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Apogee Enterprises (Apogee Enterprises) Operating Margin % : 11.08% (As of Nov. 2023)


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What is Apogee Enterprises Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Apogee Enterprises's Operating Income for the three months ended in Nov. 2023 was $38 Mil. Apogee Enterprises's Revenue for the three months ended in Nov. 2023 was $340 Mil. Therefore, Apogee Enterprises's Operating Margin % for the quarter that ended in Nov. 2023 was 11.08%.

Good Sign:

Apogee Enterprises Inc operating margin is expanding. Margin expansion is usually a good sign.

The historical rank and industry rank for Apogee Enterprises's Operating Margin % or its related term are showing as below:

APOG' s Operating Margin % Range Over the Past 10 Years
Min: 5.02   Med: 7.29   Max: 10.97
Current: 9.84


APOG's Operating Margin % is ranked better than
73.37% of 1652 companies
in the Construction industry
Industry Median: 5.215 vs APOG: 9.84

Apogee Enterprises's 5-Year Average Operating Margin % Growth Rate was 1.50% per year.

Apogee Enterprises's Operating Income for the three months ended in Nov. 2023 was $38 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Nov. 2023 was $138 Mil.


Apogee Enterprises Operating Margin % Historical Data

The historical data trend for Apogee Enterprises's Operating Margin % 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.

* Premium members only.

Apogee Enterprises Operating Margin % Chart

Apogee Enterprises Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.02 6.33 7.77 5.44 8.73

Apogee Enterprises Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
Operating Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.45 7.48 9.34 11.47 11.08

Competitive Comparison of Apogee Enterprises's Operating Margin %

For the Building Products & Equipment subindustry, Apogee Enterprises's Operating Margin %, along with its competitors' market caps and Operating Margin % 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's Operating Margin % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Apogee Enterprises's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Apogee Enterprises's Operating Margin % falls into.



Apogee Enterprises Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Apogee Enterprises's Operating Margin % for the fiscal year that ended in Feb. 2023 is calculated as

Operating Margin %=Operating Income (A: Feb. 2023 ) / Revenue (A: Feb. 2023 )
=125.788 / 1440.696
=8.73 %

Apogee Enterprises's Operating Margin % for the quarter that ended in Nov. 2023 is calculated as

Operating Margin %=Operating Income (Q: Nov. 2023 ) / Revenue (Q: Nov. 2023 )
=37.647 / 339.714
=11.08 %

* 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  (NAS:APOG) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Apogee Enterprises Operating Margin % Related Terms

Thank you for viewing the detailed overview of Apogee Enterprises's Operating Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Apogee Enterprises (Apogee Enterprises) Business Description

Traded in Other Exchanges
Address
4400 West 78th Street, Suite 520, Minneapolis, MN, USA, 55435
Apogee Enterprises Inc is a manufacturer of architectural glass and metal glass framings. The company also provides building glass installation services. Its four main business segments are Architectural Framing Systems; Architectural Glass; Architectural Services and Large-Scale Optical Technologies (LSO). It generates maximum revenue from the Architectural Framing Systems segment. The Architectural Framing Systems segment designs, engineers, fabricates and finishes the aluminum frames used in customized aluminum and glass window, curtainwall, storefront and entrance systems comprising the outside skin and entrances of commercial, institutional and high-end multi-family residential buildings. Geographically, it derives a majority of revenue from the United States.
Executives
Curtis John Dobler officer: SVP & CHRO 4400 WEST 78TH STREET, SUITE 520, MINNEAPOLIS MN 55435
Jane Marie Boyce officer: President, Large Scale Optical 4400 W 78TH STREET, SUITE 520, MINNEAPOLIS MN 55435
Brent C Jewell officer: Sr VP Business Dev & Strategy 4400 WEST 78TH STREET, SUITE 520, MINNEAPOLIS MN 55435
Meghan Marie Elliott officer: Vice Pres, Gen Counsel, Secy C/O APOGEE ENTERPRISES, INC., 4400 WEST 78TH STREET, SUITE 520, MINNEAPOLIS MN 55435
Matthew J Osberg officer: EVP and CFO 1 HELEN OF TROY PLAZA, EL PASO TX 79912
Gary R Johnson officer: Treasurer & Vice President
Mark Richard Augdahl officer: VP, Finance & Corp Controller 4400 WEST 78TH STREET, SUITE 520, MINNEAPOLIS MN 55435
Herbert K Parker director 38505 WOODWARD AVENUE, SUITE 200, BLOOMFIELD HILLS MI 48304
Troy R Johnson officer: Pres, Architectural Services C/O APOGEE ENTERPRISES, INC., 4400 WEST 78TH STREET, SUITE 520, MINNEAPOLIS MN 55435
Nicholas Charles Longman officer: Pres, Architectural Glass C/O APOGEE ENTERPRISES, INC., 4400 WEST 78TH STREET, SUITE 520, MINNEAPOLIS MN 55435
Ty R Silberhorn director, officer: Chief Executive Officer & Pres 3M COMPANY OFFICE OF GENERAL COUNSEL, 3M CENTER, ST PAUL MN 55144-1000
Bernard P Aldrich director 7725 WASHINGTON AVENUE SOUTH, MINNEAPOLIS MN 55439
Joseph F. Puishys director, officer: Chief Executive Officer & Pres 4400 WEST 78TH STREET, SUITE 520, MINNEAPOLIS MN 55435
Maureen Ann Hayes officer: Chief Information Officer 4400 WEST 78TH STREET, SUITE 520, MINNEAPOLIS MN 55435
Nisheet Gupta officer: EVP and CFO C/O APOGEE ENTERPRISES, INC., 4400 WEST 78TH STREET, SUITE 520, MINNEAPOLIS MN 55435