APi (APG) Change in Account Payables (2019 - 2026)

APi (APG) reported Change in Account Payables of -$20.0 million for Q1 2026, up 65.52% on a YoY basis from -$12.1 million in Q1 2025, and down 53.85% quarter-over-quarter from -$13.0 million in Q4 2025.

APi (APG) Change in Account Payables (2019 - 2026) Analysis & Trends

APi has reported Change in Account Payables for 8 years, with the latest figure at -$20.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Change in Account Payables rose 65.52% year-over-year to -$20.0 million; the trailing twelve-month figure through Mar 2026 stood at $43.0 million (down 2.27% YoY), and the FY2025 full-year result was $5.0 million, down 68.75% from the prior year.
  • Change in Account Payables for Q1 2026 stood at -$20.0 million, down from -$13.0 million in the prior quarter.
  • The five-year high for Change in Account Payables was $66.0 million in Q2 2022, with the low at -$86.0 million in Q1 2024.
  • Historically, Change in Account Payables has averaged $3.4 million across 5 years, with a median of $11.0 million in 2025.
  • Annual changes were most pronounced in 2022 — Change in Account Payables tumbled 288.24% — and 2023, when it jumped 1000.0%.
  • APi's Change in Account Payables stood at $3.0 million in 2022, then jumped by 1000.0% to $33.0 million in 2023, then soared by 51.52% to $50.0 million in 2024, then sank by 126.0% to -$13.0 million in 2025, then tumbled by 53.85% to -$20.0 million in 2026.
  • The last three Change in Account Payables figures came in at -$20.0 million (Q1 2026), -$13.0 million (Q4 2025), and $11.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Account Payables (Qtr)
1 Quanta Services 103.56 Bn 103.29 Bn 1.11 Bn -
2 Comfort Systems Usa 64.33 Bn 63.28 Bn 754.41 Mn -
3 Emcor 36.81 Bn 35.90 Bn 863.95 Mn -
4 Mastec 27.54 Bn 27.38 Bn 477.90 Mn -
5 Sterling Infrastructure 25.78 Bn 25.28 Bn 194.30 Mn -
6 APi 18.83 Bn 18.18 Bn 620.00 Mn -20.00 Mn
7 Jacobs Solutions 14.81 Bn 13.43 Bn 794.89 Mn 221.67 Mn
8 IES Holdings 14.35 Bn 14.09 Bn 254.79 Mn -
9 Dycom Industries 13.61 Bn 12.90 Bn - -
10 TopBuild 11.46 Bn 11.19 Bn 400.25 Mn 31.46 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -20.00 Mn
Mar 31, 2026 -20.00 Mn
Dec 31, 2025 -13.00 Mn
Dec 31, 2025 -13.00 Mn
Sep 30, 2025 11.00 Mn
Sep 30, 2025 11.00 Mn
Jun 30, 2025 65.00 Mn
Jun 30, 2025 65.00 Mn
Mar 31, 2025 -58.00 Mn
Mar 31, 2025 -58.00 Mn
Dec 31, 2024 50.00 Mn
Dec 31, 2024 50.00 Mn
Sep 30, 2024 19.00 Mn
Sep 30, 2024 19.00 Mn
Jun 30, 2024 33.00 Mn
Jun 30, 2024 33.00 Mn
Mar 31, 2024 -86.00 Mn
Mar 31, 2024 -86.00 Mn
Dec 31, 2023 33.00 Mn
Dec 31, 2023 33.00 Mn