APG · APi Group Corp
Income-statement, balance-sheet and cash-flow figures extracted from the company's SEC filings — 10-K annual and 10-Q quarterly reports — and standardised for comparison across periods.
Chart any reported metric, KPI or segment over time — the full statement history lives here
| Line Item | FY2026 (G) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|---|---|
| $8.48B – $8.68B | $8.17B | $7.91B | $7.02B | $6.93B | $6.56B | $3.94B | $3.59B | $985M | $3.73B | |
| — | $5.61B | $5.42B | $4.84B | $4.99B | $4.84B | $3B | $2.83B | $787M | $2.94B | |
| — | $2.57B | $2.49B | $2.18B | $1.94B | $1.71B | $939M | $756M | $198M | $787M | |
| — | — | 31.44% | 31.03% | 28% | 26.14% | 23.83% | 21.08% | 20.1% | 21.11% | |
| — | $1.99B | $1.93B | $1.69B | $1.58B | $1.55B | $803M | $725M | $359M | $625M | |
| — | $245M | $242M | $222M | $224M | $227M | $127M | $182M | $51M | $49M | |
| — | — | — | $12M | $37M | $22M | $0 | — | — | — | |
| — | $573M | $554M | $484M | $359M | $162M | $136M | -$166M | -$161M | $162M | |
| — | — | 7% | 6.9% | 5.18% | 2.47% | 3.45% | -4.63% | -16.35% | 4.35% | |
| — | — | — | — | $145M | $125M | $60M | $52M | $15M | $22M | |
| — | -$135M | -$141M | -$154M | -$127M | -$69M | -$57M | -$18M | $10M | -$16M | |
| — | — | $413M | $330M | $232M | $93M | $79M | -$184M | -$151M | — | |
| — | $438M | $413M | $330M | $232M | $93M | $79M | -$184M | -$151M | $146M | |
| — | $114M | $111M | $80M | $79M | $20M | $32M | -$31M | $2M | $10M | |
| — | $324M | $302M | $250M | $153M | $73M | $47M | -$153M | -$153M | $136M | |
| — | — | 3.82% | 3.56% | 2.21% | 1.11% | 1.19% | -4.27% | -15.53% | 3.65% | |
| — | -$268M | -$288M | -$224M | -$161M | $29M | -$137M | -$375M | -$153M | $136M | |
| — | $447M | $464M | $187M | -$54M | -$194M | $61M | -$170M | -$150M | $125M | |
| USD/shares | — | — | -$0.69 | -$0.56 | -$0.46 | $0.07 | -$0.45 | -$1.47 | -$0.77 | — |
| USD/shares | — | — | -$0.69 | -$0.56 | -$0.46 | $0.07 | -$0.45 | -$1.47 | -$0.77 | — |
| shares | — | — | 415.71M | 401.51M | 352.71M | 349.8M | 309M | 253.5M | 199.5M | — |
| shares | — | — | 415.71M | 401.51M | 352.71M | 399.12M | 309M | 253.5M | 199.5M | — |
Capital Returned to Shareholders
Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2020–FY2025: $190M in buybacks.
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.
Valuation
Peer medians compare against the 23 similar-size Engineering & Construction companies (of 39 listed).
