Pricing Log in Create free account
Friday 6 November 2026 Export AZZ’s income statement to Excel — free account

AZZ Inc.

AZZ Industrials Specialty Business Services

AZZ Inc.’s revenue for fiscal 2026 (year ended February 2026) was $1.7 billion, up 4.58% from fiscal 2025.

Revenue
+16.7%
EPS
−34.3%
Free cash flow
+115.5%
Total debt
−17.4%

Quarter to August 2026, against a year earlier

122.61 9.62 −7.28%
Market cap
$3.7B
P/E
21.9×
Fwd P/E
19.8×
Dividend yield
0.72%
F-score
7/9
Altman Z
4.58
Beneish M
−2.72
Dividend safety
82/100
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Insider Decisions last twelve months

Sold, $m 5.29
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell — 2 2 — — — — — 2 — — —
Insider Ownership 1.99%

Capital & Financial Ratios $m

Size
Market Cap 3,660.00
Revenue ttm 1,746.27
Net income ttm 167.46
Free cash flow ttm 216.53
Net debt Q 466.52
Valuation
P/E 21.93
Forward P/E 19.80
Price / sales 2.11
Forward P/S Powerpack
Price / FCF 16.99
Price / book 2.60
Financial health
Current ratio Q 1.79 (at or above 1.5: strong)
Debt / equity Q 0.33 (at or below 0.5: strong)
Interest coverage Q 7.75
Growth
Revenue growth Q +16.68% (above 0%: growing)
Operating income growth Q +22.38% (above 0%: growing)
EPS, this year +16.41% (at or above 15%: strong)
EPS, next year A +11.70%
Revenue, next year A +12.06% (at or above 10%: strong)
EPS, past 5 yrs +47.19% (at or above 15%: strong)
EPS, next 5 yrs A +11.10%

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

EV/Sales, ten years
EV/Sales is 2.4×, against a ten-year median of 2.0×; over the ten years it ranged from 0.9× in 2020 to 5.2× in 2022.
P/E against its own 10 years 43.52%
10-year low 10-year high
P/S against its own 10 years 79.02%
10-year low 10-year high
P/B against its own 10 years 73.41%
10-year low 10-year high
EV/Sales against its own 10 years 73.52%
10-year low 10-year high
EV/FCF against its own 10 years 48.44%
10-year low 10-year high

Dividends raised 2 years running

Yield
0.72%
Annual rate
0.88
Payout ratio
15.9%
Growth, 2018–26
+3.28%/yr
  1. 0.68 ’18
  2. 0.68 ’19 +0
  3. 0.68 ’20 +0
  4. 0.68 ’21 +0
  5. 0.68 ’22 +0
  6. 0.68 ’23 +0
  7. 0.68 ’24 +0
  8. 0.74 ’25 +9
  9. 0.88 ’26 +19
paid change on the year, % Powerpack

Assets vs Liabilities $m

2024 2025 2026 Q'26
Cash 4 1 1 2
Receivables 158 148 162 199
Inventory 118 112 113 134
Other 79 107 113 107
367 375 395 455
2024 2025 2026 Q'26
Payables 88 106 115 126
ST’ Debt — — — —
Other — — — —
194 221 232 254

Compound Annual Growth %

10y 5y 3y
Sales 6.38% 27.98% 7.62%
Cash Flow 13.85% 36.94% 79.12%
Earnings 15.43% 51.60% 0.00%
Book Value 10.69% 16.49% 16.14%

Earnings Trends EPS, adjusted, against the consensus

Q2 FY27 Estimate 1.82 Actual 2.00

Earnings per share against the consensus, by quarter
Quarter Estimate Reported Result
Q3 FY26 1.43 1.52 Beat by 0.09
Q4 FY26 1.19 1.34 Beat by 0.15
Q1 FY27 1.63 1.85 Beat by 0.22
Q2 FY27 1.82 2.00 Beat by 0.18
Q3 FY27 1.82 — Reports 6 January 2027

EPS $

May Aug Nov Feb Year
’26 1.72 1.94 — — —
’26 5.66 2.95 1.36 0.53 10.50
’25 (1.38) 1.18 1.12 0.67 1.79
’24 0.98 0.97 0.92 0.56 3.46
’23 0.96 (1.91) (0.97) (0.10) (2.45)
’22 0.88 0.76 0.85 0.87 3.35
’21 0.21 (0.07) 0.76 0.63 1.52
Fiscal quarters ending in the months shown.

