APi (APG) Debt Ratio (2019 - 2026)

APi (APG) reported Debt Ratio of 0.31 for Q1 2026, down 9.48% on a YoY basis from 0.34 in Q1 2025, and little changed quarter-over-quarter from 0.31 in Q4 2025.

APi (APG) Debt Ratio (2019 - 2026) Analysis & Trends

APi has reported Debt Ratio for 8 years, with the latest figure at 0.31 in Q1 2026.

  • For the quarter ending Q1 2026, Debt Ratio fell 9.48% year-over-year to 0.31; the trailing twelve-month figure through Mar 2026 stood at 0.31 (down 9.48% YoY), and the FY2025 full-year result was 0.31, down 8.57% from the prior year.
  • Debt Ratio for Q1 2026 stood at 0.31, roughly flat from 0.31 in the prior quarter.
  • The five-year high for Debt Ratio was 0.38 in Q1 2024, with the low at 0.0 in Q1 2022.
  • Historically, Debt Ratio has averaged 0.24 across 5 years, with a median of 0.32 in 2025.
  • The largest YoY upside for Debt Ratio was 177732.79% in 2022 against a maximum downside of 94.24% in 2022.
  • APi's Debt Ratio stood at 0.34 in 2022, then declined by 11.06% to 0.31 in 2023, then rose by 10.15% to 0.34 in 2024, then dropped by 8.57% to 0.31 in 2025, then fell by 0.3% to 0.31 in 2026.
  • The last three Debt Ratio figures came in at 0.31 (Q1 2026), 0.31 (Q4 2025), and 0.32 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Quanta Services 103.91 Bn 103.65 Bn 1.11 Bn 0.23
2 Comfort Systems Usa 65.18 Bn 64.13 Bn 754.41 Mn 0.01
3 Emcor 36.65 Bn 35.73 Bn 863.95 Mn -
4 Mastec 28.10 Bn 27.94 Bn 477.90 Mn 0.24
5 Sterling Infrastructure 27.31 Bn 26.80 Bn 194.30 Mn 0.10
6 APi 18.18 Bn 17.54 Bn 620.00 Mn 0.31
7 IES Holdings 14.63 Bn 14.37 Bn 254.79 Mn 0.02
8 Jacobs Solutions 14.18 Bn 12.80 Bn 794.89 Mn 0.34
9 Dycom Industries 13.76 Bn 13.05 Bn - 0.47
10 TopBuild 11.17 Bn 10.90 Bn 400.25 Mn 0.42

Historic Data

Download Data
DateValue
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 0.33
Jun 30, 2023 0.00
Mar 31, 2023 0.00
Dec 31, 2022 0.34
Sep 30, 2022 0.00
Jun 30, 2022 0.00
Mar 31, 2022 0.00
Dec 31, 2021 0.00
Sep 30, 2021 0.00
Jun 30, 2021 0.00