APG vs. WTS: APi Group vs. Watts Water Stock Comparison

November 11, 2026

How do APi Group (APG) and Watts Water (WTS) 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 Watts Water (WTS) both fall under the Capital Goods industry group, but APG is classified in Construction & Engineering while WTS is classified in Machinery.

Watts Water (WTS) has more than two decades of public-market history since August 21, 1986, whereas APi Group (APG) listed on April 29, 2020 and has a much shorter record to draw on.

Company profile comparison for APi Group (APG) and Watts Water (WTS)
Profile Item	APG	WTS
Name	APi Group Corporation Common Stock	Watts Water Technologies, 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	Machinery
GICS Sub-Industry	Construction & Engineering	Industrial Machinery & Supplies & Components
Market Capitalization	17.38 billion USD	11.55 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	April 29, 2020	August 21, 1986
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

APG

WTS

GSPC

APi Group (APG) vs. Watts Water (WTS), 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 Watts Water (WTS). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for APi Group (APG) and Watts Water (WTS)
Metric	APG	WTS
Total Return (1Y)	17.89%	33.85%
Total Return (3Y, Annualized)	33.17%	25.59%
Total Return (5Y, Annualized)	23.35%	12.56%

Risk Profile

Drawdown History

APG

WTS

GSPC

APi Group (APG) vs. Watts Water (WTS), 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 Watts Water (WTS). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for APi Group (APG) and Watts Water (WTS)
Metric	APG	WTS
Volatility (1Y, Annualized)	32.45%	27.38%
Beta (5Y)	1.59	1.11
Max Drawdown (5Y)	-49.62%	-44.08%
Avg. Volume (3M)	3.19M	225.08K

Risk-Adjusted Performance

Risk-Return Positioning

APG and WTS 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 Watts Water (WTS)
Metric	APG	WTS
Sharpe Ratio (1Y)	0.42	1.08
Sortino Ratio (1Y)	0.61	1.78

Profitability

ROE (TTM)

Watts Water (WTS) at 20.91% sits in the top ROE quartile, while APi Group (APG) at 10.85% is closer to the peer norm — stronger capital efficiency for WTS.

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%

WTS

Capital Goods industry group

20.91%

Max: 40.55%
WTS: 20.91%
Q3: 19.29%
Median: 12.12%
Q1: 4.08%
Min: -17.12%

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

Net Margin (TTM)

Watts Water (WTS) at 16.00% 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%

WTS

Capital Goods industry group

16.00%

Max: 27.47%
WTS: 16.00%
Q3: 12.10%
Median: 6.30%
Q1: 1.40%
Min: -12.89%

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

Operating Margin (TTM)

Watts Water (WTS) at 20.85% 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%

WTS

Capital Goods industry group

20.85%

Max: 36.60%
WTS: 20.85%
Q3: 18.33%
Median: 11.12%
Q1: 5.14%
Min: -12.63%

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

Profitability Metrics

Profitability metrics for APi Group (APG) and Watts Water (WTS)
Metric	APG	WTS
ROE (TTM)	10.85%	20.91%
ROA (TTM)	5.20%	12.05%
Net Margin (TTM)	4.12%	16.00%
Operating Margin (TTM)	9.28%	20.85%
Gross Margin (TTM)	31.11%	49.09%

Growth

Revenue Growth

Both APi Group (APG) at 12.72% and Watts Water (WTS) at 8.27% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

APi Group (APG) vs. Watts Water (WTS): A comparison of their Revenue Growth across different time periods.

EPS Growth

Only one side can be read here: Watts Water (WTS) reports EPS growth of 17.03%, ranked against its industry; APi Group (APG) has no EPS growth figure this period.

APi Group (APG) vs. Watts Water (WTS): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for APi Group (APG) and Watts Water (WTS)
Metric	APG	WTS
Revenue Growth (YoY)	12.72%	8.27%
Revenue Growth (3Y CAGR)	6.45%	7.20%
EPS Growth (YoY)	--	17.03%
EPS Growth (3Y CAGR)	--	10.78%

Financial Strength

Current Ratio (MRQ)

Watts Water (WTS) at 2.80 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

WTS

Capital Goods industry group

2.80

Max: 5.22
Q3: 2.95
WTS: 2.80
Median: 2.08
Q1: 1.43
Min: 0.36

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

Debt / Equity (MRQ)

Watts Water (WTS) at 0.08 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

WTS

Capital Goods industry group

0.08

Max: 2.33
Q3: 1.12
Median: 0.60
Q1: 0.29
WTS: 0.08
Min: 0.00

APi Group (APG) vs. Watts Water (WTS): 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 Watts Water (WTS)
Metric	APG	WTS
Current Ratio (MRQ)	1.18	2.80
Debt / Equity (MRQ)	1.12	0.08
Net Debt / EBITDA	3.05	-0.40

Dividends

Dividend Yield (TTM)

APi Group (APG) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Watts Water (WTS) reports a yield of 0.66%, ranking against industry peers normally.

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%

WTS

Capital Goods industry group

0.66%

Max: 2.66%
Q3: 1.14%
WTS: 0.66%
Median: 0.24%
Q1: 0.00%
Min: 0.00%

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

Dividend Payout Ratio (TTM)

APi Group (APG) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Watts Water (WTS) reports a payout of 17.24%, ranking against industry peers normally.

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%

WTS

Capital Goods industry group

17.24%

Max: 67.39%
Q3: 28.02%
WTS: 17.24%
Median: 6.86%
Q1: 0.00%
Min: 0.00%

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

Dividend Metrics

Dividend metrics for APi Group (APG) and Watts Water (WTS)
Metric	APG	WTS
Dividend Yield (TTM)	0.00%	0.66%
Dividend Payout Ratio (TTM)	0.00%	17.24%

Valuation

P/E Ratio (TTM)

An earnings multiple is available for just one side: Watts Water (WTS) trades at 25.95 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: --

WTS

Capital Goods industry group

25.95

Max: 59.38
Q3: 35.92
WTS: 25.95
Median: 25.41
Q1: 19.47
Min: 3.03

APi Group (APG) vs. Watts Water (WTS): APG does not report P/E ratio, so it has no value marker; WTS 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 Watts Water (WTS) at 4.14 sits in the pricier quartile — WTS 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

WTS

Capital Goods industry group

4.14

Max: 7.54
WTS: 4.14
Q3: 3.76
Median: 2.15
Q1: 1.03
Min: 0.03

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

P/B Ratio (MRQ)

Watts Water (WTS) at 4.98 is valued about in line with its industry on P/B ratio, while APi Group (APG) at 5.01 carries an above-peer premium to book — APG is pricier on assets.

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

WTS

Capital Goods industry group

4.98

Max: 9.66
Q3: 5.00
WTS: 4.98
Median: 3.12
Q1: 1.81
Min: -1.08

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

Valuation Metrics

Valuation metrics for APi Group (APG) and Watts Water (WTS)
Metric	APG	WTS
P/E Ratio (TTM)	--	25.95
P/S Ratio (TTM)	1.95	4.14
P/B Ratio (MRQ)	5.01	4.98
Free Cash Flow Yield (TTM)	3.54%	2.21%