Stocks · Industrials · Engineering & Construction
APi Group Corporation APG
$40.48 +1.17% Close, Oct 2, 2026 · NYSE · Market cap $17.49B
Next earnings report: Oct 29, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Diluted EPS over the last four quarters was $-0.67, down 299.2% year over year.
- Earnings beat analyst estimates in each of the last 6 quarters (average surprise over the last four: +4.5%).
- Net debt is 3.3× EBITDA, a high level of leverage.
PromtFinance scores
Each score is a percentile within the Industrials sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Top 31%
- EPS growth (TTM, YoY)Bottom 3%
- FCF growth (TTM, YoY)Top 43%
- Revenue growth, 3-year CAGRTop 41%
- Revenue growth accelerationBottom 28%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalBottom 48%
- Gross marginTop 47%
- Operating marginBottom 48%
- Cash conversion (OCF / net income)Top 25%
- Accruals (lower is better)Top 47%
- Net debt / EBITDA (lower is better)Bottom 27%
- Interest coverTop 35%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldBottom 28%
- Free-cash-flow yieldTop 42%
- EBITDA / enterprise valueBottom 36%
- Sales / enterprise valueBottom 45%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthTop 44%
- 6-month returnBottom 41%
- 1-year return vs S&P 500Top 41%
- Distance from 52-week highTop 37%
- Trend checklist (0–4)Top 42%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersBottom 47%
- Consecutive EPS beatsTop 20%
- Share of analysts rating BuyTop 4%
- Upside to consensus price targetBottom 48%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 15%
- Maximum drawdown, 3 yearsTop 7%
- Beta vs S&P 500 (lower is better)Top 48%
- Net debt / EBITDA (lower is better)Bottom 27%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 14.5% | 14.1% | ↓ |
| EPS growth (YoY) | -317.5% | -299.2% | ↑ |
| Gross margin | 30.3% | 29.3% | ↓ |
| Operating margin | 6.6% | 6.8% | ↑ |
| FCF margin | 7.7% | 8.0% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 14.1% | 14.5% | ↓ | Top 31% |
| EPS growth (TTM, YoY) | -299.2% | -317.5% | ↑ | Bottom 3% |
| Gross margin | 29.3% | 30.3% | ↓ | Top 47% |
| Operating margin | 6.8% | 6.6% | ↑ | Bottom 48% |
| Net margin | 4.1% | 3.4% | ↑ | — |
| Free-cash-flow margin | 8.0% | 7.7% | ↑ | — |
| Return on invested capital | 5.5% | — | Bottom 48% | |
| Revenue growth, 3-year CAGR | 6.5% | — | Top 41% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 2.26×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -4.4%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 0.5%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- -31.0 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 3.35×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 6.5×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 0.00%
- Net buyback yield (TTM)
- 0.67%
- Shareholder yield
- 0.67%
- Share count change, 1 year
- +4.8%
- Share count change, 3-year CAGR
- +2.5%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Jul 30, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 6
- Beats in the last 8 reports
- 6 of 8
- Average EPS surprise, last 4
- +4.5%
- Average 2-day reaction, last 8
- +1.4%
- Positive 20 days after report
- 5 of 8
Analysts
- Consensus price target
- $52.20
- Target vs current price
- +29.0%
- Analysts with a rating
- 8
- Share rating Buy or Strong Buy
- 100%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Jul 30, 2026 | +1.3% | +2.0% | +8.7% | +7.2% | — |
| Apr 30, 2026 | +5.1% | -6.0% | -4.8% | -14.5% | -17.9% |
| Feb 25, 2026 | +6.5% | -0.5% | -3.8% | -6.5% | -6.6% |
| Oct 30, 2025 | +5.1% | +1.8% | +5.6% | +13.8% | +21.5% |
| Jul 31, 2025 | +5.4% | +4.8% | +0.8% | +5.6% | +0.3% |
| May 1, 2025 | +8.7% | +6.6% | +14.7% | +23.6% | +37.4% |
| Feb 26, 2025 | -34.6% | -0.3% | -8.3% | -5.4% | +14.9% |
| Oct 31, 2024 | +0.0% | +2.8% | +11.3% | +13.1% | +12.9% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Jul 30, 2026 | $0.44 | $0.43 | +1.3% | $2.25B |
| Apr 30, 2026 | $0.32 | $0.30 | +5.1% | $1.98B |
| Feb 25, 2026 | $0.44 | $0.41 | +6.5% | $2.12B |
| Oct 30, 2025 | $0.41 | $0.39 | +5.1% | $2.08B |
| Jul 31, 2025 | $0.39 | $0.37 | +5.4% | $1.99B |
| May 1, 2025 | $0.25 | $0.23 | +8.7% | $1.72B |
| Feb 26, 2025 | $0.34 | $0.52 | -34.6% | $1.86B |
| Oct 31, 2024 | $0.34 | $0.34 | +0.0% | $1.83B |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (forward) | 23.5× | — | — | — |
| EV / EBITDA | 22.9× | — | — | Bottom 36% |
| EV / Sales | 2.43× | — | — | Bottom 45% |
| Free-cash-flow yield | 3.86% | — | — | Top 42% |
| Earnings yield | -1.66% | — | — | Bottom 28% |
P/E over the past five years
Range 69.5× – 258.9× since Dec 31, 2022. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- +17.7%
- Earnings per share growth (TTM)
- -299.2%
- Change in P/E multiple
- -3.4%
Most of the move came from a change in the valuation multiple.
