For the twelve months ended Aug 31, 2026, AZZ Inc. reported $1.75B of revenue and $167.46M of net income.
AZZ revenue was $486.89M in fiscal Q2 2026 (ended Aug 31, 2026), up 16.7% from a year earlier and up 8.6% from the prior quarter. For the full fiscal 2025 it was $1.65B, up 4.6% from fiscal 2024. Compound annual growth was +28.0% over 5 years and +6.4% over 10 years. It rose in 7 of the last 10 fiscal years. Fiscal 2025 is the highest of the 15 fiscal years on file.
AZZ net income was $58.45M in fiscal Q2 2026 (ended Aug 31, 2026), down 34.6% from a year earlier and up 12.4% from the prior quarter. For the full fiscal 2025 it was $317.26M, up 146.3% from fiscal 2024. Compound annual growth was +51.6% over 5 years and +15.4% over 10 years. Fiscal 2025 is the highest of the 15 fiscal years on file.
AZZ diluted EPS was $1.94 in fiscal Q2 2026 (ended Aug 31, 2026), down 34.2% from a year earlier and up 12.8% from the prior quarter. For the full fiscal 2025 it was $10.50, up 486.6% from fiscal 2024. Compound annual growth was +47.2% over 5 years and +13.7% over 10 years.
AZZ free cash flow was $84.37M in fiscal Q2 2026 (ended Aug 31, 2026), up 115.7% from a year earlier and up 358.5% from the prior quarter. For the full fiscal 2025 it was $444.67M, up 231.8% from fiscal 2024. Compound annual growth was +40.3% over 5 years and +15.7% over 10 years. It rose in 4 of the last 10 fiscal years. Fiscal 2025 is the highest of the 15 fiscal years on file.
| Line item | Feb 28, 2026 | Feb 28, 2025 | Feb 29, 2024 | Feb 28, 2023 | Feb 28, 2022 | Feb 28, 2021 | Feb 29, 2020 | Feb 28, 2019 | Feb 28, 2018 | Feb 28, 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.65B | $1.58B | $1.54B | $1.32B | $525.60M | $480.57M | $1.06B | $927.09M | $810.43M | $863.54M |
| Cost of revenue | $1.26B | $1.20B | $1.17B | $1.03B | $379.44M | $357.68M | $824.59M | $728.47M | $650.12M | $658.21M |
| Gross profit | $394.95M | $382.68M | $363.46M | $295.94M | $146.15M | $122.90M | $237.23M | $198.62M | $160.31M | $205.33M |
| Selling, general and admin | $130.34M | $146.32M | $141.86M | $122.31M | $66.93M | $59.32M | $139.25M | $121.67M | $112.06M | $106.42M |
| Operating income | $264.62M | $236.36M | $221.60M | $173.64M | $79.22M | $47.48M | $79.34M | $76.96M | $48.25M | $98.91M |
| Interest expense | $55.65M | $81.28M | $107.06M | $88.80M | $6.36M | $9.46M | $13.46M | $14.97M | $13.86M | $14.73M |
| Pre-tax income | $420.31M | $170.68M | $130.10M | $88.67M | $73.03M | $38.43M | $64.89M | $63.01M | $30.90M | $85.30M |
| Income tax | $103.06M | $41.85M | $28.50M | $22.34M | $23.21M | $11.25M | $16.66M | $11.80M | -$14.27M | $24.03M |
| Net income | $317.26M | $128.83M | $101.61M | -$52.97M | $84.02M | $39.61M | $48.23M | $51.21M | $45.17M | $61.26M |
| EPS, basic | $10.59 | $1.80 | $3.48 | -$2.47 | $3.38 | $1.53 | $1.84 | $1.97 | $1.74 | $2.36 |
