APi Group Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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	324	302	250	153	73	47
Depreciation & Amortization	331	327	302	303	304	202
Stock-Based Compensation	45	44	32	29	18	12
Other Adjustments	178.5	169	77	79	-14	68
Change in Receivables	-166	-74	-11	-43	-217	-172
Changes in Inventories	5	6	9	13	-30	-2
Changes in Accounts Payable	43	5	16	-14	71	78
Changes in Accrued Expenses	48	45	-3	42	47	15
Changes in Unearned Revenue	128	85	46	51	71	19
Changes in Other Operating Activities	-154	-150	-98	-99	-53	-85
Operating Cash Flow	782	759	620	514	270	182
Operating Cash Flow Growth	15.85%	22.42%	20.62%	90.37%	48.35%	-63.31%
Capital Expenditures	-102	-96	-84	-86	-79	-55
Sale of Property, Plant & Equipment	26	28	33	54	17	20
Payments for Business Acquisitions	-469	-186	-778	-83	-2,839	-86
Investing Cash Flow	-545	-254	-829	-115	-2,901	-121
Long-Term Debt Issued	-	-	850	-	1,104	650
Long-Term Debt Repaid	-6	-7	-437	-484	-64	-321
Net Long-Term Debt Issued (Repaid)	-6	-7	413	-484	1,040	329
Issuance of Common Stock	-	-	458	-	797	676
Repurchase of Common Stock	-39	-96	-13	-44	-47	-3
Net Common Stock Issued (Repurchased)	-39	-96	445	-44	750	673
Repurchase of Preferred Stock	-	-	-	-600	-	-
Net Preferred Stock Issued (Repurchased)	-	-	-	-600	-	-
Other Financing Activities	-20	-18	-13	-4	-34	-85
Financing Cash Flow	-65	-121	245	-532	1,756	917
Effect of Exchange Rate Changes on Cash and Cash Equivalents	12	28	-15	6	-9	-2
Net Cash Flow	184	412	21	-127	-884	976
Free Cash Flow	680	663	536	428	191	127
Free Cash Flow Growth	2.56%	23.69%	25.23%	124.08%	50.39%	-72.27%
FCF Margin	8.32%	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	25	-73	377	-435	1,400	364
Unlevered Free Cash Flow	722.86	627.1	554.67	446.75	458.16	252.91

SEC Filings: 10-K · 10-Q