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APi Group Corporation

EDGAR

APG Current report (8-K) · filed 2026-10-29

Annual consolidated revenue for 2025: about USD 7.911B, using the latest reported figures. The previous period, 2024, was about USD 7.018B.

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Watchlist

Latest quarter

Revenue

2.55 billion USD

2026 Q3 · USD

Exact inputs and evidence

Revenue: 2554000000 USD Source

Operating margin

7.91%

2026 Q3 · %

Exact inputs and evidence

Operating Income: 202000000 USD Source
Revenue: 2554000000 USD Source

Operating cash flow

225 million USD

2026 Q3 · USD

Exact inputs and evidence

Operating Cash Flow: 393000000 USD Source
Operating Cash Flow: 168000000 USD Source

Free cash flow

198 million USD

2026 Q3 · USD

Exact inputs and evidence

Operating Cash Flow: 393000000 USD Source
Operating Cash Flow: 168000000 USD Source
Capital Expenditure: 76000000 USD Source
Capital Expenditure: 49000000 USD Source

Cash and cash equivalents: 373 million USD 2026-09-30 Source
Exact value

373000000 USD
Long-term debt including current maturities: 3.57 billion USD 2026-09-30 Source
Exact value

3574000000 USD
Shares outstanding: 170 million shares 2020-09-30 Source
Exact value

170000000 shares

Trailing twelve months

The four most recent complete quarters added together. This gives a full-year view that includes the latest quarterly results.

Revenue

8.91 billion USD

2025-10-01 – 2026-09-30

Exact inputs and evidence

Revenue: 7911000000 USD · 2025-01-01 – 2025-12-31 Source
Revenue: 5794000000 USD · 2025-01-01 – 2025-09-30 Source
Revenue: 1982000000 USD · 2026-01-01 – 2026-03-31 Source
Revenue: 2254000000 USD · 2026-04-01 – 2026-06-30 Source
Revenue: 2554000000 USD · 2026-07-01 – 2026-09-30 Source

Net income

367 million USD

2025-10-01 – 2026-09-30

Exact inputs and evidence

Net income: 302000000 USD · 2025-01-01 – 2025-12-31 Source
Net income: 205000000 USD · 2025-01-01 – 2025-09-30 Source
Net income: 57000000 USD · 2026-01-01 – 2026-03-31 Source
Net income: 99000000 USD · 2026-04-01 – 2026-06-30 Source
Net income: 114000000 USD · 2026-07-01 – 2026-09-30 Source

Operating cash flow

775 million USD

2025-10-01 – 2026-09-30

Exact inputs and evidence

Operating cash flow: 759000000 USD · 2025-01-01 – 2025-12-31 Source
Operating cash flow: 377000000 USD · 2025-01-01 – 2025-09-30 Source
Operating cash flow: 85000000 USD · 2026-01-01 – 2026-03-31 Source
Operating cash flow: 168000000 USD · 2026-01-01 – 2026-06-30 Source
Operating cash flow: 85000000 USD · 2026-01-01 – 2026-03-31 Source
Operating cash flow: 393000000 USD · 2026-01-01 – 2026-09-30 Source
Operating cash flow: 168000000 USD · 2026-01-01 – 2026-06-30 Source

Capital expenditure

102 million USD

2025-10-01 – 2026-09-30

Exact inputs and evidence

Capital expenditure: 96000000 USD · 2025-01-01 – 2025-12-31 Source
Capital expenditure: 70000000 USD · 2025-01-01 – 2025-09-30 Source
Capital expenditure: 18000000 USD · 2026-01-01 – 2026-03-31 Source
Capital expenditure: 49000000 USD · 2026-01-01 – 2026-06-30 Source
Capital expenditure: 18000000 USD · 2026-01-01 – 2026-03-31 Source
Capital expenditure: 76000000 USD · 2026-01-01 – 2026-09-30 Source
Capital expenditure: 49000000 USD · 2026-01-01 – 2026-06-30 Source

Free cash flow

673 million USD

2025-10-01 – 2026-09-30

Exact inputs and evidence

Operating cash flow: 759000000 USD · 2025-01-01 – 2025-12-31 Source
Operating cash flow: 377000000 USD · 2025-01-01 – 2025-09-30 Source
Operating cash flow: 85000000 USD · 2026-01-01 – 2026-03-31 Source
Operating cash flow: 168000000 USD · 2026-01-01 – 2026-06-30 Source
Operating cash flow: 85000000 USD · 2026-01-01 – 2026-03-31 Source
Operating cash flow: 393000000 USD · 2026-01-01 – 2026-09-30 Source
Operating cash flow: 168000000 USD · 2026-01-01 – 2026-06-30 Source
Capital expenditure: 96000000 USD · 2025-01-01 – 2025-12-31 Source
Capital expenditure: 70000000 USD · 2025-01-01 – 2025-09-30 Source
Capital expenditure: 18000000 USD · 2026-01-01 – 2026-03-31 Source
Capital expenditure: 49000000 USD · 2026-01-01 – 2026-06-30 Source
Capital expenditure: 18000000 USD · 2026-01-01 – 2026-03-31 Source
Capital expenditure: 76000000 USD · 2026-01-01 – 2026-09-30 Source
Capital expenditure: 49000000 USD · 2026-01-01 – 2026-06-30 Source

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2026-10-29.

Financial data available through: 2025-12-31.

Coverage by financial measure

Revenue: 8 of 11 periods available· newest 2025-12-31
Operating income: 8 of 11 periods available· newest 2025-12-31
Net income: 8 of 11 periods available· newest 2025-12-31
Operating cash flow: 8 of 11 periods available· newest 2025-12-31
Capital expenditure: 8 of 11 periods available· newest 2025-12-31
Total assets: 7 of 11 periods available· newest 2025-12-31
Total liabilities: 7 of 11 periods available· newest 2025-12-31
Current assets: 7 of 11 periods available· newest 2025-12-31
Current liabilities: 7 of 11 periods available· newest 2025-12-31
Cash and cash equivalents: 8 of 11 periods available· newest 2025-12-31
Long-term debt including current maturities: 7 of 11 periods available· newest 2025-12-31
Shares outstanding: 1 of 11 periods available· newest 2019-12-31

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

Revenue
+12.7%

Prior period

USD 7.02 billion

2024-01-01 – 2024-12-31
Current period

USD 7.91 billion

2025-01-01 – 2025-12-31

Exact inputs and evidence

7911000000 − 7018000000 = 893000000 USD

7018000000 USD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source
7911000000 USD · 2025-01-01 – 2025-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Revenue · APi Group Corporation · 2025-12-31 APi Group Corporation (edgar:1796209) Year-over-year change in Revenue: 893000000 USD Concept: fundies:Revenue Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T13:45:48Z Snapshot: 4fc1f4b5ed013a04d36a125ffcb20c7ed0d08d2ec4f1370f96661fe89e047715 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1796209?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:Revenue: 7911000000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1796209/000162828026011620/apg-20251231.htm#2647870 Filing: 000162828026011620 Input fundies:Revenue: 7018000000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1796209/000162828026011620/apg-20251231.htm#2692467 Filing: 000162828026011620
The citation records this snapshot. The page link may show a newer release later.
Net income
+20.8%

