AZZ Stock Cash Flow Statements

AZZ Quarterly Cash Flow Statements Chart

Quarterly

Annual

Stock-Based Compensation

Operating Cash Flow

Investing Cash Flow

Financing Cash Flow

Free Cash Flow

Capital Expenditure

AZZ Quarterly Cash Flow Statements Table

Quarterly

Annual

Unit: USD	2025-05-31	2025-02-28	2024-11-30	2024-08-31	2024-05-31	2024-02-29	2023-11-30	2023-08-31	2023-05-31	2023-02-28	2022-11-30	2022-08-31	2022-05-31	2022-02-28	2021-11-30	2021-08-31	2021-05-31	2021-02-28	2020-11-30	2020-08-31	2020-05-31	2020-02-29	2019-11-30	2019-08-31	2019-05-31	2019-02-28	2018-11-30	2018-08-31	2018-05-31	2018-02-28	2017-11-30	2017-08-31	2017-05-31

cash flows from operating activities
net income available to common shareholders	170,908,000	20,209,000	33,603,000	35,419,000	-36,796,000	14,263,000	23,290,000	24,732,000	24,922,000	-2,539,000	-24,142,000
plus: dividends on series a preferred stock		0	0	0	1,200,000
plus: redemption premium on series a preferred stock		0	0	0	75,198,000
net income	170,908,000		33,603,000	35,419,000	39,602,000								24,077,000	21,622,000	21,085,000	18,978,000	22,337,000	16,160,000	19,703,000	-1,790,000	5,541,000	-10,643,000	22,035,000	15,558,000	21,284,000	8,851,000	15,395,000	11,244,000	15,718,000	23,487,000	113,000	8,329,000	13,240,000
adjustments to reconcile net income to net cash from operating activities:
bad debt expense	320,000	5,124,000	-67,000	-329,000	330,000		-26,000	61,000	18,000	-20,000	-37,000			116,000	28,000	-303,000	-218,000
depreciation and amortization	21,827,000	20,822,000	20,633,000	20,427,000	20,323,000	20,389,000	20,357,000	20,153,000	18,524,000	18,777,000	21,938,000
deferred income taxes	-4,056,000	548,000	2,540,000	1,717,000	3,164,000	4,959,000	2,382,000	-634,000	-2,022,000	27,428,000	1,402,000	-19,101,000	-2,722,000	8,422,000	-4,001,000	-62,000	-892,000	3,099,000	833,000	-3,346,000	-2,147,000	1,869,000	-619,000	-4,535,000	668,000	2,198,000	1,066,000	-172,000	639,000	-22,999,000	1,680,000	-285,000	967,000
equity in earnings of unconsolidated entities	-173,523,000	-3,693,000	-7,168,000	-1,478,000	-3,824,000	-4,271,000	-8,742,000	-974,000	-1,420,000	-1,591,000
distribution on investment in avail joint venture	273,223,000	5,801,000	1,609,000	4,616,000	539,000
restructuring charges	3,744,000
net gain on sale of property, plant and equipment	-2,686,000	29,000	90,000	-471,000	-16,000																						117,000	-520,000	212,000
amortization of debt financing costs	3,198,000	3,154,000	3,140,000	3,110,000	3,109,000	3,066,000	3,043,000	3,033,000	3,029,000
share-based compensation expense	5,086,000	2,017,000	3,796,000	4,913,000	2,535,000	3,303,000	2,188,000	2,115,000	1,904,000	1,244,000	2,368,000	2,772,000	1,998,000	2,907,000	1,860,000	2,871,000	1,811,000	1,557,000	1,690,000	2,317,000	1,766,000	1,386,000	1,818,000	1,736,000	1,350,000	1,324,000	-324,000	2,301,000	1,358,000	1,311,000	1,410,000	2,206,000	1,194,000
changes in current assets and current liabilities	17,768,000	14,201,000	11,402,000	-16,103,000	7,610,000	15,183,000	17,435,000
changes in other long-term assets and long-term liabilities	-1,027,000	-3,900,000	-3,411,000	-4,335,000	-1,428,000	-45,000	-913,000
net cash from operating activities	314,782,000		66,167,000	47,486,000	71,944,000								23,314,000		11,910,000	26,698,000	11,060,000		27,228,000	43,350,000	-11,184,000		33,819,000	56,822,000	-18,587,000		42,928,000	29,833,000	-12,366,000		35,925,000	18,589,000	-15,804,000
capex	-20,896,000		-26,441,000	-32,105,000	-27,396,000								-7,809,000		-6,032,000	-5,610,000	-7,489,000		-8,616,000	-8,422,000	-10,847,000		-6,047,000	-11,810,000	-4,686,000		-6,512,000	-4,332,000	-2,847,000		-4,897,000	-6,495,000	-10,141,000
free cash flows	293,886,000		39,726,000	15,381,000	44,548,000								15,505,000		5,878,000	21,088,000	3,571,000		18,612,000	34,928,000	-22,031,000		27,772,000	45,012,000	-23,273,000		36,416,000	25,501,000	-15,213,000		31,028,000	12,094,000	-25,945,000
cash flows from investing activities
purchase of property, plant and equipment	-20,896,000	-29,941,000	-26,441,000	-32,105,000	-27,396,000	-28,219,000	-24,174,000	-25,690,000	-17,036,000	-22,035,000	-16,389,000	-10,887,000	-7,809,000		-6,032,000	-5,610,000	-7,489,000		-8,616,000	-8,422,000	-10,847,000		-6,047,000	-11,810,000	-4,686,000		-6,512,000	-4,332,000	-2,847,000		-4,897,000	-6,495,000	-10,141,000
