APi (APG) Deferred Taxes (2019 - 2025)
APi's (APG) quarterly Deferred Taxes came in at -$13.0 million in Q4 2025, down 141.94% YoY from $31.0 million in Q4 2024, and down 333.33% on a QoQ basis from -$3.0 million in Q3 2025.
APi (APG) Deferred Taxes (2019 - 2025) Analysis & Trends
APi (APG) has 7 years of Deferred Taxes data on file, last reported at -$13.0 million in Q4 2025.
- Quarterly Deferred Taxes fell 141.94% year-over-year to -$13.0 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $13.0 million (down 79.69% YoY) and the FY2025 annual result came in at -$15.0 million, down 150.0% from the prior year.
- Deferred Taxes declined to -$13.0 million in Q4 2025, from -$3.0 million in the prior quarter.
- In the past five years, Deferred Taxes ranged from a high of $38.0 million in Q4 2022 to a low of -$13.0 million in Q4 2025.
- A 5-year average of $8.0 million and a median of -$2.0 million in 2022 frame the typical range for Deferred Taxes.
- Annual changes were most pronounced in 2022 — Deferred Taxes soared 642.86% — and 2025, when it slumped 141.94%.
- Tracing APG's Deferred Taxes over 5 years: 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 96.39 Bn | 95.88 Bn | 1.55 Bn | - |
| 2 | Comfort Systems Usa | 58.32 Bn | 56.46 Bn | 844.23 Mn | 2.26 Mn |
| 3 | Ferrovial | 45.15 Bn | 40.18 Bn | - | - |
| 4 | Emcor | 34.54 Bn | 33.61 Bn | 1.02 Bn | -4.18 Mn |
| 5 | IES Holdings | 27.27 Bn | 26.88 Bn | 340.66 Mn | -8.01 Mn |
| 6 | Mastec | 20.83 Bn | 20.51 Bn | 556.28 Mn | -4.31 Mn |
| 7 | APi | 17.90 Bn | 17.04 Bn | 703.00 Mn | - |
| 8 | Jacobs Solutions | 17.64 Bn | 16.47 Bn | 810.70 Mn | -41.69 Mn |
| 9 | Sterling Infrastructure | 15.87 Bn | 15.41 Bn | 289.96 Mn | 4.36 Mn |
| 10 | Dycom Industries | 11.35 Bn | 10.64 Bn | - | - |
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 |