Prior period

USD 250 million

2024-01-01 – 2024-12-31
Current period

USD 302 million

2025-01-01 – 2025-12-31

Exact inputs and evidence

302000000 − 250000000 = 52000000 USD

250000000 USD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source
302000000 USD · 2025-01-01 – 2025-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Net income · APi Group Corporation · 2025-12-31 APi Group Corporation (edgar:1796209) Year-over-year change in Net income: 52000000 USD Concept: fundies:NetIncome Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T13:45:48Z Snapshot: 4fc1f4b5ed013a04d36a125ffcb20c7ed0d08d2ec4f1370f96661fe89e047715 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1796209?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:NetIncome: 302000000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1796209/000162828026011620/apg-20251231.htm#2602585 Filing: 000162828026011620 Input fundies:NetIncome: 250000000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1796209/000162828026011620/apg-20251231.htm#2603322 Filing: 000162828026011620
The citation records this snapshot. The page link may show a newer release later.
Operating cash flow
+22.4%

Prior period

USD 620 million

2024-01-01 – 2024-12-31
Current period

USD 759 million

2025-01-01 – 2025-12-31

Exact inputs and evidence

759000000 − 620000000 = 139000000 USD

620000000 USD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source
759000000 USD · 2025-01-01 – 2025-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Operating cash flow · APi Group Corporation · 2025-12-31 APi Group Corporation (edgar:1796209) Year-over-year change in Operating cash flow: 139000000 USD Concept: fundies:OperatingCashFlow Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T13:45:48Z Snapshot: 4fc1f4b5ed013a04d36a125ffcb20c7ed0d08d2ec4f1370f96661fe89e047715 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1796209?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:OperatingCashFlow: 759000000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1796209/000162828026011620/apg-20251231.htm#1266058 Filing: 000162828026011620 Input fundies:OperatingCashFlow: 620000000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1796209/000162828026011620/apg-20251231.htm#1266676 Filing: 000162828026011620
The citation records this snapshot. The page link may show a newer release later.
Capital expenditure
+14.3%

Prior period

USD 84 million

2024-01-01 – 2024-12-31
Current period

USD 96 million

2025-01-01 – 2025-12-31

Exact inputs and evidence

96000000 − 84000000 = 12000000 USD

84000000 USD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source
96000000 USD · 2025-01-01 – 2025-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Capital expenditure · APi Group Corporation · 2025-12-31 APi Group Corporation (edgar:1796209) Year-over-year change in Capital expenditure: 12000000 USD Concept: fundies:CapitalExpenditure Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T13:45:48Z Snapshot: 4fc1f4b5ed013a04d36a125ffcb20c7ed0d08d2ec4f1370f96661fe89e047715 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1796209?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:CapitalExpenditure: 96000000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1796209/000162828026011620/apg-20251231.htm#1270587 Filing: 000162828026011620 Input fundies:CapitalExpenditure: 84000000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1796209/000162828026011620/apg-20251231.htm#1271144 Filing: 000162828026011620
The citation records this snapshot. The page link may show a newer release later.

Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2025 2025-01-01 – 2025-12-31

Revenue USD 7.91 billion 100% of revenue
Operating costs Derived USD 7.36 billion 93% of revenue
Operating income USD 554 million 7% of revenue
Tax, interest and other Derived USD 252 million 3.2% of revenue
Net income USD 302 million 3.8% of revenue

Cash

Operating cash flow USD 759 million 9.6% of revenue
Capital expenditure USD 96 million 1.2% of revenue
Free cash flow Derived USD 663 million 8.4% of revenue

Share of revenue by period

Net income
Tax, interest and other
Operating costs

2018 96%
2019 Operating loss: operating costs were 116% of revenue.
2020 Operating loss: operating costs were 105% of revenue.
2021 97%
2022 98%
2023 95%
2024 93%
2025 93%

Values and sources

Revenue breakdown by annual reporting period
Period	Revenue	Operating costs	Operating income	Tax, interest and other	Net income	Free cash flow	Source
2018 2018-01-01 – 2018-12-31	3728000000	3566000000 Derived	162000000	26000000 Derived	136000000	38000000 Derived	Source 2018-01-01 – 2018-12-31: 3728000000 USD Inspect Revenue Open source 2018-01-01 – 2018-12-31: 162000000 USD Inspect Operating Income Open source 2018-01-01 – 2018-12-31: 136000000 USD Inspect Net Income Open source 2018-01-01 – 2018-12-31: 112000000 USD Inspect Operating Cash Flow Open source 2018-01-01 – 2018-12-31: 74000000 USD Inspect Capital Expenditure Open source
2019 2019-01-01 – 2019-12-31	985000000	1146000000 Derived	-161000000	-8000000 Derived	-153000000	139000000 Derived	Source 2019-01-01 – 2019-12-31: 985000000 USD Inspect Revenue Open source 2019-01-01 – 2019-12-31: -161000000 USD Inspect Operating Income Open source 2019-01-01 – 2019-12-31: -153000000 USD Inspect Net Income Open source 2019-01-01 – 2019-12-31: 150000000 USD Inspect Operating Cash Flow Open source 2019-01-01 – 2019-12-31: 11000000 USD Inspect Capital Expenditure Open source
2020 2020-01-01 – 2020-12-31	3587000000	3753000000 Derived	-166000000	-13000000 Derived	-153000000	458000000 Derived	Source 2020-01-01 – 2020-12-31: 3587000000 USD Inspect Revenue Open source 2020-01-01 – 2020-12-31: -166000000 USD Inspect Operating Income Open source 2020-01-01 – 2020-12-31: -153000000 USD Inspect Net Income Open source 2020-01-01 – 2020-12-31: 496000000 USD Inspect Operating Cash Flow Open source 2020-01-01 – 2020-12-31: 38000000 USD Inspect Capital Expenditure Open source
2021 2021-01-01 – 2021-12-31	3940000000	3804000000 Derived	136000000	89000000 Derived	47000000	127000000 Derived	Source 2021-01-01 – 2021-12-31: 3940000000 USD Inspect Revenue Open source 2021-01-01 – 2021-12-31: 136000000 USD Inspect Operating Income Open source 2021-01-01 – 2021-12-31: 47000000 USD Inspect Net Income Open source 2021-01-01 – 2021-12-31: 182000000 USD Inspect Operating Cash Flow Open source 2021-01-01 – 2021-12-31: 55000000 USD Inspect Capital Expenditure Open source
2022 2022-01-01 – 2022-12-31	6558000000	6396000000 Derived	162000000	89000000 Derived	73000000	191000000 Derived	Source 2022-01-01 – 2022-12-31: 6558000000 USD Inspect Revenue Open source 2022-01-01 – 2022-12-31: 162000000 USD Inspect Operating Income Open source 2022-01-01 – 2022-12-31: 73000000 USD Inspect Net Income Open source 2022-01-01 – 2022-12-31: 270000000 USD Inspect Operating Cash Flow Open source 2022-01-01 – 2022-12-31: 79000000 USD Inspect Capital Expenditure Open source
2023 2023-01-01 – 2023-12-31	6928000000	6569000000 Derived	359000000	206000000 Derived	153000000	428000000 Derived	Source 2023-01-01 – 2023-12-31: 6928000000 USD Inspect Revenue Open source 2023-01-01 – 2023-12-31: 359000000 USD Inspect Operating Income Open source 2023-01-01 – 2023-12-31: 153000000 USD Inspect Net Income Open source 2023-01-01 – 2023-12-31: 514000000 USD Inspect Operating Cash Flow Open source 2023-01-01 – 2023-12-31: 86000000 USD Inspect Capital Expenditure Open source
2024 2024-01-01 – 2024-12-31	7018000000	6534000000 Derived	484000000	234000000 Derived	250000000	536000000 Derived	Source 2024-01-01 – 2024-12-31: 7018000000 USD Inspect Revenue Open source 2024-01-01 – 2024-12-31: 484000000 USD Inspect Operating Income Open source 2024-01-01 – 2024-12-31: 250000000 USD Inspect Net Income Open source 2024-01-01 – 2024-12-31: 620000000 USD Inspect Operating Cash Flow Open source 2024-01-01 – 2024-12-31: 84000000 USD Inspect Capital Expenditure Open source
2025 2025-01-01 – 2025-12-31	7911000000	7357000000 Derived	554000000	252000000 Derived	302000000	663000000 Derived	Source 2025-01-01 – 2025-12-31: 7911000000 USD Inspect Revenue Open source 2025-01-01 – 2025-12-31: 554000000 USD Inspect Operating Income Open source 2025-01-01 – 2025-12-31: 302000000 USD Inspect Net Income Open source 2025-01-01 – 2025-12-31: 759000000 USD Inspect Operating Cash Flow Open source 2025-01-01 – 2025-12-31: 96000000 USD Inspect Capital Expenditure Open source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 7.9B 2025

