Cash Flow Statement
Growth Metrics

APi (APG) Gross Margin (2019 - 2025)

APi's Gross Margin history spans 7 years, with the latest figure at 32.03% for Q4 2025.

  • For Q4 2025, Gross Margin rose 113.0% year-over-year to 32.03%; the TTM value through Dec 2025 reached 31.44%, up 40.0%, while the annual FY2025 figure was 31.44%, 40.0% up from the prior year.
  • Gross Margin reached 32.03% in Q4 2025 per APG's latest filing, up from 31.27% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 32.03% in Q4 2025 to a low of 22.54% in Q1 2021.
  • Average Gross Margin over 5 years is 28.06%, with a median of 28.33% recorded in 2023.
  • Peak YoY movement for Gross Margin: surged 440bps in 2024, then crashed -54bps in 2025.
  • A 5-year view of Gross Margin shows it stood at 24.64% in 2021, then rose by 10bps to 27.19% in 2022, then grew by 6bps to 28.88% in 2023, then grew by 7bps to 30.9% in 2024, then increased by 4bps to 32.03% in 2025.
  • Per Business Quant, the three most recent readings for APG's Gross Margin are 32.03% (Q4 2025), 31.27% (Q3 2025), and 30.9% (Q2 2025).