APi Group Corporation

APGNYSEIndustrials● Active

$42.20

+$0.22(+0.52%)

Market Cap$18.3B

P/E Ratio—

52W High$49.99

52W Low$31.4

Avg Volume3.0M

Open$42.27

Beta1.61

Free Cash Flow Financials Revenue

APi Group Corporation (APG) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

APG · free cash flow · updated Jun 8, 2026

Core FCF metrics

APG · FCF · TTM · margin & CAGR

Free cash flow was $663.0M for FY2025 (fiscal year ending 2025-12-31), up 23.7% year-over-year The FCF margin was 8.4%. Five-year CAGR stands at +7.7%.

FY2025 Free Cash Flow$663.0M▲ +23.7% YoY

Trailing 12M (TTM)$680.0Mtrailing 4 quarters sum

FCF Margin8.4%$663.0M ÷ revenue

3-Year CAGR+51.4%FY2022 → FY2025

5-Year CAGR+7.7%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

APG · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$759.0M(96M)$663.0M▲ +23.7%8.4%

FY2024$620.0M(84M)$536.0M▲ +25.2%7.6%

FY2023$514.0M(86M)$428.0M▲ +124.1%6.2%

FY2022$270.0M(79M)$191.0M▲ +50.4%2.9%

FY2021$182.0M(55M)$127.0M▼ 72.3%3.2%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

APG · P/FCF · FCF yield · FCF per share

APi Group Corporation (APG) trades at a FCF yield of 3.71% and a price-to-free-cash-flow ratio of 25.9x. FCF per share stands at $1.63, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

3.71%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$1.63

TTM FCF ÷ Shares Outstanding

Price / FCF

x25.9

Share Price ÷ FCF per Share

EV / FCF (TTM)

x26.0

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

APG · cash flow statement · operating / investing / financing

For FY2025, APi Group Corporation generated $759.0M in operating cash flow and spent 96M in capital expenditures, yielding $663.0M in free cash flow.

Operating Activities

+$759.0M

Cash from core business operations

2025-12-31

Investing Activities

−$254.0M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$121.0M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($759.0M) − |CapEx| (96M) = FCF ($663.0M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Industrials)

APG vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

APi Group CorporationYOU

APG

$663.0M+23.7%8.4%

Space Exploration Technologies Corp.

SPCX

−$13.95B-159.0%-74.7%

Loss

Industrials · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

APi Group Corporation (APG) reported free cash flow of $663.0M for FY2025 (fiscal year ending 2025-12-31), up 23.7% year-over-year. The FCF margin was 8.4%.

Based on available data, APi Group Corporation has maintained positive free cash flow for at least 9 fiscal year(s). FCF peaked at $663.0M in FY2025. The 5-year CAGR stands at +7.7%.

APi Group Corporation's FCF yield is 3.71% and price-to-FCF ratio is 25.9x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

APG free cash flow · 8 questions

APi Group Corporation free cash flow was $663.0M for FY2025, up 23.7% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $680.0M.

APG free cash flowAPG FCFAPG FCF 2025APG free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · APi Group Corporation · APi Group Corporation SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026