APi (APG) Payables (2019 - 2026)

APi (APG) reported Payables of $506.0 million for Q1 2026, up 12.44% on a YoY basis from $450.0 million in Q1 2025, and down 3.8% quarter-over-quarter from $526.0 million in Q4 2025.

APi (APG) Payables (2019 - 2026) Analysis & Trends

APi has reported Payables for 8 years, with the latest figure at $506.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Payables rose 12.44% year-over-year to $506.0 million; the trailing twelve-month figure through Mar 2026 stood at $506.0 million (up 12.44% YoY), and the FY2025 full-year result was $526.0 million, up 5.84% from the prior year.
  • Payables for Q1 2026 stood at $506.0 million, down from $526.0 million in the prior quarter.
  • The five-year high for Payables was $537.0 million in Q3 2025, with the low at $382.0 million in Q1 2024.
  • Historically, Payables has averaged $465.6 million across 5 years, with a median of $469.0 million in 2022.
  • Annual changes were most pronounced in 2022 — Payables soared 148.89% — and 2024, when it decreased 13.57%.
  • APi's Payables stood at $490.0 million in 2022, then dropped by 3.67% to $472.0 million in 2023, then grew by 5.3% to $497.0 million in 2024, then rose by 5.84% to $526.0 million in 2025, then dropped by 3.8% to $506.0 million in 2026.
  • The last three Payables figures came in at $506.0 million (Q1 2026), $526.0 million (Q4 2025), and $537.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Payables (Qtr)
1 Quanta Services 103.56 Bn 103.29 Bn 1.11 Bn 4.74 Bn
2 Comfort Systems Usa 64.33 Bn 63.28 Bn 754.41 Mn 719.59 Mn
3 Emcor 36.81 Bn 35.90 Bn 863.95 Mn 1.15 Bn
4 Mastec 27.54 Bn 27.38 Bn 477.90 Mn 1.32 Bn
5 Sterling Infrastructure 25.78 Bn 25.28 Bn 194.30 Mn 234.48 Mn
6 APi 18.83 Bn 18.18 Bn 620.00 Mn 506.00 Mn
7 Jacobs Solutions 14.81 Bn 13.43 Bn 794.89 Mn 1.48 Bn
8 IES Holdings 14.35 Bn 14.09 Bn 254.79 Mn 546.49 Mn
9 Dycom Industries 13.61 Bn 12.90 Bn - 497.26 Mn
10 TopBuild 11.46 Bn 11.19 Bn 400.25 Mn 471.22 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 506.00 Mn
Dec 31, 2025 526.00 Mn
Sep 30, 2025 537.00 Mn
Jun 30, 2025 524.00 Mn
Mar 31, 2025 450.00 Mn
Dec 31, 2024 497.00 Mn
Sep 30, 2024 454.00 Mn
Jun 30, 2024 424.00 Mn
Mar 31, 2024 382.00 Mn
Dec 31, 2023 472.00 Mn
Sep 30, 2023 431.00 Mn
Jun 30, 2023 473.00 Mn
Mar 31, 2023 442.00 Mn
Dec 31, 2022 490.00 Mn
Sep 30, 2022 469.00 Mn
Jun 30, 2022 448.00 Mn
Mar 31, 2022 391.00 Mn
Dec 31, 2021 236.00 Mn
Sep 30, 2021 205.00 Mn
Jun 30, 2021 180.00 Mn