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Operating and finance leases

APi Group Operating and finance leases decreased by 0.9% to $213M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 10.9%, from $192M to $213M. Over 5 years (FY 2020 to FY 2025), Operating and finance leases shows an upward trend with a 17.5% CAGR.

Analysis

StatementBalance Sheet Statement
SectionOther
CategoryLeverage
SignalContext dependent
VolatilityStable
First reportedQ4 2019
Last reportedQ1 2026Apr 30, 2026

How to read this metric

An increase reflects expansion of the asset base through leasing rather than purchasing, while a decrease indicates lease expirations or shifts to ownership.

Detailed definition

Represents the long-term portion of lease obligations for operating and finance leases, excluding the current portion du...

Peer comparison

Standardized across industries under current lease accounting standards; peers show similar trends based on their real estate and fleet strategies.

Metric ID: other_operating_and_finance_leases_liability_non_current

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$81M$79M$79M$189M$172M$158M$166M$155M$168M$170M$172M$173M$185M$193M$192M$192M$208M$200M$215M$213M
QoQ Change-2.5%+0.0%+139.2%-9.0%-8.1%+5.1%-6.6%+8.4%+1.2%+1.2%+0.6%+6.9%+4.3%-0.5%+0.0%+8.3%-3.8%+7.5%-0.9%
YoY Change+112.3%+100.0%+110.1%-18.0%-2.3%+7.6%+3.6%+11.6%+10.1%+13.5%+11.6%+11.0%+12.4%+3.6%+12.0%+10.9%
Range$79M$215M
CAGR+22.6%
Avg YoY Growth+25.6%
Median YoY Growth+11.3%

Frequently Asked Questions

What is APi Group's operating and finance leases?
APi Group (APG) reported operating and finance leases of $213M in Q1 2026.
How has APi Group's operating and finance leases changed year-over-year?
APi Group's operating and finance leases increased by 10.9% year-over-year, from $192M to $213M.
What is the long-term trend for APi Group's operating and finance leases?
Over 5 years (2020 to 2025), APi Group's operating and finance leases has grown at a 17.5% compound annual growth rate (CAGR), from $96M to $215M.
What does operating and finance leases mean?
The long-term portion of the company's total lease obligations for assets like buildings and equipment.