AZEK · Azek Co Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 | Q2 '23 | Q1 '23 | Q3 '22 | Q2 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $452.23M | $285.43M | $434.37M | $418.41M | $240.44M | $387.55M | $377.69M | $216.26M | $394.99M | $396.25M |
| Cost of Revenue | $284.54M | $181.88M | $270.05M | $261.33M | $149.01M | $255.35M | $269.52M | $168.68M | $268.60M | $273.80M |
| Gross Profit | $167.69M | $103.55M | $164.32M | $157.07M | $91.43M | $132.20M | $108.17M | $47.58M | $126.39M | $122.46M |
| R&D | $4.00M | $4.00M | $4.00M | $3.70M | $3.10M | $2.10M | $2.10M | $2.10M | $2.60M | $2.30M |
| SG&A | $88.27M | $74.89M | $88.60M | $83.20M | $77.25M | $73.65M | $74.46M | $73.44M | $78.74M | $70.82M |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | $33.43M | $33.05M | $31.87M | $32.20M | $31.94M | $33.06M | $31.64M | $33.84M | $29.61M | $29.04M |
| Operating Income | $79.39M | $27.25M | $75.78M | $73.96M | $12.00M | $58.55M | $33.71M | ($25.86M) | $47.65M | $51.64M |
| Interest Expense | - | $9.59M | $12.21M | $12.17M | $11.96M | $11.47M | $10.77M | $9.30M | $10.62M | $4.01M |
| Income Tax | $17.76M | $1.46M | $17.89M | $15.31M | $16.89M | $13.27M | $6.67M | ($9.33M) | $9.56M | $11.81M |
| Net Income | $54.28M | $18.12M | $50.11M | $49.76M | $25.72M | $34.88M | $16.27M | ($25.84M) | $27.48M | $35.82M |
| EPS - Basic | $0.38 | $0.13 | $0.34 | $0.34 | $0.17 | $0.23 | $0.11 | ($0.17) | $0.18 | $0.23 |
| EPS - Diluted | $0.37 | $0.12 | $0.34 | $0.34 | $0.17 | $0.23 | $0.11 | ($0.17) | $0.18 | $0.23 |
Balance Sheet
| Line item | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 | Q2 '23 | Q1 '23 | Q3 '22 | Q2 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $146.72M | $148.13M | $164.03M | $227.40M | $274.76M | $278.31M | $126.26M | $86.86M | $120.82M | $25.81M |
| Accounts Receivable | $136.91M | $33.68M | $49.92M | $134.38M | $32.40M | $57.66M | $152.75M | $68.29M | $90.16M | $171.69M |
| Inventory | $224.05M | $256.75M | $223.68M | $213.71M | $261.56M | $221.10M | $251.03M | $320.88M | $299.90M | $299.16M |
| Accounts Payable | $60.78M | $47.73M | $57.91M | $52.73M | $43.12M | $56.02M | $51.92M | $48.56M | $48.99M | $76.23M |
| Current Assets | $560.57M | $478.15M | $471.38M | $612.03M | $593.38M | $582.97M | $568.60M | $513.51M | $530.59M | $520.85M |
| Total Assets | $2.30B | $2.17B | $2.17B | $2.30B | $2.29B | $2.37B | $2.38B | $2.35B | $2.38B | $2.32B |
| Current Liabilities | $228.47M | $186.48M | $217.04M | $179.97M | $198.41M | $195.24M | $192.50M | $176.75M | $182.49M | $173.58M |
| Long-term Debt | $427.97M | $428.82M | $429.67M | $577.96M | $579.11M | $580.26M | $582.57M | $583.73M | $584.88M | $505.28M |
| Total Liabilities | $845.08M | $785.93M | $810.85M | $908.58M | $929.42M | $935.91M | $948.90M | $935.93M | $938.65M | $826.45M |
| Stockholders' Equity | $1.45B | $1.39B | $1.36B | $1.39B | $1.36B | $1.43B | $1.44B | $1.41B | $1.44B | $1.49B |
| Retained Earnings | $161.41M | $107.13M | $89.00M | $10.53M | ($19.33M) | ($45.05M) | ($122.56M) | ($138.84M) | ($113.00M) | ($135.70M) |
Cash Flow
| Line item | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 | Q2 '23 | Q1 '23 | Q3 '22 | Q2 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | $13.56M | - | - | ($16.29M) | - | - | $6.41M | - | - |
| Investing Cash Flow | - | ($32.34M) | - | - | $115.53M | - | - | ($30.26M) | - | - |
| Financing Cash Flow | - | $2.89M | - | - | ($102.80M) | - | - | ($10.10M) | - | - |
| CapEx | - | $21.60M | - | - | $17.68M | - | - | $30.33M | - | - |
| Free Cash Flow | - | ($8.03M) | - | - | ($33.97M) | - | - | ($23.92M) | - | - |
Ratios
| Metric | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 | Q2 '23 | Q1 '23 | Q3 '22 | Q2 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 37.1% | 36.3% | 37.8% | 37.5% | 38.0% | 34.1% | 28.6% | 22.0% | 32.0% | 30.9% |
