Apogee Enterprises (APOG) Financials

Apogee Enterprises Inc (APOG) is a leading provider of glass solutions for commercial buildings, with a focus on architectural glass and framing systems. The company operates in two segments: Architectural Glass and Architectural Services. The Architectural Glass segment manufactures and fabricates glass products, such as coated and reflective glass, for use in commercial buildings. The Architectural Services segment provides installation and renovation services for glass products. Apogee's customers include architects, building owners, and contractors. The company has a strong track record of delivering high-quality products and services, which has helped it establish a leadership position in the market.

In terms of financial performance, Apogee has been consistently generating strong revenue and profitability. According to the company's income statement, Apogee's total revenue for the most recent fiscal year was $1.4 billion. The company's gross profit for the same period was $388 million. After deducting operating expenses, such as sales and administrative expenses, Apogee's earnings before interest and taxes (EBIT) were $134 million. Additionally, the company's net income from stockholders was $89 million.

Apogee's balance sheet reflects a strong financial position. The company has total assets of $1.5 billion, including cash equivalents of $43 million. Apogee also has a solid equity base, as indicated by its stockholders' equity of $811 million. The company's total debt stands at $349 million, resulting in a net debt of $306 million. Apogee's total liabilities, including both short-term and long-term liabilities, amount to $689 million.

In terms of cash flow, Apogee has been generating positive operating cash flow, which indicates the company's ability to generate cash from its core operations. According to the company's cash flow statement, Apogee's operating cash flow for the most recent fiscal year was $118 million. The company has also been investing in its business, as indicated by its investing cash flow of $65 million. This includes capital expenditures for expanding manufacturing facilities and acquisitions of strategic assets. Apogee has been able to finance its operations and investments through a combination of operating cash flow and financing cash flow, which mainly consists of borrowings and repayments of debt. The company's financing cash flow for the most recent fiscal year was $38 million.

Overall, Apogee Enterprises Inc (APOG) has a strong financial position and has been delivering solid financial performance. The company's focus on providing high-quality glass solutions for commercial buildings has helped it establish a leadership position in the market. Apogee's strong revenue and profitability, along with its positive cash flow, reflect the company's ability to generate value for its stakeholders.