{ "ok": true, "cik": "8947", "ticker": "AZZ", "name": "AZZ Inc.", "filings": [ { "form": "8-K", "filed": "2026-08-03", "items": [ "5.02 Departure or Election of Directors; Appointment of Officers", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/8947/000000894726000167/0000008947-26-000167-index.htm" }, { "form": "8-K", "filed": "2026-07-08", "items": [ "2.02 Results of Operations and Financial Condition", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/8947/000000894726000163/0000008947-26-000163-index.htm" }, { "form": "10-Q", "filed": "2026-07-08", "items": [], "url": "https://www.sec.gov/Archives/edgar/data/8947/000000894726000162/0000008947-26-000162-index.htm" }, { "form": "8-K", "filed": "2026-07-07", "items": [ "5.07 Submission of Matters to a Vote of Security Holders", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/8947/000000894726000134/0000008947-26-000134-index.htm" }, { "form": "8-K", "filed": "2026-06-25", "items": [ "8.01 Other Events", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/8947/000000894726000120/0000008947-26-000120-index.htm" }, { "form": "8-K", "filed": "2026-05-28", "items": [ "7.01 Regulation FD Disclosure", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/8947/000000894726000110/0000008947-26-000110-index.htm" } ], "events12m": 16, "healthWatch": { "window": "last 12 months", "since": "2025-09-28", "signals": [ { "code": "5.02", "label": "Director or officer change", "count": 3, "latest": { "filed": "2026-08-03", "url": "https://www.sec.gov/Archives/edgar/data/8947/000000894726000167/0000008947-26-000167-index.htm" } } ], "note": "Events the company itself filed with the SEC, most serious first. Shown beside the figures; they do not change the range or its receipt." }, "sources": { "facts": "https://data.sec.gov/api/xbrl/companyfacts/CIK0000008947.json", "filings": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=8947" }, "license": "Figures as filed with the SEC. Card text CC BY 4.0, POPS4.", "notAdvice": "Reporting, not investment advice. No price targets and no trading recommendations.", "edgar": "🫧 Edgar looked up AZZ Inc. ($AZZ). Last filing: 8-K (5.02 Departure or Election of Directors; Appointment of Officers), 2026-08-03. 16 event filings (8-K) in the past twelve months.", "auditor": { "changes": [], "nonReliance": [], "restatedSince": null }, "metrics": { "fiscalYearEnd": "2026-02-28", "revenue": 1650080000, "revenueGrowth1y": 0.04584774209250675, "revenueGrowthPerYear": 0.3311065611066679, "yearsOfData": 5, "operatingMargin": 0.1603661640647726, "operatingMarginPrior": 0.14981137624354776, "netMargin": 0.19226946572287404, "operatingCashFlow": 525446000, "capitalSpending": 80776000, "freeCashFlow": 444670000, "researchAndDevelopment": null, "researchShareOfRevenue": null, "cash": 705000, "longTermDebt": 477738000, "longTermDebtChange": -0.4395147618684484, "revenueHistory": [ { "fiscalYearEnd": "2022-02-28", "revenue": 525598000 }, { "fiscalYearEnd": "2023-02-28", "revenue": 1323649000 }, { "fiscalYearEnd": "2024-02-29", "revenue": 1537589000 }, { "fiscalYearEnd": "2025-02-28", "revenue": 1577744000 }, { "fiscalYearEnd": "2026-02-28", "revenue": 1650080000 } ], "totalEquity": 1337031000, "totalAssets": 2213474000, "equityRatio": 0.6040418816755923, "returnOnEquity": 0.23728694398260025, "dividendsPaid": 23075000, "payoutRatio": 0.07273214398285319, "dividendPerShare": 0.77, "dividendYearsRising": 1, "dividendCut": false, "priceBased": "Dividend yield, price/earnings and price/book need a share price. The boards carry filings only, so they are not shown.", "earningsPerShare": 10.59, "sharesOutstanding": 30211000, "bookValuePerShare": 44.25642977723346, "revenuePerShare": 54.618516434411305, "range80": { "low": 1095035911.3932521, "high": 2673213295.9846773, "baseline": 1750810526.340024, "n": 4599, "band": "b1", "bandLabel": "$1B–10B", "method": "v4.1", "credibility": 0.5714285714285714, "growthYears": 5, "ownVolatility": 0.3813940841617223, "classVolatility": 0.07701947805587882, "volatility": 0.2926826144805607 }, "ifPaceHeld": { "low": 1095035911.3932521, "high": 2673213295.9846773 } }, "edgarette": "🔖 Exposure: revenue $1.7B (FY2026), total debt $477.7M. Experience: revenue up 4.6% on the year, up 33.1% a year over 4 years; operating margin 16.0%, up from 15.0%. Soundness: equity 60.4% of assets, return on equity 23.7%, payout 7.3% of profit, dividend per share up 1 year running. