ValueScreener

ValueScreener company report

Share price

130.59 USD Market dataClose of Oct 15, 2026

Market capitalisation

3.92B USD Market dataClose of Oct 15, 2026
Market data
Oct 15, 2026
Filed accounts
FY2026, filed Apr 22, 2026
Ratios computed
Oct 15, 2026
Filed years
15, FY2011 to FY2026
Four kinds of sourceSEC filingCompany statementMarket dataComputedWhat each means
SEC filingFiled with the SEC
Read from a statement the company filed with the SEC, with the form, fiscal year, filing date and accession beside it.
Company statementCompany statement
What the company says about itself in a filing: an 8-K item, the auditor, its own segment names.
Market dataMarket data
Prices, market value and what analysts publish, with the date they are as of.
ComputedComputed by ValueScreener
Worked out by us from the other three, with the inputs and the formula one press away. A score is a research output, not a rating or a recommendation.
Reading

1 of 10

Overview

What the business is, what it costs, and how it reads on four questions.

Market dataSEC filingComputed

Four questions, at a glance

Quality

Return on invested capital, after tax

10.7% Computed

From the FY2026 filing

Read quality

Valuation

Price to earnings

12.33x Computed

FY2026 accounts, priced at the latest close

Read valuation

Cash generation

Free cash flow yield

11.3% Computed

FY2026 accounts, priced at the latest close

Read cash generation

Revenue and net income, as filed

FY2016 Revenue: 863.5M USDFY2016 Net income: 61.3M USDFY2017 Revenue: 810.4M USDFY2017 Net income: 45.2M USDFY2018 Revenue: 927.1M USDFY2018 Net income: 51.2M USDFY2019 Revenue: 1.06B USDFY2019 Net income: 48.2M USDFY2020 Revenue: 480.6M USDFY2020 Net income: 39.6M USDFY2022 Revenue: 525.6M USDFY2022 Net income: 84.0M USDFY2023 Revenue: 1.32B USDFY2023 Net income: -53.0M USDFY2024 Revenue: 1.54B USDFY2024 Net income: 101.6M USDFY2025 Revenue: 1.58B USDFY2025 Net income: 128.8M USDFY2026 Revenue: 1.65B USDFY2026 Net income: 317.3M USD
Revenue Net income10 filed fiscal years, from the annual reports; the table in Filings names each document.
Named tests met
6 of 30 Which tests
The business, and the score behind its five axes

The reading, in brief

Is it cheap

Price to earnings is 12.33x at the close of 2026-10-15 on FY2026 figures; the lines are 15.00x (Graham's defensive ceiling) and, by market convention, 10.00x, 25.00x and 40.00x, and this sits between 10.00x and 15.00x.

Today, against the Industrials sector (412 companies), 12.33x sits at the 20th percentile; the middle half of that group runs from 15.04x to 38.40x.

Is it good

Return on invested capital was 10.7% in FY2026, in the band labelled "Around the cost of capital" (8.0% to 12.0%), on lines anchored on Damodaran's cost-of-capital data.

Today, against the Industrials sector (316 companies), 10.7% sits at the 59th percentile; the middle half of that group runs from 3.4% to 15.3%.

Is it safe

Interest coverage was 4.76x in FY2026, in the band labelled "Investment grade" (3.00x to 6.00x), on lines anchored on Damodaran's interest-coverage table.

Year by year against peers
Whether AZZ Inc.'s return on invested capital stayed above the median of the Industrials sector, year by year. (FY2025 to FY2026, 2 fiscal years of AZZ Inc. with a comparable figure)
The direction
Which way AZZ Inc.'s return on equity has moved, and how steadily. (FY2016 to FY2026, 10 filed years of AZZ Inc.)
What could explain it
What in AZZ Inc.'s filed statements could explain the movements. (10 readings drawn from the statement lines AZZ Inc. filed)
What to check next
What to check next on AZZ Inc., and where in its filings. (3 questions for AZZ Inc.)
In one paragraph
One paragraph on AZZ Inc.'s returns, cash, balance sheet and price. (15 of sixteen figures read for AZZ Inc.)

