APOGEE ENTERPRISES, INC. APOG

Industrials SIC 3231 - Glass Products, Made of Purchased Glass NAICS Manufacturing › Nonmetallic Mineral Product Manufacturing › Glass and Glass Product Manufacturing › Glass Product Manufacturing Made of Purchased Glass derived Nasdaq

Apogee Enterprises, Inc. (Apogee, we, us, our or the Company) was incorporated under the laws of the State of Minnesota in 1949. We are a leading provider of architectural building products and services, as well as high-performance coated materials used in a variety of applications.

•The Architectural Metals Segment designs, engineers, fabricates and finishes aluminum window, curtainwall, storefront and entrance systems used primarily in non-residential construction. In fiscal 2026, this segment accounted for approximately 36% of our net sales.

•The Architectural Services Segment integrates technical services, project management, and field installation services to design, engineer, fabricate, and install architectural curtainwall and other façade-related systems used primarily in non-residential construction. In fiscal 2026, this segment accounted for approximately 31% of our net sales.

Last close 43.63 2026-10-23
Market cap $910.5M 2026-05-30 share count
52-week range 30.75 - 50.88

Valuation FY2025 figures against the last close

P/S0.6x
P/E17.3x
P/FCF9.6x
EV/EBITDA8.2x
Dividend yield2.4%
Diluted EPS2.52

Where the revenue comes from as reported in the latest 10-K

Revenue by geography

  • United States
  • Canada
  • Brazil
Revenue by geography, 3 categories over 3 years. The same figures are in the table below. FY2025 United States, FY2025: 1.3B (95.2%) 95% United States Canada, FY2025: 51.3M (3.7%) 4% Brazil, FY2025: 16M (1.1%) FY2024 United States, FY2024: 1.3B (92.5%) 92% Canada, FY2024: 85.4M (6.3%) 6% Brazil, FY2024: 16.7M (1.2%) FY2023 United States, FY2023: 1.3B (91.4%) 91% Canada, FY2023: 101.1M (7.1%) 7% Brazil, FY2023: 20.5M (1.4%)
Region FY2025FY2024FY2023
United States $1.34B $1.26B $1.30B
Canada $51.3M $85.4M $101.1M
Brazil $16.0M $16.7M $20.5M

As the company reported it, from the “Business Segment Data - Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Regions are the filer's own and are not mapped onto a standard list — one company's “Americas” and another's “United States” are different areas, and making them look comparable would mean making at least one of them wrong. Slices under 1% are folded into “Other”.

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $1.40B$1.36B$1.42B$1.44B$1.31B$1.23B$1.39B$1.40B$1.33B$1.11B
Cost of revenue $1.09B$1.00B$1.05B$1.11B$1.04B$955.1M$1.07B$1.11B$992.7M$822.5M
Gross profit $319.5M$359.9M$367.1M$335.3M$274.2M$275.7M$319.0M$293.6M$333.5M$292.0M
R&D $11.2M$29.0M$30.3M$25.5M$17.3M$15.3M$16.6M$19.5M$14.0M$8.6M
SG&A $235.0M$241.8M$233.3M$209.5M$202.6M$180.1M$231.1M$223.1M$219.2M$169.8M
Operating income $84.5M$118.1M$133.8M$125.8M$22.0M$25.5M$87.8M$67.3M$114.3M$122.2M
Interest expense $14.0M$6.2M$6.7M$7.7M$4.6M$5.6M$9.2M$8.4M$5.5M$971.0K
Pre-tax income $77.5M$112.6M$129.3M$116.6M$13.9M$22.6M$79.8M$58.7M$109.9M$122.8M
Income tax $23.3M$27.5M$29.6M$12.5M$10.4M$7.2M$17.8M$13.0M$30.4M$37.0M
Net income $54.1M$85.1M$99.6M$104.1M$3.5M$15.4M$61.9M$45.7M$79.5M$85.8M
EPS, basic 2.543.914.554.730.140.592.341.642.792.98
EPS, diluted 2.523.894.514.640.140.592.321.632.762.97
Shares, diluted (wtd. avg.) 21.5M21.9M22.1M22.4M25.3M26.3M26.7M28.1M28.8M28.9M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $39.5M$41.4M$37.2M$21.5M$37.6M$47.3M$15.0M$29.2M$19.4M$27.3M
Short-term investments $6.1M$4.8M——————$423.0K$548.0K
Receivables $198.5M$185.6M$173.6M$197.3M$168.6M$175.9M$196.8M$192.8M$211.9M$185.7M
Inventory $98.1M$92.3M$69.2M$78.4M$80.5M$72.8M$71.1M$78.3M$80.9M$73.4M
Total current assets $439.4M$442.1M$358.6M$383.1M$337.9M$350.7M$381.9M$371.9M$336.3M$297.5M
Property, plant and equipment $255.0M$268.1M$244.2M$248.9M$250.0M$298.4M$324.4M$315.8M$304.1M$246.7M
Goodwill $236.7M$235.8M$129.2M$129.0M$130.1M$130.1M$185.5M$185.8M$181.0M$101.3M
Other intangibles $111.3M$128.4M$66.1M$67.4M$72.5M$130.1M$140.2M$148.2M$167.3M$106.7M
Total assets $1.12B$1.18B$884.1M$915.4M$887.9M$1.02B$1.13B$1.07B$1.02B$784.7M
Accounts payable $105.5M$98.8M$84.8M$86.5M$92.1M$76.2M$69.1M$72.2M$68.4M$63.2M
Short-term debt ———$0$1.0M$2.0M$5.4M$0——
Total current liabilities $266.9M$285.5M$244.7M$242.5M$232.9M$217.6M$276.9M$227.5M$208.2M$186.1M
Long-term debt $232.3M$285.0M$62.0M$169.8M$162.0M$163.0M$212.5M$245.7M$215.9M$65.4M
Retained earnings $376.4M$360.0M$340.4M$273.7M$254.8M$357.2M$388.0M$367.6M$373.3M$342.0M
Total equity $511.8M$487.9M$471.0M$396.4M$386.2M$492.7M$516.8M$496.3M$511.4M$470.6M

