US-listed companies
APi Group Corp

APi Group CorpAPG

Market cap

$8.5B

P/E ratio

1211x

Income statement Balance sheet Cash flow

	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023
Net income	-153	47	73	153
Depreciation	81	75	77	79
Amortization	182	127	227	224
Depreciation	81	75	77	79
Restructuring Charges	-	-	22	9
Amortization	182	127	227	224
Restructuring Charges	-	-	22	9
Deferred taxes	74	-6	47	32
Share-based compensation expense	5	12	18	29
Profit-sharing expense	-	15	15	19
Noncash Lease Expense	30	31	67	88
Net periodic pension benefit	-	-	35	8
Loss (gain) on extinguishment of debt, net	-	-9	5	-7
Loss (gain) on extinguishment of debt, net	-	-9	5	-7
Other, net	-	-7	-3	-
Other, net	-	-7	-3	-
Pension contributions	-	-	34	4
Pension contributions	-	-	34	4
Net income	-153	47	73	153
Accounts receivable	-120	99	148	69
Contract assets	-118	73	69	-26
Accounts receivable	-120	99	148	69
Inventories	-11	2	30	-13
Contract assets	-118	73	69	-26
Prepaid expenses and other current assets	2	-4	1	14
Inventories	-11	2	30	-13
Accounts payable	-24	78	71	-14
Prepaid expenses and other current assets	2	-4	1	14
Accrued liabilities and income taxes payable	12	15	47	42
Accounts payable	-24	78	71	-14
Contract liabilities	17	19	71	51
Accrued liabilities and income taxes payable	12	15	47	42
Other assets and liabilities	-	89	52	85
Contract liabilities	17	19	71	51
Other assets and liabilities	-	89	52	85
Depreciation	81	75	77	79
Amortization	182	127	227	224
Depreciation	81	75	77	79
Restructuring Charges	-	-	22	9
Amortization	182	127	227	224
Restructuring Charges	-	-	22	9
Deferred taxes	74	-6	47	32
Share-based compensation expense	5	12	18	29
Profit-sharing expense	-	15	15	19
Noncash Lease Expense	30	31	67	88
Net periodic pension benefit	-	-	35	8
Loss (gain) on extinguishment of debt, net	-	-9	5	-7
Loss (gain) on extinguishment of debt, net	-	-9	5	-7
Other, net	-	-7	-3	-
Other, net	-	-7	-3	-
Pension contributions	-	-	34	4
Pension contributions	-	-	34	4
Net cash provided by operating activities	496	182	270	514
Accounts receivable	-120	99	148	69
Contract assets	-118	73	69	-26
Accounts receivable	-120	99	148	69
Inventories	-11	2	30	-13
Contract assets	-118	73	69	-26
Prepaid expenses and other current assets	2	-4	1	14
Inventories	-11	2	30	-13
Accounts payable	-24	78	71	-14
Prepaid expenses and other current assets	2	-4	1	14
Accrued liabilities and income taxes payable	12	15	47	42
Accounts payable	-24	78	71	-14
Contract liabilities	17	19	71	51
Accrued liabilities and income taxes payable	12	15	47	42
Other assets and liabilities	-	89	52	85
Contract liabilities	17	19	71	51
Other assets and liabilities	-	89	52	85
Net cash provided by operating activities	496	182	270	514
Acquisitions, net of cash acquired	319	86	2,839	83
Purchases of property and equipment	38	55	79	86
Acquisitions, net of cash acquired	319	86	2,839	83
Proceeds from sales of property, equipment, held for sale assets, and businesses	17	20	17	54
Purchases of property and equipment	38	55	79	86
Proceeds from sales of property, equipment, held for sale assets, and businesses	17	20	17	54
Net cash used in investing activities	-340	-121	-2,901	-115
Net cash used in investing activities	-340	-121	-2,901	-115
Proceeds from long-term borrowings	250	650	1,104	-
Payments on long-term borrowings	21	321	34	484
Repurchases of long-term borrowings	-	-	30	-
Payments of debt issuance costs	-	-	29	-
Repurchases of common stock	30	-	44	41
Proceeds from equity issuances	-	-	797	-
Payments of acquisition-related consideration	93	74	5	4
Deferred financing costs paid	8	11	-	-
Restricted shares tendered for taxes	-	-	-	3
Proceeds from share issuance and warrant exercises	-	676	-	-
Net cash (used in) provided by financing activities	99	917	1,756	-532
Restricted shares tendered for taxes	-2	-3	-3	-
Net cash (used in) provided by financing activities	99	917	1,756	-532
Effect of foreign currency exchange rate change on cash, cash equivalents, and restricted cash	-	-	-9	6
Net (decrease) increase in cash, cash equivalents, and restricted cash	259	976	-884	-127
Cash paid for interest, net of interest income	47	41	120	150
Income Taxes Paid, Net	29	66	43	95
Cash paid for interest, net of interest income	47	41	120	150
Accrued consideration	-	18	1	11
Income Taxes Paid, Net	29	66	43	95
Shares Issued To Profit Sharing Plan	-	13	-	-
Accrued consideration	-	18	1	11
