Friday 6 November 2026 Export APG’s income statement to Excel — free account

APi Group Corporation

APG Industrials Engineering & Construction

APi Group Corporation’s revenue for fiscal 2025 (year ended December 2025) was $7.9 billion, up 12.7% from fiscal 2024.

Revenue: +22.5%
EPS: +32.3%
Free cash flow: −0.98%
Total debt: +29.6%

Quarter to September 2026, against a year earlier

40.59 3.44 −7.81%

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Market cap: $17.3B
P/E: 0.0×
Fwd P/E: 48.5×
Dividend yield: —
F-score: 6/9
Altman Z: 3.04
Beneish M: −2.66
Dividend safety: n/a

Overview Business Profile Earnings & Analysis Segments Valuation Filings

APi Group Corporation (APG) Debt to equity

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APi Group Corporation's debt to equity at the end of the quarter to 30 September 2026 was 1.0×, up 0.2× from fiscal 2025 (0.8×). Over the past ten years it has ranged from 0.0× (fiscal 2018) to 1.3× (fiscal 2022); the current reading is higher than 50% of that period. That is above the Engineering & Construction industry median of 0.4× and above the Industrials sector median of 0.3×.

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<iframe src="https://stockrow.com/embed/APG/debt-to-equity" width="100%" height="360" style="border:0" loading="lazy" title="APi Group Corporation debt to equity, 10 years"></iframe>
<p style="font-size:12px">Source: <a href="https://stockrow.com/APG/metrics/debt-to-equity">APi Group Corporation (APG) debt to equity — stockrow.com</a></p>

Period	Debt to equity	Change
FY2025	0.8×	(13.16%)
FY2024	0.9×	(17.03%)
FY2023	1.1×	(14.31%)
FY2022	1.3×	72.37%
FY2021	0.8×	(16.24%)
FY2020	0.9×	34.09%
FY2019	0.7×	—
FY2018	0.0×	—

Period	Debt to equity	Change
Sep 2026	1.0×	2.27%
Jun 2026	1.0×	26.56%
Mar 2026	0.8×	(2.21%)
Dec 2025	0.8×	(3.84%)
28 more quarters	Free account

Against its own ten years

Low 0.0× High 1.3×

Ten-year median 0.9×

Current reading's percentile 50

Company	Debt to equity
EME EMCOR Group, Inc. compare	0.0×
FIX Comfort Systems USA, Inc. compare	0.0×
STRL Sterling Infrastructure, Inc. compare	0.1×
TTEK Tetra Tech, Inc. compare	0.4×
MTZ MasTec, Inc. compare	1.0×
APG APi Group Corporation	1.0×
J Jacobs Solutions Inc. compare	1.1×
ACM AECOM compare	1.1×
FER Ferrovial N.V. compare	1.4×
Engineering & Construction industry median	0.4×
Industrials sector median	0.3×
Market median	0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

APi Group Corporation (APG) Debt to equity

Debt to equity, annual

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Quarterly newest first

Against its own ten years

Debt to equity against peers

What Debt to equity is

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Debt to equity, annual

Annual newest first

Quarterly newest first

Against its own ten years

Debt to equity against peers

What Debt to equity is

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