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%
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

APi Group Corporation (APG) Gross margin

Alert me on Gross margin

APi Group Corporation's gross margin over the twelve months to 30 September 2026 was 31.1%, down 0.3 percentage points from fiscal 2025 (31.4%). Over the past ten years it has ranged from 20.1% (fiscal 2019) to 31.4% (fiscal 2025) — the current reading is the highest in ten years. That is above the Engineering & Construction industry median of 18.8% and in line with the Industrials sector median of 30.6%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 31.4% 0.41
FY2024 31.0% 3.03
FY2023 28.0% 1.86
FY2022 26.1% 2.31
FY2021 23.8% 2.75
FY2020 21.1% 0.98
FY2019 20.1% (1.01)
FY2018 21.1% —

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 30.2% (1.04)
Jun 2026 31.2% (0.09)
Mar 2026 31.3% (0.75)
Dec 2025 32.0% 0.76
27 more quarters

Against its own ten years

Low 20.1% High 31.4%
Ten-year median 25.0%
Current reading's percentile 82

Gross margin against peers

Company Gross margin
APG APi Group Corporation 31.1%
FIX Comfort Systems USA, Inc. compare 25.6%
STRL Sterling Infrastructure, Inc. compare 23.8%
J Jacobs Solutions Inc. compare 22.1%
EME EMCOR Group, Inc. compare 19.6%
TTEK Tetra Tech, Inc. compare 18.8%
MTZ MasTec, Inc. compare 12.7%
ACM AECOM compare 5.68%
FER Ferrovial N.V. compare —
Engineering & Construction industry median 18.8%
Industrials sector median 30.6%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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