Saturday 17 October 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. In the quarter to August 2026, revenue grew 16.7%, EPS fell 34.4%, free cash flow grew 115.5% and total debt fell 17.4%, each against the same quarter a year earlier. Dividend growth for ten consecutive years, revenue growth for five, operating cash flow growth for three.

129.56 1.03 −0.79%

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Market cap: $3.9B
P/E: 23.2×
Fwd P/E: 22.1×
Dividend yield: 0.49%
F-score: 7/9
Altman Z: 4.58
Beneish M: −2.72
Dividend safety: 82/100

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total sells 5.29

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	2	2	—	—	—	—	—	2	—	—

Insider Ownership 1.56%

Capital & Financial Ratios $m

Market Cap 3,910.00

Revenue 1,746.27

Net Income 167.46

Free Cash Flow 216.53

Net Debt 466.52

Current Ratio 1.79

Debt/Equity 0.33

P/E ratio 23.18

Fwd P/E 22.10

P/S ratio 2.23

P/B ratio 2.75

Past 5Y EPS Growth 47.19%

This Y EPS Growth 15.41%

Next Y EPS Growth 11.70%

Next Y revenue growth 10.18%

Next 5Y EPS Growth 10.94%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 49.70%

10-year low 10-year high

P/S against its own 10 years 82.05%

10-year low 10-year high

P/B against its own 10 years 78.62%

10-year low 10-year high

EV/Sales against its own 10 years 76.19%

10-year low 10-year high

EV/FCF against its own 10 years 52.75%

10-year low 10-year high

Dividends

Payout Ratio 0.12

Annual Dividend Rate 0.64

Annual Dividend Yield 0.49%

	total	individual payouts
2029	Powerpack
2028	Powerpack
2027	Powerpack
2026	0.77	0.20 0.20 0.24
2025	0.74	0.17 0.17 0.20 0.20
2024	0.68	0.17 0.17 0.17 0.17
2023	0.68	0.17 0.17 0.17 0.17
2022	0.68	0.17 0.17 0.17 0.17
2021	0.68	0.17 0.17 0.17 0.17
2020	0.68	0.17 0.17 0.17 0.17
2019	0.68	0.17 0.17 0.17 0.17
2018	0.68	0.17 0.17 0.17 0.17
2017	0.68	0.17 0.17 0.17 0.17
2016	0.62	0.15 0.15 0.15 0.17

predictions special payouts not included in total or ratios

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%

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.

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.

Group	Line	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026	2027e
Price, $
Price, $	Low	43.18	37.43	35.81	19.31	46.37	30.21	34.59	55.78	70.90	107.18	Analyst estimates 2027–2029 Powerpack
	High	65.85	56.05	50.36	49.46	58.59	56.93	58.75	97.98	119.95	162.20
People
People	Employees	4,183	3,650	3,884	4,343	3,883	3,885	3,837	3,873	3,684	3,767
	Revenue/emp, $m	0.00	0.00	0.00	0.24	0.00	0.00	0.00	0.40	0.43	0.44
Income, $m
Income, $m	Revenue	864	810	927	1,062	481	526	1,324	1,538	1,578	1,650
	Gross margin, %	24.54	19.75	21.57	22.34	21.57	27.57	21.00	23.64	24.25	23.94
	EBT	85	31	63	65	38	73	89	130	171	420
	EBT margin, %	9.84	3.83	6.80	6.11	6.08	13.88	6.72	8.46	10.82	25.47
	Net income	61	45	51	48	40	84	(61)	87	52	317
	Depreciation	52	51	51	51	33	33	86	92	95	103
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
	Earnings	2.35	1.74	1.97	1.84	1.53	3.38	(2.47)	3.48	1.80	10.59
	Cash flow	4.28	3.04	4.41	5.43	3.54	3.44	2.81	9.76	8.59	17.54
	Capex	0.00	0.00	0.00	(1.23)	0.00	0.00	0.00	(3.80)	(3.95)	(2.50)
	Free cash flow	4.28	3.04	4.41	4.20	3.54	3.44	2.81	5.97	4.64	15.04
	Book value	20.50	21.73	23.23	24.22	23.96	26.68	34.12	37.32	35.95	44.63
	Shares, m	26	26	26	26	26	25	25	25	29	30
Valuation, ×
Valuation, ×	P/E	25.77	23.53	23.56	20.46	34.00	14.12	0.00	20.86	59.70	12.71
	P/S	1.82	1.30	1.30	0.92	2.82	2.26	0.76	1.19	1.77	2.44
	P/B	2.95	1.86	1.99	1.55	2.18	1.78	1.63	2.60	2.67	3.01
	EV/Sales	2.17	1.65	1.32	1.08	3.18	2.68	1.57	1.81	2.32	2.74
	EV/FCF	26.52	28.10	14.02	10.42	18.61	38.04	53.92	18.64	27.12	10.03
Cash, $m
Cash, $m	Operating cash flow	111	77	110	142	109	61	91	244	250	525
	Capex	(41)	(30)	(26)	(32)	(37)	(24)	(57)	(95)	(115)	(75)
	Free cash flow	111	79	115	110	92	86	70	149	135	450
Balance, $m
Balance, $m	Working capital	160	197	214	74	188	236	230	173	154	163
	Total debt	255	287	288	203	218	241	1,085	953	852	478
	Net debt	255	287	288	166	203	229	1,082	948	851	477
	Shareholders’ equity	533	565	604	634	623	667	853	934	1,045	1,337
Returns, %
Returns, %	ROA	0.00	0.00	0.00	4.46	0.00	0.00	0.00	3.95	2.37	14.29
	ROIC	0.00	0.00	0.00	6.19	0.00	0.00	0.00	7.36	7.79	9.12
	ROE	0.00	0.00	0.00	7.79	0.00	0.00	0.00	13.21	6.01	26.63

