AZZ · Azz 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 | Q1 '26 | Q3 '26 | Q2 '26 | Q1 '25 | Q3 '25 | Q2 '25 | Q1 '24 | Q3 '24 | Q2 '24 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $421.96M | $425.75M | $417.27M | $413.21M | $403.65M | $409.01M | $390.87M | $381.61M | $398.54M | $314.40M |
| Cost of Revenue | $317.83M | $323.81M | $315.98M | $310.54M | $305.88M | $305.49M | $293.85M | $293.46M | $301.30M | $229.94M |
| Gross Profit | $104.13M | $101.94M | $101.29M | $102.67M | $97.78M | $103.51M | $97.02M | $88.15M | $97.25M | $84.46M |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $34.58M | $32.46M | $32.83M | $32.92M | $39.24M | $35.87M | $31.52M | $35.33M | $36.24M | $44.55M |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | $21.83M | $22.78M | $20.43M | - | - | - | - | - | - | $15.12M |
| Operating Income | $69.55M | $69.48M | $68.46M | $69.75M | $58.53M | $67.65M | $65.50M | $52.82M | $61.01M | $39.91M |
| Interest Expense | $18.56M | $12.21M | $13.66M | $22.77M | $19.22M | $21.91M | $28.71M | $25.86M | $27.77M | $7.47M |
| Income Tax | $54.93M | $14.48M | $24.98M | $11.40M | $12.11M | $12.21M | $9.65M | $8.78M | $5.97M | $7.56M |
| Net Income | $170.91M | $41.08M | $89.35M | $39.60M | $33.60M | $35.42M | $28.52M | $26.89M | $28.33M | $24.08M |
| EPS - Basic | $5.71 | $1.37 | $2.97 | ($1.38) | $1.12 | $1.19 | $1.00 | $0.93 | $0.99 | $0.97 |
| EPS - Diluted | $5.66 | $1.36 | $2.95 | ($1.38) | $1.12 | $1.18 | $0.98 | $0.92 | $0.97 | $0.96 |
Balance Sheet
| Line item | Q1 '26 | Q3 '26 | Q2 '26 | Q1 '25 | Q3 '25 | Q2 '25 | Q1 '24 | Q3 '24 | Q2 '24 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $705.0K | $623.0K | $897.0K | $1.49M | $1.48M | $2.15M | $4.35M | $7.51M | $2.11M | $2.82M |
| Accounts Receivable | $142.65M | $148.32M | $142.03M | $135.15M | $139.84M | $153.11M | $142.25M | $142.46M | $183.95M | $183.41M |
| Inventory | $113.41M | $107.48M | $108.47M | $112.31M | $114.70M | $115.25M | $117.66M | $126.74M | - | - |
| Accounts Payable | $114.59M | $117.18M | $114.49M | $106.47M | $97.80M | $108.70M | $88.00M | $95.16M | $127.41M | $109.86M |
| Current Assets | $395.37M | $400.76M | $389.46M | $375.44M | $394.40M | $401.16M | $367.00M | $392.73M | $409.87M | $417.42M |
| Total Assets | $2.21B | $2.23B | $2.23B | $2.23B | $2.24B | $2.24B | $2.20B | $2.21B | $2.21B | $2.22B |
| Current Liabilities | $232.27M | $242.02M | $224.95M | $220.99M | $222.29M | $217.13M | $194.31M | $200.00M | $206.32M | $187.24M |
| Long-term Debt | $477.74M | $534.75M | $566.86M | $852.37M | $879.55M | $912.57M | $952.74M | $980.00M | $1.00B | $1.06B |
| Total Liabilities | $876.44M | $911.66M | $922.95M | $1.18B | $1.21B | $1.24B | $1.26B | $1.29B | $1.32B | $1.37B |
| Stockholders' Equity | $1.34B | $1.32B | $1.30B | $1.05B | $1.03B | $999.76M | $700.77M | $921.15M | $898.08M | $853.46M |
