APi (APG) Interest Coverage Ratio (2019 - 2026)
APi (APG) posted Interest Coverage Ratio of 3.43 for Q1 2026, up 55.32% quarter-over-quarter from 2.21 in Q1 2025, and up 55.32% year-on-year from 2.21 in Q1 2025.
APi (APG) Interest Coverage Ratio (2019 - 2026) Analysis & Trends
APi (APG) has reported Interest Coverage Ratio for 8 consecutive years, with 3.43 the latest figure, recorded in Q1 2026.
- Interest Coverage Ratio for Q1 2026 came in at 3.43, up 55.32% year-over-year; the trailing twelve-month figure through Mar 2026 was 19.1 (up 55.09% YoY), and the FY2023 annual result was 2.48, up 91.04% from the prior year.
- Interest Coverage Ratio was 3.43 for Q1 2026 at APi, up from 2.21 in the prior quarter.
- Over five years, Interest Coverage Ratio peaked at 3.43 in Q1 2026 and troughed at 0.26 in Q1 2022.
- Average Interest Coverage Ratio over 5 years is 1.95, with a median of 2.21 recorded in 2025.
- Year-over-year, Interest Coverage Ratio plunged 229.63% in 2022 and soared 3842.11% in 2023.
- Over 5 years, Interest Coverage Ratio stood at 1.32 in 2022, then soared by 71.61% to 2.27 in 2023, then rose by 29.41% to 2.94 in 2024, then dropped by 24.84% to 2.21 in 2025, then jumped by 55.32% to 3.43 in 2026.
- Per Business Quant data, the three most recent Interest Coverage Ratio figures were 3.43 in Q1 2026, 2.21 in Q1 2025, and 2.94 in Q1 2024.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Stantec | 7,704.08 Bn | 7,704.08 Bn | 914.10 Mn | - |
| 2 | Quanta Services | 103.60 Bn | 103.33 Bn | 1.11 Bn | 4.62 |
| 3 | Mastec | 30.47 Bn | 30.31 Bn | 477.90 Mn | 3.26 |
| 4 | Sterling Infrastructure | 23.80 Bn | 23.30 Bn | 194.30 Mn | 34.33 |
| 5 | APi | 18.02 Bn | 17.38 Bn | 620.00 Mn | 3.43 |
| 6 | Jacobs Solutions | 14.73 Bn | 13.35 Bn | 794.89 Mn | -1.98 |
| 7 | IES Holdings | 13.95 Bn | 13.69 Bn | 254.79 Mn | 73.32 |
| 8 | Aecom | 8.61 Bn | 7.78 Bn | 296.50 Mn | 4.90 |
| 9 | Everus Construction | 7.72 Bn | 7.42 Bn | 130.73 Mn | 16.81 |
| 10 | Tetra Tech | 7.59 Bn | 7.37 Bn | 214.09 Mn | 14.88 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.43 |
| Mar 31, 2025 | 2.21 |
| Mar 31, 2024 | 2.94 |
| Dec 31, 2023 | 2.27 |
| Sep 30, 2023 | 2.81 |
| Jun 30, 2023 | 2.82 |
| Mar 31, 2023 | 1.97 |
| Dec 31, 2022 | 1.32 |
| Sep 30, 2022 | 1.85 |
| Jun 30, 2022 | 0.07 |
| Mar 31, 2022 | -0.26 |
| Dec 31, 2021 | -4.35 |
| Sep 30, 2021 | 2.93 |
| Jun 30, 2021 | 0.43 |
| Mar 31, 2021 | 0.20 |
| Dec 31, 2020 | -1.91 |
| Sep 30, 2020 | 0.46 |
| Jun 30, 2020 | 1.93 |
| Mar 31, 2020 | -16.71 |
| Dec 31, 2019 | 6.80 |