AZZ Past Earnings Performance
Past criteria checks 2/6
AZZ has been growing earnings at an average annual rate of 41.2%, while the Building industry saw earnings growing at 9.7% annually. Revenues have been growing at an average rate of 18.5% per year. AZZ's return on equity is 14.4%, and it has net margins of 11.8%.
Key information
41.24%
Earnings growth rate
36.15%
EPS growth rate
| Building Industry Growth | 13.32% |
| Revenue growth rate | 18.53% |
| Return on equity | 14.42% |
| Net Margin | 11.83% |
| Last Earnings Update | 31 May 2026 |
Recent past performance updates
Recent updates
Seeking Alpha • Jul 10
AZZ Inc.: The Grid Boom May Not Be Enough To Justify Buying Here
Summary AZZ Inc. is a leading North American provider of metal finishing solutions for steel and aluminum products. I previously rated AZZ as a hold, citing ongoing debt reduction, rising margins, and infrastructure-driven demand. Despite operational improvements, AZZ's valuation appeared stretched relative to its forward growth profile. Core growth was slowing, and recent gains, such as from AVAIL, were one-time in nature. Read the full article on Seeking Alpha
Narrative Update • Jun 24
AZZ: Future Returns Will Depend On FY27 Cash And Acquisition Execution
Analysts raised their price targets on AZZ by $2 to $30 in recent updates, citing refreshed assumptions on discount rates, long term profit margins, and future P/E expectations to support the revised valuation range. Analyst Commentary Recent research updates on AZZ point to a tighter focus on how valuation, execution, and long term profit assumptions fit together, with several firms revisiting their models and adjusting price targets across a wide range.Narrative Update • Jun 09
AZZ: Future Upside Will Rely On Delivering FY27 Cash And M&A Plan
Analysts have raised AZZ's average price target by about $15 to $161.67, citing recent upward revisions from several firms that reflect updated views on the stock's risk profile, P/E assumptions, and long term margin and growth outlook. Analyst Commentary Recent Street research on AZZ centers on higher price targets that reflect updated assumptions around P/E, risk, and long term margin potential, rather than a change in any single data point.Narrative Update • May 26
AZZ: Future Returns Will Depend On Executing FY27 Guidance And Acquisition Pipeline
AZZ's analyst price target has moved higher, with the fair value estimate rising by about $2.89 to $161.67, as analysts factor in updated discount rate assumptions and a slightly higher future P/E multiple supported by recent target increases from several firms. Analyst Commentary Recent research updates highlight a mixed but largely constructive tone around AZZ, with several firms lifting price targets while one major bank shifted to a more neutral stance.Narrative Update • Apr 25
AZZ: Future Returns Will Hinge On Delivering FY27 Guidance And Margin Goals
Narrative Update on AZZ The updated analyst price target for AZZ has moved higher from $142.89 to $158.78, reflecting analysts' use of a slightly lower discount rate, modestly adjusted revenue growth and margin assumptions, and higher future P/E expectations supported by recent upward target revisions from several firms. Analyst Commentary Recent Street research on AZZ shows a mix of optimism and caution, with several price target increases alongside at least one rating downgrade.
New Narrative • Apr 25
U.S. Infrastructure And Data Center Demand Will Support This Metal Coating Leader
Catalysts About AZZ AZZ provides metal coating and coil coating services, with a focus on hot dip galvanizing and prepainted steel and aluminum for a wide range of infrastructure, construction, electrical and industrial end markets. What are the underlying business or industry changes driving this perspective?Narrative Update • Apr 11
AZZ: Future Returns Will Depend On Executing Against FY27 Guidance
Analysts now see AZZ’s fair value edging up from about $140 to roughly $143, reflecting updated assumptions on discount rate, revenue growth, profit margin, and future P/E following a mix of price target moves that include a $132 target tied to an Equal Weight view and a $160 target aligned with refreshed FY27 forecasts. Analyst Commentary Bullish Takeaways Bullish analysts are anchoring on the refreshed FY27 sales, adjusted EBITDA, and adjusted EPS forecasts, using that longer term guidance to justify a higher fair value framework.Narrative Update • Mar 27
AZZ: Future Upside Will Depend On Delivering Against FY27 Guidance
Analysts now see a blended price target for AZZ ranging from $125 to $160, with the change driven by updated FY27 guidance, refreshed sales, EBITDA and EPS forecasts, and a mix of ratings that include Neutral, Outperform and Equal Weight. Analyst Commentary Recent research on AZZ offers a mix of optimism on execution and growth assumptions alongside a more cautious stance on how much upside is already reflected in the share price.Narrative Update • Mar 12
AZZ: Future Fair Value Will Rely On FY27 Framework Execution
