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 | 96.39 Bn | 95.88 Bn | 1.55 Bn | 25.53% |
| 2 | Comfort Systems Usa | 58.32 Bn | 56.46 Bn | 844.23 Mn | 22.01% |
| 3 | Ferrovial | 45.15 Bn | 40.18 Bn | - | - |
| 4 | Emcor | 34.54 Bn | 33.61 Bn | 1.02 Bn | 26.82% |
| 5 | IES Holdings | 27.27 Bn | 26.88 Bn | 340.66 Mn | 25.04% |
| 6 | Mastec | 20.83 Bn | 20.51 Bn | 556.28 Mn | 24.77% |
| 7 | APi | 17.90 Bn | 17.04 Bn | 703.00 Mn | 28.26% |
| 8 | Jacobs Solutions | 17.64 Bn | 16.47 Bn | 810.70 Mn | 43.37% |
| 9 | Sterling Infrastructure | 15.87 Bn | 15.41 Bn | 289.96 Mn | 23.33% |
| 10 | Dycom Industries | 11.35 Bn | 10.64 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |