APi Group Corporation (APG)
NYSE: APG · Real-Time Price · USD
40.04
+0.01 (0.02%)
Sep 4, 2026, 4:00 PM EDT - Market closed
APi Group Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 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 |
Net Income | 346 | 302 | 250 | 153 | 73 | 47 |
Depreciation & Amortization | 339 | 327 | 302 | 303 | 304 | 202 |
Asset Writedown & Restructuring Costs | -8 | -6 | -16 | 9 | 22 | - |
Stock-Based Compensation | 46 | 44 | 32 | 29 | 18 | 12 |
Other Operating Activities | 178 | 175 | 93 | 70 | -36 | 68 |
Change in Accounts Receivable | -207 | -74 | -11 | -43 | -217 | -172 |
Change in Inventory | - | 6 | 9 | 13 | -30 | -2 |
Change in Accounts Payable | 13 | 5 | 16 | -14 | 71 | 78 |
Change in Unearned Revenue | 172 | 85 | 46 | 51 | 71 | 19 |
Change in Other Net Operating Assets | -97 | -105 | -101 | -57 | -6 | -70 |
Operating Cash Flow | 782 | 759 | 620 | 514 | 270 | 182 |
Operating Cash Flow Growth | 20.68% | 22.42% | 20.62% | 90.37% | 48.35% | -63.31% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 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 |
Capital Expenditures | -106 | -96 | -84 | -86 | -79 | -55 |
Sale of Property, Plant & Equipment | 22 | 28 | 33 | 54 | 17 | 20 |
Cash Acquisitions | -891 | -186 | -778 | -83 | -2,839 | -86 |
Investing Cash Flow | -975 | -254 | -829 | -115 | -2,901 | -121 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 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 |
Long-Term Debt Issued | - | - | 850 | - | 1,104 | 650 |
Total Debt Issued | 1,075 | - | 850 | - | 1,104 | 650 |
Long-Term Debt Repaid | - | -7 | -437 | -484 | -64 | -321 |
Total Debt Repaid | -306 | -7 | -437 | -484 | -64 | -321 |
Net Debt Issued (Repaid) | 769 | -7 | 413 | -484 | 1,040 | 329 |
Issuance of Common Stock | - | - | 458 | - | 797 | 676 |
Repurchase of Common Stock | -105 | -96 | -13 | -44 | -47 | -3 |
Other Financing Activities | -45 | -18 | -13 | -4 | -34 | -85 |
Financing Cash Flow | 619 | -121 | 245 | -532 | 1,756 | 917 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 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 |
Foreign Exchange Rate Adjustments | -8 | 28 | -15 | 6 | -9 | -2 |
Net Cash Flow | 418 | 412 | 21 | -127 | -884 | 976 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 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 |
Free Cash Flow | 676 | 663 | 536 | 428 | 191 | 127 |
Free Cash Flow Growth | 18.80% | 23.69% | 25.23% | 124.08% | 50.39% | -72.27% |
Free Cash Flow Margin | 8.01% | 8.38% | 7.64% | 6.18% | 2.91% | 3.22% |
Free Cash Flow Per Share | 1.59 | 1.59 | 1.33 | 1.21 | 0.48 | 0.41 |
Levered Free Cash Flow | 648.63 | 694.25 | 468 | 428.13 | 562 | -262.5 |
Unlevered Free Cash Flow | 731.13 | 782.38 | 559.25 | 518.75 | 640.13 | -225 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 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 Income Tax Paid | 103 | 111 | 101 | 95 | 43 | 66 |
Change in Working Capital | -119 | -83 | -41 | -50 | -111 | -147 |