Revenue $m

May Aug Nov Feb Year
’26 449 487 — — —
’26 422 417 426 385 1,650
’25 413 409 404 352 1,578
’24 391 399 382 367 1,538
’23 207 407 373 337 1,324
’22 230 131 135 29 526
’21 213 203 227 (163) 481
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

May Aug Nov Feb Year
’26 37 103 — — —
’26 315 58 80 73 525
’25 72 47 66 64 250
’24 47 71 63 64 244
’23 22 20 27 23 91
’22 11 20 15 15 61
’21 (11) 43 27 50 109
Fiscal quarters ending in the months shown.

Free Cash Flow $m

May Aug Nov Feb Year
’26 18 84 — — —
’26 298 39 61 52 450
’25 45 16 40 34 135
’24 30 46 38 35 149
’23 — — — — 70
’23 15 8 10 5 38
’22 — — — — 86
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1.9
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to February

Ten-year view Analyst estimates Powerpack
Group Line 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 TTM Aug ’26 Trend 10 yrs 2027e 2028e 2029e Next 3/yr
Income, $m
Income, $m Revenue 864 810 927 1,062 481 526 1,324 1,538 1,578 1,650 1,746 +7.5% 1,849 1,933 2,003 +6.7%
Gross margin, % 24.54 19.75 21.57 22.34 21.57 27.57 21.00 23.64 24.25 23.94 24.27 (0.6) pt
EBT 85 31 63 65 38 73 89 130 171 420 226 +19.4%
EBT margin, % 9.84 3.83 6.80 6.11 6.08 13.88 6.72 8.46 10.82 25.47 12.94 +15.6 pt
Net income 61 45 51 48 40 84 (61) 102 129 317 167 +20.0%
Per share, $
Per share, $ Revenue 33.23 31.15 35.65 40.54 32.27 21.04 52.96 61.40 54.24 55.09 58.21 +5.8%
Earnings 2.35 1.74 1.97 1.84 1.53 3.38 (2.47) 3.48 1.80 10.59 5.59 +18.2%
Cash flow 4.28 3.04 4.41 5.43 3.54 3.44 2.81 9.76 8.59 17.54 9.74 +17.0%
Capex 0.00 0.00 0.00 (1.23) 0.00 0.00 0.00 (3.80) (3.95) (2.50) (2.52) n/m
Free cash flow 4.28 3.04 4.41 4.20 3.54 3.44 2.81 5.97 4.64 15.04 7.22 +15.0%
Book value 20.50 21.73 23.23 24.22 23.96 26.68 34.12 37.32 35.95 44.63 47.17 +9.0%
Shares, m 26 26 26 26 26 25 25 25 29 30 30 +1.6%
Valuation, ×
Valuation, × P/E 25.77 23.53 23.56 20.46 34.00 14.12 0.00 20.86 59.70 12.71 21.93 23.5
P/S 1.82 1.30 1.30 0.92 2.82 2.26 0.76 1.19 1.77 2.44 2.11 1.7
P/B 2.95 1.86 1.99 1.55 2.18 1.78 1.63 2.60 2.67 3.01 2.60 2.2
EV/Sales 2.17 1.65 1.32 1.08 3.18 2.68 1.57 1.81 2.32 2.74 2.38 2.1
EV/FCF 26.52 28.10 14.02 10.42 18.61 38.04 53.92 18.64 27.12 10.03 19.20 24.5
Cash, $m
Cash, $m Operating cash flow 111 77 110 142 109 61 91 244 250 525 292 +18.8%
Capex (41) (30) (26) (32) (37) (24) (57) (95) (115) (75) (76) +6.8%
Free cash flow 111 79 115 110 92 86 70 149 135 450 217 +16.8%
Balance, $m
Balance, $m Working capital 160 197 214 74 188 236 230 173 154 163 201 +0.2%
Net debt 255 287 288 166 203 229 1,082 948 851 477 467 +7.2%
Shareholders’ equity 533 565 604 634 623 667 853 934 1,045 1,337 1,415 +10.8%
Returns, %
Returns, % ROA 0.00 0.00 0.00 4.46 0.00 0.00 0.00 3.95 2.37 14.29 7.34 +14.3 pt
ROIC 0.00 0.00 0.00 6.19 0.00 0.00 0.00 7.36 7.79 9.12 9.55 +9.1 pt
ROE 0.00 0.00 0.00 7.79 0.00 0.00 0.00 13.21 6.01 26.63 12.32 +26.6 pt
People
People Employees 4,183 3,650 3,884 4,343 3,883 3,885 3,837 3,873 3,684 3,767 — (1.2%)
Revenue/emp, $m 0.00 0.00 0.00 0.24 0.00 0.00 0.00 0.40 0.43 0.44 — n/m
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Feb 2026 · latest quarter Aug 2026 · fundamentals updated 2 Nov 2026