Values and sources

Revenue values and source evidence
Period	Series	Value(USD)	Source evidence
20182018-12-31	Revenue	3728000000	Revenue: 3728000000 Open source
20192019-12-31	Revenue	985000000	Revenue: 985000000 Open source
20202020-12-31	Revenue	3587000000	Revenue: 3587000000 Open source
20212021-12-31	Revenue	3940000000	Revenue: 3940000000 Open source
20222022-12-31	Revenue	6558000000	Revenue: 6558000000 Open source
20232023-12-31	Revenue	6928000000	Revenue: 6928000000 Open source
20242024-12-31	Revenue	7018000000	Revenue: 7018000000 Open source
20252025-12-31	Revenue	7911000000	Revenue: 7911000000 Open source

Revenue growth

Change in revenue from the same financial period one year earlier.

12.7% 2025

Values and sources

Revenue growth values and source evidence
Period	Series	Value	Source evidence
20182018-12-31	Year over year	No prior comparable period	Revenue: 3728000000 Open source
20192019-12-31	Year over year	-73.6%	Revenue: 985000000 Open source Revenue: 3728000000 Open source
20202020-12-31	Year over year	264.2%	Revenue: 3587000000 Open source Revenue: 985000000 Open source
20212021-12-31	Year over year	9.8%	Revenue: 3940000000 Open source Revenue: 3587000000 Open source
20222022-12-31	Year over year	66.4%	Revenue: 6558000000 Open source Revenue: 3940000000 Open source
20232023-12-31	Year over year	5.6%	Revenue: 6928000000 Open source Revenue: 6558000000 Open source
20242024-12-31	Year over year	1.3%	Revenue: 7018000000 Open source Revenue: 6928000000 Open source
20252025-12-31	Year over year	12.7%	Revenue: 7911000000 Open source Revenue: 7018000000 Open source

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin 7% 2025

Net margin 3.8% 2025

Free cash flow margin 8.4% 2025

Operating margin
Net margin
Free cash flow margin

Values and sources

Profit margins values and source evidence
Period	Series	Value	Source evidence
20182018-12-31	Operating margin	4.3%	Operating Income: 162000000 Open source Revenue: 3728000000 Open source
20192019-12-31	Operating margin	-16.3%	Operating Income: -161000000 Open source Revenue: 985000000 Open source
20202020-12-31	Operating margin	-4.6%	Operating Income: -166000000 Open source Revenue: 3587000000 Open source
20212021-12-31	Operating margin	3.5%	Operating Income: 136000000 Open source Revenue: 3940000000 Open source
20222022-12-31	Operating margin	2.5%	Operating Income: 162000000 Open source Revenue: 6558000000 Open source
20232023-12-31	Operating margin	5.2%	Operating Income: 359000000 Open source Revenue: 6928000000 Open source
20242024-12-31	Operating margin	6.9%	Operating Income: 484000000 Open source Revenue: 7018000000 Open source
20252025-12-31	Operating margin	7%	Operating Income: 554000000 Open source Revenue: 7911000000 Open source
20182018-12-31	Net margin	3.6%	Net Income: 136000000 Open source Revenue: 3728000000 Open source
20192019-12-31	Net margin	-15.5%	Net Income: -153000000 Open source Revenue: 985000000 Open source
20202020-12-31	Net margin	-4.3%	Net Income: -153000000 Open source Revenue: 3587000000 Open source
20212021-12-31	Net margin	1.2%	Net Income: 47000000 Open source Revenue: 3940000000 Open source
20222022-12-31	Net margin	1.1%	Net Income: 73000000 Open source Revenue: 6558000000 Open source
20232023-12-31	Net margin	2.2%	Net Income: 153000000 Open source Revenue: 6928000000 Open source
20242024-12-31	Net margin	3.6%	Net Income: 250000000 Open source Revenue: 7018000000 Open source
20252025-12-31	Net margin	3.8%	Net Income: 302000000 Open source Revenue: 7911000000 Open source
20182018-12-31	Free cash flow margin	1%	Revenue: 3728000000 Open source Operating Cash Flow: 112000000 Open source Capital Expenditure: 74000000 Open source
20192019-12-31	Free cash flow margin	14.1%	Revenue: 985000000 Open source Operating Cash Flow: 150000000 Open source Capital Expenditure: 11000000 Open source
20202020-12-31	Free cash flow margin	12.8%	Revenue: 3587000000 Open source Operating Cash Flow: 496000000 Open source Capital Expenditure: 38000000 Open source
20212021-12-31	Free cash flow margin	3.2%	Revenue: 3940000000 Open source Operating Cash Flow: 182000000 Open source Capital Expenditure: 55000000 Open source
20222022-12-31	Free cash flow margin	2.9%	Revenue: 6558000000 Open source Operating Cash Flow: 270000000 Open source Capital Expenditure: 79000000 Open source
20232023-12-31	Free cash flow margin	6.2%	Revenue: 6928000000 Open source Operating Cash Flow: 514000000 Open source Capital Expenditure: 86000000 Open source
20242024-12-31	Free cash flow margin	7.6%	Revenue: 7018000000 Open source Operating Cash Flow: 620000000 Open source Capital Expenditure: 84000000 Open source
20252025-12-31	Free cash flow margin	8.4%	Revenue: 7911000000 Open source Operating Cash Flow: 759000000 Open source Capital Expenditure: 96000000 Open source

Operating cash flow

Cash generated by the company’s normal business operations.

