Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Apogee EnterprisesAPOG -0.05%73 Debt-to-Equity is 0.56 as of May. 2026, which is 17% above its 10-year median of 0.48. GuruFocus rates APOG with a GF Score™ of 73/100 and a GF Value™ of $48.78 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,618 Construction companies, Apogee Enterprises ranks worse than 59.64% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Apogee Enterprises's Debt-to-Equity or its related term are showing as below:
APOG'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05 Med: 0.48 Max: 0.95
Current: 0.56
During the past 13 years, the highest Debt-to-Equity Ratio of Apogee Enterprises was 0.95. The lowest was 0.05. And the median was 0.48.
APOG's Debt-to-Equity is ranked worse than 59.64% of 1618
companies
in the Construction industry
Industry Median: 0.4
vs APOG: 0.56
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Apogee Enterprises Debt-to-Equity Related Terms
Apogee Enterprises Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Apogee Enterprises's Debt-to-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Building Products & Equipment subindustry, Apogee Enterprises's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Apogee Enterprises Debt-to-Equity vs Construction Industry
For the Construction industry and Industrials sector, Apogee Enterprises's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Apogee Enterprises's Debt-to-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Apogee Enterprises (APOG) has a Debt-to-Equity of 0.56 as of May. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Apogee Enterprises and its competitors. This is 17% above median its historical median of 0.48. Over the past decade, Apogee Enterprises' Debt-to-Equity has ranged from 0.05 to 0.95. According to the industry distribution chart, Apogee Enterprises ranks #965 out of 1618 companies in the Construction industry, placing it in the top 59.6%.
Is Apogee Enterprises' Debt-to-Equity too high?
Apogee Enterprises' current Debt-to-Equity of 0.56 is 17% above median its 10-year median of 0.48. Over the past 10 years, this metric has ranged from a low of 0.05 to a high of 0.95. The Construction industry median Debt-to-Equity is 0.40. Apogee Enterprises' value of 0.56 is 40% above this industry median. Based on the distribution chart, Apogee Enterprises ranks #965 out of 1618 companies in the Construction industry, which is below the industry midpoint. Overall, Apogee Enterprises has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Apogee Enterprises' Debt-to-Equity compare to NX and LMB?
According to the Construction industry distribution chart, Apogee Enterprises ranks #965 out of 1618 companies for Debt-to-Equity. This places Apogee Enterprises in the lower half of its industry. The industry median Debt-to-Equity is 0.40. Apogee Enterprises' value of 0.56 is 40% above this benchmark. Historically, Apogee Enterprises' own Debt-to-Equity has ranged from 0.05 to 0.95 over the past decade. While the company's 10-year median is 0.48 vs. the industry median of 0.40, Apogee Enterprises has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Construction company?
The median Debt-to-Equity among Construction companies is 0.40, based on 1,618 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Apogee Enterprises's current Debt-to-Equity of 0.56 is 40% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Apogee Enterprises and its competitors. For the Construction industry, the median Debt-to-Equity is 0.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Apogee Enterprises's current Debt-to-Equity is 0.56, which is 17% above median its own 10-year median of 0.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apogee Enterprises stock overvalued right now?
Based on GuruFocus' analysis, Apogee Enterprises (APOG) is currently considered Modestly Undervalued. The stock's GF Value™ is $48.78, compared to a current price of $42.63 — trading 12.6% below its estimated fair value. The current Debt-to-Equity is 0.56, which is 17% above median its 10-year median of 0.48 and 40% above the Construction industry median of 0.40. Apogee Enterprises' overall GF Score™ is 73/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Apogee Enterprises (APOG), the current Debt-to-Equity is 0.56 as of May. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Apogee Enterprises (APOG) Overvalued in 2026?
Based on GuruFocus' analysis, Apogee Enterprises stock appears to be undervalued.
The current stock price of $42.63 is trading 12.6% below its estimated GF Value™ of $48.78.
GuruFocus considers Apogee Enterprises to be Modestly Undervalued.
Key valuation signals for APOG:
Debt-to-Equity: 0.56 (17% above median its 10-year median of 0.48)
GF Value™: $48.78 vs. price of $42.63 (12.6% below fair value)
Industry Position: 40% above the Construction median (#965 of 1618)
No single metric tells the full story. See the APOG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Apogee Enterprises Inc is a provider of architectural products and services for enclosing buildings, and high-performance glass and acrylic products used in applications for preservation, protection, and enhanced viewing. The company's operating segment consists of the Architectural Metals Segment, Architectural Services Segment, Architectural Glass Segment, and Performance Surfaces Segment. The company generates the majority of its revenue from the Architectural Metals Segment, which designs, engineers, fabricates, and finishes aluminum window, curtainwall, storefront, and entrance systems used principally in non-residential construction. The company geographically operates in the United States, Canada, and Brazil, with the majority revenue generated from the United States.
73GF Score
Get the complete analysis for APOG
Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
APOG has been successfully added to your 
