FN2 Earnings Intelligence
APi Group Corporation cash flow
APi Group Corporation (APG) Cash Flow (annual) derived from persisted SEC financial facts.
Key Stats
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 |
|---|---|---|---|---|---|
| Market Cap | - | - | - | - | - |
| - Cash | $1,188 | $605 | $479 | $499 | $912 |
| + Debt | $1,767 | $2,789 | $2,327 | $2,753 | $2,759 |
| Enterprise Value | - | - | - | - | - |
| Revenue | $3,940 | $6,558 | $6,928 | $7,018 | $7,911 |
| % Growth | 9.8% | 66.4% | 5.6% | 1.3% | 12.7% |
| Gross Profit | $939 | $1,714 | $1,940 | $2,178 | $2,487 |
| % Margin | 23.8% | 26.1% | 28.0% | 31.0% | 31.4% |
| EBITDA | $211 | $239 | $438 | $564 | $639 |
| % Margin | 5.4% | 3.6% | 6.3% | 8.0% | 8.1% |
| Net Income | $47 | $73 | $153 | $250 | $302 |
| % Margin | 1.2% | 1.1% | 2.2% | 3.6% | 3.8% |
| Diluted EPS | -$0.67 | $0.10 | -$0.68 | -$0.84 | -$0.69 |
| % Growth | 69.7% | 114.9% | -780.0% | -23.5% | 17.9% |
| Operating Cash Flow | $182 | $270 | $514 | $620 | $759 |
| CapEx | $55 | $79 | $86 | $84 | $96 |
| Free Cash Flow | $127 | $191 | $428 | $536 | $663 |
Historical market capitalization is not persisted, so Market Cap and Enterprise Value remain unavailable rather than mixing today's market value into prior periods.
Income Statement
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 |
|---|---|---|---|---|---|
| Revenue | $3,940 | $6,558 | $6,928 | $7,018 | $7,911 |
| Gross Profit | $939 | $1,714 | $1,940 | $2,178 | $2,487 |
| EBITDA | $211 | $239 | $438 | $564 | $639 |
| Net Income | $47 | $73 | $153 | $250 | $302 |
| Diluted EPS | -$0.67 | $0.10 | -$0.68 | -$0.84 | -$0.69 |
Balance Sheet
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $1,188 | $605 | $479 | $499 | $912 |
| Short-term Debt | $1 | $206 | $5 | $4 | $5 |
| Long-term Debt | $1,766 | $2,583 | $2,322 | $2,749 | $2,754 |
| Total Debt | $1,767 | $2,789 | $2,327 | $2,753 | $2,759 |
Cash Flow
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | $182 | $270 | $514 | $620 | $759 |
| Capital Expenditure | $55 | $79 | $86 | $84 | $96 |
| Free Cash Flow | $127 | $191 | $428 | $536 | $663 |
Ratios
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 |
|---|---|---|---|---|---|
| Revenue Growth | 9.8% | 66.4% | 5.6% | 1.3% | 12.7% |
| Gross Margin | 23.8% | 26.1% | 28.0% | 31.0% | 31.4% |
| EBITDA Margin | 5.4% | 3.6% | 6.3% | 8.0% | 8.1% |
| Net Margin | 1.2% | 1.1% | 2.2% | 3.6% | 3.8% |
| FCF Margin | 3.2% | 2.9% | 6.2% | 7.6% | 8.4% |
| Diluted EPS Growth | 69.7% | 114.9% | -780.0% | -23.5% | 17.9% |
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