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Apogee Enterprises Inc

apog.com

Apogee Enterprises (NASDAQ: APOG) is an architectural products company that manufactures glass, framing, and surface products for commercial and institutional buildings. Revenue is generated through project-based and transactional sales of architectural glass systems, thermal framing systems, and performance surface coatings to the non-residential construction market. The company operates across two primary segments, with architectural products sold through direct project channels and performance surfaces distributed through national and regional retailers, specialty dealers, and third-party distributors. As of February 28, 2026, Apogee employed approximately 4,100 people, down from 4,500 on March 1, 2025. The company pays a dividend, with FY2026 total dividends of $1.05 per share. Donald A. Nolan serves as Executive Chair, President and CEO as of October 2025, and Mark R. Augdahl serves as CFO as of January 2026. The senior unsecured credit facility totals $700 million with a maturity date of July 19, 2029.

Products & Services

High-performance thermal framing systems, energy-efficient architectural glass, performance surface coatings for flooring, furniture, cabinetry, and industrial applications. Products are made primarily from glass and aluminum, which are recyclable. Framing products can be specified with recycled aluminum content.

Revenue Model

Project-based and transactional product sales. Architectural products are sold on a contract basis tied to construction projects, with $267.5 million of backlog bonded by performance bonds as of February 28, 2026. Performance surface coatings are sold through direct sales and third-party distribution channels including national retailers, specialty dealers, and independent representatives.

Customers & Markets

Commercial, institutional, and specialty non-residential construction end markets. Customers include architects, building owners, general contractors, national and regional retailers, specialty dealers, and distributors. Demand is driven by construction activity, renovation cycles, and capital spending trends.

Geographic Exposure

Primarily North America. Performance surfaces segment also sells outside North America, with international sales occurring primarily in Europe and Asia. Canadian dollar borrowing capacity of $25 million USD is included in the revolving credit facility as of July 19, 2024.

Financial Snapshot

Revenue
TTM
$1.401B
Gross Margin
TTM
22.88%
Net Income
TTM
$68.35M
Current Assets
2026 Q2
Current Liabilities
2026 Q2
Current Ratio
2026 Q2
175.96%
Total Assets
2026 Q2
Total Liabilities
2026 Q2
$527.2M
Book Value
2026 Q2
$574.2M
Cash
2026 Q2
P/E
TTM
11.85
Free Cash Flow
TTM
$123.2M

Stock Price

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Market Cap: $810.11 Million

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