APi (APG) Debt to Equity (2019 - 2026)

APi (APG) reported Debt to Equity of $0.79 for Q1 2026, down 14.27% on a YoY basis from $0.92 in Q1 2025, and down 2.2% quarter-over-quarter from $0.81 in Q4 2025.

APi (APG) Debt to Equity (2019 - 2026) Analysis & Trends

APi has reported Debt to Equity for 8 years, with the latest figure at $0.79 in Q1 2026.

  • For the quarter ending Q1 2026, Debt to Equity fell 14.27% year-over-year to $0.79; the trailing twelve-month figure through Mar 2026 stood at $0.79 (down 14.27% YoY), and the FY2025 full-year result was $0.81, down 13.16% from the prior year.
  • Debt to Equity for Q1 2026 stood at $0.79, down from $0.81 in the prior quarter.
  • The five-year high for Debt to Equity was $1.31 in Q4 2022, with the low at $0.0 in Q1 2022.
  • Historically, Debt to Equity has averaged $0.7 across 5 years, with a median of $0.87 in 2025.
  • The largest YoY upside for Debt to Equity was 304500.24% in 2022 against a maximum downside of 91.26% in 2022.
  • APi's Debt to Equity stood at $1.31 in 2022, then fell by 14.31% to $1.12 in 2023, then retreated by 17.03% to $0.93 in 2024, then fell by 13.16% to $0.81 in 2025, then fell by 2.2% to $0.79 in 2026.
  • The last three Debt to Equity figures came in at $0.79 (Q1 2026), $0.81 (Q4 2025), and $0.84 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Quanta Services 103.56 Bn 103.29 Bn 1.11 Bn 0.65
2 Comfort Systems Usa 64.33 Bn 63.28 Bn 754.41 Mn 0.01
3 Emcor 36.81 Bn 35.90 Bn 863.95 Mn -
4 Mastec 27.54 Bn 27.38 Bn 477.90 Mn 0.77
5 Sterling Infrastructure 25.78 Bn 25.28 Bn 194.30 Mn 0.24
6 APi 18.83 Bn 18.18 Bn 620.00 Mn 0.79
7 Jacobs Solutions 14.81 Bn 13.43 Bn 794.89 Mn 1.24
8 IES Holdings 14.35 Bn 14.09 Bn 254.79 Mn 0.03
9 Dycom Industries 13.61 Bn 12.90 Bn - 1.51
10 TopBuild 11.46 Bn 11.19 Bn 400.25 Mn 1.18

Historic Data

Download Data
DateValue
Mar 31, 2026 0.79
Dec 31, 2025 0.81
Sep 30, 2025 0.84
Jun 30, 2025 0.87
Mar 31, 2025 0.92
Dec 31, 2024 0.93
Sep 30, 2024 0.96
Jun 30, 2024 1.00
Mar 31, 2024 1.19
Dec 31, 2023 1.12
Sep 30, 2023 1.16
Jun 30, 2023 0.00
Mar 31, 2023 0.00
Dec 31, 2022 1.31
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 0.01