APi (APG) Return on Capital Employed (2019 - 2026)

APi (APG) reported Return on Capital Employed of 8.37% for Q1 2026, up 102.0% on a YoY basis from 4.14% in Q1 2025, and up 0.93% quarter-over-quarter from 8.3% in Q4 2025.

APi (APG) Return on Capital Employed (2019 - 2026) Analysis & Trends

APi has reported Return on Capital Employed for 8 years, with the latest figure at 8.37% in Q1 2026.

  • For the quarter ending Q1 2026, Return on Capital Employed rose 102.0% year-over-year to 8.37%; the trailing twelve-month figure through Mar 2026 stood at 8.37% (up 102.0% YoY), and the FY2025 full-year result was 8.66%, up 58.0% from the prior year.
  • Return on Capital Employed for Q1 2026 stood at 8.37%, up from 8.3% in the prior quarter.
  • The five-year high for Return on Capital Employed was 8.37% in Q1 2026, with the low at 0.64% in Q1 2022.
  • Historically, Return on Capital Employed has averaged 5.11% across 5 years, with a median of 6.73% in 2024.
  • Annual changes were most pronounced in 2022 — Return on Capital Employed slumped 109 bps — and 2023, when it jumped 577 bps.
  • APi's Return on Capital Employed stood at 1.72% in 2022, then surged by 250 bps to 6.02% in 2023, then increased by 27 bps to 7.67% in 2024, then rose by 8 bps to 8.3% in 2025, then advanced by 1 bps to 8.37% in 2026.
  • The last three Return on Capital Employed figures came in at 8.37% (Q1 2026), 8.3% (Q4 2025), and 7.67% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Quanta Services 103.56 Bn 103.29 Bn 1.11 Bn 10.73%
2 Comfort Systems Usa 64.33 Bn 63.28 Bn 754.41 Mn 15.88%
3 Emcor 36.81 Bn 35.90 Bn 863.95 Mn 2.32%
4 Mastec 27.54 Bn 27.38 Bn 477.90 Mn 12.69%
5 Sterling Infrastructure 25.78 Bn 25.28 Bn 194.30 Mn 30.01%
6 APi 18.83 Bn 18.18 Bn 620.00 Mn 8.37%
7 Jacobs Solutions 14.81 Bn 13.43 Bn 794.89 Mn 7.34%
8 IES Holdings 14.35 Bn 14.09 Bn 254.79 Mn 42.91%
9 Dycom Industries 13.61 Bn 12.90 Bn - -
10 TopBuild 11.46 Bn 11.19 Bn 400.25 Mn 13.66%

Historic Data

Download Data
DateValue
Mar 31, 2026 8.37%
Dec 31, 2025 8.30%
Sep 30, 2025 7.67%
Jun 30, 2025 7.60%
Mar 31, 2025 7.36%
Dec 31, 2024 7.67%
Sep 30, 2024 7.01%
Jun 30, 2024 6.85%
Mar 31, 2024 6.73%
Dec 31, 2023 6.02%
Sep 30, 2023 5.49%
Jun 30, 2023 4.66%
Mar 31, 2023 2.90%
Dec 31, 2022 1.72%
Sep 30, 2022 -0.28%
Jun 30, 2022 -0.57%
Mar 31, 2022 -0.64%
Dec 31, 2021 -0.58%
Sep 30, 2021 0.78%
Jun 30, 2021 -0.17%