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) Net margin

Alert me on Net margin

APi Group Corporation's net margin over the twelve months to 30 September 2026 was −2.58%, up 1.1 percentage points from fiscal 2025 (−3.64%). Over the past ten years it has ranged from −15.5% (fiscal 2019) to 3.65% (fiscal 2018); the current reading is higher than 38% of that period. That is below the Engineering & Construction industry median of 2.14% and below the Industrials sector median of 2.52%.

Net margin, annual

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Annual newest first

Period Net margin Change (points)
FY2025 −3.64% (0.45)
FY2024 −3.19% (0.87)
FY2023 −2.32% (2.76)
FY2022 0.44% 3.92
FY2021 −3.48% 6.97
FY2020 −10.5% 5.08
FY2019 −15.5% (19.18)
FY2018 3.65% —

Quarterly newest first

Period Net margin Change (points)
Sep 2026 3.99% 0.04
Jun 2026 3.95% 1.38
Mar 2026 2.57% 24.87
Dec 2025 −22.3% (26.33)
27 more quarters

Against its own ten years

Low −15.5% High 3.65%
Ten-year median −3.34%
Current reading's percentile 68

Net margin against peers

Company Net margin
FIX Comfort Systems USA, Inc. compare 13.0%
STRL Sterling Infrastructure, Inc. compare 12.9%
TTEK Tetra Tech, Inc. compare 8.60%
EME EMCOR Group, Inc. compare 7.78%
MTZ MasTec, Inc. compare 2.80%
J Jacobs Solutions Inc. compare 2.38%
ACM AECOM compare 1.87%
APG APi Group Corporation −2.58%
FER Ferrovial N.V. compare —
Engineering & Construction industry median 2.14%
Industrials sector median 2.52%
Market median 1.06%

What Net margin is

Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.

Net Income Allotted to Shareholders ÷ Revenue

The full definition of Net margin →

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