What is Apogee Enterprises's performance surfaces — goodwill?

Apogee Enterprises (APOG) reported performance surfaces — goodwill of $118.38M in Q1 2026.

What does performance surfaces — goodwill mean?

Represents the intangible asset value recorded when the Performance Surfaces segment acquires another business for a price exceeding the fair market value of its net identifiable assets. It reflects the premium paid for brand reputation, customer relationships, and intellectual property within this specific business unit. Monitoring this balance is essential for assessing potential impairment risks associated with segment-level acquisitions.

Apogee Enterprises (APOG) Performance Surfaces — Goodwill

Screener

Other segment segments

Architectural Metals

$90.09M+0.8%

Similar metrics at other companies

NPOAdvanced Surface Technologies — Goodwill

$532.2M0.0%

CBTPerformance Chemicals — Goodwill

$86M+4.9%

MTRNPerformance Materials — Goodwill

$26.16M0.0%

IOSPPerformance Chemicals — Goodwill

$144.5M+11.1%

CLMTPerformance Brands — Goodwill

$91.2M-26.3%

KOPPerformance Chemicals — Goodwill

$172.6M-0.3%

Other financials

Income statement

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Revenue$342.7M-1.1%

Gross profit$75.0M-0.1%

Operating income$18.8M+172%

Net income$11.5M+529%

EPS (diluted)$0.54+515%

Balance sheet

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Cash & equivalents$26.4M-19.5%

Total debt$287.9M-23.3%

Total equity$512.0M+6.3%

Total assets$1.1B-4.8%

Cash flow

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Operating cash flow$7.4M+138%

CapEx$6.3M-12.3%

Free cash flow$1.1M+104%

Valuation

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Market cap$908.19M+2.6%

Enterprise value$1.17B-4.7%

P/E13.3×-4.0×

P/S0.7×0.0×

Profitability

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Gross margin22.8%-1.6pp

Operating margin6.9%+0.8pp

Net margin4.9%+1.1pp

FCF margin8.8%+4.1pp

Returns & leverage

See full

Return on equity13.8%+3.1pp

Debt / equity0.6×-0.2×

Current ratio1.8×0.0×

Where this comes from

Reported directly by Apogee Enterprises in its filing.

Tagged under the XBRL concept us-gaap:Goodwill.

The source filing: Apogee Enterprises’s 10-K, filed April 24, 2026.

Filed: Apr 24, 2026, 1:21 PM EDT
Fiscal year: FY2026
Accession: 0000006845-26-000023

(In thousands)	Architectural Metals	Architectural Services	Architectural Glass	Performance Surfaces	Total
Balance at March 2, 2024	$90,186	$3,038	$25,401	$10,557	$129,182
Foreign currency translation	(852)	(117)	(264)	—	(1,233)
Goodwill acquired	—	—	—	107,826	107,826
Balance at March 1, 2025	89,334	2,921	25,137	118,383	235,775
Foreign currency translation	754	103	112	—	969
Balance at February 28, 2026	$90,088	$3,024	$25,249	$118,383	$236,744

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is Apogee Enterprises's performance surfaces — goodwill?: Apogee Enterprises (APOG) reported performance surfaces — goodwill of $118.38M in Q1 2026.
What does performance surfaces — goodwill mean?: Represents the intangible asset value recorded when the Performance Surfaces segment acquires another business for a price exceeding the fair market value of its net identifiable assets. It reflects the premium paid for brand reputation, customer relationships, and intellectual property within this specific business unit. Monitoring this balance is essential for assessing potential impairment risks associated with segment-level acquisitions.