APi Group Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2016 - 2019
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2016 - 2019
Operating Revenue	7,018	6,928	6,558	3,940	3,587	Upgrade
Revenue	7,018	6,928	6,558	3,940	3,587	Upgrade
Revenue Growth (YoY)	1.30%	5.64%	66.45%	9.84%	-12.34%	Upgrade
Cost of Revenue	4,840	4,988	4,844	3,001	2,831	Upgrade
Gross Profit	2,178	1,940	1,714	939	756	Upgrade
Selling, General & Admin	1,487	1,353	1,192	803	721	Upgrade
Operating Expenses	1,703	1,550	1,389	803	721	Upgrade
Operating Income	475	390	325	136	35	Upgrade
Interest Expense	-146	-145	-125	-60	-52	Upgrade
Interest & Investment Income	9	5	8	12	8	Upgrade
Earnings From Equity Investments	8	7	3	3	14	Upgrade
Currency Exchange Gain (Loss)	-2	1	-2	-3	12	Upgrade
EBT Excluding Unusual Items	344	258	209	88	17	Upgrade
Merger & Restructuring Charges	-13	-7	-121	-	-	Upgrade
Impairment of Goodwill	-	-	-	-	-197	Upgrade
Asset Writedown	-	-12	-	-	-	Upgrade
Other Unusual Items	-1	-7	5	-9	-4	Upgrade
Pretax Income	330	232	93	79	-184	Upgrade
Income Tax Expense	80	79	20	32	-31	Upgrade
Net Income	250	153	73	47	-153	Upgrade
Preferred Dividends & Other Adjustments	474	314	50	184	222	Upgrade
Net Income to Common	-224	-161	23	-137	-375	Upgrade
Net Income Growth	63.40%	109.59%	55.32%	-	-	Upgrade
Shares Outstanding (Basic)	268	235	233	206	169	Upgrade
Shares Outstanding (Diluted)	268	235	266	206	169	Upgrade
Shares Change (YoY)	13.84%	-11.63%	29.32%	21.40%	27.43%	Upgrade
EPS (Basic)	-0.84	-0.68	0.10	-0.67	-2.21	Upgrade
EPS (Diluted)	-0.84	-0.68	0.10	-0.67	-2.21	Upgrade
Free Cash Flow	536	428	191	127	458	Upgrade
Free Cash Flow Per Share	2.00	1.82	0.72	0.62	2.70	Upgrade
Gross Margin	31.03%	28.00%	26.14%	23.83%	21.08%	Upgrade
Operating Margin	6.77%	5.63%	4.96%	3.45%	0.98%	Upgrade
Profit Margin	-3.19%	-2.32%	0.35%	-3.48%	-10.45%	Upgrade
Free Cash Flow Margin	7.64%	6.18%	2.91%	3.22%	12.77%	Upgrade
EBITDA	777	693	629	338	298	Upgrade
EBITDA Margin	11.07%	10.00%	9.59%	8.58%	8.31%	Upgrade
D&A For EBITDA	302	303	304	202	263	Upgrade
EBIT	475	390	325	136	35	Upgrade
EBIT Margin	6.77%	5.63%	4.96%	3.45%	0.98%	Upgrade
Effective Tax Rate	24.24%	34.05%	21.50%	40.51%	-	Upgrade

Updated Feb 26, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q