APi Group Corporation APG

Competitive advantage analysis · industrials

Corporate Default
Overall moat score
58/100
Moderate

About APi Group Corporation

APi Group Corporation provides fire and life safety, security, elevator and escalator, and specialty services worldwide. It operates in two segments, Safety Services and Specialty Services. The company offers fire protection solutions; electronic security systems; and elevators and escalators, including the design, installation, inspection, service, and monitoring of life safety systems to high tech services, advanced manufacturing, healthcare, fulfillment and … Full APG analysis →

Competitive advantage assessment

Key strengths

  • Scale Supporting Profitability Profitability at scale is strong (score 0.74), demonstrating competitive advantages.
  • Consistent Cash Generation Cash generation is strong and consistent (score 0.72).

Key risks

  • Revenue Volatility Signals Weak Stickiness Revenue volatility is high (stability score 0.25), suggesting weak customer stickiness.

The dashed ring is the peer median. Defense scores are percentile ranks against peers, so 50 is roughly the typical company in this group.

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Pricing Power

Moderate
70

Where APG ranks in Engineering & Construction

APi Group Corporation ranks #25 of 49 scored companies in Engineering & Construction by moat score — the top 51%. The widest moat in the group is Sterling Infrastructure, Inc. (STRL) at 79/100.

Moat scores for companies ranked near APG in Engineering & Construction
# Company Moat score Rating
21 Quanta Services, Inc. PWR 59/100 Moderate
22 Jacobs Solutions Inc. J 59/100 Moderate
23 AECOM ACM 59/100 Moderate
24 Concrete Pumping Holdings, Inc. BBCP 59/100 Moderate
25 APi Group Corporation APG 58/100 Moderate
26 MasTec, Inc. MTZ 53/100 Moderate
27 Tutor Perini Corporation TPC 50/100 Moderate
28 Bowman Consulting Group Ltd. BWMN 46/100 Developing
29 Ameresco, Inc. AMRC 45/100 Developing

See every General Corporate company ranked by moat score →

How APG scores on the Corporate Default defenses

Pricing Power

Score 70 · 20% of the moat score

Pricing power is the ability to raise prices without losing volume.

Cost Advantage

Score 40 · 15% of the moat score

A cost advantage means delivering the same product for structurally less — better purchasing, denser distribution, a more automated process.

Customer Stickiness

Score 53 · 15% of the moat score

Stickiness is what makes revenue repeat without being re-won every year.

Capital Efficiency

Score 52 · 18% of the moat score

Capital efficiency asks what the company earns on the money tied up in the business.

Resilience

Score 58 · 17% of the moat score

Resilience is the capacity to get through a bad year on its own terms — enough liquidity, enough interest cover, and enough cash generation to avoid a rescue financing or a forced sale.

Scale & Market Position

Score 72 · 15% of the moat score

Scale matters only when it converts into economics.

How each Corporate Default defense is measured, in full →

Understanding APG's moat

What is APi Group Corporation's moat score?

APi Group Corporation (APG) scores 58 out of 100 on the StatsAlpha Moat Map, which rates its competitive advantage as moderate. It ranks #25 of 49 scored companies in Engineering & Construction, the top 51%. The score is a weighted composite of 6 competitive defenses, each measured against industry peers of 48 companies in Engineering & Construction. Its strongest defense is Scale & Market Position (72/100) and its weakest is Cost Advantage (40/100).

How does APi Group Corporation compare with other Engineering & Construction companies?

APi Group Corporation ranks #25 of 49 scored companies in Engineering & Construction by moat score. The widest moat in Engineering & Construction is Sterling Infrastructure, Inc. (STRL) at 79/100. The companies ranked closest are Concrete Pumping Holdings, Inc. (BBCP) at 58 just above it and MasTec, Inc. (MTZ) at 53 just below it.

How is the moat score calculated?

Each company is scored with an industry-specific template — Corporate Default in this case, chosen because the defenses that matter to a bank are not the ones that matter to a software company. Every defense combines several financial signals, and each signal is measured as a percentile against a peer group of 48 companies in Engineering & Construction. The defenses are then weighted to produce the overall score out of 100.

Why is APi Group Corporation scored with the Corporate Default template?

Most public companies sell a product or a service at a margin, so the moat question is whether that margin survives contact with competitors. The Corporate template scores the six defenses that show up in a general operating company's financial signature: whether it can hold price, produce more cheaply than rivals, keep its customers, earn a return above its cost of capital, withstand a downturn, and turn size into economics.

Which competitive defenses are measured for APi Group Corporation?

The Corporate Default template measures 6 defenses, and APG scores: Pricing Power (70), Cost Advantage (40), Customer Stickiness (53), Capital Efficiency (52), Resilience (58), Scale & Market Position (72). Each is scored independently as a percentile against peers, so a company can be strong on one and weak on another — the overall score reflects how those defenses are weighted for this industry.

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