| EPS, diluted | $10.50 | $1.79 | $3.46 | -$2.45 | $3.35 | $1.52 | $1.84 | $1.96 | $1.73 | $2.35 |
| Diluted shares | 30.2M | 29.3M | 25.2M | 25.0M | 25.1M | 26.0M | 26.3M | 26.1M | 26.0M | 26.1M |
| Line item | Feb 28, 2026 | Feb 28, 2025 | Feb 29, 2024 | Feb 28, 2023 | Feb 28, 2022 | Feb 28, 2021 | Feb 29, 2020 | Feb 28, 2019 | Feb 28, 2018 | Feb 28, 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $705.0K | $1.49M | $4.35M | $2.82M | $12.08M | $11.84M | $36.69M | $24.00M | $20.85M | $11.30M |
| Receivables | $142.65M | $135.10M | $142.20M | $156.44M | $85.11M | $128.76M | $139.21M | $144.89M | $141.49M | $138.47M |
| Inventory | $113.41M | $112.31M | $117.66M | $143.92M | - | - | $99.84M | $124.85M | $110.76M | $94.01M |
| Current assets | $395.37M | $375.44M | $367.00M | $417.42M | $386.53M | $305.06M | $354.56M | $378.55M | $329.15M | $297.05M |
| Goodwill | $714.75M | $703.86M | $705.47M | $702.51M | $190.39M | $353.88M | $356.23M | $323.76M | $321.31M | $306.58M |
| Total assets | $2.21B | $2.23B | $2.20B | $2.22B | $1.13B | $999.23M | $1.07B | $1.09B | $1.03B | $978.35M |
| Current liabilities | $232.27M | $220.99M | $194.31M | $187.24M | $150.53M | $116.63M | $280.61M | $164.77M | $131.74M | $136.77M |
| Short-term debt | - | - | - | $0 | $0 | $0 | $125.00M | $0 | $14.29M | $16.63M |
| Long-term debt | $477.74M | $852.37M | $952.74M | $1.06B | $226.48M | $178.42M | $77.88M | $240.75M | $286.61M | $254.80M |
| Total debt | $477.74M | $852.37M | $952.74M | $1.06B | $226.48M | $178.42M | $202.88M | $240.75M | $300.89M | $271.43M |
| Total liabilities | $876.44M | $1.18B | $1.26B | $1.37B | $465.66M | $375.94M | $439.46M | $484.84M | $463.01M | $445.22M |
| Shareholders' equity | $1.34B | $1.05B | $700.77M | $619.74M | $667.37M | $623.29M | $634.37M | $603.73M | $565.20M | $533.14M |
| Line item | Feb 28, 2026 | Feb 28, 2025 | Feb 29, 2024 | Feb 28, 2023 | Feb 28, 2022 | Feb 28, 2021 | Feb 29, 2020 | Feb 28, 2019 | Feb 28, 2018 | Feb 28, 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $525.45M | $249.91M | $244.47M | $91.43M | $60.60M | $109.11M | $142.31M | $110.47M | $76.81M | $111.18M |
| Capital expenditures | $80.78M | $115.88M | $95.12M | $57.12M | $23.59M | $27.18M | $32.59M | $24.61M | $29.61M | $41.43M |
| Free cash flow | $444.67M | $134.03M | $149.35M | $34.31M | $37.01M | $81.93M | $109.72M | $85.86M | $47.20M | $69.74M |
| Investing cash flow | -$91.48M | -$115.00M | -$95.06M | -$1.23B | -$82.14M | -$19.07M | -$69.30M | -$31.07M | -$73.94M | -$63.34M |
| Financing cash flow | -$434.12M | -$138.69M | -$147.89M | $1.03B | $912.0K | -$88.42M | -$59.74M | -$74.81M | $5.90M | -$76.62M |
| Dividends paid | $23.07M | $23.11M | $31.42M | $22.74M | $16.87M | $17.64M | $17.82M | $17.72M | $17.68M | $16.64M |
| Share repurchases | $20.00M | $0 | $0 | $0 | $30.82M | $48.31M | $5.80M | $0 | $7.52M | $5.28M |
| Stock-based compensation | $14.83M | $13.26M | $9.51M | $8.38M | $9.45M | $7.33M | $6.29M | $4.66M | $6.12M | $5.87M |
