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Segments

By segment

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Precoat Metals$10.22M+12.0%
Metal Coatings$7.27M+9.1%

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:DepreciationAmortizationAndAccretionNet.

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 itemThree Months Ended May 31, 2026Three Months Ended May 31, 2025
Net income52,006170,908
Adjustments to reconcile net income to net cash provided by operating activities:
Bad debt expense (recovery)(25)320
Depreciation and amortization23,51921,827
Deferred income taxes3,571(4,056)
Equity in earnings of unconsolidated subsidiary(509)(173,523)
Distribution on investment in AVAIL joint venture273,223
Restructuring charges3,744

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

FAQ

What is AZZ's D&A?
AZZ (AZZ) reported D&A of $23.52M in Q1 2026.
How has AZZ's D&A changed year-over-year?
AZZ's D&A increased by 7.8% year-over-year, from $21.83M to $23.52M.
What is the long-term trend for AZZ's D&A?
Over 4 years (2022 to 2026), AZZ's D&A has grown at a 29.4% compound annual growth rate (CAGR), from $32.08M to $90.06M.
What does D&A mean?
Total non-cash depreciation of tangible assets and amortization of intangible assets — the largest add-back to net income in the operating cash flow reconciliation.

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