| Retained Earnings | $883.54M | $873.59M | $858.32M | $609.16M | $594.03M | $565.51M | $576.23M | $566.24M | $547.21M | $506.04M |
Cash Flow
| Line item | Q1 '26 | Q3 '26 | Q2 '26 | Q1 '25 | Q3 '25 | Q2 '25 | Q1 '24 | Q3 '24 | Q2 '24 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $314.78M | - | - | $46.89M | - | - | $21.68M | - | - | $23.31M |
| Investing Cash Flow | ($17.12M) | - | - | ($17.03M) | - | - | ($1.30B) | - | - | ($1.31B) |
| Financing Cash Flow | ($295.51M) | - | - | ($29.55M) | - | - | $1.37B | - | - | $1.37B |
| CapEx | $20.90M | - | - | $27.40M | - | - | $17.04M | - | - | $7.81M |
| Free Cash Flow | $293.89M | - | - | $19.50M | - | - | $4.64M | - | - | $15.51M |
Ratios
| Metric | Q1 '26 | Q3 '26 | Q2 '26 | Q1 '25 | Q3 '25 | Q2 '25 | Q1 '24 | Q3 '24 | Q2 '24 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 24.7% | 23.9% | 24.3% | 24.8% | 24.2% | 25.3% | 24.8% | 23.1% | 24.4% | 26.9% |
| Operating margin | 16.5% | 16.3% | 16.4% | 16.9% | 14.5% | 16.5% | 16.8% | 13.8% | 15.3% | 12.7% |
| EBITDA margin | 21.7% | 21.7% | 21.3% | - | - | - | - | - | - | 17.5% |
| Net margin | 40.5% | 9.6% | 21.4% | 9.6% | 8.3% | 8.7% | 7.3% | 7.0% | 7.1% | 7.7% |
| Free cash flow margin | 69.6% | - | - | 4.7% | - | - | 1.2% | - | - | 4.9% |
| FCF / Net income | 1.72 | - | - | 0.49 | - | - | 0.16 | - | - | 0.64 |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 8.2% | 7.6% | 7.9% | 8.0% | 9.7% | 8.8% | 8.1% | 9.3% | 9.1% | 14.2% |
| Effective tax rate | 24.3% | 26.1% | 21.9% | 22.4% | 26.5% | 25.6% | 25.3% | 24.6% | 17.4% | 23.9% |
| Return on assets | 7.7% | 1.8% | 4.0% | 1.8% | 1.5% | 1.6% | 1.3% | 1.2% | 1.3% | 1.1% |
| Return on equity | 12.8% | 3.1% | 6.9% | 3.8% | 3.3% | 3.5% | 4.1% | 2.9% | 3.2% | 2.8% |
| Return on invested capital | 2.9% | 2.8% | 2.9% | 2.9% | 2.3% | 2.6% | 3.0% | 2.1% | 2.7% | 1.6% |
| Liquidity | ||||||||||
| Current ratio | 1.70 | 1.66 | 1.73 | 1.70 | 1.77 | 1.85 | 1.89 | 1.96 | 1.99 | 2.23 |
| Quick ratio | 1.21 | 1.21 | 1.25 | 1.19 | 1.26 | 1.32 | 1.28 | 1.33 | 1.99 | 2.23 |
| Cash ratio | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 | 0.02 | 0.04 | 0.01 | 0.02 |
| Leverage | ||||||||||
| Debt / Equity | 0.36 | 0.41 | 0.44 | 0.82 | 0.85 | 0.91 | 1.36 | 1.06 | 1.12 | 1.24 |
| Debt / Assets | 0.22 | 0.24 | 0.25 | 0.38 | 0.39 | 0.41 | 0.43 | 0.44 | 0.45 | 0.48 |
| Debt / EBITDA | 5.23 | 5.80 | 6.38 | - | - | - | - | - | - | 19.23 |
| Interest coverage | 3.7x | 5.7x | 5.0x | 3.1x | 3.0x | 3.1x | 2.3x | 2.0x | 2.2x | 5.3x |
| Equity multiplier | 1.66 | 1.69 | 1.71 | 2.13 | 2.18 | 2.24 | 3.13 | 2.40 | 2.47 | 2.60 |
| Liabilities / Assets | 0.40 | 0.41 | 0.41 | 0.53 | 0.54 | 0.55 | 0.57 | 0.58 | 0.59 | 0.62 |
| Efficiency | ||||||||||
| Asset turnover | 0.19 | 0.19 | 0.19 | 0.19 | 0.18 | 0.18 | 0.18 | 0.17 | 0.18 | 0.14 |
| Inventory turnover | 2.80 | 3.01 | 2.91 | 2.76 | 2.67 | 2.65 | 2.50 | 2.32 | - | - |
