AZEK Earnings Reports

AZEK announced its fiscal first quarter 2025 results, with consolidated net sales increasing by 19% year-over-year to $285.4 million. The company's Residential segment saw a 22% increase in net sales. Net income decreased by 28% year-over-year to $18.1 million, while Adjusted EBITDA increased by 20% year-over-year to $65.9 million.

The AZEK Company reported a decrease in net sales for the quarter, primarily due to a shift in product purchases by channel partners and the sale of the Vycom business. However, the company highlighted strong financial results driven by strategic growth initiatives, with high-single-digit Residential sell-through growth.

AZEK reported a 12% increase in consolidated net sales to $434.4 million and a 45% increase in net income to $50.1 million. The Residential segment saw an 18% increase in net sales. The company reaffirmed its second-half fiscal 2024 outlook and raised the bottom end of its full-year fiscal 2024 outlook.

AZEK's first quarter fiscal 2024 showed strong performance with an 11% increase in consolidated net sales to $240.4 million and a significant 269% increase in Adjusted EBITDA to $55.7 million. The residential segment was a key driver, with a 24% increase in net sales. The company also raised its full-year fiscal 2024 net sales and Adjusted EBITDA outlook.

AZEK's Q4 2023 results showed strong growth, with net sales increasing by 27.6% year-over-year to $388.8 million and residential segment sales rising by 37.6%. Net income increased significantly to $42.6 million, and adjusted EBITDA reached $106.4 million, reflecting improved profitability and margin expansion.

AZEK reported Q3 2023 results with net sales of $387.6 million. Net income increased 26.9% year-over-year to $34.9 million, and Adjusted EBITDA increased 12.1% year-over-year to $97.0 million. The company is raising its full-year fiscal 2023 outlook for net sales and Adjusted EBITDA.

AZEK's Q2 2023 results exceeded expectations, driven by steady residential end market demand and disciplined operational execution. The company is on track with strategic initiatives and remains focused on material conversion away from wood. Working capital improvements led to a $90 million year-over-year increase in net cash from operating activities, and disciplined capital expenditure deployment generated another $30 million improvement.

AZEK Company Inc. reported a decrease in net sales for the first quarter of 2023, with a consolidated net sales of $216.3 million compared to $259.7 million in the same period last year. Net loss was ($25.8) million, or ($0.17) per share, compared to a net income of $16.7 million, or $0.11 per share, in the prior year. The company reaffirmed its fiscal year 2023 planning assumptions, expecting an approximately 10% year-over-year decline in volume and Adjusted EBITDA in the range of $250 to $265 million.

AZEK's Q4 2022 results showed a decrease in net sales by 12% to $304.6 million compared to the same period in the prior year. The company experienced a net loss of $4.8 million, or ($0.03) per share, compared to a net income of $38.6 million, or $0.25 per share, in the prior year. Adjusted EBITDA decreased to $65.1 million from $81.5 million in the prior year.

The AZEK Company reported a strong third quarter for fiscal year 2022, with net sales increasing by 20.6% to $395.0 million and net income increasing by 26.2% to $27.5 million. The company also announced the acquisition of INTEX Millwork and returned $58 million to shareholders through share repurchases.

AZEK Company reported strong second quarter fiscal 2022 results, with consolidated net sales increasing by 35.2% year over year to $396.3 million and net income increasing by 58.2% year over year to $35.8 million. The company is raising the midpoint of its fiscal 2022 net sales growth outlook and announced a $400 million share repurchase program.

AZEK Company reported a 22.3% increase in consolidated net sales, reaching $259.7 million, and a net income increase of $6.6 million to $16.7 million for the first quarter of fiscal year 2022. The company is increasing its fiscal 2022 net sales and adjusted EBITDA outlook, inclusive of recent acquisitions.

The AZEK Company announced record fourth quarter fiscal 2021 results, with consolidated net sales increasing 31.1% year over year to $346.1 million and net income increasing by $103.0 million year over year to $38.6 million. The company is expanding decking capacity with an additional new fourth phase, expecting cumulative capacity to increase over 100% by the end of 2022.

The AZEK Company reported a strong third quarter in fiscal year 2021, with consolidated net sales increasing by 46.4% year-over-year to $327.5 million. Net income increased significantly to $21.8 million, and the company is raising its full-year fiscal 2021 net sales and Adjusted EBITDA outlook.

The AZEK Company announced strong second-quarter results with a 19.4% increase in consolidated net sales to $293.1 million and a net income increase of $18.6 million to $22.7 million. The company is raising its full-year fiscal 2021 outlook, expecting consolidated net sales growth of 23% to 26% year-over-year.

AZEK reported a 1.1% increase in net sales to $223.7 million, driven by a 5.5% increase in the Residential segment, offset by a 19.7% decrease in the Commercial segment. The company's net loss was ($52.1) million, impacted by IPO-related and debt extinguishment expenses. Adjusted EBITDA increased by 9.6% to $57.8 million, with Adjusted EBITDA Margin expanding to 25.8%.