APi (APG) Equity Ratio (2019 - 2026)

APi (APG) reported Equity Ratio of 0.39 for Q1 2026, up 5.58% on a YoY basis from 0.37 in Q1 2025, and up 1.95% quarter-over-quarter from 0.38 in Q4 2025.

APi (APG) Equity Ratio (2019 - 2026) Analysis & Trends

APi has reported Equity Ratio for 8 years, with the latest figure at 0.39 in Q1 2026.

  • For the quarter ending Q1 2026, Equity Ratio rose 5.58% year-over-year to 0.39; the trailing twelve-month figure through Mar 2026 stood at 0.39 (up 5.58% YoY), and the FY2025 full-year result was 0.38, up 5.28% from the prior year.
  • Equity Ratio for Q1 2026 stood at 0.39, up from 0.38 in the prior quarter.
  • The five-year high for Equity Ratio was 0.39 in Q1 2026, with the low at 0.26 in Q4 2022.
  • Historically, Equity Ratio has averaged 0.32 across 5 years, with a median of 0.32 in 2024.
  • Annual changes were most pronounced in 2022 — Equity Ratio plunged 43.62% — and 2024, when it surged 32.76%.
  • APi's Equity Ratio stood at 0.26 in 2022, then increased by 3.79% to 0.27 in 2023, then surged by 32.76% to 0.36 in 2024, then gained by 5.28% to 0.38 in 2025, then grew by 1.95% to 0.39 in 2026.
  • The last three Equity Ratio figures came in at 0.39 (Q1 2026), 0.38 (Q4 2025), and 0.38 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 Quanta Services 103.91 Bn 103.65 Bn 1.11 Bn 0.35
2 Comfort Systems Usa 65.18 Bn 64.13 Bn 754.41 Mn 0.41
3 Emcor 36.65 Bn 35.73 Bn 863.95 Mn 0.41
4 Mastec 28.10 Bn 27.94 Bn 477.90 Mn 0.32
5 Sterling Infrastructure 27.31 Bn 26.80 Bn 194.30 Mn 0.43
6 APi 18.18 Bn 17.54 Bn 620.00 Mn 0.39
7 IES Holdings 14.63 Bn 14.37 Bn 254.79 Mn 0.54
8 Jacobs Solutions 14.18 Bn 12.80 Bn 794.89 Mn 0.28
9 Dycom Industries 13.76 Bn 13.05 Bn - 0.31
10 TopBuild 11.17 Bn 10.90 Bn 400.25 Mn 0.36

Historic Data

Download Data
DateValue
Mar 31, 2026 0.39
Dec 31, 2025 0.38
Sep 30, 2025 0.38
Jun 30, 2025 0.37
Mar 31, 2025 0.37
Dec 31, 2024 0.36
Sep 30, 2024 0.36
Jun 30, 2024 0.36
Mar 31, 2024 0.32
Dec 31, 2023 0.27
Sep 30, 2023 0.28
Jun 30, 2023 0.28
Mar 31, 2023 0.28
Dec 31, 2022 0.26
Sep 30, 2022 0.27
Jun 30, 2022 0.27
Mar 31, 2022 0.28
Dec 31, 2021 0.45
Sep 30, 2021 0.48
Jun 30, 2021 0.43