APi (APG) Debt Ratio (2019 - 2026)
APi's (APG) quarterly Debt Ratio came in at 0.38 in Q2 2026, up 19.05% YoY from 0.32 in Q2 2025, and up 24.82% on a QoQ basis from 0.31 in Q1 2026.
APi (APG) Debt Ratio (2019 - 2026) Analysis & Trends
APi (APG) has 8 years of Debt Ratio data on file, last reported at 0.38 in Q2 2026.
- Quarterly Debt Ratio rose 19.05% year-over-year to 0.38 in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 0.38 (up 19.05% YoY) and the FY2025 annual result came in at 0.31, down 8.54% from the prior year.
- Debt Ratio grew to 0.38 in Q2 2026, from 0.31 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 0.39 in Q1 2024 to a low of 0.31 in Q4 2023.
- A 5-year average of 0.34 and a median of 0.34 in 2022 frame the typical range for Debt Ratio.
- Annual changes were most pronounced in 2023 — Debt Ratio retreated 17.0% — and 2026, when it increased 19.05%.
- Tracing APG's Debt Ratio over 5 years: stood at 0.37 in 2022, then retreated by 17.0% to 0.31 in 2023, then advanced by 10.07% to 0.34 in 2024, then dropped by 8.54% to 0.31 in 2025, then rose by 24.45% to 0.38 in 2026.
- The last three Debt Ratio figures came in at 0.38 (Q2 2026), 0.31 (Q1 2026), and 0.31 (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 98.57 Bn | 98.48 Bn | 1.55 Bn | 0.22 |
| 2 | Comfort Systems Usa | 69.82 Bn | 67.96 Bn | 844.23 Mn | 0.01 |
| 3 | Ferrovial | 46.93 Bn | 41.94 Bn | - | 0.04 |
| 4 | Emcor | 35.79 Bn | 34.87 Bn | 1.02 Bn | - |
| 5 | Mastec | 25.30 Bn | 25.14 Bn | 556.28 Mn | 0.25 |
| 6 | Sterling Infrastructure | 18.27 Bn | 17.76 Bn | 194.30 Mn | 0.10 |
| 7 | APi | 17.00 Bn | 16.35 Bn | 703.00 Mn | 0.38 |
| 8 | Jacobs Solutions | 15.69 Bn | 14.31 Bn | 794.89 Mn | 0.34 |
| 9 | IES Holdings | 12.60 Bn | 12.34 Bn | 254.79 Mn | 0.02 |
| 10 | Dycom Industries | 12.50 Bn | 11.79 Bn | - | 0.47 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.38 |
| Mar 31, 2026 | 0.31 |
| Dec 31, 2025 | 0.31 |
| Sep 30, 2025 | 0.32 |
| Jun 30, 2025 | 0.32 |
| Mar 31, 2025 | 0.34 |
| Dec 31, 2024 | 0.34 |
| Sep 30, 2024 | 0.35 |
| Jun 30, 2024 | 0.36 |
| Mar 31, 2024 | 0.38 |
| Dec 31, 2023 | 0.31 |
| Sep 30, 2023 | 0.36 |
| Jun 30, 2023 | 0.33 |
| Mar 31, 2023 | 0.33 |
| Dec 31, 2022 | 0.34 |
| Sep 30, 2022 | 0.35 |
| Jun 30, 2022 | 0.35 |
| Mar 31, 2022 | 0.35 |
| Dec 31, 2021 | 0.34 |
| Sep 30, 2021 | 0.31 |