APi Group (NYSE:APG) Releases Quarterly Earnings Results, Beats Estimates By $0.02 EPS

APi Group (NYSE:APG) announced its quarterly earnings results on Thursday. The company reported $0.32 earnings per share for the quarter, beating the consensus estimate of $0.30 by $0.02, Briefing.com reports. APi Group had a return on equity of 37.63% and a net margin of 3.85%.The firm had revenue of $1.98 billion during the quarter, compared to analyst estimates of $1.92 billion. During the same quarter in the previous year, the business earned $0.37 EPS. APi Group’s revenue for the quarter was up 15.3% compared to the same quarter last year.

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

• APi reported a strong Q1 — net revenues +15% (≈10% organic) and Adjusted EBITDA +21.8% with margin expansion of ~70 bps to 11.9%.
• Cash and leverage provide flexibility — Q1 Adjusted Free Cash Flow $125M, 88% conversion, and net leverage ~1.8x, well below long‑term targets, supporting M&A and capital deployment.
• Accelerated M&A to build Safety Services — closed CertaSite and agreed to acquire WTech (Europe) and Onyx (Canada) (>$1B total); Onyx expected to close in 2Q and WTech in 3Q, and management says these deals are accretive to long‑term targets.
• Management raised full‑year guidance — FY revenue range and Adjusted EBITDA were increased, implying organic growth of ~5%–7% and a midpoint adjusted EBITDA margin of ~13.8%.
• Strong end‑market momentum (Specialty Services organic ≈25%) and inspection/service growth (mid‑ to upper‑single digits) drove results, but mix toward projects and Specialty weighed on adjusted gross margin this quarter.

APi Group Price Performance

NYSE:APG traded up $0.18 during trading hours on Friday, hitting $45.90. 4,242,783 shares of the stock were exchanged, compared to its average volume of 2,878,243. APi Group has a 52-week low of $27.37 and a 52-week high of $49.99. The firm’s fifty day moving average price is $43.69 and its 200 day moving average price is $40.85. The company has a current ratio of 1.44, a quick ratio of 1.43 and a debt-to-equity ratio of 0.79. The company has a market cap of $19.85 billion, a P/E ratio of -60.66, a P/E/G ratio of 2.73 and a beta of 1.67.

Insiders Place Their Bets

In other APi Group news, Director Martin E. Franklin sold 3,000,000 shares of the business’s stock in a transaction that occurred on Thursday, March 19th. The stock was sold at an average price of $40.88, for a total transaction of $122,640,000.00. Following the completion of the sale, the director directly owned 21,240,426 shares in the company, valued at approximately $868,308,614.88. The trade was a 12.38% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director James E. Lillie sold 83,629 shares of the company’s stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $42.94, for a total transaction of $3,591,029.26. Following the sale, the director directly owned 9,522,350 shares of the company’s stock, valued at $408,889,709. The trade was a 0.87% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 3,682,000 shares of company stock worth $152,333,385. Corporate insiders own 18.70% of the company’s stock.

Institutional Investors Weigh In On APi Group

A number of large investors have recently modified their holdings of APG. Caitong International Asset Management Co. Ltd grew its holdings in shares of APi Group by 1,851.3% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 761 shares of the company’s stock worth $29,000 after buying an additional 722 shares in the last quarter. Parallel Advisors LLC grew its position in shares of 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 purchasing an additional 297 shares in the last quarter. Silicon Valley Capital Partners grew its position in shares of APi Group by 50.0% in the third quarter. Silicon Valley Capital Partners now owns 858 shares of the company’s stock valued at $29,000 after purchasing an additional 286 shares in the last quarter. EFG International AG purchased a new stake in shares of APi Group in the fourth quarter valued at approximately $37,000. Finally, CIBC Private Wealth Group LLC grew its position in shares of APi Group by 263.7% in the fourth quarter. CIBC Private Wealth Group LLC now owns 1,051 shares of the company’s stock valued at $40,000 after purchasing an additional 762 shares in the last quarter. Hedge funds and other institutional investors own 86.62% of the company’s stock.

APi Group News Summary

Here are the key news stories impacting APi Group this week:

• Positive Sentiment: Q1 results beat expectations: APi reported $0.32 EPS vs. $0.30 consensus and $1.98B revenue vs. $1.92B consensus; management highlighted 10% organic net revenue growth and ~70 bps adjusted EBITDA margin expansion year‑over‑year — evidence of near‑term operating leverage. APi Group Reports First Quarter 2026 Financial Results
• Positive Sentiment: Analyst narrative is shifting toward recurring revenue and data‑center exposure, which could support a re‑rating if those higher‑margin streams scale as expected. Investors are likely buying on the improved growth/margin storyline. How The APi Group (APG) Narrative Is Shifting Around Recurring Earnings And Data Center Growth
• Neutral Sentiment: Revenue guidance was reaffirmed roughly in line with Street expectations (FY revenue guide ~ $8.5B–$8.7B; Q2 revenue ~ $2.2B), so the beat was not accompanied by an aggressive upside guide. Watch execution against that range. APi Group press materials / slide deck
• Neutral Sentiment: Full earnings call transcript and presentation are available for detail on segment trends, M&A cadence, and data‑center pipeline — useful for assessing sustainability of recurring revenue growth. APi Q1 2026 Earnings Call Transcript Q1 Results Presentation
• Negative Sentiment: Some performance caveats: GAAP EPS declined year‑over‑year (Q1 EPS $0.32 vs. $0.37 a year ago), highlighting that while revenue grew, margin and mix shifts and prior‑year comparables can mute underlying profitability trends. APi: Q1 Earnings Snapshot

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the company. Citigroup restated a “buy” rating and issued a $53.00 price target (up from $52.00) on shares of APi Group in a research note on Friday. Wall Street Zen upgraded APi Group from a “hold” rating to a “buy” rating in a research note on Saturday. UBS Group boosted their price target on shares of APi Group from $54.00 to $56.00 and gave the stock a “buy” rating in a report on Friday. Royal Bank Of Canada boosted their price target on shares of APi Group from $45.00 to $53.00 and gave the stock an “outperform” rating in a report on Thursday, February 26th. Finally, Truist Financial set a $55.00 price target on shares of APi Group and gave the stock a “buy” rating in a report on Friday. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $51.86.

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.