APG vs. NXT: APi Group vs. Nextracker Stock Comparison

November 11, 2026

How do APi Group (APG) and Nextracker (NXT) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

APi Group (APG) and Nextracker (NXT) both fall under the Capital Goods industry group, but APG is classified in Construction & Engineering while NXT is classified in Electrical Equipment.

Company profile comparison for APi Group (APG) and Nextracker (NXT)
Profile Item	APG	NXT
Name	APi Group Corporation Common Stock	Nextpower Inc. Class A Common Stock
Country/Region	United States	United States
GICS Sector	Industrials	Industrials
GICS Industry Group	Capital Goods	Capital Goods
GICS Industry	Construction & Engineering	Electrical Equipment
GICS Sub-Industry	Construction & Engineering	Electrical Components & Equipment
Market Capitalization	17.38 billion USD	16.00 billion USD
Currency	USD	USD
Exchange	NYSE	Nasdaq
Listing Date	April 29, 2020	February 9, 2023
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

APG

NXT

GSPC

APi Group (APG) vs. Nextracker (NXT), with S&P 500 (GSPC) for reference: 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 Nextracker (NXT). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for APi Group (APG) and Nextracker (NXT). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for APi Group (APG) and Nextracker (NXT)
Metric	APG	NXT
Total Return (1Y)	17.89%	0.06%
Total Return (3Y, Annualized)	33.17%	45.51%
Total Return (5Y, Annualized)	23.35%	--

Risk Profile

Drawdown History

APG

NXT

GSPC

APi Group (APG) vs. Nextracker (NXT), with S&P 500 (GSPC) for reference: 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 Nextracker (NXT). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for APi Group (APG) and Nextracker (NXT)
Metric	APG	NXT
Volatility (1Y, Annualized)	32.45%	68.10%
Beta (5Y)	1.59	1.66
Max Drawdown (5Y)	-49.62%	-51.10%
Avg. Volume (3M)	3.19M	2.38M

Risk-Adjusted Performance

Risk-Return Positioning

APG and NXT are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for APi Group (APG) and Nextracker (NXT)
Metric	APG	NXT
Sharpe Ratio (1Y)	0.42	-0.06
Sortino Ratio (1Y)	0.61	-0.09

Profitability

ROE (TTM)

Nextracker (NXT) at 26.46% sits in the top ROE quartile, while APi Group (APG) at 10.85% is closer to the peer norm — stronger capital efficiency for NXT.

APG

Capital Goods industry group

10.85%

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

NXT

Capital Goods industry group

26.46%

Max: 40.55%
NXT: 26.46%
Q3: 19.29%
Median: 12.12%
Q1: 4.08%
Min: -17.12%

APi Group (APG) vs. Nextracker (NXT): A comparison of their ROE against the Capital Goods industry group benchmark.

Net Margin (TTM)

Nextracker (NXT) at 15.98% retains a top-quartile share of revenue as profit, ahead of APi Group (APG) at 4.12%, which keeps about the industry-typical share.

APG

Capital Goods industry group

4.12%

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

NXT

Capital Goods industry group

15.98%

Max: 27.47%
NXT: 15.98%
Q3: 12.10%
Median: 6.30%
Q1: 1.40%
Min: -12.89%

APi Group (APG) vs. Nextracker (NXT): A comparison of their net margin against the Capital Goods industry group benchmark.

Operating Margin (TTM)

Nextracker (NXT) at 20.06% operates in the top operating margin quartile, ahead of APi Group (APG) at 9.28%, which runs around its industry’s norm.

APG

Capital Goods industry group

9.28%

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

NXT

Capital Goods industry group

20.06%

Max: 36.60%
NXT: 20.06%
Q3: 18.33%
Median: 11.12%
Q1: 5.14%
Min: -12.63%

APi Group (APG) vs. Nextracker (NXT): A comparison of their operating margin against the Capital Goods industry group benchmark.

Profitability Metrics

Profitability metrics for APi Group (APG) and Nextracker (NXT)
Metric	APG	NXT
ROE (TTM)	10.85%	26.46%
ROA (TTM)	5.20%	10.75%
Net Margin (TTM)	4.12%	15.98%
Operating Margin (TTM)	9.28%	20.06%
Gross Margin (TTM)	31.11%	21.84%

Growth

Revenue Growth

Nextracker (NXT) at 20.28% sits in the top revenue growth quartile, while APi Group (APG) at 12.72% is closer to the peer norm — faster top-line expansion for NXT.

APi Group (APG) vs. Nextracker (NXT): A comparison of their Revenue Growth across different time periods.

EPS Growth

Only one side can be read here: Nextracker (NXT) reports EPS growth of 10.66%, ranked against its industry; APi Group (APG) has no EPS growth figure this period.

