AZZ Incorporated (AZZ)
Pretax margin
| Feb 28, 2025 | Nov 30, 2024 | Aug 31, 2024 | May 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 170,683 | 166,314 | 156,267 | 142,934 | 130,103 | 119,524 | 104,740 | 106,383 | 99,850 | 113,923 | 120,086 | 108,000 | 106,345 | 97,245 | 96,519 | 70,753 | 50,997 | 23,722 | 28,269 | 48,152 |
| Revenue (ttm) | US$ in thousands | 1,577,744 | 1,592,438 | 1,570,389 | 1,559,924 | 1,537,589 | 1,507,524 | 1,499,220 | 1,507,388 | 1,430,913 | 1,319,063 | 1,177,499 | 987,236 | 902,664 | 873,639 | 868,525 | 855,450 | 838,917 | 888,653 | 953,169 | 985,987 |
| Pretax margin | 10.82% | 10.44% | 9.95% | 9.16% | 8.46% | 7.93% | 6.99% | 7.06% | 6.98% | 8.64% | 10.20% | 10.94% | 11.78% | 11.13% | 11.11% | 8.27% | 6.08% | 2.67% | 2.97% | 4.88% |
February 28, 2025 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $170,683K ÷ $1,577,744K
= 10.82%
AZZ Incorporated's pretax margin has shown fluctuating trends over the past few years, ranging from 2.67% in November 30, 2020, to a peak of 11.78% in February 28, 2022. The pretax margin has generally displayed an upward trajectory from November 2020 to August 2022, indicating an improvement in the company's ability to generate profits before accounting for taxes.
There was a noticeable increase in pretax margin from August 31, 2021, to November 30, 2021, reaching 11.13%, which was sustained until the following reporting period. However, the pretax margin declined slightly in the subsequent quarters but remained relatively stable above 6%.
Overall, the pretax margin for AZZ Incorporated has exhibited a positive trend with some fluctuations, reflecting changes in the company's profitability before taxes. This metric provides insights into the efficiency of the company in managing its operating expenses and generating profits.
Peer comparison
Feb 28, 2025