APG Q2 2024 Earnings — APi Group Corporation Revenue & Financial Results | Market Cap Arena

APGAPi Group Corporation

$18B

Q2 2024 Earnings

Industrials Engineering & Construction

Income Statement

Revenue

$1.7B-2.3% YoY

Gross Profit

$544M31.4% margin

Operating Income

$126M7.3% margin

Net Income

$69M4.0% margin

EPS (Diluted)

$0.15

QoQ Revenue Growth

+8.1%

Cash Flow

Operating Cash Flow

$110M

Free Cash Flow

$88M

Stock-Based Comp.

$9M

Balance Sheet

Total Assets

$8.0B

Total Liabilities

$5.1B

Stockholders' Equity

$2.8B

Cash & Equivalents

$324M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.7B	$1.8B	-2.3%
Gross Profit	$544M	$496M	+9.7%
Operating Income	$126M	$107M	+17.8%
Net Income	$69M	$48M	+43.8%

Revenue Segments

Life Safety

$1.2B67%

Infrastructure Utility

$246M14%

Specialty Contracting

$160M9%

Heating Ventilation And Air Conditioning

$115M7%

Fabrication

$47M3%

Geographic Segments

Americas

$1.1B62%

Other Countries

$499M29%

FRANCE

$157M9%