Discontinued — last reported Q4 '24
APi Group HVAC — Net revenues decreased by 3.8% to $127.00M in Q4 2024 compared to the prior quarter. Year-over-year, this metric grew by 2.4%, from $124.00M to $127.00M. Over 3 years (FY 2021 to FY 2024), HVAC — Net revenues shows an upward trend with a 8.3% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
An increase indicates growing demand for HVAC services or successful expansion of the service footprint, while a decrease may signal market saturation, loss of contracts, or reduced capital expenditure by clients in the building sector.
This metric represents the total gross revenue generated from the design, installation, inspection, and maintenance of h...
Comparable to revenue figures reported by other building services or mechanical contracting firms, often benchmarked against regional construction activity and facility management spending trends.
apg_segment_hvac_net_revenues| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $95.50M | $95.50M | $95.50M | $124.50M | $124.50M | $124.50M | $124.50M | $123.00M | $127.00M | $133.00M | $124.00M | $111.00M | $115.00M | $132.00M | $127.00M |
| QoQ Change | — | +0.0% | +0.0% | +30.4% | +0.0% | +0.0% | +0.0% | -1.2% | +3.3% | +4.7% | -6.8% | -10.5% | +3.6% | +14.8% | -3.8% |
| YoY Change | — | — | — | — | +30.4% | +30.4% | +30.4% | -1.2% | +2.0% | +6.8% | -0.4% | -9.8% | -9.4% | -0.8% | +2.4% |