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Side-by-side financial comparison of APOGEE ENTERPRISES, INC. (APOG) and Douglas Emmett Inc (DEI). Click either name above to swap in a different company.
APOGEE ENTERPRISES, INC. is the larger business by last-quarter revenue ($351.4M vs $249.4M, roughly 1.4× Douglas Emmett Inc). APOGEE ENTERPRISES, INC. runs the higher net margin — 4.7% vs -2.7%, a 7.5% gap on every dollar of revenue. On growth, Douglas Emmett Inc posted the faster year-over-year revenue change (1.8% vs 1.6%). Over the past eight quarters, APOGEE ENTERPRISES, INC.'s revenue compounded faster (2.9% CAGR vs 0.9%).
Apogee Electronics is an American manufacturer of audio interfaces, analog-to-digital and digital-to-analog converters, USB & iOS microphones, and audio production software.
Douglas Emmett Inc is a leading real estate investment trust (REIT) that owns, operates, and acquires high-quality office and multifamily residential properties. Its core operation areas are high-barrier-to-entry markets including Los Angeles in California and Honolulu in Hawaii, serving premium commercial and residential tenant segments.
APOG vs DEI — Head-to-Head
Income Statement — Q4 FY2026 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $351.4M | $249.4M |
| Net Profit | $16.6M | $-6.8M |
| Gross Margin | 22.4% | 62.2% |
| Operating Margin | 7.3% | — |
| Net Margin | 4.7% | -2.7% |
| Revenue YoY | 1.6% | 1.8% |
| Net Profit YoY | 568.8% | -670.7% |
| EPS (diluted) | $0.78 | $-0.04 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $351.4M | — | ||
| Q4 25 | $348.6M | $249.4M | ||
| Q3 25 | $358.2M | $250.6M | ||
| Q2 25 | $346.6M | $252.4M | ||
| Q1 25 | $345.7M | $251.5M | ||
| Q4 24 | $341.3M | $245.0M | ||
| Q3 24 | $342.4M | $250.8M | ||
| Q2 24 | $331.5M | $245.8M |
| Q1 26 | $16.6M | — | ||
| Q4 25 | $16.5M | $-6.8M | ||
| Q3 25 | $23.6M | $-10.9M | ||
| Q2 25 | $-2.7M | $-5.8M | ||
| Q1 25 | $2.5M | $39.8M | ||
| Q4 24 | $21.0M | $-888.0K | ||
| Q3 24 | $30.6M | $4.6M | ||
| Q2 24 | $31.0M | $10.9M |
| Q1 26 | 22.4% | — | ||
| Q4 25 | 23.8% | 62.2% | ||
| Q3 25 | 23.1% | 63.6% | ||
| Q2 25 | 21.7% | 63.2% | ||
| Q1 25 | 21.6% | 64.4% | ||
| Q4 24 | 26.1% | 63.5% | ||
| Q3 24 | 28.4% | 62.2% | ||
| Q2 24 | 29.8% | 66.2% |
| Q1 26 | 7.3% | — | ||
| Q4 25 | 7.1% | — | ||
| Q3 25 | 7.5% | — | ||
| Q2 25 | 2.0% | — | ||
| Q1 25 | 1.8% | — | ||
| Q4 24 | 8.4% | — | ||
| Q3 24 | 12.3% | — | ||
| Q2 24 | 12.5% | — |
| Q1 26 | 4.7% | — | ||
| Q4 25 | 4.7% | -2.7% | ||
| Q3 25 | 6.6% | -4.3% | ||
| Q2 25 | -0.8% | -2.3% | ||
| Q1 25 | 0.7% | 15.8% | ||
| Q4 24 | 6.1% | -0.4% | ||
| Q3 24 | 8.9% | 1.8% | ||
| Q2 24 | 9.4% | 4.4% |
| Q1 26 | $0.78 | — | ||
| Q4 25 | $0.77 | $-0.04 | ||
| Q3 25 | $1.10 | $-0.07 | ||
| Q2 25 | $-0.13 | $-0.04 | ||
| Q1 25 | $0.12 | $0.24 | ||
| Q4 24 | $0.96 | $-0.01 | ||
| Q3 24 | $1.40 | $0.03 | ||
| Q2 24 | $1.41 | $0.06 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $39.5M | $340.8M |
| Total DebtLower is stronger | $232.3M | $5.5B |
| Stockholders' EquityBook value | $511.8M | $1.9B |
| Total Assets | $1.1B | $9.3B |
