APi (APG) Net Margin (2019 - 2026)
APi (APG) posted Net Margin of 2.57% for Q1 2026, up 111.54% quarter-over-quarter from 22.3% in Q4 2025, and up 77.0% year-on-year from 1.45% in Q1 2025.
APi (APG) Net Margin (2019 - 2026) Analysis & Trends
APi (APG) has reported Net Margin for 8 consecutive years, with 2.57% the latest figure, recorded in Q1 2026.
- Net Margin for Q1 2026 came in at 2.57%, up 77.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 3.28% (down 525.0% YoY), and the FY2025 annual result was 3.64%, down 45.0% from the prior year.
- Net Margin was 2.57% for Q1 2026 at APi, up from 22.3% in the prior quarter.
- Over five years, Net Margin peaked at 4.03% in Q3 2025 and troughed at 22.3% in Q4 2025.
- Average Net Margin over 5 years is 1.92%, with a median of 1.15% recorded in 2022.
- Year-over-year, Net Margin tumbled 2179 bps in 2024 and jumped 2267 bps in 2025.
- Over 5 years, Net Margin stood at 0.65% in 2022, then sank by 2353 bps to 14.55% in 2023, then surged by 90 bps to 1.5% in 2024, then slumped by 1382 bps to 22.3% in 2025, then jumped by 112 bps to 2.57% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 2.57% in Q1 2026, 22.3% in Q4 2025, and 4.03% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Stantec | 7,704.08 Bn | 7,704.08 Bn | 914.10 Mn | 7.36% |
| 2 | Quanta Services | 103.60 Bn | 103.33 Bn | 1.11 Bn | 2.94% |
| 3 | Mastec | 30.47 Bn | 30.31 Bn | 477.90 Mn | 1.82% |
| 4 | Sterling Infrastructure | 23.80 Bn | 23.30 Bn | 194.30 Mn | 12.57% |
| 5 | APi | 18.02 Bn | 17.38 Bn | 620.00 Mn | 2.57% |
| 6 | Jacobs Solutions | 14.73 Bn | 13.35 Bn | 794.89 Mn | -0.08% |
| 7 | IES Holdings | 13.95 Bn | 13.69 Bn | 254.79 Mn | 11.28% |
| 8 | Aecom | 8.61 Bn | 7.78 Bn | 296.50 Mn | -0.11% |
| 9 | Everus Construction | 7.72 Bn | 7.42 Bn | 130.73 Mn | 5.37% |
| 10 | Tetra Tech | 7.59 Bn | 7.37 Bn | 214.09 Mn | 7.67% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 2.15% |