Share of Common Stock Issued To Profit Sharing Plan	-	-	13	-
Stock Issued	-	-	-	14
Net income	-153	47	73	153
Depreciation	81	75	77	79
Amortization	182	127	227	224
Depreciation	81	75	77	79
Restructuring Charges	-	-	22	9
Amortization	182	127	227	224
Restructuring Charges	-	-	22	9
Deferred taxes	74	-6	47	32
Share-based compensation expense	5	12	18	29
Profit-sharing expense	-	15	15	19
Noncash Lease Expense	30	31	67	88
Net periodic pension benefit	-	-	35	8
Loss (gain) on extinguishment of debt, net	-	-9	5	-7
Loss (gain) on extinguishment of debt, net	-	-9	5	-7
Other, net	-	-7	-3	-
Other, net	-	-7	-3	-
Pension contributions	-	-	34	4
Pension contributions	-	-	34	4
Net income	-153	47	73	153
Accounts receivable	-120	99	148	69
Contract assets	-118	73	69	-26
Accounts receivable	-120	99	148	69
Inventories	-11	2	30	-13
Contract assets	-118	73	69	-26
Prepaid expenses and other current assets	2	-4	1	14
Inventories	-11	2	30	-13
Accounts payable	-24	78	71	-14
Prepaid expenses and other current assets	2	-4	1	14
Accrued liabilities and income taxes payable	12	15	47	42
Accounts payable	-24	78	71	-14
Contract liabilities	17	19	71	51
Accrued liabilities and income taxes payable	12	15	47	42
Other assets and liabilities	-	89	52	85
Contract liabilities	17	19	71	51
Other assets and liabilities	-	89	52	85
Depreciation	81	75	77	79
Amortization	182	127	227	224
Depreciation	81	75	77	79
Restructuring Charges	-	-	22	9
Amortization	182	127	227	224
Restructuring Charges	-	-	22	9
Deferred taxes	74	-6	47	32
Share-based compensation expense	5	12	18	29
Profit-sharing expense	-	15	15	19
Noncash Lease Expense	30	31	67	88
Net periodic pension benefit	-	-	35	8
Loss (gain) on extinguishment of debt, net	-	-9	5	-7
Loss (gain) on extinguishment of debt, net	-	-9	5	-7
Other, net	-	-7	-3	-
Other, net	-	-7	-3	-
Pension contributions	-	-	34	4
Pension contributions	-	-	34	4
Net cash provided by operating activities	496	182	270	514
Accounts receivable	-120	99	148	69
Contract assets	-118	73	69	-26
Accounts receivable	-120	99	148	69
Inventories	-11	2	30	-13
Contract assets	-118	73	69	-26
Prepaid expenses and other current assets	2	-4	1	14
Inventories	-11	2	30	-13
Accounts payable	-24	78	71	-14
Prepaid expenses and other current assets	2	-4	1	14
Accrued liabilities and income taxes payable	12	15	47	42
Accounts payable	-24	78	71	-14
Contract liabilities	17	19	71	51
Accrued liabilities and income taxes payable	12	15	47	42
Other assets and liabilities	-	89	52	85
Contract liabilities	17	19	71	51
Other assets and liabilities	-	89	52	85
Net cash provided by operating activities	496	182	270	514
Acquisitions, net of cash acquired	319	86	2,839	83
Purchases of property and equipment	38	55	79	86
Acquisitions, net of cash acquired	319	86	2,839	83
Proceeds from sales of property, equipment, held for sale assets, and businesses	17	20	17	54
Purchases of property and equipment	38	55	79	86
Proceeds from sales of property, equipment, held for sale assets, and businesses	17	20	17	54
Net cash used in investing activities	-340	-121	-2,901	-115
Net cash used in investing activities	-340	-121	-2,901	-115
Proceeds from long-term borrowings	250	650	1,104	-
Payments on long-term borrowings	21	321	34	484
Repurchases of long-term borrowings	-	-	30	-
Payments of debt issuance costs	-	-	29	-
Repurchases of common stock	30	-	44	41
Proceeds from equity issuances	-	-	797	-
Payments of acquisition-related consideration	93	74	5	4
Deferred financing costs paid	8	11	-	-
Restricted shares tendered for taxes	-	-	-	3
Proceeds from share issuance and warrant exercises	-	676	-	-
Net cash (used in) provided by financing activities	99	917	1,756	-532
Restricted shares tendered for taxes	-2	-3	-3	-
Net cash (used in) provided by financing activities	99	917	1,756	-532
Effect of foreign currency exchange rate change on cash, cash equivalents, and restricted cash	-	-	-9	6
Net (decrease) increase in cash, cash equivalents, and restricted cash	259	976	-884	-127
Cash paid for interest, net of interest income	47	41	120	150
Income Taxes Paid, Net	29	66	43	95
Cash paid for interest, net of interest income	47	41	120	150
Accrued consideration	-	18	1	11
Income Taxes Paid, Net	29	66	43	95
Shares Issued To Profit Sharing Plan	-	13	-	-
Accrued consideration	-	18	1	11
Share of Common Stock Issued To Profit Sharing Plan	-	-	13	-
Stock Issued	-	-	-	14