| Debt / EquityLower = less leverage | 0.45× | 2.91× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $39.5M | — | ||
| Q4 25 | $41.3M | $340.8M | ||
| Q3 25 | $39.5M | $408.5M | ||
| Q2 25 | $32.8M | $426.9M | ||
| Q1 25 | $41.4M | $525.7M | ||
| Q4 24 | $43.9M | $444.6M | ||
| Q3 24 | $51.0M | $544.2M | ||
| Q2 24 | $30.4M | $561.1M |
| Q1 26 | $232.3M | — | ||
| Q4 25 | — | $5.5B | ||
| Q3 25 | — | $5.6B | ||
| Q2 25 | — | $5.6B | ||
| Q1 25 | $285.0M | $5.6B | ||
| Q4 24 | — | $5.5B | ||
| Q3 24 | — | $5.5B | ||
| Q2 24 | — | $5.5B |
| Q1 26 | $511.8M | — | ||
| Q4 25 | $512.3M | $1.9B | ||
| Q3 25 | $500.2M | $1.9B | ||
| Q2 25 | $481.8M | $2.0B | ||
| Q1 25 | $487.9M | $2.0B | ||
| Q4 24 | $522.1M | $2.1B | ||
| Q3 24 | $506.4M | $2.1B | ||
| Q2 24 | $480.0M | $2.2B |
| Q1 26 | $1.1B | — | ||
| Q4 25 | $1.1B | $9.3B | ||
| Q3 25 | $1.2B | $9.4B | ||
| Q2 25 | $1.2B | $9.4B | ||
| Q1 25 | $1.2B | $9.6B | ||
| Q4 24 | $1.2B | $9.4B | ||
| Q3 24 | $917.1M | $9.5B | ||
| Q2 24 | $889.0M | $9.6B |
| Q1 26 | 0.45× | — | ||
| Q4 25 | — | 2.91× | ||
| Q3 25 | — | 2.85× | ||
| Q2 25 | — | 2.78× | ||
| Q1 25 | 0.58× | 2.75× | ||
| Q4 24 | — | 2.67× | ||
| Q3 24 | — | 2.64× | ||
| Q2 24 | — | 2.56× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | ||
|---|---|---|
| Operating Cash FlowLast quarter | $122.5M | $386.9M |
| Free Cash FlowOCF − Capex | — | $194.5M |
| FCF MarginFCF / Revenue | — | 78.0% |
| Capex IntensityCapex / Revenue | 7.8% | 77.1% |
| Cash ConversionOCF / Net Profit | 7.37× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $376.9M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $122.5M | — | ||
| Q4 25 | $29.3M | $386.9M | ||
| Q3 25 | $57.1M | $109.8M | ||
| Q2 25 | $-19.8M | $81.3M | ||
| Q1 25 | $30.0M | $132.6M | ||
| Q4 24 | $31.0M | $408.7M | ||
| Q3 24 | $58.7M | $103.7M | ||
| Q2 24 | $5.5M | $91.9M |
| Q1 26 | — | — | ||
| Q4 25 | $22.9M | $194.5M | ||
| Q3 25 | $52.4M | $61.9M | ||
| Q2 25 | $-26.9M | $30.2M | ||
| Q1 25 | $19.1M | $90.3M | ||
| Q4 24 | $22.0M | $241.4M | ||
| Q3 24 | $50.2M | $63.2M | ||
| Q2 24 | $-1.8M | $52.2M |
| Q1 26 | — | — | ||
| Q4 25 | 6.6% | 78.0% | ||
| Q3 25 | 14.6% | 24.7% | ||
| Q2 25 | -7.8% | 11.9% | ||
| Q1 25 | 5.5% | 35.9% | ||
| Q4 24 | 6.4% | 98.5% | ||
| Q3 24 | 14.7% | 25.2% | ||
| Q2 24 | -0.5% | 21.2% |
| Q1 26 | 7.8% | — | ||
| Q4 25 | 1.9% | 77.1% | ||
| Q3 25 | 1.3% | 19.1% | ||
| Q2 25 | 2.1% | 20.3% | ||
| Q1 25 | 3.2% | 16.8% | ||
| Q4 24 | 2.6% | 68.3% | ||
| Q3 24 | 2.5% | 16.1% | ||
| Q2 24 | 2.2% | 16.1% |
| Q1 26 | 7.37× | — | ||
| Q4 25 | 1.77× | — | ||
| Q3 25 | 2.41× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 12.08× | 3.33× | ||
| Q4 24 | 1.48× | — | ||
| Q3 24 | 1.92× | 22.46× | ||
| Q2 24 | 0.18× | 8.44× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
APOG
| Architectural Services | $127.1M | 36% |
| Architectural Metals | $110.0M | 31% |
| Architectural Glass | $67.4M | 19% |
| Performance Surfaces | $54.3M | 15% |
DEI
| Rental Revenue And Tenant Recovery Revenue | $169.4M | 68% |
| Multifamily Segment | $49.9M | 20% |
| Parking Revenue And Other Income | $30.2M | 12% |