What is AZZ's precoat metals — depreciation?

AZZ (AZZ) reported precoat metals — depreciation of $10.22M in Q1 2026.

How has AZZ's precoat metals — depreciation changed year-over-year?

AZZ's precoat metals — depreciation increased by 12.0% year-over-year, from $9.12M to $10.22M.

What does precoat metals — depreciation mean?

The systematic allocation of the cost of tangible assets, such as coating lines and machinery, over their useful lives within the Precoat Metals segment. This non-cash expense reflects the ongoing capital intensity required to maintain and operate the segment's infrastructure.

AZZ (AZZ) Precoat Metals — Depreciation

Screener

Other segment segments

Metal Coatings

$7.27M+9.1%

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$20.26M+48.9%

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BOCBOB — Depreciation

$3.07M+14.9%

BOCGIG — Depreciation

$30K-30.2%

BOCLMH — Depreciation

$1.33M+3.2%

MEIAutomotive — Depreciation

$5.95M-4.4%

Other financials

Income statement

See full

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

See full

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

See full

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

See full

Gross margin24%-0.2pp

Operating margin16.2%+1.3pp

Net margin11.8%-4.6pp

FCF margin26.9%+18.5pp

Returns & leverage

See full

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:DepreciationDepletionAndAmortization.

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

Depreciation and amortization	Three Months Ended May 31, 2026	Three Months Ended May 31, 2025
Metal Coatings	$7,266	$6,660
Precoat Metals	10,222	9,123
Total reportable segment depreciation and amortization	17,488	15,783
Corporate	6,031	6,044
Consolidated depreciation and amortization	$23,519	$21,827

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

FAQ

What is AZZ's precoat metals — depreciation?: AZZ (AZZ) reported precoat metals — depreciation of $10.22M in Q1 2026.
How has AZZ's precoat metals — depreciation changed year-over-year?: AZZ's precoat metals — depreciation increased by 12.0% year-over-year, from $9.12M to $10.22M.
What does precoat metals — depreciation mean?: The systematic allocation of the cost of tangible assets, such as coating lines and machinery, over their useful lives within the Precoat Metals segment. This non-cash expense reflects the ongoing capital intensity required to maintain and operate the segment's infrastructure.