APi Group (NYSE:APG) Posts Quarterly Earnings Results, Beats Estimates By $0.04 EPS

APi Group (NYSE:APG) released its earnings results on Wednesday. The company reported $0.44 EPS for the quarter, beating analysts’ consensus estimates of $0.40 by $0.04, FiscalAI reports. APi Group had a return on equity of 21.86% and a net margin of 3.44%.The company had revenue of $2.12 billion during the quarter, compared to analysts’ expectations of $2.09 billion. During the same quarter last year, the business posted $0.51 EPS. The firm’s revenue for the quarter was up 13.8% compared to the same quarter last year.

Here are the key takeaways from APi Group’s conference call:

• APi reported that it achieved its prior 13/60/80 targets for 2025 (revenue growth, margin, and free cash flow conversion) and set new long‑term targets of 10/16/60+ through 2028 (>$10B revenue, 16%+ adjusted EBITDA margin, 60%+ inspection/service/monitoring).
• Record 2025 operating performance — full‑year net revenue of $7.9B, Q4 net revenue $2.12B (+13.8% YoY), Q4 adjusted EBITDA margin 13.9%, adjusted diluted EPS $0.44 (+29%), and record adjusted free cash flow of $836M (80% conversion).
• 2026 guidance targets $8.4B–$8.6B in revenue (≈5% organic at midpoint), adjusted EBITDA $1.14B–$1.2B (13.8% margin at midpoint) and continued strong free cash flow conversion (~75% of EBITDA), implying further margin expansion.
• M&A remains a strategic priority — APi deployed roughly $580M across 33 bolt‑ons (2023–2025), closed CertaSite in Feb‑2026, sees a robust pipeline including larger opportunities, and exits Q4 with conservative leverage (~1.6x net debt/EBITDA) to fund deals.
• Management flagged sensitivity to project revenue mix — increasing exposure to data centers (≈5% of revenue in 2024 → ~8% in 2025 → ~10% expected in 2026) and a wide guidance range reflect dependence on project/backlog variability that could pressure results if demand softens.

APi Group Stock Up 2.2%

Shares of APG traded up $0.98 on Wednesday, hitting $45.97. 1,184,069 shares of the stock traded hands, compared to its average volume of 2,399,898. The business has a 50 day simple moving average of $41.88 and a 200 day simple moving average of $38.10. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.41 and a current ratio of 1.48. APi Group has a one year low of $20.50 and a one year high of $46.89. The company has a market capitalization of $19.12 billion, a PE ratio of 125.33 and a beta of 1.70.

Insider Buying and Selling at APi Group

In other APi Group news, Director Anthony E. Malkin purchased 3,000 shares of the stock in a transaction dated Wednesday, December 10th. The shares were purchased at an average cost of $39.58 per share, with a total value of $118,740.00. Following the completion of the acquisition, the director directly owned 7,000 shares in the company, valued at $277,060. This trade represents a 75.00% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 17.00% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On APi Group

Large investors have recently made changes to their positions in the company. Silicon Valley Capital Partners boosted its holdings in APi Group by 50.0% in the third quarter. Silicon Valley Capital Partners now owns 858 shares of the company’s stock worth $29,000 after acquiring an additional 286 shares in the last quarter. Parallel Advisors LLC increased its holdings in shares of APi Group by 55.3% during the third quarter. Parallel Advisors LLC now owns 834 shares of the company’s stock valued at $29,000 after acquiring an additional 297 shares in the last quarter. Bradley Foster & Sargent Inc. CT raised its position in shares of APi Group by 0.3% in the 4th quarter. Bradley Foster & Sargent Inc. CT now owns 103,073 shares of the company’s stock valued at $3,944,000 after purchasing an additional 303 shares during the last quarter. Principal Securities Inc. raised its position in shares of APi Group by 5.8% in the 4th quarter. Principal Securities Inc. now owns 5,736 shares of the company’s stock valued at $219,000 after purchasing an additional 314 shares during the last quarter. Finally, Marshall Wace LLP boosted its stake in APi Group by 4.8% in the 4th quarter. Marshall Wace LLP now owns 6,978 shares of the company’s stock worth $267,000 after purchasing an additional 320 shares in the last quarter. 86.62% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

APG has been the subject of several recent research reports. Royal Bank Of Canada reissued an “outperform” rating on shares of APi Group in a research report on Tuesday, December 23rd. Citigroup reaffirmed a “buy” rating and issued a $49.00 target price (up from $45.00) on shares of APi Group in a research report on Monday, January 12th. Barclays lifted their price target on shares of APi Group from $42.00 to $44.00 and gave the company an “overweight” rating in a research report on Monday, November 3rd. Truist Financial boosted their price objective on shares of APi Group from $41.00 to $50.00 and gave the stock a “buy” rating in a research note on Wednesday, January 21st. Finally, UBS Group set a $49.00 target price on shares of APi Group and gave the company a “buy” rating in a research note on Thursday, January 15th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $43.24.

About APi Group

APi Group Corp. is a global specialty contractor that provides fire protection, security, mechanical insulation and energy services to commercial, industrial and institutional clients. Headquartered in New Brighton, Minnesota, the company designs, installs, inspects, tests, maintains and repairs a wide range of safety and infrastructure systems. Through its network of operating subsidiaries, APi Group delivers end-to-end solutions for new construction, facility renovations and ongoing maintenance requirements.

Its service portfolio spans life safety and industrial services—such as fire suppression systems, fire alarms and emergency lighting—and specialized offerings including technical insulation, access solutions, passive fire protection and energy efficiency upgrades.