USD 759M 2025

Values and sources

Operating cash flow values and source evidence
Period	Series	Value(USD)	Source evidence
20182018-12-31	Operating cash flow	112000000	Operating Cash Flow: 112000000 Open source
20192019-12-31	Operating cash flow	150000000	Operating Cash Flow: 150000000 Open source
20202020-12-31	Operating cash flow	496000000	Operating Cash Flow: 496000000 Open source
20212021-12-31	Operating cash flow	182000000	Operating Cash Flow: 182000000 Open source
20222022-12-31	Operating cash flow	270000000	Operating Cash Flow: 270000000 Open source
20232023-12-31	Operating cash flow	514000000	Operating Cash Flow: 514000000 Open source
20242024-12-31	Operating cash flow	620000000	Operating Cash Flow: 620000000 Open source
20252025-12-31	Operating cash flow	759000000	Operating Cash Flow: 759000000 Open source

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

USD 663M 2025

Values and sources

Free cash flow values and source evidence
Period	Series	Value(USD)	Source evidence
20182018-12-31	Free cash flow	38000000	Operating Cash Flow: 112000000 Open source Capital Expenditure: 74000000 Open source
20192019-12-31	Free cash flow	139000000	Operating Cash Flow: 150000000 Open source Capital Expenditure: 11000000 Open source
20202020-12-31	Free cash flow	458000000	Operating Cash Flow: 496000000 Open source Capital Expenditure: 38000000 Open source
20212021-12-31	Free cash flow	127000000	Operating Cash Flow: 182000000 Open source Capital Expenditure: 55000000 Open source
20222022-12-31	Free cash flow	191000000	Operating Cash Flow: 270000000 Open source Capital Expenditure: 79000000 Open source
20232023-12-31	Free cash flow	428000000	Operating Cash Flow: 514000000 Open source Capital Expenditure: 86000000 Open source
20242024-12-31	Free cash flow	536000000	Operating Cash Flow: 620000000 Open source Capital Expenditure: 84000000 Open source
20252025-12-31	Free cash flow	663000000	Operating Cash Flow: 759000000 Open source Capital Expenditure: 96000000 Open source

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

61.9% 2025

Values and sources

Liabilities to assets values and source evidence
Period	Series	Value	Source evidence
2018-12-31	Liabilities / assets	Not reported	No source recorded
20192019-12-31	Liabilities / assets	56.2%	Total Liabilities: 2254000000 Open source Total Assets: 4011000000 Open source
20202020-12-31	Liabilities / assets	61.7%	Total Liabilities: 2507000000 Open source Total Assets: 4065000000 Open source
20212021-12-31	Liabilities / assets	55%	Total Liabilities: 2836000000 Open source Total Assets: 5159000000 Open source
20222022-12-31	Liabilities / assets	63.9%	Total Liabilities: 5167000000 Open source Total Assets: 8091000000 Open source
20232023-12-31	Liabilities / assets	62.2%	Total Liabilities: 4722000000 Open source Total Assets: 7590000000 Open source
20242024-12-31	Liabilities / assets	63.8%	Total Liabilities: 5199000000 Open source Total Assets: 8152000000 Open source
20252025-12-31	Liabilities / assets	61.9%	Total Liabilities: 5528000000 Open source Total Assets: 8936000000 Open source

Current assets to current liabilities

Current assets divided by current liabilities.

1.5× 2025

Values and sources

Current assets to current liabilities values and source evidence
Period	Series	Value	Source evidence
2018-12-31	Current assets / current liabilities	Not reported	No source recorded
20192019-12-31	Current assets / current liabilities	1.63×	Current Assets: 1342000000 Open source Current Liabilities: 823000000 Open source
20202020-12-31	Current assets / current liabilities	1.71×	Current Assets: 1437000000 Open source Current Liabilities: 841000000 Open source
20212021-12-31	Current assets / current liabilities	3.03×	Current Assets: 2626000000 Open source Current Liabilities: 867000000 Open source
20222022-12-31	Current assets / current liabilities	1.38×	Current Assets: 2652000000 Open source Current Liabilities: 1921000000 Open source
20232023-12-31	Current assets / current liabilities	1.43×	Current Assets: 2582000000 Open source Current Liabilities: 1807000000 Open source
20242024-12-31	Current assets / current liabilities	1.41×	Current Assets: 2658000000 Open source Current Liabilities: 1885000000 Open source
20252025-12-31	Current assets / current liabilities	1.5×	Current Assets: 3229000000 Open source Current Liabilities: 2150000000 Open source