These are AZZ’s filed figures. The research desk says what they mean, against peers and its own years, with what to check next.

Research AZZPart of Serious. New accounts start with 30 days of Professional, free, no card.

2 of 10

What changed

The newest filing, what it moved, and when the next one is due.

SEC filingCompany statement

The newest accounts on file are the FY2026 annual report: 10-K, filed Apr 22, 2026, accession 0000008947-26-000068.

3 of 10

Quality

The returns the business earns on its capital, and the margins behind them.

SEC filingComputed

AZZ Inc: returns on capital and margins, each with its source
FigureValue, source and document
Return on invested capital, after tax10.7% ComputedFY2026 10-K, filed Apr 22, 2026, 0000008947-26-000068
Return on equity23.7% ComputedFY2026 10-K, filed Apr 22, 2026, 0000008947-26-000068
Return on capital employed, pre-tax13.4% ComputedFY2026 10-K, filed Apr 22, 2026, 0000008947-26-000068
Return on assets14.3% ComputedFY2026 10-K, filed Apr 22, 2026, 0000008947-26-000068
Gross margin23.9% ComputedFY2026 10-K, filed Apr 22, 2026, 0000008947-26-000068
Operating margin16.0% ComputedFY2026 10-K, filed Apr 22, 2026, 0000008947-26-000068
Net margin19.2% ComputedFY2026 10-K, filed Apr 22, 2026, 0000008947-26-000068
AZZ 19.2%
ESAB 8.0%WOR 11.3%PRLB 4.0%GPGI -227.3%
-227.3%19.2%
Net margin: AZZ against the 4 companies named under Valuation context, each as filed for its own latest year. Placement only: no average is drawn.

4 of 10

Financial strength

What it owes against what it owns, and whether it can meet what falls due.

SEC filingComputedCompany statement

AZZ Inc: leverage, liquidity and distress, each with its source
FigureValue, source and document
Debt to equity0.40 ComputedFY2026 10-K, filed Apr 22, 2026, 0000008947-26-000068
Current ratio1.70 ComputedFY2026 10-K, filed Apr 22, 2026, 0000008947-26-000068
Quick ratio1.21 ComputedFY2026 10-K, filed Apr 22, 2026, 0000008947-26-000068
Interest coverage4.76x ComputedFY2026 10-K, filed Apr 22, 2026, 0000008947-26-000068
Altman Z-score4.49 ComputedClose of Oct 15, 2026 · FY2026 10-K, filed Apr 22, 2026, 0000008947-26-000068
Net debt537.7M ComputedFY2026 10-K, filed Apr 22, 2026, 0000008947-26-000068
Total assets 2.21BTotal liabilities 876.4MShareholders' equity 1.34BOwnsOwes, and equity
Total assets Total liabilities Shareholders’ equity
The balance sheet, line by line

Financial health

What AZZ Inc owned and owed at the end of fiscal 2026, from the balance sheet it filed (10-K, filed Apr 22, 2026, 0000008947-26-000068).

AZZ Inc: balance sheet position
Total assets2.21B FiledFY2026 10-K, filed Apr 22, 2026
Total liabilities876.4M FiledFY2026 10-K, filed Apr 22, 2026
Shareholders' equity1.34B FiledFY2026 10-K, filed Apr 22, 2026
Cash705.0K FiledFY2026 10-K, filed Apr 22, 2026
Total debt538.4M FiledFY2026 10-K, filed Apr 22, 2026
Net debt537.7M
Current ratio1.70
Debt to equity0.40

Read from the filed balance sheet for each year, with the income statement of the same year supplying operating profit where a ratio needs it. Nothing here is a view on whether this company is sound.

5 of 10

Valuation context

What the market charges for it, against its own record and companies like it.

