Discontinued — last reported Q3 '24
Business Segments · Amortization
Safety Services — Amortization
APi Group Safety Services — Amortization remained flat by 0.0% to $42M in Q3 2024 compared to the prior quarter. Year-over-year, this metric was flat by 0.0%, from $42M to $42M. Over 2 years (FY 2021 to FY 2023), Safety Services — Amortization shows an upward trend with a 60.0% CAGR.
Analysis
StatementSegment
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ1 2018
Last reportedQ3 2024Oct 31, 2024
Rolls up toAdjustment for Amortization
How to read this metric
High amortization levels often correlate with high levels of historical M&A activity within the segment.
Detailed definition
The systematic allocation of the cost of intangible assets, such as customer relationships, patents, or trademarks, over...
Peer comparison
Standard non-cash expense metric for companies with significant acquisition-related intangible assets.
Metric ID:
apg_segment_safety_services_amortizationHistorical Data
14 periods
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $18M | $16M | $17M | $42M | $41M | $37M | $47M | $41M | $42M | $42M | $44M | $36M | $42M | $42M |
| QoQ Change | — | -11.1% | +6.3% | +147.1% | -2.4% | -9.8% | +27.0% | -12.8% | +2.4% | +0.0% | +4.8% | -18.2% | +16.7% | +0.0% |
| YoY Change | — | — | — | — | +127.8% | +131.3% | +176.5% | -2.4% | +2.4% | +13.5% | -6.4% | -12.2% | +0.0% | +0.0% |
Range$16M – $47M
CAGR+29.8%
Avg YoY Growth+43.0%
Median YoY Growth+1.2%
Current Streak2 quarters growth
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Frequently Asked Questions
- What is APi Group's safety services — amortization?
- APi Group (APG) reported safety services — amortization of $42M in Q3 2024.
- How has APi Group's safety services — amortization changed year-over-year?
- APi Group's safety services — amortization decreased by 0.0% year-over-year, from $42M to $42M.
- What is the long-term trend for APi Group's safety services — amortization?
- Over 2 years (2021 to 2023), APi Group's safety services — amortization has grown at a 60.0% compound annual growth rate (CAGR), from $66M to $169M.
- What does safety services — amortization mean?
- The non-cash expense of spreading the cost of intangible assets over time.