Company / Goodwill
APi Group Goodwill History
FY2018-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Goodwill
$3.2B
FY2025
5-year range
$1.1B / $3.2B
FY2021-FY2025
Trend
+9.4%
vs FY2024
Sector context
#66 of 328
Industrials
What the data says
APi Group's goodwill of $3.2B is higher than 80% of companies in the Industrials sector (FY2025). Goodwill has increased for 7 consecutive years, from $320M in FY2018 to $3.2B in FY2025.
Based on SEC 10-K filings.
$3.2B in FY2025 with a 5-year CAGR of +24.0%. Top quartile in the Industrials sector.
Improved from $2.5B to $3.2B over the past 2 years.
Industrials sector context is included.
Goodwill over time
Growth rates
- 3-Year CAGR
- +10.0%
- 5-Year CAGR
- +24.0%
- 10-Year CAGR
- -
Sector benchmark
Top 20% in IndustrialsTop 20% of 328This company $3.2B Sector average $2.3B
▼
+39.5% above sector average
Key checks
Key Insights
- APi Group's goodwill has grown for 7 consecutive years.
- 5-year CAGR of +24.0%, indicating consistent growth.
- In FY2025, goodwill increased 9.4% year-over-year.
- Ranks #66 out of 328 companies in the Industrials sector.
Company context
Key Data Points
- High Piotroski F-Score: 8/9 (strong financial health signals)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | GoodwillValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $3.2B | +9.4% |
| FY2024 | $2.9B | +17.1% |
| FY2023 | $2.5B | +3.7% |
| FY2022 | $2.4B | +115.4% |
| FY2021 | $1.1B | +2.2% |
| FY2020 | $1.1B | +10.4% |
| FY2019 | $980.0M | +206.3% |
| FY2018 | $320.0M | - |
As of FY2025 · SEC Form 10-K · Last checked Jul 2, 2026