Market dataSEC filingComputed

AZZ Inc: what the market charges, each with its source
FigureValue, source and document
Price to earnings12.33x ComputedClose of Oct 15, 2026 · FY2026 10-K, filed Apr 22, 2026, 0000008947-26-000068
P/E on trailing twelve months24.63x ComputedClose of Oct 15, 2026 · Trailing four quarters, each as known on the day; the quarterly filings are listed under Filings
Price to book2.95x ComputedClose of Oct 15, 2026 · FY2026 10-K, filed Apr 22, 2026, 0000008947-26-000068
Price to sales2.39x ComputedClose of Oct 15, 2026 · FY2026 10-K, filed Apr 22, 2026, 0000008947-26-000068
Enterprise value to EBIT16.94x ComputedClose of Oct 15, 2026 · FY2026 10-K, filed Apr 22, 2026, 0000008947-26-000068
Enterprise value to EBITDA12.64x ComputedClose of Oct 15, 2026 · FY2026 10-K, filed Apr 22, 2026, 0000008947-26-000068
Price to earnings over growth
Why n/a

We do not hold this figure for this company, so there is nothing to show.

n/a ComputedClose of Oct 15, 2026 · FY2026 10-K, filed Apr 22, 2026, 0000008947-26-000068
Diluted earnings per share10.50 USD FiledFY2026 10-K, filed Apr 22, 2026, 0000008947-26-000068
Graham number102.69 USD ComputedFY2026 10-K, filed Apr 22, 2026, 0000008947-26-000068

We publish no fair value or price target of our own. Value AZZ on your own assumptions in the DCF workbench, starting from the filed figures.

Its own record, and companies like it

Valuation

What the market charges for AZZ Inc today, and the multiples it has carried. No value of ours: the figures are the filings’ and the market’s.

AZZ Inc: valuation
Share price130.59 USD
Market capitalisation3.92B USD
Enterprise value to EBITDA12.64x
Graham number102.69 USD
Diluted earnings per share, FY202610.50 USD

Price to earnings on trailing twelve months, a different basis from the fiscal-year P/E above, since Oct 3, 2016: low 7.29x, median 22.55x, high 169.43x, latest 24.63x. 2,332 trading days with a meaningful ratio, 189 more on a loss and left out. Each close over the trailing twelve months of earnings as known that day: a quarter counts from the day it was filed.

Companies like AZZ Inc

  1. ESAB Corporation (ESAB)Market cap 4.08B USD
  2. Worthington Industries, Inc. (WOR)Market cap 3.15B USD
  3. Proto Labs, Inc. (PRLB)Market cap 2.09B USD
  4. GPGI, Inc. (GPGI)Market cap 3.68B USD

Same industry (Manufacturing - Metal Fabrication) and size band (Mid, 2B to 10B), nearest in market value, net margin and current ratio. Each of those counts equally, by how many of the companies considered sit between the two on it. Closest first: the order is likeness and nothing else.

6 of 10

Cash generation

Whether profit arrives as cash, and what is paid back to shareholders.

SEC filingComputed

AZZ Inc: cash generation and what is paid out, each with its source
FigureValue, source and document
Free cash flow yield11.3% ComputedClose of Oct 15, 2026 · FY2026 10-K, filed Apr 22, 2026, 0000008947-26-000068
Free cash flow444.7M USD ComputedFY2026 10-K, filed Apr 22, 2026, 0000008947-26-000068
Free cash flow margin26.9% ComputedFY2026 10-K, filed Apr 22, 2026, 0000008947-26-000068
Dividend yield0.6% ComputedClose of Oct 15, 2026 · FY2026 10-K, filed Apr 22, 2026, 0000008947-26-000068
Payout ratio7.3% ComputedFY2026 10-K, filed Apr 22, 2026, 0000008947-26-000068
FY2016 Free cash flow: 69.7M USDFY2016 Net income: 61.3M USDFY2017 Free cash flow: 47.2M USDFY2017 Net income: 45.2M USDFY2018 Free cash flow: 85.9M USDFY2018 Net income: 51.2M USDFY2019 Free cash flow: 109.7M USDFY2019 Net income: 48.2M USDFY2020 Free cash flow: 64.9M USDFY2020 Net income: 39.6M USDFY2022 Free cash flow: 62.4M USDFY2022 Net income: 84.0M USDFY2023 Free cash flow: 34.3M USDFY2023 Net income: -53.0M USDFY2024 Free cash flow: 149.3M USDFY2024 Net income: 101.6M USDFY2025 Free cash flow: 134.0M USDFY2025 Net income: 128.8M USDFY2026 Free cash flow: 444.7M USDFY2026 Net income: 317.3M USD
Free cash flow Net incomeProfit that arrives as cash stands level with net income; a gap year after year is worth reading about.

