APOG · Apogee Enterprises, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q3 '26 | Q2 '26 | Q1 '25 | Q3 '25 | Q2 '25 | Q1 '24 | Q3 '24 | Q2 '24 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $346.62M | $348.56M | $358.19M | $331.52M | $341.34M | $342.44M | $361.71M | $339.71M | $353.68M | $356.63M |
| Cost of Revenue | $271.50M | $265.57M | $275.59M | $232.66M | $252.19M | $245.12M | $268.73M | $249.41M | $258.30M | $271.02M |
| Gross Profit | $75.13M | $82.99M | $82.61M | $98.86M | $89.15M | $97.32M | $92.99M | $90.31M | $95.37M | $85.62M |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $68.19M | $58.11M | $55.72M | $57.47M | $60.52M | $55.36M | $59.22M | $52.66M | $54.82M | $52.40M |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | $12.44M | - | - | $9.98M | - | - | $10.28M | - | - | $10.85M |
| Operating Income | $6.93M | $24.88M | $26.89M | $41.38M | $28.63M | $41.97M | $33.77M | $37.65M | $40.55M | $33.22M |
| Interest Expense | $3.85M | $3.23M | $4.08M | $450.0K | $1.04M | $1.14M | $2.04M | $1.45M | $2.23M | $1.21M |
| Income Tax | $5.09M | $7.56M | $4.30M | $10.06M | $6.66M | $10.55M | $7.87M | $8.33M | $9.90M | $7.97M |
| Net Income | ($2.69M) | $16.55M | $23.65M | $31.01M | $20.99M | $30.57M | $23.58M | $26.97M | $33.33M | $22.73M |
| EPS - Basic | ($0.13) | $0.78 | $1.10 | $1.42 | $0.96 | $1.40 | $1.08 | $1.24 | $1.54 | $1.01 |
| EPS - Diluted | ($0.13) | $0.77 | $1.10 | $1.41 | $0.96 | $1.40 | $1.05 | $1.23 | $1.52 | $1.00 |
Balance Sheet
| Line item | Q1 '26 | Q3 '26 | Q2 '26 | Q1 '25 | Q3 '25 | Q2 '25 | Q1 '24 | Q3 '24 | Q2 '24 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $39.52M | $41.31M | $39.53M | $41.45M | $43.85M | $51.02M | $37.22M | $23.41M | $18.42M | $19.92M |
| Accounts Receivable | $198.52M | $176.59M | $195.32M | $185.59M | $187.80M | $177.15M | $173.56M | $198.25M | $205.72M | $223.10M |
| Inventory | $98.06M | $102.50M | $102.46M | $92.31M | $97.00M | $79.59M | $69.24M | $70.27M | $72.78M | $78.44M |
| Accounts Payable | $105.48M | $92.84M | $95.41M | $98.80M | $96.37M | $86.03M | $84.75M | $83.11M | $78.32M | $86.55M |
| Current Assets | $439.43M | $436.00M | $460.11M | $442.10M | $431.32M | $393.79M | $358.64M | $372.46M | $376.31M | $383.10M |
| Total Assets | $1.12B | $1.12B | $1.15B | $1.18B | $1.18B | $917.09M | $884.06M | $894.86M | $908.58M | $915.37M |
| Current Liabilities | $266.86M | $229.75M | $261.89M | $285.46M | $263.91M | $238.85M | $244.71M | $236.57M | $224.29M | $242.55M |
| Long-term Debt | $232.28M | $255.00M | $270.00M | $285.00M | $272.00M | $62.00M | $62.00M | $100.67M | $145.68M | $169.84M |
| Total Liabilities | - | - | - | - | - | - | - | - | - | - |
| Stockholders' Equity | $511.79M | $512.29M | $500.21M | $487.90M | $522.07M | $506.42M | $471.02M | $455.73M | $432.32M | $396.41M |
| Retained Earnings | $376.44M | $377.31M | $367.58M | $359.98M | $388.48M | $373.46M | $340.38M | $329.94M | $308.25M | $273.74M |
