APi Group (APG) Stock Analysis

November 11, 2026

This is a peer-relative look at APi Group (APG): its performance, risk, profitability, growth, financial strength, dividend, and valuation are each measured against its Capital Goods peers, so every number reads in context rather than in isolation.

Company Profile

Company profile fields for APi Group (APG)
Profile Item	APG
Name	APi Group Corporation Common Stock
Country/Region	United States
GICS Sector	Industrials
GICS Industry Group	Capital Goods
GICS Industry	Construction & Engineering
GICS Sub-Industry	Construction & Engineering
Market Capitalization	17.38 billion USD
Currency	USD
Exchange	NYSE
Listing Date	April 29, 2020
Security Type	Common Stock

Price Performance

Cumulative Growth

APG

GSPC

APi Group (APG) vs. S&P 500 (GSPC): Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for APi Group (APG) and S&P 500 (GSPC). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for APi Group (APG) and S&P 500 (GSPC). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

APi Group (APG) metric values compared with Capital Goods industry-group medians
Metric	Current stock: APG	Industry group median
Total Return (1Y)	17.89%	6.84%
Total Return (3Y, Annualized)	33.17%	17.66%
Total Return (5Y, Annualized)	23.35%	9.09%

Risk Profile

Drawdown History

APG

GSPC

APi Group (APG) vs. S&P 500 (GSPC): Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for APi Group (APG) and S&P 500 (GSPC). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

APi Group (APG) metric values compared with Capital Goods industry-group medians
Metric	Current stock: APG	Industry group median
Volatility (1Y, Annualized)	32.45%	44.38%
Beta (5Y)	1.59	1.19
Max Drawdown (5Y)	-49.62%	-49.95%

Risk-Adjusted Performance

Risk-Return Positioning

Each dot is a stock plotted by 1-year volatility (risk) and 1-year return. APG is highlighted; the dashed line is the Capital Allocation Line from the risk-free rate through the industry median — dots above it are stronger on a risk-adjusted basis.

Risk-Adjusted Metrics

APi Group (APG) metric values compared with Capital Goods industry-group medians
Metric	Current stock: APG	Industry group median
Sharpe Ratio (1Y)	0.42	0.06
Sortino Ratio (1Y)	0.61	0.09

Profitability

ROE (TTM)

APi Group (APG) posts ROE of 10.85%, roughly around the peer group’s normal range. Shareholders’ equity is producing a return that looks broadly typical for the industry.

APG

Capital Goods industry group

10.85%

Group distribution

Max: 40.55%
Q3: 19.29%
Median: 12.12%
APG: 10.85%
Q1: 4.08%
Min: -17.12%

Largest peers

GEV: 93.04%
CAT: 56.14%
GE: 50.17%
DE: 18.24%
RTX: 12.85%
APG: 10.85%
BA: --

Where APi Group (APG) stands on ROE within its Capital Goods peer group — the box is the group’s distribution and the dots its largest members.

Net Margin (TTM)

APi Group (APG) keeps 4.12% of revenue as net profit, roughly in line with the peer group’s normal net margin range. Its full cost stack is taking a typical share of sales for the industry.

APG

Capital Goods industry group

4.12%

Group distribution

Max: 27.47%
Q3: 12.10%
Median: 6.30%
APG: 4.12%
Q1: 1.40%
Min: -12.89%

Largest peers

GEV: 23.54%
GE: 17.31%
CAT: 15.21%
DE: 10.17%
RTX: 8.75%
BA: 8.07%
APG: 4.12%

Where APi Group (APG) stands on net margin within its Capital Goods peer group — the box is the group’s distribution and the dots its largest members.

Operating Margin (TTM)

APi Group (APG) turns 9.28% of revenue into operating profit, roughly in line with the peer group’s normal operating margin range. Its core cost structure looks typical for the industry.

APG

Capital Goods industry group

9.28%

Group distribution

Max: 36.60%
Q3: 18.33%
Median: 11.12%
APG: 9.28%
Q1: 5.14%
Min: -12.63%

Largest peers

CAT: 20.19%
GE: 18.49%
RTX: 15.54%
DE: 13.37%
GEV: 12.77%
APG: 9.28%
BA: 0.30%

Where APi Group (APG) stands on operating margin within its Capital Goods peer group — the box is the group’s distribution and the dots its largest members.

Profitability Metrics

APi Group (APG) metric values compared with Capital Goods industry-group medians
Metric	Current stock: APG	Industry group median
ROE (TTM)	10.85%	12.12%
ROA (TTM)	5.20%	5.29%
Net Margin (TTM)	4.12%	6.30%
Operating Margin (TTM)	9.28%	11.12%
Gross Margin (TTM)	31.11%	29.63%

Growth

Revenue Growth

APi Group (APG) grew revenue 12.72%, roughly around the peer group's normal range. Top-line momentum looks broadly typical for the industry.

APi Group (APG): Revenue Growth across different time periods, set against Capital Goods industry-group medians.

EPS Growth

No usable EPS growth is available for APi Group (APG) this period, so the earnings-momentum read is skipped.

APi Group (APG) doesn't report EPS Growth this period; the bars show the Capital Goods industry-group medians on their own.

Growth Metrics

APi Group (APG) metric values compared with Capital Goods industry-group medians
Metric	Current stock: APG	Industry group median
Revenue Growth (YoY)	12.72%	8.11%
Revenue Growth (3Y CAGR)	6.45%	6.45%
EPS Growth (YoY)	--	5.45%
EPS Growth (3Y CAGR)	--	7.15%

Financial Strength

Current Ratio (MRQ)

APi Group (APG) has current ratio of 1.18, in the tighter-liquidity quartile for its industry. The short-term cushion is thinner than most peers carry, even if the absolute comfort level still depends on the business model.