7 of 10

Filings

Every figure, the year it is for and the document it was read from.

SEC filingMarket data

The filed figures

Computed from the accounts this company filed with the SEC and, in a ratio with a price in it, the last close, dated on this page. Every filed figure below carries the fiscal year and the filing date its accounts were read from, and every blank carries the reason it is blank. Nothing here is a view on this company.

AZZ Inc.: the eight ratios, with the fiscal year and filing date behind each.
FigureValueYearAs of
12.33xFY2026Oct 15, 2026
2.95xFY2026Oct 15, 2026
16.94xFY2026Oct 15, 2026
11.3%FY2026Oct 15, 2026
10.7%FY2026Apr 22, 2026
0.6%FY2026Oct 15, 2026
0.40FY2026Apr 22, 2026
1.70FY2026Apr 22, 2026
2.39xFY2026Oct 15, 2026
n/aFY2026Oct 15, 2026
n/a This figure compares a year against the one before it, and we hold one filed year for this company.
4.49FY2026Oct 15, 2026
-2.48FY2026Apr 22, 2026
7/9FY2026Apr 22, 2026

The figures are computed from the accounts for fiscal 2026, the newest full year on file. 15 filed fiscal years on record, FY2011 to FY2026, from SEC EDGAR. Prices as of Oct 15, 2026. Ratios recomputed Oct 15, 2026. Two facts, because a recompute is not a fresh quote.

The year and the filing date name the statement each figure’s accounts are read from, and they stand even where the figure itself could not be computed: the line beneath a blank says what that statement did not carry. A figure’s name opens its formula and the filings behind it; a statement that names no SEC filing has no filing date, and reads n/a.

Ten years of filed figures, year by year

Ten years of filed figures

10 filed fiscal years, FY2016 to FY2026, read from the annual reports AZZ Inc filed with the SEC. Each year names its filing. Amounts in USD, as filed.

AZZ Inc: revenue, earnings, free cash flow and returns, by fiscal year, with the filing each year was read from
YearRevenueOperating incomeNet incomeEPS, dilutedFree cash flowOperating marginReturn on equityFiling
FY20261.65B264.6M317.3M10.50444.7M16.0%23.7%10-K, Apr 22, 20260000008947-26-000068
FY20251.58B236.4M128.8M1.79134.0M15.0%12.3%10-K, Apr 21, 20250000008947-25-000046
FY20241.54B221.6M101.6M3.46149.3M14.4%14.5%10-K, Apr 22, 20240000008947-24-000044
FY20231.32B173.6M-53.0M-2.4534.3M13.1%-8.6%10-K, Apr 25, 20230000008947-23-000042
FY2022525.6M79.2M84.0M3.3562.4M15.1%12.6%10-K, Apr 22, 20220000008947-22-000034
FY2020480.6M47.5M39.6M1.5264.9M9.9%6.4%10-K, Apr 23, 20210000008947-21-000052
FY20191.06B79.3M48.2M1.84109.7M7.5%7.6%10-K, Apr 29, 20200000008947-20-000045
FY2018927.1M77.0M51.2M1.9685.9M8.3%8.5%10-K, May 17, 20190000008947-19-000058
FY2017810.4M48.2M45.2M1.7347.2M6.0%8.0%10-K, May 15, 20180000008947-18-000071
FY2016863.5M98.9M61.3M2.3569.7M11.4%11.5%10-K, Apr 20, 20170000008947-17-000050
  • Revenue, compound annual growth FY2016 to FY2026: 6.7%
  • Earnings, compound annual growth FY2016 to FY2026: 17.9%
  • Earnings per share, compound annual growth FY2016 to FY2026: 16.1%
  • Free cash flow, compound annual growth FY2016 to FY2026: 20.4%

Every figure in this section is a line of a filed annual statement or a ratio of two of them. Nothing here is estimated or smoothed. Earnings per share filed before a share split are put on today's share count, and say so. Nothing here is a verdict on the company.

