Company / Gross Margin
APi Group Gross Margin History
FY2018-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Gross Margin
31.4%
FY2025
5-year range
23.8% / 31.4%
FY2021-FY2025
Trend
+1.3%
vs FY2024
Sector context
#90 of 186
Industrials
What the data says
At 31.4%, APi Group's gross margin ranks #90 of 186 in the Industrials sector. Gross Margin has increased for 6 consecutive years, from 20.1% in FY2019 to 31.4% in FY2025.
Based on SEC 10-K filings.
31.4% in FY2025 with a 5-year CAGR of +10.4%.
Improved from 28.0% to 31.4% over the past 2 years.
Industrials sector context is included.
Gross Margin over time
Growth rates
- 3-Year Change
- +5.3pp
- 5-Year Change
- +10.4pp
- 10-Year Change
- -
Sector benchmark
#90 of 186 in IndustrialsTop 48% of 186This company 31.4% Sector average 28.8%
▼
+9.2% above sector average
Key checks
Key Insights
- APi Group's gross margin has grown for 6 consecutive years.
- In FY2025, gross margin increased 1.3% year-over-year.
- Currently 2.7pp above the Industrials sector average.
- Lowest gross margin in the period was in FY2019.
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 | Gross MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 31.4% | +1.3% |
| FY2024 | 31.0% | +10.8% |
| FY2023 | 28.0% | +7.1% |
| FY2022 | 26.1% | +9.7% |
| FY2021 | 23.8% | +13.0% |
| FY2020 | 21.1% | +4.9% |
| FY2019 | 20.1% | -4.8% |
| FY2018 | 21.1% | - |
As of FY2025 · SEC Form 10-K · Last checked Jul 2, 2026