APi (APG) EBT Margin (2019 - 2026)

APi (APG) reported EBT Margin of 3.58% for Q1 2026, up 91.0% on a YoY basis from 1.88% in Q1 2025, and down 41.21% quarter-over-quarter from 6.09% in Q4 2025.

APi (APG) EBT Margin (2019 - 2026) Analysis & Trends

APi has reported EBT Margin for 8 years, with the latest figure at 3.58% in Q1 2026.

  • For the quarter ending Q1 2026, EBT Margin rose 91.0% year-over-year to 3.58%; the trailing twelve-month figure through Mar 2026 stood at 5.36% (up 97.0% YoY), and the FY2025 full-year result was 5.22%, up 52.0% from the prior year.
  • EBT Margin for Q1 2026 stood at 3.58%, down from 6.09% in the prior quarter.
  • The five-year high for EBT Margin was 6.24% in Q3 2025, with the low at 1.56% in Q1 2022.
  • Historically, EBT Margin has averaged 3.61% across 5 years, with a median of 3.94% in 2024.
  • Annual changes were most pronounced in 2022 — EBT Margin slumped 144 bps — and 2023, when it soared 392 bps.
  • APi's EBT Margin stood at 1.53% in 2022, then surged by 68 bps to 2.56% in 2023, then surged by 64 bps to 4.19% in 2024, then soared by 45 bps to 6.09% in 2025, then sank by 41 bps to 3.58% in 2026.
  • The last three EBT Margin figures came in at 3.58% (Q1 2026), 6.09% (Q4 2025), and 6.24% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT Margin (Qtr)
1 Quanta Services 103.91 Bn 103.65 Bn 1.11 Bn 3.26%
2 Comfort Systems Usa 65.18 Bn 64.13 Bn 754.41 Mn 16.83%
3 Emcor 36.65 Bn 35.73 Bn 863.95 Mn 8.86%
4 Mastec 28.10 Bn 27.94 Bn 477.90 Mn 2.39%
5 Sterling Infrastructure 27.31 Bn 26.80 Bn 194.30 Mn 16.65%
6 APi 18.18 Bn 17.54 Bn 620.00 Mn 3.58%
7 IES Holdings 14.63 Bn 14.37 Bn 254.79 Mn 15.26%
8 Jacobs Solutions 14.18 Bn 12.80 Bn 794.89 Mn -3.53%
9 Dycom Industries 13.76 Bn 13.05 Bn - -
10 TopBuild 11.17 Bn 10.90 Bn 400.25 Mn 9.67%

Historic Data

Download Data
DateValue
Mar 31, 2026 3.58%
Dec 31, 2025 6.09%
Sep 30, 2025 6.24%
Jun 30, 2025 5.43%
Mar 31, 2025 2.68%
Dec 31, 2024 4.19%
Sep 30, 2024 5.48%
Jun 30, 2024 5.14%
Mar 31, 2024 3.94%
Dec 31, 2023 2.56%
Sep 30, 2023 4.15%
Jun 30, 2023 4.23%
Mar 31, 2023 2.35%
Dec 31, 2022 1.53%
Sep 30, 2022 2.65%
Jun 30, 2022 2.67%
Mar 31, 2022 -1.56%
Dec 31, 2021 2.97%
Sep 30, 2021 2.87%
Jun 30, 2021 3.07%