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $1.1B and $2.7B next year (method v4.1: its own 5-year record of growth weighed at 57% against $1B–10B filers; on a year the method never saw, 83.4% landed inside). In a shock year the stress range is $790.4M to $3.7B. A statistical range, not company guidance. Against peers (38 filers, $50M+ revenue, its industry group): operating margin 16.0% against a 8.1% median; growth 4.6% against 2.4%.", "peers": { "sic": 3470, "sicDescription": "Coating, Engraving & Allied Services", "calendarYear": 2025, "minRevenue": 50000000, "depth": 2, "group": "34", "growth": [ 0.0243, 40 ], "opMargin": [ 0.0809, 38 ], "equityRatio": [ 0.4846, 39 ], "returnOnEquity": [ 0.0852, 34 ], "payoutRatio": [ 0.2459, 26 ] }, "summary": "Azz (AZZ) grew revenue 4.6% in FY2026 to $1.7 billion, operating margin 16.0% against a 8.1% median for coating, engraving & allied services, equity 60.4% of assets, and dividend per share up 1 year running. Every figure is from the company’s own annual report filed with the SEC.", "chart": "
AZZ Inc. against its own record and its peers
Operating marginPeer median 8.1%16.0%Revenue, on the yearPeer median 2.4%4.6%Equity of assetsPeer median 48.5%60.4%Return on equityPeer median 8.5%23.7%Payout of profitPeer median 24.6%7.3%Gold tick: the median of 26–39 peers with $50M+ revenue in coating, engraving & allied services
", "chartHorizon": "
Handed back now, or kept to compound · of each dollar of profit
7.3% paid out92.7% keptHanded back per share$0.77up 1 year runningGrowth its own profit can fund22.0%managed 4.6% last year

Gold paid out, navy kept. Kept share × return on equity = the growth it can fund itself. Facts from the filings, not a recommendation.

", "backtest": { "tests": 13, "hits": 10, "rate": 0.7692307692307693, "method": "v4", "byYear": { "2014": [ 1, 1 ], "2015": [ 1, 1 ], "2016": [ 1, 1 ], "2017": [ 1, 1 ], "2018": [ 1, 1 ], "2019": [ 1, 1 ], "2020": [ 1, 1 ], "2021": [ 0, 1 ], "2022": [ 0, 1 ], "2023": [ 0, 1 ], "2024": [ 1, 1 ], "2025": [ 1, 1 ], "2026": [ 1, 1 ] }, "note": "hindsight: the same credibility-weighted range on the company's own past years. Years 2018-2023 were used to fit or tune the method, so only 2025 outcomes are fully out of sample." }, "registry": { "logged": "2026-09-28T19:07:17.702Z", "hash": "900158e7d16aa648", "status": "open" }, "caution": "Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.", "schema": "pops4.edgarette.card/1", "card": { "summary": "Azz (AZZ) grew revenue 4.6% in FY2026 to $1.7 billion, operating margin 16.0% against a 8.1% median for coating, engraving & allied services, equity 60.4% of assets, and dividend per share up 1 year running. Every figure is from the company’s own annual report filed with the SEC.", "exposure": { "fiscalYearEnd": "2026-02-28", "revenue": 1650080000, "totalDebt": 477738000, "cash": 705000 }, "experience": { "revenueGrowth1y": 0.04584774209250675, "revenueGrowthPerYear": 0.3311065611066679, "operatingMargin": 0.1603661640647726, "operatingMarginPrior": 0.14981137624354776, "netMargin": 0.19226946572287404, "freeCashFlow": 444670000 }, "soundness": { "equityRatio": 0.6040418816755923, "returnOnEquity": 0.23728694398260025, "payoutRatio": 0.07273214398285319, "dividendPerShare": 0.77, "dividendYearsRising": 1, "dividendCut": false, "note": "Dividend yield, price/earnings and price/book need a share price. The boards carry filings only, so they are not shown." }, "peers": { "sic": 3470, "sicDescription": "Coating, Engraving & Allied Services", "calendarYear": 2025, "minRevenue": 50000000, "depth": 2, "group": "34", "growth": [ 0.0243, 40 ], "opMargin": [ 0.0809, 38 ], "equityRatio": [ 0.4846, 39 ], "returnOnEquity": [ 0.0852, 34 ], "payoutRatio": [ 0.2459, 26 ] }, "credibility": { "auditedYears": 5, "weight": "reasonable", "standard": "ASOP No. 25", "nonReliance": null, "auditorChange": null }, "healthWatch": { "window": "last 12 months", "since": "2025-09-28", "signals": [ { "code": "5.02", "label": "Director or officer change", "count": 