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Azz Inc. (AZZ) Stock Fundamental Analysis & AI Rating 2026

AZZ NYSE Coating, Engraving & Allied Services TX CIK: 0000008947
Recently Updated • Analysis: Apr 29, 2026 • SEC Data: 2026-02-28
Combined AI Rating
BUY
78% Confidence
AGREEMENT
BUY
78% Conf
HOLD
79% Conf

📊 AZZ Key Takeaways

Revenue: $1.7B
Net Margin: 19.2%
Free Cash Flow: $444.7M
Current Ratio: 1.70x
Debt/Equity: 0.36x
EPS: $10.50
AI Rating: BUY with 78% confidence
Azz Inc. (AZZ) receives a BUY rating with 78% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $1.7B, net profit margin of 19.2%, and return on equity (ROE) of 23.7%, Azz Inc. demonstrates strong fundamentals in the Services sector. Below is our complete AZZ stock analysis for 2026.

Is Azz Inc. (AZZ) a Good Investment?

Claude

AZZ demonstrates exceptional operational efficiency with 19.2% net margins and outstanding free cash flow generation ($444.7M, 26.9% FCF margin), backed by a fortress balance sheet (0.36x debt/equity, 1.70x current ratio) and strong returns (23.7% ROE). However, modest revenue growth (+4.6% YoY) paired with flat net income growth signals margin pressure or cost headwinds that warrant monitoring.

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.

Why Buy Azz Inc. Stock? AZZ Key Strengths

Claude
  • + Exceptional profitability and margins - 19.2% net margin and 16.0% operating margin demonstrate strong pricing power and operational excellence
  • + Outstanding cash flow generation - $444.7M free cash flow with 26.9% FCF margin shows superior working capital management and cash conversion
  • + Conservative balance sheet and strong returns - 0.36x debt/equity, 4.8x interest coverage, 23.7% ROE, and 14.3% ROA indicate disciplined capital allocation
  • + Efficient capital deployment - 486.6% EPS growth on flat net income reflects aggressive share buyback program reducing share count
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
  • ! Organic growth stalling - only 4.6% revenue growth with 0% net income growth suggests margin compression or rising input costs despite scale
  • ! Cyclical industry exposure - coating and engraving services are sensitive to industrial production cycles and economic downturns
  • ! Margin sustainability questions - unusual net margin of 19.2% for industrial services sector raises questions about one-time items or unsustainable pricing
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
  • * Organic revenue growth acceleration - critical to verify if 4.6% growth represents a trough or structural slowdown
  • * Gross and operating margin trends - monitor if margins stabilize or continue compressing
  • * Free cash flow sustainability - ensure $444.7M FCF is not artificially inflated and remains maintainable
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
$1.7B
Net Income
$317.3M
EPS (Diluted)
$10.50
Free Cash Flow
$444.7M
Total Assets
$2.2B
Cash Position
$705.0K

💡 AI Analyst Insight

The 26.9% free cash flow margin provides substantial flexibility for dividends, buybacks, and strategic investments.

AZZ Profit Margin, ROE & Profitability Analysis

Gross Margin 23.9%
Operating Margin 16.0%
Net Margin 19.2%
ROE 23.7%
ROA 14.3%
FCF Margin 26.9%

AZZ vs Services Sector: How Azz Inc. Compares

How Azz Inc. compares to Services sector averages

Net Margin
AZZ 19.2%
vs
Sector Avg 10.0%
AZZ Sector
ROE
AZZ 23.7%
vs
Sector Avg 16.0%
AZZ Sector
Current Ratio
AZZ 1.7x
vs
Sector Avg 1.5x
AZZ Sector
Debt/Equity
AZZ 0.4x
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. appears fundamentally strong relative to the Services sector in 2026.

Return on Equity
23.7%
Sector avg: 16%
Net Profit Margin
19.2%
Sector avg: 10%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.36x
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
1.70x
Quick Ratio
1.21x
Debt/Equity
0.36x
Debt/Assets
39.6%
Interest Coverage
4.76x
Long-term Debt
$477.7M

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
26.9%
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
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
Q2 2024 $398.5M $28.3M $0.97

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
$525.4M
Cash generated from operations
Stock Buybacks
$20.0M
Shares repurchased (TTM)
Capital Expenditures
$80.8M
Investment in assets
Dividends Paid
$23.1M
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
Apr 29, 2026 4 xslF345X06/wk-form4_1777496553.xml View →
Apr 29, 2026 4 xslF345X06/wk-form4_1777496548.xml View →
Apr 29, 2026 4 xslF345X06/wk-form4_1777496543.xml View →
Apr 29, 2026 4 xslF345X06/wk-form4_1777496537.xml View →
Apr 29, 2026 4 xslF345X06/wk-form4_1777496533.xml View →

Frequently Asked Questions about AZZ

What is the AI rating for AZZ?

Azz Inc. (AZZ) has a Combined AI Rating of BUY from Claude (BUY) and ChatGPT (HOLD) with 78% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are AZZ's key strengths?

Claude: Exceptional profitability and margins - 19.2% net margin and 16.0% operating margin demonstrate strong pricing power and operational excellence. Outstanding cash flow generation - $444.7M free cash flow with 26.9% FCF margin shows superior working capital management and cash conversion. 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: Organic growth stalling - only 4.6% revenue growth with 0% net income growth suggests margin compression or rising input costs despite scale. Cyclical industry exposure - coating and engraving services are sensitive to industrial production cycles and economic downturns. 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 $1.7B.

Does AZZ pay dividends?

Azz Inc. pays dividends, with $23.1M 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 $10.50.

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 rating reflects both perspectives for balanced insights.

Is AZZ a good stock to buy right now?

Based on our AI fundamental analysis in May 2026, Azz Inc. has a BUY rating with 78% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.

Is AZZ stock overvalued or undervalued?

Valuation metrics for AZZ: ROE of 23.7% (sector avg: 16%), net margin of 19.2% (sector avg: 10%). Higher ROE suggests strong returns relative to peers.

Should I buy AZZ stock in 2026?

Our dual AI analysis gives Azz Inc. a combined BUY rating 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 $525.4M, with capital expenditures of $80.8M. FCF margin is 26.9%.

How does AZZ compare to other Services stocks?

Vs Services sector averages: Net margin 19.2% (avg: 10%), ROE 23.7% (avg: 16%), current ratio 1.70 (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: Apr 29, 2026 | Data as of: 2026-02-28 | Powered by Claude AI