Loading…
AZZ Inc. provides hot-dip galvanizing and coil coating solutions in North America. It operates through the AZZ Metal Coatings; and the AZZ Precoat Metals segments. The company offers metal coating solutions for corrosion protection, including hot-dip galvanizing, spin galvanizing, powder coating, anodizing, and plating to the steel fabrication and other industries. It also provides aesthetic and corrosion protective coatings and related value-added services for steel and aluminum coil primarily serving the construction; appliance; heating, ventilation, and air conditioning; container; transportation; and other end markets. AZZ Inc. was incorporated in 1956 and is headquartered in Fort Worth, Texas.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $1.6B | $334M | $129M | $134M | 12.3% | 2.6% | 26.8% |
| 2024 | $1.5B | $317M | $102M | $149M | 14.5% | 16.2% | -291.8% |
| 2023 | $1.3B | $252M | $-53M | $154M | -8.5% | 151.8% | -163.0% |
| 2022 | $526M | $111M | $84M | - | - | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total Revenue | 525.60 | 1,323.65 | 1,537.59 | 1,577.74 |
| Cost Of Revenue | 379.44 | 1,027.71 | 1,174.13 | 1,195.06 |
| Gross Profit | 146.15 | 295.94 | 363.46 | 382.68 |
| Operating Expense | 66.93 | 122.30 | 141.86 | 146.32 |
| Operating Income | 79.22 | 173.64 | 221.60 | 236.36 |
| EBITDA | 111.48 | 252.06 | 316.59 | 334.17 |
| EBIT | 79.39 | 177.48 | 237.17 | 251.96 |
| Pretax Income | 73.03 | 88.68 | 130.10 | 170.68 |
| Tax Provision | 23.21 | 22.34 | 28.50 | 41.85 |
| Net Income | 84.02 | -52.97 | 101.61 | 128.83 |
| Net Income Common Stockholders | 84.02 | -61.21 | 87.21 | 52.44 |
| Total Expenses | 446.38 | 1,150.01 | 1,315.99 | 1,341.38 |
| Interest Expense | 6.36 | 88.80 | 107.06 | 81.28 |
| Selling General And Administration | 66.93 | 122.30 | 141.86 | 146.32 |
| Normalized EBITDA | 111.48 | 252.06 | 316.59 | 334.17 |
| Normalized Income | 49.82 | 66.34 | 101.61 | 128.83 |
| Market Cap | 4,282.74 | 4,282.74 | 4,282.74 | 4,282.74 |
Industrials sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| AZZ Inc.this co. | AZZ | $10.3B | 33.24↑ premium | 4.10 | 12.3% | 15.44 |
| Builders FirstSource, Inc. | BLDR | $10.0B | 22.24 | 2.22 | 10.0% | 10.60 |
| Primoris Services Corporation | PRIM | $9.3B | 33.85 | 5.54 | 16.4% | 19.27 |
| Powell Industries, Inc. | POWL | $9.1B | 50.94 | 14.37 | 28.2% | 38.90 |
| A. O. Smith Corporation | AOS | $9.1B | 16.29 |
| 4.79 |
| 29.4% |
| 10.96 |
| Argan, Inc. | AGX | $9.0B | 66.17 | 19.72 | 29.8% | 62.32 |
| Zurn Elkay Water Solutions Corporation | ZWS | $8.9B | 44.40 | 5.48 | 12.3% | 24.21 |
| Armstrong World Industries, Inc. | AWI | $7.6B | 24.74 | 8.48 | 34.3% | 14.48 |
| Gates Industrial Corporation plc | GTES | $6.6B | 25.85 | 1.95 | 7.5% | 11.97 |
| Peer Median | - | 29.85 | 5.51 | 22.3% | 16.87 | |