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APGAPi Group Corporation
$39.93$17.3B
Overview & Verdict
Overview
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice HistoryTechnical Analysis
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Ownership
Holders
APG logo

APi Group Corporation

APG
NYSE · Engineering & Construction
$39.93
At close - Jul 28, 4:00 PM EDT - USD
Market Cap$17.27B
P/E-57.9x
52W High$49.99
Volume1.74M
VCP VERDICT

Inorganic Growth Strategy Masks Operational Margin Volatility

APi Group continues to prioritize an aggressive buy-and-build strategy, evidenced by a $3.3 billion goodwill balance that underscores the company's reliance on successful M&A integ...

GrowthAccelerating
ProfitabilityModerate
ValuationFair
TechnicalsWeak
How this verdict is calculated

APG Price & Volume

Loading chart...

What matters now

01

Earnings momentum

EPS beat 10 of last 12 quarters

02

Valuation risk

P/E is 232% below its peer median

03

Market leadership

Laggard (Underperforming 57% of market)

04

Weak Trend

Price < 200DMA

Next catalyst

Estimated earnings - Jul 30

Performance Overview

Price History →

Trailing total returns as of 7/28/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
APG+1.54%
S&P 500 (^GSPC)+8.16%
1-Year Return
APG+14.07%
S&P 500 (^GSPC)+15.98%
3-Year Return
APG+110.59%
S&P 500 (^GSPC)+36.37%
5-Year Return
APG+191.81%
S&P 500 (^GSPC)+67.35%

The investment case

Stock Analysis

Fundamental acceleration

Revenue growth has accelerated to 15.3% in 2026Q1, yet gross margins remain constrained within a narrow 28.1% to 31.4% range, suggesting limited pricing power in its industrial contracting segments.

Ratings consensus

Buyfrom 8 analysts
8 Buy 0 Hold 0 Sell

Key risk factor

General market volatility

Bull case

  • High-margin recurring Safety Services
  • Strategic M&A expansion
  • Inspection-led recurring model

Bear case

    Valuation

    Valuation Analysis
    P/E-57.9x
    Forward P/E23.4x
    EV/EBITDA22.3x
    FCF Yield3.8%

    Valuation vs 5-year history

    Metric
    Current
    5Y Median
    Percentile
    P/E
    -57.9x
    172.5x
    0th
    EV/EBITDA
    22.3x
    15.9x
    100th
    Price/FCF
    26.1x
    24.0x
    60th
    Current
    Median

    Intrinsic value scenarios

    Based on DCF analysis

    Bear$9.30-76.7%
    Base$22.18-43.9%
    Bull$29.26-26.7%
    Current price: $39.93
    43.9% below base value
    DCF Valuation Model →

    Growth & profitability

    Annual revenue & EPS trend
    Revenue
    $7.91B+12.7% YoY
    Net income
    $302M+20.8% YoY
    Free cash flow
    $663M+23.7% YoY
    Operating margin
    7%+0.1 pts YoY
    ROIC (TTM)7.4%
    Avg ROIC 5Y-
    ROE (TTM)9.5%
    Piotroski Score8 / 9
    Financial Statements →

    APG Recent Earnings

    APi Group Corporation (APG) EPS & revenue vs analyst estimates — last 4 quarters

    Earnings History →
    ●Beat EPS 10/12 qtrs (83%)●Beat Revenue 7/12 qtrs (58%)
    Q2 2026Latest
    Apr 30, 2026
    Metric
    Actual
    Est
    EPS
    $0.32+5.1%
    $0.30
    Rev
    $2.0B+3.1%
    $1.9B
    Q1 2026
    Feb 25, 2026
    Metric
    Actual
    Est
    EPS
    $0.44+6.5%
    $0.41
    Rev
    $2.1B+1.2%
    $2.1B
    Q4 2025
    Oct 30, 2025
    Metric
    Actual
    Est
    EPS
    $0.41+5.1%
    $0.39
    Rev
    $2.1B-0.4%
    $2.1B
    Q3 2025
    Jul 31, 2025
    Metric
    Actual
    Est
    EPS
    $0.39+5.4%
    $0.37
    Rev
    $2.0B+0.2%
    $2.0B
    QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
    Q2 2026LatestApr 30, 2026
    $0.32vs $0.30+5.1%
    $2.0Bvs $1.9B+3.1%
    Q1 2026Feb 25, 2026
    $0.44vs $0.41+6.5%
    $2.1Bvs $2.1B+1.2%
    Q4 2025Oct 30, 2025
    $0.41vs $0.39+5.1%
    $2.1Bvs $2.1B-0.4%
    Q3 2025Jul 31, 2025
    $0.39vs $0.37+5.4%
    $2.0Bvs $2.0B+0.2%
    Based on last 12 quarters of data

    Latest APG News

    Recent stock market news and headlines for APi Group Corporation (APG)

    Business Wire·Jul 16, 2026
    APi Group Announces Date of Second Quarter 2026 Earnings Release

    NEW BRIGHTON, Minn.--(BUSINESS WIRE)--APi Group Corporation (NYSE: APG) (“APi”) announced that it will release its second quarter 2026 financial results before the market opens on Thursday, July 30, 2026. Second Quarter Earnings Conference Call: APi will host a webcast and conference call to discuss its financial results at 8:30 a.m. ET on Thursday, July 30, 2026. Participants on the call will include Russell A. Becker, President and Chief Executive Officer, and David Jackola, EVP and Chief Fin.

