APi (APG) Interest Coverage Ratio (2019 - 2026)
APi's (APG) quarterly Interest Coverage Ratio came in at 1.67 in Q2 2026, down 56.88% YoY from 3.86 in Q2 2025, and up 69.9% on a QoQ basis from 0.98 in Q1 2026.
APi (APG) Interest Coverage Ratio (2019 - 2026) Analysis & Trends
APi (APG) has 8 years of Interest Coverage Ratio data on file, last reported at 1.67 in Q2 2026.
- Quarterly Interest Coverage Ratio fell 56.88% year-over-year to 1.67 in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 5.76 (up 44.94% YoY) and the FY2025 annual result came in at 0.81, down 50.04% from the prior year.
- Interest Coverage Ratio climbed to 1.67 in Q2 2026, from 0.98 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 25.2 in Q2 2024 to a low of 75.0 in Q4 2023.
- A 5-year average of 0.25 and a median of 1.56 in 2025 frame the typical range for Interest Coverage Ratio.
- Annual changes were most pronounced in 2023 — Interest Coverage Ratio sank 11532.65% — and 2024, when it jumped 2443.55%.
- Tracing APG's Interest Coverage Ratio over 5 years: stood at 0.64 in 2022, then slumped by 11532.65% to 75.0 in 2023, then jumped by 104.07% to 3.05 in 2024, then sank by 52.46% to 1.45 in 2025, then increased by 14.84% to 1.67 in 2026.
- The last three Interest Coverage Ratio figures came in at 1.67 (Q2 2026), 0.98 (Q1 2026), and 1.45 (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 98.57 Bn | 98.48 Bn | 1.55 Bn | 9.45 |
| 2 | Comfort Systems Usa | 69.82 Bn | 67.96 Bn | 844.23 Mn | 1.34 |
| 3 | Ferrovial | 46.93 Bn | 41.94 Bn | - | - |
| 4 | Emcor | 35.79 Bn | 34.87 Bn | 1.02 Bn | 810.87 |
| 5 | Mastec | 25.30 Bn | 25.14 Bn | 556.28 Mn | 4.87 |
| 6 | Sterling Infrastructure | 18.27 Bn | 17.76 Bn | 194.30 Mn | 2.15 |
| 7 | APi | 17.00 Bn | 16.35 Bn | 703.00 Mn | 1.67 |
| 8 | Jacobs Solutions | 15.69 Bn | 14.31 Bn | 794.89 Mn | -1.07 |
| 9 | IES Holdings | 12.60 Bn | 12.34 Bn | 254.79 Mn | 73.32 |
| 10 | Dycom Industries | 12.50 Bn | 11.79 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.67 |
| Mar 31, 2026 | 3.43 |
| Dec 31, 2025 | 1.45 |
| Sep 30, 2025 | 18.11 |
| Jun 30, 2025 | 11.00 |
| Mar 31, 2025 | 2.21 |
| Dec 31, 2024 | 3.05 |
| Sep 30, 2024 | 15.78 |
| Jun 30, 2024 | 25.20 |
| Mar 31, 2024 | -0.08 |
| Dec 31, 2023 | -3.22 |
| Sep 30, 2023 | 0.19 |
| Jun 30, 2023 | 0.99 |
| Mar 31, 2023 | 0.72 |
| Dec 31, 2022 | 1.26 |
| Sep 30, 2022 | 0.03 |
| Jun 30, 2022 | 0.58 |
| Mar 31, 2022 | -0.06 |
| Dec 31, 2021 | -1.51 |
| Sep 30, 2021 | 2.93 |