APi Group Corp (APG)
APi Group Corporation provides fire and life safety, security, elevator and escalator, and specialty services worldwide. It operates in two segments, Safety Services and Specialty Services. The company offers fire protection solutions; electronic security systems; and elevators and escalators, including the design, installation, inspection, service, and monitoring of life safety systems to high tech services, advanced manufacturing, healthcare, fulfillment and distribution centers, and critical infrastructure end markets. It also provides various specialty contracting, fabrication and distribution, and infrastructure and utility services to critical infrastructure, high tech services, and healthcare end markets. The company was formerly known as J2 Acquisition Limited and changed its name to APi Group Corporation in October 2019. APi Group Corporation was founded in 1926 and is headquartered in New Brighton, Minnesota.
- Ticker
- APG
- Exchange
- NYSE
- Sector
- Industrials
- Industry
- Engineering & Construction
- Market cap
- $17.61B
- 52-week range
- $35.16 - $49.99
Valuation
- Share price
- $40.87 (close of Nov 6, 2026)
- P/E (TTM)
- -72.98x
- Price to book
- 5.05x
- Price to free cash flow
- 26.17x
- Enterprise value
- $21.13B
- Book value per share
- $8.10
Price performance
| Period | Change |
|---|---|
| 1 day | +1.34% |
| 5 days | -7.83% |
| 1 month | -1.28% |
| 3 months | -0.92% |
| 6 months | -11.77% |
| Year to date | +6.82% |
| 1 year | +13.31% |
| 3 years | +124.44% |
| 5 years | +164.87% |
| All time | +489.47% |
Short interest
- As of
- Oct 15, 2026
- Short % of float
- 2.98%
- Shares short
- 10.39M
- Days to cover
- 3.50
- Change since prior report
- +8.98%
- Source
- FINRA consolidated short interest
Members of Congress who disclosed APG trades
Gilbert Ray Cisneros · Markwayne Mullin
Super investors holding APG
Henry Ellenbogen (Durable Capital Partners LP) · Dan Loeb (Third Point LLC) · Mairs & Power (Mairs & Power Inc)
Profitability and growth
- Return on equity
- 8.86%
- Return on invested capital
- 6.84%
- Return on assets
- 3.38%
- Return on capital employed
- 8.16%
- Gross margin
- 31.44%
- Net margin
- 3.82%
- EBITDA margin
- 11.14%
- Revenue growth
- 12.72%
- Net income growth
- 20.80%
- Free cash flow growth
- 23.69%
Cash flow and balance sheet
- Free cash flow yield (TTM)
- 3.82%
- Current ratio
- 1.18x
- Net debt to EBITDA
- 3.53x
Latest reported year
- Period end
- Dec 31, 2025
- Fiscal year
- 2025
- Revenue
- $7.91B
- Cost of revenue
- $5.42B
- Gross profit
- $2.49B
- EBITDA
- $881.00M
- Net income
- $302.00M
- Earnings per share
- $-0.69
- Interest expense
- $141.00M
- Shares outstanding
- 415.71M
Income statement by year
| Period end | Revenue | Gross profit | Net income | EPS |
|---|---|---|---|---|
| 2025-12-31 | $7.91B | $2.49B | $302.00M | -$0.69 |
| 2024-12-31 | $7.02B | $2.18B | $250.00M | -$0.56 |
| 2023-12-31 | $6.93B | $1.94B | $153.00M | -$0.46 |
| 2022-12-31 | $6.56B | $1.71B | $73.00M | $0.07 |
| 2021-12-31 | $3.94B | $939.00M | $47.00M | -$0.45 |
| 2020-12-31 | $3.59B | $756.00M | -$153.00M | -$1.47 |
| 2019-12-31 | $985.00M | $198.00M | -$153.00M | -$0.77 |
| 2018-12-31 | $3.73B | $787.00M | $136.00M | $0.00 |
| 2017-12-31 | $3.05B | $664.00M | $112.00M | - |
Margins and returns by year
| Period end | Gross margin | Net margin | Return on equity | Return on capital |
|---|---|---|---|---|
| 2025-12-31 | 31.44% | 3.82% | 8.86% | 6.84% |
| 2024-12-31 | 31.03% | 3.56% | 8.47% | 6.75% |
| 2023-12-31 | 28.00% | 2.21% | 7.39% | 6.03% |
| 2022-12-31 | 26.14% | 1.11% | 3.43% | 2.75% |
| 2021-12-31 | 23.83% | 1.19% | 2.02% | 2.48% |
| 2020-12-31 | 21.08% | -4.27% | -9.82% | -4.35% |
| 2019-12-31 | 20.10% | -15.53% | -8.71% | -5.46% |
| 2018-12-31 | 21.11% | 3.65% | 21.48% | 12.33% |
| 2017-12-31 | 21.80% | 3.68% | 9.11% | 9.35% |
Cash and debt by year
| Period end | Cash | Debt |
|---|---|---|
| 2025-12-31 | $912.00M | $2.75B |
| 2024-12-31 | $499.00M | $2.75B |
| 2023-12-31 | $479.00M | $2.32B |
| 2022-12-31 | $605.00M | $2.58B |
| 2021-12-31 | $1.19B | $1.77B |
| 2020-12-31 | $515.00M | $1.40B |
| 2019-12-31 | $256.00M | $1.17B |
| 2018-12-31 | $54.00M | - |
| 2017-12-31 | $1.23B | - |
Free cash flow by year
| Period end | Free cash flow | Stock-based compensation |
|---|---|---|
| 2025-12-31 | $663.00M | $44.00M |
| 2024-12-31 | $536.00M | $32.00M |
| 2023-12-31 | $428.00M | $29.00M |
| 2022-12-31 | $191.00M | $18.00M |
| 2021-12-31 | $127.00M | $12.00M |
| 2020-12-31 | $458.00M | $5.00M |
| 2019-12-31 | $139.00M | $156.00M |
| 2018-12-31 | $38.00M | $3.00M |
| 2017-12-31 | $79.00M | $10.00M |
Investor relations
Past earnings dates
| Reported | Fiscal period | EPS estimate |
|---|---|---|
| 2026-10-29 | Sep 2026 | $0.47 |
| 2026-07-30 | Jun 2026 | $0.44 |
| 2026-04-30 | Mar 2026 | $0.30 |
| 2026-02-25 | Dec 2025 | $0.40 |
| 2025-10-30 | Sep 2025 | $0.39 |
| 2025-07-31 | Jun 2025 | $0.37 |
| 2025-05-01 | Mar 2025 | $0.35 |
| 2025-02-26 | Dec 2024 | $0.48 |
Filings and sources
- Company website
- apigroupinc.com
- SEC filings
- 10-K, 10-Q and 8-K on EDGAR
- Earnings calendar
- All upcoming reports
Similar companies
Jacobs Solutions Inc. (J) · EMCOR Group, Inc. (EME) · MasTec Inc (MTZ) · Comfort Systems USA Inc (FIX) · Sterling Infrastructure, Inc. (STRL) · Quanta Services, Inc. (PWR) · Fluor Corp (FLR) · U-Haul Holding Co (UHAL-B)
Understanding these figures
Price-to-earnings ratio · Short interest · Discounted cash flow · Free cash flow · Earnings per share · Return on equity · Gross margin vs net margin · Reading a balance sheet · Debt and leverage · Dividend yield · Insider transactions and Form 4 · How to read a stock chart
Explore
Company directory · S&P 500 heatmap · Earnings calendar · Super investor holdings · Congress trades