Technical state
Trend checklist
- ✓ Price above 20-day average
- ✓ Price above 50-day average
- ✗ Price above 200-day average
- ✗ 50-day average above 200-day
- ✓ MACD histogram positive
Trend quality
- Days above the 50-day average
- 2
- Days above the 200-day average
- 0
- 50-day average slope (20 days)
- -2.7%
- 200-day average slope (20 days)
- -0.1%
- Distance from 50-day average
- +1.4%
- Distance from 200-day average
- -3.3%
- RSI (14)
- 62.4
- Relative volume
- 0.79×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 26.8%
- Volatility vs own 5-year history
- 27th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 1.04
- Correlation with S&P 500
- 0.57
- Current drawdown from 1-year high
- -18.1%
- Maximum drawdown, 3 years
- -25.6%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Jan 4, 2022 | Sep 30, 2022 | -49.6% | 186 days | 185 days (Jun 28, 2023) |
| Apr 27, 2026 | Sep 16, 2026 | -25.6% | 98 days | Not yet recovered |
| Feb 20, 2025 | Apr 8, 2025 | -21.2% | 33 days | 17 days (May 2, 2025) |
| Apr 8, 2024 | Oct 3, 2024 | -20.4% | 124 days | 93 days (Feb 19, 2025) |
| Jun 8, 2021 | Jul 19, 2021 | -15.3% | 28 days | 8 days (Jul 29, 2021) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $17.49B
- EPS, diluted (TTM)
- -$0.67
- Revenue (TTM)
- $8.44B
- 52-week range
- $33.52 – $49.99
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $3.94B | $6.56B | $6.93B | $7.02B | $7.91B |
| Gross profit | $939.0M | $1.71B | $1.94B | $2.18B | $2.49B |
| Operating income | $136.0M | $162.0M | $359.0M | $484.0M | $554.0M |
| Net income | $47.0M | $73.0M | $153.0M | $250.0M | $302.0M |
| EPS (diluted) | -$0.44 | $0.07 | -$0.46 | -$0.56 | -$0.69 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.83B | $1.86B | $1.72B | $1.99B | $2.08B | $2.12B | $1.98B | $2.25B |
| Net income | $69.0M | $67.0M | $35.0M | $77.0M | $93.0M | $97.0M | $57.0M | $99.0M |
| EPS (diluted) | $0.17 | -$0.07 | $0.07 | $0.16 | $0.20 | -$1.19 | $0.12 | $0.20 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $182.0M | $270.0M | $514.0M | $620.0M | $759.0M |
| Capital expenditure | -$55.0M | -$79.0M | -$86.0M | -$84.0M | -$96.0M |
| Free cash flow | $127.0M | $191.0M | $428.0M | $536.0M | $663.0M |
| Dividends paid | $0 | $0 | $0 | $0 | $0 |
| Net share buybacks | $676.0M | $753.0M | -$41.0M | -$142.0M | -$75.0M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $851.0M
- Total assets
- $9.95B
- Total liabilities
- $6.43B
- Total debt
- $3.84B
- Net debt
- $2.99B
- Shareholders’ equity
- $3.52B
As of Jun 30, 2026 (filed Jul 30, 2026).
Short interest
- Shares sold short
- 10,683,444
- Days to cover
- 2.62
- Change vs previous report
- +3.8%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- Jul 1, 2025
- 3-for-2