Company / Interest Expense
APi Group Interest Expense History
FY2018-FY2023 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Interest Expense
$145.0M
FY2023
5-year range
$60.0M / $145.0M
FY2019-FY2023
Trend
+16.0%
vs FY2022
Sector context
#21 of 113
Industrials
What the data says
APi Group's interest expense of $145M is higher than 81% of companies in the Industrials sector (FY2023). Interest Expense has increased for 4 consecutive years, from $15M in FY2019 to $145M in FY2023.
Based on SEC 10-K filings.
$145M in FY2023 with a 5-year CAGR of +45.8%. Top quartile in the Industrials sector.
Increased from $60M to $145M over the past 2 years.
Industrials sector context is included.
Interest Expense over time
Growth rates
- 3-Year CAGR
- +40.8%
- 5-Year CAGR
- +45.8%
- 10-Year CAGR
- -
Sector benchmark
+38.7% above sector average
Key checks
Key Insights
- APi Group's interest expense has grown for 4 consecutive years.
- 5-year CAGR of +45.8%, indicating consistent growth.
- In FY2023, interest expense increased 16.0% year-over-year.
- Ranks #21 out of 113 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 | Interest ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | $145.0M | +16.0% |
| FY2022 | $125.0M | +108.3% |
| FY2021 | $60.0M | +15.4% |
| FY2020 | $52.0M | +246.7% |
| FY2019 | $15.0M | -31.8% |
| FY2018 | $22.0M | - |
As of FY2023 · SEC Form 10-K · Last checked Jul 2, 2026