AZZ Incorporated (AZZ)
Net profit margin
| Feb 29, 2024 | Nov 30, 2023 | Aug 31, 2023 | May 31, 2023 | Feb 28, 2023 | Nov 30, 2022 | Aug 31, 2022 | May 31, 2022 | Feb 28, 2022 | Nov 30, 2021 | Aug 31, 2021 | May 31, 2021 | Feb 28, 2021 | Nov 30, 2020 | Aug 31, 2020 | May 31, 2020 | Feb 29, 2020 | Nov 30, 2019 | Aug 31, 2019 | May 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 101,607 | 84,805 | 37,373 | -48,529 | -52,974 | -32,413 | 9,214 | 85,762 | 84,022 | 78,560 | 77,178 | 56,410 | 39,614 | 12,811 | 15,143 | 32,491 | 48,234 | 67,728 | 61,088 | 56,774 |
| Revenue (ttm) | US$ in thousands | 2,708,610 | 1,507,524 | 1,499,220 | 1,507,388 | 1,323,649 | 1,117,011 | 878,793 | 603,517 | 626,209 | 673,372 | 764,912 | 836,850 | 820,317 | 888,653 | 953,169 | 985,987 | 1,061,817 | 1,019,000 | 967,377 | 953,974 |
| Net profit margin | 3.75% | 5.63% | 2.49% | -3.22% | -4.00% | -2.90% | 1.05% | 14.21% | 13.42% | 11.67% | 10.09% | 6.74% | 4.83% | 1.44% | 1.59% | 3.30% | 4.54% | 6.65% | 6.31% | 5.95% |
February 29, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $101,607K ÷ $2,708,610K
= 3.75%
The net profit margin of AZZ Incorporated has shown some variability in recent periods. The company's net profit margin was 3.75% as of February 29, 2024, which was lower compared to the previous quarter at 5.63% on November 30, 2023. Prior to that, the net profit margin was 2.49% on August 31, 2023.
There were periods of negative net profit margins, such as -3.22% on May 31, 2023, and -4.00% on February 28, 2023. However, the company managed to improve its net profit margin significantly to 14.21% on May 31, 2022, and 13.42% on February 28, 2022. This improvement continued with a net profit margin of 11.67% on November 30, 2021.
Even though the net profit margin dipped slightly to 10.09% on August 31, 2021, and 6.74% on May 31, 2021, it started to recover with margins of 4.83% on February 28, 2021, and 1.44% on November 30, 2020. The trend continued with a net profit margin of 1.59% on August 31, 2020, and 3.30% on May 31, 2020.
The company experienced a decline in the net profit margin to 4.54% on February 29, 2020, and 6.65% on November 30, 2019. However, it then stabilized around the 6% mark with margins of 6.31% on August 31, 2019, and 5.95% on May 31, 2019.
Overall, the net profit margin of AZZ Incorporated has shown fluctuations over the provided periods, indicating varying levels of profitability and operational efficiency.
Peer comparison
Feb 29, 2024