Company / SG&A Expense
APi Group SG&A Expense History
FY2018-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest SG&A Expense
$1.9B
FY2025
5-year range
$803.0M / $1.9B
FY2021-FY2025
Trend
+14.1%
vs FY2024
Sector context
#33 of 311
Industrials
What the data says
APi Group's sg&a expense of $1.9B is higher than 89% of companies in the Industrials sector (FY2025). SG&A Expense has increased for 6 consecutive years, from $359M in FY2019 to $1.9B in FY2025.
Based on SEC 10-K filings.
$1.9B in FY2025 with a 5-year CAGR of +21.7%. Top quartile in the Industrials sector.
Increased from $1.6B to $1.9B over the past 2 years.
Industrials sector context is included.
SG&A Expense over time
Growth rates
- 3-Year CAGR
- +7.6%
- 5-Year CAGR
- +21.7%
- 10-Year CAGR
- -
Sector benchmark
Bottom 11% in IndustrialsTop 89% of 311This company $1.9B Sector average $849.8M
▼
+127.5% above sector average
Key checks
Key Insights
- APi Group's sg&a expense has grown for 6 consecutive years.
- 5-year CAGR of +21.7%, indicating consistent growth.
- In FY2025, sg&a expense increased 14.1% year-over-year.
- Ranks #33 out of 311 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 | SG&A ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $1.9B | +14.1% |
| FY2024 | $1.7B | +7.1% |
| FY2023 | $1.6B | +1.9% |
| FY2022 | $1.6B | +93.3% |
| FY2021 | $803.0M | +10.8% |
| FY2020 | $725.0M | +101.9% |
| FY2019 | $359.0M | -42.6% |
| FY2018 | $625.0M | - |
As of FY2025 · SEC Form 10-K · Last checked Jul 2, 2026