| Days sales outstanding | 123d | 127d | 124d | 119d | 126d | 137d | 133d | 136d | 168d | 213d |
| Days inventory outstanding | 130d | 121d | 125d | 132d | 137d | 138d | 146d | 158d | - | - |
| Days payable outstanding | 132d | 132d | 132d | 125d | 117d | 130d | 109d | 118d | 154d | 174d |
| Cash conversion cycle | 122d | 116d | 117d | 126d | 147d | 144d | 170d | 176d | - | - |
| Valuation | ||||||||||
| P / E | 24.0x | 77.5x | 38.3x | - | 83.2x | 70.5x | 74.3x | 53.4x | 50.6x | 42.3x |
| P / B | 3.1x | 2.4x | 2.6x | 2.5x | 2.7x | 2.5x | 3.0x | 1.6x | 1.6x | 1.2x |
| P / S | 9.7x | 7.5x | 8.2x | 6.2x | 6.9x | 6.1x | 5.4x | 3.8x | 3.6x | 3.3x |
| EV / EBITDA | 50.2x | 40.3x | 44.8x | - | - | - | - | - | - | 38.1x |
| Growth | ||||||||||
| Revenue growth (YoY) | 2.1% | 5.5% | 2.0% | 5.7% | 5.8% | 2.6% | 24.3% | 2.2% | -2.0% | 36.8% |
| Revenue CAGR (3y) | 10.3% | 4.5% | 0.9% | 21.6% | 20.3% | 23.6% | 18.3% | 19.0% | - | 6.2% |
| Revenue CAGR (5y) | 12.3% | 13.4% | - | 9.5% | 11.0% | 12.9% | - | 9.8% | 12.3% | 3.7% |
| Gross profit growth (YoY) | 1.4% | 4.3% | -2.1% | 5.8% | 10.9% | 6.4% | 14.9% | 20.6% | -4.2% | 45.8% |
| Operating income growth (YoY) | -0.3% | 18.7% | 1.2% | 6.5% | 10.8% | 10.9% | 64.1% | 16.4% | -4.9% | 29.9% |
| Net income growth (YoY) | 331.6% | 22.2% | 152.3% | 38.8% | 25.0% | 25.0% | 18.5% | - | - | 7.8% |
| EPS growth (YoY) | - | 21.4% | 150.0% | - | 21.7% | 21.6% | 2.1% | - | - | 9.1% |
| EPS CAGR (3y) | 80.7% | - | - | - | 9.6% | 15.8% | - | 6.6% | - | 5.8% |
| EPS CAGR (5y) | - | 12.3% | - | - | 5.9% | 14.9% | - | 9.3% | 17.7% | 9.9% |
| FCF growth (YoY) | 1407.3% | - | - | 320.3% | - | - | -70.1% | - | - | 334.2% |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 27.9% | 28.1% | 30.3% | 49.2% | 11.8% | 11.3% | -17.9% | 8.1% | 4.5% | 27.9% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2026-02-28.
Business segments
$1.65B totalPrecoat Metals$891.37M · 54.0%
Metal Coatings$758.71M · 46.0%
Geographic
$1.65B totalUS$1.60B · 97.2%
CA$46.23M · 2.8%
Peer comparison
Same SIC group: Coating, Engraving & Allied Services
Comparing AZZ INC against the 3 most active filers in the same SIC group.
Dividends
$0.80/share trailing 12 months · +17.6% YoY
| Ex-date | Per share |
|---|---|
| Apr 23, 2026 | $0.2000 |
| Feb 5, 2026 | $0.2000 |
| Oct 16, 2025 | $0.2000 |
| Jul 10, 2025 | $0.2000 |
| Apr 24, 2025 | $0.1700 |
| Jan 30, 2025 | $0.1700 |
| Oct 18, 2024 | $0.1700 |
| Jul 10, 2024 | $0.1700 |
| Apr 16, 2024 | $0.1700 |
| Jan 29, 2024 | $0.1700 |
| Oct 17, 2023 | $0.1700 |
| Jul 11, 2023 | $0.1700 |
| Apr 25, 2023 | $0.1700 |
| Jan 27, 2023 | $0.1700 |
| Oct 17, 2022 | $0.1700 |
| Jul 18, 2022 | $0.1700 |
| Apr 25, 2022 | $0.1700 |
| Jan 24, 2022 | $0.1700 |
| Oct 18, 2021 | $0.1700 |
| Jul 19, 2021 | $0.1700 |
| Apr 26, 2021 | $0.1700 |
| Jan 25, 2021 | $0.1700 |
| Oct 20, 2020 | $0.1700 |
| Jul 17, 2020 | $0.1700 |