APi (APG) FCF Margin (2019 - 2026)
APi's FCF Margin was 7.75% in Q3 2026, down 1.89 percentage points from 9.64% a year earlier but up 5.45 percentage points from the prior quarter.
APi (APG) FCF Margin (2019 - 2026) Analysis & Trends
On a trailing twelve-month basis, APi's FCF Margin was 7.56% through Sep 30, 2026, up 0.08 percentage points year-over-year; for FY2025, it came in at 8.38%, up 0.74 percentage points from FY2024.
- FCF Margin has now increased for three consecutive years, though with a five-year change of -4.39 percentage points (FY2020 to FY2025).
- In earlier years, FCF Margin was 7.64% in FY2024 (+1.46 pp), 6.18% in FY2023 (+3.27 pp), 2.91% in FY2022 (-0.31 pp) and 3.22% in FY2021 (-9.54 pp).
- Quarterly FCF Margin has moved between -8.84% (Q1 2022) and 16.82% (Q4 2025) over five years.
- Compared with a year earlier, FCF Margin was higher in three of the last eight quarters, with an average year-over-year change of -0.05 percentage points.
- The best year-over-year quarter for FCF Margin over five years was Q1 2023 (a gain of 7.47 percentage points); the worst was Q1 2022 (a drop of 10.58 percentage points).
- Per Business Quant data, APG's FCF Margin in the three quarters before Q3 2026 was 2.31% (Q2 2026), 3.38% (Q1 2026) and 16.82% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Accenture | 155.22 Bn | 113.15 Bn | 5.98 Bn | 15.23% |
| 2 | Cintas | 91.35 Bn | 90.43 Bn | 1.55 Bn | 15.42% |
| 3 | Iron Mountain | 33.36 Bn | 32.55 Bn | 1.06 Bn | -15.18% |
| 4 | APi | 18.55 Bn | 15.77 Bn | 770.00 Mn | 7.75% |
| 5 | Rollins | 18.35 Bn | 17.90 Bn | 582.90 Mn | 21.61% |
| 6 | UL Solutions | 16.47 Bn | 14.50 Bn | 423.00 Mn | 18.71% |
| 7 | Aramark | 14.08 Bn | 12.03 Bn | 430.34 Mn | 0.10% |
| 8 | Rentokil Initial | 12.08 Bn | 5.60 Bn | - | - |
| 9 | Gartner | 12.05 Bn | 5.53 Bn | 1.07 Bn | 18.29% |
| 10 | Booz Allen Hamilton Holding | 10.29 Bn | 7.81 Bn | 1.45 Bn | 9.47% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 7.75% |
| 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% |
APi FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=APG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "APG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=APG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();