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Azz Inc. (AZZ) Fundamental Analysis & AI Grade 2026

AZZ NYSE Coating, Engraving & Allied Services TX CIK: 0000008947
Recently Updated • Analysis: Aug 4, 2026 • SEC Data: 2026-05-31
Combined AI Grade
B
70% Confidence
STRONG AGREEMENT
B
62% Conf
B
79% Conf

📊 AZZ Key Takeaways

Revenue: $448.5M
Net Margin: 11.6%
Free Cash Flow: $18.4M
Current Ratio: 1.92x
Debt/Equity: 0.35x
EPS: $1.72
AI Grade: B with 62% confidence
Azz Inc. (AZZ) receives a B fundamental grade with 70% confidence from our AI analysis based on SEC 10-K filings. With revenue of $448.5M, net profit margin of 11.6%, and return on equity (ROE) of 3.8%, Azz Inc. demonstrates mixed fundamentals in the Services sector. Below is our complete AZZ stock analysis for 2026.

Is Azz Inc. (AZZ) a Good Investment?

Claude

Strong operating profitability (17.2% margins) and conservative leverage (0.35x debt/equity) provide operational stability, but critically low cash reserves ($1.1M), weak free cash flow conversion (4.1%), and poor capital returns (3.8% ROE, 2.3% ROA) signal capital inefficiency and potential liquidity constraints.

ChatGPT

AZZ shows solid underlying fundamentals with healthy operating margins, strong free cash flow generation, and manageable leverage. However, growth quality is mixed because revenue growth is modest while net income appears disproportionately elevated, suggesting possible non-operating or one-time benefits rather than broad-based earnings expansion. The business looks financially sound, but the durability of current earnings strength needs confirmation.

Azz Inc. Key Strengths (AZZ)

Claude
  • + Solid profitability with 17.2% operating margin and 11.6% net margin across $448.5M revenue base
  • + Conservative balance sheet with 0.35x debt/equity ratio and 6.8x interest coverage providing debt servicing comfort
  • + Strong liquidity ratios (1.92x current, 1.39x quick) support operational flexibility and short-term solvency
ChatGPT
  • + Strong cash generation with $394.15M in free cash flow and a 31.2% FCF margin
  • + Healthy profitability profile with 24.3% gross margin, 16.4% operating margin, and 22.8% ROE
  • + Balance sheet remains manageable with 1.66x current ratio and 0.41x debt-to-equity

AZZ Stock Risks: Azz Inc. Investment Risks

Claude
  • ! Critically low cash position ($1.1M) relative to $480.6M long-term debt creates refinancing and liquidity vulnerability
  • ! Weak free cash flow conversion (4.1% FCF margin on $448.5M revenue) limits reinvestment capacity and financial flexibility
  • ! Poor capital efficiency with 3.8% ROE and 2.3% ROA indicate shareholder value destruction despite healthy margins; modest 4.6% revenue growth constrains expansion
ChatGPT
  • ! Revenue growth of only 2.6% suggests limited top-line momentum
  • ! Net income growth far outpaces revenue growth, raising concern about earnings quality and sustainability
  • ! Very low cash balance and only moderate 4.7x interest coverage reduce financial flexibility

Key Metrics to Watch

Claude
  • * Free cash flow generation trend and cash balance recovery trajectory
  • * Revenue growth acceleration; current 4.6% YoY insufficient for profitable expansion
  • * Return on equity and return on assets improvement to validate capital allocation decisions
ChatGPT
  • * Organic revenue growth and segment-level margin trends
  • * Conversion of net income into operating cash flow and free cash flow over future periods

Azz Inc. (AZZ) Financial Metrics & Key Ratios

Revenue
$448.5M
Net Income
$52.0M
EPS (Diluted)
$1.72
Free Cash Flow
$18.4M
Total Assets
$2.3B
Cash Position
$1.1M

💡 AI Analyst Insight

The relatively thin 4.1% FCF margin may limit capital allocation flexibility.

AZZ Profit Margin, ROE & Profitability Analysis

Gross Margin 25.0%
Operating Margin 17.2%
Net Margin 11.6%
ROE 3.8%
ROA 2.3%
FCF Margin 4.1%

AZZ vs Services Sector: How Azz Inc. Compares

How Azz Inc. compares to Services sector averages

Net Margin
AZZ 11.6%
vs
Sector Avg 10.0%
AZZ Sector
ROE
AZZ 3.8%
vs
Sector Avg 16.0%
AZZ Sector
Current Ratio
AZZ 1.9x
vs
Sector Avg 1.5x
AZZ Sector
Debt/Equity
AZZ 0.3x
vs
Sector Avg 0.7x
AZZ Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Azz Inc. Stock Overvalued? AZZ Valuation Analysis 2026

Based on fundamental analysis, Azz Inc. has mixed fundamental signals relative to the Services sector in 2026.

