APOG vs AYI vs JHX Stock Comparison

Apogee Enterprises, Acuity Inc. (De) and James Hardie Industries Prices as of Oct 28, 2026 Peers: Industry group
APOG Apogee Enterprises, Inc.
$44.73 +22.9% 1M +17.3% 1Y
Market cap
$949.38M
P/E
14.2x
Revenue (TTM)
$1.43B
Div. yield
0.02%
Building Products Industrials
4 wins
AYI Acuity Inc. (De)
$316.80 +3.6% 1M -12.7% 1Y
Market cap
$9.91B
P/E
18.7x
Revenue (TTM)
$4.64B
Div. yield
0.00%
Building Products Industrials
6 wins

Head to Head

12 decided of 12

Acuity Inc. (De) leads on 6 of the 12 questions below (Acuity Inc. (De) 6, Apogee Enterprises 4, James Hardie Industries 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionAPOGAYIJHXLeader
Larger companyMarket capitalisation $949.38M $9.91B $15.64B JHX
Cheaper on earningsLower P/E, profitable companies only 14.2x 18.7x 107.4x APOG
Cheaper on forward earningsLower price / next fiscal year consensus EPS 13.0x 15.8x 18.5x APOG
Faster revenue growthRevenue growth, trailing twelve months +3.0% +6.8% +42.9% JHX
More profitableNet margin, trailing twelve months 4.7% 11.4% 2.7% AYI
Better return on capitalReturn on invested capital 9.2% 15.4% 2.6% AYI
Less leveragedLower net debt / EBITDA 1.9x 0.1x 3.5x AYI
Higher dividend yieldTrailing dividend yield 0.02% 0.00% 0.00% APOG
Better 1-year returnPrice return, last 12 months +17.3% -12.7% +16.5% APOG
Better 5-year returnAnnualised price return, 5 years +1.3%/yr +9.1%/yr -7.9%/yr AYI
Less volatileAnnualised volatility, 1 year 42.0% 38.0% 45.1% AYI
Higher overall scoreMean of the five percentile scores vs peers 61/100 82/100 34/100 AYI

Percentile Scorecard

APOGAYIJHX

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisAPOGAYIJHX
Valuation 94 #4 of 55 74 #15 of 55 20 #44 of 55
Growth 44 #29 of 51 84 #9 of 51 50 #26 of 51
Profitability 62 #19 of 48 79 #11 of 48 40 #29 of 48
Financial Health 45 #30 of 54 89 #7 of 54 32 #37 of 54
Shareholder Returns 58 #18 of 41 83 #8 of 41 25 #31 of 41
Overall 61 82 34
  • APOG ranked among 59 companies in Construction Products
  • AYI ranked among 59 companies in Construction Products
  • JHX ranked among 59 companies in Construction Products

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodAPOGAYIJHXSPY
1 month +22.9%+3.6%+2.7% +0.9%
3 months +12.1%-5.1%-0.5% +5.9%
6 months +25.6%+10.8%+28.0% +8.5%
Year to date +22.9%-12.0%+25.7% +13.3%
1 year +17.3%-12.7%+16.5% +12.4%
3 years +8.1%+100.1%+6.3% +88.1%
3 years, per year +2.6%+26.0%+2.1% +23.5%
5 years +6.7%+54.2%-33.7% +68.2%
5 years, per year +1.3%+9.1%-7.9% +11.0%
10 years +10.8%+42.0%+74.8% +263.4%
10 years, per year +1.0%+3.6%+5.7% +13.8%

Risk

MeasureAPOGAYIJHXSPY
Volatility, 1Y 42.0%38.0%45.1% 12.7%
Downside volatility, 1Y 40.2%41.6%41.4% 12.7%
Beta vs S&P 500, 1Y 0.971.401.71 1.00
Return / volatility, 1Y 0.41-0.340.37 0.98
Max drawdown, 5Y -63.6%-34.7%-60.3% -25.4%
From 52-week high -8.6%-15.9%-16.1% -0.9%
52-week high $48.92$376.69$31.09 $779.14
52-week low $31.73$257.79$16.69 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleAPOGAYIJHX
P/E now vs peer median 13.8xmedian 20.0x 18.1xmedian 20.0x 103.9xmedian 20.0x
P/S now vs peer median 0.7xmedian 1.5x 2.0xmedian 1.5x 2.8xmedian 1.5x
EV/EBITDA now vs peer median 8.0xmedian 11.3x 10.9xmedian 11.3x 16.9xmedian 11.3x
P/FCF now vs peer median 9.8xmedian 15.3x 12.6xmedian 15.3x 42.5xmedian 15.3x
P/B now vs peer median 1.8xmedian 2.8x 3.2xmedian 2.8x 2.3xmedian 2.8x
PEG now vs peer median -1.23median 0.99 1.09median 0.99 -2.62median 0.99