| Depreciation and amortization | $90.06M | $82.20M | $79.42M | $74.59M | $32.08M | $32.09M | $50.19M | $50.24M | $50.53M | $50.36M |
| Line item | Feb 28, 2026 | Feb 28, 2025 | Feb 29, 2024 | Feb 28, 2023 | Feb 28, 2022 | Feb 28, 2021 | Feb 29, 2020 | Feb 28, 2019 | Feb 28, 2018 | Feb 28, 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue growth, YoY | 4.6% | 2.6% | 16.2% | 151.8% | 9.4% | -54.7% | 14.5% | 14.4% | -6.2% | -2.9% |
| Net income growth, YoY | 146.3% | 26.8% | - | - | 112.1% | -17.9% | -5.8% | 13.4% | -26.3% | -18.9% |
| EPS growth, YoY | 486.6% | -48.3% | - | - | 120.4% | -17.4% | -6.1% | 13.3% | -26.4% | -19.2% |
| Gross margin | 23.9% | 24.3% | 23.6% | 22.4% | 27.8% | 25.6% | 22.3% | 21.4% | 19.8% | 23.8% |
| Operating margin | 16.0% | 15.0% | 14.4% | 13.1% | 15.1% | 9.9% | 7.5% | 8.3% | 6.0% | 11.5% |
| Net margin | 19.2% | 8.2% | 6.6% | -4.0% | 16.0% | 8.2% | 4.5% | 5.5% | 5.6% | 7.1% |
| Free cash flow margin | 26.9% | 8.5% | 9.7% | 2.6% | 7.0% | 17.0% | 10.3% | 9.3% | 5.8% | 8.1% |
| Return on equity | 23.7% | 12.3% | 14.5% | -8.5% | 12.6% | 6.4% | 7.6% | 8.5% | 8.0% | 11.5% |
| Return on assets | 14.3% | 5.8% | 4.6% | -2.4% | 7.4% | 4.0% | 4.5% | 4.7% | 4.4% | 6.3% |
| Current ratio | 1.70 | 1.70 | 1.89 | 2.23 | 2.57 | 2.62 | 1.26 | 2.30 | 2.50 | 2.17 |
| Debt to equity | 0.36 | 0.82 | 1.36 | 1.71 | 0.34 | 0.29 | 0.32 | 0.40 | 0.53 | 0.51 |
| Line item | Aug 31, 2026 | May 31, 2026 | Feb 28, 2026 | Nov 30, 2025 | Aug 31, 2025 | May 31, 2025 | Feb 28, 2025 | Nov 30, 2024 | Aug 31, 2024 | May 31, 2024 | Feb 29, 2024 | Nov 30, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $486.89M | $448.53M | $385.10M | $425.75M | $417.27M | $421.96M | $351.88M | $403.65M | $409.01M | $413.21M | $1.54B | $381.61M |
| Cost of revenue | $364.77M | $336.36M | $297.50M | $323.81M | $315.98M | $317.83M | $273.16M | $305.88M | $305.49M | $310.54M | $1.17B | $293.46M |
| Gross profit | $122.13M | $112.17M | $87.59M | $101.94M | $101.29M | $104.13M | $78.72M | $97.78M | $103.51M | $102.67M | $363.46M | $88.15M |
| Selling, general and admin | $38.34M | $35.14M | $30.46M | $32.46M | $32.83M | $34.58M | $38.28M | $39.24M | $35.87M | $32.92M | $141.86M | $35.33M |
| Operating income | $83.78M | $77.03M | $57.13M | $69.48M | $68.46M | $69.55M | $40.43M | $58.53M | $67.65M | $69.75M | $221.60M | $52.82M |
| Interest expense | $10.81M | $11.26M | $11.22M | $12.21M | $13.66M | $18.56M | $17.38M | $19.22M | $21.91M | $22.77M | $107.06M | $25.86M |
| Pre-tax income | $79.79M | $66.02M | $24.59M | $55.56M | $114.33M | $225.84M | $26.33M | $45.72M | $47.63M | $51.00M | $130.10M | $35.67M |
| Income tax | $21.34M | $14.01M | $8.66M | $14.48M | $24.98M | $54.93M | $6.12M | $12.11M | $12.21M | $11.40M | $28.50M | $8.78M |
| Net income | $58.45M | $52.01M | $15.93M | $41.08M | $89.35M | $170.91M | $20.21M | $33.60M | $35.42M | $39.60M | $17.86M | $26.89M |
