Apogee Enterprises, Inc. provides architectural products and services for enclosing buildings, and glass and acrylic products used for preservation, protection, and enhanced viewing in the United States, Canada, and Brazil. The company operates in four segments: Architectural Metals, Architectural Glass, Architectural Services, and Performance Surfaces. The Architectural Metals segment designs, engineers, fabricates, and finishes aluminum window, curtainwall, storefront, and entrance systems for applications in non-residential construction under Tubelite, EFCO, Linetec, and Alumicor brands. The Architectural Glass segment cuts, treats, coats, and fabricates glass used in custom window and wall systems under the Viracon and GlassecViracon brand names. The Architectural Services segment integrates technical services, project management, and field installation services to design, engineer, fabricate, and install architectural curtainwall systems and other faΓ§ade-related systems under the Harmon brand. The Performance Surfaces segment develops and manufactures coated materials for a variety of applications, including wall decor, museums, graphic design, digital displays, architectural interiors, and industrial flooring under Tru Vue, ResinDEK, RDC Coatings, ChromaLuxe, and Unisub brands. The company's products and services are primarily used in commercial buildings, such as office buildings, hotels, and retail centers; institutional buildings comprising education facilities, health care facilities, and government buildings; transportation facilities, such as airports and transit terminals, as well as multi-family residential buildings. It markets its architectural products and services through direct sales force, independent sales representatives, and distributors, and glazing subcontractors and general contractors; and retail chains, as well as independent distribution network. The company was incorporated in 1949 and is based in Minneapolis, Minnesota.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2026
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2026 | $1.4B | $141M | $54M | $95M | 10.6% | 3.2% | -36.4% |
| 2025 | $1.4B | $163M | $85M | $90M | 17.4% | -3.9% | -14.6% |
| 2024 | $1.4B | $178M | $100M | $161M | 21.1% | -1.6% | -4.3% |
| 2023 | $1.4B | $167M | $104M | $58M | 26.3% | - | - |
| 2022 | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Total Revenue | - | 1,440.70 | 1,416.94 | 1,360.99 | 1,404.73 |
| Operating Revenue | - | 1,440.70 | 1,416.94 | 1,360.99 | 1,404.73 |
| Cost Of Revenue | - | 1,105.42 | 1,049.81 | 1,001.10 | 1,085.26 |
| Gross Profit | - | 335.27 | 367.13 | 359.89 | 319.47 |
| Operating Expense | - | 209.48 | 233.30 | 241.78 | 235 |
| Selling General And Administration | - | 209.48 | 233.30 | 241.78 | 235 |
| Total Expenses | - | 1,314.91 | 1,283.11 | 1,242.88 | 1,320.26 |
| Operating Income | - | 125.79 | 133.83 | 118.11 | 84.47 |
| Total Operating Income As Reported | - | 125.79 | 133.83 | 118.11 | 84.47 |
| EBITDA | - | 166.68 | 177.51 | 163.34 | 141.43 |
| Normalized EBITDA | - | 166.68 | 177.51 | 163.34 | 141.43 |
| EBIT | - | 124.28 | 135.92 | 118.73 | 91.43 |
| Interest Expense | - | 7.66 | 6.67 | 6.16 | 13.98 |
| Net Interest Income | - | -7.66 | -6.67 | -6.16 | -13.98 |
| Other Non Operating Income Expenses | - | -1.51 | 2.09 | 0.62 | 6.96 |
| Other Income Expense | - | -1.51 | 2.09 | 0.62 | 6.96 |
| Interest Expense Non Operating | - | 7.66 | 6.67 | 6.16 | 13.98 |
| Net Non Operating Interest Income Expense | - | -7.66 | -6.67 | -6.16 | -13.98 |
| Pretax Income | - | 116.62 | 129.25 | 112.57 | 77.46 |
| Tax Provision | - | 12.51 | 29.64 | 27.52 | 23.32 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | 0 | 0 | 0 | 0 |
| Net Income Continuous Operations | - | 104.11 | 99.61 | 85.05 | 54.13 |
| Net Income From Continuing And Discontinued Operation | - | 104.11 | 99.61 | 85.05 | 54.13 |
| Net Income From Continuing Operation Net Minority Interest | - | 104.11 | 99.61 | 85.05 | 54.13 |
| Net Income | - | 104.11 | 99.61 | 85.05 | 54.13 |
| Net Income Common Stockholders | - | 104.11 | 99.61 | 85.05 | 54.13 |
| Net Income Including Noncontrolling Interests | - | 104.11 | 99.61 | 85.05 | 54.13 |
| Normalized Income | - | 104.11 | 99.61 | 85.05 | 54.13 |
| Diluted NI Availto Com Stockholders | - | 104.11 | 99.61 | 85.05 | 54.13 |
| Basic Average Shares | - | 22.01 | 21.87 | 21.73 | 21.30 |
| Diluted Average Shares | - | 22.42 | 22.09 | 21.89 | 21.52 |
| Reconciled Depreciation | - | 42.40 | 41.59 | 44.61 | 50 |
| Reconciled Cost Of Revenue | - | 1,105.42 | 1,049.81 | 1,001.10 | 1,085.26 |
| Total Unusual Items | -49.47 | 0 | 0 | - | - |
| Total Unusual Items Excluding Goodwill | -49.47 | 0 | 0 | - | - |
| Special Income Charges | -49.47 | 0 | 0 | - | - |
| Impairment Of Capital Assets | 49.47 | 0 | 0 | - | - |
Industrials sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Apogee Enterprises, Inc.this co. | APOG | $798M | 14.74 | 1.56 | 10.6% | 7.39 |
| Mayville Engineering Company, Inc. | MEC | $833M | -102.73 | 3.46 | -3.4% | 28.48 |
| Quanex Building Products Corporation | NX | $818M | -3.26 | 1.13 | -34.5% | -19.15 |
| Cryoport, Inc. | CYRX | $815M | 10.40 | 1.77 | 17.0% | -378.98 |
| Compass Diversified | CODI | $803M |
| - |
| - |
| - |
| - |
| - |
| - |
| -3.55 |
| -22.42 |
| 632.3% |
| 164.90 |
| Montrose Environmental Group, Inc. | MEG | $801M | -949.94 | 1.77 | -0.2% | 14.06 |
| Barrett Business Services, Inc. | BBSI | $798M | 14.66 | 3.31 | 22.6% | 8.34 |
| Matthews International Corporation | MATW | $796M | -32.53 | 1.66 | -5.1% | 10.13 |
| Spire Global, Inc. | SPIR | $776M | 15.12 | 6.87 | 45.4% | 9.09 |
| Peer Median | - | -3.40 | 1.77 | 8.4% | 9.61 | |