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Side-by-side financial comparison of APOGEE ENTERPRISES, INC. (APOG) and Hilltop Holdings Inc. (HTH). Click either name above to swap in a different company.
APOGEE ENTERPRISES, INC. is the larger business by last-quarter revenue ($351.4M vs $300.5M, roughly 1.2× Hilltop Holdings Inc.). Hilltop Holdings Inc. runs the higher net margin — 13.0% vs 4.7%, a 8.3% gap on every dollar of revenue. Over the past eight quarters, APOGEE ENTERPRISES, INC.'s revenue compounded faster (2.9% CAGR vs 0.6%).
Apogee Electronics is an American manufacturer of audio interfaces, analog-to-digital and digital-to-analog converters, USB & iOS microphones, and audio production software.
Hilltop Holdings Inc. is a financial holding company based in Dallas, Texas. It offers financial products and banking services through three primary subsidiaries: PlainsCapital Bank, PrimeLending, and HilltopSecurities.
APOG vs HTH — Head-to-Head
Income Statement — Q4 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $351.4M | $300.5M |
| Net Profit | $16.6M | $39.0M |
| Gross Margin | 22.4% | — |
| Operating Margin | 7.3% | — |
| Net Margin | 4.7% | 13.0% |
| Revenue YoY | 1.6% | — |
| Net Profit YoY | 568.8% | -12.4% |
| EPS (diluted) | $0.78 | $0.64 |
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 | $300.5M | ||
| Q4 25 | $348.6M | $329.9M | ||
| Q3 25 | $358.2M | $330.2M | ||
| Q2 25 | $346.6M | $303.3M | ||
| Q1 25 | $345.7M | $318.5M | ||
| Q4 24 | $341.3M | $301.1M | ||
| Q3 24 | $342.4M | $305.5M | ||
| Q2 24 | $331.5M | $297.0M |
| Q1 26 | $16.6M | $39.0M | ||
| Q4 25 | $16.5M | $41.6M | ||
| Q3 25 | $23.6M | $45.8M | ||
| Q2 25 | $-2.7M | $36.1M | ||
| Q1 25 | $2.5M | $42.1M | ||
| Q4 24 | $21.0M | $35.5M | ||
| Q3 24 | $30.6M | $29.7M | ||
| Q2 24 | $31.0M | $20.3M |
| 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% | 16.1% | ||
| Q3 25 | 7.5% | 18.4% | ||
| Q2 25 | 2.0% | 16.3% | ||
| Q1 25 | 1.8% | 18.1% | ||
| Q4 24 | 8.4% | 14.7% | ||
| Q3 24 | 12.3% | 13.9% | ||
| Q2 24 | 12.5% | 10.0% |
| Q1 26 | 4.7% | 13.0% | ||
| Q4 25 | 4.7% | 12.6% | ||
| Q3 25 | 6.6% | 13.9% | ||
| Q2 25 | -0.8% | 11.9% | ||
| Q1 25 | 0.7% | 13.2% | ||
| Q4 24 | 6.1% | 11.8% | ||
| Q3 24 | 8.9% | 9.7% | ||
| Q2 24 | 9.4% | 6.8% |
| Q1 26 | $0.78 | $0.64 | ||
| Q4 25 | $0.77 | $0.68 | ||
| Q3 25 | $1.10 | $0.74 | ||
| Q2 25 | $-0.13 | $0.57 | ||
| Q1 25 | $0.12 | $0.65 | ||
| Q4 24 | $0.96 | $0.55 | ||
| Q3 24 | $1.40 | $0.46 | ||
| Q2 24 | $1.41 | $0.31 |
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 | — |
| Total DebtLower is stronger | $232.3M | $990.8M |
| Stockholders' EquityBook value | $511.8M | $2.2B |
| Total Assets | $1.1B | $15.7B |
| Debt / EquityLower = less leverage | 0.45× | 0.46× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $39.5M | — | ||
| Q4 25 | $41.3M | — | ||
| Q3 25 | $39.5M | — | ||
| Q2 25 | $32.8M | — | ||
| Q1 25 | $41.4M | — | ||
| Q4 24 | $43.9M | — | ||
| Q3 24 | $51.0M | — | ||
| Q2 24 | $30.4M | — |
| Q1 26 | $232.3M | $990.8M | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | $285.0M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | $511.8M | $2.2B | ||
| Q4 25 | $512.3M | $2.2B | ||
| Q3 25 | $500.2M | $2.2B | ||
| Q2 25 | $481.8M | $2.2B | ||
| Q1 25 | $487.9M | $2.2B | ||
| Q4 24 | $522.1M | $2.2B | ||
| Q3 24 | $506.4M | $2.2B | ||
| Q2 24 | $480.0M | $2.1B |
| Q1 26 | $1.1B | $15.7B | ||
| Q4 25 | $1.1B | $15.8B | ||
| Q3 25 | $1.2B | $15.6B | ||
| Q2 25 | $1.2B | $15.4B | ||
| Q1 25 | $1.2B | $15.8B | ||
| Q4 24 | $1.2B | $16.3B | ||
| Q3 24 | $917.1M | $15.9B | ||
| Q2 24 | $889.0M | $15.6B |
| Q1 26 | 0.45× | 0.46× | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 0.58× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | — |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | 7.8% | — |
| Cash ConversionOCF / Net Profit | 7.37× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $122.5M | — | ||
| Q4 25 | $29.3M | $-38.7M | ||
| Q3 25 | $57.1M | $273.0M | ||
| Q2 25 | $-19.8M | $-234.6M | ||
| Q1 25 | $30.0M | $5.8M | ||
| Q4 24 | $31.0M | $273.9M | ||
| Q3 24 | $58.7M | $515.6M | ||
| Q2 24 | $5.5M | $-435.3M |
| Q1 26 | — | — | ||
| Q4 25 | $22.9M | $-55.5M | ||
| Q3 25 | $52.4M | $271.0M | ||
| Q2 25 | $-26.9M | $-234.6M | ||
| Q1 25 | $19.1M | $5.0M | ||
| Q4 24 | $22.0M | $266.8M | ||
| Q3 24 | $50.2M | $513.8M | ||
| Q2 24 | $-1.8M | $-437.3M |
| Q1 26 | — | — | ||
| Q4 25 | 6.6% | -16.8% | ||
| Q3 25 | 14.6% | 82.1% | ||
| Q2 25 | -7.8% | -77.4% | ||
| Q1 25 | 5.5% | 1.6% | ||
| Q4 24 | 6.4% | 88.6% | ||
| Q3 24 | 14.7% | 168.2% | ||
| Q2 24 | -0.5% | -147.2% |
| Q1 26 | 7.8% | — | ||
| Q4 25 | 1.9% | 5.1% | ||
| Q3 25 | 1.3% | 0.6% | ||
| Q2 25 | 2.1% | 0.0% | ||
| Q1 25 | 3.2% | 0.3% | ||
| Q4 24 | 2.6% | 2.4% | ||
| Q3 24 | 2.5% | 0.6% | ||
| Q2 24 | 2.2% | 0.7% |
| Q1 26 | 7.37× | — | ||
| Q4 25 | 1.77× | -0.93× | ||
| Q3 25 | 2.41× | 5.96× | ||
| Q2 25 | — | -6.50× | ||
| Q1 25 | 12.08× | 0.14× | ||
| Q4 24 | 1.48× | 7.71× | ||
| Q3 24 | 1.92× | 17.36× | ||
| Q2 24 | 0.18× | -21.41× |
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% |
HTH
| Noninterest Income | $188.4M | 63% |
| Net Interest Income | $112.1M | 37% |
