APOG vs. HRI

Last updated Jun 4, 2026

APOG (Apogee Enterprises, Inc.) and HRI (Herc Holdings Inc.) are both stocks. Both are in the Industrials sector — APOG in Building Products & Equipment, HRI in Rental & Leasing Services. Over the past 5 years, APOG returned 1.66%/yr vs 4.94%/yr for HRI. A 0.54 correlation means they provide meaningful diversification when combined.

Performance

APOG vs. HRI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Apogee Enterprises, Inc. (APOG) and Herc Holdings Inc. (HRI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, APOG achieves a 4.06% return, which is significantly higher than HRI's -10.18% return.

APOG

• 1D: -3.21%
• 1M: 8.15%
• YTD: 4.06%
• 6M: -0.61%
• 1Y: -0.92%
• 3Y*: -0.06%
• 5Y*: 1.66%
• 10Y*: 0.17%

HRI

• 1D: 2.90%
• 1M: 7.06%
• YTD: -10.18%
• 6M: -6.95%
• 1Y: 11.61%
• 3Y*: 7.13%
• 5Y*: 4.94%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

APOG vs. HRI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
APOG Apogee Enterprises, Inc.	4.06%	-47.77%	35.84%	22.81%	-5.71%	55.23%	0.57%	10.89%	-33.77%	-13.72%
HRI Herc Holdings Inc.	-10.18%	-20.09%	29.38%	15.53%	-14.43%	136.37%	35.70%	88.30%	-58.49%	55.90%

Correlation

The correlation between APOG and HRI is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.46
Correlation (3Y) Calculated over the trailing 3-year period	0.50
Correlation (5Y) Calculated over the trailing 5-year period	0.54
Correlation (All Time) Calculated using the full available price history since Jul 5, 2016	0.54

The correlation between APOG and HRI has been stable across timeframes, ranging from 0.46 to 0.54 - a consistent structural relationship.

Fundamentals

Market Cap APOG : $800.88M HRI : $4.39B
EPS APOG : $2.51 HRI : -$0.15
PS Ratio APOG : 0.57 HRI : 0.92
PB Ratio APOG : 1.56 HRI : 2.32
Total Revenue (TTM) APOG : $1.40B HRI : $4.65B
Gross Profit (TTM) APOG : $319.47M HRI : $1.36B
EBITDA (TTM) APOG : $54.05M HRI : $1.12B

Return for Risk

APOG vs. HRI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

APOG

APOG Risk / Return Rank: 37
APOG Sharpe Ratio Rank: 39
APOG Sortino Ratio Rank: 35
APOG Omega Ratio Rank: 35
APOG Calmar Ratio Rank: 39
APOG Martin Ratio Rank: 39

HRI

HRI Risk / Return Rank: 47
HRI Sharpe Ratio Rank: 47
HRI Sortino Ratio Rank: 47
HRI Omega Ratio Rank: 46
HRI Calmar Ratio Rank: 46
HRI Martin Ratio Rank: 47

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

APOG vs. HRI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Apogee Enterprises, Inc. (APOG) and Herc Holdings Inc. (HRI). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	APOG	HRI	Difference
Sharpe ratio Return per unit of total volatility	-0.02	0.20	-0.22
Sortino ratio Return per unit of downside risk	0.23	0.71	-0.48
Omega ratio Gain probability vs. loss probability	1.03	1.09	-0.06
Calmar ratio Return relative to maximum drawdown	-0.03	0.24	-0.27
Martin ratio Return relative to average drawdown	-0.06	0.56	-0.62
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

APOG vs. HRI - Sharpe Ratio Comparison

The current APOG Sharpe Ratio is -0.02, which is lower than the HRI Sharpe Ratio of 0.20. The chart below compares the historical Sharpe Ratios of APOG and HRI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	APOG	HRI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.02	0.20	-0.22
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.05	0.10	-0.05
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.00	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.25	0.29	-0.04

Drawdowns

APOG vs. HRI - Drawdown Comparison

The maximum APOG drawdown since its inception was -84.96%, roughly equal to the maximum HRI drawdown of -82.20%. Use the drawdown chart below to compare losses from any high point for APOG and HRI.

Drawdown Indicators

	APOG	HRI	Difference
Max Drawdown Largest peak-to-trough decline	-84.96%	-82.20%	-2.76%
Max Drawdown (1Y) Largest decline over 1 year	-29.12%	-49.50%	+20.38%
Max Drawdown (3Y) Largest decline over 3 years	-62.46%	-60.90%	-1.56%
Max Drawdown (5Y) Largest decline over 5 years	-62.46%	-60.90%	-1.56%
Max Drawdown (10Y) Largest decline over 10 years	-74.60%	—	—
Current Drawdown Current decline from peak	-55.50%	-43.03%	-12.47%
Average Drawdown Average peak-to-trough decline	-29.05%	-28.15%	-0.90%
Ulcer Index Depth and duration of drawdowns from previous peaks	15.42%	20.72%	-5.30%

Volatility

APOG vs. HRI - Volatility Comparison

The current volatility for Apogee Enterprises, Inc. (APOG) is 10.27%, while Herc Holdings Inc. (HRI) has a volatility of 13.30%. This indicates that APOG experiences smaller price fluctuations and is considered to be less risky than HRI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	APOG	HRI	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.27%	13.30%	-3.03%
Volatility (6M) Calculated over the trailing 6-month period	28.93%	42.54%	-13.61%
Volatility (1Y) Calculated over the trailing 1-year period	37.27%	59.70%	-22.43%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	36.93%	51.84%	-14.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	42.41%	55.77%	-13.36%

Dividends

APOG vs. HRI - Dividend Comparison

APOG's dividend yield for the trailing twelve months is around 2.84%, more than HRI's 2.12% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
APOG Apogee Enterprises, Inc.	2.84%	2.86%	1.40%	1.80%	1.98%	1.66%	2.37%	2.15%	2.11%	1.22%	0.93%	1.01%
HRI Herc Holdings Inc.	2.12%	1.89%	1.40%	1.70%	1.75%	0.32%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

APOG vs. HRI - Profitability Comparison

The chart below illustrates the profitability comparison between Apogee Enterprises, Inc. and Herc Holdings Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

APOG - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Apogee Enterprises, Inc. reported a gross profit of 65.25M and revenue of 351.35M. Therefore, the gross margin over that period was 18.6%.

HRI - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Herc Holdings Inc. reported a gross profit of 326.00M and revenue of 1.14B. Therefore, the gross margin over that period was 28.6%.

APOG - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Apogee Enterprises, Inc. reported an operating income of 25.78M and revenue of 351.35M, resulting in an operating margin of 7.3%.

HRI - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Herc Holdings Inc. reported an operating income of 175.00M and revenue of 1.14B, resulting in an operating margin of 15.4%.

APOG - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Apogee Enterprises, Inc. reported a net income of 16.62M and revenue of 351.35M, resulting in a net margin of 4.7%.

HRI - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Herc Holdings Inc. reported a net income of -24.00M and revenue of 1.14B, resulting in a net margin of -2.1%.

Frequently Asked Questions

Can I hold both APOG and HRI in my portfolio?

APOG and HRI have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, APOG or HRI?

HRI has higher volatility (13.30%) compared to APOG (10.27%). In terms of maximum drawdown, APOG dropped -84.96% vs HRI's -82.20%.

Which has better risk-adjusted returns?

HRI currently has the higher Sharpe Ratio (0.20 vs -0.02), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.