| EPS, basic | $1.95 | $1.74 | $0.54 | $1.37 | $2.97 | $5.71 | $0.87 | $1.12 | $1.19 | -$1.38 | - | $0.93 |
| EPS, diluted | $1.94 | $1.72 | $0.53 | $1.36 | $2.95 | $5.66 | $0.87 | $1.12 | $1.18 | -$1.38 | - | $0.92 |
| Diluted shares | 30.1M | 30.2M | - | 30.2M | 30.2M | 30.2M | - | 30.1M | 30.1M | 26.8M | - | 29.3M |
| Line item | Aug 31, 2026 | May 31, 2026 | Feb 28, 2026 | Nov 30, 2025 | Aug 31, 2025 | May 31, 2025 | Feb 28, 2025 | Nov 30, 2024 | Aug 31, 2024 | May 31, 2024 | Feb 29, 2024 | Nov 30, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $1.95M | $1.06M | $705.0K | $623.0K | $897.0K | $3.04M | $1.49M | $1.48M | $2.15M | $10.55M | $4.35M | $7.51M |
| Receivables | $179.06M | $163.87M | $142.65M | $148.32M | $142.03M | $153.50M | $135.10M | $139.84M | $153.11M | $144.39M | $142.20M | $142.46M |
| Inventory | $134.02M | $121.20M | $113.41M | $107.48M | $108.47M | $110.76M | $112.31M | $114.70M | $115.25M | $113.99M | $117.66M | $126.74M |
| Current assets | $455.39M | $440.05M | $395.37M | $400.76M | $389.46M | $407.94M | $375.44M | $394.40M | $401.16M | $396.34M | $367.00M | $392.73M |
| Goodwill | $740.21M | $714.46M | $714.75M | $714.00M | $715.86M | $704.87M | $703.86M | $704.57M | $705.72M | $705.20M | $705.47M | $705.49M |
| Total assets | $2.34B | $2.25B | $2.21B | $2.23B | $2.23B | $2.16B | $2.23B | $2.24B | $2.24B | $2.24B | $2.20B | $2.21B |
| Current liabilities | $254.02M | $228.85M | $232.27M | $242.02M | $224.95M | $270.10M | $220.99M | $222.29M | $217.13M | $223.87M | $194.31M | $200.00M |
| Short-term debt | - | - | - | - | - | - | - | - | - | - | - | $0 |
| Long-term debt | $468.47M | $480.60M | $477.74M | $534.75M | $566.86M | $569.81M | $852.37M | $879.55M | $912.57M | $929.80M | $952.74M | $980.00M |
| Total debt | $468.47M | $480.60M | $477.74M | $534.75M | $566.86M | $569.81M | $852.37M | $879.55M | $912.57M | $929.80M | $952.74M | $980.00M |
| Total liabilities | $922.88M | $876.28M | $876.44M | $911.66M | $922.95M | $944.89M | $1.18B | $1.21B | $1.24B | $1.27B | $1.26B | $1.29B |
| Shareholders' equity | $1.42B | $1.38B | $1.34B | $1.32B | $1.30B | $1.21B | $1.05B | $1.03B | $999.76M | $967.23M | $700.77M | $687.43M |
| Line item | Aug 31, 2026 | May 31, 2026 | Feb 28, 2026 | Nov 30, 2025 | Aug 31, 2025 | May 31, 2025 | Feb 28, 2025 | Nov 30, 2024 | Aug 31, 2024 | May 31, 2024 | Feb 29, 2024 | Nov 30, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $102.84M | $37.15M | $72.57M | $79.70M | $58.39M | $314.78M | $64.31M | $66.17M | $47.49M | $71.94M | $63.54M | $62.59M |
| Capital expenditures | $18.47M | $18.75M | $22.05M | $18.55M | $19.28M | $20.90M | $29.94M | $26.44M | $32.10M | $27.40M | $28.22M | $24.17M |
| Free cash flow | $84.37M | $18.40M | $50.52M | $61.16M | $39.11M | $293.89M | $34.37M | $39.73M | $15.38M | $44.55M | $35.32M | $38.41M |
