Welcome to our dedicated page for Azz news (Ticker: AZZ), a resource for investors and traders seeking the latest updates and insights on Azz stock.
AZZ Inc. provides hot-dip galvanizing and coil coating solutions for steel, aluminum, buildings, products, and infrastructure across North American end markets. Company news commonly covers Metal Coatings volume and hot-dip galvanizing demand, Precoat Metals coil coating performance, quarterly and annual results, financial guidance, and capital allocation through cash dividends and share repurchase authorizations.
Updates also include board and management succession, investor presentations, capital expenditures, debt and leverage commentary, and demand trends tied to construction, electrical transmission and distribution, industrial markets, and U.S. infrastructure investment.
AZZ Inc. (NYSE: AZZ), North America's leading provider of hot-dip galvanizing and coil coating solutions, has announced its dual listing on NYSE Texas, a new electronic equities exchange in Dallas. As a Founding Member of NYSE Texas, AZZ strengthens its ties to Texas, where it has been incorporated since 1956.
The company's CEO, Tom Ferguson, emphasized AZZ's long-standing presence in Texas and its strategic position to serve the state's growing infrastructure needs with sustainable metal coating solutions. This move aligns with Texas's expanding economy and reinforces AZZ's commitment to its home state.
AZZ Inc. (NYSE: AZZ), North America's leading provider of hot-dip galvanizing and coil coating solutions, has successfully completed the repricing of its $434.9 million Term Loan B due May 13, 2029. The refinancing reduces the interest rate margin by 75 basis points to SOFR + 175 basis points, resulting in annual interest savings of $3.3 million.
This marks AZZ's fourth repricing since May 2022, achieving total interest rate margin savings of 250 basis points. The company's net debt to EBITDA leverage ratio stands at 1.7x as of May 2025, reflecting their disciplined approach to debt management since acquiring Precoat Metals.
AZZ Inc. (NYSE: AZZ), a leading provider of hot-dip galvanizing and coil coating solutions, reported strong Q1 FY2026 results with record quarterly performance. The company achieved total sales of $422.0 million, up 2.1% year-over-year, and net income of $170.9 million, a 331.6% increase.
Key highlights include Metal Coatings sales growth of 6.0% to $187.2 million and Precoat Metals revenue of $234.7 million. The company received $273.2 million from AVAIL related to the Electrical Products Group sale and reduced debt by $285 million, achieving a net leverage ratio of 1.7x.
Based on strong performance, AZZ raised its FY2026 guidance, projecting sales of $1.625-$1.725 billion and adjusted EBITDA of $360-$400 million.
AZZ Inc. (NYSE: AZZ), North America's leading provider of hot-dip galvanizing and coil coating solutions, has announced the acquisition of Canton Galvanizing, LLC, a private hot-dip galvanizing company located in Canton, Ohio. The facility will operate as AZZ Galvanizing – Canton East LLC.
While financial terms were not disclosed, AZZ expects the acquisition to be accretive to earnings within the first year of operation. The strategic acquisition expands AZZ's metal coating capabilities in the Midwest region and increases its North American galvanizing network to 42 sites.
The newly acquired facility will be integrated into AZZ's existing network of hot-dip galvanizing plants, enhancing the company's ability to serve customers in the Midwest United States while maintaining uninterrupted customer service during the integration process.
AZZ (NYSE: AZZ), a leading provider of hot-dip galvanizing and coil coating solutions, has announced a significant increase in its quarterly cash dividend. The Board of Directors has authorized a 17.6% increase in the quarterly dividend from $0.17 to $0.20 per share.
The dividend will be payable on July 31, 2025, to shareholders of record as of July 10, 2025. The company has expressed its intention to continue regular quarterly cash dividends, subject to Board review and approval based on various factors including operating results, financial condition, and business outlook.
AZZ Inc. (NYSE: AZZ), the leading independent provider of hot-dip galvanizing and coil coating solutions, has scheduled its Q1 FY2026 earnings conference call for July 10, 2025, at 11:00 a.m. ET. The company will release its financial results after market close on July 9, 2025.
Investors can access the call by dialing (844) 855-9499 (US) or (412) 317-5497 (international). A webcast will be available on AZZ's Investor Relations page, with a replay accessible through July 17, 2025, using replay code: 2234808.
AZZ Inc. (NYSE: AZZ), North America's leading provider of hot-dip galvanizing and coil coating solutions, announced its participation in the upcoming Oppenheimer 20th Annual Industrial Growth Conference. The virtual conference will take place from May 5-8, 2025.
David Nark, Chief Marketing, Communications, and Investor Relations Officer, will present on May 6, 2025, at 10:30am Eastern and conduct one-on-one meetings on May 6-7. A webcast of the presentation will be available on AZZ's investor relations website with a 30-day replay option.
AZZ Inc. (NYSE: AZZ), a leading provider of hot-dip galvanizing and coil coating solutions, has announced the resumption of its $100 million Share Repurchase Program. The company has already purchased $46.8 million worth of shares, leaving $53.2 million available for future repurchases.
AZZ has implemented a 10b5-1 plan with a third-party broker to facilitate share repurchases during periods when insider trading restrictions might otherwise prevent such actions. The plan includes predetermined parameters for timing, price, and volume of purchases.
CEO Tom Ferguson emphasized that this move demonstrates the company's commitment to shareholder value while maintaining flexibility for growth initiatives and strategic capital deployment. The company retains the right to modify, suspend, or terminate the 10b5-1 plan, subject to applicable law.
AZZ Inc reported strong financial results for fiscal year 2025, with total sales reaching $1.58 billion, up 2.6% year-over-year. The company achieved record full-year sales and profitability, with adjusted EPS of $5.20 and GAAP EPS of $1.79.
Key highlights include:
- Metal Coatings sales of $665.1 million, up 1.4%
- Precoat Metals sales of $912.6 million, up 3.5%
- Net income of $128.8 million, up 26.8%
- Adjusted EBITDA of $347.9 million, representing 22% of sales
The company reduced debt by $110 million, bringing net leverage below 2.5x. For FY2026, AZZ projects sales of $1.625-$1.725 billion and adjusted EBITDA of $360-$400 million. The company expects to receive over $200 million from the AVAIL joint venture transaction in Q1 FY2026.