APG Q2 2023 Earnings — APi Group Corporation Revenue & Financial Results | Market Cap Arena

APGAPi Group Corporation

$18B

Q2 2023 Earnings

Industrials Engineering & Construction

Income Statement

Revenue

$1.8B+7.4% YoY

Gross Profit

$496M28.0% margin

Operating Income

$107M6.0% margin

Net Income

$48M2.7% margin

EPS (Diluted)

$0.09

QoQ Revenue Growth

+9.7%

Cash Flow

Operating Cash Flow

$74M

Free Cash Flow

$49M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$8.0B

Total Liabilities

$4.9B

Stockholders' Equity

$3.0B

Cash & Equivalents

$368M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.8B	$1.6B	+7.4%
Gross Profit	$496M	$435M	+14.0%
Operating Income	$107M	$59M	+81.4%
Net Income	$48M	$30M	+60.0%

Revenue Segments

Safety Services

$1.2B34%

Life Safety

$1.1B31%

Specialty Services

$555M16%

Infrastructure Utility

$307M9%

Specialty Contracting

$190M5%

Heating Ventilation And Air Conditioning

$127M4%

Fabrication

$58M2%

Geographic Segments

Americas

$1.1B63%

Other Countries

$498M28%

FRANCE

$150M8%