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Get filing alertsAZZ reports record Q1 sales of $448.5M, raises FY2027 guidance, and increases dividend 20%
Filed July 8, 2026 · Period ending July 8, 2026 · ~1 min read
Key Changes
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Q1 FY2027 sales rose 6.3% to $448.5M with adjusted EPS of $1.85 (up 3.9%); company raised full-year sales guidance to $1.80–$1.85B (from $1.725–$1.775B) and adjusted EPS to $6.75–$7.15 (from $6.50–$7.00), citing strong momentum and market visibility.
Item 2.02 — Results of Operations and Financial Condition verify on EDGAR → -
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Quarterly dividend increased 20% to $0.24 per share from $0.20, reflecting confidence in cash generation and commitment to shareholder returns.
Item 2.02 — Results of Operations and Financial Condition verify on EDGAR → -
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Metal Coatings sales jumped 12.3% to $210.3M on higher project volume in construction and infrastructure; adjusted EBITDA margin of 30.3% was down 260 bps due to prior-year land sale and current-year large-project mix.
Item 2.02 — Results of Operations and Financial Condition verify on EDGAR → -
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Precoat Metals posted record Q1 sales of $238.2M (up 1.5%) with adjusted EBITDA margin improving 100 bps to 21.7%, driven by the Washington facility ramp and price increases offsetting input cost inflation.
Item 2.02 — Results of Operations and Financial Condition verify on EDGAR → -
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Net leverage stood at 1.4x trailing twelve-month adjusted EBITDA; company made no debt repayments in the quarter and expects FY2027 capex of $80–$100M for capacity and technology investments.
Item 2.02 — Results of Operations and Financial Condition verify on EDGAR →
Summary
AZZ delivered a strong start to fiscal 2027, with first-quarter sales reaching a record $448.5 million—up 6.3% year-over-year—and adjusted diluted earnings per share of $1.85, a 3.9% increase. The Metal Coatings segment led growth with a 12.3% sales gain, fueled by higher project spending in construction, industrial, and infrastructure markets, while Precoat Metals achieved record first-quarter sales of $238.2 million as its Washington facility ramped and price increases offset input cost pressures. Management raised full-year guidance across the board: sales now expected at $1.80–$1.85 billion (up from $1.725–$1.775 billion), adjusted EBITDA at $375–$415 million (from $360–$400 million), and adjusted EPS at $6.75–$7.15 (from $6.50–$7.00), citing sustained sales momentum, operational execution, and improved external market visibility.
The company also announced a 20% dividend increase to $0.24 per share, underscoring confidence in cash generation and capital allocation discipline. With a net leverage ratio of 1.4x and no debt repayments in the quarter, AZZ maintains financial flexibility while planning $80–$100 million in capital expenditures for capacity expansions and technology improvements. For retail holders, the combination of record sales, raised guidance, and a meaningful dividend hike signals management's conviction in the durability of current demand trends and the company's ability to convert growth into shareholder returns.
Section-by-Section Diff
Event · Item 2.02 — Results of Operations and Financial Condition
AZZ Inc. reported first quarter fiscal 2026 financial results for the period ended May 31, 2026.
Added in current filing · verify on EDGAR →
On July 8, 2026, AZZ Inc. ("AZZ") issued a press release reporting AZZ’s first quarter financial results for the period ended May 31, 2026.
AZZ Inc. disclosed its first quarter fiscal 2026 financial results for the period ended May 31, 2026. The 8-K itself does not contain the actual financial figures — those are in the attached press release (Exhibit 99.1), which is not included in this filing body.
Event · Exhibit 99.1
AZZ Inc. reported Q1 FY2027 results with record sales of $448.5M, raised full-year guidance, and increased its quarterly dividend by 20%.
Added in current filing · view on EDGAR → · paraphrased
Total Sales of $448.5 million, up 6.3% ... Adjusted diluted EPS of $1.85, up 3.9% ... Consolidated Adjusted EBITDA of $99.5 million, or 22.2% of sales ... Cash flow from operations of $37.1 million ... We are raising our fiscal year guidance for the year ending February 28, 2027 ... Revised FY2027 Guidance ... Sales $1.80 - $1.85 billion ... Adjusted EBITDA $375 - $415 million ... Adjusted Diluted EPS $6.75 - $7.15
AZZ reported first-quarter fiscal 2027 sales of $448.5 million (up 6.3% year-over-year) and adjusted diluted EPS of $1.85 (up 3.9%). The company raised its full-year guidance: sales to $1.80–$1.85 billion (from $1.725–$1.775 billion), adjusted EBITDA to $375–$415 million (from $360–$400 million), and adjusted diluted EPS to $6.75–$7.15 (from $6.50–$7.00). Management cited strong sales momentum, operational execution, and external market visibility as drivers for the upward revision.
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Figures/quotes linked to EDGAR · Narrative written by AI · Jul 13, 2026 · How we verify