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
DateValue
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