APi (APG) Interest Coverage Ratio (2019 - 2026)
APi's Interest Coverage Ratio came in at 4.49 for Q3 2026, down 6.4% from 4.79 a year earlier and down 7.7% from the prior quarter.
APi (APG) Interest Coverage Ratio (2019 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, APi reported Interest Coverage Ratio of 4.44, up 25.5% 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 five-year range for quarterly Interest Coverage Ratio is -0.26 (Q1 2022) to 4.86 (Q2 2026).
- Year-over-year, Interest Coverage Ratio increased in two of the last four quarters, with growth averaging 12.5%.
- 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 | 154.83 Bn | 112.76 Bn | 5.98 Bn | 27.58 |
| 2 | Cintas | 91.35 Bn | 90.43 Bn | 1.55 Bn | 28.81 |
| 3 | Iron Mountain | 33.36 Bn | 32.55 Bn | 1.06 Bn | - |
| 4 | APi | 18.59 Bn | 15.81 Bn | 770.00 Mn | 4.49 |
| 5 | Rollins | 18.51 Bn | 18.05 Bn | 582.90 Mn | 20.89 |
| 6 | UL Solutions | 16.47 Bn | 14.50 Bn | 423.00 Mn | 27.00 |
| 7 | Aramark | 14.06 Bn | 12.00 Bn | 430.34 Mn | 2.70 |
| 8 | Rentokil Initial | 12.08 Bn | 5.60 Bn | - | - |
| 9 | Gartner | 12.05 Bn | 5.53 Bn | 1.07 Bn | 11.89 |
| 10 | Booz Allen Hamilton Holding | 10.33 Bn | 7.85 Bn | 1.45 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 4.49 |
| Jun 30, 2026 | 4.86 |
| Mar 31, 2026 | 3.43 |
| Dec 31, 2025 | 5.13 |
| Sep 30, 2025 | 4.79 |
| Jun 30, 2025 | 3.86 |
| Mar 31, 2025 | 2.21 |
| Dec 31, 2024 | 3.22 |
| Sep 30, 2024 | 3.46 |
| Jun 30, 2024 | 3.60 |
| 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 |
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();