APG Q1 2023 Earnings — APi Group Corporation Revenue & Financial Results | Market Cap Arena

APGAPi Group Corporation

$18B

Q1 2023 Earnings

Industrials Engineering & Construction

Income Statement

Revenue

$1.6B+9.7% YoY

Gross Profit

$425M26.3% margin

Operating Income

$73M4.5% margin

Net Income

$26M1.6% margin

EPS (Diluted)

$0.03

QoQ Revenue Growth

-5.2%

Cash Flow

Operating Cash Flow

-$1M

Free Cash Flow

-$22M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$7.8B

Total Liabilities

$5.6B

Stockholders' Equity

$2.2B

Cash & Equivalents

$363M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.6B	$1.5B	+9.7%
Gross Profit	$425M	$376M	+13.0%
Operating Income	$73M	-$7M	+1142.9%
Net Income	$26M	-$7M	+471.4%

Revenue Segments

Safety Services

$1.2B37%

Life Safety

$1.1B33%

Specialty Services

$430M13%

Infrastructure Utility

$240M7%

Specialty Contracting

$135M4%

Heating Ventilation And Air Conditioning

$123M4%

Fabrication

$55M2%

Geographic Segments

Americas

$970M60%

Other Countries

$488M30%

FRANCE

$156M10%