APi Group Corp. (APG) intrinsic value & 10-year financials
APi Group Corp. (APG) has a Graham intrinsic value of $2.69 per share. At $40.15 on Oct 17, 2026, the stock trades 1393% above that value. Over the last 9 fiscal years revenue grew 11.3% a year to $7.9B, with an average return on invested capital of 5.1%.
- Graham intrinsic value
- $2.69
- Share price (Oct 17, 2026)
- $40.15
- Price vs Graham value
- 1393% above
- Market cap
- $16.7B
- Revenue (FY2025)
- $7.9B
- Revenue growth (9-yr CAGR)
- 11.3%
- ROIC (10-yr avg)
- 5.1%
- Free cash flow (FY2025)
- $663.0M
APG 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $7.9B | $302.0M | -$0.69 | $663.0M | 7.0% | 7.5% |
| FY2024 | $7.0B | $250.0M | -$0.84 | $536.0M | 6.9% | 7.7% |
| FY2023 | $6.9B | $153.0M | -$0.68 | $428.0M | 5.2% | 5.5% |
| FY2022 | $6.6B | $73.0M | $0.10 | $191.0M | 2.5% | 3.4% |
| FY2021 | $3.9B | $47.0M | -$0.67 | $127.0M | 3.5% | 2.9% |
| FY2020 | $3.6B | -$153.0M | -$2.21 | $458.0M | -4.6% | -5.3% |
| FY2019 | $985.0M | -$153.0M | -$1.15 | $139.0M | -16.3% | -6.0% |
| FY2018 | $3.7B | $136.0M | — | $38.0M | 4.3% | 24.8% |
| FY2017 | — | — | — | — | — | — |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
APi Group Corp revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.
APi Group Corp has historically struggled to out-earn its cost of capital, averaging just 2.2% ROIC.
APi Group Corp capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, APi Group Corp is modeled at 11.3% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $2.69 per share.