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AZZ INC (AZZ)

Income Statement Business | Geographic

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsFeb-28-22Feb-28-21Feb-29-20Feb-28-19Feb-28-18Feb-28-17Feb-29-16Feb-28-15
   10-K10-K10-K10-K10-K10-K10-K10-K/A
Revenues:  
    Galvanizing      421.0375.5402.4358.3
    Energy      389.4488.0487.0461.3
    Metal Coatings  519.0457.8499.0440.3    
    Other  383.7381.1562.8486.8    
Total revenues  902.7838.91,061.8927.1810.4863.5889.4819.7
            Revenue growth   [+]7.6%-21.0%14.5%14.4%-6.2%-2.9%8.5%9.0%
Cost of goods sold  677.4650.2824.6728.5650.1658.2661.3612.9
Gross profit  225.2188.7237.2198.6160.3205.3228.1206.8
            Gross margin  25.0%22.5%22.3%21.4%19.8%23.8%25.6%25.2%
Selling, general and administrative  113.7107.1139.3121.7112.1106.4107.898.9
Other operating expenses  1.8-20.0    -0.3-2.5
EBITDA   [+]154.4146.2148.2127.298.8149.3168.0156.5
            EBITDA margin  17.1%17.4%14.0%13.7%12.2%17.3%18.9%19.1%
Depreciation  32.432.233.133.233.433.531.228.1
EBITA  122.0114.0115.194.065.3115.8136.8128.5
            EBITA margin  13.5%13.6%10.8%10.1%8.1%13.4%15.4%15.7%
Amortization of intangibles  12.312.417.117.017.116.916.218.0
EBIT   [+]109.7101.698.077.048.298.9120.6110.4
            EBIT margin  12.2%12.1%9.2%8.3%6.0%11.5%13.6%13.5%
Non-recurring items   [+]-3.640.018.6   0.32.5
Interest expense  6.49.613.515.013.914.715.216.6
Other income (expense), net  -0.6-1.0-1.01.0-3.51.1-2.8-0.1
Pre-tax income  106.351.064.963.030.985.3102.491.2
Income taxes  22.311.416.711.8-14.324.026.825.6
            Tax rate  21.0%22.3%25.7%18.7% 28.2%26.2%28.1%
Net income  84.039.648.251.245.261.375.565.6
            Net margin  9.3%4.7%4.5%5.5%5.6%7.1%8.5%8.0%
   
Basic EPS   [+]$3.38$1.53$1.84$1.97$1.74$2.36$2.93$2.56
Diluted EPS   [+]$3.35$1.52$1.84$1.96$1.73$2.35$2.91$2.55
   
Dividends per share   [+]$0.68$0.68$0.68$0.68$0.68$0.64$0.60$0.58
   
Shares outstanding (basic)   [+]24.925.926.226.026.026.025.825.7
Shares outstanding (diluted)   [+]25.126.026.326.126.026.125.925.8
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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