APi (APG) Tax Rate (2019 - 2026)
APi's (APG) quarterly Tax Rate came in at 28.26% in Q2 2026, down 44.0% on a YoY basis from 50.47% in Q2 2025, and up 43.32% quarter-over-quarter from 19.72% in Q1 2026.
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APi (APG) Tax Rate (2019 - 2026) Analysis & Trends
APi (APG) has reported Tax Rate for 8 consecutive years, with 28.26% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Tax Rate fell 44.0% year-over-year to 28.26%; the trailing twelve-month figure through Jun 2026 stood at 26.07% (up 77.0% YoY), and the FY2025 full-year result was 26.88%, up 263.0% from the prior year.
- Tax Rate rose to 28.26% in Q2 2026 per APG's latest filing, from 19.72% in the prior quarter.
- Across five years, Tax Rate topped out at 69.57% in Q1 2022 and bottomed at 14.1% in Q4 2024.
- Historically, Tax Rate has averaged 30.28% across 5 years, with a median of 28.52% in 2024.
- The sharpest annual moves came in 2022 and 2023: Tax Rate slumped 3916 bps in 2022, then surged 2906 bps in 2023.
- Over 5 years, Tax Rate stood at 15.38% in 2022, then jumped by 189 bps to 44.44% in 2023, then tumbled by 68 bps to 14.1% in 2024, then jumped by 76 bps to 24.81% in 2025, then grew by 14 bps to 28.26% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 28.26%, 19.72%, and 24.81% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Cintas | 80.63 Bn | 80.34 Bn | 1.48 Bn | 21.20% |
| 2 | Iron Mountain | 34.27 Bn | 34.39 Bn | 1.07 Bn | 12.24% |
| 3 | Rollins | 16.72 Bn | 16.61 Bn | 569.95 Mn | 24.16% |
| 4 | APi | 16.37 Bn | 15.51 Bn | 703.00 Mn | 28.26% |
| 5 | Aramark | 15.43 Bn | 15.00 Bn | 430.34 Mn | 27.92% |
| 6 | FirstService | 6.30 Bn | 6.63 Bn | 480.66 Mn | 27.07% |
| 7 | Unifirst | 4.96 Bn | 4.79 Bn | 234.73 Mn | 18.52% |
| 8 | Geo | 4.16 Bn | 3.91 Bn | - | 28.73% |
| 9 | CoreCivic | 3.45 Bn | 3.34 Bn | - | 21.89% |
| 10 | Abm Industries | 2.90 Bn | 2.79 Bn | 286.10 Mn | 21.36% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 28.26% |
| Mar 31, 2026 | 19.72% |
| Dec 31, 2025 | 24.81% |
| Sep 30, 2025 | 28.46% |
| Jun 30, 2025 | 28.70% |
| Mar 31, 2025 | 23.91% |
| Dec 31, 2024 | 14.10% |
| Sep 30, 2024 | 31.00% |
| Jun 30, 2024 | 22.47% |
| Mar 31, 2024 | 28.57% |
| Dec 31, 2023 | 44.44% |
| Sep 30, 2023 | 27.03% |
| Jun 30, 2023 | 36.00% |
| Mar 31, 2023 | 31.58% |
| Dec 31, 2022 | 15.38% |
| Sep 30, 2022 | 39.13% |
| Jun 30, 2022 | 31.82% |
| Mar 31, 2022 | 69.57% |
| Dec 31, 2021 | 54.55% |
| Sep 30, 2021 | 36.67% |