APi Group (NYSE:APG) Releases Earnings Results, Beats Expectations By $0.04 EPS

APi Group (NYSE:APG) issued its quarterly earnings data on Wednesday. The company reported $0.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.40 by $0.04, FiscalAI reports. APi Group had a net margin of 3.44% and a return on equity of 21.86%. The firm had revenue of $2.12 billion for the quarter, compared to analyst estimates of $2.09 billion. During the same period in the previous year, the firm earned $0.51 EPS. APi Group’s revenue was up 13.8% on a year-over-year basis.

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 0.5%

NYSE APG traded up $0.24 on Wednesday, hitting $45.23. 1,569,227 shares of the stock were exchanged, compared to its average volume of 2,409,093. APi Group has a fifty-two week low of $20.50 and a fifty-two week high of $46.89. The company has a 50-day moving average price of $41.88 and a 200-day moving average price of $38.10. The company has a quick ratio of 1.41, a current ratio of 1.48 and a debt-to-equity ratio of 0.84. The company has a market cap of $18.81 billion, a PE ratio of 123.19 and a beta of 1.70.

Analysts Set New Price Targets

APG has been the topic of a number of research analyst reports. Royal Bank Of Canada reissued an “outperform” rating on shares of APi Group in a research note on Tuesday, December 23rd. Citigroup restated a “buy” rating and set a $49.00 price target (up from $45.00) on shares of APi Group in a research note on Monday, January 12th. Weiss Ratings reiterated a “hold (c+)” rating on shares of APi Group in a report on Monday, December 22nd. CJS Securities upgraded APi Group to a “strong-buy” rating in a report on Thursday, December 11th. Finally, Barclays lifted their target price on APi Group from $42.00 to $44.00 and gave the company an “overweight” rating in a research report on Monday, November 3rd. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, APi Group currently has an average rating of “Moderate Buy” and a consensus price target of $43.24.

Insider Buying and Selling

In other APi Group news, Director Anthony E. Malkin purchased 3,000 shares of the business’s stock in a transaction on Wednesday, December 10th. The shares were bought at an average cost of $39.58 per share, for a total transaction of $118,740.00. Following the completion of the purchase, the director directly owned 7,000 shares in the company, valued at approximately $277,060. This represents a 75.00% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. 17.00% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the business. Silicon Valley Capital Partners boosted its holdings in shares of APi Group by 50.0% in the 3rd quarter. Silicon Valley Capital Partners now owns 858 shares of the company’s stock valued at $29,000 after buying an additional 286 shares in the last quarter. Parallel Advisors LLC boosted its stake in APi Group by 55.3% in 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 boosted its stake in APi Group by 0.3% in the fourth quarter. Bradley Foster & Sargent Inc. CT now owns 103,073 shares of the company’s stock valued at $3,944,000 after acquiring an additional 303 shares in the last quarter. Principal Securities Inc. grew its holdings in shares of APi Group by 5.8% during the fourth quarter. Principal Securities Inc. now owns 5,736 shares of the company’s stock worth $219,000 after purchasing an additional 314 shares during the last quarter. Finally, Marshall Wace LLP increased its position in shares of APi Group by 4.8% during the fourth 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 owned by institutional investors and hedge funds.

APi Group Company Profile

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.