3, "latest": { "filed": "2026-08-03", "url": "https://www.sec.gov/Archives/edgar/data/8947/000000894726000167/0000008947-26-000167-index.htm" } } ], "note": "Events the company itself filed with the SEC, most serious first. Shown beside the figures; they do not change the range or its receipt." }, "range": { "low": 1095035911.3932521, "high": 2673213295.9846773, "baseline": 1750810526.340024, "coverage": 0.8, "method": "v4.1", "basis": "next fiscal year revenue: baseline = revenue x (1 + mean of one-year and three-year pace); width = the company's own volatility of yearly growth, credibility-weighted against its size class (Buhlmann), scaled to the 80% target on 2023 and tested on 2024", "calibratedOn": { "companyYears": 4599, "sizeBand": "$1B–10B", "fitYears": [ 2018, 2022 ], "tuneYear": 2023, "testYear": 2024, "coverageOnTestYear": 0.8341 }, "credibility": { "weightOnOwnRecord": 0.571, "growthYears": 5, "ownVolatility": 0.3813940841617223, "classVolatility": 0.07701947805587882, "pricedVolatility": 0.2926826144805607, "k": 3 }, "stress": { "low": 790445104.1268932, "high": 3704477447.8959265, "basis": "the same range with widths set to hold 80% across 2018-2023, pandemic years included" }, "kind": "a statistical range, not company guidance; no view on the share price", "track": { "backtest": { "tests": 13, "hits": 10, "rate": 0.7692307692307693, "method": "v4", "byYear": { "2014": [ 1, 1 ], "2015": [ 1, 1 ], "2016": [ 1, 1 ], "2017": [ 1, 1 ], "2018": [ 1, 1 ], "2019": [ 1, 1 ], "2020": [ 1, 1 ], "2021": [ 0, 1 ], "2022": [ 0, 1 ], "2023": [ 0, 1 ], "2024": [ 1, 1 ], "2025": [ 1, 1 ], "2026": [ 1, 1 ] }, "note": "hindsight: the same credibility-weighted range on the company's own past years. Years 2018-2023 were used to fit or tune the method, so only 2025 outcomes are fully out of sample." }, "registry": { "logged": "2026-09-28T19:07:17.702Z", "hash": "900158e7d16aa648", "status": "open" }, "scorecard": "https://www.pops4.com/boards/scorecard" } }, "caution": "Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.", "sources": { "facts": "https://data.sec.gov/api/xbrl/companyfacts/CIK0000008947.json", "filings": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=8947" }, "speedCash": { "fiscalYear": 2025, "cashConversion": 0.3184, "growth3y": 0.0762, "volatility": 0.4286, "paysDividend": true, "raisedDividend": true, "equityRatio": 0.5914, "quadrant": { "code": "fj", "label": "Fast and jumpy", "plain": "growing faster than its size class, with revenue that swings more" }, "compass": { "code": "later", "inside": "Turns 31.8% of revenue into operating cash; revenue growing 7.6% a year over three years; pays and raised its dividend.", "outside": "Among $1B-10B companies: 84th percentile for cash, 62nd for growth.", "emoji": "🌱", "label": "Cash cow later", "plain": "growing fast, and already turning revenue into cash" }, "band": "$1B-10B", "cashPctInClass": 84, "growthPctInClass": 62, "source": "SEC XBRL frames, the company’s own audited figures; quadrant split at the median of its size class" }, "harbor": { "signs": [ { "key": "range", "text": "revenue is hard to predict: its 80% range is ±42%" } ], "rule": "Boat condition = number of warning signs: a serious warning filing in 12 months; liabilities over assets; slow and jumpy; negative operating cash; an 80% revenue range of ±25% or wider.", "level": 1, "name": "Sound ship", "plain": "one warning sign" }, "cashFlow": { "fiscalYearEnd": "2026-02-28", "operating": 525446000, "investing": -91482000, "financing": -434122000, "capitalSpending": 80776000, "free": 444670000, "trend": [ { "fiscalYearEnd": "2022-02-28", "operating": 86010000, "free": 62420000 }, { "fiscalYearEnd": "2023-02-28", "operating": null, "free": null }, { "fiscalYearEnd": "2024-02-29", "operating": 244468000, "free": 149349000 }, { "fiscalYearEnd": "2025-02-28", "operating": 249909000, "free": 134026000 }, { "fiscalYearEnd": "2026-02-28", "operating": 525446000, "free": 444670000 } ], "note": "Annual, as filed in 10-K cash flow statements; negative investing/financing = cash going out (capital spending, buybacks, dividends, debt repaid)." }, "investments": { "fiscalYearEnd": "2026-02-28", "cash": 705000, "shortTerm": null, "longTerm": null, "equityHoldings": null, "totalAssets": 