8 of 10

Risks and guardrails

The accounting screens, the published tests, and the lines you can set to be told.

ComputedCompany statement

AZZ Inc: accounting screens and published tests, each with its source
FigureValue, source and document
Beneish M-score-2.48 ComputedFY2026 10-K, filed Apr 22, 2026, 0000008947-26-000068
Piotroski F-score7/9 ComputedFY2026 10-K, filed Apr 22, 2026, 0000008947-26-000068
Named tests met6 of 30 Computed
Beta1.06 ComputedClose of Oct 15, 2026

The named tests

Of 30 tests value investors published: 6 met, 24 not met, 0 we could not complete. Counts, never a score: a single figure would have to decide that meeting one investor’s criteria and meeting another’s are worth the same.

Which tests, by name(all 30)
Meets
ROIC at or above WACC; Owner earnings yield; High return on tangibles; Cash-covered dividend; Cash-flow yield and ROIC; Cheapest quarter on P/E (David Dreman)
Does not
Defensive investor (Benjamin Graham); Deep value; Large cap, low P/E; Earnings yield and ROIC (Joel Greenblatt); High F-score, low P/B (Joseph Piotroski); Three forensic scores; Low PEG, low debt (Peter Lynch); High returns and growth; Gross margin, turnover (Robert Novy-Marx); EV/EBITDA and coverage; High yield, low payout; Dividends and buybacks; Low beta, profitable; Near the 52-week low; Z-score and coverage (Edward Altman); Two thirds of NCAV (Benjamin Graham); P/E times P/B (Benjamin Graham); High returns, low debt; Low P/S, rising earnings (James O'Shaughnessy); Book or below, low debt (Walter Schloss); Tangible book or below; Clean books, high ROIC; Cheapest quarter on P/B (David Dreman); Low P/E, growth, yield (John Neff)
Figures we could not read(1)
  • PEG Ratio: We do not hold this figure for this company, so there is nothing to show.

9 of 10

Declared positions

Whether anybody here owns this company.

Positions declared by Javier Sanz Alvarez: no holding in any company shown here, as of October 3, 2026.

10 of 10

Next step

What to do with what you have read.

A thesis is your reason for owning it, in your words, with the figures that must stay true. Checking those figures every night against the newest filed accounts, and telling you once when one breaks, is what the subscription adds.

More on this company

What this cannot tell you

  • One figure could not be read on this company: PEG Ratio.

And the one that is true of all of it: This is what the numbers say today. It cannot tell you the day one of them stops being true. Nothing here can, because the reasons are not written down.

Running this once is arithmetic on public documents and you are welcome to it. Writing down why you own each company, in your own words and with the numbers that have to stay true for it to hold, and then having those numbers re-checked every night against the newest filed accounts, and against the latest close where a rule watches a price, is Professional, the plan a new account starts on for 30 days, one trial per person. It writes to you the day one breaks, and stays quiet when nothing does. The check runs every night at 23:30 UTC. A filing is picked up the night after it is published.

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Analyze your own portfolio

ValueScreener · valuescreener.ai · Computed from accounts filed with the SEC by this company, read from EDGAR, and from dated closing prices. On this page a filed figure opens into its formula, its inputs and the statement, fiscal year and filing date it was read from, and a price into the day of its close. A figure that cannot show that trail says so.

A computation on accounts filed with the SEC, not a recommendation and not advice. Past filings do not indicate future results. Risk disclaimer.

Once a week, what changed in the filings of US-listed companies, why it can matter to a thesis, and what deserves a closer review. Grounded in filings, not market noise.

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ValueScreener is a trading name of Oliva Real Estate Technologies LLC, a Delaware limited liability company. Legal notices: legal@valuescreener.ai. © 2026 Oliva Real Estate Technologies LLC. All rights reserved.

Risk disclaimer. This service is provided for research and education only. Nothing on it is investment advice, a recommendation, or an offer to buy or sell any security. Capital is at risk, and past performance does not indicate future results. Figures come from filed accounts and may be incomplete, delayed or later restated, so verify a number against the filing before you act on it.