APi Group annual debt-to-equity ratio
2019
2020
2021
2022
2023
2024
2025
APi Group Debt-to-Equity Ratio Growth & History (APG)
APi Group's debt-to-equity ratio was 0.90 for fiscal 2025.
View full APi Group company overviewAPi Group annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.90 | −0.13 | −12.29% |
| 2024 | 2024-12-31 | 1.03 | −0.22 | −17.31% |
| 2023 | 2023-12-31 | 1.24 | −0.18 | −12.69% |
| 2022 | 2022-12-31 | 1.42 | 0.62 | +76.56% |
| 2021 | 2021-12-31 | 0.81 | −0.18 | −18.53% |
| 2020 | 2020-12-31 | 0.99 | 0.31 | +46.13% |
| 2019 | 2019-12-31 | 0.68 | — | — |
APi Group quarterly debt-to-equity ratio
Q4.19
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 1.00 | 0.13 | +15.29% |
| Q1 2026 | 2026-03-31 | 0.79 | −0.13 | −14.27% |
| Q4 2025 | 2025-12-31 | 0.90 | −0.13 | −12.29% |
| Q3 2025 | 2025-09-30 | 0.84 | −0.12 | −12.42% |
| Q2 2025 | 2025-06-30 | 0.87 | −0.14 | −13.48% |
| Q1 2025 | 2025-03-31 | 0.92 | −0.26 | −22.13% |
| Q4 2024 | 2024-12-31 | 1.03 | −0.22 | −17.31% |
| Q3 2024 | 2024-09-30 | 0.96 | −0.20 | −17.42% |
| Q2 2024 | 2024-06-30 | 1.00 | −0.15 | −13.05% |
| Q1 2024 | 2024-03-31 | 1.19 | −0.01 | −1.01% |
| Q4 2023 | 2023-12-31 | 1.24 | −0.18 | −12.69% |
| Q3 2023 | 2023-09-30 | 1.16 | −0.24 | −16.86% |
| Q2 2023 | 2023-06-30 | 1.16 | −0.26 | −18.41% |
| Q1 2023 | 2023-03-31 | 1.20 | −0.15 | −11.01% |
| Q4 2022 | 2022-12-31 | 1.42 | 0.62 | +76.56% |
| Q3 2022 | 2022-09-30 | 1.40 | 0.76 | +118.76% |
| Q2 2022 | 2022-06-30 | 1.42 | 0.61 | +76.09% |
| Q1 2022 | 2022-03-31 | 1.35 | 0.56 | +70.77% |
| Q4 2021 | 2021-12-31 | 0.81 | −0.18 | −18.53% |
| Q3 2021 | 2021-09-30 | 0.64 | −0.10 | −13.04% |
| Q2 2021 | 2021-06-30 | 0.80 | 0.05 | +6.56% |
| Q1 2021 | 2021-03-31 | 0.79 | −0.12 | −13.13% |
| Q4 2020 | 2020-12-31 | 0.99 | 0.31 | +46.13% |
| Q3 2020 | 2020-09-30 | 0.74 | — | — |
| Q2 2020 | 2020-06-30 | 0.75 | — | — |
| Q1 2020 | 2020-03-31 | 0.91 | — | — |
| Q4 2019 | 2019-12-31 | 0.68 | — | — |
APi Group debt-to-equity ratio trends
Over the last five fiscal years, APi Group's debt-to-equity ratio decreased from 0.99 to 0.90, a change of −0.09. The latest reported quarter, Q2 2026, shows 1.00.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review APi Group source filings ↗