AZZ Incorporated (AZZ)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 400,927 | 215,522 | 208,091 | 211,225 | 173,638 | 153,985 | 129,882 | 85,703 | 88,506 | 76,601 | 83,182 | 63,872 | 47,478 | 35,575 | 41,132 | 62,687 | 79,343 | 99,995 | 89,336 | 84,234 |
| 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 |
| Operating profit margin | 14.80% | 14.30% | 13.88% | 14.01% | 13.12% | 13.79% | 14.78% | 14.20% | 14.13% | 11.38% | 10.87% | 7.63% | 5.79% | 4.00% | 4.32% | 6.36% | 7.47% | 9.81% | 9.23% | 8.83% |
February 29, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $400,927K ÷ $2,708,610K
= 14.80%
The operating profit margin of AZZ Incorporated has shown fluctuations over the past few years. As of Feb 29, 2024, the operating profit margin stood at 14.80%, marking a slight increase from the previous quarter. This improvement indicates that the company's ability to generate profits from its core operations has strengthened.
Looking at the trend over the last few quarters, there have been variations in the operating profit margin, with some quarters showing higher margins compared to others. Despite these fluctuations, the company has generally maintained a healthy operating profit margin above 10%, reflecting a solid operational efficiency in managing costs and generating profits.
It is noteworthy that the operating profit margin has shown an increasing trend since May 31, 2021, when the margin was at its lowest point of 5.79%. The consistent improvement in operating profit margin implies that AZZ Incorporated has been successful in enhancing its operational performance and optimizing its profitability in recent quarters.
Overall, the operating profit margin trend of AZZ Incorporated indicates a positive trajectory in terms of operational efficiency and profitability, suggesting that the company is effectively managing its costs and maximizing its earnings from core business activities.
Peer comparison
Feb 29, 2024