APi Group Corporation (APG)

NYSE: APG · Real-Time Price · USD

44.03

-2.34 (-5.05%)

At close: Nov 4, 2026, 4:00 PM EST

44.03

0.00 (0.00%)

Pre-market: Nov 5, 2026, 6:54 AM EST

APi Group Financials Overview

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

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	8,907	7,911	7,018	6,928	6,558	3,940
Revenue Growth	16.36%	12.72%	1.30%	5.64%	66.45%	9.84%
Gross Profit	2,771	2,487	2,178	1,940	1,714	939
Operating Income	791	655	482	390	325	136
Net Income	-230	-288	-224	-161	23	-137
Earnings Per Share	-0.54	-0.69	-0.56	-0.46	0.07	-0.44
EPS Growth	-	-	-	-	-	-

Revenue by Segment

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Safety Services	5,983	5,456	4,797	4,425	4,575	2,080
Specialty Services	2,930	2,460	2,229	2,518	2,030	1,907
Corporate and Eliminations	-6	-5	-8	-15	-47	-47
Revenue (Total)	8,907	7,911	7,018	6,928	6,558	3,940

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	373	912	499	479	605	1,188
Total Debt	3,893	3,072	3,035	2,574	3,028	1,884
Net Cash (Debt)	-3,520	-2,160	-2,536	-2,095	-2,423	-696
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-8.23	-5.20	-6.32	-5.94	-6.07	-2.26

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	775	759	620	514	270	182
Capital Expenditures	-102	-96	-84	-86	-79	-55
Free Cash Flow	673	663	536	428	191	127
Free Cash Flow Growth	17.66%	23.69%	25.23%	124.08%	50.39%	-72.27%

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Gross Margin	31.11%	31.44%	31.03%	28.00%	26.14%	23.83%
Operating Margin	8.88%	8.28%	6.87%	5.63%	4.96%	3.45%
Pretax Margin	5.53%	5.22%	4.70%	3.35%	1.42%	2.01%
Profit Margin	-2.58%	-3.64%	-3.19%	-2.32%	0.35%	-3.48%
FCF Margin	7.56%	8.38%	7.64%	6.18%	2.91%	3.22%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '26 Nov 5, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PE Ratio	-	-	-	-	191.30	-
Forward PE	22.38	23.73	17.65	19.51	13.10	22.97
P/FCF Ratio	27.82	24.00	18.44	19.04	23.04	45.58
PS Ratio	2.10	2.01	1.41	1.18	0.67	1.47