AZZ Incorporated (AZZ)

Net profit margin

Feb 29, 2024 Feb 28, 2023 Feb 28, 2022 Feb 28, 2021 Feb 29, 2020
Net income US$ in thousands 101,607 -52,974 84,022 39,614 48,234
Revenue US$ in thousands 1,537,590 1,323,650 525,598 480,574 1,061,820
Net profit margin 6.61% -4.00% 15.99% 8.24% 4.54%

February 29, 2024 calculation

Net profit margin = Net income ÷ Revenue
= $101,607K ÷ $1,537,590K
= 6.61%

Net profit margin, a key financial metric indicating the proportion of revenue that translates into profit after all expenses have been deducted, for AZZ Incorporated has shown varying trends over the past five years. In fiscal year 2024, the company achieved a net profit margin of 6.61%, indicating that 6.61% of its total revenue resulted in net profit. This marks an improvement compared to the previous year when the company had a negative net profit margin of -4.00%, implying losses were incurred.

Looking back further, in fiscal year 2023, AZZ Incorporated had a net profit margin of 15.99%, signaling a strong profitability performance. This was followed by a margin of 8.24% in fiscal year 2021 and 4.54% in fiscal year 2020. The upward trend from 2020 to 2021 followed by a dip in 2023 and a recovery in 2024 suggests some fluctuations in the company's ability to generate profits relative to its revenue.

Overall, while AZZ Incorporated has shown positive net profit margins in most years, the variations in performance indicate the need for continued monitoring and potential strategic adjustments to maintain and improve profitability levels over time.


Peer comparison

Feb 29, 2024

Company name
Symbol
Net profit margin
AZZ Incorporated
AZZ
6.61%
Acuity Brands Inc
AYI
11.02%