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
DateValue
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%