APi (APG) Free Cash Flow (2019 - 2026)

APi (APG) posted Free Cash Flow of $67.0 million for Q1 2026, down 81.18% quarter-over-quarter from $356.0 million in Q4 2025, and up 34.0% year-on-year from $50.0 million in Q1 2025.

APi (APG) Free Cash Flow (2019 - 2026) Analysis & Trends

APi (APG) has reported Free Cash Flow for 8 consecutive years, with $67.0 million the latest figure, recorded in Q1 2026.

  • Free Cash Flow for Q1 2026 came in at $67.0 million, up 34.0% year-over-year; the trailing twelve-month figure through Mar 2026 was $680.0 million (up 13.14% YoY), and the FY2025 annual result was $663.0 million, up 23.69% from the prior year.
  • Free Cash Flow was $67.0 million for Q1 2026 at APi, down from $356.0 million in the prior quarter.
  • Over five years, Free Cash Flow peaked at $356.0 million in Q4 2025 and troughed at -$130.0 million in Q1 2022.
  • Average Free Cash Flow over 5 years is $110.9 million, with a median of $88.0 million recorded in 2024.
  • Year-over-year, Free Cash Flow slumped 1028.57% in 2022 and surged 433.33% in 2025.
  • Over 5 years, Free Cash Flow stood at $169.0 million in 2022, then jumped by 62.72% to $275.0 million in 2023, then decreased by 3.64% to $265.0 million in 2024, then soared by 34.34% to $356.0 million in 2025, then plunged by 81.18% to $67.0 million in 2026.
  • Per Business Quant data, the three most recent Free Cash Flow figures were $67.0 million in Q1 2026, $356.0 million in Q4 2025, and $201.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF (Qtr)
1 Stantec 7,704.08 Bn 7,704.08 Bn 914.10 Mn 19.20 Mn
2 Quanta Services 103.60 Bn 103.33 Bn 1.11 Bn 171.65 Mn
3 Mastec 30.47 Bn 30.31 Bn 477.90 Mn 78.85 Mn
4 Sterling Infrastructure 23.80 Bn 23.30 Bn 194.30 Mn 145.94 Mn
5 APi 18.02 Bn 17.38 Bn 620.00 Mn 67.00 Mn
6 Jacobs Solutions 14.73 Bn 13.35 Bn 794.89 Mn -504.90 Mn
7 IES Holdings 13.95 Bn 13.69 Bn 254.79 Mn 71.45 Mn
8 Aecom 8.61 Bn 7.78 Bn 296.50 Mn -27.43 Mn
9 Everus Construction 7.72 Bn 7.42 Bn 130.73 Mn 143.39 Mn
10 Tetra Tech 7.59 Bn 7.37 Bn 214.09 Mn 159.35 Mn

Historic Data

Download Data
DateValue
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