APi Group (APG) Revenue & Revenue Breakdown


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APi Group Revenue Highlights


Latest Revenue (Y)

$6.93B

Latest Revenue (Q)

$1.83B

Main Segment (Y)

Safety Services

Main Geography (Y)

Americas

APi Group Revenue by Period


APi Group Revenue by Year

DateRevenueChange
2023-12-31$6.93B5.64%
2022-12-31$6.56B66.45%
2021-12-31$3.94B9.84%
2020-12-31$3.59B264.16%
2019-12-31$985.00M-73.58%
2018-12-31$3.73B22.39%
2017-12-31$3.05B-

APi Group generated $6.93B in revenue during NA 2023, up 5.64% compared to the previous quarter, and up 185.84% compared to the same period a year ago.

APi Group Revenue by Quarter

DateRevenueChange
2024-09-30$1.83B5.55%
2024-06-30$1.73B8.06%
2024-03-31$1.60B-8.98%
2023-12-31$1.76B-1.40%
2023-09-30$1.78B0.73%
2023-06-30$1.77B9.73%
2023-03-31$1.61B-5.23%
2022-12-31$1.70B-1.84%
2022-09-30$1.74B5.22%
2022-06-30$1.65B12.10%
2022-03-31$1.47B32.28%
2021-12-31$1.11B6.21%
2021-09-30$1.05B7.06%
2021-06-30$978.00M21.79%
2021-03-31$803.00M-8.96%
2020-12-31$882.00M-7.93%
2020-09-30$958.00M7.76%
2020-06-30$889.00M3.61%
2020-03-31$858.00M-12.89%
2019-12-31$985.00M-11.54%
2019-09-30$1.11B4.36%
2019-06-30$1.07B15.73%
2019-03-31$922.00M-19.55%
2001-06-30$1.15B-

APi Group generated $1.83B in revenue during Q3 2024, up 5.55% compared to the previous quarter, and up 103.11% compared to the same period a year ago.

APi Group Revenue Breakdown


APi Group Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 22Dec 21Dec 20
Fabrication$253.00M$248.00M$179.00M
Specialty Services$2.03B$1.65B$1.40B
Safety Services$4.58B$2.08B$1.64B
Corporate And Eliminations$-47.00M--
Specialty Contracting$623.00M$614.00M$413.00M
Infrastructure Utility$1.15B$791.00M$809.00M
Life Safety$4.03B$1.64B$1.32B
Heating Ventilation And Air Conditioning$550.00M$437.00M-
Civil-$72.00M$67.00M
Transmission-$205.00M$409.00M
Industrial Services-$277.00M$563.00M
Mechanical--$322.00M
Inspection--$87.00M

APi Group's latest annual revenue breakdown by segment (product or service), as of Dec 22: Safety Services (34.76%), Life Safety (30.58%), Specialty Services (15.42%), Infrastructure Utility (8.77%), Specialty Contracting (4.73%), Heating Ventilation And Air Conditioning (4.18%), Fabrication (1.92%), and Corporate And Eliminations (-0.36%).

Quarterly Revenue by Product

Product/ServiceSep 24Jun 24Mar 24Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Sep 20Jun 20Mar 20
Fabrication$63.00M$47.00M$50.00M$58.00M$55.00M$59.00M$87.00M$53.00M$54.00M$62.00M$45.00M$59.00M$82.00M$58.00M$33.00M$38.00M-
Specialty Contracting$147.00M$160.00M$134.00M$190.00M$135.00M$146.00M$162.00M$99.00M$216.00M$189.00M$171.00M$155.00M$99.00M$112.00M$101.00M$92.00M-
Life Safety$1.20B$1.16B$1.10B$1.10B$1.07B$1.06B$1.01B$1.01B$951.00M$444.00M$428.00M$403.00M$368.00M$322.00M$298.00M$343.00M-
Infrastructure Utility$283.00M$246.00M$205.00M$307.00M$240.00M$305.00M$341.00M$366.00M$142.00M$230.00M$220.00M$201.00M$140.00M$230.00M$215.00M$170.00M-
Heating Ventilation And Air Conditioning$132.00M$115.00M$111.00M$127.00M$123.00M$142.00M$146.00M$125.00M$105.00M$109.00M$98.00M------
Corporate and Elimination---$-2.00M-------------
Specialty Services---$569.00M$555.00M$430.00M$510.00M$590.00M$518.00M$412.00M$481.00M$436.00M$415.00M$321.00M$400.00M$349.00M$300.00M
Safety Services---$1.22B$1.23B$1.19B$1.20B$1.15B$1.15B$1.07B$569.00M$533.00M$512.00M$466.00M$404.00M$371.00M$424.00M
Corporate And Eliminations------$-8.00M----------
Mechanical--------$139.00M$123.00M$82.00M$73.00M$81.00M----
Industrial Services----------$81.00M$103.00M$68.00M$25.00M$158.00M$173.00M$137.00M
Transmission----------$64.00M$68.00M$51.00M$22.00M$127.00M$116.00M$93.00M
Civil----------$17.00M$35.00M$17.00M$3.00M$25.00M$18.00M$7.00M
Inspection--------------$6.00M$39.00M$37.00M

APi Group's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Life Safety (65.81%), Infrastructure Utility (15.48%), Specialty Contracting (8.04%), Heating Ventilation And Air Conditioning (7.22%), and Fabrication (3.45%).

