30 years of historical data (1997–2026) · Industrials · Manufacturing - Metal Fabrication
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
AZZ Inc. trades at 14.4x earnings, 44% below its 5-year average of 25.6x, sitting at the 38th percentile of its historical range. Compared to the Industrials sector median P/E of 25.8x, the stock trades at a discount of 44%. On a free-cash-flow basis, the stock trades at 10.1x P/FCF, 64% below the 5-year average of 28.4x.
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $4.5B | $4.1B | $2.8B | $1.8B | $1.0B | $1.2B | $1.3B | $970M | $1.2B | $1.1B | $1.5B |
| Enterprise Value | $4.6B | $4.2B | $3.7B | $2.8B | $2.1B | $1.5B | $1.5B | $1.2B | $1.5B | $1.3B | $1.8B |
| P/E Ratio → | 14.37 | 12.95 | 53.69 | 21.14 | — | 14.70 | 33.61 | 20.05 | 23.48 | 23.61 | 25.17 |
| P/S Ratio | 2.73 | 2.49 | 1.79 | 1.20 | 0.77 | 2.35 | 2.77 | 0.91 | 1.30 | 1.31 | 1.78 |
| P/B Ratio | 3.41 | 3.07 | 2.70 | 1.97 | 1.19 | 1.85 | 2.13 | 1.53 | 1.99 | 1.88 | 2.89 |
| P/FCF | 10.14 | 9.24 | 21.04 | 12.35 | 77.89 | 21.43 | 24.21 | 8.84 | 13.49 | 21.57 | 21.95 |
| P/OCF | 8.58 | 7.82 | 11.29 | 7.54 | 14.47 | 14.35 | 14.46 | 6.70 | 10.48 | 13.48 | 13.77 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
AZZ Inc.'s enterprise value stands at 12.7x EBITDA, 18% above its 5-year average of 10.8x. The Industrials sector median is 13.7x, placing the stock at a 7% discount on an enterprise-value basis.
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 2.53 | 2.34 | 1.83 | 1.58 | 2.78 | 3.19 | 1.11 | 1.58 | 1.66 | 2.08 |
| EV / EBITDA | 12.74 | 11.63 | 11.61 | 9.36 | 8.45 | 13.15 | 19.27 | 7.50 | 11.52 | 13.60 | 12.04 |
| EV / EBIT | 17.02 | 15.53 | 14.68 | 11.88 | 11.82 | 18.44 | 32.02 | 15.06 | 18.79 | 30.02 | 17.90 |
| EV / FCF | — | 9.37 | 27.59 | 18.86 | 160.93 | 25.41 | 27.90 | 10.76 | 16.45 | 27.26 | 25.68 |
Margins and return-on-capital ratios measuring operating efficiency
AZZ Inc. earns an operating margin of 16.3%, above the Industrials sector average of 4.3%. Operating margins have expanded from 14.4% to 16.3% over the past 3 years, signaling improving operational efficiency. ROE of 26.6% indicates solid capital efficiency, compared to the sector median of 8.2%. ROIC of 12.1% represents solid returns on invested capital versus a sector median of 6.1%.
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 23.9% | 23.9% | 24.3% | 23.6% | 22.4% | 27.8% | 25.6% | 22.5% | 21.4% | 19.8% | 23.8% |
| Operating Margin | 16.3% | 16.3% | 15.0% | 14.4% | 13.1% | 15.1% | 9.9% | 10.1% | 8.3% | 6.0% | 11.5% |
| Net Profit Margin | 19.2% | 19.2% | 8.2% | 6.6% | -4.0% | 16.0% | 8.2% | 4.5% | 5.5% | 5.6% | 7.1% |
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 26.6% | 26.6% | 13.0% | 11.4% | -7.0% | 13.0% | 6.3% | 7.8% | 8.8% | 8.3% | 12.1% |
| ROA | 14.3% | 14.3% | 5.8% | 4.6% | -3.2% | 7.9% | 3.8% | 4.5% | 4.8% | 4.5% | 6.2% |
| ROIC | 12.1% | 12.1% | 9.3% | 8.6% | 9.2% | 6.9% | 4.3% | 9.4% | 6.7% | 4.4% | 9.5% |
| ROCE | 13.5% | 13.5% | 11.8% | 11.0% | 11.5% | 8.5% | 5.7% | 12.5% | 8.5% | 5.6% | 11.7% |
Solvency and debt-coverage ratios — lower is generally safer
AZZ Inc. carries a Debt/EBITDA ratio of 0.2x, which is very conservative (95% below the sector average of 3.2x). Net debt stands at $60M ($61M total debt minus $705000 cash). Interest coverage of 4.8x is adequate, though a cyclical earnings downturn could tighten the margin of safety.
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.05 | 0.05 | 0.84 | 1.05 | 1.27 | 0.36 | 0.35 | 0.39 | 0.48 | 0.53 | 0.51 |
| Debt / EBITDA | 0.17 | 0.17 | 2.76 | 3.25 | 4.37 | 2.17 | 2.74 | 1.57 | 2.26 | 3.05 | 1.83 |
| Net Debt / Equity | — | 0.04 | 0.84 | 1.04 | 1.27 | 0.34 | 0.33 | 0.33 | 0.44 | 0.50 | 0.49 |
| Net Debt / EBITDA | 0.17 | 0.17 | 2.75 | 3.23 | 4.36 | 2.06 | 2.55 | 1.34 | 2.07 | 2.84 | 1.75 |
| Debt / FCF | — | 0.13 | 6.55 | 6.51 | 83.04 | 3.98 | 3.69 | 1.92 | 2.96 | 5.68 | 3.73 |
| Interest Coverage | 4.82 | 4.82 | 3.10 | 2.22 | 2.00 | 12.48 | 5.06 | 5.82 | 5.21 | 3.23 | 6.79 |
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.70x means AZZ Inc. can comfortably meet its short-term obligations, though there is limited excess liquidity. The quick ratio of 1.21x is notably lower than the current ratio, indicating a significant portion of current assets is tied up in inventory. The current ratio has declined from 1.89x to 1.70x over the past 3 years.