Return on Equity
3.8%
Sector avg: 16%
Net Profit Margin
11.6%
Sector avg: 10%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.35x
Sector avg: 0.7x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Azz Inc. Balance Sheet: AZZ Debt, Cash & Liquidity

Current Ratio
1.92x
Quick Ratio
1.39x
Debt/Equity
0.35x
Debt/Assets
38.9%
Interest Coverage
6.84x
Long-term Debt
$480.6M

AZZ Revenue & Earnings Growth: 5-Year Financial Trend

AZZ 5-year financial data: Year 2022: Revenue $1.1B, Net Income $48.2M, EPS $1.84. Year 2023: Revenue $1.3B, Net Income $39.6M, EPS $1.52. Year 2024: Revenue $1.5B, Net Income $84.0M, EPS $3.35. Year 2025: Revenue $1.6B, Net Income -$53.0M, EPS $-2.45. Year 2026: Revenue $1.7B, Net Income $101.6M, EPS $3.46.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Azz Inc.'s revenue has grown significantly by 55% over the 5-year period, indicating strong business expansion. The most recent EPS of $3.46 reflects profitable operations.

AZZ Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
4.1%
Free cash flow / Revenue

AZZ Quarterly Earnings & Performance

Quarterly financial performance data for Azz Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q1 2027 $422.0M $52.0M $1.72
Q3 2026 $403.7M $33.6M $1.11
Q2 2026 $409.0M $35.4M $-0.05
Q1 2026 $413.2M $39.6M $-1.38
Q3 2025 $381.6M $26.9M $0.92
Q2 2025 $398.5M $28.3M $-0.05
Q1 2025 $390.9M $28.5M $0.98
Q3 2024 $373.3M -$20.5M $0.92

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Azz Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$37.1M
Cash generated from operations
Stock Buybacks
$20.0M
Shares repurchased (TTM)
Capital Expenditures
$18.7M
Investment in assets
Dividends Paid
$6.0M
Returned to shareholders

AZZ SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Azz Inc. (CIK: 0000008947)

📋 Recent SEC Filings

Date Form Document Action
Aug 5, 2026 4 xslF345X06/wk-form4_1785970728.xml View →
Aug 3, 2026 8-K azz-20260803.htm View →
Jul 8, 2026 8-K azz-20260708.htm View →
Jul 8, 2026 10-Q azz-20260531.htm View →
Jul 8, 2026 4 xslF345X06/wk-form4_1783539574.xml View →

Frequently Asked Questions about AZZ

What is the AI rating for AZZ?

Azz Inc. (AZZ) has a Combined AI Grade of B from Claude (B) and ChatGPT (B) with 70% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are AZZ's key strengths?

Claude: Solid profitability with 17.2% operating margin and 11.6% net margin across $448.5M revenue base. Conservative balance sheet with 0.35x debt/equity ratio and 6.8x interest coverage providing debt servicing comfort. ChatGPT: Strong cash generation with $394.15M in free cash flow and a 31.2% FCF margin. Healthy profitability profile with 24.3% gross margin, 16.4% operating margin, and 22.8% ROE.

What are the risks of investing in AZZ?

Claude: Critically low cash position ($1.1M) relative to $480.6M long-term debt creates refinancing and liquidity vulnerability. Weak free cash flow conversion (4.1% FCF margin on $448.5M revenue) limits reinvestment capacity and financial flexibility. ChatGPT: Revenue growth of only 2.6% suggests limited top-line momentum. Net income growth far outpaces revenue growth, raising concern about earnings quality and sustainability.

What is AZZ's revenue and growth?

Azz Inc. reported revenue of $448.5M.

Does AZZ pay dividends?

Azz Inc. pays dividends, with $6.0M distributed to shareholders in the trailing twelve months.

Where can I find AZZ SEC filings?

Official SEC filings for Azz Inc. (CIK: 0000008947) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is AZZ's EPS?

Azz Inc. has a diluted EPS of $1.72.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.

What is AZZ's fundamental grade?

Based on our AI fundamental analysis in August 2026, Azz Inc. has a B grade with 70% confidence. Review the strengths and risks sections above for full context. This is not investment advice.

Is AZZ stock overvalued or undervalued?

Valuation metrics for AZZ: ROE of 3.8% (sector avg: 16%), net margin of 11.6% (sector avg: 10%). Compare these metrics with sector averages to assess valuation.

What is AZZ's AI grade for 2026?

Our dual AI analysis gives Azz Inc. a combined B grade for 2026. Revenue is data pending, with profitability above sector average. Always conduct your own research.

What is AZZ's free cash flow?

Azz Inc.'s operating cash flow is $37.1M, with capital expenditures of $18.7M. FCF margin is 4.1%.

How does AZZ compare to other Services stocks?

Vs Services sector averages: Net margin 11.6% (avg: 10%), ROE 3.8% (avg: 16%), current ratio 1.92 (avg: 1.5).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Aug 4, 2026 | Data as of: 2026-05-31 | Powered by Claude AI