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Apogee Enterprises APOG Effective Income Tax Rate Reconciliation Tax Credits Research

Effective Income Tax Rate Reconciliation Tax Credits Research at other companies

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Mayville EngineeringMEC
-17.4%-19.7pp

Other financials

Income statement

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Revenue$351.4M+1.6%
Gross profit$78.7M+5.6%
Operating income$25.8M+320%
Net income$16.6M+569%
EPS (diluted)$0.78+500%

Balance sheet

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Cash & equivalents$39.5M-4.6%
Total debt$286.4M-18.6%
Total equity$511.8M+4.9%
Total assets$1.1B-4.5%

Cash flow

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Operating cash flow$55.8M+85.9%
CapEx$9.0M-17.5%
Free cash flow$46.9M+145%

Valuation

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Market cap$895.89M+8.9%
Enterprise value$1.14B+0.8%
P/E16.6×+6.9×
P/S0.6×0.0×

Profitability

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Gross margin22.7%-3.7pp
Operating margin6%-2.7pp
Net margin3.9%-2.4pp
FCF margin6.8%+0.2pp

Returns & leverage

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Return on equity10.8%-6.9pp
Debt / equity0.6×-0.2×
Current ratio1.6×+0.1×

Where this comes from

Reported directly by Apogee Enterprises in its filing.

Tagged under the XBRL concept us-gaap:EffectiveIncomeTaxRateReconciliationTaxCreditsResearch.

The official record: Apogee Enterprises’s 10-K, filed April 24, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Apogee Enterprises's effective income tax rate reconciliation tax credits research?
Apogee Enterprises (APOG) reported effective income tax rate reconciliation tax credits research of 1.5% in Q1 2025.
What does effective income tax rate reconciliation tax credits research mean?
Represents the impact of research and development tax credits on the company's effective income tax rate. This metric highlights the extent to which the company leverages government incentives to lower its overall tax burden through innovation investments.