/
The Company Apogee Enterprises, Inc. (Apogee, we, us, our or the Company) was incorporated under the laws of the State of Minnesota in 1949. We are a leading provider of architectural building products and services, as well as high-performance coated materials used in a variety of applications.
Operating margin is thin at 6.01%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue grew 3.2%, steady but not accelerating. Margins contracted 2.7pp, which offsets some of the top-line progress.
ROIC dropped from 12.79% to 7.47%, capital efficiency is deteriorating.
Profitability & Returns
Revenue (TTM)
$1.40B
▲ +3.2% YoY
Net Income (TTM)
$54M
▼ -36.4% YoY
Op. Margin
6.01%
▼ -2.7pp YoY
ROIC
7.47%
▼ -5.3pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
$95M
▲ +6.2% YoY
Op. Cash Flow (TTM)
$122M
▼ -2.2% YoY
Net Debt
$241M
Cash & Equiv.
$46M
5Y CAGR: +2.7%
5Y CAGR: -3.8%
Continue Research