primary opportunity in Queensland via government entities.

The bias is for developments near export terminals while state exports need to support domestic infrastructure, Macquarie notes.

Outperform. Target $10.41.

FORECAST
Macquarie forecasts a full year FY26 dividend of 58.00 cents and EPS of 18.70 cents.
Macquarie forecasts a full year FY27 dividend of 59.00 cents and EPS of 24.20 cents.

Morgan Stanley

xx/xx/xxxx

3

xxxxxx xxxxxxxx xxxx xxxxx-xxxxxx

$xx.xx

xx.xx%

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EXTRA COVERAGE
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No. Of Recommendations

0

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY
Access Extra Coverage Research History >

APA STOCK CHART

FNArena News on APA

Latest Infrastructure & Utilities News

1
What Now For AGL?

May 31 2022 - Australia
2
ESG Focus: APA Group Pushes Gas Prospects

May 10 2022 - ESG Focus
3
ESG Focus: Decarbonisation Demand Drives Ethical Investing

Apr 13 2022 - ESG Focus
4
Preferred Westgate Outcome For Transurban

Dec 21 2021 - Australia
5
Unstable Foundations: The Risks In Relying On A Post-Pandemic ‘Snapback’ In Infrastructure

Oct 01 2021 - International
6
The Right Price For Sydney Airport?

Jul 06 2021 - Australia
7
Accel Is A Hard Act To Sell For New AGL

Jul 02 2021 - Australia
8
Infrastructure’s Inbuilt Hedge Against Inflation

Apr 08 2021 - FYI
9
AGL’s Plans For Separation

Apr 01 2021 - Australia
10
How Can AGL Energy Broaden Its Appeal?

Mar 22 2021 - Australia