APi GroupAPG -0.64%78 Net Margin % is 2.88% as of Mar. 2026, which is 69% above its 10-year median of 1.70. 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 1,766 Construction companies, APi Group ranks better than 50.34% on this metric.
Net margin is calculated as Net Income divided by its Revenue. APi Group's Net Income for the
three
months ended in Mar. 2026 was $57 Mil. APi Group's Revenue for the
three
months ended in Mar. 2026 was $1,982 Mil. Therefore, APi Group's net margin for the quarter that ended in Mar. 2026 was 2.88%.
The historical rank and industry rank for APi Group's Net Margin % or its related term are showing as below:
APG'
s Net Margin % Range Over the Past 10 Years
Min: -928.28 Med: 1.7 Max: 3.96
Current: 3.96
APG's Net Margin % is ranked better than 50.34% of 1766
companies
in the Construction industry
Industry Median: 3.92
vs APG: 3.96
APi Group (NYSE:APG) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
APi Group Net Margin % Related Terms
APi Group Net Margin % Historical Data
* Premium members only.
The historical data trend for APi Group's Net Margin % 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.
For the Engineering & Construction subindustry, APi Group's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % vs Construction Industry
For the Construction industry and Industrials sector, APi Group's Net Margin % distribution charts can be found below:
* The bar in red indicates where APi Group's Net Margin % falls into.
* 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 Net Margin % of 2.88% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on APi Group and its competitors. This is 69% above median its historical median of 1.70. According to the industry distribution chart, APi Group ranks #877 out of 1766 companies in the Construction industry, placing it in the top 49.7%.
Is APi Group's Net Margin % too high?
APi Group's current Net Margin % of 2.88% is 69% above median its 10-year median of 1.70. The Construction industry median Net Margin % is 3.92. APi Group's value of 2.88% is 26.5% below this industry median. Based on the distribution chart, APi Group ranks #877 out of 1766 companies in the Construction industry, which is above 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 Net Margin % compare to DY and J?
According to the Construction industry distribution chart, APi Group ranks #877 out of 1766 companies for Net Margin %. This puts APi Group in the upper half of its industry. The industry median Net Margin % is 3.92. APi Group's value of 2.88% is 26.5% below this benchmark. While the company's 10-year median is 1.70 vs. the industry median of 3.92, 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 Net Margin % for a Construction company?
The median Net Margin % among Construction companies is 3.92, based on 1,766 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. APi Group's current Net Margin % of 2.88% is 26.5% 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on APi Group and its competitors. For the Construction industry, the median Net Margin % is 3.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. APi Group's current Net Margin % is 2.88%, which is 69% above median its own 10-year median of 1.70. 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 $26.66, compared to a current price of $41.68 — trading 56.3% above its estimated fair value. The current Net Margin % is 2.88%, which is 69% above median its 10-year median of 1.70 and 26.5% below the Construction industry median of 3.92. 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 Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For APi Group (APG), the current Net Margin % is 2.88% 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:
Net Margin %: 2.88% (69% above median its 10-year median of 1.70)
GF Value™: $26.66 vs. price of $41.68 (56.3% above fair value)
Industry Position: 26.5% below the Construction median (#877 of 1766)
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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