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AZZ AZZ Metal Coatings — Operating income (loss)

Other segment segments

Precoat Metals
$41.54M+5.5%
Infrastructure Solutions
$0+100%

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Other financials

Income statement

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Revenue$448.5M+6.3%
Gross profit$112.2M+7.7%
Operating income$77.0M+10.8%
Net income$52.0M-69.6%
EPS (diluted)$1.72-69.6%

Balance sheet

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Cash & equivalents$1.1M-65.2%
Total debt$546.5M-9.0%
Total equity$1.4B+13.3%
Total assets$2.3B+4.3%

Cash flow

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Operating cash flow$37.1M-88.2%
CapEx$18.7M-10.3%
Free cash flow$18.4M-93.7%

Valuation

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Market cap$4.53B+39.2%
Enterprise value$5.08B+30.1%
P/E22.9×+10.3×
P/S2.7×+0.7×

Profitability

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Gross margin24%-0.2pp
Operating margin16.2%+1.3pp
Net margin11.8%-4.6pp
FCF margin26.9%+18.5pp

Returns & leverage

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Return on equity15.3%-8.5pp
Debt / equity0.3×-0.1×
Current ratio1.9×+0.4×

Where this comes from

Reported directly by AZZ in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The source filing: AZZ’s 10-Q, filed July 8, 2026.

Filed
Jul 8, 2026, 4:16 PM EDT
Fiscal quarter
Q1 FY2027
Calendar quarter
Q2 2026
Accession
0000008947-26-000162
Line itemMetal CoatingsPrecoat MetalsInfrastructure Solutions(1)Total
Sales$210,305$238,225$448,530
Cost of sales147,452188,909336,361
Selling, general and administrative6,3027,78114,083
Operating income$56,551$41,53598,086
Equity in earnings of unconsolidated subsidiary509509
Income before income taxes$50998,595
Reconciliation to consolidated income before income taxes
Corporate selling, general and administrative expenses(21,053)

Item 6. [Exhibits](#i062bcb8f8c3e48a7bdcfb115c37d68be_634) [41](#i062bcb8f8c3e48a7bdcfb115c37d68be_634)

FAQ

What is AZZ's metal coatings — operating income (loss)?
AZZ (AZZ) reported metal coatings — operating income (loss) of $56.55M in Q1 2026.
How has AZZ's metal coatings — operating income (loss) changed year-over-year?
AZZ's metal coatings — operating income (loss) increased by 11.5% year-over-year, from $50.73M to $56.55M.
What is the long-term trend for AZZ's metal coatings — operating income (loss)?
Over 4 years (2022 to 2026), AZZ's metal coatings — operating income (loss) has grown at a 12.2% compound annual growth rate (CAGR), from $128.42M to $203.64M.
What does metal coatings — operating income (loss) mean?
Measures the profitability of the metal coatings segment after deducting cost of sales and operating expenses from total segment revenue. It provides a clear view of the core operational performance of the business unit, excluding interest, taxes, and non-operating items. This is the primary metric for evaluating the segment's ability to generate sustainable cash flow from its core activities.

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