APi (APG) Interest Coverage Ratio (2019 - 2026)
APi's Interest Coverage Ratio came in at 4.86 for Q2 2026, up 25.8% from 3.86 a year earlier and up 41.6% from the prior quarter.
APi (APG) Interest Coverage Ratio (2019 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, APi reported Interest Coverage Ratio of 4.29, up 25.6% year-over-year; for FY2023, it came in at 2.48, up 91.0% from FY2022.
- Going back by year, Interest Coverage Ratio was 1.30 in FY2022 (-42.8%), 2.27 in FY2021, -3.19 in FY2020 and -10.73 in FY2019.
- The Q2 2026 figure represents the highest quarterly Interest Coverage Ratio since Q2 2019.
- The fastest year-over-year change in Interest Coverage Ratio over five years came in Q4 2023 (growth of 71.6%), and the weakest in Q4 2022 (a decline of 55.0%).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Accenture | 132.79 Bn | 93.20 Bn | 6.13 Bn | 44.95 |
| 2 | Cintas | 77.24 Bn | 76.43 Bn | 1.48 Bn | 26.05 |
| 3 | Iron Mountain | 33.76 Bn | 33.28 Bn | 1.07 Bn | - |
| 4 | APi | 17.50 Bn | 14.54 Bn | 703.00 Mn | 4.86 |
| 5 | Aramark | 14.64 Bn | 12.66 Bn | 430.34 Mn | - |
| 6 | Rollins | 14.51 Bn | 14.06 Bn | 569.95 Mn | 21.44 |
| 7 | UL Solutions | 13.33 Bn | 12.11 Bn | 417.00 Mn | 30.00 |
| 8 | Gartner | 11.67 Bn | 5.36 Bn | 1.19 Bn | 17.00 |
| 9 | Rentokil Initial | 10.08 Bn | 3.42 Bn | - | - |
| 10 | Tetra Tech | 8.48 Bn | 7.59 Bn | 243.21 Mn | 22.06 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.86 |
| Mar 31, 2026 | 3.43 |
| Jun 30, 2025 | 3.86 |
| 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 | 2.11 |
| Mar 31, 2022 | -0.26 |
| Dec 31, 2021 | 2.94 |
| Sep 30, 2021 | 2.93 |
| Jun 30, 2021 | 3.36 |
| Mar 31, 2021 | -0.13 |
| Dec 31, 2020 | -1.91 |
| Sep 30, 2020 | 4.77 |
| Jun 30, 2020 | 1.93 |
APi Interest Coverage Ratio 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=interest-coverage-ratio&ticker=APG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "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=interest-coverage-ratio&ticker=APG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();