APi (APG) Tax Rate (2019 - 2026)

APi's (APG) quarterly Tax Rate came in at 28.26% in Q2 2026, down 44.0% YoY from 50.47% in Q2 2025, and up 43.32% on a QoQ basis from 19.72% in Q1 2026.

APi (APG) Tax Rate (2019 - 2026) Analysis & Trends

APi (APG) has 8 years of Tax Rate data on file, last reported at 28.26% in Q2 2026.

  • Quarterly Tax Rate fell 44.0% year-over-year to 28.26% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 26.07% (up 77.0% YoY) and the FY2025 annual result came in at 26.88%, up 263.0% from the prior year.
  • Tax Rate advanced to 28.26% in Q2 2026, from 19.72% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 69.57% in Q1 2022 to a low of 14.1% in Q4 2024.
  • A 5-year average of 30.28% and a median of 28.52% in 2024 frame the typical range for Tax Rate.
  • Annual changes were most pronounced in 2022 — Tax Rate sank 3916 bps — and 2023, when it jumped 2906 bps.
  • Tracing APG's Tax Rate over 5 years: stood at 15.38% in 2022, then surged by 189 bps to 44.44% in 2023, then sank by 68 bps to 14.1% in 2024, then surged by 76 bps to 24.81% in 2025, then advanced by 14 bps to 28.26% in 2026.
  • The last three Tax Rate figures came in at 28.26% (Q2 2026), 19.72% (Q1 2026), and 24.81% (Q4 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Quanta Services 98.57 Bn 98.48 Bn 1.55 Bn 25.53%
2 Comfort Systems Usa 69.82 Bn 67.96 Bn 844.23 Mn 22.01%
3 Ferrovial 46.93 Bn 41.94 Bn - -
4 Emcor 35.79 Bn 34.87 Bn 1.02 Bn 26.82%
5 Mastec 25.30 Bn 25.14 Bn 556.28 Mn 24.77%
6 Sterling Infrastructure 18.27 Bn 17.76 Bn 194.30 Mn 24.50%
7 APi 17.00 Bn 16.35 Bn 703.00 Mn 28.26%
8 Jacobs Solutions 15.69 Bn 14.31 Bn 794.89 Mn 34.52%
9 IES Holdings 12.60 Bn 12.34 Bn 254.79 Mn 25.78%
10 Dycom Industries 12.50 Bn 11.79 Bn - -

Historic Data

Download Data
DateValue
Jun 30, 2026 28.26%
Jun 30, 2026 28.26%
Jun 30, 2026 28.26%
Mar 31, 2026 19.72%
Mar 31, 2026 19.72%
Mar 31, 2026 19.72%
Dec 31, 2025 24.81%
Dec 31, 2025 24.81%
Dec 31, 2025 24.81%
Sep 30, 2025 28.46%
Sep 30, 2025 28.46%
Sep 30, 2025 28.46%
Jun 30, 2025 28.70%
Jun 30, 2025 28.70%
Jun 30, 2025 28.70%
Mar 31, 2025 23.91%
Mar 31, 2025 23.91%
Mar 31, 2025 23.91%
Dec 31, 2024 14.10%
Dec 31, 2024 14.10%