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AZZ · NYSE · United States · Coating, Engraving & Allied Services
In shortAZZ INC is profitable, generates cash and carries moderate debt, with revenue growing (+4.6% last year).
Financial health
Strong
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 16.0% | 70/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 19.2% | 97/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 26.6% | 100/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 11.0% | 73/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 1.70× | 75/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.36× | 91/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | 1.34× | 76/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | 4.76× | 31/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 4.19 | 79/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 26.9% | 100/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 1.40× | 100/100 |
| Years with positive free cash flow (last 5) | 5 of 5 | 100/100 |
Weight in the score: 20%
| Profitable years (last 5) | 4 of 5 | 80/100 |
|---|---|---|
| Years of revenue decline (last 5) | 0 of 5 | 100/100 |
| Revenue growth volatility | 64.5% | 0/100 |
| Operating margin volatility | 1.1% | 99/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 7.6% | 59/100 |
|---|---|---|
| EPS growth, 3-year average | – | n/a |
Weight in the score: 10%
Fiscal year 2026 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 526 | 1,324 | 1,538 | 1,578 | 1,650 |
| Cost of revenue | 379 | 1,028 | 1,174 | 1,195 | 1,255 |
| Gross profit | 146 | 296 | 363 | 383 | 395 |
| Selling, general & admin | 67 | 122 | 142 | 146 | 130 |
| Operating income | 79 | 174 | 222 | 236 | 265 |
| Interest expense | 6.4 | 89 | 107 | 81 | 56 |
| Pre-tax income | 73 | 89 | 130 | 171 | 420 |
| Income tax | 23 | 22 | 28 | 42 | 103 |
| Net income | 84 | (53) | 102 | 129 | 317 |
| Diluted EPS | $3.35 | −$2.45 | $3.46 | $1.79 | $10.50 |
| Diluted shares (millions) | 25 | 25 | 25 | 29 | 30 |
5 older years available with the 10-year history. Essential plan, from €8.25/month →
4.19 Safe zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
7/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Aug 31, 2026 · Data updated Oct 13, 2026