APi (APG)

APi is a market-leading business services provider of safety, specialty and industrial services in over 200 locations, primarily in North America. APi provides statutorily mandated services to a strong base of long-standing customers across industries.The Company has a winning leadership culture driven by entrepreneurial business leaders to deliver innovative solutions for its customers.

Company profile

Ticker

APG

Exchange

NYSE

Website

www.apigroupinc.com

CEO

Russell A. Becker

Incorporated

British Virgin Islands

Location

Minnesota

Fiscal year end

Dec 31

Sector

Construction > Water and Sewer Line and Related Structures Construction

Industry (SIC)

Construction - Special Trade Contractors

TopBuild • Matrix Service • Argan • Concrete Pumping • Ameresco • Color Star Technology • Real Goods Solar • Phoenix Plus • Biopower Operations • Limbach ...

SEC CIK

0001796209

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

2570889 Ontario Inc. • 3S Incorporated • 6232698 Canada Inc. • A. P. I. Inc. • A.P.I. Garage Door, Inc. • ABATECO, Inc. • AED-Partner International B.V. • American Fire Protection Group, Inc. • American Fire Systems, LLC • APi Acquisition IV, Inc. ...

IRS number

981510303

APG stock data

1M 1Y 5Y

News

From Benzinga Pro

Recap: APi Q2 Earnings

4 Aug 22

APi Gr (NYSE:APG) reported its Q2 earnings results on Thursday, August 4, 2022 at 06:45 AM. Here's what investors need to know about the announcement.

APi Gr Q2 EPS $0.37 Beats $0.35 Estimate, Sales $1.649B Miss $1.65B Estimate

4 Aug 22

APi Gr (NYSE:APG) reported quarterly earnings of $0.37 per share which beat the analyst consensus estimate of $0.35 by 5.71 percent. This is a 19.35 percent increase over earnings of $0.31 per share from the same period

Earnings Scheduled For August 4, 2022

4 Aug 22

Companies Reporting Before The Bell • Toyota Motor (NYSE:TM) is projected to report earnings for its first quarter.

Benzinga's Top Ratings Upgrades, Downgrades For July 11, 2022

11 Jul 22

B of A Securities Upgrades APi Gr to Buy

11 Jul 22

Press releases

From Benzinga Pro

APi Group Reports Second Quarter and First Half 2022 Financial Results

4 Aug 22

-Record second quarter net revenues of $1.6 billion- -Reported net revenues increased by 69% and net revenues increased on an organic basis by 12% in the second quarter- -Reported and adjusted gross margin expansion

APi Group Announces Date for Second Quarter 2022 Earnings Release

19 Jul 22

APi Group Corporation (NYSE:APG) ("APG", "APi" or the "Company"), announced today that it intends to release its second quarter financial results for the three months ended June 30, 2022 before the market opens on

Analyst ratings and price targets

Last 3 months

Average target

$19.00

Low target

$17.00

High target

$21.00

Calendar

4 Aug 22

16 Aug 22

31 Dec 22

Financial summary

Financial statements Chart APG financial data

Quarter (USD)	Jun 22	Mar 22	Dec 21	Sep 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 21	Dec 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	333M	333M	333M	333M	333M	333M
Cash burn (monthly)	(no burn)	29.67M	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	n/a	46.95M	n/a	n/a	n/a	n/a
Cash remaining	n/a	286.05M	n/a	n/a	n/a	n/a
Runway (months of cash)	n/a	9.6	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from APi earnings reports.

Recent insider trades

APG insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
2 Aug 22	Louis Lambert	RSU Common Stock	Grant	Acquire A	No	No	0	33,539	0	33,539
17 Jun 22	Malkin Anthony E	Common Stock	Buy	Acquire P	Yes	No	14.47	6,300	91.16K	6,300
17 Jun 22	Malkin Anthony E	Common Stock	Buy	Acquire P	Yes	No	14.47	18,900	273.48K	18,900
17 Jun 22	Malkin Anthony E	Common Stock	Buy	Acquire P	No	No	14.47	12,600	182.32K	34,396
15 Jun 22	Ashken Ian G H	Common Stock	Option exercise	Acquire M	No	No	0	4,876	0	4,876
15 Jun 22	Ashken Ian G H	RSU Common Stock	Grant	Acquire A	No	No	0	6,266	0	6,266
15 Jun 22	Ashken Ian G H	RSU Common Stock	Option exercise	Dispose M	No	No	0	4,876	0	0

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

Institutional ownership, Q1 2022

APG institutional ownership history Ownership history

36.0% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	209	194	+7.7%
Opened positions	34	30	+13.3%
Closed positions	19	26	-26.9%
Increased positions	77	74	+4.1%
Reduced positions	61	52	+17.3%

13F shares	Current	Prev Q	Change
Total value	4.7B	4.76B	-1.2%
Total shares	214.28M	187.4M	+14.3%
Total puts	0	0
Total calls	28K	74.1K	-62.2%
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Viking Global Investors	33.46M	$703.73M	+0.4%
Blackstone Holdings III	24.39M	$628.05M	NEW
Vanguard	16.58M	$348.6M	-5.2%
Franklin Martin E	16.34M	$420.82M	+23.4%
BLK Blackrock	13.45M	$282.88M	-0.5%
Allspring Global Investments	8.64M	$181.69M	-1.5%
FIL	8.03M	$168.93M	-0.0%
Clearbridge Advisors	6.2M	$130.34M	-0.6%
Permian Investment Partners	5.66M	$119.03M	-1.0%
Empyrean Capital Partners	5.1M	$107.17M	0.0%

Largest transactions	Shares	Bought/sold	Change
Blackstone Holdings III	24.39M	+24.39M	NEW
Franklin Martin E	16.34M	+3.1M	+23.4%
Senator Investment	0	-2.13M	EXIT
Norges Bank	0	-1.56M	EXIT
Alua Capital Management	4.05M	+1.25M	+44.5%
Vanguard	16.58M	-915.14K	-5.2%
MKFCF Mackenzie Financial	11.37K	-879.38K	-98.7%
PRU Prudential Financial	880.51K	+866.76K	+6301.4%
GS Goldman Sachs	1.2M	+746.71K	+163.6%
Balyasny Asset Management	0	-714.77K	EXIT

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.