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $122.5M$125.2M$204.2M$102.7M$100.5M$141.9M$107.3M$96.4M$127.5M$124.0M
Depreciation and amortisation $50.0M$44.6M$41.6M$42.4M$50.0M$51.4M$46.8M$49.8M$54.8M$35.6M
Stock-based compensation $8.2M$10.7M$9.7M$8.7M$6.3M$8.6M$6.6M$6.3M$6.2M$6.0M
Capital expenditure $27.3M$35.6M$43.2M$45.2M$21.8M$26.2M$51.4M$60.7M$53.2M$68.1M
Investing cash flow -$30.5M-$265.9M-$43.7M-$27.7M$9.3M-$2.1M-$47.0M-$53.7M-$233.6M-$175.9M
Financing cash flow -$96.2M$146.0M-$144.6M-$91.0M-$120.6M-$107.9M-$74.5M-$32.3M$98.3M$18.7M
Dividends paid $22.2M$21.7M$21.1M$19.7M$20.3M$19.6M$18.7M$17.9M$16.4M$14.7M
Buybacks $15.0M$45.4M$11.8M$74.3M$100.4M$32.9M$25.1M$43.3M$33.7M$10.8M

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0000006845-26-000036.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. 0 500M 1B 1.5B Revenue, FY2016: 1.1B Gross profit, FY2016: 292M Net income, FY2016: 85.8M Revenue, FY2017: 1.3B Gross profit, FY2017: 333.5M Net income, FY2017: 79.5M Revenue, FY2018: 1.4B Gross profit, FY2018: 293.6M Net income, FY2018: 45.7M Revenue, FY2019: 1.4B Gross profit, FY2019: 319M Net income, FY2019: 61.9M Revenue, FY2020: 1.2B Gross profit, FY2020: 275.7M Net income, FY2020: 15.4M Revenue, FY2021: 1.3B Gross profit, FY2021: 274.2M Net income, FY2021: 3.5M Revenue, FY2022: 1.4B Gross profit, FY2022: 335.3M Net income, FY2022: 104.1M Revenue, FY2023: 1.4B Gross profit, FY2023: 367.1M Net income, FY2023: 99.6M Revenue, FY2024: 1.4B Gross profit, FY2024: 359.9M Net income, FY2024: 85.1M Revenue, FY2025: 1.4B Gross profit, FY2025: 319.5M Net income, FY2025: 54.1M FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $1.11B $1.33B $1.40B $1.39B $1.23B $1.31B $1.44B $1.42B $1.36B $1.40B
Gross profit $292.0M $333.5M $293.6M $319.0M $275.7M $274.2M $335.3M $367.1M $359.9M $319.5M
Net income $85.8M $79.5M $45.7M $61.9M $15.4M $3.5M $104.1M $99.6M $85.1M $54.1M

Recent filings and events

  • Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
  • Regulation FD disclosure Item 7.01
  • Acquisition or disposal completed A purchase or sale of a significant business or asset has closed. Item 2.01
  • Regulation FD disclosure Item 7.01
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Officer or director change Item 5.02
  • Material agreement signed Item 1.01
  • Regulation FD disclosure Item 7.01
  • Officer or director change Item 5.02

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.