APi (APG) Net Margin (2019 - 2026)
APi (APG) recorded Net Margin of 3.95% in Q2 2026, up 0.48 percentage points from 3.47% a year earlier and up 1.38 percentage points from the prior quarter.
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Analysis
APi (APG) Net Margin (2019 - 2026) Analysis & Trends
On a TTM basis, APi's Net Margin came in at -2.94% as of Jun 30, 2026, down 4.85 percentage points year-over-year; for FY2025, it came in at -3.64%, down 0.45 percentage points from FY2024.
- Annual Net Margin has declined for three straight years, though with a five-year change of +6.81 percentage points (FY2020 to FY2025).
- Across earlier years, Net Margin came in at -3.19% in FY2024 (-0.87 pp), -2.32% in FY2023 (-2.77 pp), 0.44% in FY2022 (+3.92 pp) and -3.48% in FY2021 (+6.98 pp).
- Quarterly Net Margin has ranged from -22.30% in Q4 2025 to 4.03% in Q3 2025 over the past five years.
- On a year-over-year basis, Net Margin rose in six of the last eight quarters, with an average year-over-year change of +2.16 percentage points.
- Peak year-over-year performance for Net Margin in the last five years was a gain of 22.67 percentage points in Q1 2025, against a drop of 21.79 percentage points in Q1 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 2.57% (Q1 2026), -22.30% (Q4 2025) and 4.03% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Accenture | 132.79 Bn | 93.20 Bn | 6.13 Bn | 12.50% |
| 2 | Cintas | 77.24 Bn | 76.43 Bn | 1.48 Bn | 17.59% |
| 3 | Iron Mountain | 33.76 Bn | 33.28 Bn | 1.07 Bn | 5.00% |
| 4 | APi | 17.50 Bn | 14.54 Bn | 703.00 Mn | 3.95% |
| 5 | Aramark | 14.64 Bn | 12.66 Bn | 430.34 Mn | 1.93% |
| 6 | Rollins | 14.51 Bn | 14.06 Bn | 569.95 Mn | 13.34% |
| 7 | UL Solutions | 13.33 Bn | 12.11 Bn | 417.00 Mn | 30.15% |
| 8 | Gartner | 11.67 Bn | 5.36 Bn | 1.19 Bn | 16.44% |
| 9 | Rentokil Initial | 10.08 Bn | 3.42 Bn | - | - |
| 10 | Tetra Tech | 8.48 Bn | 7.59 Bn | 243.21 Mn | 8.37% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.95% |
| Mar 31, 2026 | 2.57% |
| Dec 31, 2025 | -22.30% |
| Sep 30, 2025 | 4.03% |
| Jun 30, 2025 | 3.47% |
| Mar 31, 2025 | 1.80% |
| Dec 31, 2024 | -1.50% |
| Sep 30, 2024 | 3.78% |
| Jun 30, 2024 | 3.99% |
| Mar 31, 2024 | -20.86% |
| Dec 31, 2023 | -14.55% |
| Sep 30, 2023 | 2.41% |
| Jun 30, 2023 | 2.09% |
| Mar 31, 2023 | 0.93% |
| Dec 31, 2022 | 0.65% |
| Sep 30, 2022 | 0.98% |
| Jun 30, 2022 | 1.15% |
| Mar 31, 2022 | -1.22% |
| Dec 31, 2021 | -15.20% |
| Sep 30, 2021 | 1.81% |
API Access
APi Net Margin 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=net-margin&ticker=APG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "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=net-margin&ticker=APG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();