Apogee (APOG) AI Stock Analysis

• Market Cap: $941.49M
• Dividend Yield: 2.4%
• Average Volume (3M): 183.00K
• Price to Earnings (P/E): 18.7
• Beta (1Y): 1.04
• Revenue Growth: -0.77%
• EPS Growth: -52.02%
• Country: US
• Employees: 4,500
• Sector: Industrials
• Sector Strength: 72
• Industry: Construction
• EPS (TTM): 0.56
• Shares Outstanding: 21,529,570
• 10 Day Avg. Volume: 204,004
• 30 Day Avg. Volume: 182,999
• PEG Ratio: -0.87
• Price to Book (P/B): 2.13
• Price to Sales (P/S): 0.77
• P/FCF Ratio: 11.63
• Enterprise Value/Market Cap: 1.23
• Enterprise Value/Revenue: 0.84
• Enterprise Value/Gross Profit: 3.46
• Enterprise Value/Ebitda: 8.79
• 1Y Price Target: $49.00
• Price Target Upside: 14.25% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 72 Outperform
• Price Target: $49.00 ▲(14.25% Upside)

Apogee's overall stock score is driven by solid financial performance and effective cash flow management, despite some profitability challenges. The earnings call provided a positive outlook with strategic initiatives expected to yield cost savings. Technical indicators suggest a cautious market sentiment, while valuation metrics indicate moderate pricing with a reasonable dividend yield.

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 various streams, primarily from the sale of its architectural glass and framing systems. The company’s Architectural Glass segment provides energy-efficient glass products used in commercial buildings, while the Architectural Framing Systems segment offers a range of aluminum framing solutions. Additionally, Apogee profits from its Digital Graphics segment which includes the production of graphics used for building signage and decorative applications. Key revenue streams are driven by the demand for energy-efficient building materials, ongoing construction projects, and renovation activities. Strategic partnerships with construction firms and architectural design companies further bolster its market presence and revenue potential. Factors such as rising construction activity and the increasing focus on sustainable building practices contribute positively to Apogee’s earnings.

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 2025	Dec 2024	Dec 2024	Dec 2023
Income Statement
Total Revenue	1.38B	1.36B	1.36B	1.42B	1.42B	1.44B
Gross Profit	336.16M	359.89M	359.89M	372.63M	372.63M	335.27M
EBITDA	132.17M	166.80M	166.80M	178.83M	178.83M	179.34M
Net Income	51.35M	85.05M	85.05M	99.61M	99.61M	104.11M
Balance Sheet
Total Assets	1.16B	1.18B	1.18B	884.06M	884.06M	915.37M
Cash, Cash Equivalents and Short-Term Investments	32.83M	41.45M	41.45M	37.22M	37.22M	19.92M
Total Debt	375.32M	351.92M	351.92M	106.19M	106.19M	181.64M
Total Liabilities	675.05M	687.37M	687.37M	413.04M	413.04M	518.96M
Stockholders Equity	481.78M	487.90M	487.90M	471.02M	471.02M	396.41M
Cash Flow
Free Cash Flow	64.40M	89.57M	89.57M	160.97M	160.97M	57.52M
Operating Cash Flow	99.93M	125.16M	125.16M	204.15M	204.15M	102.70M
Investing Cash Flow	-265.55M	-265.89M	-265.89M	-43.67M	-43.67M	-27.71M
Financing Cash Flow	168.62M	146.05M	146.05M	-144.61M	-144.61M	-91.02M

Apogee Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 42.89
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For APOG, the sentiment is Negative. The current price of 42.89 is below the 20-day moving average (MA) of 43.55, below the 50-day MA of 43.13, and below the 200-day MA of 45.78, indicating a bearish trend. The MACD of 0.22 indicates Positive momentum. The RSI at 46.63 is Neutral, neither overbought nor oversold. The STOCH value of 29.96 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for APOG.

Apogee Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ROCK	74 Outperform	$1.90B	15.42	12.97%	―	-7.49%	10.79%
APOG	72 Outperform	$941.49M	18.66	10.68%	2.40%	-0.77%	-52.02%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
BXC	63 Neutral	$557.68M	21.18	4.46%	―	-2.32%	-21.44%
JBI	59 Neutral	$1.36B	31.68	7.93%	―	-14.06%	-65.38%
NX	49 Neutral	$666.59M	33.84	-43.35%	2.17%	70.18%	-374.22%
JELD	46 Neutral	$400.54M	―	-56.74%	―	-15.16%	-1232.39%

Apogee Corporate Events

Apogee Announces New Leadership Appointments in Key Segments

On August 7, 2025, Apogee Enterprises announced the appointment of Troy R. Johnson as President of the Architectural Metals Segment and Matt Christian as President of the Architectural Services Segment. These leadership changes reflect the company’s commitment to organizational development and providing growth opportunities for its employees. Troy Johnson, who has been with Apogee since 2011, succeeds Nicholas C. Longman, while Matt Christian, with 23 years at the company, takes over Johnson’s previous role. The appointments are expected to leverage their extensive industry experience and leadership skills to drive value and transformation within the company.

The most recent analyst rating on (APOG) stock is a Buy with a $48.00 price target. To see the full list of analyst forecasts on Apogee stock, see the APOG Stock Forecast page.

Apogee Confirms Director Re-elections and Approvals

On June 25, 2025, Apogee held its Annual Meeting of Shareholders where three key proposals were voted upon. The re-election of two Class III directors, Elizabeth M. Lilly and Mark A. Pompa, was confirmed for three-year terms. Additionally, the shareholders approved the company’s executive compensation and ratified Deloitte & Touche LLP as the independent registered public accounting firm for the fiscal year ending February 28, 2026.

The most recent analyst rating on (APOG) stock is a Buy with a $48.00 price target. To see the full list of analyst forecasts on Apogee stock, see the APOG Stock Forecast page.