Valuation over time computed as of each quarter's filing date
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Segment (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Safety Services | $5,456,000,000 | $4,797,000,000 | $4,425,000,000 | $4,575,000,000 | $2,080,000,000 | $1,639,000,000 | $435,000,000 |
| Specialty Services | $2,460,000,000 | $2,229,000,000 | $2,518,000,000 | $2,030,000,000 | $1,907,000,000 | $1,960,000,000 | $386,000,000 |
| Civil | — | — | — | — | $72,000,000 | $67,000,000 | $21,000,000 |
| Corporate and Eliminations | — | — | — | -$47,000,000 | -$47,000,000 | -$12,000,000 | -$3,000,000 |
| Fabrication | — | — | — | $253,000,000 | $244,000,000 | $178,000,000 | $38,000,000 |
| Heating Ventilation and Air Conditioning | — | — | — | $550,000,000 | $434,000,000 | $322,000,000 | $95,000,000 |
| Infrastructure Utility | — | — | — | $1,154,000,000 | $1,057,000,000 | $1,370,000,000 | $225,000,000 |
| Inspection | — | — | — | — | — | $87,000,000 | $46,000,000 |
| Life Safety | — | — | — | $4,025,000,000 | $1,647,000,000 | $1,317,000,000 | $340,000,000 |
| Specialty Contracting | — | — | — | $623,000,000 | $605,000,000 | $412,000,000 | $123,000,000 |
| Transmission | — | — | — | — | $205,000,000 | $409,000,000 | $100,000,000 |
By Geography (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Americas | $5,180,000,000 | $4,383,000,000 | $4,338,000,000 | $4,062,000,000 | $3,549,000,000 | $3,349,000,000 | $921,000,000 |
| Other Countries | $2,040,000,000 | $1,998,000,000 | $1,983,000,000 | $1,932,000,000 | $391,000,000 | $238,000,000 | — |
| France | $691,000,000 | $637,000,000 | $607,000,000 | $564,000,000 | $0 | — | — |
| Canada and Europe | — | — | — | — | — | — | $64,000,000 |
By Product & Service (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Life Safety | $5,456,000,000 | $4,797,000,000 | $4,425,000,000 | $4,077,000,000 | $1,698,000,000 | — | — |
| Specialty Contracting | $1,094,000,000 | $941,000,000 | $1,040,000,000 | $623,000,000 | $605,000,000 | — | — |
| Infrastructure and Utility | $1,024,000,000 | $998,000,000 | $1,216,000,000 | — | — | — | — |
| Fabrication and Distribution | $342,000,000 | $290,000,000 | $262,000,000 | — | — | — | — |
| Corporate and Elimination | — | $7,018,000,000 | $6,928,000,000 | $6,558,000,000 | $3,940,000,000 | -$12,000,000 | -$3,000,000 |
| Fabrication | — | $230,000,000 | $202,000,000 | $253,000,000 | $244,000,000 | — | — |
| Heating Ventilation and Air Conditioning | — | $485,000,000 | $507,000,000 | $498,000,000 | $382,000,000 | — | — |
| Industrial Services | — | — | — | — | $277,000,000 | — | $167,000,000 |
| Infrastructure Utility | — | $997,000,000 | $1,224,000,000 | $1,154,000,000 | $1,058,000,000 | — | — |
| Safety Services | — | — | — | $4,575,000,000 | $2,081,000,000 | $1,639,000,000 | $435,000,000 |
| Specialty Services | — | — | — | $2,030,000,000 | $1,906,000,000 | $1,960,000,000 | $386,000,000 |
Segment Operating Income
Annual operating income by business segment, as tagged in the company's own XBRL filings. Segments need not sum to the consolidated figure — corporate costs and eliminations are typically unallocated.
By Segment (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Safety Services | $916,000,000 | $765,000,000 | $625,000,000 | $559,000,000 | $207,000,000 | $8,000,000 | $34,000,000 |
| Specialty Services | $264,000,000 | $253,000,000 | $278,000,000 | $210,000,000 | $78,000,000 | -$56,000,000 | $19,000,000 |
| Corporate and Eliminations | — | — | — | -$191,000,000 | -$149,000,000 | -$118,000,000 | -$209,000,000 |
| Industrial Services | — | — | — | — | -$24,000,000 | — | -$5,000,000 |
Operating Margin by Segment (%)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Safety Services | 16.8% | 15.9% | 14.1% | 12.2% | 10% | 0.5% | 7.8% |
| Specialty Services | 10.7% | 11.4% | 11% | 10.3% | 4.1% | -2.9% | 4.9% |