Apogee Enterprises Inc (APOG)
Gross profit margin
| Feb 28, 2025 | Nov 30, 2024 | Aug 31, 2024 | May 31, 2024 | Mar 2, 2024 | Feb 29, 2024 | Nov 30, 2023 | Nov 25, 2023 | Aug 31, 2023 | Aug 26, 2023 | May 31, 2023 | May 27, 2023 | Feb 28, 2023 | Feb 25, 2023 | Nov 30, 2022 | Nov 26, 2022 | Aug 31, 2022 | Aug 27, 2022 | May 31, 2022 | May 28, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 359,893 | 373,791 | 373,108 | 366,092 | 357,542 | 364,447 | 371,352 | 374,033 | 376,714 | 359,455 | 342,196 | 335,818 | 329,440 | 336,264 | 343,088 | 342,097 | 341,106 | 349,938 | 358,770 | 337,833 |
| Revenue (ttm) | US$ in thousands | 1,360,994 | 1,458,353 | 1,478,849 | 1,476,123 | 1,822,581 | 1,733,203 | 2,076,483 | 2,098,482 | 2,141,925 | 2,132,355 | 1,824,697 | 1,830,831 | 1,842,518 | 1,870,522 | 2,215,580 | 2,204,368 | 2,183,988 | 2,139,836 | 1,726,861 | 1,704,443 |
| Gross profit margin | 26.44% | 25.63% | 25.23% | 24.80% | 19.62% | 21.03% | 17.88% | 17.82% | 17.59% | 16.86% | 18.75% | 18.34% | 17.88% | 17.98% | 15.49% | 15.52% | 15.62% | 16.35% | 20.78% | 19.82% |
February 28, 2025 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $359,893K ÷ $1,360,994K
= 26.44%
Apogee Enterprises Inc's gross profit margin has shown fluctuations over the period of time represented in the data. The margin started at 19.82% on May 28, 2022, and saw some ups and downs before reaching its peak at 26.44% on February 28, 2025.
The trend indicates that the company has managed to improve its gross profit margin over the years, with significant increases observed in the latter part of the period. This suggests effective cost management, pricing strategies, and possibly economies of scale.
On the other hand, the fluctuations in the margin also indicate potential challenges or volatility in factors affecting the company's cost of goods sold and revenue generation. It would be important for Apogee Enterprises Inc to continue monitoring and optimizing its gross profit margin to ensure sustainable profitability and financial health.
Overall, the improving trend in the gross profit margin signals positive developments within the company, but the management should remain attentive to factors influencing profitability in the future.