APi Group Corporation (APG)

APi Group Cash Flow Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	302	250	153	73	47
Depreciation & Amortization	327	302	303	304	202
Stock-Based Compensation	44	32	29	18	12
Other Adjustments	169	77	79	-14	68
Change in Receivables	-74	-11	-43	-217	-172
Changes in Inventories	6	9	13	-30	-2
Changes in Accounts Payable	5	16	-14	71	78
Changes in Accrued Expenses	45	-3	42	47	15
Changes in Unearned Revenue	85	46	51	71	19
Changes in Other Operating Activities	-150	-98	-99	-53	-85
Operating Cash Flow	759	620	514	270	182
Operating Cash Flow Growth	22.42%	20.62%	90.37%	48.35%	-63.31%
Capital Expenditures	-96	-84	-86	-79	-55
Sale of Property, Plant & Equipment	28	33	54	17	20
Payments for Business Acquisitions	-186	-778	-83	-2,839	-86
Investing Cash Flow	-254	-829	-115	-2,901	-121
Long-Term Debt Issued	-	850	-	1,104	650
Long-Term Debt Repaid	-7	-437	-484	-64	-321
Net Long-Term Debt Issued (Repaid)	-7	413	-484	1,040	329
Issuance of Common Stock	-	458	-	797	676
Repurchase of Common Stock	-96	-13	-44	-47	-3
Net Common Stock Issued (Repurchased)	-96	445	-44	750	673
Repurchase of Preferred Stock	-	-	-600	-	-
Net Preferred Stock Issued (Repurchased)	-	-	-600	-	-
Other Financing Activities	-18	-13	-4	-34	-85
Financing Cash Flow	-121	245	-532	1,756	917
Effect of Exchange Rate Changes on Cash and Cash Equivalents	28	-15	6	-9	-2
Net Cash Flow	412	21	-127	-884	976
Free Cash Flow	663	536	428	191	127
Free Cash Flow Growth	23.69%	25.23%	124.08%	50.39%	-72.27%
FCF Margin	8.38%	7.64%	6.18%	2.91%	3.22%
Free Cash Flow Per Share	1.59	1.33	1.21	0.48	0.41
Levered Free Cash Flow	-73	377	-435	1,400	364
Unlevered Free Cash Flow	627.1	554.67	446.75	458.16	252.91

Updated Feb 25, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q