    GuruFocus·Jul 2, 2026
    APi Group Completes the Acquisition of WTech Fire Group and Updates 2026 Guidance

    APi Group Corporation (NYSE: APG) ("APi" or the "Company") announced that on July 1, 2026, it closed the acquisition of WTech Fire Group ("WTech"), a leading p

    Business Wire·Jul 2, 2026
    APi Group Completes the Acquisition of WTech Fire Group and Updates 2026 Guidance

    NEW BRIGHTON, Minn.--(BUSINESS WIRE)--APi Group Corporation (NYSE: APG) ("APi" or the "Company") announced that on July 1, 2026, it closed the acquisition of WTech Fire Group ("WTech"), a leading provider of fire sprinkler, suppression and detection solutions across Europe. The acquisition, previously announced on April 17, 2026, adds highly complementary fire sprinkler and suppression capabilities to APi's international business. WTech is expected to contribute approximately $175 million in an.

    Seeking Alpha·Jun 24, 2026
    APi Group: Safety Player Continuing To Execute

    APi Group demonstrates strong growth momentum through double-digit organic growth and strategic M&A, notably acquiring Wtech Fire Group and Onyx-Fire Protection Service. APi Group raised full-year sales guidance twice post-acquisitions, now targeting $8.575–$8.775 billion revenue and $1.165–$1.225 billion adjusted EBITDA. Valuation has become more attractive, with shares down from April highs and forward P/E multiples compressing to around 20x on improved earnings outlook.

    Peers Comparison

    Key metrics vs top competitors for APi Group Corporation (APG)

    Full Screener →
    CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
    APG logoAPGAPi Group CorporationCurrent
    $39.93$17.27B-57.8712.72%3.82%9.5%—
    MYRG logoMYRGMYR Group Inc.
    $369.00$5.75B49.008.79%3.71%22.14%—
    PWR logoPWRQuanta Services, Inc.
    $620.28$93.08B91.2219.76%3.72%12.96%—
    MTZ logoMTZMasTec, Inc.
    $336.79$26.55B66.4316.22%3%14.16%—
    WLDN logoWLDNWilldan Group, Inc.
    $71.86$1.09B20.5920.46%8.24%19.38%—
    CTOS logoCTOSCustom Truck One Source, Inc.
    $10.71$2.43B-76.507.86%-0.88%-2.18%—

    Compare APG vs Peers

    APi Group Corporation (APG) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

    Closest Rival

    vs MYRG

    Most directly comparable listed peer for APG.

    Scale Benchmark

    vs VRT

    Larger-name benchmark to compare APG against a more recognizable public peer.

    Peer Set

    Compare Top 5

    vs MYRG, PWR, MTZ, WLDN

    APG SEC Filings & Documents

    APi Group Corporation (APG) SEC filings — annual & quarterly reports (10-K, 10-Q)

    8-K Announcements

    6
    Material company update

    Apr 30, 2026·SEC

    Material company update

    Feb 25, 2026·SEC

    Material company update

    Feb 17, 2026·SEC

    10-K Annual Reports

    2
    FY 2026

    Feb 25, 2026·SEC

    FY 2025

    Feb 26, 2025·SEC

    10-Q Quarterly Reports

    6
    FY 2026

    Apr 30, 2026·SEC

    FY 2025

    Oct 30, 2025·SEC

    FY 2025

    Jul 31, 2025·SEC

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    APG Frequently Asked Questions

    APi Group Corporation (APG) stock FAQ — growth, dividends, profitability & financials explained

    Growth & Financials
    What is APi Group Corporation's revenue?

    APi Group Corporation (APG) reported $8.17B in revenue for fiscal year 2025. This represents a 168% increase from $3.05B in 2017.

    How fast is APi Group Corporation growing?

    APi Group Corporation (APG) grew revenue by 12.7% over the past year. This is steady growth.

    Is APG profitable?

    Yes, APi Group Corporation (APG) is profitable, generating $324.0M in net income for fiscal year 2025 (3.8% net margin).

    Dividend & Returns
    What is APG's return on equity?

    APi Group Corporation (APG) has a return on equity (ROE) of 9.5%. This is below average, suggesting room for improvement.

    What is APi Group Corporation's free cash flow?

    APi Group Corporation (APG) generated $680.0M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

    What if you invested $1,000 in APG back in 2017?

    Total return calculator · dividends reinvested · 9+ years of data

    See returns →