APi Group announces long-term targets at investor day

APi Group (APG) will host its investor day at the New York Stock Exchange, beginning at 9:00 am ET. At the event, APi plans to provide updates to its strategic plan and introduce the following long-term 10/16/60+ financial targets: $10B in net revenues by 2028, with mid-single-digit organic growth, 16%+ adjusted EBITDA margin by 2028, 60% of net revenues from inspection, service and monitoring, and $3B in cumulative adjusted free cash flow through 2028. Russ Becker, APi’s president and CEO stated: “We are excited to share our new 10/16/60+ shareholder value creation framework and detail our next phase of profitable growth. All 29,000 of our leaders rallied behind our 13/60/80 targets, and I can’t wait to see our businesses embrace our new framework and goals. We believe our proven operating model, built on an inspection and service-first strategy, purpose-driven leadership, and a disciplined approach to capital allocation, positions APi for sustained organic growth, margin expansion and value-accretive M&A. We are off to a strong start in 2025 with positive momentum across the business, allowing us to reaffirm our second quarter and full year 2025 financial guidance. We are confident in our leaders’ ability to execute our strategy and deliver against our new 10/16/60+ long-term financial targets, creating value for all of our stakeholders.”