APi (APG) FCF Margin (2019 - 2026)
APi's (APG) quarterly FCF Margin came in at 2.31% in Q2 2026, down 51.0% on a YoY basis from 4.71% in Q2 2025, and down 31.75% quarter-over-quarter from 3.38% in Q1 2026.
Analysis
APi (APG) FCF Margin (2019 - 2026) Analysis & Trends
APi (APG) has reported FCF Margin for 8 consecutive years, with 2.31% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, FCF Margin fell 51.0% year-over-year to 2.31%; the trailing twelve-month figure through Jun 2026 stood at 8.01% (up 32.0% YoY), and the FY2025 full-year result was 8.38%, up 74.0% from the prior year.
- FCF Margin eased to 2.31% in Q2 2026 per APG's latest filing, from 3.38% in the prior quarter.
- Across five years, FCF Margin topped out at 16.82% in Q4 2025 and bottomed at 8.84% in Q1 2022.
- Historically, FCF Margin has averaged 5.62% across 5 years, with a median of 4.23% in 2026.
- The sharpest annual moves came in 2022 and 2023: FCF Margin tumbled 1058 bps in 2022, then jumped 747 bps in 2023.
- Over 5 years, FCF Margin stood at 9.92% in 2022, then surged by 58 bps to 15.63% in 2023, then fell by 9 bps to 14.24% in 2024, then rose by 18 bps to 16.82% in 2025, then sank by 86 bps to 2.31% in 2026.
- According to Business Quant data, FCF Margin over the past three periods registered 2.31%, 3.38%, and 16.82% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cintas | 80.63 Bn | 80.34 Bn | 1.48 Bn | 21.10% |
| 2 | Iron Mountain | 34.27 Bn | 34.39 Bn | 1.07 Bn | -1.92% |
| 3 | Rollins | 16.72 Bn | 16.61 Bn | 569.95 Mn | 15.40% |
| 4 | APi | 16.37 Bn | 15.51 Bn | 703.00 Mn | 2.31% |
| 5 | Aramark | 15.43 Bn | 15.00 Bn | 430.34 Mn | 0.10% |
| 6 | FirstService | 6.30 Bn | 6.63 Bn | 480.66 Mn | 11.11% |
| 7 | Unifirst | 4.96 Bn | 4.79 Bn | 234.73 Mn | 3.34% |
| 8 | Geo | 4.16 Bn | 3.91 Bn | - | 8.11% |
| 9 | CoreCivic | 3.45 Bn | 3.34 Bn | - | 16.33% |
| 10 | Abm Industries | 2.90 Bn | 2.79 Bn | 286.10 Mn | 5.54% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.31% |
| Mar 31, 2026 | 3.38% |
| Dec 31, 2025 | 16.82% |
| Sep 30, 2025 | 9.64% |
| Jun 30, 2025 | 2.81% |
| Mar 31, 2025 | 2.91% |
| Dec 31, 2024 | 14.24% |
| Sep 30, 2024 | 10.84% |
| Jun 30, 2024 | 5.09% |
| Mar 31, 2024 | -0.94% |
| Dec 31, 2023 | 15.63% |
| Sep 30, 2023 | 7.06% |
| Jun 30, 2023 | 2.77% |
| Mar 31, 2023 | -1.36% |
| Dec 31, 2022 | 9.92% |
| Sep 30, 2022 | 6.92% |
| Jun 30, 2022 | 1.94% |
| Mar 31, 2022 | -8.84% |
| Dec 31, 2021 | 9.17% |
| Sep 30, 2021 | 3.82% |