APOGNasdaqGlass Products, Made of Purchased GlassFiscal year ends March 1
APOGEE ENTERPRISES, INC.
Financials through Q2 FY2026, quarter ended Aug 29, 2026Last filing: 10-Q on Oct 6, 2026
$41.68+0.30 (+0.72%)
Close on Oct 19, 2026
- Market cap
- $871.15M
- P/E (TTM)
- 13.2
- Dividend yield
- 2.52%
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
22.7%+0.3 pts over 5 years
Operating margin
6.0%+3.9 pts over 5 years
Net margin
3.9%+2.6 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +3.2% | -0.8% | +2.7% | +33.3% | |
| Gross profit | -11.2% | -1.6% | +3.0% | +2.7% | |
| Operating income | -28.5% | -12.4% | +27.0% | -1.4% | |
| Net income | -36.4% | -19.6% | +28.5% | -1.9% | |
| EPS, diluted | -35.2% | -18.4% | +33.7% | +1.3% | |
| Free cash flow | +6.2% | +18.3% | -3.8% | +0.9% | |
| Dividend per share | +4.0% | +5.3% | +6.6% | +8.7% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 19.6% | 3.1% | 10.8% | |
| Return on assets | 11.9% | 1.4% | 4.7% | |
| Current ratio | 1.60 | 1.61 | 1.65 | |
| Debt to equity | 0.14 | 0.33 | 0.45 | |
| Net debt to EBITDA | 0.24× | 1.53× | 1.43× | |
| Interest coverage | 125.9× | 4.6× | 6.0× | |
| Inventory turnover | 12.0× | 13.3× | 11.4× | |
| Capex to revenue | 6.1% | 2.1% | 1.9% | |
| Diluted shares | 29M | 26M | 22M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Apogee Enterprises generated $654.95M from operations and spent $525.03M on capital expenditure, dividends and share buybacks. 33% of that went back into the business.
Generated
$654.95M
Used
$525.03M
Capital expenditure$173.10M33%Dividends$105.02M20%Share buybacks$246.91M47%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin3.9%
×Asset turnover1.22×
×Equity multiplier2.30×
=Return on equity, FY202510.8%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 3.9% | 1.22× | 2.30× | 10.8% |
| FY2024 | 6.2% | 1.32× | 2.15× | 17.7% |
| FY2023 | 7.0% | 1.57× | 2.07× | 23.0% |
| FY2022 | 7.2% | 1.60× | 2.30× | 26.6% |
| FY2021 | 0.3% | 1.38× | 2.17× | 0.8% |
| FY2020 | 1.3% | 1.15× | 2.12× | 3.1% |
| FY2019 | 4.5% | 1.26× | 2.17× | 12.2% |
| FY2018 | 3.3% | 1.34× | 2.07× | 9.1% |
| FY2017 | 6.0% | 1.47× | 1.84× | 16.2% |
| FY2016 | 7.7% | 1.55× | 1.64× | 19.6% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
6of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero$54.13M
- Cash generatingOperating cash flow above zero$122.47M
- Return on assets improvedROA up on the prior year9.6% → 4.6%
- Earnings backed by cashOperating cash flow above net income$122.47M vs $54.13M
- Less leverageLong-term debt to assets fell24.2% → 20.7%
- Better liquidityCurrent ratio rose1.55 → 1.65
- No dilutionShare count did not rise22M → 22M
- Gross margin improvedGross margin up on the prior year26.44% → 22.74%
- More efficientAsset turnover rose1.54 → 1.20