← AZZ INC
| Annual Trend | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $863.5m |
$810.4m
-6.15%
|
$927.1m
+14.39%
|
$1.1b
+14.53%
|
$838.9m
-20.99%
|
$902.7m
+7.60%
|
$1.3b
+46.64%
|
$1.5b
+16.16%
|
$1.6b
+2.61%
|
$1.7b
+4.58%
|
$1.7b
+1.61%
|
|
| Cost of Revenue | $658.2m |
$650.1m
-1.23%
|
$728.5m
+12.05%
|
$824.6m
+13.20%
|
$650.2m
-21.15%
|
$677.4m
+4.19%
|
$1.0b
+51.70%
|
$1.2b
+14.25%
|
$1.2b
+1.78%
|
$1.3b
+5.03%
|
$1.3b
+1.48%
|
|
| Cost of sales | $654.1m |
$650.1m
-0.62%
|
$728.5m
+12.05%
|
$824.6m
+13.20%
|
$650.2m
-21.15%
|
$677.4m
+4.19%
|
$1.0b
+51.70%
|
$1.2b
+14.25%
|
$1.2b
+1.78%
|
$1.3b
+5.03%
|
$1.3b
+1.48%
|
|
| Gross margin | $204.8m |
$160.3m
-21.72%
|
$198.6m
+23.90%
|
$237.2m
+19.44%
|
$188.7m
-20.44%
|
$225.2m
+19.33%
|
$295.9m
+31.40%
|
$363.5m
+22.81%
|
$382.7m
+5.29%
|
$395.0m
+3.21%
|
$403.0m
+2.04%
|
|
| Gross Profit (derived) | $205.3m |
$160.3m
-21.93%
|
$198.6m
+23.90%
|
$237.2m
+19.44%
|
$188.7m
-20.44%
|
$225.2m
+19.33%
|
$295.9m
+31.40%
|
$363.5m
+22.81%
|
$382.7m
+5.29%
|
$395.0m
+3.21%
|
$403.0m
+2.04%
|
|
| Selling, General and Administrative Expense | $106.4m | $112.1m | $121.7m | $139.3m | $107.1m | $113.7m | $122.3m | $141.9m | $146.3m | $130.3m | $130.9m | |
| Amortization of Intangible Assets | $16.9m | $17.1m | $17.0m | $17.1m | — | $12.3m | $22.6m | $24.0m | $23.1m | $23.1m | — | |
| Operating Income (Loss) | $98.9m |
$48.2m
-51.22%
|
$77.0m
+59.50%
|
$79.3m
+3.10%
|
$61.6m
-22.34%
|
$113.3m
+83.95%
|
$173.6m
+53.20%
|
$221.6m
+27.62%
|
$236.4m
+6.66%
|
$264.6m
+11.95%
|
$272.1m
+2.83%
|
|
| Interest Expense | $14.7m | $13.9m | $15.0m | $13.5m | $9.6m | $6.4m | $88.8m | $107.1m | $81.3m | $55.6m | $48.4m | |
| Other Nonoperating Income (Expense) | $1.2m | ($3.5m) | $1.0m | ($990k) | — | ($600k) | $1.2m | $161k | ($562k) | $1.6m | — | |
| Income (Loss) from Equity Method Investments | — | — | — | — | — | — | $2.6m | $15.4m | $16.2m | $209.7m | — | |
| Other income (expense), net | ($1.2m) | $2.7m | ($1.0m) | $990k | $969k | $600k | ($1.2m) | $161k | ($562k) | $1.6m | $36.7m | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | $75.0m | $24.3m | $48.3m | $44.4m | — | $98.6m | $80.5m | $124.0m | $165.8m | $412.3m | $260.5m | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $84.7m | $30.9m | $63.0m | $64.9m | $51.0m | $106.3m | $88.7m | $130.1m | $170.7m | $420.3m | $260.5m | |
| Current Income Tax Expense (Benefit) | $25.3m | $6.4m | $8.1m | $19.3m | — | $18.9m | $6.2m | $23.7m | $33.7m | $70.3m | $62.1m | |
| Income Tax Expense (Benefit) | $24.0m | ($14.3m) | $11.8m | $16.7m | $11.4m | $22.3m | $22.3m | $28.5m | $41.9m | $103.1m | $62.1m | |
| Net Income (Loss) from Continuing Operations Available to Common Shareholders, Basic | $60.9m | $45.2m | $51.2m | $48.2m | $39.6m | $84.0m | ($61.2m) | $87.2m | $52.4m | $317.3m | $198.4m | |
