AZZ, Inc. (AZZ)

NYSE Industrials Heavy Electrical Equipment S&P SmallCap 600

$125.71

+3.49 (+2.86%)

Close of Nov 06, 2026 · end-of-day data

Source: AZZ, Inc.'s 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 06, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD

Fiscal year	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
Revenue	$863.54M	$810.43M	$927.09M	$1.06B	$480.57M	$525.60M	$1.32B	$1.54B	$1.58B	$1.65B
Cost of revenue	$658.21M	$650.12M	$728.47M	$824.59M	$357.68M	$379.44M	$1.03B	$1.17B	$1.20B	$1.26B
Gross profit	$205.33M	$160.31M	$198.62M	$237.23M	$122.90M	$146.15M	$295.94M	$363.46M	$382.68M	$394.95M
Selling, general & admin	$106.42M	$112.06M	$121.67M	$139.25M	$59.32M	$66.93M	$122.31M	$141.86M	$146.32M	$130.34M
Operating income	$98.91M	$48.25M	$76.96M	$79.34M	$47.48M	$79.22M	$173.64M	$221.60M	$236.36M	$264.62M
Interest expense	$14.73M	$13.86M	$14.97M	$13.46M	$9.46M	$6.36M	$88.80M	$107.06M	$81.28M	$55.65M
Pre-tax income	$85.30M	$30.90M	$63.01M	$64.89M	$38.43M	$73.03M	$88.67M	$130.10M	$170.68M	$420.31M
Income tax	$24.03M	-$14.27M	$11.80M	$16.66M	$11.25M	$23.21M	$22.34M	$28.50M	$41.85M	$103.06M
Net income	$61.26M	$45.17M	$51.21M	$48.23M	$39.61M	$84.02M	-$52.97M	$101.61M	$128.83M	$317.26M
EBITDA	$149.26M	$98.77M	$127.20M	$129.54M	$79.57M	$111.30M	$248.23M	$301.02M	$318.57M	$354.67M
EPS (basic)	$2.36	$1.74	$1.97	$1.84	$1.53	$3.38	$-2.47	$3.48	$1.80	$10.59
EPS (diluted)	$2.35	$1.73	$1.96	$1.84	$1.52	$3.35	$-2.45	$3.46	$1.79	$10.50
Diluted shares	26.10M	26.04M	26.11M	26.28M	26.05M	25.08M	24.98M	25.21M	29.34M	30.21M
Gross margin	23.8%	19.8%	21.4%	22.3%	25.6%	27.8%	22.4%	23.6%	24.3%	23.9%
Operating margin	11.5%	6.0%	8.3%	7.5%	9.9%	15.1%	13.1%	14.4%	15.0%	16.0%
Net margin	7.1%	5.6%	5.5%	4.5%	8.2%	16.0%	-4.0%	6.6%	8.2%	19.2%

Balance sheet

fiscal years · USD

Fiscal year	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
Cash & equivalents	$11.30M	$20.85M	$24.00M	$36.69M	$14.84M	$12.08M	$2.82M	$4.35M	$1.49M	$705.00K
Receivables	$138.47M	$141.49M	$144.89M	$139.21M	$128.76M	$85.11M	$156.44M	$142.20M	$135.10M	$142.65M
Inventory	$94.01M	$110.76M	$124.85M	$99.84M	—	—	$143.92M	$117.66M	$112.31M	$113.41M
Total current assets	$297.05M	$329.15M	$378.55M	$354.56M	$305.06M	$386.53M	$417.42M	$367.00M	$375.44M	$395.37M
Goodwill	$306.58M	$321.31M	$323.76M	$356.23M	$353.88M	$190.39M	$702.51M	$705.47M	$703.86M	$714.75M
Total assets	$978.35M	$1.03B	$1.09B	$1.07B	$999.23M	$1.13B	$2.22B	$2.20B	$2.23B	$2.21B
Total current liabilities	$136.77M	$131.74M	$164.77M	$280.61M	$116.63M	$150.53M	$187.24M	$194.31M	$220.99M	$232.27M
Short-term debt	$16.63M	$14.29M	$0	$125.00M	$0	$0	$0	—	—	—
Long-term debt	$254.80M	$286.61M	$240.75M	$77.88M	$178.42M	$226.48M	$1.06B	$952.74M	$852.37M	$477.74M
Total debt	$271.43M	$300.89M	$240.75M	$202.88M	$178.42M	$226.48M	$1.06B	$952.74M	$852.37M	$477.74M
Total liabilities	$445.22M	$463.01M	$484.84M	$439.46M	$375.94M	$465.66M	$1.37B	$1.26B	$1.18B	$876.44M
Shareholders' equity	$533.14M	$565.20M	$603.73M	$634.37M	$623.29M	$667.37M	$619.74M	$700.77M	$1.05B	$1.34B

