APi (APG) Deferred Taxes (2019 - 2025)
APi (APG) reported Deferred Taxes of -$13.0 million for Q4 2025, down 141.94% on a YoY basis from $31.0 million in Q4 2024, and down 333.33% quarter-over-quarter from -$3.0 million in Q3 2025.
APi (APG) Deferred Taxes (2019 - 2025) Analysis & Trends
APi has reported Deferred Taxes for 7 years, with the latest figure at -$13.0 million in Q4 2025.
- For the quarter ending Q4 2025, Deferred Taxes fell 141.94% year-over-year to -$13.0 million; the trailing twelve-month figure through Dec 2025 stood at $13.0 million (down 79.69% YoY), and the FY2025 full-year result was -$15.0 million, down 150.0% from the prior year.
- Deferred Taxes for Q4 2025 stood at -$13.0 million, down from -$3.0 million in the prior quarter.
- The five-year high for Deferred Taxes was $38.0 million in Q4 2022, with the low at -$13.0 million in Q4 2025.
- Historically, Deferred Taxes has averaged $8.0 million across 5 years, with a median of -$2.0 million in 2022.
- Annual changes were most pronounced in 2022 — Deferred Taxes soared 642.86% — and 2025, when it slumped 141.94%.
- APi's Deferred Taxes stood at -$7.0 million in 2021, then soared by 642.86% to $38.0 million in 2022, then fell by 2.63% to $37.0 million in 2023, then declined by 16.22% to $31.0 million in 2024, then tumbled by 141.94% to -$13.0 million in 2025.
- The last three Deferred Taxes figures came in at -$13.0 million (Q4 2025), -$3.0 million (Q3 2025), and $31.0 million (Q4 2024), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 103.91 Bn | 103.65 Bn | 1.11 Bn | - |
| 2 | Comfort Systems Usa | 65.18 Bn | 64.13 Bn | 754.41 Mn | 956,000.00 |
| 3 | Emcor | 36.65 Bn | 35.73 Bn | 863.95 Mn | -6.95 Mn |
| 4 | Mastec | 28.10 Bn | 27.94 Bn | 477.90 Mn | -1.45 Mn |
| 5 | Sterling Infrastructure | 27.31 Bn | 26.80 Bn | 194.30 Mn | 1.91 Mn |
| 6 | APi | 18.18 Bn | 17.54 Bn | 620.00 Mn | - |
| 7 | IES Holdings | 14.63 Bn | 14.37 Bn | 254.79 Mn | 6.43 Mn |
| 8 | Jacobs Solutions | 14.18 Bn | 12.80 Bn | 794.89 Mn | -45.37 Mn |
| 9 | Dycom Industries | 13.76 Bn | 13.05 Bn | - | - |
| 10 | TopBuild | 11.17 Bn | 10.90 Bn | 400.25 Mn | 20,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -13.00 Mn |
| Sep 30, 2025 | -3.00 Mn |
| Dec 31, 2024 | 31.00 Mn |
| Sep 30, 2024 | -2.00 Mn |
| Dec 31, 2023 | 37.00 Mn |
| Sep 30, 2023 | -2.00 Mn |
| Dec 31, 2022 | 38.00 Mn |
| Sep 30, 2022 | -2.00 Mn |
| Jun 30, 2022 | 1.00 Mn |
| Mar 31, 2022 | 10.00 Mn |
| Dec 31, 2021 | -7.00 Mn |
| Dec 31, 2020 | 25.00 Mn |
| Sep 30, 2020 | -1.00 Mn |
| Jun 30, 2020 | -3.00 Mn |
| Mar 31, 2020 | 53.00 Mn |
| Dec 31, 2019 | 3.00 Mn |