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Api Group Corp (APG) Financial History

20 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

INDUSTRIALS · ENGINEERING & CONSTRUCTION · DATA UPDATED 2026-07-25

Api Group Corp (APG) operates in the ENGINEERING & CONSTRUCTION industry and is headquartered in New Brighton, United States with about 29,000 employees. Its market capitalization is roughly $17 billion. In the fiscal year ended 2025-12-31, APG reported $7.9B in revenue and $302M in net income.

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.

Interactive charts & full statements → Open the APG valuation workbench →

APG Revenue & Earnings History — Annual Income Statement

Income statementTTM → 2026-03-312025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-31
Total Revenue$8.2B$7.9B$7.0B$6.9B$6.6B$3.9B$3.6B$985M$3.7B$3.0B$2.6B$2.4B
Gross Profit$2.4B$2.5B$2.2B$1.9B$1.7B$939M$756M$198M$787M$664M$604M$543M
Gross Margin %29.1%31.4%31.0%28.0%26.1%23.8%21.1%20.1%21.1%21.8%23.2%22.2%
Operating Income (EBIT)$545M$554M$484M$359M$162M$136M($166M)($161M)$162M$123M$106M$112M
Operating Margin %6.7%7.0%6.9%5.2%2.5%3.5%-4.6%-16.4%4.3%4.0%4.1%4.6%
Net Income$324M$302M$250M$153M$73M$47M($153M)($153M)$136M$112M$104M$106M
Net Margin %4.0%3.8%3.6%2.2%1.1%1.2%-4.3%-15.5%3.6%3.7%4.0%4.3%
EBITDA$859M$982M$778M$680M$522M$341M$131M($67M)$277M$222M
Earnings Per Share (EPS)$0.77$0.73$0.93$0.43$0.18$0.15$-0.60$-0.59$0.78$0.93
Shares Outstanding (M)435M416M268M353M399M309M254M261M175M121M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

APG Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement2026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-30
Total Revenue$2.0B$2.1B$2.1B$2.0B$1.7B$1.9B$1.8B$1.7B
Gross Profit$557M$618M$592M$615M$485M$575M$567M$544M
Gross Margin %28.1%29.2%28.4%30.9%28.2%30.9%31.1%31.4%
Operating Income (EBIT)$149M$92M$161M$143M$87M$116M$142M$126M
Operating Margin %7.5%4.3%7.7%7.2%5.1%6.2%7.8%7.3%
Net Income$57M$97M$93M$77M$35M$67M$69M$69M
Net Margin %2.9%4.6%4.5%3.9%2.0%3.6%3.8%4.0%
EBITDA$185M$217M$231M$226M$150M$195M$218M$199M
Earnings Per Share (EPS)$0.13$0.23$0.22$0.19$0.08$0.24$0.17$0.17
Shares Outstanding (M)435M416M429M416M417M275M414M414M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

APG Free Cash Flow History

Cash flowTTM → 2026-03-312025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-31
Cash from Operations (CFO)$782M$759M$620M$514M$270M$182M$496M$150M$112M$118M
Capital Expenditures (CapEx)$102M$96M$84M$86M$79M$55M$38M$11M$74M$39M
Free Cash Flow (FCF)$680M$663M$536M$428M$191M$127M$458M$139M$38M$79M
FCF Margin %8.3%8.4%7.6%6.2%2.9%3.2%12.8%14.1%1.0%2.6%
Dividends Paid$673M$3M$53M$74M$111M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

APG Quarterly Free Cash Flow — Last 8 Quarters

Quarterly cash flow2026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-30
Cash from Operations (CFO)$85M$382M$232M$83M$62M$283M$220M$110M
Capital Expenditures (CapEx)$18M$26M$31M$27M$12M$18M$22M$22M
Free Cash Flow (FCF)$67M$356M$201M$56M$50M$265M$198M$88M
FCF Margin %3.4%16.8%9.6%2.8%2.9%14.2%10.8%5.1%

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

APG Balance Sheet History

Balance sheet2026-03-312025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-31
Total Assets$9.0B$8.9B$8.2B$7.6B$8.1B$5.2B$4.1B$4.0B$2.0B$1.2B
Cash & Cash Equivalents$645M$912M$499M$479M$605M$1.2B$515M$256M$54M$19M
Total Liabilities$5.5B$5.5B$5.2B$4.7B$6.0B$2.8B$2.5B$2.3B$1.4B$0M
Total Debt (Short + Long-Term)$2.8B$2.9B$2.8B$2.4B$2.9B$1.8B$1.4B$1.2B$600M$0M
Total Shareholders' Equity$3.5B$3.4B$3.0B$2.9B$2.1B$2.3B$1.6B$1.8B$633M$1.2B

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive APG viewer.

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