Company profile

Ticker
AZZ
Exchange
CEO
Thomas E. Ferguson
Employees
Incorporated in
Location
Fiscal year end
Former names
Aztec Manufacturing Co
SEC CIK
IRS number
750948250

AZZ stock data

(
)

Calendar

8 Jul 19
17 Oct 19
28 Feb 20

News

Company financial data Financial data

Quarter (USD) May 19 Feb 19 Nov 18 Aug 18
Revenue 289.12M 202.55M 239.52M 222.79M
Net income 21.28M 8.85M 15.4M 11.24M
Diluted EPS 0.81 0.34 0.59 0.43
Net profit margin 7.36% 4.37% 6.43% 5.05%
Operating income 30.97M 13.39M 22.77M 17.11M
Net change in cash -10.42M 6.59M 8.21M -4.73M
Cash on hand 13.59M 24.01M 17.41M 9.2M
Cost of revenue 223.02M 159.29M 189.76M 175.88M
Annual (USD) Feb 19 Feb 18 Feb 17 Feb 15
Revenue 927.09M 810.43M 863.54M 819.69M
Net income 51.21M 45.17M 61.26M 65.62M
Diluted EPS 1.96 1.73 2.35 2.55
Net profit margin 5.52% 5.57% 7.09% 8.00%
Operating income 76.96M 48.25M 98.91M 107.9M
Net change in cash 3.15M 9.55M -11.23M
Cash on hand 24.01M 20.85M 11.3M 22.53M
Cost of revenue 728.47M 650.12M 658.21M 612.92M

Financial data from AZZ earnings reports

Financial report summary

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Risks
  • Our business segments operate in highly competitive markets.
  • Climate change could impact our business.
  • Changes in greenhouse gas regulations could impact our operating results.
  • Our business segments are sensitive to economic downturns.
  • International and political events may adversely affect our Energy and Metal Coatings Segments.
  • Fluctuations in the price and supply of raw materials and natural gas for our business segments may adversely affect our operations.
  • Our volume of fixed-price contracts for our Energy Segment could adversely affect our business.
  • Our operations could be adversely impacted by the continuing effects from government regulations.
  • New regulations related to conflict minerals could adversely impact our business.
  • Our use of over time revenue accounting in the Energy Segment could result in a reduction or elimination of previously reported profits.
  • We may not be able to fully realize the revenue value reported in our backlog for our Energy Segment.
  • Our operating results may vary significantly from quarter to quarter.
  • We may be unsuccessful at generating internal growth.
  • The departure of key personnel could disrupt our business.
  • Our business requires skilled labor, and we may be unable to attract and retain qualified employees.
  • Actual and potential claims, lawsuits, and proceedings could ultimately reduce our profitability and liquidity and weaken our financial condition.
  • Technological innovations by competitors may make existing products and production methods obsolete.
  • Catastrophic events could disrupt our business.
  • Adoption of new or revised employment and labor laws and regulations could make it easier for our employees to obtain union representation and our business could be adversely impacted.
  • AZZ’s flexibility to operate its business could be impacted by provisions in its debt obligations.
  • A failure in our operational systems or cyber security attacks on any of our facilities, or those of third parties, may
  • affect adversely our financial results.
  • We could face significant liabilities for withdrawal from Multiemployer Pension Plans.
  • Uncertainties in the interpretation and application of the 2017 Tax Cuts and Jobs Act could materially affect our tax obligations and effective tax rate.
  • We have identified a material weakness in our internal control over financial reporting which could, if not remediated, adversely affect investor confidence in our company, the value of our common stock and our ability to report our financial condition and results of operations in a timely and accurate manner.
Management Discussion
  • We have two distinct operating segments, the Energy segment and the Metal Coatings segment, as defined in our Annual Report on Form 10-K for the fiscal year ended February 28, 2019. Management believes that the most meaningful analysis of our results of operations is to analyze our performance by segment. We use revenue and operating income by segment to evaluate our segments. Segment operating income consists of net sales less cost of sales and selling, general and administrative expenses that are specifically identifiable to a segment. For a reconciliation of segment operating income to consolidated operating income, see Note 5 to our quarterly condensed consolidated financial statements included in this Quarterly Report on Form 10-Q.
Content analysis ?
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