AZZ Inc. vs peers in Specialty Business Services (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
DLB Dolby Laboratories $6.1B 27.2× 20.0× −3.34% (below 0%: shrinking) −37.50% (below 0%: shrinking) +157.37% (above 0%: growing) 86.78% 11.25% Compare
AMTM Amentum Holdings, Inc. $5.2B 25.6× 21.0× −1.99% (below 0%: shrinking) +575.00% (above 0%: growing) +35.00% (above 0%: growing) 10.32% 4.93% Compare
UNF Unifirst Corporation $4.2B 38.5× 40.0× +4.97% (above 0%: growing) −13.79% (below 0%: shrinking) −31.08% (below 0%: shrinking) 37.38% 6.46% Compare
FA First Advantage Corporation $4.0B 92.5× 74.9× +13.84% (above 0%: growing) +705.37% (above 0%: growing) −30.88% (below 0%: shrinking) 0.00% 12.90% Compare
AZZ AZZ Inc. $3.7B 21.9× 19.8× +16.68% (above 0%: growing) −34.34% (below 0%: shrinking) +115.52% (above 0%: growing) 25.08% 17.21%
MMS Maximus, Inc. $3.6B 10.2× 9.1× −5.15% (below 0%: shrinking) +4.81% (above 0%: growing) +30.90% (above 0%: growing) 27.27% 12.62% Compare
ABM ABM Industries Incorporated $3.2B 19.3× 15.7× +4.19% (above 0%: growing) +25.37% (above 0%: growing) −13.91% (below 0%: shrinking) 12.35% 3.95% Compare
TIC Acuren Corporation $2.1B — (loss-making) — (loss-making) +34.97% (above 0%: growing) n/m +186.55% (above 0%: growing) 35.38% 2.50% Compare
CMPR Cimpress plc $1.5B 17.6× 11.4× +8.20% (above 0%: growing) n/m +47.91% (above 0%: growing) 43.70% 2.79% Compare
Median of peers $3.8B 25.6× 20.0× +4.58% +15.09% +32.95% 31.33% 5.70%

All 45 Specialty Business Services stocks →

Pay and ownership Proxy statement filed 26 May 2026

Chief executive’s pay

Year Total pay Actually paid $100 invested
2026 5.51m 10.43m 266.20
2025 5.41m 8.46m 208.80
2024 4.38m 6.28m 158.20
2023 4.23m 3.98m 88.30
2022 4.14m 5.41m 107.00

Ownership

Directors and executive officers, together 1.70%
BlackRock, Inc. 14.20%
Capital International Investors 6.50%
FMR LLC 6.00%
Vanguard Portfolio Management 6.00%
T. Rowe Price Investment Management, Inc. 5.90%
Vanguard Capital Management 5.20%
Total pay is as the Summary Compensation Table states it; actually paid revalues the year’s share awards at its end, as the SEC’s pay-versus-performance rule asks. $100 invested is what $100 in the company’s shares at the start of the earliest year shown was worth at each year’s end. Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

AZZ Inc. (AZZ) Latest News

28 Oct

Impact 3 · · StockStory

22 Oct

Impact 3 · · Zacks

19 Oct

Impact 4 · · StockStory
Impact 4 · · The Motley Fool
Impact 3 · · Zacks

15 Oct

Impact 4 · · Simply Wall St.
Impact 4 · · StockStory
Impact 3 · · Simply Wall St.

14 Oct

Impact 4 · · MarketBeat
Impact 4 · · The Motley Fool transcript

13 Oct

Impact 4 · · Associated Press
Impact 4 · · StockStory
Impact 4 · · PR Newswire
Impact 3 · · Zacks

12 Oct

Impact 3 · · StockStory

8 Oct

Impact 3 · · Zacks

6 Oct

Impact 3 · · Zacks

5 Oct

Impact 3 · · StockStory

4 Oct

Impact 4 · · Simply Wall St.

2 Oct

Impact 3 · · Zacks

28 Sep

Impact 3 · · Zacks

27 Sep

Impact 4 · · MarketBeat
Impact 3 · · Simply Wall St.

24 Sep

Impact 4 · · Investing.com

23 Sep

Impact 3 · · PR Newswire

22 Sep

Impact 3 · · Zacks
Impact 3 ·

21 Sep

Impact 3 · · StockStory

3 Sep

Impact 3 ·

28 Aug

Impact 4 · · MarketBeat

AZZ metrics, ten years each

stockrow.com/AZZ · Data as of Nov 2, 2026 · For information only; not investment advice. · © 2026 stockrow.com