APG (APi Group) Debt-to-EBITDA : 4.15 (As of Mar. 2026) — 12% Below Median

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APG APi Group Corp APG
78 GF Score
Price $41.51
GF Value $26.78
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is APi Group Debt-to-EBITDA?

APi Group APG +0.27% 78 Debt-to-EBITDA is 4.15 as of Mar. 2026, which is 12% below its 10-year median of 4.70. GuruFocus rates APG with a GF Score™ of 78/100 and a GF Value™ of $26.78 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,404 Construction companies, APi Group ranks worse than 62.54% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

APi Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $102 Mil. APi Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $2,968 Mil. APi Group's annualized EBITDA for the quarter that ended in Mar. 2026 was $740 Mil. APi Group's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 4.15.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for APi Group's Debt-to-EBITDA or its related term are showing as below:

APG' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 3.4   Med: 4.7   Max: 11.77
Current: 3.4

During the past 8 years, the highest Debt-to-EBITDA Ratio of APi Group was 11.77. The lowest was 3.40. And the median was 4.70.

APG's Debt-to-EBITDA is ranked worse than
62.54% of 1404 companies
in the Construction industry
Industry Median: 2.19 vs APG: 3.40

APi Group  (NYSE:APG) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


APi Group Debt-to-EBITDA Related Terms


APi Group Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for APi Group's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

APi Group Debt-to-EBITDA Chart

APi Group Annual Data
Trend Dec17 Aug18 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial 5.49 5.80 3.79 3.90 3.49

APi Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.63 3.38 3.11 3.12 4.15

APG vs J, DY, IESC: Debt-to-EBITDA Comparison

For the Engineering & Construction subindustry, APi Group's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


APi Group Debt-to-EBITDA vs Construction Industry

For the Construction industry and Industrials sector, APi Group's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where APi Group's Debt-to-EBITDA falls into.


APG
78GF Score
APi Group Corp APG
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

APi Group Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

APi Group's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(103 + 2969) / 881
=3.49

APi Group's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(102 + 2968) / 740
=4.15

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 4.15 mean?
APi Group (APG) has a Debt-to-EBITDA of 4.15 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on APi Group. This is 12% below median its historical median of 4.70. Over the past decade, APi Group's Debt-to-EBITDA has ranged from 3.40 to 11.77. According to the industry distribution chart, APi Group ranks #878 out of 1404 companies in the Construction industry, placing it in the top 62.5%.
Is APi Group's Debt-to-EBITDA too high?
APi Group's current Debt-to-EBITDA of 4.15 is 12% below median its 10-year median of 4.70. Over the past 10 years, this metric has ranged from a low of 3.40 to a high of 11.77. The Construction industry median Debt-to-EBITDA is 2.19. APi Group's value of 4.15 is 89.5% above this industry median. Based on the distribution chart, APi Group ranks #878 out of 1404 companies in the Construction industry, which is below the industry midpoint. Overall, APi Group has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does APi Group's Debt-to-EBITDA compare to J and DY?
According to the Construction industry distribution chart, APi Group ranks #878 out of 1404 companies for Debt-to-EBITDA. This places APi Group in the lower half of its industry. The industry median Debt-to-EBITDA is 2.19. APi Group's value of 4.15 is 89.5% above this benchmark. Historically, APi Group's own Debt-to-EBITDA has ranged from 3.40 to 11.77 over the past decade. While the company's 10-year median is 4.70 vs. the industry median of 2.19, APi Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Construction company?
The median Debt-to-EBITDA among Construction companies is 2.19, based on 1,404 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. APi Group's current Debt-to-EBITDA of 4.15 is 89.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on APi Group. For the Construction industry, the median Debt-to-EBITDA is 2.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. APi Group's current Debt-to-EBITDA is 4.15, which is 12% below median its own 10-year median of 4.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is APi Group stock overvalued right now?
Based on GuruFocus' analysis, APi Group (APG) is currently considered Significantly Overvalued. The stock's GF Value™ is $26.78, compared to a current price of $41.51 — trading 55% above its estimated fair value. The current Debt-to-EBITDA is 4.15, which is 12% below median its 10-year median of 4.70 and 89.5% above the Construction industry median of 2.19. APi Group's overall GF Score™ is 78/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For APi Group (APG), the current Debt-to-EBITDA is 4.15 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is APi Group (APG) Overvalued in 2026?

Based on GuruFocus' analysis, APi Group stock appears to be overvalued. The current stock price of $41.51 is trading 55% above its estimated GF Value™ of $26.78. GuruFocus considers APi Group to be Significantly Overvalued.

Key valuation signals for APG:

  • Debt-to-EBITDA: 4.15 (12% below median its 10-year median of 4.70)
  • GF Value™: $26.78 vs. price of $41.51 (55% above fair value)
  • GF Score™: 78/100 with 3 warning signs
  • Industry Position: 89.5% above the Construction median (#878 of 1404)

No single metric tells the full story. See the APG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


APi Group Business Description

Other Exchanges 4XY:Germany
Address c/o APi Group, Inc, 1100 Old Highway 8 NW, New Brighton, MN, USA, 55112
APi Group Corp operates in two segments: Safety Services segment includes providing safety services in North America, Asia Pacific, and Europe, focusing on end-to-end integrated occupancy systems (fire protection solutions, Heating, Ventilation, and Air Conditioning and entry systems), including design, installation, inspection, and service of these integrated systems. These services are provided in commercial, education, healthcare, high tech, industrial, and special-hazard settings. Specialty Services segment includes providing a variety of infrastructure services and specialized industrial plant services, which include maintenance and repair of critical infrastructure such as underground electric, gas, water, sewer, and telecommunications infrastructure.
78GF Score

Get the complete analysis for APG

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$41.51
Price
$26.78
GF Value