---
schema_version: "secwatch.filing_event.v1"
accession: "0000008947-23-000041"
form_type: "8-K"
ticker: "AZZ"
cik: "0000008947"
company_name: "AZZ INC"
filed_at: "2023-04-25T23:59:59+00:00"
generated_at: "2026-06-16T17:58:44.892874+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# AZZ reports FY2023 record sales $1.32B, adjusted EPS $3.48, reaffirms FY2024 guidance

## Summary
- Full year sales $1,323.6M (+20.5% YoY); GAAP diluted EPS $2.33; adjusted diluted EPS $3.48.
- Adjusted EBITDA $267.4M (20.2% of sales); Metal Coatings margin 29.7%, Precoat Metals 17.4%.
- Q4 sales $336.5M (+16% comparable); GAAP diluted EPS $0.15; adjusted EPS $0.30.
- FY2024 guidance reaffirmed: sales $1.40-$1.55B, adj. EBITDA $300-$325M, adj. EPS $3.85-$4.35.
- Net leverage reduced to 3.5x; debt repaid $237.5M; FY2024 capex ~$80M for new coil coating plant.

## SEC filing metadata
- accession: 0000008947-23-000041
- form_type: 8-K
- ticker: AZZ
- cik: 0000008947
- company_name: AZZ INC
- filed_at: 2023-04-25T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/8947/000000894723000041/0000008947-23-000041-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/8947/000000894723000041/azz-20230425.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000008947-23-000041
- JSON: https://secwatch.observer/filing/0000008947-23-000041.json
- Plain text: https://secwatch.observer/filing/0000008947-23-000041.txt

## Key facts
- Earnings Releases
  AZZ INC reported the fiscal year ended February 28, 2023 results: revenue $1,323.6 million, EPS GAAP Diluted EPS of $2.33; Adjusted EPS of $3.48. Guidance reaffirmed.
  - Period: the fiscal year ended February 28, 2023
  - Revenue: $1,323.6 million
  - EPS: GAAP Diluted EPS of $2.33; Adjusted EPS of $3.48
  - Guidance: reaffirmed
  - Result: reported results
  source text: Fiscal Year 2023 Results from Continuing Operations: ◦ Sales of $1,323.6 million, up 20.5% on a comparable basis ◦ Strong segment performance with Metal Coatings sales up 21.2% and Precoat Metals up 19.9% on a comparable basis ◦ GAAP Diluted EPS of $2.33; Adjusted EPS of $3.48 (1) ◦ Adjusted EBITDA $267.4 million or 20.2% of sales
  evidence_url: https://www.sec.gov/Archives/edgar/data/8947/000000894723000041/0000008947-23-000041-index.htm
- Earnings Releases
  AZZ INC reported the fourth quarter ended February 28, 2023 results: revenue $336.5 million, EPS GAAP Diluted EPS of $0.15, and Adjusted EPS of $0.30. Guidance reaffirmed.
  - Period: the fourth quarter ended February 28, 2023
  - Revenue: $336.5 million
  - EPS: GAAP Diluted EPS of $0.15, and Adjusted EPS of $0.30
  - Guidance: reaffirmed
  - Result: reported results
  source text: Fourth Quarter 2023 Results from Continuing Operations: ◦ Sales of $336.5 million, up 16.0% on a comparable basis ◦ Metal Coatings sales up 14.8% and Precoat Metals, on a comparable basis, up 17.0% ◦ GAAP Diluted EPS of $0.15, and Adjusted EPS of $0.30 after giving effect to higher interest expense and an effective tax rate of 34.8% ◦ Adjusted EBITDA $57.2 million or 17.0% of sales
  evidence_url: https://www.sec.gov/Archives/edgar/data/8947/000000894723000041/0000008947-23-000041-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.