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
Period	Net income	Operating cash flow	Capital expenditure	Free cash flow
2018 2018-01-01 – 2018-12-31	USD 136 million Exact value Exact value: 136000000 USD 2018-01-01 – 2018-12-31: 136000000 USD Inspect Net Income Open source Share or cite Citation for Net Income · APi Group Corporation · 2018-12-31 APi Group Corporation (edgar:1796209) Net Income: 136000000 USD Concept: fundies:NetIncome Period: 2018-01-01 to 2018-12-31 Values: Latest reported Published: 2026-11-02T13:45:48Z Snapshot: 4fc1f4b5ed013a04d36a125ffcb20c7ed0d08d2ec4f1370f96661fe89e047715 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1796209/explain?concept=fundies%3ANetIncome&period=2018-12-31&surface=latest&period_type=duration&start=2018-01-01&unit=USD&dimensions= Input fundies:NetIncome: 136000000 USD (2018-01-01 to 2018-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1796209/000156459021014986/apg-20201231.xml#338938 Filing: 000156459021014986 The citation records this snapshot. The page link may show a newer release later.	USD 112 million Exact value Exact value: 112000000 USD 2018-01-01 – 2018-12-31: 112000000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · APi Group Corporation · 2018-12-31 APi Group Corporation (edgar:1796209) Operating Cash Flow: 112000000 USD Concept: fundies:OperatingCashFlow Period: 2018-01-01 to 2018-12-31 Values: Latest reported Published: 2026-11-02T13:45:48Z Snapshot: 4fc1f4b5ed013a04d36a125ffcb20c7ed0d08d2ec4f1370f96661fe89e047715 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1796209/explain?concept=fundies%3AOperatingCashFlow&period=2018-12-31&surface=latest&period_type=duration&start=2018-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 112000000 USD (2018-01-01 to 2018-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1796209/000156459021014986/apg-20201231.xml#376465 Filing: 000156459021014986 The citation records this snapshot. The page link may show a newer release later.	USD 74 million Exact value Exact value: 74000000 USD 2018-01-01 – 2018-12-31: 74000000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · APi Group Corporation · 2018-12-31 APi Group Corporation (edgar:1796209) Capital Expenditure: 74000000 USD Concept: fundies:CapitalExpenditure Period: 2018-01-01 to 2018-12-31 Values: Latest reported Published: 2026-11-02T13:45:48Z Snapshot: 4fc1f4b5ed013a04d36a125ffcb20c7ed0d08d2ec4f1370f96661fe89e047715 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1796209/explain?concept=fundies%3ACapitalExpenditure&period=2018-12-31&surface=latest&period_type=duration&start=2018-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 74000000 USD (2018-01-01 to 2018-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1796209/000156459021014986/apg-20201231.xml#378173 Filing: 000156459021014986 The citation records this snapshot. The page link may show a newer release later.	USD 38 million Calculation and evidence 112000000 − 74000000 USD Exact free cash flow: 38000000 USD 2018-01-01 – 2018-12-31: 112000000 USD · Inspect Operating Cash Flow · Source 2018-01-01 – 2018-12-31: 74000000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · APi Group Corporation · 2018-12-31 APi Group Corporation (edgar:1796209) Free cash flow: 38000000 USD Concept: free-cash-flow Period: 2018-01-01 to 2018-12-31 Values: Latest reported Published: 2026-11-02T13:45:48Z Snapshot: 4fc1f4b5ed013a04d36a125ffcb20c7ed0d08d2ec4f1370f96661fe89e047715 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1796209?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: 112000000 USD (2018-01-01 to 2018-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1796209/000156459021014986/apg-20201231.xml#376465 Filing: 000156459021014986 Input fundies:CapitalExpenditure: 74000000 USD (2018-01-01 to 2018-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1796209/000156459021014986/apg-20201231.xml#378173 Filing: 000156459021014986 The citation records this snapshot. The page link may show a newer release later.
2019 2019-01-01 – 2019-12-31	−USD 153 million Exact value Exact value: -153000000 USD 2019-01-01 – 2019-12-31: -153000000 USD Inspect Net Income Open source Share or cite Citation for Net Income · APi Group Corporation · 2019-12-31 APi Group Corporation (edgar:1796209) Net Income: -153000000 USD Concept: fundies:NetIncome Period: 2019-01-01 to 2019-12-31 Values: Latest reported Published: 2026-11-02T13:45:48Z Snapshot: 4fc1f4b5ed013a04d36a125ffcb20c7ed0d08d2ec4f1370f96661fe89e047715 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1796209/explain?concept=fundies%3ANetIncome&period=2019-12-31&surface=latest&period_type=duration&start=2019-01-01&unit=USD&dimensions= Input fundies:NetIncome: -153000000 USD (2019-01-01 to 2019-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1796209/000095017022002474/apg-20211231.htm#2388267 Filing: 000095017022002474 The citation records this snapshot. The page link may show a newer release later.	USD 150 million Exact value Exact value: 150000000 USD 2019-01-01 – 2019-12-31: 150000000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · APi Group Corporation · 2019-12-31 APi Group Corporation (edgar:1796209) Operating Cash Flow: 150000000 USD Concept: fundies:OperatingCashFlow Period: 2019-01-01 to 2019-12-31 Values: Latest reported Published: 2026-11-02T13:45:48Z Snapshot: 4fc1f4b5ed013a04d36a125ffcb20c7ed0d08d2ec4f1370f96661fe89e047715 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1796209/explain?concept=fundies%3AOperatingCashFlow&period=2019-12-31&surface=latest&period_type=duration&start=2019-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 150000000 USD (2019-01-01 to 2019-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1796209/000095017022002474/apg-20211231.htm#2536977 Filing: 000095017022002474 The citation records this snapshot. The page link may show a newer release later.	USD 11 million Exact value Exact value: 11000000 USD 2019-01-01 – 2019-12-31: 11000000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · APi Group Corporation · 2019-12-31 APi Group Corporation (edgar:1796209) Capital Expenditure: 11000000 USD Concept: fundies:CapitalExpenditure Period: 2019-01-01 to 2019-12-31 Values: Latest reported Published: 2026-11-02T13:45:48Z Snapshot: 4fc1f4b5ed013a04d36a125ffcb20c7ed0d08d2ec4f1370f96661fe89e047715 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1796209/explain?concept=fundies%3ACapitalExpenditure&period=2019-12-31&surface=latest&period_type=duration&start=2019-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 11000000 USD (2019-01-01 to 2019-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1796209/000095017022002474/apg-20211231.htm#2558443 Filing: 000095017022002474 The citation records this snapshot. The page link may show a newer release later.	USD 139 million Calculation and evidence 150000000 − 11000000 USD Exact free cash flow: 139000000 USD 2019-01-01 – 2019-12-31: 150000000 USD · Inspect Operating Cash Flow · Source 2019-01-01 – 2019-12-31: 11000000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · APi Group Corporation · 2019-12-31 APi Group Corporation (edgar:1796209) Free cash flow: 139000000 USD Concept: free-cash-flow Period: 2019-01-01 to 2019-12-31 Values: Latest reported Published: 2026-11-02T13:45:48Z Snapshot: 4fc1f4b5ed013a04d36a125ffcb20c7ed0d08d2ec4f1370f96661fe89e047715 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1796209?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: 150000000 USD (2019-01-01 to 2019-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1796209/000095017022002474/apg-20211231.htm#2536977 Filing: 000095017022002474 Input fundies:CapitalExpenditure: 11000000 USD (2019-01-01 to 2019-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1796209/000095017022002474/apg-20211231.htm#2558443 Filing: 000095017022002474 The citation records this snapshot. The page link may show a newer release later.