Cash Flow
| Line item | Q1 '26 | Q3 '26 | Q2 '26 | Q1 '25 | Q3 '25 | Q2 '25 | Q1 '24 | Q3 '24 | Q2 '24 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($19.78M) | - | - | $5.45M | - | - | $21.29M | - | - | ($30.46M) |
| Investing Cash Flow | ($6.98M) | - | - | ($7.33M) | - | - | ($6.93M) | - | - | ($938.0K) |
| Financing Cash Flow | $17.64M | - | - | ($4.93M) | - | - | ($11.26M) | - | - | $17.62M |
| CapEx | $7.17M | - | - | $7.23M | - | - | $7.40M | - | - | $5.13M |
| Free Cash Flow | ($26.95M) | - | - | ($1.78M) | - | - | $13.89M | - | - | ($35.59M) |
Ratios
| Metric | Q1 '26 | Q3 '26 | Q2 '26 | Q1 '25 | Q3 '25 | Q2 '25 | Q1 '24 | Q3 '24 | Q2 '24 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 21.7% | 23.8% | 23.1% | 29.8% | 26.1% | 28.4% | 25.7% | 26.6% | 27.0% | 24.0% |
| Operating margin | 2.0% | 7.1% | 7.5% | 12.5% | 8.4% | 12.3% | 9.3% | 11.1% | 11.5% | 9.3% |
| EBITDA margin | 5.6% | - | - | 15.5% | - | - | 12.2% | - | - | 12.4% |
| Net margin | -0.8% | 4.7% | 6.6% | 9.4% | 6.1% | 8.9% | 6.5% | 7.9% | 9.4% | 6.4% |
| Free cash flow margin | -7.8% | - | - | -0.5% | - | - | 3.8% | - | - | -10.0% |
| FCF / Net income | 10.03 | - | - | -0.06 | - | - | 0.59 | - | - | -1.57 |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 19.7% | 16.7% | 15.6% | 17.3% | 17.7% | 16.2% | 16.4% | 15.5% | 15.5% | 14.7% |
| Effective tax rate | 211.9% | 31.4% | 15.4% | 24.5% | 24.1% | 25.7% | 25.0% | 23.6% | 22.9% | 26.0% |
| Return on assets | -0.2% | 1.5% | 2.0% | 2.6% | 1.8% | 3.3% | 2.7% | 3.0% | 3.7% | 2.5% |
| Return on equity | -0.5% | 3.2% | 4.7% | 6.4% | 4.0% | 6.0% | 5.0% | 5.9% | 7.7% | 5.7% |
| Return on invested capital | 0.5% | 2.2% | 3.0% | 4.0% | 2.7% | 5.5% | 4.7% | 5.2% | 5.4% | 4.3% |
| Liquidity | ||||||||||
| Current ratio | 1.65 | 1.90 | 1.76 | 1.55 | 1.63 | 1.65 | 1.47 | 1.57 | 1.68 | 1.58 |
| Quick ratio | 1.28 | 1.45 | 1.37 | 1.23 | 1.27 | 1.32 | 1.18 | 1.28 | 1.35 | 1.26 |
| Cash ratio | 0.15 | 0.18 | 0.15 | 0.15 | 0.17 | 0.21 | 0.15 | 0.10 | 0.08 | 0.08 |
| Leverage | ||||||||||
| Debt / Equity | 0.45 | 0.50 | 0.54 | 0.58 | 0.52 | 0.12 | 0.13 | 0.22 | 0.34 | 0.43 |
| Debt / Assets | 0.21 | 0.23 | 0.23 | 0.24 | 0.23 | 0.07 | 0.07 | 0.11 | 0.16 | 0.19 |
| Debt / EBITDA | 11.99 | - | - | 5.55 | - | - | 1.41 | - | - | 3.85 |
| Interest coverage | 1.8x | 7.7x | 6.6x | 92.0x | 27.4x | 36.8x | 16.6x | 25.9x | 18.2x | 27.5x |
| Equity multiplier | 2.19 | 2.18 | 2.31 | 2.41 | 2.26 | 1.81 | 1.88 | 1.96 | 2.10 | 2.31 |
| Liabilities / Assets | - | - | - | - | - | - | - | - | - | - |
| Efficiency | ||||||||||
| Asset turnover | 0.31 | 0.31 | 0.31 | 0.28 | 0.29 | 0.37 | 0.41 | 0.38 | 0.39 | 0.39 |
| Inventory turnover | 2.77 | 2.59 | 2.69 | 2.52 | 2.60 | 3.08 | 3.88 | 3.55 | 3.55 | 3.46 |
| Days sales outstanding | 209d | 185d | 199d | 204d | 201d | 189d | 175d | 213d | 212d | 228d |
| Days inventory outstanding | 132d | 141d | 136d | 145d | 140d | 119d | 94d | 103d | 103d | 106d |
