15 years of revenue, profit, cash flow and balance-sheet history through FY2026,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 2.7% per year over the past 5 years.
Net income has grown faster than revenue (28.5% vs 2.7% per year).
Operating margin has expanded, at 6.0% in the latest year.
Free cash flow has declined 3.8% per year over the past 5 years.
Financial health
Total debt ($232M) exceeds cash ($40M); net debt is $193M.
Total debt has grown slower than revenue (-5.9% vs 2.7% per year).
Operating income covered interest expense 6.0× in the latest year, up from 4.6× 5 years ago.
Total debt is 1.7× EBITDA.
Shareholder returns
Dividends have been paid for 15 consecutive years, consuming 41.0% of earnings and 23.3% of free cash flow.
The dividend has grown 2.5% per year over the past 5 years.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
2026
$1.4B
$54M
22.7%
6.0%
10.6%
4.8%
$95M
$232M
$40M
2025
$1.4B
$85M
26.4%
8.7%
17.4%
7.2%
$90M
$285M
$41M
2024
$1.4B
$100M
25.9%
9.4%
21.1%
11.3%
$161M
$62M
$37M
2023
$1.4B
$104M
23.3%
8.7%
26.3%
11.4%
$58M
$170M
$20M
2022
$1.3B
$3M
20.9%
1.7%
0.9%
0.4%
$79M
$163M
$38M
2021
$1.2B
$15M
22.4%
2.1%
3.1%
1.5%
$116M
$315M
$47M
2020
$1.4B
$62M
23.0%
6.3%
12.0%
5.5%
$56M
$218M
$15M
2019
$1.4B
$46M
20.9%
4.8%
9.2%
4.3%
$36M
$246M
$17M
2018
$1.3B
$79M
25.1%
8.6%
15.5%
7.8%
$74M
$216M
$19M
2017
$1.1B
$86M
26.2%
11.0%
18.2%
10.9%
—
$65M
$27M
2016
—
$65M
—
—
16.1%
9.9%
—
$20M
$60M
2015
—
$51M
—
—
13.2%
8.3%
—
$21M
$52M
2014
—
$28M
—
—
7.9%
4.9%
—
$21M
$28M
2013
—
$19M
—
—
5.7%
3.6%
—
$31M
$38M
2012
—
$5M
—
—
1.4%
0.9%
—
$21M
$54M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
May '26
$343M
$12M
21.9%
5.5%
2.3%
1.0%
$1M
$237M
$26M
Feb '26
$351M
$17M
22.4%
7.3%
3.2%
1.5%
$47M
$232M
$40M
Nov '25
$349M
$17M
23.8%
7.1%
3.2%
1.5%
$23M
$255M
$41M
Aug '25
$358M
$24M
23.1%
7.5%
4.7%
2.0%
$52M
$270M
$40M
May '25
$347M
-$3M
21.7%
2.0%
-0.6%
-0.2%
-$27M
$311M
$33M
Mar '25
$346M
$2M
21.6%
1.8%
0.5%
0.2%
$19M
$285M
$41M
Nov '24
$341M
$21M
26.1%
8.4%
4.0%
1.8%
$22M
$272M
$44M
Aug '24
$342M
$31M
28.4%
12.3%
6.0%
3.3%
$50M
$62M
$51M
Jun '24
$332M
$31M
29.8%
12.5%
6.5%
3.5%
-$2M
$77M
$30M
Mar '24
$362M
$16M
24.4%
6.0%
3.3%
1.8%
$59M
$62M
$37M
Nov '23
$340M
$27M
26.6%
11.1%
5.9%
3.0%
$55M
$101M
$23M
Aug '23
$354M
$33M
27.0%
11.5%
7.7%
3.7%
$34M
$146M
$18M
May '23
$362M
$24M
25.7%
9.3%
5.7%
2.6%
$14M
$171M
$25M
Feb '23
$344M
$20M
22.7%
7.5%
5.1%
2.2%
$25M
$170M
$20M
Nov '22
$368M
$24M
23.5%
9.4%
6.3%
2.6%
$45M
$204M
$22M
Aug '22
$372M
$37M
22.8%
8.6%
10.5%
3.9%
$24M
$251M
$22M
May '22
$357M
$23M
24.0%
9.3%
6.9%
2.5%
-$36M
$261M
$15M
Feb '22
$328M
-$16M
28.6%
-2.6%
-4.2%
-1.8%
$5M
$163M
$38M
Nov '21
$334M
$11M
19.4%
5.3%
2.3%
1.1%
$28M
$312M
$78M
Aug '21
$326M
-$2M
14.7%
-0.9%
-0.4%
-0.2%
$43M
$312M
$62M
Valuation over time
How the market has priced APOG against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has risen from 8.7× (Mar '23) to 14.7× (Sep '26).
The price-to-sales ratio has fallen from 0.6× (Mar '23) to 0.6× (Sep '26).
The dividend yield has risen from 2.2% (Mar '23) to 2.8% (Sep '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Dividend yield (%)
Dividend yield %
Frequently asked questions
Is APOG growing its revenue and profit?
Over the past 5 years, Apogee Enterprises, Inc.'s revenue has grown 2.7% per year, and net income grown 28.5% per year. These are computed facts, not advice.
How much debt does APOG have?
As of FY2026, Apogee Enterprises, Inc. reported $232M of total debt against $40M of cash; operating income covered interest expense 6.0×.
What is APOG's profit margin?
In FY2026, gross margin was 22.7%, operating margin 6.0%, and net margin 3.9%.
What is APOG's P/E ratio?
As of Sep '26, Apogee Enterprises, Inc. traded at a price-to-earnings ratio of about 14.7× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.