APG Q1 2024 Earnings — APi Group Corporation Revenue & Financial Results | Market Cap Arena

APGAPi Group Corporation

$18B

Q1 2024 Earnings

Industrials Engineering & Construction

Income Statement

Revenue

$1.6B-0.8% YoY

Gross Profit

$492M30.7% margin

Operating Income

$100M6.2% margin

Net Income

$45M2.8% margin

EPS (Diluted)

$-0.89

QoQ Revenue Growth

-9.0%

Cash Flow

Operating Cash Flow

$7M

Free Cash Flow

-$15M

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$7.2B

Total Liabilities

$4.9B

Stockholders' Equity

$2.3B

Cash & Equivalents

$247M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.6B	$1.6B	-0.8%
Gross Profit	$492M	$425M	+15.8%
Operating Income	$100M	$73M	+37.0%
Net Income	$45M	$26M	+73.1%

Revenue Segments

Life Safety

$1.1B74%

Infrastructure Utility

$205M14%

Specialty Contracting

$134M9%

Fabrication

$50M3%

Geographic Segments

Americas

$963M60%

Other Countries

$476M30%

FRANCE

$162M10%