| Net Income (Loss) Attributable to Parent | $61.3m |
$45.2m
-26.27%
|
$51.2m
+13.37%
|
$48.2m
-5.81%
|
$39.6m
-17.87%
|
$84.0m
+112.10%
|
($53.0m)
-163.05%
|
$101.6m
+291.81%
|
$128.8m
+26.80%
|
$317.3m
+146.26%
|
$198.4m
-37.48%
|
|
| Preferred Stock Dividends, Income Statement Impact | — | — | — | — | — | — | $8.2m | $14.4m | $1.2m | $0 | $1.2m | |
| Series A Preferred Stock Dividends | — | — | — | — | $0 | $0 | ($8.2m) | ($14.4m) | ($1.2m) | $0 | — | |
| Income (Loss) from Continuing Operations, Per Basic Share | — | — | — | — | — | — | $2 | $3 | $2 | — | — | |
| Income (Loss) from Continuing Operations, Per Diluted Share | — | — | — | — | — | — | $2 | $3 | $2 | — | — | |
| Earnings Per Share, Basic | $2.36 | $1.74 | $1.97 | $1.84 | $0.68 | $3.38 | ($2.47) | $3.48 | $1.80 | $10.59 | $6.62 | |
| Earnings Per Share, Diluted | $2.35 | $1.73 | $1.96 | $1.84 | $1.52 | $3.35 | ($2.45) | $3.46 | $1.79 | $10.50 | $6.56 | |
| Common Stock, Dividends, Per Share, Declared | $0.64 | $0.68 | $0.68 | $0.68 | $0.68 | $0.68 | $0.68 | $0.68 | $0.68 | $0.77 | — | |
| Weighted Average Number of Shares Outstanding, Basic | 26.0m | 26.0m | 26.0m | 26.2m | $25.9m | 24.9m | 24.8m | 25.0m | 29.1m | 30.0m | 30.0m | |
| Weighted average number common shares, basic (shares) | $26.0m | $26.0m | $26.0m | $26.2m | $25.9m | $24.9m | $24.8m | $25.0m | $29.1m | $30.0m | — | |
| Weighted average number common shares, diluted (shares) | $26.1m | $26.0m | $26.1m | $26.3m | $26.0m | $25.1m | $25.0m | $25.2m | $29.3m | $30.2m | — | |
| Weighted Average Number of Shares Outstanding, Diluted | 26.1m | 26.0m | 26.1m | 26.3m | $26.0m | 25.1m | 25.0m | 25.2m | 29.3m | 30.2m | 30.2m | |
| Additional Financial Items | ||||||||||||
| Business Combination, Acquisition Related Costs | — | — | $200k | $800k | — | $2.0m | $13.2m | — | — | — | — | |
| Goodwill, Impairment Loss | — | — | — | $0 | — | $0 | — | — | — | — | — | |
| Reclassification from AOCI, Current Period, before Tax, Attributable to Parent | — | — | — | — | — | — | ($27.9m) | $3.7m | $3.0m | $510k | — | |
| Equity in earnings of unconsolidated subsidiaries | — | — | — | — | $0 | $0 | ($2.6m) | $15.4m | $16.2m | $209.7m | — | |
| Redemption premium on Series A Preferred Stock | — | — | — | — | — | — | $0 | $0 | ($75.2m) | $0 | — | |
| Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, Net of Tax | — | — | — | — | — | — | $12.8m | $0 | $0 | — | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | — | — | — | $66.3m | $101.6m | $128.8m | $317.3m | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | — | — | — | — | — | — | ($119.3m) | $0 | $0 | — | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.