AZZ Incorporated (AZZ)
Return on equity (ROE)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 128,833 | 122,887 | 116,174 | 109,087 | 98,007 | 91,171 | 43,739 | -42,163 | -46,608 | -32,413 | 9,214 | 85,762 | 84,022 | 78,560 | 77,178 | 56,410 | 39,614 | 12,811 | 15,143 | 32,491 |
| Total stockholders’ equity | US$ in thousands | 1,045,500 | 1,029,590 | 999,756 | 967,232 | 700,769 | 921,150 | 898,077 | 871,373 | 853,460 | 852,513 | 859,621 | 687,559 | 667,365 | 648,044 | 638,426 | 637,411 | 623,292 | 624,078 | 631,541 | 635,656 |
| ROE | 12.32% | 11.94% | 11.62% | 11.28% | 13.99% | 9.90% | 4.87% | -4.84% | -5.46% | -3.80% | 1.07% | 12.47% | 12.59% | 12.12% | 12.09% | 8.85% | 6.36% | 2.05% | 2.40% | 5.11% |
February 28, 2025 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $128,833K ÷ $1,045,500K
= 12.32%
AZZ Incorporated's Return on Equity (ROE) has shown fluctuations over the provided time periods. The ROE was relatively low in the initial periods, ranging from 2.05% to 6.36%. Subsequently, there was a significant increase in ROE, reaching a peak of 12.59% by February 28, 2022. However, ROE dropped in the following periods but remained positive until August 31, 2022.
Notably, there was a sharp decline in ROE to -5.46% by February 28, 2023, indicating a negative return for shareholders. The negative trend continued until May 31, 2023, before rebounding to 4.87% by August 31, 2023. From this point onwards, there was a steady improvement in ROE, with values ranging from 9.90% to 13.99% by February 29, 2024.
Subsequently, the ROE remained consistent around the range of 11% to 12% from May 31, 2024, to February 28, 2025, with the latest reported ROE at 12.32%. Overall, the ROE trend displays variability in performance over time, highlighting periods of both growth and decline in shareholder profitability.
Peer comparison
Feb 28, 2025