2020 2020-01-01 – 2020-12-31	−USD 153 million Exact value Exact value: -153000000 USD 2020-01-01 – 2020-12-31: -153000000 USD Inspect Net Income Open source Share or cite Citation for Net Income · APi Group Corporation · 2020-12-31 APi Group Corporation (edgar:1796209) Net Income: -153000000 USD Concept: fundies:NetIncome Period: 2020-01-01 to 2020-12-31 Values: Latest reported Published: 2026-11-02T13:45:48Z Snapshot: 4fc1f4b5ed013a04d36a125ffcb20c7ed0d08d2ec4f1370f96661fe89e047715 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1796209/explain?concept=fundies%3ANetIncome&period=2020-12-31&surface=latest&period_type=duration&start=2020-01-01&unit=USD&dimensions= Input fundies:NetIncome: -153000000 USD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1796209/000095017023005456/apg-20221231.htm#2356656 Filing: 000095017023005456 The citation records this snapshot. The page link may show a newer release later.	USD 496 million Exact value Exact value: 496000000 USD 2020-01-01 – 2020-12-31: 496000000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · APi Group Corporation · 2020-12-31 APi Group Corporation (edgar:1796209) Operating Cash Flow: 496000000 USD Concept: fundies:OperatingCashFlow Period: 2020-01-01 to 2020-12-31 Values: Latest reported Published: 2026-11-02T13:45:48Z Snapshot: 4fc1f4b5ed013a04d36a125ffcb20c7ed0d08d2ec4f1370f96661fe89e047715 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1796209/explain?concept=fundies%3AOperatingCashFlow&period=2020-12-31&surface=latest&period_type=duration&start=2020-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 496000000 USD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1796209/000095017023005456/apg-20221231.htm#2499191 Filing: 000095017023005456 The citation records this snapshot. The page link may show a newer release later.	USD 38 million Exact value Exact value: 38000000 USD 2020-01-01 – 2020-12-31: 38000000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · APi Group Corporation · 2020-12-31 APi Group Corporation (edgar:1796209) Capital Expenditure: 38000000 USD Concept: fundies:CapitalExpenditure Period: 2020-01-01 to 2020-12-31 Values: Latest reported Published: 2026-11-02T13:45:48Z Snapshot: 4fc1f4b5ed013a04d36a125ffcb20c7ed0d08d2ec4f1370f96661fe89e047715 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1796209/explain?concept=fundies%3ACapitalExpenditure&period=2020-12-31&surface=latest&period_type=duration&start=2020-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 38000000 USD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1796209/000095017023005456/apg-20221231.htm#2517535 Filing: 000095017023005456 The citation records this snapshot. The page link may show a newer release later.	USD 458 million Calculation and evidence 496000000 − 38000000 USD Exact free cash flow: 458000000 USD 2020-01-01 – 2020-12-31: 496000000 USD · Inspect Operating Cash Flow · Source 2020-01-01 – 2020-12-31: 38000000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · APi Group Corporation · 2020-12-31 APi Group Corporation (edgar:1796209) Free cash flow: 458000000 USD Concept: free-cash-flow Period: 2020-01-01 to 2020-12-31 Values: Latest reported Published: 2026-11-02T13:45:48Z Snapshot: 4fc1f4b5ed013a04d36a125ffcb20c7ed0d08d2ec4f1370f96661fe89e047715 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1796209?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: 496000000 USD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1796209/000095017023005456/apg-20221231.htm#2499191 Filing: 000095017023005456 Input fundies:CapitalExpenditure: 38000000 USD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1796209/000095017023005456/apg-20221231.htm#2517535 Filing: 000095017023005456 The citation records this snapshot. The page link may show a newer release later.
2021 2021-01-01 – 2021-12-31	USD 47 million Exact value Exact value: 47000000 USD 2021-01-01 – 2021-12-31: 47000000 USD Inspect Net Income Open source Share or cite Citation for Net Income · APi Group Corporation · 2021-12-31 APi Group Corporation (edgar:1796209) Net Income: 47000000 USD Concept: fundies:NetIncome Period: 2021-01-01 to 2021-12-31 Values: Latest reported Published: 2026-11-02T13:45:48Z Snapshot: 4fc1f4b5ed013a04d36a125ffcb20c7ed0d08d2ec4f1370f96661fe89e047715 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1796209/explain?concept=fundies%3ANetIncome&period=2021-12-31&surface=latest&period_type=duration&start=2021-01-01&unit=USD&dimensions= Input fundies:NetIncome: 47000000 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1796209/000162828024007573/apg-20231231.htm#1212758 Filing: 000162828024007573 The citation records this snapshot. The page link may show a newer release later.	USD 182 million Exact value Exact value: 182000000 USD 2021-01-01 – 2021-12-31: 182000000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · APi Group Corporation · 2021-12-31 APi Group Corporation (edgar:1796209) Operating Cash Flow: 182000000 USD Concept: fundies:OperatingCashFlow Period: 2021-01-01 to 2021-12-31 Values: Latest reported Published: 2026-11-02T13:45:48Z Snapshot: 4fc1f4b5ed013a04d36a125ffcb20c7ed0d08d2ec4f1370f96661fe89e047715 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1796209/explain?concept=fundies%3AOperatingCashFlow&period=2021-12-31&surface=latest&period_type=duration&start=2021-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 182000000 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1796209/000162828024007573/apg-20231231.htm#1251848 Filing: 000162828024007573 The citation records this snapshot. The page link may show a newer release later.	USD 55 million Exact value Exact value: 55000000 USD 2021-01-01 – 2021-12-31: 55000000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · APi Group Corporation · 2021-12-31 APi Group Corporation (edgar:1796209) Capital Expenditure: 55000000 USD Concept: fundies:CapitalExpenditure Period: 2021-01-01 to 2021-12-31 Values: Latest reported Published: 2026-11-02T13:45:48Z Snapshot: 4fc1f4b5ed013a04d36a125ffcb20c7ed0d08d2ec4f1370f96661fe89e047715 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1796209/explain?concept=fundies%3ACapitalExpenditure&period=2021-12-31&surface=latest&period_type=duration&start=2021-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 55000000 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1796209/000162828024007573/apg-20231231.htm#1256330 Filing: 000162828024007573 The citation records this snapshot. The page link may show a newer release later.	USD 127 million Calculation and evidence 182000000 − 55000000 USD Exact free cash flow: 127000000 USD 2021-01-01 – 2021-12-31: 182000000 USD · Inspect Operating Cash Flow · Source 2021-01-01 – 2021-12-31: 55000000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · APi Group Corporation · 2021-12-31 APi Group Corporation (edgar:1796209) Free cash flow: 127000000 USD Concept: free-cash-flow Period: 2021-01-01 to 2021-12-31 Values: Latest reported Published: 2026-11-02T13:45:48Z Snapshot: 4fc1f4b5ed013a04d36a125ffcb20c7ed0d08d2ec4f1370f96661fe89e047715 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1796209?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: 182000000 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1796209/000162828024007573/apg-20231231.htm#1251848 Filing: 000162828024007573 Input fundies:CapitalExpenditure: 55000000 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1796209/000162828024007573/apg-20231231.htm#1256330 Filing: 000162828024007573 The citation records this snapshot. The page link may show a newer release later.
