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Aug 31, 2024
Azz Q2 2025 Earnings Report
Reported second quarter results, driven by sales and margin expansion.
Key Takeaways
AZZ Inc. reported a 2.6% increase in total sales, reaching $409.0 million, and a 25.0% increase in net income to $35.4 million. Adjusted EPS increased by 7.9% to $1.37. The company also reduced debt by $20.0 million in the quarter and announced a repricing of their Term Loan B, reducing the borrowing rate by 75 basis points.
Total sales increased by 2.6% to $409.0 million.
Net income increased by 25.0% to $35.4 million.
Adjusted EPS increased by 7.9% to $1.37.
Debt was reduced by $20.0 million in the quarter.
Azz
Azz
Azz Revenue by Segment
Revenue by Segment
Metal Coatings Revenue
CapyFin.comPrecoat Metals Revenue
CapyFin.com Forward Guidance
Revised Fiscal Year 2025 guidance reflects our best estimates given expected market conditions for the full year, lower interest expense, an annualized effective tax rate of 24% and excludes any federal regulatory changes that may emerge.
Positive Outlook
- Sales: $1.525 - $1.625 billion
- Adjusted EBITDA: $320 - $360 million
- Adjusted Diluted EPS: $4.70 - $5.10
- Excludes the impact of any future acquisitions.
- Includes approximately $15 - $18 million of equity income from AZZ’s minority interest in its unconsolidated subsidiary.
Revenue & Expenses
Visualization of income flow from segment revenue to net income