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Side-by-side financial comparison of APOGEE ENTERPRISES, INC. (APOG) and Enpro Inc. (NPO). Click either name above to swap in a different company.

APOGEE ENTERPRISES, INC. is the larger business by last-quarter revenue ($351.4M vs $295.4M, roughly 1.2× Enpro Inc.). APOGEE ENTERPRISES, INC. runs the higher net margin — 4.7% vs -10.8%, a 15.6% gap on every dollar of revenue. On growth, Enpro Inc. posted the faster year-over-year revenue change (14.3% vs 1.6%). Over the past eight quarters, Enpro Inc.'s revenue compounded faster (7.1% CAGR vs 2.9%).

Apogee Electronics is an American manufacturer of audio interfaces, analog-to-digital and digital-to-analog converters, USB & iOS microphones, and audio production software.

Enpro is a US-based industrial technology company that designs and manufactures products and materials for technology-intensive sectors. The company serves industries such as semiconductors, aerospace, power generation, heavy-duty trucking, agricultural machinery, chemical processing, pulp and paper, and life sciences from 61 primary manufacturing facilities located in 12 countries, worldwide. It is organized under three segments: Sealing Technologies, Advanced Surface Technologies, and Engin...

APOG vs NPO — Head-to-Head

Bigger by revenue
APOG
APOG
1.2× larger
APOG
$351.4M
$295.4M
NPO
Growing faster (revenue YoY)
NPO
NPO
+12.7% gap
NPO
14.3%
1.6%
APOG
Higher net margin
APOG
APOG
15.6% more per $
APOG
4.7%
-10.8%
NPO
Faster 2-yr revenue CAGR
NPO
NPO
Annualised
NPO
7.1%
2.9%
APOG

Income Statement — Q4 FY2026 vs Q4 FY2025

Metric
APOG
APOG
NPO
NPO
Revenue
$351.4M
$295.4M
Net Profit
$16.6M
$-32.0M
Gross Margin
22.4%
42.1%
Operating Margin
7.3%
11.2%
Net Margin
4.7%
-10.8%
Revenue YoY
1.6%
14.3%
Net Profit YoY
568.8%
-330.2%
EPS (diluted)
$0.78
$-1.50

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.

Revenue
APOG
APOG
NPO
NPO
Q1 26
$351.4M
Q4 25
$348.6M
$295.4M
Q3 25
$358.2M
$286.6M
Q2 25
$346.6M
$288.1M
Q1 25
$345.7M
$273.2M
Q4 24
$341.3M
$258.4M
Q3 24
$342.4M
$260.9M
Q2 24
$331.5M
$271.9M
Net Profit
APOG
APOG
NPO
NPO
Q1 26
$16.6M
Q4 25
$16.5M
$-32.0M
Q3 25
$23.6M
$21.6M
Q2 25
$-2.7M
$26.4M
Q1 25
$2.5M
$24.5M
Q4 24
$21.0M
$13.9M
Q3 24
$30.6M
$19.8M
Q2 24
$31.0M
$26.7M
Gross Margin
APOG
APOG
NPO
NPO
Q1 26
22.4%
Q4 25
23.8%
42.1%
Q3 25
23.1%
41.9%
Q2 25
21.7%
43.3%
Q1 25
21.6%
43.3%
Q4 24
26.1%
42.3%
Q3 24
28.4%
42.3%
Q2 24
29.8%
43.8%
Operating Margin
APOG
APOG
NPO
NPO
Q1 26
7.3%
Q4 25
7.1%
11.2%
Q3 25
7.5%
14.3%
Q2 25
2.0%
15.9%
Q1 25
1.8%
15.3%
Q4 24
8.4%
12.5%
Q3 24
12.3%
13.1%
Q2 24
12.5%
17.7%
Net Margin
APOG
APOG
NPO
NPO
Q1 26
4.7%
Q4 25
4.7%
-10.8%
Q3 25
6.6%
7.5%
Q2 25
-0.8%
9.2%
Q1 25
0.7%
9.0%
Q4 24
6.1%
5.4%
Q3 24
8.9%
7.6%
Q2 24
9.4%
9.8%
EPS (diluted)
APOG
APOG
NPO
NPO
Q1 26
$0.78
Q4 25
$0.77
$-1.50
Q3 25
$1.10
$1.01
Q2 25
$-0.13
$1.25
Q1 25
$0.12
$1.15
Q4 24
$0.96
$0.65
Q3 24
$1.40
$0.94
Q2 24
$1.41
$1.27