2022 2022-01-01 – 2022-12-31	USD 73 million Exact value Exact value: 73000000 USD 2022-01-01 – 2022-12-31: 73000000 USD Inspect Net Income Open source Share or cite Citation for Net Income · APi Group Corporation · 2022-12-31 APi Group Corporation (edgar:1796209) Net Income: 73000000 USD Concept: fundies:NetIncome Period: 2022-01-01 to 2022-12-31 Values: Latest reported Published: 2026-11-02T13:45:48Z Snapshot: 4fc1f4b5ed013a04d36a125ffcb20c7ed0d08d2ec4f1370f96661fe89e047715 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1796209/explain?concept=fundies%3ANetIncome&period=2022-12-31&surface=latest&period_type=duration&start=2022-01-01&unit=USD&dimensions= Input fundies:NetIncome: 73000000 USD (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1796209/000162828025008189/apg-20241231.htm#2850330 Filing: 000162828025008189 The citation records this snapshot. The page link may show a newer release later.	USD 270 million Exact value Exact value: 270000000 USD 2022-01-01 – 2022-12-31: 270000000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · APi Group Corporation · 2022-12-31 APi Group Corporation (edgar:1796209) Operating Cash Flow: 270000000 USD Concept: fundies:OperatingCashFlow Period: 2022-01-01 to 2022-12-31 Values: Latest reported Published: 2026-11-02T13:45:48Z Snapshot: 4fc1f4b5ed013a04d36a125ffcb20c7ed0d08d2ec4f1370f96661fe89e047715 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1796209/explain?concept=fundies%3AOperatingCashFlow&period=2022-12-31&surface=latest&period_type=duration&start=2022-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 270000000 USD (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1796209/000162828025008189/apg-20241231.htm#1409832 Filing: 000162828025008189 The citation records this snapshot. The page link may show a newer release later.	USD 79 million Exact value Exact value: 79000000 USD 2022-01-01 – 2022-12-31: 79000000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · APi Group Corporation · 2022-12-31 APi Group Corporation (edgar:1796209) Capital Expenditure: 79000000 USD Concept: fundies:CapitalExpenditure Period: 2022-01-01 to 2022-12-31 Values: Latest reported Published: 2026-11-02T13:45:48Z Snapshot: 4fc1f4b5ed013a04d36a125ffcb20c7ed0d08d2ec4f1370f96661fe89e047715 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1796209/explain?concept=fundies%3ACapitalExpenditure&period=2022-12-31&surface=latest&period_type=duration&start=2022-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 79000000 USD (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1796209/000162828025008189/apg-20241231.htm#1414315 Filing: 000162828025008189 The citation records this snapshot. The page link may show a newer release later.	USD 191 million Calculation and evidence 270000000 − 79000000 USD Exact free cash flow: 191000000 USD 2022-01-01 – 2022-12-31: 270000000 USD · Inspect Operating Cash Flow · Source 2022-01-01 – 2022-12-31: 79000000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · APi Group Corporation · 2022-12-31 APi Group Corporation (edgar:1796209) Free cash flow: 191000000 USD Concept: free-cash-flow Period: 2022-01-01 to 2022-12-31 Values: Latest reported Published: 2026-11-02T13:45:48Z Snapshot: 4fc1f4b5ed013a04d36a125ffcb20c7ed0d08d2ec4f1370f96661fe89e047715 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1796209?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: 270000000 USD (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1796209/000162828025008189/apg-20241231.htm#1409832 Filing: 000162828025008189 Input fundies:CapitalExpenditure: 79000000 USD (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1796209/000162828025008189/apg-20241231.htm#1414315 Filing: 000162828025008189 The citation records this snapshot. The page link may show a newer release later.
2023 2023-01-01 – 2023-12-31	USD 153 million Exact value Exact value: 153000000 USD 2023-01-01 – 2023-12-31: 153000000 USD Inspect Net Income Open source Share or cite Citation for Net Income · APi Group Corporation · 2023-12-31 APi Group Corporation (edgar:1796209) Net Income: 153000000 USD Concept: fundies:NetIncome Period: 2023-01-01 to 2023-12-31 Values: Latest reported Published: 2026-11-02T13:45:48Z Snapshot: 4fc1f4b5ed013a04d36a125ffcb20c7ed0d08d2ec4f1370f96661fe89e047715 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1796209/explain?concept=fundies%3ANetIncome&period=2023-12-31&surface=latest&period_type=duration&start=2023-01-01&unit=USD&dimensions= Input fundies:NetIncome: 153000000 USD (2023-01-01 to 2023-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1796209/000162828026011620/apg-20251231.htm#2604059 Filing: 000162828026011620 The citation records this snapshot. The page link may show a newer release later.	USD 514 million Exact value Exact value: 514000000 USD 2023-01-01 – 2023-12-31: 514000000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · APi Group Corporation · 2023-12-31 APi Group Corporation (edgar:1796209) Operating Cash Flow: 514000000 USD Concept: fundies:OperatingCashFlow Period: 2023-01-01 to 2023-12-31 Values: Latest reported Published: 2026-11-02T13:45:48Z Snapshot: 4fc1f4b5ed013a04d36a125ffcb20c7ed0d08d2ec4f1370f96661fe89e047715 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1796209/explain?concept=fundies%3AOperatingCashFlow&period=2023-12-31&surface=latest&period_type=duration&start=2023-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 514000000 USD (2023-01-01 to 2023-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1796209/000162828026011620/apg-20251231.htm#1267294 Filing: 000162828026011620 The citation records this snapshot. The page link may show a newer release later.	USD 86 million Exact value Exact value: 86000000 USD 2023-01-01 – 2023-12-31: 86000000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · APi Group Corporation · 2023-12-31 APi Group Corporation (edgar:1796209) Capital Expenditure: 86000000 USD Concept: fundies:CapitalExpenditure Period: 2023-01-01 to 2023-12-31 Values: Latest reported Published: 2026-11-02T13:45:48Z Snapshot: 4fc1f4b5ed013a04d36a125ffcb20c7ed0d08d2ec4f1370f96661fe89e047715 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1796209/explain?concept=fundies%3ACapitalExpenditure&period=2023-12-31&surface=latest&period_type=duration&start=2023-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 86000000 USD (2023-01-01 to 2023-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1796209/000162828026011620/apg-20251231.htm#1271701 Filing: 000162828026011620 The citation records this snapshot. The page link may show a newer release later.	USD 428 million Calculation and evidence 514000000 − 86000000 USD Exact free cash flow: 428000000 USD 2023-01-01 – 2023-12-31: 514000000 USD · Inspect Operating Cash Flow · Source 2023-01-01 – 2023-12-31: 86000000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · APi Group Corporation · 2023-12-31 APi Group Corporation (edgar:1796209) Free cash flow: 428000000 USD Concept: free-cash-flow Period: 2023-01-01 to 2023-12-31 Values: Latest reported Published: 2026-11-02T13:45:48Z Snapshot: 4fc1f4b5ed013a04d36a125ffcb20c7ed0d08d2ec4f1370f96661fe89e047715 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1796209?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: 514000000 USD (2023-01-01 to 2023-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1796209/000162828026011620/apg-20251231.htm#1267294 Filing: 000162828026011620 Input fundies:CapitalExpenditure: 86000000 USD (2023-01-01 to 2023-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1796209/000162828026011620/apg-20251231.htm#1271701 Filing: 000162828026011620 The citation records this snapshot. The page link may show a newer release later.
