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 98.57 Bn 98.48 Bn 1.55 Bn -
2 Comfort Systems Usa 69.82 Bn 67.96 Bn 844.23 Mn 2.26 Mn
3 Ferrovial 46.93 Bn 41.94 Bn - -
4 Emcor 35.79 Bn 34.87 Bn 1.02 Bn -4.18 Mn
5 Mastec 25.30 Bn 25.14 Bn 556.28 Mn -4.31 Mn
6 Sterling Infrastructure 18.27 Bn 17.76 Bn 194.30 Mn 1.91 Mn
7 APi 17.00 Bn 16.35 Bn 703.00 Mn -
8 Jacobs Solutions 15.69 Bn 14.31 Bn 794.89 Mn 13.02 Mn
9 IES Holdings 12.60 Bn 12.34 Bn 254.79 Mn 6.43 Mn
10 Dycom Industries 12.50 Bn 11.79 Bn - -

Historic Data

Download Data
DateValue
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