Apogee Enterprises Inc (APOG)
Operating profit margin
| Mar 2, 2024 | Nov 25, 2023 | Aug 26, 2023 | May 27, 2023 | Feb 25, 2023 | Nov 26, 2022 | Aug 27, 2022 | May 28, 2022 | Feb 26, 2022 | Nov 27, 2021 | Aug 28, 2021 | May 29, 2021 | Feb 27, 2021 | Nov 28, 2020 | Aug 29, 2020 | May 30, 2020 | Feb 29, 2020 | Nov 30, 2019 | Aug 31, 2019 | Jun 1, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 133,833 | 137,706 | 134,820 | 126,339 | 125,788 | 91,410 | 74,359 | 39,219 | 22,045 | -23,222 | 8,818 | 35,101 | 25,528 | 95,072 | 66,916 | 71,277 | 87,849 | 57,433 | 67,247 | 68,331 |
| Revenue (ttm) | US$ in thousands | 2,547,564 | 2,501,973 | 2,557,103 | 2,594,503 | 2,585,810 | 2,517,893 | 2,118,478 | 1,700,683 | 1,312,727 | 1,276,688 | 1,255,080 | 1,248,514 | 1,210,378 | 1,253,972 | 1,279,807 | 1,318,706 | 1,387,439 | 1,396,594 | 1,416,396 | 1,421,471 |
| Operating profit margin | 5.25% | 5.50% | 5.27% | 4.87% | 4.86% | 3.63% | 3.51% | 2.31% | 1.68% | -1.82% | 0.70% | 2.81% | 2.11% | 7.58% | 5.23% | 5.41% | 6.33% | 4.11% | 4.75% | 4.81% |
March 2, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $133,833K ÷ $2,547,564K
= 5.25%
The operating profit margin of Apogee Enterprises Inc has shown some fluctuations over the past several quarters. From June 1, 2019, to March 2, 2024, the operating profit margin has ranged from a low of -1.82% to a high of 7.58%. It is notable that the operating profit margin has generally been positive, indicating that the company is generating profits from its core operations.
In the most recent quarter, ending on March 2, 2024, the operating profit margin was 5.25%, which represents a slight decrease from the previous quarter's margin of 5.50%. This suggests that there may have been some challenges or costs impacting the company's profitability in that particular period.
Overall, the trend in the operating profit margin of Apogee Enterprises Inc shows some variability, but the company has been able to maintain positive operating margins for the majority of the observed quarters. It will be important for the company to continue monitoring and managing its costs and operational efficiency to sustain and potentially improve its operating profit margin in the future.