APi Group Corporation (APG) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | 85M | 382M | 232M | 83M | 62M | 283M | 220M | 110M | 7M | 297M | 144M | 74M | -1M | 188M | 146M | 54M | -118M | 114M | 49M | -13M |
| Operating CF Margin % | 4.29% | 18.04% | 11.13% | 4.17% | 3.61% | 15.21% | 12.05% | 6.36% | 0.44% | 16.88% | 8.07% | 4.18% | -0.06% | 11.04% | 8.42% | 3.27% | -8.02% | 10.25% | 4.68% | -1.33% |
| Operating CF Growth % | 37.1% | 34.98% | 5.45% | -24.55% | 785.71% | -4.71% | 52.78% | 48.65% | 800% | 57.98% | -1.37% | 37.04% | 99.15% | 64.91% | 197.96% | 515.38% | -468.75% | -31.74% | -49.48% | -107.34% |
| Net Income | 51M | 97M | 93M | 77M | 35M | 67M | 69M | 69M | 45M | 25M | 54M | 48M | 26M | 22M | 28M | 30M | -7M | 15M | 19M | 21M |
| Depreciation & Amortization | 84M | 85M | 81M | 81M | 80M | 81M | 77M | 75M | 69M | 77M | 77M | 75M | 74M | 79M | 73M | 76M | 76M | 48M | 52M | 52M |
| Stock-Based Compensation | 11M | 13M | 10M | 11M | 10M | 6M | 9M | 9M | 8M | 10M | 8M | 6M | 5M | 4M | 5M | 6M | 3M | 4M | 2M | 3M |
| Deferred Taxes | 0 | 14M | 2M | 0 | 0 | -31M | 2M | 0 | 0 | -37M | 2M | 3M | 0 | -38M | 2M | -1M | -10M | 7M | 0 | -1M |
| Other Non-Cash Items | 53M | 402M | -183M | 42M | 38M | 31M | 33M | 27M | 15M | 31M | 42M | 20M | 18M | 13M | 10M | 24M | -14M | 13M | 13M | 23M |
| Working Capital Changes | -114M | -229M | 229M | -128M | -101M | 129M | 30M | -70M | -130M | 191M | -39M | -78M | -124M | 108M | 28M | -81M | -166M | 27M | -37M | -111M |
| Change in Receivables | 31M | -89M | 89M | -158M | 69M | -17M | -43M | -53M | 102M | 12M | -20M | -101M | 66M | 21M | -90M | -153M | 5M | -15M | -91M | -99M |
| Change in Inventory | -5M | -3M | 3M | 1M | -4M | 8M | 9M | -8M | 0 | 11M | 8M | -6M | 0 | -5M | -6M | -10M | -9M | 3M | 0 | -3M |
| Change in Payables | -20M | 7M | -7M | 65M | -58M | 50M | 19M | 33M | -86M | 33M | -29M | 29M | -47M | 3M | 34M | 66M | -32M | 24M | 24M | 13M |
| Cash from Investing | -305M | -23M | -91M | -126M | -14M | -149M | -57M | -601M | -22M | -7M | -26M | -55M | -27M | 30M | -28M | -19M | -2.88B | -40M | -46M | -12M |
| Capital Expenditures | -18M | -26M | -31M | -27M | -12M | -18M | -22M | -22M | -22M | -22M | -18M | -25M | -21M | -19M | -26M | -22M | -12M | -12M | -9M | -16M |
| CapEx % of Revenue | 0.91% | 1.23% | 1.49% | 1.36% | 0.7% | 0.97% | 1.2% | 1.27% | 1.37% | 1.25% | 1.01% | 1.41% | 1.3% | 1.12% | 1.5% | 1.33% | 0.82% | 1.08% | 0.86% | 1.64% |
| Acquisitions | -289M | -12M | -63M | -105M | -6M | -131M | -41M | -583M | -23M | -26M | -12M | -35M | -10M | 42M | -6M | 0 | -2.88B | -35M | -39M | -5M |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 2M | 15M | 3M | 6M | 4M | 0 | 6M | 4M | 23M | 41M | 4M | 5M | 4M | 7M | 4M | 3M | 3M | 7M | 2M | 9M |
| Cash from Financing | -42M | -5M | -15M | -3M | -98M | -103M | -9M | 570M | -213M | -279M | -21M | -16M | -216M | -17M | -45M | -13M | 1.83B | 288M | 442M | -36M |
| Debt Issued (Net) | -1M | -2M | -1M | -2M | -2M | -102M | -1M | 118M | 398M | -278M | -2M | -2M | -202M | -1M | -29M | -1M | 1.07B | 299M | -2M | 38M |
| Equity Issued (Net) | 0 | -76M | 25M | -1M | -75M | -600M | -1M | 458M | -11M | -1M | -18M | -11M | -12M | -11M | -11M | -11M | 786M | -2M | 446M | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | -76M | 1M | -1M | -75M | -600M | -1M | 0 | -11M | -1M | -18M | -11M | -12M | -11M | -11M | -11M | -11M | -2M | 0 | 0 |
| Other Financing | -41M | 73M | -39M | 0 | -21M | 599M | -7M | -6M | -600M | 0 | -1M | -3M | -2M | -5M | -5M | -1M | -26M | -9M | -2M | -74M |
| Net Change in Cash | -268M | 357M | 123M | -28M | -40M | 12M | 163M | 78M | -232M | 18M | 92M | 5M | -242M | 209M | 65M | 15M | -1.17B | 361M | 441M | -59M |
| Free Cash Flow | 67M | 356M | 201M | 56M | 50M | 265M | 198M | 88M | -15M | 275M | 126M | 49M | -22M | 169M | 120M | 32M | -130M | 102M | 40M | -29M |
| FCF Margin % | 3.38% | 16.82% | 9.64% | 2.81% | 2.91% | 14.24% | 10.84% | 5.09% | -0.94% | 15.63% | 7.06% | 2.77% | -1.36% | 9.92% | 6.92% | 1.94% | -8.84% | 9.17% | 3.82% | -2.97% |
| FCF Growth % | 34% | 34.34% | 1.52% | -36.36% | 433.33% | -3.64% | 57.14% | 79.59% | 31.82% | 62.72% | 5% | 53.13% | 83.08% | 65.69% | 200% | 210.34% | -1028.57% | -33.33% | -55.56% | -116.96% |
| FCF per Share | 0.15 | 0.86 | 0.47 | 0.13 | 0.12 | 0.64 | 0.48 | 0.21 | -0.04 | 0.78 | 0.31 | 0.12 | -0.05 | 0.42 | 0.30 | 0.08 | -0.37 | 0.30 | 0.13 | -0.09 |
| FCF Conversion (FCF/Net Income) | 1.49x | 3.94x | 2.49x | 1.08x | 1.77x | 4.22x | 3.19x | 1.59x | 0.16x | 11.88x | 2.67x | 1.54x | -0.04x | 8.55x | 5.21x | 1.80x | 16.86x | 7.60x | 2.58x | -0.62x |
| Interest Paid | 0 | 0 | 0 | 35M | 0 | -76M | 0 | 0 | 36M | 31M | 40M | 52M | 27M | 39M | 33M | 24M | 24M | 9M | 10M | 10M |
| Taxes Paid | 0 | 0 | 0 | 40M | 23M | -66M | 14M | 17M | 35M | 25M | 22M | 29M | 19M | 19M | 8M | 8M | 8M | 11M | 10M | 43M |