Cash flow

fiscal years · USD

Fiscal year	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
Operating cash flow	$111.18M	$76.81M	$110.47M	$142.31M	$92.03M	$86.01M	$91.43M	$244.47M	$249.91M	$525.45M
Capital expenditures	$41.43M	$29.61M	$24.61M	$32.59M	$27.18M	$23.59M	$57.12M	$95.12M	$115.88M	$80.78M
Free cash flow	$69.74M	$47.20M	$85.86M	$109.72M	$64.86M	$62.42M	$34.31M	$149.35M	$134.03M	$444.67M
Investing cash flow	-$63.34M	-$73.94M	-$31.07M	-$69.30M	-$28.59M	-$86.83M	-$1.23B	-$95.06M	-$115.00M	-$91.48M
Financing cash flow	-$76.62M	$5.90M	-$74.81M	-$59.74M	-$88.42M	$912.00K	$1.03B	-$147.89M	-$138.69M	-$434.12M
Dividends paid	$16.64M	$17.68M	$17.72M	$17.82M	$17.64M	$16.87M	$22.74M	$31.42M	$23.11M	$23.07M
Share buybacks	$5.28M	$7.52M	$0	$5.80M	$48.31M	$30.82M	$0	$0	$0	$20.00M
Stock-based compensation	$5.87M	$6.12M	$4.66M	$6.29M	$7.33M	$9.45M	$8.38M	$9.51M	$13.26M	$14.83M
Depreciation & amortization	$50.36M	$50.53M	$50.24M	$50.19M	$32.09M	$32.08M	$74.59M	$79.42M	$82.20M	$90.06M

Income statement

quarters · USD

Quarter ended	Nov 2023	Feb 2024	May 2024	Aug 2024	Nov 2024	Feb 2025	May 2025	Aug 2025	Nov 2025	Feb 2026	May 2026	Aug 2026
Revenue	$381.61M	$1.54B	$413.21M	$409.01M	$403.65M	$351.88M	$421.96M	$417.27M	$425.75M	$385.10M	$448.53M	$486.89M
Cost of revenue	$293.46M	$1.17B	$310.54M	$305.49M	$305.88M	$273.16M	$317.83M	$315.98M	$323.81M	$297.50M	$336.36M	$364.77M
Gross profit	$88.15M	$363.46M	$102.67M	$103.51M	$97.78M	$78.72M	$104.13M	$101.29M	$101.94M	$87.59M	$112.17M	$122.13M
Selling, general & admin	$35.33M	$141.86M	$32.92M	$35.87M	$39.24M	$38.28M	$34.58M	$32.83M	$32.46M	$30.46M	$35.14M	$38.34M
Operating income	$52.82M	$221.60M	$69.75M	$67.65M	$58.53M	$40.43M	$69.55M	$68.46M	$69.48M	$57.13M	$77.03M	$83.78M
Interest expense	$25.86M	$107.06M	$22.77M	$21.91M	$19.22M	$17.38M	$18.56M	$13.66M	$12.21M	$11.22M	$11.26M	$10.81M
Pre-tax income	$35.67M	$130.10M	$51.00M	$47.63M	$45.72M	$26.33M	$225.84M	$114.33M	$55.56M	$24.59M	$66.02M	$79.79M
Income tax	$8.78M	$28.50M	$11.40M	$12.21M	$12.11M	$6.12M	$54.93M	$24.98M	$14.48M	$8.66M	$14.01M	$21.34M
Net income	$26.89M	$17.86M	$39.60M	$35.42M	$33.60M	$20.21M	$170.91M	$89.35M	$41.08M	$15.93M	$52.01M	$58.45M
EBITDA	$73.18M	$241.99M	$90.07M	$88.08M	$79.17M	$61.26M	$91.38M	$90.83M	$92.26M	$80.21M	$100.55M	$107.95M
EPS (basic)	$0.93	$0.57	$-1.38	$1.19	$1.12	$0.68	$5.71	$2.97	$1.37	$0.54	$1.74	$1.95
EPS (diluted)	$0.92	$0.60	$-1.38	$1.18	$1.12	$0.68	$5.66	$2.95	$1.36	$0.53	$1.72	$1.94
Diluted shares	29.33M	-4.07M	26.75M	30.06M	30.12M	268.00K	30.22M	30.24M	30.20M	-20.00K	30.16M	30.12M
Gross margin	23.1%	23.6%	24.8%	25.3%	24.2%	22.4%	24.7%	24.3%	23.9%	22.7%	25.0%	25.1%
Operating margin	13.8%	14.4%	16.9%	16.5%	14.5%	11.5%	16.5%	16.4%	16.3%	14.8%	17.2%	17.2%
Net margin	7.0%	1.2%	9.6%	8.7%	8.3%	5.7%	40.5%	21.4%	9.6%	4.1%	11.6%	12.0%

