NYSE$AZZ
Azz Inc · Q1 2025 earnings
Q1 2025 earnings · · Investor relations
Briefing
Reported record quarterly sales and margin expansion on organic growth, generating significant cash flow.
AZZ Inc. reported strong Q1 2025 results with a 5.7% increase in total sales to $413.2 million and adjusted EPS of $1.46. The company saw growth in both Metal Coatings and Precoat Metals segments, with improved EBITDA margins. They also strengthened their balance sheet by redeeming the Series A Preferred Stock and reducing debt.
- Total sales increased by 5.7% to $413.2 million, driven by growth in both Metal Coatings and Precoat Metals segments.
- Net income was $39.6 million, up 38.8%, while adjusted net income reached $44.0 million, a 31.9% increase.
- EBITDA grew to $94.1 million, representing 22.8% of sales, up from 21.8% in the prior year.
- The company generated $71.9 million in operating cash flow, enabling debt reduction of $25.0 million and a net leverage ratio of 2.8x.
Headline financials
Revenue & EPS history
Azz · Revenue · Quarterly
$413M
Revenue by segment
Azz · $399M total across 2 segments · Q2 2024
- Precoat Metals$229M-5.0%57.4%
- Metal Coatings$170M+2.4%42.6%
Forward guidance
The company reiterated its FY25 guidance issued on April 8, 2024.
Tailwinds
- Sales are expected to be between $1.525 billion and $1.625 billion.
- Adjusted EBITDA is projected to be in the range of $310 million to $360 million.
- Adjusted diluted EPS is anticipated to be between $4.50 and $5.00.
- Guidance excludes the impact of any future acquisitions.
- Guidance includes approximately $15 - $18 million of equity income from AZZ’s minority interest in its unconsolidated subsidiary.
Headwinds
- Guidance excludes the impact of any future acquisitions.
- Includes approximately $15 - $18 million of equity income from AZZ’s minority interest in its unconsolidated subsidiary.
- Adjusted Diluted EPS guidance includes the addback of amortization related to the Company’s intangible assets.
- Changes in customer demand for manufactured solutions, including demand by the construction markets, the industrial markets, and the metal coatings markets.
- Economic volatility, including a prolonged economic downturn or macroeconomic conditions such as inflation or changes in the political stability in the United States and other foreign markets in which we operate.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2025
-0.7%
Avg return
Earnings day
-0.9%
Avg return
5 days after
+1.7%
Avg return
30 days after
38%
25 / 65 earnings
Positive
+19.3%
Q1 2019
Best reaction
-14.4%
Q1 2014
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2026 | -1.3% | +4.9% | +1.6% | |
| Q3 2026 | +6.5% | +10.9% | +18.4% | |
| Q2 2026 | -5.3% | -5.3% | -5.6% | |
| Q1 2026 | +3.2% | +4.9% | +6.0% | |
| Q4 2025 | +3.1% | +9.8% | +15.4% | |
| Q3 2025 | -2.3% | -1.6% | +12.3% | |
| Q2 2025 | -4.2% | +0.6% | +4.9% | |
| Q1 2025 | +8.2% | +10.9% | -1.4% | |
| Q4 2024 | +10.9% | -4.4% | +12.3% | |
| Q3 2024 | -0.4% | +1.5% | +17.8% | |
| Q2 2024 | +6.7% | +3.5% | +1.0% | |
| Q1 2024 | +2.7% | +4.4% | +9.1% | |
| Q4 2023 | -7.2% | -4.8% | -10.9% | |
| Q3 2023 | +6.9% | +4.2% | -2.3% | |
| Q2 2023 | -0.4% | -15.0% | +1.8% | |
| Q1 2023 | -2.3% | -3.4% | +4.8% | |
| Q4 2022 | -2.2% | -5.2% | -9.5% | |
| Q3 2022 | -5.8% | -6.5% | -11.4% | |
| Q2 2022 | +2.4% | -2.5% | +2.9% | |
| Q1 2022 | +6.8% | +2.2% | +2.6% | |
| Q4 2021 | -1.5% | -1.1% | +0.2% | |
| Q3 2021 | +1.4% | -4.1% | +0.5% | |
| Q2 2021 | -4.7% | -6.5% | +0.6% | |
| Q1 2021 | -11.6% | -12.3% | +1.8% | |
| Q4 2020 | +4.6% | -4.6% | +5.5% | |
| Q3 2020 | -2.2% | -1.3% | -6.3% | |
| Q2 2020 | +18.4% | +15.9% | +17.9% | |
| Q1 2020 | +2.1% | +0.2% | -6.1% | |
| Q4 2019 | -0.7% | -5.2% | -3.9% | |
| Q3 2019 | +7.2% | +9.7% | +8.9% | |
| Q2 2019 | -9.1% | -6.1% | -1.7% | |
| Q1 2019 | +19.3% | +21.2% | +24.0% | |
| Q4 2018 | -8.4% | -6.8% | +0.8% | |
| Q3 2018 | -8.4% | -6.8% | +0.8% | |
| Q2 2018 | -5.4% | -8.0% | -5.9% | |
| Q1 2018 | -14.0% | -12.9% | -9.8% | |
| Q4 2017 | -3.5% | +3.7% | -7.7% | |
| Q3 2017 | -11.3% | -6.7% | -8.3% | |
| Q2 2017 | -10.4% | -14.8% | -19.1% | |
| Q1 2017 | +0.1% | +0.3% | +4.6% | |
| Q4 2016 | -0.0% | — | — | |
| Q3 2016 | -0.7% | — | — | |
| Q2 2016 | -1.7% | — | — | |
| Q1 2016 | -1.1% | — | — | |
| Q4 2015 | +3.5% | — | — | |
| Q3 2015 | -7.7% | — | — | |
| Q2 2015 | +3.5% | — | — | |
| Q1 2015 | +9.6% | — | — | |
| Q4 2014 | -2.3% | — | — | |
| Q3 2014 | -14.1% | — | — | |
| Q2 2014 | -0.4% | — | — | |
| Q1 2014 | -14.4% | — | — | |
| Q4 2013 | -2.4% | — | — | |
| Q3 2013 | +4.2% | — | — | |
| Q2 2013 | +9.3% | — | — | |
| Q1 2012 | +2.2% | — | — | |
| Q1 2013 | -1.5% | — | — | |
| Q4 2012 | +1.6% | — | — | |
| Q4 2010 | +1.6% | — | — | |
| Q3 2011 | -0.2% | — | — | |
| Q3 2012 | -0.2% | — | — | |
| Q2 2011 | -6.0% | — | — | |
| Q2 2012 | -6.0% | — | — | |
| Q4 2011 | -6.0% | — | — | |
| Q1 2011 | -3.6% | — | — |
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