Api Income Tax Expense from 2010 to 2024

APG Stock  USD 37.55  0.08  0.21%   
Api Group's Income Tax Expense is increasing over the last several years with slightly volatile swings. Income Tax Expense is estimated to finish at about 83 M this year. During the period from 2010 to 2024 Api Group Corp Income Tax Expense regressed destribution of quarterly values had mean deviationof  19,319,556 and mean square error of 632.7 T. View All Fundamentals
 
Income Tax Expense  
First Reported
2019-03-31
Previous Quarter
20 M
Current Value
31 M
Quarterly Volatility
17.7 M
 
Covid
Check Api Group financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Api Group's main balance sheet or income statement drivers, such as Tax Provision of 83 M, Interest Income of 72.5 M or Interest Expense of 152.2 M, as well as many indicators such as Price To Sales Ratio of 0.76, Dividend Yield of 0.0655 or PTB Ratio of 1.5. Api financial statements analysis is a perfect complement when working with Api Group Valuation or Volatility modules.
  
Check out the analysis of Api Group Correlation against competitors.

Latest Api Group's Income Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of Api Group Corp over the last few years. It is Api Group's Income Tax Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Api Group's overall financial position and show how it may be relating to other accounts over time.
Income Tax Expense10 Years Trend
Slightly volatile
   Income Tax Expense   
       Timeline  

Api Income Tax Expense Regression Statistics

Arithmetic Mean17,263,333
Coefficient Of Variation167.12
Mean Deviation19,319,556
Median8,000,000
Standard Deviation28,849,811
Sample Variance832.3T
Range114M
R-Value0.54
Mean Square Error632.7T
R-Squared0.29
Significance0.04
Slope3,498,750
Total Sum of Squares11652.4T

Api Income Tax Expense History

202483 M
202379 M
202220 M
202132 M
2020-31 M
2019M
201810 M

About Api Group Financial Statements

Api Group stakeholders use historical fundamental indicators, such as Api Group's Income Tax Expense, to determine how well the company is positioned to perform in the future. Although Api Group investors may analyze each financial statement separately, they are all interrelated. For example, changes in Api Group's assets and liabilities are reflected in the revenues and expenses on Api Group's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Api Group Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Tax Expense79 M83 M

Currently Active Assets on Macroaxis

When determining whether Api Group Corp is a strong investment it is important to analyze Api Group's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Api Group's future performance. For an informed investment choice regarding Api Stock, refer to the following important reports:
Check out the analysis of Api Group Correlation against competitors.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Is Construction & Engineering space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Api Group. If investors know Api will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Api Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.563
Earnings Share
(1.74)
Revenue Per Share
26.82
Quarterly Revenue Growth
0.024
Return On Assets
0.0339
The market value of Api Group Corp is measured differently than its book value, which is the value of Api that is recorded on the company's balance sheet. Investors also form their own opinion of Api Group's value that differs from its market value or its book value, called intrinsic value, which is Api Group's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Api Group's market value can be influenced by many factors that don't directly affect Api Group's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Api Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Api Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Api Group's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.