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsAPOGAYIJHX
Revenue $1.43B $4.64B $5.41B
Gross profit $332.94M $2.35B $1.94B
Operating income $102.98M $713.70M $526.70M
Net income $67.08M $531.30M $145.70M
Free cash flow $95.17M $747.90M $356.40M
R&D – – $64.00M
EPS (diluted) $3.21 $17.06 $0.25
Cash & equivalents $36.53M $636.30M $289.90M
Total debt $1.10B $697.40M $4.28B
Shares (diluted) 20.90M 31.15M 584.30M
Enterprise value $805.58M $8.22B $14.71B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricAPOGAYIJHX
P/E 13.8x 18.1x 103.9x
P/FCF 9.8x 12.6x 42.5x
P/Operating cash flow 7.3x 11.4x 20.8x
P/S 0.7x 2.0x 2.8x
P/B 1.8x 3.2x 2.3x
P/Tangible book 2.5x 4.8x 4.6x
EV/EBITDA 8.0x 10.9x 16.9x
EV/EBIT 12.0x 13.3x 36.3x
EV/Revenue 0.9x 2.0x 3.5x
EV/FCF 13.0x 12.7x 53.7x
EV/Operating cash flow 9.6x 11.5x 26.3x
PEG (3Y EPS CAGR) -1.23 1.09 -2.62

Growth

14 metrics
MetricAPOGAYIJHX
Revenue growth (1Y) 3.0% 6.8% 42.9%
Revenue CAGR (3Y) 0.1% 5.5% 13.2%
Gross profit growth (1Y) 3.6% 13.1% 34.4%
Gross profit CAGR (3Y) -1.9% 11.1% 13.0%
Operating income growth (1Y) 50.2% 26.6% -5.8%
Operating income CAGR (3Y) -8.6% 14.7% -11.3%
Net income growth (1Y) 51.0% 34.0% -56.0%
Net income CAGR (3Y) -12.7% 15.4% -34.0%
EPS growth (1Y) 55.9% 36.1% -67.6%
EPS CAGR (3Y) -11.3% 16.6% -39.7%
Operating cash flow growth (1Y) 30.7% 37.3% -11.8%
Operating cash flow CAGR (3Y) -8.5% 12.6% 1.0%
Free cash flow growth (1Y) 43.0% 40.3% 110.4%
Free cash flow CAGR (3Y) -6.6% 13.5% 75.0%

Profitability

14 metrics
MetricAPOGAYIJHX
Gross margin 23.2% 50.6% 35.9%
EBITDA margin 10.8% 18.7% 20.9%
Operating margin 7.2% 15.4% 9.7%
Pretax margin 6.5% 14.7% 5.1%
Net margin 4.7% 11.4% 2.7%
FCF margin 6.6% 16.1% 6.6%
Operating cash flow margin 9.0% 17.8% 13.4%
Return on equity 13.0% 18.2% 2.2%
Return on assets 5.7% 11.2% 1.0%
Return on invested capital 9.2% 15.4% 2.6%
Return on capital employed 11.3% 19.5% 4.2%
Asset turnover 1.2x 1.0x 0.4x
Cash conversion (OCF / net income) 1.9x 1.6x 5.0x
Stock comp / revenue 0.7% 1.1% 0.8%

Financial Health

11 metrics
MetricAPOGAYIJHX
Debt / assets 27.0% 14.3% 31.7%
Debt / equity 0.6x 0.2x 0.7x
Net debt / EBITDA 1.9x 0.1x 3.5x
Debt / FCF 3.5x 0.9x 12.0x
Liabilities / assets 57.9% 39.0% 51.5%
Equity / assets 42.1% 61.0% 48.5%
Interest coverage 8.3x – 1.8x
Current ratio 1.8x 1.7x 1.6x
Quick ratio 1.2x 1.2x 0.7x
Cash ratio 0.1x 0.6x 0.3x
Altman Z-score 2.84 5.97 2.09