Balance sheet

quarters · USD

Quarter ended	Nov 2023	Feb 2024	May 2024	Aug 2024	Nov 2024	Feb 2025	May 2025	Aug 2025	Nov 2025	Feb 2026	May 2026	Aug 2026
Cash & equivalents	$7.51M	$4.35M	$10.55M	$2.15M	$1.48M	$1.49M	$3.04M	$897.00K	$623.00K	$705.00K	$1.06M	$1.95M
Receivables	$142.46M	$142.20M	$144.39M	$153.11M	$139.84M	$135.10M	$153.50M	$142.03M	$148.32M	$142.65M	$163.87M	$179.06M
Inventory	$126.74M	$117.66M	$113.99M	$115.25M	$114.70M	$112.31M	$110.76M	$108.47M	$107.48M	$113.41M	$121.20M	$134.02M
Total current assets	$392.73M	$367.00M	$396.34M	$401.16M	$394.40M	$375.44M	$407.94M	$389.46M	$400.76M	$395.37M	$440.05M	$455.39M
Goodwill	$705.49M	$705.47M	$705.20M	$705.72M	$704.57M	$703.86M	$704.87M	$715.86M	$714.00M	$714.75M	$714.46M	$740.21M
Total assets	$2.21B	$2.20B	$2.24B	$2.24B	$2.24B	$2.23B	$2.16B	$2.23B	$2.23B	$2.21B	$2.25B	$2.34B
Total current liabilities	$200.00M	$194.31M	$223.87M	$217.13M	$222.29M	$220.99M	$270.10M	$224.95M	$242.02M	$232.27M	$228.85M	$254.02M
Short-term debt	$0	—	—	—	—	—	—	—	—	—	—	—
Long-term debt	$980.00M	$952.74M	$929.80M	$912.57M	$879.55M	$852.37M	$569.81M	$566.86M	$534.75M	$477.74M	$480.60M	$468.47M
Total debt	$980.00M	$952.74M	$929.80M	$912.57M	$879.55M	$852.37M	$569.81M	$566.86M	$534.75M	$477.74M	$480.60M	$468.47M
Total liabilities	$1.29B	$1.26B	$1.27B	$1.24B	$1.21B	$1.18B	$944.89M	$922.95M	$911.66M	$876.44M	$876.28M	$922.88M
Shareholders' equity	$687.43M	$700.77M	$967.23M	$999.76M	$1.03B	$1.05B	$1.21B	$1.30B	$1.32B	$1.34B	$1.38B	$1.42B

Cash flow

quarters · USD

Quarter ended	Nov 2023	Feb 2024	May 2024	Aug 2024	Nov 2024	Feb 2025	May 2025	Aug 2025	Nov 2025	Feb 2026	May 2026	Aug 2026
Operating cash flow	$62.59M	$63.54M	$71.94M	$47.49M	$66.17M	$64.31M	$314.78M	$58.39M	$79.70M	$72.57M	$37.15M	$102.84M
Capital expenditures	$24.17M	$28.22M	$27.40M	$32.10M	$26.44M	$29.94M	$20.90M	$19.28M	$18.55M	$22.05M	$18.75M	$18.47M
Free cash flow	$38.41M	$35.32M	$44.55M	$15.38M	$39.73M	$34.37M	$293.89M	$39.11M	$61.16M	$50.52M	$18.40M	$84.37M
Investing cash flow	-$24.15M	-$28.21M	-$27.38M	-$31.36M	-$26.36M	-$29.90M	-$17.12M	-$49.37M	-$18.50M	-$6.49M	-$18.70M	-$60.20M
Financing cash flow	-$33.06M	-$38.44M	-$38.54M	-$24.21M	-$41.16M	-$34.78M	-$295.51M	-$11.10M	-$61.71M	-$65.80M	-$18.17M	-$41.81M
Dividends paid	$7.86M	$7.87M	$7.87M	$5.08M	$5.08M	$5.09M	$5.08M	$6.01M	$6.00M	$5.98M	$5.98M	$7.21M
Share buybacks	—	—	—	—	—	$0	—	—	$20.00M	$0	—	—
Stock-based compensation	$2.19M	$3.30M	$2.54M	$4.91M	$3.80M	$2.02M	$5.09M	$4.35M	$2.47M	$2.93M	$3.78M	$4.87M
Depreciation & amortization	$20.36M	$20.39M	$20.32M	$20.43M	$20.63M	$20.82M	$21.83M	$22.37M	$22.78M	$23.08M	$23.52M	$24.17M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.