Narrative Update The analyst price target for AZZ has been nudged higher to about $140 per share from roughly $139.56, as analysts factor in updated long term forecasts, including Noble Capital's higher $160 target following new FY27 guidance, alongside more measured views from Wells Fargo and Baird. Analyst Commentary Recent research on AZZ shows a mix of enthusiasm about longer term growth targets and some hesitation around where the shares trade today, which is why you see both higher price targets and at least one rating cut.Narrative Update • Feb 25
AZZ: Future Fair Value Will Depend On FY27 Framework And Measured M&A Plans
The updated analyst price target for AZZ edges higher to about $140 from roughly $134, with analysts pointing to refreshed FY27 sales, EBITDA, and EPS forecasts along with recent commentary on internal execution as key supports for this shift. Analyst Commentary Recent research updates reflect a mix of optimism and caution around AZZ, with price targets moving higher alongside refreshed FY27 guidance and commentary on internal execution.Narrative Update • Feb 11
AZZ: Future Fair Value Will Rely On Execution And Measured M&A Plans
Analysts lifted their price target on AZZ to $125 from $120, reflecting updated assumptions around a fair value estimate of $134.33, slight changes in the discount rate and P/E, and modestly higher revenue growth and profit margin inputs following recent internal execution commentary. Analyst Commentary Bullish analysts point to recent internal execution as the key driver behind the updated fair value assumptions and the higher price target.Narrative Update • Jan 28
AZZ: Fair Value Will Depend On Execution And Measured Bolt On M&A
Analysts have raised their price target on AZZ, with one firm increasing its estimate from $120 to $125 as updated models reflect what they view as strong internal execution and slightly revised assumptions for fair value and future P/E. Analyst Commentary Recent research updates on AZZ focus on how well the company is executing internally and how that may align with current valuation assumptions, including the revised price target of $125 from $120 and updated fair value and P/E inputs.Narrative Update • Jan 12
AZZ: Fair Value View Will Rely On Ongoing Internal Execution
Narrative Update Analysts have nudged their fair value estimate for AZZ to about $129.89 from $125.89, reflecting updated assumptions around revenue growth, profit margins, and a slightly different P/E framework, following what they describe as strong internal execution. Analyst Commentary Recent research points to updated models that factor in what analysts describe as strong internal execution, with a higher fair value framework built around revised revenue and margin assumptions and a refreshed P/E view.Analysis Article • Jan 06
Here's Why We Think AZZ (NYSE:AZZ) Is Well Worth Watching
It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...Analysis Article • Nov 26
AZZ (NYSE:AZZ) Seems To Use Debt Quite Sensibly
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Narrative Update • Aug 16
St Louis Facility And Digital Systems Will Expand Production Capacity
Analysts have raised their price target for AZZ to $125.89, citing consistent execution, a stronger balance sheet, improved margins, and favorable market and policy dynamics that support sustained growth and free cash flow. Analyst Commentary Bullish analysts see AZZ as a quality franchise focused on profitable growth.Analysis Article • Jul 18
AZZ Inc.'s (NYSE:AZZ) Shares Climb 25% But Its Business Is Yet to Catch Up
AZZ Inc. ( NYSE:AZZ ) shares have continued their recent momentum with a 25% gain in the last month alone. Looking back...Analysis Article • Jul 02
Here's Why AZZ Inc.'s (NYSE:AZZ) CEO Compensation Is The Least Of Shareholders' Concerns
Key Insights AZZ to hold its Annual General Meeting on 8th of July CEO Tom Ferguson's total compensation includes...Analysis Article • Jun 30
A Look At The Fair Value Of AZZ Inc. (NYSE:AZZ)
Key Insights AZZ's estimated fair value is US$107 based on 2 Stage Free Cash Flow to Equity Current share price of...Analysis Article • Jun 13
AZZ (NYSE:AZZ) Has A Somewhat Strained Balance Sheet
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Seeking Alpha • Apr 22
AZZ Inc. Shares Are Appealing On Upbeat Guidance
Summary AZZ Inc.'s share price rose despite missing revenue and GAAP earnings expectations, driven by reaffirmed 2026 guidance and attractive valuation. The company operates through three segments: AZZ Metal Coatings, AZZ Precoat Metals, and AZZ Infrastructure Solutions, each serving distinct markets. Management reported mixed financial results for Q4 2025 but highlighted consistent revenue growth and improving profitability metrics over recent years. With optimistic 2026 guidance and strategic asset sales, AZZ stock is positioned as a soft "Buy" despite broader economic concerns. Read the full article on Seeking AlphaAnalysis Article • Apr 14
AZZ (NYSE:AZZ) Is Paying Out A Dividend Of $0.17
AZZ Inc.'s ( NYSE:AZZ ) investors are due to receive a payment of $0.17 per share on 15th of May. This payment means...Analysis Article • Apr 07
At US$77.00, Is AZZ Inc. (NYSE:AZZ) Worth Looking At Closely?