APi Group (APG) vs. Nextracker (NXT): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for APi Group (APG) and Nextracker (NXT)
Metric	APG	NXT
Revenue Growth (YoY)	12.72%	20.28%
Revenue Growth (3Y CAGR)	6.45%	23.23%
EPS Growth (YoY)	--	10.66%
EPS Growth (3Y CAGR)	--	476.90%

Financial Strength

Current Ratio (MRQ)

Nextracker (NXT) at 2.23 keeps current ratio within its industry’s typical mid-range, while APi Group (APG) at 1.18 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for APG.

APG

Capital Goods industry group

1.18

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

NXT

Capital Goods industry group

2.23

Max: 5.22
Q3: 2.95
NXT: 2.23
Median: 2.08
Q1: 1.43
Min: 0.36

APi Group (APG) vs. Nextracker (NXT): A comparison of their current ratio against the Capital Goods industry group benchmark.

Debt / Equity (MRQ)

Nextracker (NXT) at 0.02 keeps leverage in the lower industry quartile, while APi Group (APG) at 1.12 runs a more typical debt-to-equity mix.

APG

Capital Goods industry group

1.12

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

NXT

Capital Goods industry group

0.02

Max: 2.33
Q3: 1.12
Median: 0.60
Q1: 0.29
NXT: 0.02
Min: 0.00

APi Group (APG) vs. Nextracker (NXT): A comparison of their debt-to-equity ratio against the Capital Goods industry group benchmark.

Financial Strength Metrics

Financial strength metrics for APi Group (APG) and Nextracker (NXT)
Metric	APG	NXT
Current Ratio (MRQ)	1.18	2.23
Debt / Equity (MRQ)	1.12	0.02
Net Debt / EBITDA	3.05	-1.30

Dividends

Dividend Yield (TTM)

Neither APi Group (APG) nor Nextracker (NXT) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.

APG

Capital Goods industry group

0.00%

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

NXT

Capital Goods industry group

0.00%

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

APi Group (APG) vs. Nextracker (NXT): A comparison of their dividend yield against the Capital Goods industry group benchmark.

Dividend Payout Ratio (TTM)

Neither APi Group (APG) nor Nextracker (NXT) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.

APG

Capital Goods industry group

0.00%

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

NXT

Capital Goods industry group

0.00%

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

APi Group (APG) vs. Nextracker (NXT): A comparison of their payout ratio against the Capital Goods industry group benchmark.

Dividend Metrics

Dividend metrics for APi Group (APG) and Nextracker (NXT)
Metric	APG	NXT
Dividend Yield (TTM)	0.00%	0.00%
Dividend Payout Ratio (TTM)	0.00%	0.00%

Valuation

P/E Ratio (TTM)

An earnings multiple is available for just one side: Nextracker (NXT) trades at 26.42 times trailing earnings, ranked against its peers, while APi Group (APG) has no P/E ratio this period.

APG

Capital Goods industry group

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

NXT

Capital Goods industry group

26.42

Max: 59.38
Q3: 35.92
NXT: 26.42
Median: 25.41
Q1: 19.47
Min: 3.03

APi Group (APG) vs. Nextracker (NXT): APG does not report P/E ratio, so it has no value marker; NXT is benchmarked against the Capital Goods industry group.

P/S Ratio (TTM)

APi Group (APG) at 1.95 is priced about in line with its industry on P/S ratio, while Nextracker (NXT) at 4.17 sits in the pricier quartile — NXT costs more per dollar of sales.

APG

Capital Goods industry group

1.95

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

NXT

Capital Goods industry group

4.17

Max: 7.54
NXT: 4.17
Q3: 3.76
Median: 2.15
Q1: 1.03
Min: 0.03

APi Group (APG) vs. Nextracker (NXT): A comparison of their P/S ratio against the Capital Goods industry group benchmark.

P/B Ratio (MRQ)

Both APi Group (APG) at 5.01 and Nextracker (NXT) at 5.98 carry a premium to book value versus peers, sitting in the upper P/B ratio quartile of their industries.

APG

Capital Goods industry group

5.01

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

NXT

Capital Goods industry group

5.98

Max: 9.66
NXT: 5.98
Q3: 5.00
Median: 3.12
Q1: 1.81
Min: -1.08

APi Group (APG) vs. Nextracker (NXT): A comparison of their P/B ratio against the Capital Goods industry group benchmark.

Valuation Metrics

Valuation metrics for APi Group (APG) and Nextracker (NXT)
Metric	APG	NXT
P/E Ratio (TTM)	--	26.42
P/S Ratio (TTM)	1.95	4.17
P/B Ratio (MRQ)	5.01	5.98
Free Cash Flow Yield (TTM)	3.54%	2.32%