APi Group Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 22Dec 21Dec 20
Americas$1.96B$3.56B$3.35B
Other Countries$69.00M--
FRANCE$564.00M--
Canada And Europe-$379.00M$240.00M

APi Group's latest annual revenue breakdown by geography, as of Dec 22: Americas (75.60%), FRANCE (21.74%), and Other Countries (2.66%).

Quarterly Revenue by Country

CountrySep 24Jun 24Mar 24Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Sep 20Jun 20Mar 20
UNITED STATES$1.18B$1.07B$1.15B--------------
Other Countries$493.00M$499.00M$476.00M$492.00M$6.00M$13.00M$30.00M$25.00M$11.00M$452.00M-------
FRANCE$153.00M$157.00M$162.00M$140.00M$150.00M$156.00M$147.00M$125.00M$144.00M$148.00M-------
Americas--$963.00M$549.00M$417.00M$480.00M$565.00M$507.00M$409.00M$1.01B$955.00M$879.00M$716.00M$901.00M$852.00M$300.00M-
Canada And Europe----------$101.00M$92.00M$99.00M$87.00M---
Canada And United Kingdom--------------$57.00M$37.00M$48.00M

APi Group's latest quarterly revenue breakdown by geography, as of Sep 24: UNITED STATES (64.62%), Other Countries (27.00%), and FRANCE (8.38%).

APi Group Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
EMEEMCOR Group$12.58B$3.70B
APGAPi Group$6.93B$1.83B
PRIMPrimoris Services$5.72B$1.65B
FIXComfort Systems USA$5.21B$1.81B
BLDTopBuild$5.19B$1.28B
DYDycom Industries$4.18B$1.01B
MYRGMYR Group$3.64B$888.04M
GVAGranite Construction$3.51B$1.28B
ACAArcosa$2.31B$640.40M
ROADConstruction Partners$1.82B$517.79M
MTRXMatrix Service Company$728.21M$165.58M

APG Revenue FAQ


What is APi Group’s yearly revenue?

APi Group's yearly revenue for 2023 was $6.93B, representing an increase of 5.64% compared to 2022. The company's yearly revenue for 2022 was $6.56B, representing an increase of 66.45% compared to 2021. APG's yearly revenue for 2021 was $3.94B, representing an increase of 9.84% compared to 2020.

What is APi Group’s quarterly revenue?

APi Group's quarterly revenue for Q3 2024 was $1.83B, a 5.55% increase from the previous quarter (Q2 2024), and a 2.35% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $1.73B, a 8.06% increase from the previous quarter (Q1 2024), and a -2.32% decrease year-over-year (Q2 2023). APG's quarterly revenue for Q1 2024 was $1.6B, a -8.98% decrease from the previous quarter (Q4 2023), and a -0.81% decrease year-over-year (Q1 2023).

What is APi Group’s revenue growth rate?

APi Group's revenue growth rate for the last 3 years (2021-2023) was 75.84%, and for the last 5 years (2019-2023) was 603.35%.

What are APi Group’s revenue streams?

APi Group's revenue streams in c 22 are Fabrication, Specialty Services, Safety Services, Corporate And Eliminations, Specialty Contracting, Infrastructure Utility, Life Safety, and Heating Ventilation And Air Conditioning. Fabrication generated $253M in revenue, accounting 1.92% of the company's total revenue, up 2.02% year-over-year. Specialty Services generated $2.03B in revenue, accounting 15.42% of the company's total revenue, up 22.81% year-over-year. Safety Services generated $4.58B in revenue, accounting 34.76% of the company's total revenue, up 119.95% year-over-year. Corporate And Eliminations generated $-47M in revenue, accounting -0.36% of the company's total revenue Specialty Contracting generated $623M in revenue, accounting 4.73% of the company's total revenue, up 1.47% year-over-year. Infrastructure Utility generated $1.15B in revenue, accounting 8.77% of the company's total revenue, up 45.89% year-over-year. Life Safety generated $4.02B in revenue, accounting 30.58% of the company's total revenue, up 144.98% year-over-year. Heating Ventilation And Air Conditioning generated $550M in revenue, accounting 4.18% of the company's total revenue, up 25.86% year-over-year.

What is APi Group’s main source of revenue?

For the fiscal year ending Dec 22, the largest source of revenue of APi Group was Safety Services. This segment made a revenue of $4.58B, representing 34.76% of the company's total revenue.