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| Date | Value |
|---|---|
| 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 |