APi Group Corporation (APG)

APi Group Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	6,915	6,928	6,558	3,940	3,587	985
Revenue Growth (YoY)	3.19%	5.64%	66.45%	9.84%	264.16%	-73.58%
Cost of Revenue	4,908	4,988	4,844	3,001	2,831	787
Gross Profit	2,007	1,940	1,714	939	756	198
Selling, General & Admin	1,621	1,581	1,552	803	725	359
Other Operating Expenses	0	0	0	0	197	0
Operating Expenses	1,621	1,581	1,552	803	922	359
Operating Income	386	359	162	136	-166	-161
Interest Expense / Income	142	145	125	60	52	15
Other Expense / Income	359	-18	-56	-3	-34	-25
Pretax Income	-115	232	93	79	-184	-151
Income Tax	85	79	20	32	-31	2
Net Income	-200	153	73	47	-153	-153
Preferred Dividends	310	314	44	184	222	0
Net Income Common	-510	-161	29	-137	-375	-153
Shares Outstanding (Basic)	250	235	233	206	169	133
Shares Outstanding (Diluted)	250	235	266	206	169	133
Shares Change	-6.37%	-11.65%	29.13%	21.89%	27.07%	-
EPS (Basic)	-2.07	-0.68	0.10	-0.67	-2.21	-1.15
EPS (Diluted)	-2.07	-0.68	0.10	-0.67	-2.21	-1.15
Free Cash Flow	508	482	208	147	475	144
Free Cash Flow Per Share	2.03	2.05	0.89	0.71	2.81	1.08
Gross Margin	29.02%	28.00%	26.14%	23.83%	21.08%	20.10%
Operating Margin	5.58%	5.18%	2.47%	3.45%	-4.63%	-16.35%
Profit Margin	-7.38%	-2.32%	0.44%	-3.48%	-10.45%	-15.53%
Free Cash Flow Margin	7.35%	6.96%	3.17%	3.73%	13.24%	14.62%
Effective Tax Rate	-	34.05%	21.51%	40.51%	-	-
EBITDA	421	768	589	372	161	-61
EBITDA Margin	6.09%	11.09%	8.98%	9.44%	4.49%	-6.19%
Depreciation & Amortization	394	391	371	233	293	75
EBIT	27	377	218	139	-132	-136
EBIT Margin	0.39%	5.44%	3.32%	3.53%	-3.68%	-13.81%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).