Shareholder Returns

7 metrics
MetricAPOGAYIJHX
Dividend yield 3.0% 0.3% –
Net buyback yield 3.3% 3.0% 2.0%
Shareholder yield 6.3% 3.2% 2.0%
Payout ratio (earnings) 33.4% 4.5% –
Payout ratio (FCF) 23.5% 3.2% –
Dividend growth (1Y) 1.9% 15.5% –
Dividend CAGR (3Y) 2.8% 12.3% –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusAPOGAYIJHX
Forward P/E 13.0xFY2026 15.8xFY2027 18.5xFY2026
EPS, next fiscal year $3.43FY2026 $20.01FY2027 $1.41FY2026
EPS growth, next FY -1.2%FY2026 +0.6%FY2027 +29.4%FY2026
EPS growth, the year after +8.5% +21.7% +12.8%
Revenue, next fiscal year $1.40BFY2026 $4.68BFY2027 $5.13BFY2026
Revenue growth, next FY +0.1%FY2026 +0.9%FY2027 +6.0%FY2026
Revenue growth, the year after +9.8% +14.4% +15.1%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersAPOGAYIJHX
Held by institutions 92.4% 99.2% 49.9%
Institutions holding 236 631 340
Change in shares held, QoQ 0.0% +4.1% +7.1%
Institutions buying 135 330 190
Institutions selling 59 190 100
Buyers to sellers 2.29 1.74 1.90

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

APOGAYIJHX
APOG 1.00 0.31 0.50
AYI 0.31 1.00 0.38
JHX 0.50 0.38 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, APOG, AYI and JHX?

James Hardie Industries (JHX) is the largest by market capitalisation: Apogee Enterprises (APOG) $949.38M, Acuity Inc. (De) (AYI) $9.91B, James Hardie Industries (JHX) $15.64B.

Which stock is cheaper, APOG, AYI and JHX?

Apogee Enterprises (APOG) trades on the lowest price-to-earnings ratio (Apogee Enterprises (APOG) 14.2x, Acuity Inc. (De) (AYI) 18.7x, James Hardie Industries (JHX) 107.4x). On next year's consensus earnings, Apogee Enterprises (APOG) is cheapest (Apogee Enterprises (APOG) 13.0x, Acuity Inc. (De) (AYI) 15.8x, James Hardie Industries (JHX) 18.5x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

James Hardie Industries (JHX) grew revenue fastest over the trailing twelve months: Apogee Enterprises (APOG) +3.0%, Acuity Inc. (De) (AYI) +6.8%, James Hardie Industries (JHX) +42.9%.

Which company is more profitable?

Acuity Inc. (De) (AYI) has the highest net margin (Apogee Enterprises (APOG) 4.7%, Acuity Inc. (De) (AYI) 11.4%, James Hardie Industries (JHX) 2.7%). On return on invested capital, Acuity Inc. (De) (AYI) leads (Apogee Enterprises (APOG) 9.2%, Acuity Inc. (De) (AYI) 15.4%, James Hardie Industries (JHX) 2.6%).

Which stock has performed better?

Over the past year Apogee Enterprises (APOG) returned the most: Apogee Enterprises (APOG) +17.3%, Acuity Inc. (De) (AYI) -12.7%, James Hardie Industries (JHX) +16.5%. Over five years, Acuity Inc. (De) (AYI) compounded fastest (Apogee Enterprises (APOG) +1.3%/yr, Acuity Inc. (De) (AYI) +9.1%/yr, James Hardie Industries (JHX) -7.9%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Apogee Enterprises (APOG) has the highest dividend yield: Apogee Enterprises (APOG) 0.02%, Acuity Inc. (De) (AYI) 0.00%, James Hardie Industries (JHX) 0.00%. James Hardie Industries (JHX) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Acuity Inc. (De) (AYI) has been the steadiest (Apogee Enterprises (APOG) 42.0%, Acuity Inc. (De) (AYI) 38.0%, James Hardie Industries (JHX) 45.1%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, APOG, AYI and JHX?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Acuity Inc. (De) (AYI) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.