AZZ INC
For the period ended Feb 28, 2026. Filed Apr 22, 2026.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2026 · Filed Apr 22, 2026
AZZ$125.71+2.9%Stored close · as of Nov 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations
(in thousands, except per share amounts)
| Year Ended | |||
|---|---|---|---|
| February 28, 2026 | February 28, 2025 | February 29, 2024 | |
| Sales | $1,650,080 | $1,577,744 | $1,537,589 |
| Cost of sales | 1,255,125 | 1,195,064 | 1,174,128 |
| Gross margin | 394,955 | 382,680 | 363,461 |
| Selling, general and administrative | 130,338 | 146,316 | 141,861 |
| Operating income | 264,617 | 236,364 | 221,600 |
| Interest expense, net | (55,650) | (81,282) | (107,065) |
| Equity in earnings of unconsolidated subsidiaries | 209,733 | 16,163 | 15,407 |
| Other income (expense), net | 1,615 | (562) | 161 |
| Income before income taxes | 420,315 | 170,683 | 130,103 |
| Income tax expense | 103,055 | 41,850 | 28,496 |
| Net income | 317,260 | 128,833 | 101,607 |
| Series A Preferred Stock Dividends | — | (1,200) | (14,400) |
| Redemption premium on Series A Preferred Stock | — | (75,198) | — |
| Net income available to common shareholders | $317,260 | $52,435 | $87,207 |
| Basic earnings per common share | $10.59 | $1.80 | $3.48 |
| Diluted earnings per common share | $10.50 | $1.79 | $3.46 |
| Weighted average shares outstanding—Basic | 29,955 | 29,086 | 25,041 |
| Weighted average shares outstanding—Diluted | 30,211 | 29,344 | 25,209 |
| Cash dividends declared per common share | $0.77 | $0.68 | $0.68 |
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