APi (APG) Free Cash Flow (2019 - 2026)
APi (APG) recorded Free Cash Flow of $52 million in Q2 2026, down 7.1% from $56 million a year earlier and down 22.4% from the prior quarter.
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Analysis
APi (APG) Free Cash Flow (2019 - 2026) Analysis & Trends
On a TTM basis, APi's Free Cash Flow came in at $676 million as of Jun 30, 2026, up 18.8% year-over-year; for FY2025, it was $663 million, up 23.7% from FY2024.
- Annual Free Cash Flow has increased for four straight years, with a five-year compound annual growth rate of 7.7% (FY2020 to FY2025).
- Across earlier years, Free Cash Flow came in at $536 million in FY2024 (+25.2%), $428 million in FY2023 (+124.1%), $191 million in FY2022 (+50.4%) and $127 million in FY2021 (-72.3%).
- The Q2 2026 figure is the lowest quarterly Free Cash Flow since Q1 2025.
- On a year-over-year basis, Free Cash Flow rose in four of the last seven quarters, with growth averaging 11.4%.
- Peak year-over-year performance for Free Cash Flow in the last five years was growth of 200.0% in Q3 2022, against a decline of 55.6% in Q3 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at $67 million (Q1 2026), $356 million (Q4 2025) and $201 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Accenture | 132.79 Bn | 93.20 Bn | 6.13 Bn | 3.60 Bn |
| 2 | Cintas | 77.24 Bn | 76.43 Bn | 1.48 Bn | 613.11 Mn |
| 3 | Iron Mountain | 33.76 Bn | 33.28 Bn | 1.07 Bn | -38.93 Mn |
| 4 | APi | 17.50 Bn | 14.54 Bn | 703.00 Mn | 52.00 Mn |
| 5 | Aramark | 14.64 Bn | 12.66 Bn | 430.34 Mn | 4.82 Mn |
| 6 | Rollins | 14.51 Bn | 14.06 Bn | 569.95 Mn | 166.08 Mn |
| 7 | UL Solutions | 13.33 Bn | 12.11 Bn | 417.00 Mn | 91.00 Mn |
| 8 | Gartner | 11.67 Bn | 5.36 Bn | 1.19 Bn | 378.37 Mn |
| 9 | Rentokil Initial | 10.08 Bn | 3.42 Bn | - | - |
| 10 | Tetra Tech | 8.48 Bn | 7.59 Bn | 243.21 Mn | 225.13 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 52.00 Mn |
| Mar 31, 2026 | 67.00 Mn |
| Dec 31, 2025 | 356.00 Mn |
| Sep 30, 2025 | 201.00 Mn |
| Jun 30, 2025 | 56.00 Mn |
| Mar 31, 2025 | 50.00 Mn |
| Dec 31, 2024 | 265.00 Mn |
| Sep 30, 2024 | 198.00 Mn |
| Jun 30, 2024 | 88.00 Mn |
| Mar 31, 2024 | -15.00 Mn |
| Dec 31, 2023 | 275.00 Mn |
| Sep 30, 2023 | 126.00 Mn |
| Jun 30, 2023 | 49.00 Mn |
| Mar 31, 2023 | -22.00 Mn |
| Dec 31, 2022 | 169.00 Mn |
| Sep 30, 2022 | 120.00 Mn |
| Jun 30, 2022 | 32.00 Mn |
| Mar 31, 2022 | -130.00 Mn |
| Dec 31, 2021 | 102.00 Mn |
| Sep 30, 2021 | 40.00 Mn |
API Access
APi Free Cash Flow 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=free-cash-flow&ticker=APG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=APG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();