2024 2024-01-01 – 2024-12-31	USD 250 million Exact value Exact value: 250000000 USD 2024-01-01 – 2024-12-31: 250000000 USD Inspect Net Income Open source Share or cite Citation for Net Income · APi Group Corporation · 2024-12-31 APi Group Corporation (edgar:1796209) Net Income: 250000000 USD Concept: fundies:NetIncome Period: 2024-01-01 to 2024-12-31 Values: Latest reported Published: 2026-11-02T13:45:48Z Snapshot: 4fc1f4b5ed013a04d36a125ffcb20c7ed0d08d2ec4f1370f96661fe89e047715 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1796209/explain?concept=fundies%3ANetIncome&period=2024-12-31&surface=latest&period_type=duration&start=2024-01-01&unit=USD&dimensions= Input fundies:NetIncome: 250000000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1796209/000162828026011620/apg-20251231.htm#2603322 Filing: 000162828026011620 The citation records this snapshot. The page link may show a newer release later.	USD 620 million Exact value Exact value: 620000000 USD 2024-01-01 – 2024-12-31: 620000000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · APi Group Corporation · 2024-12-31 APi Group Corporation (edgar:1796209) Operating Cash Flow: 620000000 USD Concept: fundies:OperatingCashFlow Period: 2024-01-01 to 2024-12-31 Values: Latest reported Published: 2026-11-02T13:45:48Z Snapshot: 4fc1f4b5ed013a04d36a125ffcb20c7ed0d08d2ec4f1370f96661fe89e047715 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1796209/explain?concept=fundies%3AOperatingCashFlow&period=2024-12-31&surface=latest&period_type=duration&start=2024-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 620000000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1796209/000162828026011620/apg-20251231.htm#1266676 Filing: 000162828026011620 The citation records this snapshot. The page link may show a newer release later.	USD 84 million Exact value Exact value: 84000000 USD 2024-01-01 – 2024-12-31: 84000000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · APi Group Corporation · 2024-12-31 APi Group Corporation (edgar:1796209) Capital Expenditure: 84000000 USD Concept: fundies:CapitalExpenditure Period: 2024-01-01 to 2024-12-31 Values: Latest reported Published: 2026-11-02T13:45:48Z Snapshot: 4fc1f4b5ed013a04d36a125ffcb20c7ed0d08d2ec4f1370f96661fe89e047715 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1796209/explain?concept=fundies%3ACapitalExpenditure&period=2024-12-31&surface=latest&period_type=duration&start=2024-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 84000000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1796209/000162828026011620/apg-20251231.htm#1271144 Filing: 000162828026011620 The citation records this snapshot. The page link may show a newer release later.	USD 536 million Calculation and evidence 620000000 − 84000000 USD Exact free cash flow: 536000000 USD 2024-01-01 – 2024-12-31: 620000000 USD · Inspect Operating Cash Flow · Source 2024-01-01 – 2024-12-31: 84000000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · APi Group Corporation · 2024-12-31 APi Group Corporation (edgar:1796209) Free cash flow: 536000000 USD Concept: free-cash-flow Period: 2024-01-01 to 2024-12-31 Values: Latest reported Published: 2026-11-02T13:45:48Z Snapshot: 4fc1f4b5ed013a04d36a125ffcb20c7ed0d08d2ec4f1370f96661fe89e047715 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1796209?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: 620000000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1796209/000162828026011620/apg-20251231.htm#1266676 Filing: 000162828026011620 Input fundies:CapitalExpenditure: 84000000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1796209/000162828026011620/apg-20251231.htm#1271144 Filing: 000162828026011620 The citation records this snapshot. The page link may show a newer release later.
2025 2025-01-01 – 2025-12-31	USD 302 million Exact value Exact value: 302000000 USD 2025-01-01 – 2025-12-31: 302000000 USD Inspect Net Income Open source Share or cite Citation for Net Income · APi Group Corporation · 2025-12-31 APi Group Corporation (edgar:1796209) Net Income: 302000000 USD Concept: fundies:NetIncome Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T13:45:48Z Snapshot: 4fc1f4b5ed013a04d36a125ffcb20c7ed0d08d2ec4f1370f96661fe89e047715 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1796209/explain?concept=fundies%3ANetIncome&period=2025-12-31&surface=latest&period_type=duration&start=2025-01-01&unit=USD&dimensions= Input fundies:NetIncome: 302000000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1796209/000162828026011620/apg-20251231.htm#2602585 Filing: 000162828026011620 The citation records this snapshot. The page link may show a newer release later.	USD 759 million Exact value Exact value: 759000000 USD 2025-01-01 – 2025-12-31: 759000000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · APi Group Corporation · 2025-12-31 APi Group Corporation (edgar:1796209) Operating Cash Flow: 759000000 USD Concept: fundies:OperatingCashFlow Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T13:45:48Z Snapshot: 4fc1f4b5ed013a04d36a125ffcb20c7ed0d08d2ec4f1370f96661fe89e047715 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1796209/explain?concept=fundies%3AOperatingCashFlow&period=2025-12-31&surface=latest&period_type=duration&start=2025-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 759000000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1796209/000162828026011620/apg-20251231.htm#1266058 Filing: 000162828026011620 The citation records this snapshot. The page link may show a newer release later.	USD 96 million Exact value Exact value: 96000000 USD 2025-01-01 – 2025-12-31: 96000000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · APi Group Corporation · 2025-12-31 APi Group Corporation (edgar:1796209) Capital Expenditure: 96000000 USD Concept: fundies:CapitalExpenditure Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T13:45:48Z Snapshot: 4fc1f4b5ed013a04d36a125ffcb20c7ed0d08d2ec4f1370f96661fe89e047715 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1796209/explain?concept=fundies%3ACapitalExpenditure&period=2025-12-31&surface=latest&period_type=duration&start=2025-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 96000000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1796209/000162828026011620/apg-20251231.htm#1270587 Filing: 000162828026011620 The citation records this snapshot. The page link may show a newer release later.	USD 663 million Calculation and evidence 759000000 − 96000000 USD Exact free cash flow: 663000000 USD 2025-01-01 – 2025-12-31: 759000000 USD · Inspect Operating Cash Flow · Source 2025-01-01 – 2025-12-31: 96000000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · APi Group Corporation · 2025-12-31 APi Group Corporation (edgar:1796209) Free cash flow: 663000000 USD Concept: free-cash-flow Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T13:45:48Z Snapshot: 4fc1f4b5ed013a04d36a125ffcb20c7ed0d08d2ec4f1370f96661fe89e047715 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1796209?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: 759000000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1796209/000162828026011620/apg-20251231.htm#1266058 Filing: 000162828026011620 Input fundies:CapitalExpenditure: 96000000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1796209/000162828026011620/apg-20251231.htm#1270587 Filing: 000162828026011620 The citation records this snapshot. The page link may show a newer release later.

Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

40 filings · 8,292 latest values · 8,292 originally reported values

Dataset published 2026-11-02. Source filing dates and reporting periods are shown separately.

Identifiers: 0001796209, 1796209, APG, edgar:1796209

Also known as APi Group Corp, APi Group Corporation

APi Group Corporation

Latest quarter

Revenue

Operating margin

Operating cash flow

Free cash flow

Trailing twelve months

Revenue

Net income

Operating cash flow

Capital expenditure

Free cash flow

Company performance

What changed year over year

Revenue

Net income

Operating cash flow

Capital expenditure

Where revenue goes

2025 2025-01-01 – 2025-12-31

Cash

Share of revenue by period

Growth

Profit and cash

Balance sheet

Cash generation