With an income increase of 22.58% in the third quarter 2026, year on year to cumulative value of $357 million, and with 29,000 employees, Api Group's income per employee grew on trailing twelve month basis to $ 12,310, this is below the company average income per employee. The Services sector has seen employees of 19 other companies achieving higher income per employee. While Api Group's total ranking has deteriorated compared to the previous quarter from 1987 to 2024.
APi Group Corporation (NYSE: APG), a renowned global provider of life safety, security, and specialty services, successfully paid down an additional $175 million on its Term Loan due in 2026. This recent development brings down the outstanding debt to $330 million. Moreover, APi has already repaid a total of $475 million of debt this year, reinforcing its commitment to financial stability. The company anticipates ending the year 2023 with a net leverage ratio below its targeted 2.5x. Key Facts: 1. Debt Paydown: APi Group has made a significant debt payment of $175 million on its Term Loan due in 2026, reducing the outstanding debt to $330 million. 2. Previous Debt Repayment: In the current year, APi Group has already repaid a sum of $475 million, demonstrating its dedication to reducing debt. 3. Net Leverage Ratio: APi Group aims to end 2023 with a net leverage ratio below their targeted 2.5x, indicating a healthy financial standing. 4. Income Growth: In the third quarter of 2023, APi Group experienced a 38.46% increase in income, reaching a cumulative value of $194 million. 5. Income per Employee: With its 13,000 employees, APi Group boasts a record-high income per employee on a trailing twelve-month basis, amounting to $14,923. 6. Industry Comparison: While APi Group s income per employee has reached extraordinary heights, the Construction Services industry has witnessed 21 other companies surpass this metric. 7. Decrease in Overall Ranking: APi Group s overall ranking has suffered a decline compared to the second quarter of 2023.
Companies with similar Income per Employee for 12 month ending Sep 30 2026, within Services Sector
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