While AZZ Inc. ( NYSE:AZZ ) might not have the largest market cap around , it saw significant share price movement...Analysis Article • Mar 23
A Look At The Intrinsic Value Of AZZ Inc. (NYSE:AZZ)
Key Insights Using the 2 Stage Free Cash Flow to Equity, AZZ fair value estimate is US$96.92 Current share price of...Analysis Article • Mar 08
These 4 Measures Indicate That AZZ (NYSE:AZZ) Is Using Debt Extensively
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Seeking Alpha • Jan 31
AZZ: Tailwinds From Reshoring And Infrastructure Spending
Summary AZZ Inc. reported strong Q3'25 results with revenue growth of 5.8% and significant margin expansion, making it a compelling buy at current levels. The company’s Metal Coatings and Precoat Metals segments both showed improved profitability, with EBITDA margins exceeding targets and contributing to overall financial strength. AZZ is well-positioned for long-term growth, supported by infrastructure spending, data center expansion, and the shift from plastic to aluminum in the beverage industry. Trading at a discount to historical and peer valuations, AZZ offers good value with double-digit EPS growth potential and a favorable macroeconomic environment. Read the full article on Seeking AlphaAnalysis Article • Jan 20
AZZ (NYSE:AZZ) Is Due To Pay A Dividend Of $0.17
AZZ Inc. ( NYSE:AZZ ) has announced that it will pay a dividend of $0.17 per share on the 20th of February. The...Revenue & Expenses Breakdown
Revenue & Expenses Breakdown
How AZZ makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 May 26 | 1,677 | 198 | 100 | 0 |
| 28 Feb 26 | 1,650 | 317 | 100 | 0 |
| 30 Nov 25 | 1,617 | 322 | 106 | 0 |
| 31 Aug 25 | 1,595 | 314 | 114 | 0 |
| 31 May 25 | 1,586 | 260 | 115 | 0 |
| 28 Feb 25 | 1,578 | 52 | 114 | 0 |
| 30 Nov 24 | 1,592 | 46 | 109 | 0 |
| 31 Aug 24 | 1,570 | 36 | 103 | 0 |
| 31 May 24 | 1,560 | 25 | 106 | 0 |
| 29 Feb 24 | 1,538 | 87 | 104 | 0 |
| 30 Nov 23 | 1,508 | 77 | 95 | 0 |
| 31 Aug 23 | 1,499 | 68 | 87 | 0 |
| 31 May 23 | 1,507 | 68 | 88 | 0 |
| 28 Feb 23 | 1,324 | 58 | 97 | 0 |
| 30 Nov 22 | 1,117 | 65 | 114 | 0 |
| 31 Aug 22 | 879 | 63 | 102 | 0 |
| 31 May 22 | 604 | 54 | 81 | 0 |
| 28 Feb 22 | 526 | 50 | 65 | 0 |
| 30 Nov 21 | 591 | 55 | 67 | 0 |
| 31 Aug 21 | 683 | 62 | 76 | 0 |
| 31 May 21 | 755 | 46 | 86 | 0 |
| 28 Feb 21 | 481 | 27 | 58 | 0 |
| 30 Nov 20 | 889 | 13 | 100 | 0 |
| 31 Aug 20 | 953 | 15 | 108 | 0 |
| 31 May 20 | 986 | 32 | 112 | 0 |
| 29 Feb 20 | 1,062 | 48 | 119 | 0 |
| 30 Nov 19 | 1,019 | 68 | 129 | 0 |
| 31 Aug 19 | 967 | 61 | 122 | 0 |
| 31 May 19 | 954 | 57 | 122 | 0 |
| 28 Feb 19 | 927 | 51 | 108 | 0 |
| 30 Nov 18 | 925 | 66 | 120 | 0 |
| 31 Aug 18 | 894 | 50 | 120 | 0 |
| 31 May 18 | 867 | 49 | 116 | 0 |
| 28 Feb 18 | 810 | 45 | 112 | 0 |
| 30 Nov 17 | 794 | 34 | 105 | 0 |
| 31 Aug 17 | 814 | 51 | 103 | 0 |
| 31 May 17 | 818 | 51 | 104 | 0 |
| 28 Feb 17 | 864 | 61 | 105 | 0 |
| 30 Nov 16 | 883 | 64 | 109 | 0 |
| 31 Aug 16 | 897 | 71 | 110 | 0 |
| 31 May 16 | 911 | 78 | 110 | 0 |
| 29 Feb 16 | 889 | 76 | 107 | 0 |
| 30 Nov 15 | 868 | 77 | 112 | 0 |
| 31 Aug 15 | 850 | 73 | 113 | 0 |
Quality Earnings: AZZ has high quality earnings.
Growing Profit Margin: AZZ's current net profit margins (11.8%) are lower than last year (16.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: AZZ's earnings have grown significantly by 41.2% per year over the past 5 years.
Accelerating Growth: AZZ's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: AZZ had negative earnings growth (-23.7%) over the past year, making it difficult to compare to the Building industry average (-7.9%).
Return on Equity
High ROE: AZZ's Return on Equity (14.4%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/07/12 00:32 |
| End of Day Share Price | 2026/07/10 00:00 |
| Earnings | 2026/05/31 |
| Annual Earnings | 2026/02/28 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
AZZ Inc. is covered by 14 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ghansham Panjabi | Baird |
| Nicholas Giles | B. Riley Securities, Inc. |
| Brent Thielman | D.A. Davidson & Co. |