APi (APG) FCF Margin (2019 - 2026)
APi's FCF Margin was 2.31% in Q2 2026, down 0.51 percentage points from 2.81% a year earlier and down 1.07 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 8.01% through Jun 30, 2026, up 0.32 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).
- The Q2 2026 figure marks the lowest quarterly FCF Margin since Q1 2024.
- Compared with a year earlier, FCF Margin was higher in four of the last eight quarters, with an average year-over-year change of +0.66 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 Q2 2026 was 3.38% (Q1 2026), 16.82% (Q4 2025) and 9.64% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Accenture | 166.50 Bn | 126.90 Bn | 6.13 Bn | 19.23% |
| 2 | Cintas | 89.53 Bn | 88.62 Bn | 1.55 Bn | 15.42% |
| 3 | Iron Mountain | 32.72 Bn | 32.24 Bn | 1.07 Bn | -1.92% |
| 4 | APi | 17.05 Bn | 14.09 Bn | 703.00 Mn | 2.31% |
| 5 | Rollins | 16.64 Bn | 16.18 Bn | 582.90 Mn | 21.61% |
| 6 | UL Solutions | 14.83 Bn | 13.61 Bn | 417.00 Mn | 11.15% |
| 7 | Gartner | 14.54 Bn | 8.23 Bn | 1.19 Bn | 22.58% |
| 8 | Aramark | 13.86 Bn | 11.87 Bn | 430.34 Mn | 0.10% |
| 9 | Rentokil Initial | 11.50 Bn | 5.01 Bn | - | - |
| 10 | Tetra Tech | 9.47 Bn | 8.58 Bn | 243.21 Mn | 17.20% |
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% |
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();