APi (APG) Interest Expenses (2019 - 2026)
APi (APG) reported Interest Expenses of $30.0 million for Q1 2026, down 21.05% on a YoY basis from $38.0 million in Q1 2025, and down 21.05% quarter-over-quarter from $38.0 million in Q1 2025.
APi (APG) Interest Expenses (2019 - 2026) Analysis & Trends
APi has reported Interest Expenses for 8 years, with the latest figure at $30.0 million in Q1 2026.
- For the quarter ending Q1 2026, Interest Expenses fell 21.05% year-over-year to $30.0 million; the trailing twelve-month figure through Mar 2026 stood at $30.0 million (down 21.05% YoY), and the FY2023 full-year result was $145.0 million, up 16.0% from the prior year.
- Interest Expenses for Q1 2026 stood at $30.0 million, down from $38.0 million in the prior quarter.
- The five-year high for Interest Expenses was $38.0 million in Q2 2023, with the low at $27.0 million in Q1 2022.
- Historically, Interest Expenses has averaged $33.8 million across 5 years, with a median of $34.0 million in 2024.
- Annual changes were most pronounced in 2022 — Interest Expenses surged 135.71% — and 2026, when it dropped 21.05%.
- APi's Interest Expenses stood at $37.0 million in 2022, then fell by 10.81% to $33.0 million in 2023, then gained by 3.03% to $34.0 million in 2024, then grew by 11.76% to $38.0 million in 2025, then retreated by 21.05% to $30.0 million in 2026.
- The last three Interest Expenses figures came in at $30.0 million (Q1 2026), $38.0 million (Q1 2025), and $34.0 million (Q1 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 103.56 Bn | 103.29 Bn | 1.11 Bn | 73.27 Mn |
| 2 | Comfort Systems Usa | 64.33 Bn | 63.28 Bn | 754.41 Mn | 2.18 Mn |
| 3 | Emcor | 36.81 Bn | 35.90 Bn | 863.95 Mn | - |
| 4 | Mastec | 27.54 Bn | 27.38 Bn | 477.90 Mn | 43.46 Mn |
| 5 | Sterling Infrastructure | 25.78 Bn | 25.28 Bn | 194.30 Mn | 4.01 Mn |
| 6 | APi | 18.83 Bn | 18.18 Bn | 620.00 Mn | 30.00 Mn |
| 7 | Jacobs Solutions | 14.81 Bn | 13.43 Bn | 794.89 Mn | 41.08 Mn |
| 8 | IES Holdings | 14.35 Bn | 14.09 Bn | 254.79 Mn | 1.53 Mn |
| 9 | Dycom Industries | 13.61 Bn | 12.90 Bn | - | - |
| 10 | TopBuild | 11.46 Bn | 11.19 Bn | 400.25 Mn | 36.62 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 30.00 Mn |
| Mar 31, 2026 | 30.00 Mn |
| Mar 31, 2025 | 38.00 Mn |
| Mar 31, 2025 | 38.00 Mn |
| Mar 31, 2024 | 34.00 Mn |
| Mar 31, 2024 | 34.00 Mn |
| Dec 31, 2023 | 33.00 Mn |
| Dec 31, 2023 | 33.00 Mn |
| Sep 30, 2023 | 37.00 Mn |
| Sep 30, 2023 | 37.00 Mn |
| Jun 30, 2023 | 38.00 Mn |
| Jun 30, 2023 | 38.00 Mn |
| Mar 31, 2023 | 37.00 Mn |
| Mar 31, 2023 | 37.00 Mn |
| Dec 31, 2022 | 37.00 Mn |
| Dec 31, 2022 | 37.00 Mn |
| Sep 30, 2022 | 33.00 Mn |
| Sep 30, 2022 | 33.00 Mn |
| Jun 30, 2022 | 28.00 Mn |
| Jun 30, 2022 | 28.00 Mn |