APi (APG) Net Margin (2019 - 2026)
APi (APG) recorded Net Margin of 3.99% in Q3 2026, down 0.04 percentage points from 4.03% a year earlier but up 0.05 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 -2.58% as of Sep 30, 2026, down 4.62 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 five of the last eight quarters, with an average year-over-year change of +1.98 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 3.95% (Q2 2026), 2.57% (Q1 2026) and -22.30% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Accenture | 155.22 Bn | 113.15 Bn | 5.98 Bn | 10.66% |
| 2 | Cintas | 91.35 Bn | 90.43 Bn | 1.55 Bn | 18.31% |
| 3 | Iron Mountain | 33.36 Bn | 32.55 Bn | 1.06 Bn | 6.24% |
| 4 | APi | 18.55 Bn | 15.77 Bn | 770.00 Mn | 3.99% |
| 5 | Rollins | 18.35 Bn | 17.90 Bn | 582.90 Mn | 14.49% |
| 6 | UL Solutions | 16.47 Bn | 14.50 Bn | 423.00 Mn | 13.12% |
| 7 | Aramark | 14.08 Bn | 12.03 Bn | 430.34 Mn | 1.93% |
| 8 | Rentokil Initial | 12.08 Bn | 5.60 Bn | - | - |
| 9 | Gartner | 12.05 Bn | 5.53 Bn | 1.07 Bn | 14.25% |
| 10 | Booz Allen Hamilton Holding | 10.29 Bn | 7.81 Bn | 1.45 Bn | 6.52% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 3.99% |
| 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% |
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();