Api Group Corp (APG) - Net Assets
Based on the latest financial reports, Api Group Corp (APG) has net assets worth $3.49 Billion USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($8.97 Billion) and total liabilities ($5.48 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Api Group Corp tangible book value ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $3.49 Billion |
| % of Total Assets | 38.88% |
| Annual Growth Rate | 13.59% |
| 5-Year Change | 46.71% |
| 10-Year Change | N/A |
| Growth Volatility | 63.6 |
Api Group Corp - Net Assets Trend (2017–2025)
This chart illustrates how Api Group Corp's net assets have evolved over time, based on quarterly financial data. See APG defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Api Group Corp (2017–2025)
The table below shows the annual net assets of Api Group Corp from 2017 to 2025. For live valuation and market cap data, see market cap of Api Group Corp.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $3.41 Billion | +15.41% |
| 2024-12-31 | $2.95 Billion | +2.96% |
| 2023-12-31 | $2.87 Billion | +34.84% |
| 2022-12-31 | $2.13 Billion | -8.44% |
| 2021-12-31 | $2.32 Billion | +49.10% |
| 2020-12-31 | $1.56 Billion | -11.33% |
| 2019-12-31 | $1.76 Billion | +177.57% |
| 2018-12-31 | $633.00 Million | -48.52% |
| 2017-12-31 | $1.23 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Api Group Corp's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 24047.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $517.00 Million | 15.17% |
| Common Stock | $41.50K | 0.00% |
| Other Components | $2.89 Billion | 84.83% |
| Total Equity | $3.41 Billion | 100.00% |
Api Group Corp Competitors by Market Cap
The table below lists competitors of Api Group Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Valterra Platinum Limited
JSE:VAL
|
$18.41 Billion |
|
Canon Inc
F:CNNA
|
$18.41 Billion |
|
DSM-Firmenich AG
AS:DSFIR
|
$18.41 Billion |
|
AIB Group PLC
IR:A5G
|
$18.42 Billion |
|
Companhia de Saneamento Básico do Estado de São Paulo - SABESP
F:SAJA
|
$18.41 Billion |
|
Sinoma Science & Technology Co Ltd
SHE:002080
|
$18.40 Billion |
|
Nan Ya Printed Circuit Board Corp
TW:8046
|
$18.36 Billion |
|
General Mills Inc
NYSE:GIS
|
$18.36 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Api Group Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,953,000,000 to 3,408,000,000, a change of 455,000,000 (15.4%).
- Net income of 302,000,000 contributed positively to equity growth.
- Share repurchases of 75,000,000 reduced equity.
- Other comprehensive income increased equity by 567,000,000.
- Other factors decreased equity by 339,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $302.00 Million | +8.86% |
| Share Repurchases | $75.00 Million | -2.2% |
| Other Comprehensive Income | $567.00 Million | +16.64% |
| Other Changes | $-339.00 Million | -9.95% |
| Total Change | $- | 15.41% |
Book Value vs Market Value Analysis
This analysis compares Api Group Corp's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 5.19x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 4.18x to 5.19x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | $10.16 | $42.50 | x |
| 2018-12-31 | $3.61 | $42.50 | x |
| 2019-12-31 | $6.74 | $42.50 | x |
| 2020-12-31 | $6.13 | $42.50 | x |
| 2021-12-31 | $7.53 | $42.50 | x |
| 2022-12-31 | $5.33 | $42.50 | x |
| 2023-12-31 | $8.13 | $42.50 | x |
| 2024-12-31 | $11.03 | $42.50 | x |
| 2025-12-31 | $8.19 | $42.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Api Group Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 8.86%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.82%
- • Asset Turnover: 0.89x
- • Equity Multiplier: 2.62x
- Recent ROE (8.86%) is above the historical average (4.46%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 9.11% | 3.68% | 2.48x | 1.00x | $-10.97 Million |
| 2018 | 21.48% | 3.65% | 1.83x | 3.22x | $72.70 Million |
| 2019 | -8.71% | -15.53% | 0.25x | 2.28x | $-328.70 Million |
| 2020 | -9.82% | -4.27% | 0.88x | 2.61x | $-308.80 Million |
| 2021 | 2.02% | 1.19% | 0.76x | 2.22x | $-185.30 Million |
| 2022 | 3.43% | 1.11% | 0.81x | 3.80x | $-139.70 Million |
| 2023 | 5.33% | 2.21% | 0.91x | 2.65x | $-133.80 Million |
| 2024 | 8.47% | 3.56% | 0.86x | 2.76x | $-45.30 Million |
| 2025 | 8.86% | 3.82% | 0.89x | 2.62x | $-38.80 Million |
Industry Comparison
This section compares Api Group Corp's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $616,879,078
- Average return on equity (ROE) among peers: -7.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Api Group Corp (APG) | $3.49 Billion | 9.11% | 1.57x | $18.41 Billion |
| Arcosa Inc (ACA) | $1.79 Billion | 6.33% | 0.29x | $6.03 Billion |
| Aecom Technology Corporation (ACM) | $2.38 Billion | 2.32% | 3.71x | $9.19 Billion |
| Argan Inc (AGX) | $44.51 Million | -0.25% | 1.72x | $8.69 Billion |
| Ameresco Inc (AMRC) | $74.09 Million | 24.66% | 2.94x | $944.75 Million |
| Concrete Pumping Holdings Class A (BBCP) | $308.24 Million | 10.31% | 1.93x | $401.56 Million |
| Topbuild Corp (BLD) | $915.73 Million | 8.62% | 0.79x | $11.34 Billion |
| Blink Charging Co (BLNK) | $7.43 Million | -129.79% | 0.61x | $96.46 Million |
| Bowman Consulting Group Ltd (BWMN) | $17.14 Million | 5.78% | 2.71x | $483.57 Million |
| Cadeler A/S (CDLR) | $10.66 Million | 8.62% | 11.65x | $2.15 Billion |
About Api Group Corp
APi Group Corporation provides fire and life safety, security, elevator and escalator, and specialty services worldwide. It operates in two segments, Safety Services and Specialty Services. The company offers fire protection solutions; electronic security systems; and elevators and escalators, including the design, installation, inspection, service, and monitoring of life safety systems to high t… Read more