earnings
confidence high
sentiment positive
materiality 0.75
AZZ reports record Q1 sales $422M, adj. EPS $1.78, raises FY2026 guidance
AZZ INC
2026-Q1 EPS reported
$5.66
revenue$421,962,000
- Total sales $422.0M (+2.1% YoY); Metal Coatings $187.2M (+6%), Precoat Metals $234.7M (-0.8%).
- GAAP net income $170.9M includes $273.2M AVAIL sale gain; adjusted net income $53.8M (+22.3%).
- Adjusted diluted EPS $1.78 (+21.9%); adjusted EBITDA $106.4M (25.2% of sales) vs $94.1M (22.8%).
- Debt reduced $285M in quarter; net leverage ratio 1.7x; $0.17/share dividend paid.
- Fiscal 2026 guidance raised reflecting strong earnings and cash generation.
item 2.02item 9.01