Azz inc. reports fourth quarter and fiscal year 2025 full year results
Achieved record full-year sales and profitability, adjusted eps of $5.20 and gaap eps of $1.79 fort worth, texas , april 21, 2025 /prnewswire/ -- azz inc. (nyse: azz), the leading independent provider of hot-dip galvanizing and coil coating solutions, today issued its audited consolidated financial statements contained in the company's fiscal year 2025 annual report on form 10-k for the year ended february 28, 2025. fiscal year 2025 overview (as compared to prior fiscal year 2024(1)): total sales $1,577.7 million, up 2.6% metal coatings sales of $665.1 million, up 1.4% precoat metals sales of $912.6 million, up 3.5% net income of $128.8 million, up 26.8%; net income available to common shareholders of $52.4 million reflects the redemption premium payment on the series a preferred stock of $75.2 million; adjusted net income of $156.8 million, up 18.1% gaap diluted eps of $1.79 per share, down 48.3%, which includes full redemption of series a preferred stock, and adjusted diluted eps of $5.20, up 14.8% adjusted ebitda of $347.9 million, or 22.0% of sales, up 4.3% versus prior year of $333.6 million, or 21.7% of sales segment adjusted ebitda margin of 30.9% for metal coatings and 19.6% for precoat metals debt reduction of $110.0 million for the year, resulting in net leverage below 2.5x fourth quarter 2025 overview (as compared to prior fiscal year fourth quarter(1)): total sales of $351.9 million, down 4.0%, primarily due to inclement weather during the quarter metal coatings sales of $148.4 million, down 3.9% precoat metals sales of $203.5 million, down 4.1% net income of $20.2 million, up 41.7%, and adjusted net income of $29.6 million, up 7.9% gaap diluted eps of $0.67 per share, up 19.6%, and adjusted diluted eps of $0.98, up 5.4% adjusted ebitda of $71.2 million or 20.2% of sales, versus prior year of $73.9 million, or 20.2% of sales segment adjusted ebitda margins of 29.2% for metal coatings and 17.8% for precoat metals ______________________________________ (1) adjusted net income, adjusted eps, adjusted ebitda and net leverage ratio are non-gaap financial measures as defined and reconciled in the tables below.
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