Discontinued — last reported Q3 '23
Heating, Ventilation, and Air Conditioning ("HVAC") — Net revenues
APi Group Heating, Ventilation, and Air Conditioning ("HVAC") — Net revenues increased by 4.7% to $133.00M in Q3 2023 compared to the prior quarter. Year-over-year, this metric was flat by 0.0%, from $133.00M to $133.00M. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase indicates growing demand for climate control infrastructure and successful service contract renewals, while a decrease may signal market saturation, reduced capital expenditure by clients, or increased competitive pressure.
Detailed definition
This metric represents the total net revenue generated from the design, installation, inspection, and maintenance of hea...
Peer comparison
Comparable to HVAC service revenue segments in diversified building services or mechanical contracting firms, often benchmarked against regional construction activity and facility management spending trends.
apg_segment_heating_ventilation_and_air_conditioning_hvac_net_revenuesHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Value | $109.00M | $103.00M | $124.00M | $111.00M | $127.00M | $133.00M | $179.00M | $123.00M | $127.00M | $133.00M |
| QoQ Change | — | -5.5% | +20.4% | -10.5% | +14.4% | +4.7% | +34.6% | -31.3% | +3.3% | +4.7% |
| YoY Change | — | — | — | — | +16.5% | +29.1% | +44.4% | +10.8% | +0.0% | +0.0% |
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Frequently Asked Questions
- What is APi Group's heating, ventilation, and air conditioning ("hvac") — net revenues?
- APi Group (APG) reported heating, ventilation, and air conditioning ("hvac") — net revenues of $133.00M in Q3 2023.
- How has APi Group's heating, ventilation, and air conditioning ("hvac") — net revenues changed year-over-year?
- APi Group's heating, ventilation, and air conditioning ("hvac") — net revenues decreased by 0.0% year-over-year, from $133.00M to $133.00M.
- What does heating, ventilation, and air conditioning ("hvac") — net revenues mean?
- The total revenue earned from providing HVAC system installation, maintenance, and inspection services.