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Side-by-side financial comparison of APOGEE ENTERPRISES, INC. (APOG) and Enhabit, Inc. (EHAB). Click either name above to swap in a different company.
APOGEE ENTERPRISES, INC. is the larger business by last-quarter revenue ($351.4M vs $270.4M, roughly 1.3× Enhabit, Inc.). APOGEE ENTERPRISES, INC. runs the higher net margin — 4.7% vs -14.3%, a 19.0% gap on every dollar of revenue. On growth, Enhabit, Inc. posted the faster year-over-year revenue change (4.7% vs 1.6%). Over the past eight quarters, APOGEE ENTERPRISES, INC.'s revenue compounded faster (2.9% CAGR vs 1.5%).
Apogee Electronics is an American manufacturer of audio interfaces, analog-to-digital and digital-to-analog converters, USB & iOS microphones, and audio production software.
Enhabit, Inc., is a Dallas, Texas-based provider of home health and hospice services. The company operates 255 home health and 110 hospice locations in 34 states with a concentration in Texas, Alabama, Florida, Georgia, Oklahoma and Mississippi. Enhabit is the fourth-largest provider of home health services in the United States and is a leading provider of hospice services. The company was formed in 2022 when Encompass Health spun off its home health and hospice business.
APOG vs EHAB — Head-to-Head
Income Statement — Q4 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $351.4M | $270.4M |
| Net Profit | $16.6M | $-38.7M |
| Gross Margin | 22.4% | — |
| Operating Margin | 7.3% | -12.3% |
| Net Margin | 4.7% | -14.3% |
| Revenue YoY | 1.6% | 4.7% |
| Net Profit YoY | 568.8% | 15.9% |
| EPS (diluted) | $0.78 | $-0.76 |
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 | $270.4M | ||
| Q3 25 | $358.2M | $263.6M | ||
| Q2 25 | $346.6M | $266.1M | ||
| Q1 25 | $345.7M | $259.9M | ||
| Q4 24 | $341.3M | $258.2M | ||
| Q3 24 | $342.4M | $253.6M | ||
| Q2 24 | $331.5M | $260.6M |
| Q1 26 | $16.6M | — | ||
| Q4 25 | $16.5M | $-38.7M | ||
| Q3 25 | $23.6M | $11.1M | ||
| Q2 25 | $-2.7M | $5.2M | ||
| Q1 25 | $2.5M | $17.8M | ||
| Q4 24 | $21.0M | $-46.0M | ||
| Q3 24 | $30.6M | $-110.2M | ||
| Q2 24 | $31.0M | $-200.0K |
| Q1 26 | 22.4% | — | ||
| Q4 25 | 23.8% | — | ||
| Q3 25 | 23.1% | — | ||
| Q2 25 | 21.7% | — | ||
| Q1 25 | 21.6% | — | ||
| Q4 24 | 26.1% | — | ||
| Q3 24 | 28.4% | — | ||
| Q2 24 | 29.8% | — |
| Q1 26 | 7.3% | — | ||
| Q4 25 | 7.1% | -12.3% | ||
| Q3 25 | 7.5% | 6.4% | ||
| Q2 25 | 2.0% | 6.3% | ||
| Q1 25 | 1.8% | 6.1% | ||
| Q4 24 | 8.4% | -16.0% | ||
| Q3 24 | 12.3% | -38.6% | ||
| Q2 24 | 12.5% | 4.3% |
| Q1 26 | 4.7% | — | ||
| Q4 25 | 4.7% | -14.3% | ||
| Q3 25 | 6.6% | 4.2% | ||
| Q2 25 | -0.8% | 2.0% | ||
| Q1 25 | 0.7% | 6.8% | ||
| Q4 24 | 6.1% | -17.8% | ||
| Q3 24 | 8.9% | -43.5% | ||
| Q2 24 | 9.4% | -0.1% |
| Q1 26 | $0.78 | — | ||
| Q4 25 | $0.77 | $-0.76 | ||
| Q3 25 | $1.10 | $0.22 | ||
| Q2 25 | $-0.13 | $0.10 | ||
| Q1 25 | $0.12 | $0.35 | ||
| Q4 24 | $0.96 | $-0.92 | ||
| Q3 24 | $1.40 | $-2.20 | ||
| Q2 24 | $1.41 | $0.00 |
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 | $43.6M |
