AZZ Inc. (AZZ) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 |
|---|
| Cash from Operations | 72.57M | 79.7M | 58.39M | 314.78M | 64.31M | 66.17M | 47.49M | 71.94M | 63.54M | 62.59M | 71.45M | 46.89M | -6.44M | 9.49M | 43.8M | 23.31M | 36.34M | 11.91M | 26.7M | 11.06M |
| Operating CF Margin % | 18.85% | 18.72% | 13.99% | 74.6% | 18.28% | 16.39% | 11.61% | 17.41% | 17.33% | 16.4% | 17.93% | 12% | -1.91% | 2.54% | 10.77% | 11.26% | 16.18% | 8.82% | 20.31% | 4.81% |
| Operating CF Growth % | 12.85% | 20.46% | 22.96% | 337.54% | 1.21% | 5.72% | -33.54% | 53.42% | 1086.65% | 559.79% | 63.14% | 101.14% | -117.72% | -20.35% | 64.04% | 110.8% | 11.34% | -56.26% | -38.41% | 198.89% |
| Net Income | 748.42M | 41.08M | 89.35M | 170.91M | -56.19M | 33.6M | 35.42M | 39.6M | 17.86M | 34.09M | 28.33M | 24.92M | -813K | 19.47M | 24.09M | 24.08M | 21.62M | 21.09M | 18.98M | 22.34M |
| Depreciation & Amortization | 156.08M | 22.78M | 22.37M | 21.83M | 20.82M | 20.63M | 20.43M | 20.32M | 20.39M | 20.36M | 20.15M | 18.52M | 18.78M | 21.94M | 18.76M | 15.12M | 11.44M | 11.14M | 11M | 11.08M |
| Stock-Based Compensation | 29.35M | 2.47M | 4.35M | 5.09M | 2.02M | 3.8M | 4.91M | 2.54M | 3.3M | 2.19M | 2.12M | 1.9M | 1.24M | 2.37M | 2.77M | 2M | 2.91M | 1.86M | 2.87M | 1.81M |
| Deferred Taxes | 49.91M | 3.88M | 25.19M | -4.06M | 548K | 2.54M | 1.72M | 3.16M | 4.96M | 2.38M | -634K | -2.02M | 27.43M | 1.4M | 0 | -2.72M | 8.42M | -4M | -62K | -892K |
| Other Non-Cash Items | -927.93M | 4.81M | -66.13M | 104.28M | 86.81M | -2.4M | 5.45M | 138K | 1.89M | -12.95M | 2.11M | 5.22M | -17.02M | -16.49M | -881K | 1.25M | -1.41M | 554K | 388K | -94K |
| Working Capital Changes | 16.74M | 4.7M | -16.74M | 16.74M | 10.3M | 7.99M | -20.44M | 6.18M | 15.14M | 16.52M | 19.37M | -1.66M | -36.06M | -19.2M | -944K | -16.41M | -6.64M | -18.73M | -6.48M | -23.19M |
| Change in Receivables | -22.96M | -16.44M | 22.96M | -22.96M | 32.29M | 2.15M | -14.38M | -18.27M | 3.24M | 11.58M | -13.55M | 12.94M | -10.12M | 27.13M | -25.19M | -10.63M | -15.77M | -10.93M | 56K | -7.97M |
| Change in Inventory | 1.76M | 885K | -1.76M | 1.76M | 2.27M | 321K | -1.17M | 3.62M | 9.09M | 9.73M | 8.66M | -1.2M | -2.55M | 1.44M | 2.97M | -19.05M | -11.17M | -3.52M | -4.93M | -8.25M |
| Change in Payables | 3.89M | 2.74M | -3.89M | 3.89M | 9.85M | -9.64M | -2.67M | 25.94M | -9.46M | -6.38M | 17.7M | -2.67M | 1.09M | -47.96M | -8.74M | 41.58M | 813K | -2.19M | -3.66M | 6.32M |
| Cash from Investing | -6.49M | -18.5M | -49.37M | -17.12M | -29.9M | -26.36M | -31.36M | -27.38M | -28.21M | -24.15M | -25.68M | -17.03M | -18.61M | 103.8M | -9.16M | -1.31B | -70.41M | -5.86M | -3.1M | -7.47M |
| Capital Expenditures | -22.05M | -18.55M | -19.28M | -20.9M | -29.94M | -26.44M | -32.1M | -27.4M | -28.22M | -24.17M | -25.69M | -17.04M | -22.04M | -16.39M | -10.89M | -7.81M | -9.27M | -6.03M | -5.61M | -7.49M |
| CapEx % of Revenue | 5.73% | 4.36% | 4.62% | 4.95% | 8.51% | 6.55% | 7.85% | 6.63% | 7.7% | 6.33% | 6.45% | 4.36% | 6.55% | 4.39% | 2.68% | 3.77% | 4.13% | 4.47% | 4.27% | 3.26% |
