Discontinued — last reported Q3 '24
Business Segments · Amortization
Specialty Services — Amortization
APi Group Specialty Services — Amortization remained flat by 0.0% to $13M in Q3 2024 compared to the prior quarter. Year-over-year, this metric was flat by 0.0%, from $13M to $13M. Over 2 years (FY 2021 to FY 2023), Specialty Services — Amortization shows a downward trend with a -5.4% CAGR.
Analysis
StatementSegment
CategoryProfitability
SignalContext dependent
VolatilityStable
First reportedQ1 2018
Last reportedQ3 2024Oct 31, 2024
Rolls up toAdjustment for Amortization
How to read this metric
High levels often correlate with recent acquisition activity, as purchase price allocations are amortized over time.
Detailed definition
The systematic allocation of the cost of intangible assets, such as customer relationships or patents, over their estima...
Peer comparison
Standard accounting practice for companies with significant intangible asset bases from acquisitions.
Metric ID:
apg_segment_specialty_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 | $14M | $14M | $14M | $14M | $15M | $14M | $13M | $13M | $13M | $13M | $12M | $13M | $13M | $13M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +7.1% | -6.7% | -7.1% | +0.0% | +0.0% | +0.0% | -7.7% | +8.3% | +0.0% | +0.0% |
| YoY Change | — | — | — | — | +7.1% | +0.0% | -7.1% | -7.1% | -13.3% | -7.1% | -7.7% | +0.0% | +0.0% | +0.0% |
Range$12M – $15M
CAGR-2.3%
Avg YoY Growth-3.5%
Median YoY Growth-3.6%
Current Streak3 quarters growth
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Frequently Asked Questions
- What is APi Group's specialty services — amortization?
- APi Group (APG) reported specialty services — amortization of $13M in Q3 2024.
- How has APi Group's specialty services — amortization changed year-over-year?
- APi Group's specialty services — amortization decreased by 0.0% year-over-year, from $13M to $13M.
- What is the long-term trend for APi Group's specialty services — amortization?
- Over 2 years (2021 to 2023), APi Group's specialty services — amortization has grown at a -5.4% compound annual growth rate (CAGR), from $57M to $51M.
- What does specialty services — amortization mean?
- The non-cash expense representing the gradual write-down of the value of intangible assets.