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← CockpitCompetitor Analysis › APOG Apogee Enterprises, Inc.Open in the cockpit ↗

Apogee Enterprises, Inc.APOGCompetitor analysis, valuation and peers

United States · USD·Industrials›Building Products
Momentum leader 84
Mkt cap
$956M
US dollars, full cap
Free float
97%
of shares outstanding
$/day
$13.3M
20-day average traded
Fwd P/E
13.6×
forward earnings
ROIC−WACC
+3.3 pp
WACC 8.7%
Hurdle
-3 pp
Req g minus delivered
Next earnings
61 days
6 Jan 2027
Close · USD$45.77
1D-0.3%
1W+1.2%
1M+12.3%
3M+7.6%
6M+24.9%
YTD+25.7%
1Y+29.1%
ATR %3.6%
Beta1.03
52w lowhigh10.1% off high

What Apogee Enterprises does

Employees: 4,100

Apogee Enterprises at a glance

Size Apogee Enterprises (APOG) is a United States Industrials company (Building Products) with a market value of $956M, the 2278th largest of 3,117 United States companies the cockpit tracks. Shares closed at $45.77 on 6 Nov 2026.

Performance Over six months the shares gained 24.9%, against -16.6% for the median peer and -1.1% for the United States market (cap-weighted) — 2nd highest of 21 in its peer set.

Growth Revenue grew 3.0% over the last twelve months (peer median +0.5%); the operating margin is 9.1% (peer median 3.4%).

Valuation It trades at 13.6× forward earnings against a peer median of 26.2× (3rd cheapest of 15).

Price implies For today's price to make sense, revenue must grow about 0% a year for seven years (Req g). Recent delivered growth is +3%, so the hurdle is -3 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 3.3 points above its cost of capital (8.7% WACC).

Backlog Backlog (remaining performance obligations) was $835M at 29 Aug 2026, down 10% on a year earlier — 0.6 years of trailing revenue. Backlog detail →

Short interest Short interest is 4.1% of the free float (15 Oct 2026).

Next results Next results expected around 6 Jan 2027 (exchange calendar; dates can move).

Relative performance

8010012011 May 202611 Aug 20266 Nov 2026APOG 126Peer median 83
Six months, rebased to 100: Apogee Enterprises against the median of its 20 peers (local-currency closes).

Apogee Enterprises financials

Reported figures in USD; fiscal year ends 2026-02-28. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue$1.43B$1.40B$1.36B$1.42B$1.44B
Revenue growth—+3%-4%-2%—
Gross profit$345M$335M$380M$393M$356M
EBITDA$183M$164M$175M$183M$180M
Net income$67.1M$54.1M$85.1M$99.6M$104M
Free cash flow$95.2M$95.2M$89.6M$161M$57.5M
Capital expenditure$33.3M$27.3M$35.6M$43.2M$45.2M
Total debt$383M$286M$352M$106M$215M

Quarterly statements and history in the cockpit →

Apogee Enterprises competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-40%-20%0%+20%-20%0%600894NX300217603269ZEHN003043001322437730603366603098688408002135JHD7981603111300249NPKIPLPC002641002774APOG6-month return →1-month return →
Up and to the right = strong over both horizons. Apogee Enterprises is the large dot.

Fundamentals: revenue growth against valuation

-20%0%+20%0×100×200×300×600894NX300217603269003043001322688408002135300249NPKIPLPC002641APOGRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Apogee Enterprises is the large dot.

Capital: growth delivered against growth the price implies

0%+20%+40%0%20%40%600894NX300217ZEHN003043001322603366002135JHD7981NPKIPLPC002641002774APOGGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Apogee Enterprises is the large dot.

