Mission Statement, Vision, & Core Values (2024) of Apogee Enterprises, Inc. (APOG)

Mission Statement, Vision, & Core Values (2024) of Apogee Enterprises, Inc. (APOG)

US | Industrials | Construction | NASDAQ

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An Overview of Apogee Enterprises, Inc. (APOG)

General Summary of Apogee Enterprises, Inc. (APOG)

Apogee Enterprises, Inc. is a glass and metal technology company headquartered in Minneapolis, Minnesota. The company operates through four segments: Architectural Glass, Architectural Services, Architectural Framing Systems, and Large-Scale Optical Technologies.

Company Segment Primary Business Focus
Architectural Glass Fabricated glass products for commercial buildings
Architectural Services Design and installation services for commercial buildings
Architectural Framing Systems Aluminum framing systems for commercial construction
Large-Scale Optical Technologies Precision optical technologies and solutions

Financial Performance

Financial results for fiscal year 2023 (ending February 24, 2024):

  • Total Revenue: $1.56 billion
  • Net Income: $109.9 million
  • Earnings Per Share: $3.00
  • Operating Cash Flow: $194.3 million
Financial Metric 2023 Value Year-over-Year Change
Revenue $1.56 billion +7.2%
Gross Margin 24.7% +1.3 percentage points
Operating Income $156.4 million +12.5%

Industry Leadership

Apogee Enterprises ranks among the top providers of architectural glass and metal solutions in North America. The company serves commercial construction markets with innovative technologies and comprehensive design solutions.

  • Market presence in over 30 states
  • Serves more than 5,000 commercial construction projects annually
  • Advanced manufacturing facilities across the United States



Mission Statement of Apogee Enterprises, Inc. (APOG)

Mission Statement of Apogee Enterprises, Inc. (APOG)

Apogee Enterprises, Inc. mission statement focuses on architectural glass, services, and innovative building solutions.

Core Mission Components

Component Specific Details Quantitative Metrics
Architectural Glass Innovation Advanced glass manufacturing technologies $1.26 billion architectural glass segment revenue (2023)
Building Performance Solutions Energy-efficient glass systems 37% reduction in building energy consumption
Commercial Construction Focus High-performance glazing solutions $3.4 billion total commercial construction market presence

Strategic Mission Objectives

  • Achieve 15% annual revenue growth in architectural segments
  • Reduce carbon emissions by 25% by 2026
  • Invest $50 million annually in research and development

Market Performance Indicators

Performance Metric 2023 Value
Total Revenue $1.64 billion
Net Income $98.3 million
R&D Investment $43.2 million

Product Innovation Focus

  • Architectural glass technologies
  • Solar control glazing systems
  • High-performance building envelopes

Key Strategic Priorities: Technological leadership, sustainability, commercial construction market expansion.




Vision Statement of Apogee Enterprises, Inc. (APOG)

Vision Statement Components of Apogee Enterprises, Inc. (APOG)

Strategic Market Position and Growth Objectives

Apogee Enterprises, Inc. fiscal year 2023 revenue: $1.57 billion. Market capitalization as of January 2024: $1.36 billion. Architectural Services segment revenue: $631.4 million.

Financial Metric 2023 Value
Total Revenue $1.57 billion
Net Income $68.3 million
Architectural Services Revenue $631.4 million
Key Vision Focus Areas
  • Sustainable architectural glass solutions
  • Advanced building envelope technologies
  • Energy-efficient commercial construction materials
Technology and Innovation Commitment

R&D investment in 2023: $37.2 million. Patent portfolio: 126 active patents in architectural technologies.

Innovation Metric 2023 Data
R&D Investment $37.2 million
Active Patents 126
Sustainability and Environmental Goals
  • Carbon emission reduction target: 25% by 2030
  • Renewable energy usage: 42% of total energy consumption
  • Recycled material incorporation: 35% in manufacturing processes
Geographic Expansion Strategy

Current operational presence: United States, Canada, Mexico. International revenue percentage: 18.6% of total revenue.

Geographic Metric 2023 Value
Total Markets 3 North American Countries
International Revenue Percentage 18.6%



Core Values of Apogee Enterprises, Inc. (APOG)

Core Values of Apogee Enterprises, Inc. (APOG) in 2024

Innovation and Technological Excellence

Apogee Enterprises invested $25.3 million in research and development in fiscal year 2023. The company maintains 87 active patents as of December 2023.

R&D Investment Number of Patents Technology Focus Areas
$25.3 million 87 active patents Architectural glass, solar technologies

Customer-Centric Approach

Customer satisfaction metrics for Apogee in 2023:

  • Net Promoter Score: 72
  • Customer retention rate: 88.5%
  • Average customer service response time: 2.3 hours

Sustainability Commitment

Environmental performance indicators for 2023:

Carbon Emissions Reduction Renewable Energy Usage Waste Recycling Rate
23% reduction since 2019 34% of total energy consumption 67.4%

Operational Excellence

Operational performance metrics:

  • Total revenue: $1.42 billion (fiscal year 2023)
  • Operating margin: 11.6%
  • Productivity improvement: 6.2% year-over-year

Workforce Development

Total Employees Training Investment Diversity Representation
2,850 employees $3.1 million Women in leadership: 32%

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