Apogee Tax Provision from 2010 to 2024

APOG Stock  USD 83.22  1.11  1.35%   
Apogee Enterprises' Tax Provision is decreasing over the last several years with slightly volatile swings. Tax Provision is predicted to flatten to about 16.9 M. Tax Provision is the amount set aside by Apogee Enterprises to cover any estimated taxes for the current period. It reflects Apogee Enterprises' expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2019-02-28
Previous Quarter
10.1 M
Current Value
10.5 M
Quarterly Volatility
5.7 M
 
Covid
Check Apogee Enterprises financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Apogee Enterprises' main balance sheet or income statement drivers, such as Depreciation And Amortization of 29.7 M, Interest Expense of 3.7 M or Selling General Administrative of 137 M, as well as many indicators such as Price To Sales Ratio of 0.58, Dividend Yield of 0.0234 or PTB Ratio of 1.55. Apogee financial statements analysis is a perfect complement when working with Apogee Enterprises Valuation or Volatility modules.
  
Check out the analysis of Apogee Enterprises Correlation against competitors.
For more detail on how to invest in Apogee Stock please use our How to Invest in Apogee Enterprises guide.

Latest Apogee Enterprises' Tax Provision Growth Pattern

Below is the plot of the Tax Provision of Apogee Enterprises over the last few years. It is the amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities. Apogee Enterprises' Tax Provision historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Apogee Enterprises' overall financial position and show how it may be relating to other accounts over time.
Tax Provision10 Years Trend
Slightly volatile
   Tax Provision   
       Timeline  

Apogee Tax Provision Regression Statistics

Arithmetic Mean25,748,902
Geometric Mean21,874,075
Coefficient Of Variation49.44
Mean Deviation11,652,917
Median30,392,000
Standard Deviation12,729,032
Sample Variance162T
Range29.8M
R-Value(0.74)
Mean Square Error79.7T
R-Squared0.54
Significance0
Slope(2,098,097)
Total Sum of Squares2268.4T

Apogee Tax Provision History

202416.9 M
202329.6 M
202212.5 M
202110.4 M
20197.2 M
201813 M
201730.4 M

About Apogee Enterprises Financial Statements

Apogee Enterprises stakeholders use historical fundamental indicators, such as Apogee Enterprises' Tax Provision, to determine how well the company is positioned to perform in the future. Although Apogee Enterprises investors may analyze each financial statement separately, they are all interrelated. For example, changes in Apogee Enterprises' assets and liabilities are reflected in the revenues and expenses on Apogee Enterprises' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Apogee Enterprises. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Tax Provision29.6 M16.9 M

Currently Active Assets on Macroaxis

When determining whether Apogee Enterprises is a strong investment it is important to analyze Apogee Enterprises' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Apogee Enterprises' future performance. For an informed investment choice regarding Apogee Stock, refer to the following important reports:
Check out the analysis of Apogee Enterprises Correlation against competitors.
For more detail on how to invest in Apogee Stock please use our How to Invest in Apogee Enterprises guide.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Is Building Products space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Apogee Enterprises. If investors know Apogee will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Apogee Enterprises listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.08)
Dividend Share
0.99
Earnings Share
4.74
Revenue Per Share
62.921
Quarterly Revenue Growth
(0.03)
The market value of Apogee Enterprises is measured differently than its book value, which is the value of Apogee that is recorded on the company's balance sheet. Investors also form their own opinion of Apogee Enterprises' value that differs from its market value or its book value, called intrinsic value, which is Apogee Enterprises' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Apogee Enterprises' market value can be influenced by many factors that don't directly affect Apogee Enterprises' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Apogee Enterprises' value and its price as these two are different measures arrived at by different means. Investors typically determine if Apogee Enterprises is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Apogee Enterprises' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.