APi (APG) Free Cash Flow (2019 - 2026)
APi (APG) reported Free Cash Flow of $67.0 million for Q1 2026, up 34.0% on a YoY basis from $50.0 million in Q1 2025, and down 81.18% quarter-over-quarter from $356.0 million in Q4 2025.
APi (APG) Free Cash Flow (2019 - 2026) Analysis & Trends
APi has reported Free Cash Flow for 8 years, with the latest figure at $67.0 million in Q1 2026.
- For the quarter ending Q1 2026, Free Cash Flow rose 34.0% year-over-year to $67.0 million; the trailing twelve-month figure through Mar 2026 stood at $680.0 million (up 13.14% YoY), and the FY2025 full-year result was $663.0 million, up 23.69% from the prior year.
- Free Cash Flow for Q1 2026 stood at $67.0 million, down from $356.0 million in the prior quarter.
- The five-year high for Free Cash Flow was $356.0 million in Q4 2025, with the low at -$130.0 million in Q1 2022.
- Historically, Free Cash Flow has averaged $110.9 million across 5 years, with a median of $88.0 million in 2024.
- Annual changes were most pronounced in 2022 — Free Cash Flow plunged 1028.57% — and 2025, when it soared 433.33%.
- APi's Free Cash Flow stood at $169.0 million in 2022, then jumped by 62.72% to $275.0 million in 2023, then declined by 3.64% to $265.0 million in 2024, then soared by 34.34% to $356.0 million in 2025, then sank by 81.18% to $67.0 million in 2026.
- The last three Free Cash Flow figures came in at $67.0 million (Q1 2026), $356.0 million (Q4 2025), and $201.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 103.91 Bn | 103.65 Bn | 1.11 Bn | 171.65 Mn |
| 2 | Comfort Systems Usa | 65.18 Bn | 64.13 Bn | 754.41 Mn | 241.36 Mn |
| 3 | Emcor | 36.65 Bn | 35.73 Bn | 863.95 Mn | -28.15 Mn |
| 4 | Mastec | 28.10 Bn | 27.94 Bn | 477.90 Mn | 78.85 Mn |
| 5 | Sterling Infrastructure | 27.31 Bn | 26.80 Bn | 194.30 Mn | 145.94 Mn |
| 6 | APi | 18.18 Bn | 17.54 Bn | 620.00 Mn | 67.00 Mn |
| 7 | IES Holdings | 14.63 Bn | 14.37 Bn | 254.79 Mn | 71.45 Mn |
| 8 | Jacobs Solutions | 14.18 Bn | 12.80 Bn | 794.89 Mn | -504.90 Mn |
| 9 | Dycom Industries | 13.76 Bn | 13.05 Bn | - | - |
| 10 | TopBuild | 11.17 Bn | 10.90 Bn | 400.25 Mn | 146.74 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 67.00 Mn |
| Mar 31, 2026 | 67.00 Mn |
| Dec 31, 2025 | 356.00 Mn |
| Dec 31, 2025 | 356.00 Mn |
| Sep 30, 2025 | 201.00 Mn |
| Sep 30, 2025 | 201.00 Mn |
| Jun 30, 2025 | 56.00 Mn |
| Jun 30, 2025 | 56.00 Mn |
| Mar 31, 2025 | 50.00 Mn |
| Mar 31, 2025 | 50.00 Mn |
| Dec 31, 2024 | 265.00 Mn |
| Dec 31, 2024 | 265.00 Mn |
| Sep 30, 2024 | 198.00 Mn |
| Sep 30, 2024 | 198.00 Mn |
| Jun 30, 2024 | 88.00 Mn |
| Jun 30, 2024 | 88.00 Mn |
| Mar 31, 2024 | -15.00 Mn |
| Mar 31, 2024 | -15.00 Mn |
| Dec 31, 2023 | 275.00 Mn |
| Dec 31, 2023 | 275.00 Mn |