APi Group (APG)
Industrials · Business services and facilities management (fire safety, security, elevator services)
A global fire, life safety, and specialty services provider with 500+ locations delivering mandated inspections and maintenance to diverse end markets through a decentralized, acquisition-driven platform.
What APi Group does
APi Group is a global business services provider specializing in fire and life safety, security, elevator and escalator, and specialty services. The company operates over 500 locations worldwide and delivers statutorily mandated and contracted inspection, installation, maintenance, and monitoring services across diverse end markets. Its business model is built on a substantial recurring revenue base supported by a decentralized operating structure and a disciplined acquisition strategy that has completed 140 acquisitions since 2005.
Themes: ["Fire and life safety services","Security systems and monitoring","Elevator and escalator services","Infrastructure maintenance and repair","Recurring contracted services","Regulatory compliance and inspections","Specialty contracting"]
Fundamentals
- Price$41.63 as of 2026-07-09 close
- Market cap$18.2B as of 2026-07-10
- 1-year return+20.8% as of 2026-07-09 close
- P/E56.12 as of 2026-07-10
- Net margin+4.0% as of 2026-07-10
- Gross margin+31.4% as of 2026-07-10
- ROE+9.7% as of 2026-07-10
- Debt / equity0.88 as of 2026-07-10
- Revenue growth (YoY)+14.6% as of 2026-07-10
- Revenue CAGR (3y)+6.5% SEC XBRL
- Beta1.61 as of 2026-07-10
Key risks (from latest filing)
["Highly fragmented industry with significant competition from international, national, regional, and local providers; inability to maintain market share or pricing power could impact growth","Dependence on regulatory requirements and building code adoption for revenue generation; changes in regulations or enforcement could affect demand for services","Acquisition integration and execution risk; company's growth strategy relies on completing accretive acquisitions and realizing cost synergies and margin expansion from integration"]
Competitors & peers
- Johnson Controls International (JCI)
- Honeywell International (HON)
- Otis Worldwide (OTIS)
- Sensormatic Electronics (acquired)
- ADT Inc.
- Tyco International
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.