Cash Flow Statement
Growth Metrics

APi (APG) Operating Margin (2019 - 2026)

APi filings provide 8 years of Operating Margin readings, the most recent being 5.2% for Q1 2026.

  • On a quarterly basis, Operating Margin rose 31.0% to 5.2% in Q1 2026 year-over-year; TTM through Mar 2026 was 7.01%, a 45.0% increase, with the full-year FY2025 number at 7.0%, up 11.0% from a year prior.
  • Operating Margin hit 5.2% in Q1 2026 for APi, down from 7.75% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 7.82% in Q3 2025 to a low of 0.48% in Q1 2022.
  • Median Operating Margin over the past 5 years was 5.83% (2023), compared with a mean of 5.12%.
  • Biggest five-year swings in Operating Margin: surged 953bps in 2022 and later plummeted -136bps in 2025.
  • APi's Operating Margin stood at 2.88% in 2022, then soared by 48bps to 4.26% in 2023, then skyrocketed by 46bps to 6.23% in 2024, then grew by 24bps to 7.75% in 2025, then tumbled by -33bps to 5.2% in 2026.
  • The last three reported values for Operating Margin were 5.2% (Q1 2026), 7.75% (Q4 2025), and 7.82% (Q3 2025) per Business Quant data.