APi Group Corporation

NYSE:APG Stock Report

Market Cap: US$10.1b

APi Group Management

Management criteria checks 3/4

APi Group's CEO is Russ Becker, appointed in Jan 2002, has a tenure of 22.92 years. total yearly compensation is $10.20M, comprised of 14% salary and 86% bonuses, including company stock and options. directly owns 1.15% of the company’s shares, worth $115.54M. The average tenure of the management team and the board of directors is 2.8 years and 5.2 years respectively.

Key information

Russ Becker

Chief executive officer

US$10.2m

Total compensation

CEO salary percentage14.0%
CEO tenure22.9yrs
CEO ownership1.1%
Management average tenure2.8yrs
Board average tenure5.2yrs

Recent management updates

Recent updates

APi Group: Expecting Growth To Accelerate And Adj EBITDA Margin To Expand

Dec 18

At US$39.12, Is APi Group Corporation (NYSE:APG) Worth Looking At Closely?

Dec 10
At US$39.12, Is APi Group Corporation (NYSE:APG) Worth Looking At Closely?

Returns On Capital Are Showing Encouraging Signs At APi Group (NYSE:APG)

Nov 22
Returns On Capital Are Showing Encouraging Signs At APi Group (NYSE:APG)

APi Group (NYSE:APG) Has A Pretty Healthy Balance Sheet

Nov 01
APi Group (NYSE:APG) Has A Pretty Healthy Balance Sheet

APi Price And Earnings Diverge, Setting Up Strong Buy Rating

Oct 15

Is There An Opportunity With APi Group Corporation's (NYSE:APG) 50% Undervaluation?

Oct 10
Is There An Opportunity With APi Group Corporation's (NYSE:APG) 50% Undervaluation?

There's Reason For Concern Over APi Group Corporation's (NYSE:APG) Price

Jul 15
There's Reason For Concern Over APi Group Corporation's (NYSE:APG) Price

APi Group: Leading Player In An Attractive Industry

Jul 02

An Intrinsic Calculation For APi Group Corporation (NYSE:APG) Suggests It's 43% Undervalued

May 09
An Intrinsic Calculation For APi Group Corporation (NYSE:APG) Suggests It's 43% Undervalued

APi Group Now Looks Fairly Valued, Even With Its Acquisition (Rating Downgrade)

Apr 17

APi Group Corporation (NYSE:APG) Investors Are Less Pessimistic Than Expected

Mar 22
APi Group Corporation (NYSE:APG) Investors Are Less Pessimistic Than Expected

Margin Expansion Makes Additional Upside For APi Group Possible

Jan 31

Does APi Group (NYSE:APG) Have A Healthy Balance Sheet?

Jan 26
Does APi Group (NYSE:APG) Have A Healthy Balance Sheet?

APi Group: Continued Margin Expansion Expected, Debt Repayment, And Undervalued

Jan 18

An Intrinsic Calculation For APi Group Corporation (NYSE:APG) Suggests It's 46% Undervalued

Jan 08
An Intrinsic Calculation For APi Group Corporation (NYSE:APG) Suggests It's 46% Undervalued

APi Group: Find A Better Entry Point

Oct 27

Greystone Capital - APi Group:  Trading For Less Than 10x EBITDA Looking Out

Jul 31

CEO Compensation Analysis

How has Russ Becker's remuneration changed compared to APi Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$432m

Jun 30 2024n/an/a

-US$459m

Mar 31 2024n/an/a

-US$500m

Dec 31 2023US$10mUS$1m

-US$161m

Sep 30 2023n/an/a

US$84m

Jun 30 2023n/an/a

US$62m

Mar 31 2023n/an/a

US$49m

Dec 31 2022US$9mUS$1m

US$23m

Sep 30 2022n/an/a

-US$151m

Jun 30 2022n/an/a

-US$147m

Mar 31 2022n/an/a

-US$143m

Dec 31 2021US$8mUS$1m

-US$137m

Sep 30 2021n/an/a

-US$216m

Jun 30 2021n/an/a

-US$210m

Mar 31 2021n/an/a

-US$195m

Dec 31 2020US$2mUS$440k

-US$375m

Sep 30 2020n/an/a

-US$284m

Jun 30 2020n/an/a

-US$295m

Mar 31 2020n/an/a

-US$276m

Dec 31 2019US$12mUS$1m

-US$67m

Compensation vs Market: Russ's total compensation ($USD10.20M) is about average for companies of similar size in the US market ($USD12.86M).

Compensation vs Earnings: Russ's compensation has increased whilst the company is unprofitable.

CEO

Russ Becker (58 yo)

22.9yrs

Tenure

US$10,197,630

Compensation

Mr. Russell A. Becker, also known as Russ, serves as the Chief Executive Officer and President of APi Electric Company. Mr. Becker has been the Chief Executive Officer and Director of APi Group Corporation...

Leadership Team

NamePositionTenureCompensationOwnership
Russell Becker
CEO, President & Director22.9yrsUS$10.20m1.15%
$ 115.5m
Louis Lambert
Senior VP2.4yrsUS$2.03m0.00088%
$ 88.8k
Kristina Morton
Senior VP & Chief People Officer2.8yrsUS$1.82m0.012%
$ 1.2m
Glenn Jackola
Interim Chief Financial Officerno dataUS$896.99kno data
Steve Arsenault
Chief Information Officer2.8yrsno datano data
Adam Fee
Vice President of Investor Relations1.9yrsno datano data
Paul Grunau
Chief Learning Officer3.9yrsUS$1.24mno data
Velma Korbel
VP and Chief of Diversityless than a yearno datano data
Craig Fellman
Senior VP & Specialty Services Segment Leader2.9yrsno datano data
Don Brown
Senior VP & North America Safety Services Segment Leaderno datano datano data
Bill Ball
President of MMC & HVAC Division Leader1.8yrsno datano data
Andrew White
Senior VP of APi International & CEO of Chubb2.9yrsno datano data

2.8yrs

Average Tenure

49yo

Average Age

Experienced Management: APG's management team is considered experienced (2.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Russell Becker
CEO, President & Director5.2yrsUS$10.20m1.15%
$ 115.5m
Martin Franklin
Co-Chairman7.3yrsno data4.76%
$ 479.7m
James Lillie
Independent Co-Chairman7.3yrsUS$175.00k2.5%
$ 252.2m
Thomas Milroy
Lead Independent Director7.3yrsUS$188.75k0.019%
$ 1.9m
Anthony Malkin
Independent Director5.2yrsUS$180.00k0.072%
$ 7.3m
Ian Ashken
Independent Director5.2yrsUS$190.00k2.36%
$ 237.8m
Carrie Wheeler
Independent Director5.2yrsUS$183.75k0.012%
$ 1.2m
Cyrus Walker
Independent Director5.2yrsUS$190.00k0.012%
$ 1.2m
Paula Loop
Independent Director2.8yrsUS$182.50k0.0037%
$ 375.2k

5.2yrs

Average Tenure

62yo

Average Age

Experienced Board: APG's board of directors are considered experienced (5.2 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/24 06:33
End of Day Share Price 2024/12/24 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

APi Group Corporation is covered by 10 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Andrew WittmannBaird
Julian MitchellBarclays
Andrew ObinBofA Global Research