📊 APG Key Takeaways
Is APi Group Corp (APG) a Good Investment?
APi Group demonstrates solid operational fundamentals with strong revenue growth of 12.7% YoY and robust free cash flow generation of $663M, supported by healthy liquidity and manageable leverage. However, profitability metrics are modest with net margins at 3.8% and ROE at 8.9%, suggesting the business operates in a capital-intensive, competitive industry with limited pricing power, which warrants a measured approach.
APi Group shows improving fundamental quality, with double-digit revenue growth, a sharp rebound in net income, and strong free cash flow generation. Liquidity is solid and leverage appears manageable, but margins remain moderate and the negative diluted EPS despite positive net income suggests either dilution effects or a reporting/data issue worth monitoring.
Why Buy APi Group Corp Stock? APG Key Strengths
- Strong revenue growth of 12.7% YoY indicating solid market demand and business expansion
- Excellent free cash flow generation of $663M with 8.4% FCF margin, demonstrating operational cash generation capability
- Healthy balance sheet with debt-to-equity of 0.81x and strong interest coverage of 16.3x providing financial flexibility
- Solid liquidity with current ratio of 1.50x and $912M in cash, adequate for operational needs and debt service
- Exceptional net income growth of 204.9% YoY suggesting operating leverage and cost management improvements
- Revenue growth of 12.7% with net income up 204.9% YoY indicates improving operating execution
- Strong cash generation with $663M of free cash flow and an 8.4% FCF margin supports balance sheet flexibility
- Healthy financial position with 1.50x current ratio, 0.81x debt-to-equity, and 16.3x interest coverage
APG Stock Risks: APi Group Corp Investment Risks
- Low net profit margin of 3.8% and modest ROE of 8.9% indicate limited earnings power relative to capital deployed
- Operating margin of 7.0% leaves minimal cushion for operational challenges or margin compression in competitive service markets
- Significant long-term debt of $2.8B represents meaningful obligation despite strong coverage, limiting financial flexibility
- Discrepancy between net income growth (+204.9%) and EPS decline (-23.2%) suggests substantial share dilution or non-core gains inflating earnings
- High insider trading activity (19 Form 4 filings in 90 days) warrants monitoring for potential insider concerns
- Net margin remains relatively thin at 3.8%, leaving profitability sensitive to cost inflation or project execution issues
- Long-term debt of $2.76B is still meaningful and could limit flexibility if operating conditions weaken
- Diluted EPS of -0.69 despite positive net income points to potential dilution, preferred share effects, or data-quality/reporting complexity
Key Metrics to Watch
- Operating margin trend - critical indicator of business pricing power and operational efficiency
- Free cash flow sustainability and conversion rate - determines capital allocation capacity
- Debt reduction progress and debt-to-EBITDA ratio - monitors deleveraging trajectory
- Gross margin stability - early warning indicator of competitive or input cost pressures
- Return on Equity trajectory - measures improvement in capital efficiency and profitability
- Operating margin expansion and net margin sustainability
- Free cash flow conversion relative to net income
APi Group Corp (APG) Financial Metrics & Key Ratios
💡 AI Analyst Insight
APi Group Corp presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.
APG Profit Margin, ROE & Profitability Analysis
APG vs Services Sector: How APi Group Corp Compares
How APi Group Corp compares to Services sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is APi Group Corp Stock Overvalued? APG Valuation Analysis 2026
Based on fundamental analysis, APi Group Corp shows some fundamental concerns relative to the Services sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
APi Group Corp Balance Sheet: APG Debt, Cash & Liquidity
APG Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: APi Group Corp's revenue has grown significantly by 101% over the 5-year period, indicating strong business expansion. The most recent EPS of $-0.46 indicates the company is currently unprofitable.
APG Revenue Growth, EPS Growth & YoY Performance
APG Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $1.8B | $35.0M | $0.15 |
| Q2 2025 | $1.7B | $35.0M | $0.15 |
| Q1 2025 | $1.6B | $35.0M | $0.11 |
| Q3 2024 | $1.8B | $26.0M | $0.15 |
| Q2 2024 | $1.7B | $26.0M | $0.12 |
| Q1 2024 | $1.6B | $26.0M | $0.05 |
| Q3 2023 | $1.7B | -$7.0M | $0.06 |
| Q2 2023 | $1.6B | -$7.0M | $0.01 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
APi Group Corp Dividends, Buybacks & Capital Allocation
APG SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for APi Group Corp (CIK: 0001796209)
📋 Recent SEC Filings
❓ Frequently Asked Questions about APG
What is the AI rating for APG?
APi Group Corp (APG) has a Combined AI Rating of BUY from Claude (BUY) and ChatGPT (BUY) with 76% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are APG's key strengths?
Claude: Strong revenue growth of 12.7% YoY indicating solid market demand and business expansion. Excellent free cash flow generation of $663M with 8.4% FCF margin, demonstrating operational cash generation capability. ChatGPT: Revenue growth of 12.7% with net income up 204.9% YoY indicates improving operating execution. Strong cash generation with $663M of free cash flow and an 8.4% FCF margin supports balance sheet flexibility.
What are the risks of investing in APG?
Claude: Low net profit margin of 3.8% and modest ROE of 8.9% indicate limited earnings power relative to capital deployed. Operating margin of 7.0% leaves minimal cushion for operational challenges or margin compression in competitive service markets. ChatGPT: Net margin remains relatively thin at 3.8%, leaving profitability sensitive to cost inflation or project execution issues. Long-term debt of $2.76B is still meaningful and could limit flexibility if operating conditions weaken.
What is APG's revenue and growth?
APi Group Corp reported revenue of $7.9B.
Does APG pay dividends?
APi Group Corp does not currently pay dividends.
Where can I find APG SEC filings?
Official SEC filings for APi Group Corp (CIK: 0001796209) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is APG's EPS?
APi Group Corp has a diluted EPS of $-0.69.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is APG a good stock to buy right now?
Based on our AI fundamental analysis in April 2026, APi Group Corp has a BUY rating with 76% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.
Is APG stock overvalued or undervalued?
Valuation metrics for APG: ROE of 8.9% (sector avg: 16%), net margin of 3.8% (sector avg: 10%). Compare these metrics with sector averages to assess valuation.
Should I buy APG stock in 2026?
Our dual AI analysis gives APi Group Corp a combined BUY rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is APG's free cash flow?
APi Group Corp's operating cash flow is $759.0M, with capital expenditures of $96.0M. FCF margin is 8.4%.
How does APG compare to other Services stocks?
Vs Services sector averages: Net margin 3.8% (avg: 10%), ROE 8.9% (avg: 16%), current ratio 1.50 (avg: 1.5).