| Acquisitions | 13.61M | 0 | -30.14M | 0 | 0 | 0 | 0 | 0 | 55K | 0 | 0 | 0 | 760K | 121.83M | 1K | -1.3B | -61.22M | 169K | 2.51M | 23K |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 1.95M | 51K | 53K | 3.77M | 44K | 81K | 744K | 17K | -47K | 27K | 11K | 9K | 2.66M | -1.64M | 1.73M | 33K | 83K | 0 | 0 | 23K |
| Cash from Financing | -65.8M | -61.71M | -11.1M | -295.51M | -34.78M | -41.16M | -24.21M | -38.54M | -38.44M | -33.06M | -46.83M | -29.55M | 21.88M | -119.64M | -123.84M | 1.37B | 30.08M | -2.82M | -20.74M | -5.61M |
| Debt Issued (Net) | -61.27M | -35.71M | -6.73M | -285.81M | -30.3M | -35.26M | -20.24M | -25.2M | -30.16M | -25.11M | -41.37M | -20M | 31.75M | -230.25M | -126.25M | 1.46B | 35M | 9M | -3M | 7M |
| Equity Issued (Net) | 1.53M | -20M | 2.06M | -4.6M | 1.23M | 0 | 1.51M | -197K | 899K | 1K | 1.46M | -1.71M | 605K | -286K | 1.77M | -2.31M | -702K | -7.64M | -13.43M | -6.26M |
| Dividends Paid | -5.98M | -6M | -6.01M | -5.08M | -5.09M | -11.74M | -5.08M | -7.87M | -7.87M | -7.86M | -7.85M | -7.83M | -10.07M | -4.25M | -4.23M | -4.19M | -4.2M | -4.16M | -4.26M | -4.25M |
| Share Repurchases | 0 | -20M | 0 | -4.6M | 0 | 0 | 0 | -308.92M | 0 | 0 | 0 | -1.71M | 0 | -286K | 0 | -2.31M | -1.95M | -7.64M | -14.97M | -6.26M |
| Other Financing | -89K | 0 | -417K | -20K | -624K | 5.84M | -410K | -5.28M | -1.32M | -96K | 919K | 0 | -401K | 115.14M | 4.87M | -87.55M | -18K | -20K | -48K | -2.1M |
| Net Change in Cash | 82K | -274K | -2.15M | 1.55M | 4K | -668K | -8.39M | 6.2M | -3.16M | 5.4M | -1.77M | 1.06M | -470K | -11.05M | -86.66M | 85.92M | -5.27M | 4.87M | 3.08M | -2.43M |
| Free Cash Flow | 50.52M | 61.16M | 39.11M | 293.89M | 34.37M | 39.73M | 15.38M | 44.55M | 35.32M | 38.41M | 45.76M | 29.86M | -28.48M | -6.9M | 32.91M | 15.51M | 27.07M | 5.88M | 21.09M | 3.57M |
| FCF Margin % | 13.12% | 14.36% | 9.37% | 69.65% | 9.77% | 9.84% | 3.76% | 10.78% | 9.64% | 10.07% | 11.48% | 7.64% | -8.46% | -1.85% | 8.09% | 7.49% | 12.05% | 4.35% | 16.04% | 1.55% |
| FCF Growth % | 46.98% | 53.94% | 154.27% | 559.71% | -2.69% | 3.42% | -66.39% | 49.2% | 224.04% | 656.48% | 39.05% | 92.56% | -205.2% | -217.44% | 56.05% | 334.19% | 15.44% | -68.42% | -39.62% | 116.21% |
| FCF per Share | 1.68 | 2.03 | 1.29 | 9.73 | 1.14 | 1.32 | 0.51 | 1.67 | 1.39 | 1.31 | 1.57 | 1.02 | -1.14 | -0.28 | 1.13 | 0.60 | 1.09 | 0.24 | 0.84 | 0.14 |
| FCF Conversion (FCF/Net Income) | 4.56x | 1.94x | 0.65x | 1.84x | 3.18x | 1.97x | 1.34x | 1.82x | 3.56x | 2.33x | 2.52x | 1.64x | -6.07x | -0.46x | -0.76x | 0.97x | 1.68x | 0.56x | 1.41x | 0.50x |
| Interest Paid | 0 | 8.89M | 9.7M | 15.65M | 16.61M | 18.03M | 20.17M | 21.06M | 22.82M | 23.45M | 25.67M | 25.87M | 25.5M | 28.6M | 19.73M | 4.16M | 2.41M | 351K | 2.91M | 394K |
| Taxes Paid | 0 | 6.52M | 45.71M | 551K | -22.28M | 8.57M | 12.77M | 934K | 2.75M | 4.75M | 12.04M | 895K | 8.86M | 5.56M | 6.03M | 4.03M | 8.4M | 8.9M | 13.04M | 1.32M |