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APi Group (FRA:4XY) Gross Profit : €1,855 Mil (TTM As of Mar. 2024)


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What is APi Group Gross Profit?

APi Group's gross profit for the three months ended in Mar. 2024 was €453 Mil. APi Group's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was €1,855 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. APi Group's gross profit for the three months ended in Mar. 2024 was €453 Mil. APi Group's Revenue for the three months ended in Mar. 2024 was €1,473 Mil. Therefore, APi Group's Gross Margin % for the quarter that ended in Mar. 2024 was 30.73%.

APi Group had a gross margin of 30.73% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 6 years, the highest Gross Margin % of APi Group was 29.02%. The lowest was 21.08%. And the median was 23.83%.


APi Group Gross Profit Historical Data

The historical data trend for APi Group's Gross Profit 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.

* Premium members only.

APi Group Gross Profit Chart

APi Group Annual Data
Trend Dec17 Aug18 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial 13.99 621.43 831.02 1,618.02 1,778.98

APi Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross Profit 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 396.95 457.81 478.81 465.84 452.64

Competitive Comparison of APi Group's Gross Profit

For the Engineering & Construction subindustry, APi Group's Gross Profit, along with its competitors' market caps and Gross Profit 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's Gross Profit Distribution in the Construction Industry

For the Construction industry and Industrials sector, APi Group's Gross Profit distribution charts can be found below:

* The bar in red indicates where APi Group's Gross Profit falls into.



APi Group Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

APi Group's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=6352.976 - 4573.996
=1,779

APi Group's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=1472.92 - 1020.28
=453

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €1,855 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

APi Group's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=453 / 1472.92
=30.73 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


APi Group  (FRA:4XY) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

APi Group had a gross margin of 30.73% for the quarter that ended in Mar. 2024 => Competition eroding margins


APi Group Gross Profit Related Terms

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APi Group (FRA:4XY) Business Description

Traded in Other Exchanges
Address
c/o APi Group, Inc, 1100 Old Highway 8 NW, New Brighton, MN, USA, 55112
APi Group Corp operates in two operating segments, 1) 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. 2) 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.

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