2213474000, "ladder": null, "currentRatio": 1.7, "unrealizedGain": null, "unrealizedLoss": null, "note": "Balance-sheet cash and investment securities at fiscal year end, as filed; short-term = due or saleable within a year. Insurers and banks hold most of their book here." } }, "definitions": { "operatingMargin": "Operating income divided by revenue.", "netMargin": "Net income divided by revenue.", "freeCashFlow": "Cash from operations minus spending on property and equipment.", "researchShareOfRevenue": "Research and development expense for the year as a share of revenue, both as filed.", "equityRatio": "Shareholders equity as a share of total assets, both as filed. Higher means less of the company is owed to someone else.", "returnOnEquity": "Net income for the year against shareholders equity at year end.", "payoutRatio": "Dividends paid as a share of net income, in the year the cash went out.", "dividendYearsRising": "Consecutive years, counted back from the last on record, in which dividend per share rose. A fall ends the run and is reported as dividendCut.", "revenueGrowthPerYear": "Compound annual growth between the first and latest fiscal years shown.", "credibility": "How much weight a record deserves, in the actuarial sense (ASOP No. 25): more audited years, more weight.", "peers": "Medians of SEC filers with $50M+ revenue in the same industry code (SIC), narrowest group with at least 8 filers, calendar-year figures from SEC XBRL frames.", "backtest": "The same range method applied to the company's own past years, scored against what it actually reported next. Hindsight, and labelled so.", "healthWatch": "Distress-type events the company filed in the last 12 months (late-filing notices; 8-K items 1.03, 3.01, 2.04, 4.02, 4.01, 2.05, 2.06, 1.05, 5.02), each with its count and newest filing. Display only: they do not change the range or its receipt." }, "speedCash": { "fiscalYear": 2025, "cashConversion": 0.3184, "growth3y": 0.0762, "volatility": 0.4286, "paysDividend": true, "raisedDividend": true, "equityRatio": 0.5914, "quadrant": { "code": "fj", "label": "Fast and jumpy", "plain": "growing faster than its size class, with revenue that swings more" }, "compass": { "code": "later", "inside": "Turns 31.8% of revenue into operating cash; revenue growing 7.6% a year over three years; pays and raised its dividend.", "outside": "Among $1B-10B companies: 84th percentile for cash, 62nd for growth.", "emoji": "🌱", "label": "Cash cow later", "plain": "growing fast, and already turning revenue into cash" }, "band": "$1B-10B", "cashPctInClass": 84, "growthPctInClass": 62, "source": "SEC XBRL frames, the company’s own audited figures; quadrant split at the median of its size class" }, "harbor": { "signs": [ { "key": "range", "text": "revenue is hard to predict: its 80% range is ±42%" } ], "rule": "Boat condition = number of warning signs: a serious warning filing in 12 months; liabilities over assets; slow and jumpy; negative operating cash; an 80% revenue range of ±25% or wider.", "level": 1, "name": "Sound ship", "plain": "one warning sign" }, "cashFlow": { "fiscalYearEnd": "2026-02-28", "operating": 525446000, "investing": -91482000, "financing": -434122000, "capitalSpending": 80776000, "free": 444670000, "trend": [ { "fiscalYearEnd": "2022-02-28", "operating": 86010000, "free": 62420000 }, { "fiscalYearEnd": "2023-02-28", "operating": null, "free": null }, { "fiscalYearEnd": "2024-02-29", "operating": 244468000, "free": 149349000 }, { "fiscalYearEnd": "2025-02-28", "operating": 249909000, "free": 134026000 }, { "fiscalYearEnd": "2026-02-28", "operating": 525446000, "free": 444670000 } ], "note": "Annual, as filed in 10-K cash flow statements; negative investing/financing = cash going out (capital spending, buybacks, dividends, debt repaid)." }, "investments": { "fiscalYearEnd": "2026-02-28", "cash": 705000, "shortTerm": null, "longTerm": null, "equityHoldings": null, "totalAssets": 2213474000, "ladder": null, "currentRatio": 1.7, "unrealizedGain": null, "unrealizedLoss": null, "note": "Balance-sheet cash and investment securities at fiscal year end, as filed; short-term = due or saleable within a year. Insurers and banks hold most of their book here." } }