Apogee Enterprises competitors and peer comparison

How Apogee Enterprises compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Apogee Enterprises against its 20 peers (data as of 6 Nov 2026)
MeasureAPOGPeer medianRank in peer set
1-month return+12.3%-3.0%2nd highest of 21
6-month return+24.9%-16.6%2nd highest of 21
Distance from 52-week high-10.1%-35.5%3rd highest of 21
Revenue growth (TTM)+3.0%+0.5%6th highest of 21
Operating margin9.1%3.4%6th highest of 21
Forward P/E13.6×26.2×3rd cheapest of 15
Growth the price implies (Req g, 7 yrs)-0.3%7.2%6th least demanding of 16
Growth delivered (Del g)+2.7%+2.9%8th lowest of 16
Hurdle (Req g minus delivered)-3.0 pp+2.7 pp6th least demanding of 16
ROIC minus cost of capital+3.3 pp-3.1 pp5th highest of 21
EV / EBITDA7.1×9.2×2nd cheapest of 8
Net debt / EBITDA1.9×-0.1×2nd most indebted of 8

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Apogee Enterprises APOGUnited States$956M+25%+3%9%13.6×-0.3%+2.7%
Guangzhou Guangri Stock 600894.SSChina$956M-20%+2%0%9.6×7.2%+1.4%
Quanex Building Products NXUnited States$949M+2%+1%6%10.7×6.0%+16.6%
Zhenjiang Dongfang Electric Heating Technology 300217.SZChina$944M-17%-23%0%26.6×22.5%+6.5%
Jiangsu Seagull Cooling Tower 603269.SSChina$943M+40%+8%11%38.4×n/an/a
Zehnder ZEHN.SWSwitzerland$983M+10%+2%8%17.5×2.5%+1.5%
Suzhou Huaya Intelligence Technology 003043.SZChina$990M-20%+2%11%78.3×27.6%+22.3%
Arrow Home 001322.SZChina$887M-14%-12%-2%280.0×15.8%-0.1%
Samhyun 437730.KSSouth Korea$860M-31%-18%-17%n/an/an/a
Solareast 603366.SSChina$1.07B+8%0%-2%n/a39.8%+2.9%
Center International 603098.SSChina$847M-26%-30%4%n/an/an/a
Arctech Solar 688408.SSChina$820M-38%-19%-1%34.8×n/an/a
Zhejiang Southeast Space Frame 002135.SZChina$764M-46%-4%2%25.7×-12.0%+0.3%
James Halstead JHD.LUnited Kingdom$762M+4%-1%18%15.1×-4.7%-0.5%
Takara standard 7981.TJapan$1.20B+2%+2%7%n/a-5.5%+5.7%
Nanjing Kangni Mechanical & Electrical 603111.SSChina$749M-16%-1%8%n/a-7.1%+4.8%
Yimikang Tech 300249.SZChina$739M-38%+29%2%77.5×n/an/a
NPK International NPKIUnited States$725M-42%+19%18%16.4×15.5%-10.9%
Preformed Line Products PLPCUnited States$1.28B-24%+16%10%18.8×10.2%+7.5%
ERA 002641.SZChina$690M-11%-2%0%42.0×-1.8%-2.5%
IFE Elevators 002774.SZChina$677M+10%+3%2%n/a30.1%+9.3%

Apogee Enterprises backlog

Apogee Enterprises reported $835M of remaining performance obligations at 29 Aug 2026, down 10% from a year earlier and up 13% from the previous quarter. That is 0.6 years of trailing revenue already under contract. Book-to-bill last quarter: 1.25.

Questions

Which companies are Apogee Enterprises's closest peers?
The cockpit's peer set: Guangzhou Guangri Stock (600894.SS), Quanex Building Products (NX), Zhenjiang Dongfang Electric Heating Technology (300217.SZ), Jiangsu Seagull Cooling Tower (603269.SS), Zehnder (ZEHN.SW), Suzhou Huaya Intelligence Technology (003043.SZ), Arrow Home (001322.SZ), Samhyun (437730.KS).
Is Apogee Enterprises expensive compared with its peers?
On forward p/e it trades at 13.6× against a peer median of 26.2×, 3rd cheapest of 15 in its peer set. For today's price to make sense, revenue must grow about 0% a year for seven years (Req g). Recent delivered growth is +3%, so the hurdle is -3 pp: the price already allows for a slowdown.
How has Apogee Enterprises stock performed?
Over six months to 6 Nov 2026 the shares returned +24.9% against -16.6% for the median peer; over one year +29.1%.
What is Apogee Enterprises's backlog?
Apogee Enterprises's remaining performance obligations (contracted revenue not yet recognised) were $835M at 29 Aug 2026, -10% on a year earlier.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.