| Operating margin | 17.6% | 9.5% | 17.4% | 17.7% | 5.0% | 15.1% | 8.9% | -12.0% | 12.1% | 13.0% |
| EBITDA margin | 24.9% | 21.1% | 24.8% | 25.4% | 18.3% | 23.6% | 17.3% | 3.7% | 19.6% | 20.4% |
| Net margin | 12.0% | 6.3% | 11.5% | 11.9% | 10.7% | 9.0% | 4.3% | -11.9% | 7.0% | 9.0% |
| Free cash flow margin | - | -2.8% | - | - | -14.1% | - | - | -11.1% | - | - |
| FCF / Net income | - | -0.44 | - | - | -1.32 | - | - | 0.93 | - | - |
| R&D / Revenue | 0.9% | 1.4% | 0.9% | 0.9% | 1.3% | 0.5% | 0.6% | 1.0% | 0.7% | 0.6% |
| SG&A / Revenue | 19.5% | 26.2% | 20.4% | 19.9% | 32.1% | 19.0% | 19.7% | 34.0% | 19.9% | 17.9% |
| Effective tax rate | 24.6% | 7.5% | 26.3% | 23.5% | 39.6% | 27.6% | 29.1% | - | 25.8% | 24.8% |
| Return on assets | 2.4% | 0.8% | 2.3% | 2.2% | 1.1% | 1.5% | 0.7% | -1.1% | 1.2% | 1.5% |
| Return on equity | 3.7% | 1.3% | 3.7% | 3.6% | 1.9% | 2.4% | 1.1% | -1.8% | 1.9% | 2.4% |
| Return on invested capital | 3.2% | 1.4% | 3.1% | 2.9% | 0.4% | 2.1% | 1.2% | -1.0% | 1.7% | 1.9% |
| Liquidity | ||||||||||
| Current ratio | 2.45 | 2.56 | 2.17 | 3.40 | 2.99 | 2.99 | 2.95 | 2.91 | 2.91 | 3.00 |
| Quick ratio | 1.47 | 1.19 | 1.14 | 2.21 | 1.67 | 1.85 | 1.65 | 1.09 | 1.26 | 1.28 |
| Cash ratio | 0.64 | 0.79 | 0.76 | 1.26 | 1.38 | 1.43 | 0.66 | 0.49 | 0.66 | 0.15 |
| Leverage | ||||||||||
| Debt / Equity | 0.29 | 0.31 | 0.32 | 0.42 | 0.43 | 0.41 | 0.41 | 0.41 | 0.40 | 0.34 |
| Debt / Assets | 0.19 | 0.20 | 0.20 | 0.25 | 0.25 | 0.25 | 0.24 | 0.25 | 0.25 | 0.22 |
| Debt / EBITDA | 3.79 | 7.11 | 3.99 | 5.44 | 13.18 | 6.33 | 8.91 | 73.19 | 7.57 | 6.26 |
| Interest coverage | - | 2.8x | 6.2x | 6.1x | 1.0x | 5.1x | 3.1x | -2.8x | 4.5x | 12.9x |
| Equity multiplier | 1.58 | 1.57 | 1.60 | 1.66 | 1.68 | 1.65 | 1.66 | 1.66 | 1.65 | 1.55 |
| Liabilities / Assets | 0.37 | 0.36 | 0.37 | 0.40 | 0.41 | 0.40 | 0.40 | 0.40 | 0.39 | 0.36 |
| Efficiency | ||||||||||
| Asset turnover | 0.20 | 0.13 | 0.20 | 0.18 | 0.11 | 0.16 | 0.16 | 0.09 | 0.17 | 0.17 |
| Inventory turnover | 1.27 | 0.71 | 1.21 | 1.22 | 0.57 | 1.15 | 1.07 | 0.53 | 0.90 | 0.92 |
| Days sales outstanding | 110d | 43d | 42d | 117d | 49d | 54d | 148d | 115d | 83d | 158d |
| Days inventory outstanding | 287d | 515d | 302d | 298d | 641d | 316d | 340d | 694d | 408d | 399d |
| Days payable outstanding | 78d | 96d | 78d | 74d | 106d | 80d | 70d | 105d | 67d | 102d |
| Cash conversion cycle | 320d | 463d | 266d | 342d | 584d | 290d | 417d | 705d | 424d | 455d |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 8.1% | 18.7% | 12.1% | 10.8% | 11.2% | -1.9% | -4.7% | -16.7% | 20.6% | 35.2% |
| Revenue CAGR (3y) | 4.5% | 3.2% | 9.9% | 12.6% | 4.2% | 20.1% | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | 6.8% | 13.3% | 24.3% | 45.2% | 92.2% | 4.6% | -11.7% | -46.3% | 18.3% | 25.1% |
| Operating income growth (YoY) | 7.3% | 127.0% | 29.4% | 119.4% | - | 22.9% | -34.7% | - | 36.9% | 95.1% |
| Net income growth (YoY) | 9.1% | -29.5% | 43.7% | 205.8% | - | 26.9% | -54.6% | - | 26.2% | 58.1% |
| EPS growth (YoY) | 8.8% | -29.4% | 47.8% | 209.1% | - | 27.8% | -52.2% | - | -59.1% | 475.0% |
| EPS CAGR (3y) | 17.2% | 2.9% | -8.2% | 104.1% | 34.4% | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | 76.4% | - | - | -42.0% | - | - | 75.1% | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 4.8% | 2.1% | -5.1% | -3.4% | -3.8% | -1.0% | -3.9% | -2.6% | 1.2% | 10.6% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2024-09-30.
Business segments
$1.44B totalResidential Segment$1.37B · 95.0%
Commercial Segment$72.64M · 5.0%
Peer comparison
Same SIC group: Plastics Products, NEC
Comparing AZEK Co Inc. against the 5 most active filers in the same SIC group.