Apogee (APOG) AI Stock Analysis

• Market Cap: $809.89M
• Dividend Yield: 2.76%
• Average Volume (3M): 192.10K
• Price to Earnings (P/E): 18.4
• Beta (1Y): 1.00
• Revenue Growth: 1.19%
• EPS Growth: -56.98%
• Country: US
• Employees: 4,500
• Sector: Industrials
• Sector Strength: 72
• Industry: Construction
• EPS (TTM): 0.98
• Shares Outstanding: 21,510,930
• 10 Day Avg. Volume: 132,532
• 30 Day Avg. Volume: 192,103
• PEG Ratio: -0.88
• Price to Book (P/B): 2.15
• Price to Sales (P/S): 0.77
• P/FCF Ratio: 11.70
• Enterprise Value/Market Cap: 1.53
• Enterprise Value/Revenue: 0.89
• Enterprise Value/Gross Profit: 3.70
• Enterprise Value/Ebitda: 7.76
• 1Y Price Target: $47.00
• Price Target Upside: 24.83% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 64 Neutral
• Price Target: $40.00 ▲(6.24% Upside)

Apogee's overall stock score reflects moderate financial health and fair valuation, but technical indicators suggest potential short-term volatility. The earnings call highlights both growth opportunities and challenges, particularly in managing costs and competitive pressures. Investors should monitor operational efficiency improvements and market conditions closely.

Positive Factors

Strong Cash Flow

Strong cash flow indicates robust operational efficiency and financial health, enabling Apogee to reinvest in growth opportunities and manage debt effectively.

Leadership Change

A new CEO with significant leadership experience can drive strategic initiatives and potentially enhance long-term shareholder value.

Performance Surfaces Growth

Strong growth in the Performance Surfaces segment suggests a successful strategy in expanding market share and product adoption, supporting future revenue growth.

Negative Factors

Competitive Pressure in Glass Segment

Intense competition in the glass segment could erode margins and profitability, challenging Apogee's ability to maintain its market position.

Higher Aluminum Costs

Rising aluminum costs can pressure margins and increase product pricing, potentially reducing competitiveness and profitability in the metals segment.

Decreased Adjusted EBITDA Margin

A decline in EBITDA margin reflects reduced operational efficiency, which may hinder Apogee's ability to generate profits and invest in growth.

Apogee Business Overview & Revenue Model

Company Description

Apogee Enterprises, Inc. designs and develops glass and metal products and services in the United States, Canada, and Brazil. The company operates in four segments: Architectural Framing Systems, Architectural Glass, Architectural Services, and Large-Scale Optical Technologies (LSO). The Architectural Framing Systems segment designs, engineers, fabricates, and finishes the aluminum frames used in customized aluminum and glass window; curtain wall; storefront; and entrance systems, such as the outside skin and entrances of commercial, institutional, and multi-family residential buildings. The Architectural Glass segment fabricates coated and high-performance glass used in customized window and wall systems, including the outside skin of commercial, institutional, and multi-family residential buildings. The Architectural Services segment offers full-service installation of the walls of glass, windows, and other curtain wall products making up the outside skin of commercial and institutional buildings. The LSO segment manufactures value-added glass and acrylic products for framing and display applications. The company's products and services are primarily used in commercial buildings, such as office buildings, hotels, and retail centers; and institutional buildings comprising education facilities, health care facilities, and government buildings, as well as multi-family residential buildings. It markets its architectural products and services through direct sales force, independent sales representatives, and distributors to glazing subcontractors and general contractors; and value-added glass and acrylics through retail chains, picture-framing shops, and independent distributors to museums, galleries, and other customers. The company was incorporated in 1949 and is based in Minneapolis, Minnesota.

How the Company Makes Money

Apogee generates revenue through multiple key streams, primarily from the sale of architectural glass products and framing systems. Their revenue model includes direct sales to contractors and construction firms, as well as partnerships with architects and builders that specify their products for projects. The company also benefits from a growing demand for energy-efficient and sustainable building materials, which positions their high-performance glass products favorably in the market. Additionally, Apogee's Large-Scale Optical Technologies segment contributes to revenue through the production of precision optical components used in various industries. Significant partnerships with leading construction firms and architectural design companies further bolster their earnings, allowing for collaboration on large-scale projects and enhancing their market presence.

