Discontinued — last reported Q4 '24

Products & Services · Net revenues

HVAC — Net revenues

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.

Analysis

StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ1 2021
Last reportedQ4 2024Feb 26, 2025
Rolls up toTotal Revenue

How to read this metric

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.

Detailed definition

This metric represents the total gross revenue generated from the design, installation, inspection, and maintenance of h...

Peer comparison

Comparable to revenue figures reported by other building services or mechanical contracting firms, often benchmarked against regional construction activity and facility management spending trends.

Metric ID: apg_segment_hvac_net_revenues

Historical Data

15 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '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%
Range$95.50M$133.00M
CAGR+8.5%
Avg YoY Growth+7.3%
Median YoY Growth+2.0%

Frequently Asked Questions

What is APi Group's hvac — net revenues?
APi Group (APG) reported hvac — net revenues of $127.00M in Q4 2024.
How has APi Group's hvac — net revenues changed year-over-year?
APi Group's hvac — net revenues increased by 2.4% year-over-year, from $124.00M to $127.00M.
What is the long-term trend for APi Group's hvac — net revenues?
Over 3 years (2021 to 2024), APi Group's hvac — net revenues has grown at a 8.3% compound annual growth rate (CAGR), from $382.00M to $485.00M.
What does hvac — net revenues mean?
The total sales generated from providing heating, ventilation, and air conditioning services to customers.