NYSE:APGConstruction
APi Group (APG) Earnings Growth Surges 27.9%, Reinforcing Bullish Investor Narratives on Profit Quality
APi Group (APG) has delivered a standout year, turning profitable and posting annual earnings growth of 27.9%, outpacing the US market’s 15.7% average. Over the last five years, APG’s earnings have climbed by an average of 13.2% per year, and projections call for earnings growth above 20% per year over the next three years. Despite the robust profit momentum and improved net profit margin, shares trade at a steep Price-To-Earnings Ratio of 103.4x. This is well above peers and the wider...