APi (APG) Asset Utilization Ratio (2019 - 2026)
APi (APG) reported Asset Utilization Ratio of 0.91 for Q1 2026, up 3.98% on a YoY basis from 0.88 in Q1 2025, and up 1.91% quarter-over-quarter from 0.9 in Q4 2025.
APi (APG) Asset Utilization Ratio (2019 - 2026) Analysis & Trends
APi has reported Asset Utilization Ratio for 8 years, with the latest figure at 0.91 in Q1 2026.
- For the quarter ending Q1 2026, Asset Utilization Ratio rose 3.98% year-over-year to 0.91; the trailing twelve-month figure through Mar 2026 stood at 0.91 (up 3.98% YoY), and the FY2025 full-year result was 0.93, up 3.85% from the prior year.
- Asset Utilization Ratio for Q1 2026 stood at 0.91, up from 0.9 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 0.94 in Q1 2024, with the low at 0.65 in Q2 2022.
- Historically, Asset Utilization Ratio has averaged 0.85 across 5 years, with a median of 0.87 in 2023.
- Annual changes were most pronounced in 2022 — Asset Utilization Ratio fell 23.84% — and 2023, when it jumped 32.99%.
- APi's Asset Utilization Ratio stood at 0.82 in 2022, then grew by 8.99% to 0.89 in 2023, then fell by 4.0% to 0.86 in 2024, then advanced by 4.68% to 0.9 in 2025, then gained by 1.91% to 0.91 in 2026.
- The last three Asset Utilization Ratio figures came in at 0.91 (Q1 2026), 0.9 (Q4 2025), and 0.89 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 103.91 Bn | 103.65 Bn | 1.11 Bn | 1.19 |
| 2 | Comfort Systems Usa | 65.18 Bn | 64.13 Bn | 754.41 Mn | 0.43 |
| 3 | Emcor | 36.65 Bn | 35.73 Bn | 863.95 Mn | 0.20 |
| 4 | Mastec | 28.10 Bn | 27.94 Bn | 477.90 Mn | 1.50 |
| 5 | Sterling Infrastructure | 27.31 Bn | 26.80 Bn | 194.30 Mn | 1.06 |
| 6 | APi | 18.18 Bn | 17.54 Bn | 620.00 Mn | 0.91 |
| 7 | IES Holdings | 14.63 Bn | 14.37 Bn | 254.79 Mn | 1.99 |
| 8 | Jacobs Solutions | 14.18 Bn | 12.80 Bn | 794.89 Mn | 1.12 |
| 9 | Dycom Industries | 13.76 Bn | 13.05 Bn | - | - |
| 10 | TopBuild | 11.17 Bn | 10.90 Bn | 400.25 Mn | 0.84 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.91 |
| Dec 31, 2025 | 0.90 |
| Sep 30, 2025 | 0.89 |
| Jun 30, 2025 | 0.89 |
| Mar 31, 2025 | 0.88 |
| Dec 31, 2024 | 0.86 |
| Sep 30, 2024 | 0.85 |
| Jun 30, 2024 | 0.91 |
| Mar 31, 2024 | 0.94 |
| Dec 31, 2023 | 0.89 |
| Sep 30, 2023 | 0.86 |
| Jun 30, 2023 | 0.87 |
| Mar 31, 2023 | 0.85 |
| Dec 31, 2022 | 0.82 |
| Sep 30, 2022 | 0.75 |
| Jun 30, 2022 | 0.65 |
| Mar 31, 2022 | 0.69 |
| Dec 31, 2021 | 0.79 |
| Sep 30, 2021 | 0.82 |
| Jun 30, 2021 | 0.86 |