| Total DebtLower is stronger | $232.3M | $426.0M |
| Stockholders' EquityBook value | $511.8M | $534.0M |
| Total Assets | $1.1B | $1.2B |
| Debt / EquityLower = less leverage | 0.45× | 0.80× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $39.5M | — | ||
| Q4 25 | $41.3M | $43.6M | ||
| Q3 25 | $39.5M | $56.9M | ||
| Q2 25 | $32.8M | $37.1M | ||
| Q1 25 | $41.4M | $39.5M | ||
| Q4 24 | $43.9M | $28.4M | ||
| Q3 24 | $51.0M | $45.7M | ||
| Q2 24 | $30.4M | $28.5M |
| Q1 26 | $232.3M | — | ||
| Q4 25 | — | $426.0M | ||
| Q3 25 | — | $441.5M | ||
| Q2 25 | — | $456.9M | ||
| Q1 25 | $285.0M | $467.3M | ||
| Q4 24 | — | $492.6M | ||
| Q3 24 | — | $502.9M | ||
| Q2 24 | — | $512.7M |
| Q1 26 | $511.8M | — | ||
| Q4 25 | $512.3M | $534.0M | ||
| Q3 25 | $500.2M | $566.8M | ||
| Q2 25 | $481.8M | $552.4M | ||
| Q1 25 | $487.9M | $543.2M | ||
| Q4 24 | $522.1M | $523.5M | ||
| Q3 24 | $506.4M | $566.1M | ||
| Q2 24 | $480.0M | $674.3M |
| Q1 26 | $1.1B | — | ||
| Q4 25 | $1.1B | $1.2B | ||
| Q3 25 | $1.2B | $1.2B | ||
| Q2 25 | $1.2B | $1.2B | ||
| Q1 25 | $1.2B | $1.2B | ||
| Q4 24 | $1.2B | $1.2B | ||
| Q3 24 | $917.1M | $1.3B | ||
| Q2 24 | $889.0M | $1.4B |
| Q1 26 | 0.45× | — | ||
| Q4 25 | — | 0.80× | ||
| Q3 25 | — | 0.78× | ||
| Q2 25 | — | 0.83× | ||
| Q1 25 | 0.58× | 0.86× | ||
| Q4 24 | — | 0.94× | ||
| Q3 24 | — | 0.89× | ||
| Q2 24 | — | 0.76× |
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 | $4.4M |
| Free Cash FlowOCF − Capex | — | $3.3M |
| FCF MarginFCF / Revenue | — | 1.2% |
| Capex IntensityCapex / Revenue | 7.8% | 0.4% |
| Cash ConversionOCF / Net Profit | 7.37× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $65.8M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $122.5M | — | ||
| Q4 25 | $29.3M | $4.4M | ||
| Q3 25 | $57.1M | $37.8M | ||
| Q2 25 | $-19.8M | $10.6M | ||
| Q1 25 | $30.0M | $17.9M | ||
| Q4 24 | $31.0M | $-4.1M | ||
| Q3 24 | $58.7M | $28.4M | ||
| Q2 24 | $5.5M | $9.6M |
| Q1 26 | — | — | ||
| Q4 25 | $22.9M | $3.3M | ||
| Q3 25 | $52.4M | $36.2M | ||
| Q2 25 | $-26.9M | $8.7M | ||
| Q1 25 | $19.1M | $17.6M | ||
| Q4 24 | $22.0M | $-4.7M | ||
| Q3 24 | $50.2M | $27.7M | ||
| Q2 24 | $-1.8M | $8.9M |
| Q1 26 | — | — | ||
| Q4 25 | 6.6% | 1.2% | ||
| Q3 25 | 14.6% | 13.7% | ||
| Q2 25 | -7.8% | 3.3% | ||
| Q1 25 | 5.5% | 6.8% | ||
| Q4 24 | 6.4% | -1.8% | ||
| Q3 24 | 14.7% | 10.9% | ||
| Q2 24 | -0.5% | 3.4% |
| Q1 26 | 7.8% | — | ||
| Q4 25 | 1.9% | 0.4% | ||
| Q3 25 | 1.3% | 0.6% | ||
| Q2 25 | 2.1% | 0.7% | ||
| Q1 25 | 3.2% | 0.1% | ||
| Q4 24 | 2.6% | 0.2% | ||
| Q3 24 | 2.5% | 0.3% | ||
| Q2 24 | 2.2% | 0.3% |
| Q1 26 | 7.37× | — | ||
| Q4 25 | 1.77× | — | ||
| Q3 25 | 2.41× | 3.41× | ||
| Q2 25 | — | 2.04× | ||
| Q1 25 | 12.08× | 1.01× | ||
| Q4 24 | 1.48× | — | ||
| Q3 24 | 1.92× | — | ||
| Q2 24 | 0.18× | — |
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% |
EHAB
| Third Party Payor Medicare | $111.6M | 41% |
| Third Party Payor Medicare Advantage | $67.5M | 25% |
| Hospice Segment | $63.6M | 24% |
| Third Party Payor Managed Care | $24.9M | 9% |
| Third Party Payor Medicaid | $1.7M | 1% |
