AZZ INC

For the period ended Aug 31, 2025. Filed Oct 8, 2025.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Aug 31, 2025 · Filed Oct 8, 2025

AZZ$132.82+5.7%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Contents

Item 1. Condensed Consolidated Balance Sheets

CONDENSED CONSOLIDATED BALANCE SHEETS

(In thousands, except par value)

	As of
	August 31, 2025	February 28, 2025
Assets
Current assets:
Cash and cash equivalents	$897	$1,488
Trade accounts receivable, net of allowance for credit losses of $350 and $419 at August 31, 2025 and February 28, 2025, respectively	142,032	135,149
Other receivables	19,673	12,932
Inventories	108,470	112,313
Contract assets	105,756	106,507
Prepaid expenses and other	12,631	7,055
Total current assets	389,459	375,444
Property, plant and equipment, net	603,260	592,941
Right-of-use assets	29,573	25,951
Goodwill	715,864	703,863
Deferred tax assets	4,018	3,620
Intangible assets, net	419,922	421,850
Investment in AVAIL joint venture	60,219	99,379
Other assets	3,668	4,053
Total assets	$2,225,983	$2,227,101
Liabilities and Shareholders’ Equity
Current liabilities:
Accounts payable	$114,488	$106,471
Income taxes payable	7,857	602
Accrued salaries and wages	24,610	37,742
Other accrued liabilities	68,991	68,428
Lease liability, short-term	9,003	7,749
Total current liabilities	224,949	220,992
Long-term debt, net	566,864	852,365
Lease liability, long-term	21,443	19,012
Deferred tax liabilities	64,300	42,819
Other long-term liabilities	45,396	46,418
Total liabilities	922,952	1,181,606
Commitments and contingencies (Note 19)
Shareholders’ equity:
Common stock, $1 par value; 100,000 shares authorized; 30,057 and 29,913 shares issued and outstanding at August 31, 2025 and February 28, 2025, respectively	30,057	29,913
Capital in excess of par value	424,333	418,004
Retained earnings	858,315	609,158
Accumulated other comprehensive loss	(9,674)	(11,580)
Total shareholders’ equity	1,303,031	1,045,495
Total liabilities and shareholders' equity	$2,225,983	$2,227,101

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.