APi Group Corp
NYSE:APG
Income Statement
Earnings Waterfall
APi Group Corp
Revenue
|
6.9B
USD
|
Cost of Revenue
|
-5B
USD
|
Gross Profit
|
1.9B
USD
|
Operating Expenses
|
-1.5B
USD
|
Operating Income
|
409m
USD
|
Other Expenses
|
-570m
USD
|
Net Income
|
-161m
USD
|
Income Statement
APi Group Corp
Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||
Revenue |
4 092
N/A
|
4 028
-2%
|
3 850
-4%
|
3 690
-4%
|
3 587
-3%
|
3 532
-2%
|
3 621
+3%
|
3 710
+2%
|
3 940
+6%
|
4 608
+17%
|
5 279
+15%
|
5 967
+13%
|
6 558
+10%
|
6 701
+2%
|
6 823
+2%
|
6 872
+1%
|
6 928
+1%
|
|
Gross Profit | ||||||||||||||||||
Cost of Revenue |
(3 290)
|
(3 227)
|
(3 083)
|
(2 934)
|
(2 831)
|
(2 757)
|
(2 788)
|
(2 847)
|
(3 001)
|
(3 474)
|
(3 940)
|
(4 438)
|
(4 837)
|
(4 931)
|
(4 994)
|
(4 974)
|
(4 988)
|
|
Gross Profit |
802
N/A
|
801
0%
|
767
-4%
|
756
-1%
|
756
N/A
|
775
+3%
|
833
+7%
|
863
+4%
|
939
+9%
|
1 134
+21%
|
1 339
+18%
|
1 529
+14%
|
1 721
+13%
|
1 770
+3%
|
1 829
+3%
|
1 898
+4%
|
1 940
+2%
|
|
Operating Income | ||||||||||||||||||
Operating Expenses |
(849)
|
(900)
|
(902)
|
(865)
|
(725)
|
(720)
|
(758)
|
(798)
|
(803)
|
(979)
|
(1 161)
|
(1 324)
|
(1 505)
|
(1 498)
|
(1 516)
|
(1 536)
|
(1 531)
|
|
Selling, General & Administrative |
(794)
|
(824)
|
(807)
|
(753)
|
(612)
|
(607)
|
(643)
|
(678)
|
(681)
|
(833)
|
(992)
|
(1 149)
|
(1 308)
|
(1 307)
|
(1 328)
|
(1 335)
|
(1 334)
|
|
Depreciation & Amortization |
(55)
|
(76)
|
(95)
|
(112)
|
(113)
|
(113)
|
(115)
|
(120)
|
(122)
|
(146)
|
(169)
|
(175)
|
(197)
|
(191)
|
(188)
|
(201)
|
(197)
|
|
Operating Income |
(47)
N/A
|
(99)
-111%
|
(135)
-36%
|
(109)
+19%
|
31
N/A
|
55
+77%
|
75
+36%
|
65
-13%
|
136
+109%
|
155
+14%
|
178
+15%
|
205
+15%
|
216
+5%
|
272
+26%
|
313
+15%
|
362
+16%
|
409
+13%
|
|
Pre-Tax Income | ||||||||||||||||||
Interest Income Expense |
(35)
|
(43)
|
(50)
|
(56)
|
(52)
|
(53)
|
(53)
|
(54)
|
(60)
|
(72)
|
(86)
|
(105)
|
(125)
|
(135)
|
(145)
|
(149)
|
(145)
|
|
Non-Reccuring Items |
(12)
|
(220)
|
(216)
|
(193)
|
(197)
|
15
|
2
|
(9)
|
(9)
|
(33)
|
(35)
|
(37)
|
(49)
|
(28)
|
(21)
|
(32)
|
(57)
|
|
Total Other Income |
36
|
37
|
43
|
41
|
34
|
30
|
29
|
26
|
12
|
20
|
27
|
37
|
51
|
45
|
38
|
32
|
25
|
|
Pre-Tax Income |
(58)
N/A
|
(325)
-460%
|
(358)
-10%
|
(317)
+11%
|
(184)
+42%
|
47
N/A
|
53
+13%
|
28
-47%
|
79
+182%
|
70
-11%
|
84
+20%
|
100
+19%
|
93
-7%
|
154
+66%
|
185
+20%
|
213
+15%
|
232
+9%
|
|
Net Income | ||||||||||||||||||
Tax Provision |
(9)
|
43
|
59
|
33
|
31
|
(14)
|
(35)
|
(18)
|
(32)
|
(22)
|
(27)
|
(34)
|
(20)
|
(48)
|
(61)
|
(63)
|
(79)
|
|
Income from Continuing Operations |
(67)
|
(282)
|
(299)
|
(284)
|
(153)
|
33
|
18
|
10
|
47
|
48
|
57
|
66
|
73
|
106
|
124
|
150
|
153
|
|
Net Income (Common) |
(67)
N/A
|
(282)
-321%
|
(299)
-6%
|
(284)
+5%
|
(375)
-32%
|
(189)
+50%
|
(204)
-8%
|
(212)
-4%
|
(137)
+35%
|
(147)
-7%
|
(149)
-1%
|
(151)
-1%
|
29
N/A
|
62
+114%
|
80
+29%
|
106
+33%
|
(161)
N/A
|
|
EPS (Diluted) |
-0.39
N/A
|
-1.66
-326%
|
-1.69
-2%
|
-1.56
+8%
|
-2.22
-42%
|
-0.98
+56%
|
-0.99
-1%
|
-1.01
-2%
|
-0.67
+34%
|
-0.63
+6%
|
-0.56
+11%
|
-0.56
N/A
|
0.11
N/A
|
0.23
+109%
|
0.3
+30%
|
0.4
+33%
|
-0.69
N/A
|