# AZZ Inc. (AZZ) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Industrials / Electrical Equipment. Price $140.02, market value $4.2 billion.

## Valuation
- **P/E (trailing): 21.3×** (5-yr avg 25.2×, 3-yr avg 28.9×). AZZ Inc. trades at 21.3× trailing earnings, close to its own five-year average of 25.2×. The Industrials median in the September 2026 study was 25.7×. Forward P/E is 17.9×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.04**. A PEG of 0.04 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 2.5×**. Each dollar of revenue is priced at 2.5×.
- **Price / book: 3.1×**. The shares trade at 3.1× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 12.9×**. Enterprise value is 12.9× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: 4.0%** (5-yr avg 6.6%). Free cash flow equals 4.0% of the market value, below its five-year average of 6.6%, so the shares are pricier on cash than usual.
- **Earnings yield: 4.7%**. The inverse of the P/E: 4.7% of the price is earned each year.

## Profitability
- **Gross margin: 24.0%**. AZZ Inc. keeps 24.0% of revenue after the direct cost of what it sells, a thin margin typical of retail, distribution and commodity businesses.
- **Operating margin: 16.2%**. 16.2% of revenue is left after running the business, a healthy level in most sectors.
- **Net margin: 19.2%**. 19.2% of each dollar of sales reaches the bottom line.
- **Return on equity: 23.7%**. 23.7% on shareholders' equity is excellent if it is not driven by leverage; sustained above 20% usually signals a competitive advantage.
- **Return on invested capital: 11.8%**. Return on all capital, debt included, is 11.8%.
- **Return on assets: 9.0%**. Each dollar of assets produces 9.0% of profit.

## Growth
- **Revenue growth (1 yr): 4.6%** (3-yr 7.6%/yr, 5-yr 28.0%/yr). Revenue grew 4.6% over the last year, against 28.0% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): 486.6%** (5-yr 47.2%/yr). Earnings per share rose 486.6%, faster than revenue, so margins expanded or the share count shrank.
- **Free-cash-flow growth (3 yr): 134.9%/yr**. Free cash flow has compounded at 134.9% a year over three years.

## Financial health
- **Debt to equity: 0.36**. Debt is 0.36 times equity: a conservative balance sheet.
- **Net debt / EBITDA: 1.3×**. It would take 1.3 years of operating earnings to repay net borrowings, within the comfortable range.
- **Altman Z-score: 4.87**. A Z-score of 4.87 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 6/9**. 6 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 0.69%** ($0.80 per share, trailing). AZZ Inc. yields 0.69%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 7%** (14% of free cash flow). 7% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 16**. 16 straight years of increases, a record that survived at least one recession.
- **Dividend growth (5 yr): 1.7%/yr** (1-yr 8.8%). The dividend has grown 1.7% a year over five years.

## Price and momentum
- **Total return (1 yr): 20.8%** (YTD 31.3%, 3-mo 1.8%). The shares are up 20.8% over twelve months including dividends.
- **From 52-week high: -13.7%** (50.6% above the low). Trading 14% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 45**. An RSI of 45 is neutral.
- **Beta (1 yr): 1.17** (volatility 32%). Beta of 1.17 against the S&P 500: the shares move roughly with the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=AZZ · Page: https://foliofundamentals.com/stocks/azz

Not investment advice.