APG (APi Group Corporation) Stock Financials & Earnings

APGAPi Group Corporation

Mkt Cap$18B

Revenue (TTM)$7.9B

Net Income (TTM)$293M

EPS (TTM)-$0.76

Free Cash Flow (TTM)$663M

Gross Margin31.4%

Op. Margin7.0%

Net Margin3.7%

FCF Margin8.4%

P/S Ratio (TTM)2.3x

P/E Ratio (TTM)62.9x

YoY Rev Growth+12.7%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$1.6B	$425M	$73M
Q2 23	$1.8B	$496M	$107M
Q3 23	$1.8B	$511M	$104M
Q4 23	$1.8B	$508M	$75M
Q1 24	$1.6B	$492M	$100M
Q2 24	$1.7B	$544M	$126M
Q3 24	$1.8B	$567M	$142M
Q4 24	$1.9B	$575M	$116M
Q1 25	$1.7B	$542M	$84M
Q2 25	$2.0B	$615M	$143M
Q3 25	$2.1B	$652M	$163M
Q4 25	$2.1B	$678M	$164M

Revenue Breakdown

Valuation

Operating Cash Flow

Capital Expenditures

CapEx

OpEx vs Revenue Growth (YoY)

Stock-Based Compensation

OpEx Breakdown

Quarter	G&A	S&M	SG&A
Q1 23	$349M	$3M	—
Q2 23	$389M	—	—
Q3 23	$404M	$3M	—
Q4 23	$430M	—	—
Q1 24	—	—	$392M
Q2 24	$418M	—	—
Q3 24	—	—	$425M
Q4 24	$404M	—	—
Q1 25	—	—	$458M
Q2 25	$472M	—	—
Q3 25	—	—	$489M
Q4 25	—	—	$514M

Revenue Segments

Quarter	Safety Services	Specialty Services	Fabrication	Heating Ventilation And Air Conditioning	Infrastructure Utility	Life Safety	Specialty Contracting
Q3 23	$1.2B	$569M	—	—	—	—	—
Q2 24	—	—	$47M	$115M	$246M	$1.2B	$160M
Q3 24	—	—	$63M	$132M	$283M	$1.2B	$147M
Q4 24	—	—	$70M	$127M	$263M	$1.3B	$130M
Q1 25	—	—	—	—	$185M	$1.3B	$198M
Q2 25	—	—	—	—	$256M	$1.4B	$274M
Q3 25	—	—	—	—	$291M	$1.4B	$289M

Revenue by Geography

Quarter	Americas	France	Other Countries
Q1 23	$970M	$156M	$488M
Q2 23	$1.1B	$150M	$498M
Q3 23	$1.2B	$140M	$492M
Q1 24	$963M	$162M	$476M
Q2 24	$1.1B	$157M	$499M
Q3 24	$1.2B	$153M	$493M
Q4 24	$1.2B	$165M	$530M
Q1 25	$1.1B	$161M	$479M
Q2 25	$1.3B	$172M	$516M
Q3 25	$1.4B	$170M	$518M
Q4 25	$1.4B	$188M	$527M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$363M	$0	$363M
Q2 23	$368M	$0	$368M
Q3 23	$461M	$0	$461M
Q4 23	$479M	$0	$479M
Q1 24	$247M	$0	$247M
Q2 24	$324M	$0	$324M
Q3 24	$487M	$0	$487M
Q4 24	$499M	$0	$499M
Q1 25	$460M	$0	$460M
Q2 25	$432M	$0	$432M
Q3 25	$555M	$0	$555M
Q4 25	$912M	$0	$912M

Shares Outstanding

Revenue Per Employee

Revenue / Employee