APG

Capital Goods industry group

1.18

Group distribution

Max: 5.22
Q3: 2.95
Median: 2.08
Q1: 1.43
APG: 1.18
Min: 0.36

Largest peers

DE: 2.13
CAT: 1.42
APG: 1.18
BA: 1.13
RTX: 1.05
GE: 0.98
GEV: 0.83

Where APi Group (APG) stands on current ratio within its Capital Goods peer group — the box is the group’s distribution and the dots its largest members.

Debt / Equity (MRQ)

APi Group (APG) has debt-to-equity ratio of 1.12, roughly in line with the peer group’s normal leverage range. Its mix of debt and equity looks typical for the industry.

APG

Capital Goods industry group

1.12

Group distribution

Max: 2.33
Q3: 1.12
APG: 1.12
Median: 0.60
Q1: 0.29
Min: 0.00

Largest peers

BA: 7.39
DE: 2.30
CAT: 2.10
GE: 1.16
APG: 1.12
RTX: 0.55
GEV: 0.30

Where APi Group (APG) stands on debt-to-equity ratio within its Capital Goods peer group — the box is the group’s distribution and the dots its largest members.

Financial Strength Metrics

APi Group (APG) metric values compared with Capital Goods industry-group medians
Metric	Current stock: APG	Industry group median
Current Ratio (MRQ)	1.18	2.08
Debt / Equity (MRQ)	1.12	0.60
Net Debt / EBITDA	3.05	1.78

Dividends

Dividend Yield (TTM)

APi Group (APG) pays no dividend, leaving dividend yield at 0.00% this period. Shareholders may still receive value through reinvestment or buybacks, but there is no dividend income to compare here.

APG

Capital Goods industry group

0.00%

Group distribution

Max: 2.66%
Q3: 1.14%
Median: 0.24%
APG: 0.00%
Q1: 0.00%
Min: 0.00%

Largest peers

RTX: 1.47%
CAT: 1.13%
DE: 0.98%
GE: 0.56%
GEV: 0.26%
APG: 0.00%
BA: 0.00%

Where APi Group (APG) stands on dividend yield within its Capital Goods peer group — the box is the group’s distribution and the dots its largest members.

Dividend Payout Ratio (TTM)

APi Group (APG) paid no earnings out as dividends this period, leaving payout ratio at 0.00%. There is no dividend payout to size against earnings.

APG

Capital Goods industry group

0.00%

Group distribution

Max: 67.39%
Q3: 28.02%
Median: 6.86%
APG: 0.00%
Q1: 0.00%
Min: 0.00%

Largest peers

RTX: 45.85%
DE: 36.02%
CAT: 24.18%
GE: 20.23%
GEV: 4.59%
APG: 0.00%
BA: 0.00%

Where APi Group (APG) stands on payout ratio within its Capital Goods peer group — the box is the group’s distribution and the dots its largest members.

Dividend Metrics

APi Group (APG) metric values compared with Capital Goods industry-group medians
Metric	Current stock: APG	Industry group median
Dividend Yield (TTM)	0.00%	0.24%
Dividend Payout Ratio (TTM)	0.00%	6.86%

Valuation

P/E Ratio (TTM)

No usable P/E ratio is available for APi Group (APG) this period, so the trailing-earnings valuation read is skipped.

APG

Capital Goods industry group

Group distribution

Max: 59.38
Q3: 35.92
Median: 25.41
Q1: 19.47
Min: 3.03
APG: --

Largest peers

DE: 37.33
GE: 36.94
RTX: 30.82
CAT: 21.92
GEV: 20.32
BA: 17.89
APG: --

APi Group (APG) doesn’t report P/E ratio this period; the box shows the Capital Goods group’s distribution and the dots its largest members.

P/S Ratio (TTM)

APi Group (APG) trades at 1.95 on P/S ratio, roughly in the peer group’s normal range. The market is not making a strong cheap-or-rich statement about its revenue base.

APG

Capital Goods industry group

1.95

Group distribution

Max: 7.54
Q3: 3.76
Median: 2.15
APG: 1.95
Q1: 1.03
Min: 0.03

Largest peers

GE: 6.38
GEV: 4.65
DE: 3.78
CAT: 3.29
RTX: 2.66
APG: 1.95
BA: 1.45

Where APi Group (APG) stands on P/S ratio within its Capital Goods peer group — the box is the group’s distribution and the dots its largest members.

P/B Ratio (MRQ)

APi Group (APG) trades at 5.01 on P/B ratio, in the higher book-value quartile. The market is paying a premium to book, so stronger ROE, cleaner assets, or a better growth profile need to justify it.

APG

Capital Goods industry group

5.01

Group distribution

Max: 9.66
APG: 5.01
Q3: 5.00
Median: 3.12
Q1: 1.81
Min: -1.08

Largest peers

BA: 20.99
GE: 19.06
GEV: 18.00
CAT: 11.90
DE: 6.47
APG: 5.01
RTX: 3.69

Where APi Group (APG) stands on P/B ratio within its Capital Goods peer group — the box is the group’s distribution and the dots its largest members.

Valuation Metrics

APi Group (APG) metric values compared with Capital Goods industry-group medians
Metric	Current stock: APG	Industry group median
P/E Ratio (TTM)	--	25.41
P/S Ratio (TTM)	1.95	2.15
P/B Ratio (MRQ)	5.01	3.12
Free Cash Flow Yield (TTM)	3.54%	3.03%