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.70 | 1.70 | 1.70 | 1.89 | 2.23 | 2.57 | 2.60 | 1.26 | 2.30 | 2.50 | 2.17 |
| Quick Ratio | 1.21 | 1.21 | 1.19 | 1.28 | 1.46 | 2.02 | 1.81 | 0.91 | 1.54 | 1.66 | 1.27 |
| Cash Ratio | 0.00 | 0.00 | 0.01 | 0.02 | 0.02 | 0.08 | 0.13 | 0.13 | 0.15 | 0.16 | 0.08 |
| Asset Turnover | — | 0.75 | 0.71 | 0.70 | 0.60 | 0.46 | 0.48 | 0.99 | 0.85 | 0.79 | 0.88 |
| Inventory Turnover | 11.07 | 11.07 | 10.64 | 9.98 | 7.14 | 4.57 | 3.85 | 8.24 | 5.83 | 5.87 | 5.31 |
| Days Sales Outstanding | — | 35.75 | 58.90 | 56.30 | 72.44 | 61.09 | 144.41 | 71.95 | 86.79 | 87.05 | 80.20 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
AZZ Inc. returns 0.9% to shareholders annually — split between a 0.5% dividend yield and 0.4% buyback yield. The payout ratio of 7.3% is conservative, leaving significant room for dividend growth or reinvestment. The earnings yield of 7.0% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 0.5% | 0.6% | 0.0% | 1.7% | 2.2% | 1.4% | 1.3% | 1.8% | 1.5% | 1.7% | 1.1% |
| Payout Ratio | 7.3% | 7.3% | 0.9% | 30.9% | — | 20.1% | 44.5% | 36.9% | 34.6% | 39.1% | 27.3% |
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 7.0% | 7.7% | 1.9% | 4.7% | — | 6.8% | 3.0% | 5.0% | 4.3% | 4.2% | 4.0% |
| FCF Yield | 9.9% | 10.8% | 4.8% | 8.1% | 1.3% | 4.7% | 4.1% | 11.3% | 7.4% | 4.6% | 4.6% |
| Buyback Yield | 0.4% | 0.5% | 0.0% | 0.0% | 0.0% | 2.5% | 3.6% | 0.6% | 0.0% | 0.7% | 0.3% |
| Total Shareholder Yield | 0.9% | 1.0% | 0.0% | 1.7% | 2.2% | 3.9% | 5.0% | 2.4% | 1.5% | 2.4% | 1.4% |
| Shares Outstanding | — | $30M | $29M | $25M | $25M | $25M | $26M | $26M | $26M | $26M | $26M |
Compare AZZ with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
| $5B | 14.4 | 12.7 | 10.1 | 23.9% | 16.3% | 26.6% | 12.1% | 0.2 | |
| $2B | 41.9 | 20.5 | 25.1 | 28.8% | 14.0% | 13.4% | 9.9% | 2.7 | |
| $3B | 28.2 | 13.4 | — | 9.5% | 5.7% | 15.1% | 7.8% | 3.6 | |
| $3B | -15.1 | — | — | -256.2% | -1535.8% | — | -43.9% | — | |
| $533M | 24.3 | 10.6 | 127.1 | 23.2% | 2.5% | 4.1% | 4.3% | 4.0 | |
| $11B | 32.6 | 18.9 | 34.3 | 30.2% | 12.7% | 21.6% | 16.3% | 1.7 | |
| $561M | 13.8 | 7.2 | 29.6 | 14.4% | 8.4% | 11.4% | 14.1% | 0.1 | |
| $863M | 15.9 | 23.6 | 9.1 | 22.7% | 6.0% | 10.8% | 8.1% | 6.1 | |
| $61B | 35.4 | 15.8 | — | 11.9% | 8.2% | 8.0% | 7.7% | 1.7 | |
| $41B | 35.4 | 21.9 | 81.7 | 13.0% | 8.1% | 13.3% | 9.2% | 2.1 | |
| $21B | 29.6 | 17.6 | 42.0 | 26.8% | 7.2% | 10.3% | 8.9% | 1.5 | |
| Industrials Median | — | 25.8 | 13.7 | 20.3 | 31.8% | 4.3% | 8.2% | 6.1% | 3.2 |
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Includes 30+ ratios · 30 years · Updated daily
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Compare NowQuick answers to the most common questions about buying AZZ stock.
AZZ Inc.'s current P/E ratio is 14.4x. The historical average is 17.3x. This places it at the 38th percentile of its historical range.
AZZ Inc.'s current EV/EBITDA is 12.7x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 8.7x.
AZZ Inc.'s return on equity (ROE) is 26.6%. This is above the typical threshold of 15-20% considered good for most companies. The historical average is 14.6%.
Based on historical data, AZZ Inc. is trading at a P/E of 14.4x. This is at the 38th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
AZZ Inc.'s current dividend yield is 0.51% with a payout ratio of 7.3%.
AZZ Inc. has 23.9% gross margin and 16.3% operating margin. Operating margin between 10-20% is typical for established companies.
AZZ Inc.'s Debt/EBITDA ratio is 0.2x, indicating low leverage. A ratio below 2x is generally considered financially healthy.