APi (APG) Tax Rate (2019 - 2026)
APi (APG) posted Tax Rate of 19.72% for Q1 2026, down 20.51% quarter-over-quarter from 24.81% in Q4 2025, and down 419.0% year-on-year from 6.18% in Q1 2025.
APi (APG) Tax Rate (2019 - 2026) Analysis & Trends
APi (APG) has reported Tax Rate for 8 consecutive years, with 19.72% the latest figure, recorded in Q1 2026.
- Tax Rate for Q1 2026 came in at 19.72%, down 419.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 26.03% (up 270.0% YoY), and the FY2025 annual result was 26.88%, up 263.0% from the prior year.
- Tax Rate was 19.72% for Q1 2026 at APi, down from 24.81% in the prior quarter.
- Over five years, Tax Rate peaked at 69.57% in Q1 2022 and troughed at 14.1% in Q4 2024.
- Average Tax Rate over 5 years is 30.39%, with a median of 28.57% recorded in 2024.
- Year-over-year, Tax Rate tumbled 3916 bps in 2022 and soared 2906 bps in 2023.
- Over 5 years, Tax Rate stood at 15.38% in 2022, then surged by 189 bps to 44.44% in 2023, then plunged by 68 bps to 14.1% in 2024, then surged by 76 bps to 24.81% in 2025, then fell by 21 bps to 19.72% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 19.72% in Q1 2026, 24.81% in Q4 2025, and 28.46% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Stantec | 7,704.08 Bn | 7,704.08 Bn | 914.10 Mn | 24.42% |
| 2 | Quanta Services | 103.60 Bn | 103.33 Bn | 1.11 Bn | 9.72% |
| 3 | Mastec | 30.47 Bn | 30.31 Bn | 477.90 Mn | 23.81% |
| 4 | Sterling Infrastructure | 23.80 Bn | 23.30 Bn | 194.30 Mn | 24.50% |
| 5 | APi | 18.02 Bn | 17.38 Bn | 620.00 Mn | 19.72% |
| 6 | Jacobs Solutions | 14.73 Bn | 13.35 Bn | 794.89 Mn | 34.52% |
| 7 | IES Holdings | 13.95 Bn | 13.69 Bn | 254.79 Mn | 25.78% |
| 8 | Aecom | 8.61 Bn | 7.78 Bn | 296.50 Mn | 12.12% |
| 9 | Everus Construction | 7.72 Bn | 7.42 Bn | 130.73 Mn | 26.67% |
| 10 | Tetra Tech | 7.59 Bn | 7.37 Bn | 214.09 Mn | 26.34% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 19.72% |
| Mar 31, 2026 | 19.72% |
| Dec 31, 2025 | 24.81% |
| Dec 31, 2025 | 24.81% |
| Sep 30, 2025 | 28.46% |
| Sep 30, 2025 | 28.46% |
| Jun 30, 2025 | 28.70% |
| Jun 30, 2025 | 28.70% |
| Mar 31, 2025 | 23.91% |
| Mar 31, 2025 | 23.91% |
| Dec 31, 2024 | 14.10% |
| Dec 31, 2024 | 14.10% |
| Sep 30, 2024 | 31.00% |
| Sep 30, 2024 | 31.00% |
| Jun 30, 2024 | 22.47% |
| Jun 30, 2024 | 22.47% |
| Mar 31, 2024 | 28.57% |
| Mar 31, 2024 | 28.57% |
| Dec 31, 2023 | 44.44% |
| Dec 31, 2023 | 44.44% |