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Apogee Enterprises, Inc.. (APOG) Fundamental Analysis & AI Grade 2026

APOG Nasdaq Glass Products, Made of Purchased Glass MN CIK: 0000006845
Recently Updated • Analysis: Aug 2, 2026 • SEC Data: 2026-05-30
Combined AI Grade
C
75% Confidence
AGREEMENT
C
75% Conf
B
75% Conf

📊 APOG Key Takeaways

Revenue: $342.7M
Net Margin: 3.4%
Free Cash Flow: $1.1M
Current Ratio: 1.76x
Debt/Equity: 0.46x
EPS: $0.54
AI Grade: C with 75% confidence
Apogee Enterprises, Inc.. (APOG) receives a C fundamental grade with 75% confidence from our AI analysis based on SEC 10-K filings. With revenue of $342.7M, net profit margin of 3.4%, and return on equity (ROE) of 2.3%, Apogee Enterprises, Inc.. demonstrates mixed fundamentals in the Materials sector. Below is our complete APOG stock analysis for 2026.

Is Apogee Enterprises, Inc.. (APOG) a Good Investment?

Claude

Apogee Enterprises faces structural profitability challenges with flat revenue growth, declining EPS (-35.2% YoY), and razor-thin margins (3.4% net, 5.5% operating) that limit capital returns and cash generation. The company's abysmal returns on capital (ROE 2.3%, ROA 1.0%) and minimal free cash flow ($1.1M or 0.3% of revenue) are insufficient to service $237.4M in debt and fund growth, indicating operational inefficiency and competitive pressure.

ChatGPT

Apogee Enterprises shows solid balance sheet liquidity, manageable leverage, and positive free cash flow generation, which supports financial stability. However, flat revenue, declining diluted EPS, and only moderate profitability suggest the business is currently in a steady but not clearly accelerating phase. The fundamentals support resilience more than strong growth momentum.

Apogee Enterprises, Inc.. Key Strengths (APOG)

Claude
  • + Moderate leverage at 0.46x debt/equity with adequate interest coverage of 6.6x
  • + Stable gross margins at 21.9% suggesting consistent procurement/pricing power
  • + Acceptable liquidity with 1.76x current ratio providing near-term solvency
ChatGPT
  • + Healthy liquidity with a 1.90x current ratio and 1.45x quick ratio
  • + Positive free cash flow of $48.31M with disciplined capital spending
  • + Manageable leverage at 0.50x debt-to-equity with adequate 5.3x interest coverage

APOG Stock Risks: Apogee Enterprises, Inc.. Investment Risks

Claude
  • ! Zero revenue growth signals stagnation or deteriorating competitive position in glass products market
  • ! EPS collapse (−35.2% YoY) despite flat revenue indicates severe margin compression and operational distress
  • ! Critically weak free cash flow generation ($1.1M on $342.7M revenue) undermines debt sustainability and limits reinvestment
  • ! Extremely poor capital efficiency (1.0% ROA, 2.3% ROE) demonstrates value-destructive asset deployment
  • ! Low cash position ($26.4M) relative to debt burden ($237.4M) limits financial flexibility for downturns
ChatGPT
  • ! Revenue growth is stalled at 0.0% YoY, limiting operating leverage
  • ! Diluted EPS declined 13.7% YoY, indicating earnings pressure
  • ! Profitability remains modest with 5.6% operating margin and 3.6% net margin

Key Metrics to Watch

Claude
  • * Revenue growth trajectory and market share trends in commercial/architectural glass segments
  • * Operating margin recovery and gross profit absolute dollar growth
  • * Free cash flow generation and debt reduction capacity
  • * Capital expenditure productivity and return on invested capital
ChatGPT
  • * Operating margin and EPS trend
  • * Free cash flow conversion and revenue growth

Apogee Enterprises, Inc.. (APOG) Financial Metrics & Key Ratios

Revenue
$342.7M
Net Income
$11.5M
EPS (Diluted)
$0.54
Free Cash Flow
$1.1M
Total Assets
$1.1B
Cash Position
$26.4M

💡 AI Analyst Insight

The relatively thin 0.3% FCF margin may limit capital allocation flexibility.

APOG Profit Margin, ROE & Profitability Analysis

Gross Margin 21.9%
Operating Margin 5.5%
Net Margin 3.4%
ROE 2.3%
ROA 1.0%
FCF Margin 0.3%

APOG vs Materials Sector: How Apogee Enterprises, Inc.. Compares

How Apogee Enterprises, Inc.. compares to Materials sector averages

Net Margin
APOG 3.4%
vs
Sector Avg 10.0%
APOG Sector
ROE
APOG 2.3%
vs
Sector Avg 14.0%
APOG Sector
Current Ratio
APOG 1.8x
vs
Sector Avg 1.6x
APOG Sector
Debt/Equity
APOG 0.5x
vs
Sector Avg 0.6x
APOG Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Apogee Enterprises, Inc.. Stock Overvalued? APOG Valuation Analysis 2026

Based on fundamental analysis, Apogee Enterprises, Inc.. shows some fundamental concerns relative to the Materials sector in 2026.