| Days payable outstanding | 142d | 128d | 126d | 155d | 139d | 128d | 115d | 122d | 111d | 117d |
| Cash conversion cycle | 199d | 198d | 208d | 194d | 202d | 179d | 154d | 194d | 204d | 217d |
| Valuation | ||||||||||
| P / E | - | 47.3x | 40.0x | 34.0x | 87.7x | 47.7x | 54.4x | 37.5x | 32.8x | 45.9x |
| P / B | 1.7x | 1.5x | 1.9x | 2.2x | 3.5x | 2.9x | 2.7x | 2.2x | 2.5x | 2.6x |
| P / S | 2.5x | 2.3x | 2.7x | 3.2x | 5.4x | 4.3x | 3.5x | 3.0x | 3.1x | 2.9x |
| EV / EBITDA | 53.8x | - | - | 25.3x | - | - | 29.6x | - | - | 27.0x |
| Growth | ||||||||||
| Revenue growth (YoY) | 4.6% | 2.1% | 4.6% | -8.3% | 0.5% | -3.2% | 1.4% | -7.6% | -5.0% | 9.4% |
| Revenue CAGR (3y) | -0.9% | -1.8% | -1.3% | 0.6% | 0.7% | 1.7% | 7.8% | 2.7% | 3.4% | 0.1% |
| Revenue CAGR (5y) | 3.7% | 2.1% | 2.3% | -1.4% | 0.2% | -0.8% | - | -1.0% | -0.5% | 1.2% |
| Gross profit growth (YoY) | -24.0% | -6.9% | -15.1% | 6.3% | -1.3% | 2.0% | 8.6% | 4.3% | 12.3% | 26.4% |
| Operating income growth (YoY) | -83.3% | -13.1% | -35.9% | 22.5% | -24.0% | 3.5% | 1.7% | 8.3% | 26.4% | 107.1% |
| Net income growth (YoY) | - | -21.2% | -22.6% | 31.5% | -22.2% | -8.3% | 3.7% | 13.5% | -10.9% | 110.1% |
| EPS growth (YoY) | - | -19.8% | -21.4% | 34.3% | -22.0% | -7.9% | 5.0% | 15.0% | -9.5% | 138.1% |
| EPS CAGR (3y) | - | -10.4% | -13.2% | 49.7% | 29.7% | - | 112.1% | -4.7% | 31.4% | 19.9% |
| EPS CAGR (5y) | - | -11.5% | 10.4% | 19.4% | 11.0% | 14.2% | - | 9.5% | 16.1% | 13.1% |
| FCF growth (YoY) | -1417.4% | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 4.9% | -1.9% | -1.2% | 3.6% | 14.6% | 17.1% | 18.8% | 20.7% | 21.2% | 2.6% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2026-02-28.
Business segments
$1.40B totalArchitectural Metals Segment$503.75M · 35.9%
Architectural Services Segment$439.23M · 31.3%
Architectural Glass Segment$263.79M · 18.8%
Performance Surfaces$197.97M · 14.1%
Geographic
$1.40B totalUS$1.34B · 95.2%
CA$51.30M · 3.7%
BR$16.02M · 1.1%
Peer comparison
Same SIC group: Glass Products, Made of Purchased Glass
| Company | Revenue (last FY) | Net margin | ROE |
|---|---|---|---|
| PHOT | - | - | - |
Comparing APOGEE ENTERPRISES against the 1 most active filer in the same SIC group.
Dividends
$1.06/share trailing 12 months · +3.9% YoY
| Ex-date | Per share |
|---|---|
| May 13, 2026 | $0.2700 |
| Feb 3, 2026 | $0.2700 |
| Oct 29, 2025 | $0.2600 |
| Jul 16, 2025 | $0.2600 |
| May 13, 2025 | $0.2600 |
| Jan 28, 2025 | $0.2600 |
| Oct 22, 2024 | $0.2500 |
| Jul 10, 2024 | $0.2500 |
| May 20, 2024 | $0.2500 |
| Jan 29, 2024 | $0.2500 |
| Oct 23, 2023 | $0.2400 |
| Jul 11, 2023 | $0.2400 |
| May 8, 2023 | $0.2400 |
| Jan 30, 2023 | $0.2400 |
| Oct 24, 2022 | $0.2200 |
| Jul 11, 2022 | $0.2200 |
| May 9, 2022 | $0.2200 |
| Jan 28, 2022 | $0.2200 |
| Oct 25, 2021 | $0.2000 |
| Jul 13, 2021 | $0.2000 |
| May 7, 2021 | $0.2000 |
| Jan 29, 2021 | $0.2000 |
| Oct 23, 2020 | $0.1880 |
| Jul 13, 2020 | $0.1880 |