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

41.04 0.71 +1.76%
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) Operating margin

Alert me on Operating margin

APi Group Corporation's operating margin over the twelve months to 30 September 2026 was 7.23%, up 0.2 percentage points from fiscal 2025 (7.00%). Over the past ten years it has ranged from −16.4% (fiscal 2019) to 7.00% (fiscal 2025) — the current reading is the highest in ten years. That is above the Engineering & Construction industry median of 6.43% and above the Industrials sector median of 5.21%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 7.00% 0.10
FY2024 6.90% 1.72
FY2023 5.18% 2.71
FY2022 2.47% (0.98)
FY2021 3.45% 8.08
FY2020 −4.63% 11.72
FY2019 −16.4% (20.70)
FY2018 4.35% —

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 7.91% 0.15
Jun 2026 7.76% 2.56
Mar 2026 5.20% (2.55)
Dec 2025 7.75% (0.07)
27 more quarters

Against its own ten years

Low −16.4% High 7.00%
Ten-year median 3.90%
Current reading's percentile 100

Operating margin against peers

Company Operating margin
STRL Sterling Infrastructure, Inc. compare 18.2%
FIX Comfort Systems USA, Inc. compare 16.7%
TTEK Tetra Tech, Inc. compare 12.1%
EME EMCOR Group, Inc. compare 10.4%
APG APi Group Corporation 7.23%
MTZ MasTec, Inc. compare 4.93%
J Jacobs Solutions Inc. compare 4.57%
ACM AECOM compare 4.10%
FER Ferrovial N.V. compare —
Engineering & Construction industry median 6.43%
Industrials sector median 5.21%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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