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
Aug '26
$391M
$22M
24.6%
8.6%
4.3%
1.8%
$24M
$336M
$37M
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
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 18.1× (Nov '26).
The price-to-sales ratio has risen from 0.6× (Mar '23) to 0.7× (Nov '26).
The dividend yield has risen from 2.2% (Mar '23) to 2.3% (Nov '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?
Apogee Enterprises, Inc.'s P/E (TTM) is 14.62 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the APOG stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 18.1× as of Nov '26) can differ. 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), split-adjusted; price return — dividends not reinvested ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.