AZZ Inc. reported a significant increase in financial performance for the fiscal year ending February 28, 2026, with total sales reaching $1.65 billion, a rise of 4.6% from $1.58 billion in the previous fiscal year. The company's net income surged to $317.3 million, compared to $128.8 million in fiscal 2025, resulting in a net income margin of 19.2%, up from 8.2% the prior year. This increase in profitability was primarily driven by equity earnings from the AVAIL joint venture, which contributed $209.7 million to net income, including a net gain from the sale of the Electrical Products Group and the Welding Services Business.
In terms of operational developments, AZZ's Metal Coatings segment saw a 14.1% increase in sales, totaling $758.7 million, attributed to higher volumes of steel processed, particularly in the construction and industrial markets. Conversely, the Precoat Metals segment experienced a 2.3% decline in sales to $891.4 million, primarily due to reduced coil coating volumes in the construction and transportation sectors. The company also expanded its operational footprint with the acquisition of Canton Galvanizing, enhancing its metal coatings capacity in the Midwest.
As of February 28, 2026, AZZ employed approximately 3,767 individuals, with 83% being hourly workers. The company has emphasized its commitment to diversity and inclusion, reporting that 43.9% of its U.S. workforce is diverse. The company also noted a focus on employee engagement and development, with ongoing training programs and competitive compensation packages aimed at retaining skilled labor.
Looking ahead, AZZ anticipates that sales prices in its Metal Coatings segment will remain stable, while prices in the Precoat Metals segment are expected to rise due to increased material costs. The company expects demand to follow typical seasonal patterns, with volumes in the Metal Coatings segment remaining consistent. However, AZZ acknowledges potential risks, including economic volatility and fluctuations in customer demand, which could impact future performance. The company remains committed to its growth strategy, focusing on operational efficiency and strategic acquisitions to enhance its market position.
About AZZ INC
AZZ Inc. provides metal coating solutions including hot-dip galvanizing, coil coating, powder coating, anodizing, and plating primarily for North American steel fabrication, construction, appliance, HVAC, transportation, and industrial markets. Its business model centers on extending product lifecycles, corrosion protection, and aesthetic enhancement through sustainable, value-added coatings. AZZ operates multiple plants across the U.S. and Canada, serving fabricators, manufacturers, and distributors with a focus on quality and long-term customer value.
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