Return on Equity
2.3%
Sector avg: 14%
Net Profit Margin
3.4%
Sector avg: 10%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.46x
Sector avg: 0.6x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Apogee Enterprises, Inc.. Balance Sheet: APOG Debt, Cash & Liquidity

Current Ratio
1.76x
Quick Ratio
1.34x
Debt/Equity
0.46x
Debt/Assets
0.0%
Interest Coverage
6.65x
Long-term Debt
$237.4M

APOG Revenue & Earnings Growth: 5-Year Financial Trend

APOG 5-year financial data: Year 2022: Revenue $1.4B, Net Income $61.9M, EPS $2.32. Year 2023: Revenue $1.4B, Net Income $15.4M, EPS $0.59. Year 2024: Revenue $1.4B, Net Income $3.5M, EPS $0.14. Year 2025: Revenue $1.4B, Net Income $104.1M, EPS $4.64. Year 2026: Revenue $1.4B, Net Income $99.6M, EPS $4.51.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Apogee Enterprises, Inc..'s revenue has shown modest growth of 2% over the 5-year period. The most recent EPS of $4.51 reflects profitable operations.

APOG Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
0.3%
Free cash flow / Revenue

APOG Quarterly Earnings & Performance

Quarterly financial performance data for Apogee Enterprises, Inc.. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q1 2027 $342.7M -$2.7M $-0.13
Q3 2026 $341.3M -$2.7M $0.77
Q2 2026 $342.4M -$2.7M $0.97
Q1 2026 $331.5M -$2.7M $-0.13
Q3 2025 $339.7M $21.0M $0.96
Q2 2025 $342.4M $23.6M $1.40
Q1 2025 $331.5M $23.6M $1.05
Q3 2024 $339.7M $22.7M $1.07

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Apogee Enterprises, Inc.. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$7.4M
Cash generated from operations
Stock Buybacks
$9.7M
Shares repurchased (TTM)
Capital Expenditures
$6.3M
Investment in assets
Dividends Paid
$5.6M
Returned to shareholders

APOG SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Apogee Enterprises, Inc.. (CIK: 0000006845)

📋 Recent SEC Filings

Date Form Document Action
Jul 21, 2026 4 xslF345X06/wk-form4_1784658240.xml View →
Jul 2, 2026 4 xslF345X06/wk-form4_1783009411.xml View →
Jul 2, 2026 4 xslF345X06/wk-form4_1783009336.xml View →
Jul 2, 2026 4 xslF345X06/wk-form4_1783009239.xml View →
Jul 2, 2026 4 xslF345X06/wk-form4_1783009172.xml View →

Frequently Asked Questions about APOG

What is the AI rating for APOG?

Apogee Enterprises, Inc.. (APOG) has a Combined AI Grade of C from Claude (C) and ChatGPT (B) with 75% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are APOG's key strengths?

Claude: Moderate leverage at 0.46x debt/equity with adequate interest coverage of 6.6x. Stable gross margins at 21.9% suggesting consistent procurement/pricing power. ChatGPT: Healthy liquidity with a 1.90x current ratio and 1.45x quick ratio. Positive free cash flow of $48.31M with disciplined capital spending.

What are the risks of investing in APOG?

Claude: Zero revenue growth signals stagnation or deteriorating competitive position in glass products market. EPS collapse (−35.2% YoY) despite flat revenue indicates severe margin compression and operational distress. ChatGPT: Revenue growth is stalled at 0.0% YoY, limiting operating leverage. Diluted EPS declined 13.7% YoY, indicating earnings pressure.

What is APOG's revenue and growth?

Apogee Enterprises, Inc.. reported revenue of $342.7M.

Does APOG pay dividends?

Apogee Enterprises, Inc.. pays dividends, with $5.6M distributed to shareholders in the trailing twelve months.

Where can I find APOG SEC filings?

Official SEC filings for Apogee Enterprises, Inc.. (CIK: 0000006845) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is APOG's EPS?

Apogee Enterprises, Inc.. has a diluted EPS of $0.54.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.

What is APOG's fundamental grade?

Based on our AI fundamental analysis in August 2026, Apogee Enterprises, Inc.. has a C grade with 75% confidence. Review the strengths and risks sections above for full context. This is not investment advice.

Is APOG stock overvalued or undervalued?

Valuation metrics for APOG: ROE of 2.3% (sector avg: 14%), net margin of 3.4% (sector avg: 10%). Compare these metrics with sector averages to assess valuation.

What is APOG's AI grade for 2026?

Our dual AI analysis gives Apogee Enterprises, Inc.. a combined C grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is APOG's free cash flow?

Apogee Enterprises, Inc..'s operating cash flow is $7.4M, with capital expenditures of $6.3M. FCF margin is 0.3%.

How does APOG compare to other Materials stocks?

Vs Materials sector averages: Net margin 3.4% (avg: 10%), ROE 2.3% (avg: 14%), current ratio 1.76 (avg: 1.6).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Aug 2, 2026 | Data as of: 2026-05-30 | Powered by Claude AI