Apogee Financial Statement Overview

Summary

Apogee's financial health is characterized by steady revenue and effective cash flow management, though profitability metrics like Net Profit Margin and ROE indicate areas for improvement. The balance sheet shows good leverage control, supporting long-term stability. Continued focus on operational efficiencies and enhancing return metrics could bolster future performance.

Income Statement

Apogee shows a consistent revenue stream with a strong Gross Profit Margin of 24.43% for TTM (Trailing-Twelve-Months). However, the Net Profit Margin has decreased to 3.73% in TTM, indicating pressure on net earnings. Revenue growth has been relatively stable, but not significant, with minor fluctuations over the years. The EBIT Margin is modest at 6.08%, reflecting room for operational efficiency improvements. Overall, the company maintains a solid EBITDA Margin of 9.60%, showcasing its capacity to generate earnings before non-operational expenses.

Balance Sheet

The company has a moderate Debt-to-Equity Ratio of 0.78 in TTM, indicating a balanced approach to leveraging debt. The Return on Equity is at 10.66%, which is reasonable but suggests potential for improvement. The Equity Ratio stands at 41.65%, reflecting a solid equity base relative to total assets. Overall, the balance sheet indicates stability but with scope for enhancing equity returns.

Cash Flow

Apogee demonstrates strong cash flow management with a positive Free Cash Flow Growth Rate despite a challenging investment environment. The Operating Cash Flow to Net Income Ratio is healthy at 1.95, indicating robust cash conversion from earnings. The Free Cash Flow to Net Income Ratio is also strong, highlighting efficient cash utilization.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	1.39B	1.36B	1.42B	1.44B	1.31B	1.23B
Gross Profit	334.23M	364.08M	372.63M	335.27M	302.36M	275.69M
EBITDA	159.12M	184.93M	187.82M	168.19M	152.01M	139.64M
Net Income	44.44M	85.05M	99.61M	104.11M	3.49M	15.44M
Balance Sheet
Total Assets	1.15B	1.18B	884.06M	915.37M	887.86M	1.02B
Cash, Cash Equivalents and Short-Term Investments	46.18M	46.25M	40.01M	19.92M	37.58M	47.28M
Total Debt	332.33M	351.92M	106.19M	214.72M	215.34M	226.69M
Total Liabilities	654.47M	687.37M	413.04M	518.96M	501.66M	522.35M
Stockholders Equity	500.21M	487.90M	471.02M	396.41M	386.20M	492.75M
Cash Flow
Free Cash Flow	66.55M	89.57M	160.97M	57.52M	78.63M	115.70M
Operating Cash Flow	98.31M	125.16M	204.15M	102.70M	100.47M	141.86M
Investing Cash Flow	-261.33M	-265.89M	-43.67M	-27.71M	9.28M	-2.15M
Financing Cash Flow	151.55M	146.05M	-144.61M	-91.02M	-120.57M	-107.88M

Apogee Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 37.65
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For APOG, the sentiment is Neutral. The current price of 37.65 is above the 20-day moving average (MA) of 35.31, below the 50-day MA of 37.80, and below the 200-day MA of 41.30, indicating a neutral trend. The MACD of 0.12 indicates Negative momentum. The RSI at 59.43 is Neutral, neither overbought nor oversold. The STOCH value of 81.33 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for APOG.

Apogee Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BXC	65 Neutral	$503.38M	18.87	2.20%	―	-0.19%	-50.51%
APOG	64 Neutral	$809.89M	18.45	8.83%	2.76%	1.19%	-56.98%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
JBI	60 Neutral	$849.61M	18.21	8.64%	―	-10.84%	-53.49%
ROCK	60 Neutral	$1.46B	666.49	13.29%	―	-9.21%	-97.43%
NX	50 Neutral	$635.39M	―	-43.35%	2.31%	70.18%	-374.22%
JELD	39 Underperform	$222.97M	―	-155.46%	―	-15.28%	-350.51%

Apogee Corporate Events

Apogee Appoints Donald A. Nolan as New CEO

On October 31, 2025, Apogee Enterprises announced a leadership transition with Donald A. Nolan appointed as the new CEO, succeeding Ty R. Silberhorn. Nolan, who has been with Apogee’s Board since 2013, brings significant leadership experience and aims to drive long-term value creation for shareholders. The company reaffirmed its fiscal 2026 outlook, maintaining its net sales and adjusted EPS forecasts.