APG
APi Group Corporation
APG lost money over the past year, so it has no meaningful PE right now. Analysts expect earnings to recover and profitability to improve.
APG Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Healthy | |
| Under pressure |
APG's revenue, profitability and cash flow are currently healthy, but its balance sheet is under pressure.
APG PE Valuation
APG has no meaningful PE right now: it lost money over the past year.
APG Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Growth | |
| Improving | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for APG, with profitability improving.
APG Earnings Per Share
APG has returned to profit: it earned $0.25 per share over the past year, after losing money the year before.
APG Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $2.6B | +22% |
| Q2 2026 | $2.3B | +13% |
| Q1 2026 | $2B | +15% |
| Q4 2025 | $2.1B | +14% |
| Q3 2025 | $2.1B | +14% |
| Q2 2025 | $2B | +15% |
| Q1 2025 | $1.7B | +7.4% |
| Q4 2024 | $1.9B | +5.8% |
APG's revenue has grown year over year for nine quarters in a row: $2.6B last quarter, up 22% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 7.9% | +0.1 points |
| Q2 2026 | 7.8% | +0.6 points |
| Q1 2026 | 5.2% | +0.3 points |
| Q4 2025 | 7.8% | +1.5 points |
| Q3 2025 | 7.8% | 0 points |
| Q2 2025 | 7.2% | -0.1 points |
| Q1 2025 | 4.9% | -1.4 points |
| Q4 2024 | 6.2% | +2 points |
APG's operating margin was 7.9% last quarter, about level with the same quarter a year ago, near the top of its range since 2019.
APG Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $198M | -1.5% |
| Q2 2026 | $52M | -7.1% |
| Q1 2026 | $67M | +34% |
| Q4 2025 | $356M | +34% |
| Q3 2025 | $201M | +1.5% |
| Q2 2025 | $56M | -36% |
| Q1 2025 | $50M | +$65M |
| Q4 2024 | $265M | -3.6% |
APG generated $673M in free cash flow over the past year, up 18% from the year before.
APG Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.2% | -5.1M shares |
| 1 year | +0.6% | +2.4M shares |
| 3 years | +6.6% | +26.8M shares |
| 5 years | +37% | +118M shares |
| Available history | +225% | +299M shares |
APG has 432M diluted shares, up 0.6% from a year ago, despite $252M in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | $186M |
| Q2 2026 | $66M |
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | $75M |
| Q4 2024 | — |
APG spent $252M buying back its own shares over the past year, about three times what it spent the year before.
APG Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 3.2x | Elevated |
| Q2 2026 | 2.8x | Moderate |
| Q1 2026 | 2.3x | Moderate |
| Q4 2025 | 2.1x | Moderate |
| Q3 2025 | 2.7x | Moderate |
| Q2 2025 | 2.9x | Moderate |
| Q1 2025 | 2.9x | Moderate |
| Q4 2024 | 2.9x | Moderate |
APG's net debt is about 3.2 years of its operating earnings (EBITDA), up from 2.7 years a year ago.
APG Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 56.1 | Neutral |
| Stochastic | 68.5 | Neutral |
APG's weekly RSI is 56 (neutral) and its Stochastic is 69 (neutral).
APG PE vs Industrials Sector
| Metric | APG | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 24x | — |
APG has no meaningful PE right now: it lost money over the past year.
APG Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $40.9 | 6.2% above |
| 20 week MA | $40.6 | 7.1% above |
| 50 week MA | $41.6 | 4.5% above |
| 100 week MA | $36.1 | 21% above |
| 200 week MA | $28.3 | 54% above |
APG is in an uptrend: it's above all five of its weekly moving averages, and 54% above its 200-week average.
APG Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $6.60 | $12.0 | +81% |
| 2021 | $12.0 | $16.7 | +39% |
| 2022 | $16.7 | $12.4 | -26% |
| 2023 | $12.4 | $23.1 | +86% |
| 2024 | $23.1 | $24.0 | +4% |
| 2025 | $24.0 | $39.6 | +65% |
| 2026 YTD | $39.6 | $43.5 | +9.9% |
APG has finished higher in five of the last six years, three of them by more than 50%. It's up 9.9% so far in 2026.