AZZ Incorporated (AZZ)
Pretax margin
| Feb 28, 2025 | Feb 29, 2024 | Feb 28, 2023 | Feb 28, 2022 | Feb 28, 2021 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 170,683 | 130,103 | 88,675 | 106,345 | 50,997 |
| Revenue | US$ in thousands | 1,577,740 | 1,537,590 | 1,323,650 | 902,664 | 838,917 |
| Pretax margin | 10.82% | 8.46% | 6.70% | 11.78% | 6.08% |
February 28, 2025 calculation
Pretax margin = EBT ÷ Revenue
= $170,683K ÷ $1,577,740K
= 10.82%
AZZ Incorporated's pretax margin has shown fluctuating trends over the past five years. In February 2022, the pretax margin significantly increased to 11.78%, indicating improved profitability before accounting for taxes. This suggests that the company effectively managed its operating expenses or generated higher revenue during that period.
The following year, in February 2023, the pretax margin declined to 6.70%, indicating a decrease in profitability compared to the previous year. This could be a result of increased expenses or a decrease in revenue that impacted the company's bottom line.
In February 2024, the pretax margin improved to 8.46%, suggesting a partial recovery in profitability. This increase may have been driven by cost-reduction strategies or growth in revenue.
By February 2025, the pretax margin further increased to 10.82%, indicating a positive trend in profitability for the company. This improvement suggests that AZZ Incorporated continued to optimize its operations efficiently, leading to better financial performance.
In conclusion, while AZZ Incorporated experienced fluctuations in its pretax margin over the past five years, the overall trend shows a mix of both improvements and declines in profitability. The company's ability to maintain or increase its pretax margin will be crucial for sustaining long-term financial health and investor confidence.
Peer comparison
Feb 28, 2025