Apogee Enterprises Inc (APOG)
Profitability ratios
Return on sales
| Mar 2, 2024 | Feb 25, 2023 | Feb 26, 2022 | Feb 27, 2021 | Feb 29, 2020 | |
|---|---|---|---|---|---|
| Gross profit margin | 25.91% | 23.27% | 20.86% | 22.40% | 22.99% |
| Operating profit margin | 9.45% | 8.73% | 1.68% | 2.07% | 6.33% |
| Pretax margin | 9.12% | 8.09% | 1.06% | 1.84% | 5.75% |
| Net profit margin | 7.03% | 7.23% | 0.27% | 1.25% | 4.46% |
Apogee Enterprises Inc's profitability ratios have shown varying trends over the past five years. The gross profit margin has generally improved from 20.86% in FY 2022 to 25.91% in FY 2024, indicating the company has been more effective in managing its production costs and generating profits from its core operations.
The operating profit margin has also seen an upward trend, increasing from 1.68% in FY 2022 to 9.45% in FY 2024. This suggests that Apogee has been able to enhance its operational efficiency and control its operating expenses more effectively in recent years.
Similarly, the pretax margin has witnessed growth, rising from 1.06% in FY 2022 to 9.12% in FY 2024. This improvement indicates that the company has been able to increase its profitability before accounting for taxes through better cost management and revenue generation strategies.
The net profit margin has also shown improvement, increasing from 0.27% in FY 2022 to 7.03% in FY 2024. This suggests that Apogee has been successful in managing its overall expenses, including interest and taxes, to enhance its bottom-line profitability.
Overall, the increasing trends in Apogee's profitability ratios demonstrate the company's efforts to boost its profitability and efficiency in recent years. However, further analysis of the underlying factors driving these improvements would be necessary to fully understand the company's financial performance.
Return on investment
| Mar 2, 2024 | Feb 25, 2023 | Feb 26, 2022 | Feb 27, 2021 | Feb 29, 2020 | |
|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 15.14% | 13.74% | 2.48% | 2.51% | 7.78% |
| Return on assets (ROA) | 11.27% | 11.37% | 0.39% | 1.52% | 5.48% |
| Return on total capital | 25.75% | 22.08% | 3.36% | 4.30% | 12.20% |
| Return on equity (ROE) | 21.15% | 26.26% | 0.90% | 3.13% | 11.98% |
Apogee Enterprises Inc's profitability ratios exhibit varying trends over the past five years.
1. Operating return on assets (Operating ROA) has shown an increase from 7.78% in FY2020 to 15.14% in FY2024, indicating that the company is generating more operating income from its assets over time.
2. Return on assets (ROA) has fluctuated, with a noticeable increase from 1.52% in FY2021 to 11.27% in FY2024. This suggests that the company has been improving its ability to generate profits relative to its total assets.
3. Return on total capital has shown significant improvement, rising from 12.20% in FY2020 to 25.75% in FY2024. This indicates that Apogee Enterprises Inc is efficiently using both equity and debt capital to generate profits.
4. Return on equity (ROE) has also displayed variability, with the most recent figure of 21.15% in FY2024 being lower than the peak of 26.26% in FY2023. Despite this, the ROE remains at a healthy level, demonstrating that the company is effectively utilizing shareholder equity to generate returns.
Overall, the upward trend in Operating ROA and Return on total capital, along with the improvement in ROA, reflects positively on Apogee Enterprises Inc's profitability and efficiency in utilizing its assets and capital. However, the fluctuating nature of ROE suggests the need for continued monitoring to ensure sustained profitability and returns for shareholders.