AZZ(US:AZZ) Financial Modeling Prep·2026-01-08 05:00Core Insights - AZZ Inc. reported strong financial performance for the third quarter of fiscal year 2026, with an EPS of $1.52, exceeding analysts' expectations of $1.43 [1][6] - The company's revenue reached approximately $425.7 million, a 5.5% increase year-over-year, driven primarily by a 15.7% surge in Metal Coatings sales [2][6] - Net income for the quarter was $41.1 million, reflecting a 22.2% increase from the previous year [3][6] Financial Performance - Revenue for the third quarter was approximately $425.7 million, surpassing forecasts of $418.2 million [2] - Metal Coatings sales increased by 15.7% to $195 million, while Precoat Metals sales slightly declined by 1.8% to $230.7 million [2] - Adjusted net income rose by 9.7% to $46 million, with GAAP diluted EPS increasing by 21.4% to $1.36 [3] Shareholder Returns and Debt Management - The company repurchased 201,416 shares for $20 million at an average price of $99.28 per share [4] - AZZ reduced its debt by $35 million during the quarter, contributing to a year-to-date debt reduction of $325.4 million [4] - Cash provided by operating activities increased by 20% to $79.7 million, and a cash dividend of $0.20 per share was paid to common shareholders [4] Valuation Metrics - The company has a price-to-earnings (P/E) ratio of approximately 10.23, indicating a positive market valuation of its earnings [5] - The price-to-sales ratio stands at about 2.04, and the enterprise value to sales ratio is around 2.06 [5] - AZZ's debt-to-equity ratio is 0.024, and the current ratio is approximately 1.66, demonstrating a solid ability to cover short-term liabilities [5]