| Investing cash flow | -$60.20M | -$18.70M | -$6.49M | -$18.50M | -$49.37M | -$17.12M | -$29.90M | -$26.36M | -$31.36M | -$27.38M | -$28.21M | -$24.15M |
| Financing cash flow | -$41.81M | -$18.17M | -$65.80M | -$61.71M | -$11.10M | -$295.51M | -$34.78M | -$41.16M | -$24.21M | -$38.54M | -$38.44M | -$33.06M |
| Dividends paid | $7.21M | $5.98M | $5.98M | $6.00M | $6.01M | $5.08M | $5.09M | $5.08M | $5.08M | $7.87M | $7.87M | $7.86M |
| Share repurchases | - | - | $0 | $20.00M | - | - | $0 | - | - | - | - | - |
| Stock-based compensation | $4.87M | $3.78M | $2.93M | $2.47M | $4.35M | $5.09M | $2.02M | $3.80M | $4.91M | $2.54M | $3.30M | $2.19M |
| Depreciation and amortization | $24.17M | $23.52M | $23.08M | $22.78M | $22.37M | $21.83M | $20.82M | $20.63M | $20.43M | $20.32M | $20.39M | $20.36M |
| Line item | Aug 31, 2026 | May 31, 2026 | Feb 28, 2026 | Nov 30, 2025 | Aug 31, 2025 | May 31, 2025 | Feb 28, 2025 | Nov 30, 2024 | Aug 31, 2024 | May 31, 2024 | Feb 29, 2024 | Nov 30, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue growth, YoY | 16.7% | 6.3% | 9.4% | 5.5% | 2.0% | 2.1% | -77.1% | 5.8% | 2.6% | 5.7% | 356.9% | 2.2% |
| Net income growth, YoY | -34.6% | -69.6% | -21.2% | 22.2% | 152.3% | 331.6% | 13.1% | 25.0% | 25.0% | 38.8% | - | - |
| EPS growth, YoY | -34.2% | -69.6% | -39.1% | 21.4% | 150.0% | - | - | 21.7% | 21.6% | - | - | - |
| Gross margin | 25.1% | 25.0% | 22.7% | 23.9% | 24.3% | 24.7% | 22.4% | 24.2% | 25.3% | 24.8% | 23.6% | 23.1% |
| Operating margin | 17.2% | 17.2% | 14.8% | 16.3% | 16.4% | 16.5% | 11.5% | 14.5% | 16.5% | 16.9% | 14.4% | 13.8% |
| Net margin | 12.0% | 11.6% | 4.1% | 9.6% | 21.4% | 40.5% | 5.7% | 8.3% | 8.7% | 9.6% | 1.2% | 7.0% |
| Free cash flow margin | 17.3% | 4.1% | 13.1% | 14.4% | 9.4% | 69.6% | 9.8% | 9.8% | 3.8% | 10.8% | 2.3% | 10.1% |
| Current ratio | 1.79 | 1.92 | 1.70 | 1.66 | 1.73 | 1.51 | 1.70 | 1.77 | 1.85 | 1.77 | 1.89 | 1.96 |
| Debt to equity | 0.33 | 0.35 | 0.36 | 0.41 | 0.44 | 0.47 | 0.82 | 0.85 | 0.91 | 0.96 | 1.36 | 1.43 |
Source: XBRL data AZZ Inc. files with the SEC, latest filing dated Oct 13, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.
* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.
Per-share figures are as filed. The filings show no stock split in these periods.
EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.
| Company | Revenue | Growth | Net income | Net margin | Market cap |
|---|---|---|---|---|---|
| AZZ | $1.75B | +9.5% | $167.46M | 9.6% | $3.91B |
| ISRG | $11.58B | +20.5% | $2.96B | 25.5% | $156.00B |
| EW | $6.67B | +13.4% | $1.02B | 15.3% | $59.81B |
| STE | $6.17B | +8.1% | $826.90M | 13.4% | $24.97B |
| ZBH | $8.57B | +7.0% | $767.30M | 9.0% | $20.31B |
| MAS | $7.67B | +0.9% | $926.00M | 12.1% | $16.35B |
| SNN | $6.16B | +6.1% | $625.00M | 10.1% | $12.94B |
| ALGN | $4.16B | +4.4% | $491.87M | 11.8% | $12.28B |
| AIT | $5.06B | +8.5% | $424.12M | 8.4% | $10.92B |