What is APi Group's market cap?

APi Group (APG) has a market capitalization of $18.0B and trades on NYSE.

What is APi Group's revenue and profitability?

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.

Who are APi Group's competitors?

APi Group's key competitors include Comfort Systems USA, EMCOR Group, Johnson Controls International, and others. These companies compete in similar markets and product categories.

What subsidiaries does APi Group have?

APi Group's subsidiaries include Chubb Fire & Security.

Where is APi Group headquartered?

APi Group is headquartered in United States of America and employs approximately 29,000 people. It has been publicly traded since 2017.

APi Group

APG

APi Group is a global provider of safety and specialty services, specializing in fire protection, security, and infrastructure solutions.

Market cap

$17.97B+26.0%

Revenue$8.2B+14.5%

Net income$324.0M+35.0%

Free cash flow$680.0M+13.1%

EPS (diluted)-$0.64-313%

Trailing twelve months · change vs. prior year

Table of contents

Earnings

Q1 2026 report

April 30, 2026

Revenue$2.0BBeat by $59.4M EPS$0.32Beat by $0.02

Read the full report

Next report

Jul 30, 2026 (In 2 weeks)

Revenue estimate$2.2B

EPS estimate$0.44

Financials

Q1 2026

Income statement

See full

Revenue$2.0B+15.3%

Gross profit$620.0M+14.4%

Operating income$103.0M+22.6%

Net income$57.0M+62.9%

EPS (diluted)$0.12+71.4%

Balance sheet

See full

Cash & equivalents$645.0M+39.9%

Total debt$2.8B+0.2%

Total equity$3.5B+16.9%

Total assets$9.0B+10.7%

Cash flow

See full

Operating cash flow$85.0M+37.1%

CapEx$18.0M+50.0%

Free cash flow$67.0M+34.0%

Valuation & ratios

Valuation

See full

Market cap$17.97B+26.0%

Enterprise value$20.08B+21.1%

P/E55.5×-2.0×

P/S2.2×+0.3×

Profitability

See full

Gross margin31.4%+0.2pp

Operating margin7%+0.5pp

Net margin4%+0.6pp

FCF margin8.3%-0.1pp

Returns & leverage

See full

Return on equity10%+0.9pp

Debt / equity0.8×-0.1×

Current ratio1.4×0.0×

Segments

By product

See full

Corporate and Elimination$2.0B+15.3%

Life Safety$1.4B+11.7%

Specialty Contracting$269.0M+35.9%

Infrastructure and Utility$218.0M—

Fabrication and Distribution$82.0M+17.1%

By segment

See full

Safety Services$1.4B+11.7%

Specialty Services$569.0M+25.6%

By geography

See full

United States$1.3B+19.6%

Other$511.0M+6.7%

Competitors

By market cap

Johnson Controls International$85.6B+21.8%

Comfort Systems USA$59.3B+211%

Carrier Global$55.4B-14.5%

EMCOR Group$34.2B+39.5%

APi Group$18.0B+26.0%

MSA

Mine Safety Appliances Company$6.5B-6.5%

ESO

Energy Services of America$312.4M+78.8%

Universal Security Instruments$11.8M+53.8%

By revenue growth

Comfort Systems USA+32.6%

ESO

Energy Services of America+19.9%

EMCOR Group+18.3%

APi Group+14.5%

MSA

Mine Safety Appliances Company+5.6%

Johnson Controls International+5.1%

Carrier Global-1.9%

By net margin

MSA

Mine Safety Appliances Company15.16%-0.6pp

Johnson Controls International14.45%+3.7pp

Comfort Systems USA10.06%+4.7pp

EMCOR Group7.54%+0.5pp

Carrier Global5.99%-19.8pp

APi Group3.96%+0.6pp

ESO

Energy Services of America1.9%—

Profile

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.

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.

GeographiesNorth America, Europe, Asia-Pacific

Customer segmentsEnterprise, Government, Industrial, Healthcare

Business modelContracted services, Recurring service revenue, Inspection-based maintenance, Acquisition-led growth

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

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

CountryUnited States of America

Listed2017

Employees29.0K

CEORussell A. Becker

SectorIndustrials

IndustryEngineering & Construction

Websiteapigroupinc.com

FilingsSEC EDGAR

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Questions, answered.

What is APi Group's market cap?: APi Group (APG) has a market capitalization of $18.0B and trades on NYSE.
What is APi Group's revenue and profitability?: 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.
Who are APi Group's competitors?: APi Group's key competitors include Comfort Systems USA, EMCOR Group, Johnson Controls International, and others. These companies compete in similar markets and product categories.
What subsidiaries does APi Group have?: APi Group's subsidiaries include Chubb Fire & Security.
Where is APi Group headquartered?: APi Group is headquartered in United States of America and employs approximately 29,000 people. It has been publicly traded since 2017.