Negative figures in brackets.

All 10 years →

Fiscal years to Feb 2026 · latest quarter Aug 2026 · fundamentals updated 15 Oct 2026

Charts ten years each

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	$5.7B	25.2×	16.5×	−3.34% (below 0%: shrinking)	−37.50% (below 0%: shrinking)	+157.37% (above 0%: growing)	86.78%	11.25%	Compare
AMTM Amentum Holdings, Inc.	$4.7B	23.5×	21.9×	−1.99% (below 0%: shrinking)	+575.00% (above 0%: growing)	+35.00% (above 0%: growing)	10.32%	4.93%	Compare
UNF Unifirst Corporation	$4.6B	39.7×	39.4×	+3.87% (above 0%: growing)	−48.20% (below 0%: shrinking)	−21.68% (below 0%: shrinking)	37.00%	3.63%	Compare
AZZ AZZ Inc.	$3.9B	23.2×	22.1×	+16.68% (above 0%: growing)	−34.39% (below 0%: shrinking)	+115.52% (above 0%: growing)	25.08%	17.21%
FA First Advantage Corporation	$3.5B	132×	67.8×	+14.88% (above 0%: growing)	+5,455.56% (above 0%: growing)	+120.17% (above 0%: growing)	45.46%	12.71%	Compare
MMS Maximus, Inc.	$3.2B	9.0×	8.1×	−5.15% (below 0%: shrinking)	+4.81% (above 0%: growing)	+30.90% (above 0%: growing)	27.27%	12.62%	Compare
CBZ CBIZ, Inc.	$3.0B	25.6×	12.1×	−0.19% (below 0%: shrinking)	−53.03% (below 0%: shrinking)	+32.13% (above 0%: growing)	10.62%	4.99%	Compare
ABM ABM Industries Incorporated	$3.0B	18.4×	12.2×	+4.19% (above 0%: growing)	+25.37% (above 0%: growing)	−13.91% (below 0%: shrinking)	12.35%	3.95%	Compare
TIC Acuren Corporation	$1.9B	— (loss-making)	— (loss-making)	+86.14% (above 0%: growing)	n/m	−102.16% (below 0%: shrinking)	34.94%	1.86%	Compare
Median of peers	$3.3B	25.2×	16.5×	+1.84%	+4.81%	+31.52%	31.11%	4.96%

All 44 Specialty Business Services stocks →

AZZ Inc. (AZZ) key facts

Strength: AZZ Inc.’s revenue for fiscal 2026 (year ended February 2026) was $1.7 billion, up 4.58% from fiscal 2025.
AZZ Inc. (AZZ) is a Specialty Business Services company in the Industrials sector, listed on the New York Stock Exchange.
As of October 16, 2026, AZZ traded at $129.56, a market capitalization of $3.9 billion.
AZZ Inc. pays an annual dividend of $0.64 per share, a yield of 0.49%, with a payout ratio of 11.5%.
Return on equity was 26.6% and debt-to-equity 0.33.
Its Piotroski F-score is 7 out of 9 and its Altman Z-score is 4.58 (safe zone) for fiscal 2026.