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APi Group

APGNYSEStock Fundamentals

APi Group is a global provider of safety and specialty services, specializing in fire protection, security, and infrastructure solutions. The company leverages a decentralized operating model and an inspection-first strategy to deliver statutorily mandated services that generate a substantial recurring revenue base. With over 500 locations worldwide, the firm focuses on long-term customer relationships across diverse end markets including healthcare, high-tech, and critical infrastructure.

Market Cap$17.8B
Revenue TTM$8.2B
Net Income TTM$324.0M
P/E Ratio54.82
Net Margin3.96%
EPS TTM$-0.64
Free Cash Flow TTM$680.0M
Employees29.0K
CEORussell A. Becker
United States of America flag
CountryUnited States of America
Industrials
Engineering & Construction
SegmentsEngineering & Construction, Commercial Services, Safety & Security
Business ModelsContracted services, Recurring service revenue, Inspection-based maintenance, Acquisition-led growth
Most Recent EarningsApr 30, 2026 · 1 month 13 days agoQ1 2026
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Next EarningsJul 30, 2026 · in 2 monthsBefore Market Open · Q2 2026

Financials

Based on Q1 2026 filing

Gross Margin31.38%
Op. Margin7.01%
ROE10.02%
D/E79.17%
Current Ratio1.44
Total Debt$2.8B
Cash$645.0M
CapEx TTM$102.0M

Gross Profit

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Net Income

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Operating Cash Flow

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Free Cash Flow

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EPS (Diluted)

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Business Segments

Safety Services

primary

Provides comprehensive life safety solutions including the design, installation, and monitoring of fire protection and electronic security systems. This segment focuses on high-margin, recurring inspection and maintenance services driven by regulatory requirements.

Products

Fire protection solutions, Electronic security systems, Elevator and escalator services, System monitoring, Inspection and repair services

Customers

Healthcare facilities, Advanced manufacturing, Fulfillment and distribution centers, High tech services, Critical infrastructure

Specialty Services

major

Delivers specialized contracting, fabrication, and infrastructure services across North America. This segment supports critical utility and industrial infrastructure through technical expertise and distribution capabilities.

Products

Specialty contracting, Fabrication and distribution, Infrastructure services, Utility services

Customers

High tech services, Healthcare, Critical infrastructure, Municipalities

Segment Financials

Safety Services — Net revenues

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Life Safety — Net revenues

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Safety Services — Segment operating expenses

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Specialty Services — Net revenues

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Specialty Services — Cost of revenues

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Specialty Services — Acquisitions

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Business Overview

Competitive Position

A market-leading provider with a highly fragmented competitive landscape, differentiated by a decentralized model and a massive global footprint of over 500 locations.

Geographies

North America, Europe, Asia-Pacific

Customer Segments

Enterprise, Government, Industrial, Healthcare

Upstream Dependencies

Fire suppression equipment manufacturers, Electronic component suppliers, Raw material providers for fabrication, Skilled labor force

Downstream Customers

Commercial building owners, Industrial facility operators, Public infrastructure agencies, Data center operators

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APi Group FAQ

Common questions about APi Group

APi Group is a global provider of safety and specialty services, specializing in fire protection, security, and infrastructure solutions. The company leverages a decentralized operating model and an inspection-first strategy to deliver statutorily mandated services that generate a substantial recurring revenue base. With over 500 locations worldwide, the firm focuses on long-term customer relationships across diverse end markets including healthcare, high-tech, and critical infrastructure.

APi Group (APG) has a market capitalization of $17.8B and trades on NYSE.

APi Group generated $8.2B in trailing twelve-month revenue with net income of $324.0M, representing a net margin of 4.0%. Gross margin stands at 31.4%, with free cash flow of $680.0M. These figures are based on the Q1 2026 filing.

APi Group's key competitors include EMCOR Group, Comfort Systems USA, Carrier Global Corporation, and others. These companies compete in similar markets and product categories.

APi Group has approximately 29,000 employees.