Apogee Enterprises Inc (APOG)
Return on equity (ROE)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 85,052 | 98,302 | 93,049 | 89,457 | 85,420 | 103,011 | 120,602 | 117,204 | 113,806 | 100,701 | 87,596 | 87,785 | 87,974 | 105,141 | 122,308 | 121,274 | 120,240 | 66,578 | 12,916 | 1,242 |
| Total stockholders’ equity | US$ in thousands | 487,898 | 522,069 | 506,422 | 479,955 | 471,025 | 471,025 | 455,731 | 455,731 | 432,318 | 432,318 | 410,206 | 410,206 | 396,408 | 396,408 | 377,638 | 377,638 | 356,740 | 356,740 | 327,290 | 327,290 |
| ROE | 17.43% | 18.83% | 18.37% | 18.64% | 18.13% | 21.87% | 26.46% | 25.72% | 26.32% | 23.29% | 21.35% | 21.40% | 22.19% | 26.52% | 32.39% | 32.11% | 33.71% | 18.66% | 3.95% | 0.38% |
February 28, 2025 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $85,052K ÷ $487,898K
= 17.43%
Apogee Enterprises Inc's return on equity (ROE) has shown fluctuations over the periods provided. The ROE was quite low at 0.38% on May 28, 2022, but it increased significantly to 33.71% on August 31, 2022. Thereafter, the ROE remained at relatively high levels, ranging from 21.35% to 26.52% until February 28, 2023.
Subsequently, there was a slight downward trend in ROE, with a decrease to 18.13% on March 2, 2024. However, the ROE recovered in the following periods to around 18% to 26%, indicating stability in the company's equity returns.
Overall, Apogee Enterprises Inc's ROE performance demonstrates some variability, but it has generally maintained a solid return on equity, reflecting the company's efficient utilization of shareholder equity to generate profits. It is important for investors and stakeholders to continue monitoring the company's ROE to assess its financial performance and efficiency in generating returns for shareholders.