Api Group Corp (APG)
Operating profit margin
| Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 475,000 | 491,000 | 450,000 | 412,000 | 386,000 | 359,000 | 264,000 | 221,000 | 173,000 | 104,000 | 174,000 | 154,000 | 142,000 | 136,000 | 65,000 | 86,000 | 66,000 | -166,000 | -306,000 | -352,497 |
| Revenue (ttm) | US$ in thousands | 7,136,000 | 7,018,000 | 6,916,000 | 6,874,000 | 6,915,000 | 6,928,000 | 6,872,000 | 6,823,000 | 6,701,000 | 6,558,000 | 5,967,000 | 5,279,000 | 4,608,000 | 3,940,000 | 3,710,000 | 3,621,000 | 3,532,000 | 3,587,000 | 3,690,000 | 3,845,470 |
| Operating profit margin | 6.66% | 7.00% | 6.51% | 5.99% | 5.58% | 5.18% | 3.84% | 3.24% | 2.58% | 1.59% | 2.92% | 2.92% | 3.08% | 3.45% | 1.75% | 2.38% | 1.87% | -4.63% | -8.29% | -9.17% |
March 31, 2025 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $475,000K ÷ $7,136,000K
= 6.66%
The operating profit margin of Api Group Corp exhibits a notable progression from negative figures in mid-2020 to positive, and subsequently, an upward trend through subsequent periods. Specifically, during the first quarter of 2020, the margin was recorded at -9.17%, reflecting significant operating challenges or losses relative to revenue. This negative margin persisted into the third quarter of 2020 at -8.29%, albeit with a slight improvement observed in the fourth quarter of 2020 to -4.63%.
Beginning in the first quarter of 2021, a turnaround is evident as the operating profit margin shifts into positive territory, reaching 1.87%. The subsequent quarters indicate a stabilization and gradual improvement, with margins of 2.38% in June 2021, 1.75% in September 2021, and 3.45% in December 2021, suggesting enhanced operational efficiency or revenue growth outpacing costs.
Throughout 2022, the operating profit margin remains relatively stable, measuring 3.08% in March, slightly decreasing to 2.92% in June and September, and then declining further to 1.59% at year-end. The trend indicates some operational headwinds or increased expenses during this period, though margins remain positive.
In 2023, the margins demonstrate a modest recovery, with figures at 2.58% in March and a gradual increase to 3.24% in June, reaching 3.84% in September, and further climbing to 5.18% by December. This pattern reflects ongoing operational improvements and potentially effective cost management.
The upward trajectory continues into 2024, with margins at 5.58% in March, increasing to 5.99% in June, 6.51% in September, and reaching 7.00% in December, indicating a strengthening profit-generating capacity. The trend persists into early 2025, with the margin at 6.66% in March, suggesting sustained operational efficiency gains.
Overall, the trend in Api Group Corp's operating profit margin shows a significant recovery from negative levels in 2020 to sustained positive margins in subsequent years. The consistent upward trend from late 2022 onward underscores improved operational performance, cost management, and possibly revenue growth strategies. The data reflects a positive outlook on the company's core operational efficiency during the analyzed period.
Peer comparison
Mar 31, 2025