APi GroupAPG -0.64%78 Interest Coverage is 3.43 as of Mar. 2026, which is 18% above its 10-year median of 2.90. GuruFocus rates APG with a GF Score™ of 78/100 and a GF Value™ of $26.66 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,354 Construction companies, APi Group ranks worse than 64.62% on this metric.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
Operating Income
by its Interest Expense. APi Group's
Operating Income
for the
three
months ended in Mar. 2026 was $103 Mil. APi Group's Interest Expense for the
three
months ended in Mar. 2026 was $-30 Mil.
APi Group's interest coverage for the quarter that ended in Mar. 2026 was 3.43.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for APi Group's Interest Coverage or its related term are showing as below:
APG'
s Interest Coverage Range Over the Past 10 Years
Min: 0.6 Med: 2.9 Max: No Debt
Current: 4.31
APG's Interest Coverage is ranked worse than 64.62% of 1354
companies
in the Construction industry
Industry Median: 7.865
vs APG: 4.31
APi Group (NYSE:APG) Interest Coverage Explanation
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
APi Group Interest Coverage Related Terms
APi Group Interest Coverage Historical Data
* Premium members only.
The historical data trend for APi Group's Interest Coverage 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.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
For the Engineering & Construction subindustry, APi Group's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Construction Industry
For the Construction industry and Industrials sector, APi Group's Interest Coverage distribution charts can be found below:
* The bar in red indicates where APi Group's Interest Coverage falls into.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
* 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 (APG) has a Interest Coverage of 3.43 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on APi Group and its competitors. This is 18% above median its historical median of 2.90. Over the past decade, APi Group's Interest Coverage has ranged from 0.60 to 10,000.00. According to the industry distribution chart, APi Group ranks #875 out of 1354 companies in the Construction industry, placing it in the top 64.6%.
Is APi Group's Interest Coverage too high?
APi Group's current Interest Coverage of 3.43 is 18% above median its 10-year median of 2.90. Over the past 10 years, this metric has ranged from a low of 0.60 to a high of 10,000.00. The Construction industry median Interest Coverage is 7.87. APi Group's value of 3.43 is 56.4% below this industry median. Based on the distribution chart, APi Group ranks #875 out of 1354 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 Interest Coverage compare to DY and J?
According to the Construction industry distribution chart, APi Group ranks #875 out of 1354 companies for Interest Coverage. This places APi Group in the lower half of its industry. The industry median Interest Coverage is 7.87. APi Group's value of 3.43 is 56.4% below this benchmark. Historically, APi Group's own Interest Coverage has ranged from 0.60 to 10,000.00 over the past decade. While the company's 10-year median is 2.90 vs. the industry median of 7.87, APi Group has consistently been below 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 Interest Coverage for a Construction company?
The median Interest Coverage among Construction companies is 7.87, based on 1,354 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. APi Group's current Interest Coverage of 3.43 is 56.4% below 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on APi Group and its competitors. For the Construction industry, the median Interest Coverage is 7.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. APi Group's current Interest Coverage is 3.43, which is 18% above median its own 10-year median of 2.90. 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 $26.66, compared to a current price of $41.68 — trading 56.3% above its estimated fair value. The current Interest Coverage is 3.43, which is 18% above median its 10-year median of 2.90 and 56.4% below the Construction industry median of 7.87. 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 Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For APi Group (APG), the current Interest Coverage is 3.43 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 $41.68 is trading 56.3% above its estimated GF Value™ of $26.66.
GuruFocus considers APi Group to be Significantly Overvalued.
Key valuation signals for APG:
Interest Coverage: 3.43 (18% above median its 10-year median of 2.90)
GF Value™: $26.66 vs. price of $41.68 (56.3% above fair value)
Industry Position: 56.4% below the Construction median (#875 of 1354)
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 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
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