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| Date | Value |
|---|---|
| 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 |