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AZZ AZZ Number of operating leases

Number of operating leases at other companies

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2

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$4.54B+35.5%
Enterprise value$5.08B+27.1%
P/E22.9×+10.0×
P/S2.7×+0.6×

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 azz:NumberOfOperatingLeases.

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

We are a lessee under various leases for facilities and equipment. As of May 31, 2026, we were the lessee for 161 operating leases and 158 finance leases with terms of 12 months or more. These leases are reflected in "Right-of-use assets," "Lease liability—short-term" and "Lease liability—long-term" in our consolidated balance sheets.

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

FAQ

What is AZZ's number of operating leases?
AZZ (AZZ) reported number of operating leases of 161 in Q1 2026.
How has AZZ's number of operating leases changed year-over-year?
AZZ's number of operating leases increased by 28.8% year-over-year, from 125 to 161.
What does number of operating leases mean?
This represents the total count of active operating lease agreements for assets such as equipment, vehicles, or facilities. It provides insight into the company's reliance on leased versus owned assets for its metal coating operations. A high number of leases indicates a strategy of maintaining operational flexibility through off-balance-sheet-style financing.

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