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
APOG
APOG
NPO
NPO
Cash + ST InvestmentsLiquidity on hand
$39.5M
$114.7M
Total DebtLower is stronger
$232.3M
$655.3M
Stockholders' EquityBook value
$511.8M
$1.5B
Total Assets
$1.1B
$2.7B
Debt / EquityLower = less leverage
0.45×
0.42×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
APOG
APOG
NPO
NPO
Q1 26
$39.5M
Q4 25
$41.3M
$114.7M
Q3 25
$39.5M
$132.9M
Q2 25
$32.8M
$107.1M
Q1 25
$41.4M
$240.3M
Q4 24
$43.9M
$236.3M
Q3 24
$51.0M
$206.9M
Q2 24
$30.4M
$175.9M
Total Debt
APOG
APOG
NPO
NPO
Q1 26
$232.3M
Q4 25
$655.3M
Q3 25
Q2 25
Q1 25
$285.0M
Q4 24
$640.1M
Q3 24
Q2 24
Stockholders' Equity
APOG
APOG
NPO
NPO
Q1 26
$511.8M
Q4 25
$512.3M
$1.5B
Q3 25
$500.2M
$1.5B
Q2 25
$481.8M
$1.5B
Q1 25
$487.9M
$1.5B
Q4 24
$522.1M
$1.4B
Q3 24
$506.4M
$1.5B
Q2 24
$480.0M
$1.4B
Total Assets
APOG
APOG
NPO
NPO
Q1 26
$1.1B
Q4 25
$1.1B
$2.7B
Q3 25
$1.2B
$2.4B
Q2 25
$1.2B
$2.4B
Q1 25
$1.2B
$2.5B
Q4 24
$1.2B
$2.5B
Q3 24
$917.1M
$2.5B
Q2 24
$889.0M
$2.5B
Debt / Equity
APOG
APOG
NPO
NPO
Q1 26
0.45×
Q4 25
0.42×
Q3 25
Q2 25
Q1 25
0.58×
Q4 24
0.45×
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
APOG
APOG
NPO
NPO
Operating Cash FlowLast quarter
$122.5M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
7.8%
4.1%
Cash ConversionOCF / Net Profit
7.37×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
APOG
APOG
NPO
NPO
Q1 26
$122.5M
Q4 25
$29.3M
Q3 25
$57.1M
$65.3M
Q2 25
$-19.8M
$52.2M
Q1 25
$30.0M
$21.0M
Q4 24
$31.0M
$59.4M
Q3 24
$58.7M
$54.0M
Q2 24
$5.5M
$43.2M
Free Cash Flow
APOG
APOG
NPO
NPO
Q1 26
Q4 25
$22.9M
Q3 25
$52.4M
$53.4M
Q2 25
$-26.9M
$42.3M
Q1 25
$19.1M
$13.0M
Q4 24
$22.0M
$49.1M
Q3 24
$50.2M
$48.3M
Q2 24
$-1.8M
$38.3M
FCF Margin
APOG
APOG
NPO
NPO
Q1 26
Q4 25
6.6%
Q3 25
14.6%
18.6%
Q2 25
-7.8%
14.7%
Q1 25
5.5%
4.8%
Q4 24
6.4%
19.0%
Q3 24
14.7%
18.5%
Q2 24
-0.5%
14.1%
Capex Intensity
APOG
APOG
NPO
NPO
Q1 26
7.8%
Q4 25
1.9%
4.1%
Q3 25
1.3%
4.2%
Q2 25
2.1%
3.4%
Q1 25
3.2%
2.9%
Q4 24
2.6%
4.0%
Q3 24
2.5%
2.2%
Q2 24
2.2%
1.8%
Cash Conversion
APOG
APOG
NPO
NPO
Q1 26
7.37×
Q4 25
1.77×
Q3 25
2.41×
3.02×
Q2 25
1.98×
Q1 25
12.08×
0.86×
Q4 24
1.48×
4.27×
Q3 24
1.92×
2.73×
Q2 24
0.18×
1.62×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

APOG
APOG

Architectural Services$127.1M36%
Architectural Metals$110.0M31%
Architectural Glass$67.4M19%
Performance Surfaces$54.3M15%

NPO
NPO

Sealing Technologies Segment$187.0M63%
General Industrial$71.3M24%
Power Generation$19.9M7%
Oiland Gas Market$15.0M5%
Semiconductors$2.2M1%

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