AZZ Incorporated (AZZ)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 154,500 | 113,158 | 59,393 | -21,654 | -30,638 | -9,597 | 36,230 | 105,874 | 106,670 | 96,833 | 95,424 | 70,618 | 50,862 | 23,722 | 28,269 | 48,152 | 64,890 | 85,946 | 73,813 | 69,822 |
| 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 |
| Pretax margin | 5.70% | 7.51% | 3.96% | -1.44% | -2.31% | -0.86% | 4.12% | 17.54% | 17.03% | 14.38% | 12.48% | 8.44% | 6.20% | 2.67% | 2.97% | 4.88% | 6.11% | 8.43% | 7.63% | 7.32% |
February 29, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $154,500K ÷ $2,708,610K
= 5.70%
The pretax margin of AZZ Incorporated has varied over the last few reporting periods. In the most recent period of February 29, 2024, the pretax margin stood at 5.70%, indicating that the company retains $0.057 in pretax profit for every $1 in revenues. This figure has decreased from the prior quarter's 7.51%, suggesting a slight decline in the company's profitability.
Looking back further, the pretax margin fluctuated significantly, ranging from negative figures like -1.44% in May 31, 2023, to high levels like 17.54% in May 31, 2022. These fluctuations may indicate fluctuations in the company's cost structures, pricing strategies, or operational efficiencies during those periods.
Overall, analyzing the trend of the pretax margin can provide insights into AZZ Incorporated's operational efficiency and profitability levels, helping stakeholders assess the company's financial health and performance over time.
Peer comparison
Feb 29, 2024