proceeds from sale of property, plant and equipment	3,774,000		81,000										33,000		169,000	2,514,000	23,000		57,000				5,000	122,000	210,000		23,000
net cash from investing activities	-17,122,000		-26,360,000	-31,361,000	-27,379,000								-1,306,289,000		-5,863,000	-3,096,000	-7,466,000		-4,456,000	316,000	-10,847,000		-26,746,000	-12,619,000	-43,469,000		-6,489,000	-3,993,000	-10,847,000		-27,465,000	-16,739,000	-9,970,000
cash flows from financing activities
proceeds from issuance of common stock		1,226,000	0			899,000	1,000			605,000	0			1,244,000	0			1,138,000	0			1,332,000	0
redemption of series a preferred stock				0	-308,920,000
tax payments related to common stock issued under stock-based plans	-4,598,000
proceeds from revolving credit facility	210,000,000	55,000,000	78,000,000
payments on revolving credit facility	-160,000,000	-65,000,000	-113,000,000
payments of debt financing costs	-20,000	-362,000	-826,000	0	-715,000	-400,000	-96,000			7,000	-4,858,000	4,858,000	-87,555,000
payments on long term debt and finance leases	-335,809,000						-106,000
payments of dividends	-5,085,000	-5,086,000	-5,079,000	-5,076,000	-7,867,000	-7,867,000	-7,864,000	-7,852,000	-7,835,000	-10,075,000	-4,246,000	-4,226,000	-4,192,000		-4,163,000	-4,265,000	-4,245,000		-4,432,000	-4,467,000	-4,425,000		-4,461,000	-4,454,000	-4,440,000		-4,435,000	-4,426,000	-4,418,000		-4,421,000	-4,422,000	-4,423,000
net cash from financing activities	-295,512,000		-41,162,000	-24,208,000	-38,542,000								1,368,940,000		-2,819,000	-20,738,000	-5,610,000		-19,098,000	-56,167,000	11,036,000		-5,987,000	-44,364,000	51,560,000		-27,435,000	-30,926,000	16,796,000		-1,755,000	-4,924,000	20,890,000
effect of exchange rate changes on cash	-593,000	372,000	687,000	-311,000	174,000	-45,000	25,000	-704,000	737,000	2,704,000	-4,700,000	2,550,000	-49,000		1,639,000	221,000	-418,000		1,493,000	115,000	722,000		-380,000	158,000	77,000		-795,000	352,000	-498,000		397,000	286,000	-81,000
net increase in cash and cash equivalents	1,555,000	4,000			6,197,000	-3,160,000			1,058,000	-470,000	-11,050,000	-86,658,000	85,916,000		4,867,000
cash and cash equivalents at beginning of period	1,488,000	0	0	0	4,349,000	0	0	0	2,820,000		0	0	15,082,000		0	0	14,837,000		0	0	36,687,000		0	0	24,005,000		0	0	20,853,000
cash and cash equivalents at end of period	3,043,000		-668,000	-8,394,000	10,546,000			-1,770,000	3,878,000		-11,050,000	-86,658,000	100,998,000		4,867,000	3,085,000	12,403,000		5,167,000	-12,386,000	26,414,000		706,000	-3,000	13,586,000		8,209,000	-4,734,000	13,938,000
common stock
shares
balance at march 31, 2025
share-based compensation
common stock issued under stock-based plans and related tax expense		22,000	112,000	-92,000	112,000
cash dividends paid on common stock
other comprehensive income
balance at may 31, 2025
less: net income from discontinued operations										-6,366,000	-38,969,000
net income from continuing operations						17,863,000	26,890,000	28,332,000	28,522,000	7,427,000	18,427,000
adjustments to reconcile net income from continuing operations to net cash from operating activities:
loss on abandonment of long-lived assets
net cash from operating activities of continuing operations						63,540,000	62,588,000	71,447,000	46,893,000	22,808,000	26,611,000
proceeds from sale of subsidiaries
acquisition of subsidiaries, net of cash acquired										718,000	15,065,000	0	-1,298,513,000									0	-20,704,000	-931,000	-38,993,000	0	0	0	-8,000,000	-11,944,000	-22,591,000
proceeds from sale or insurance settlements of property, plant and equipment										7,000	25,000
net cash from investing activities of continuing operations						-28,211,000	-24,147,000	-25,679,000	-17,027,000	-21,268,000	105,467,000
payments for taxes related to net share settlement of equity awards					-4,567,000	-920,000	0	919,000	-1,710,000	-408,000	-286,000	7,000	-2,313,000	-18,000	-20,000	-48,000	-2,101,000	-66,000	-92,000	-15,000	-539,000	-14,000	-526,000
proceeds from long term debt										0	0	0	1,540,000,000
payments on long term debt and finance lease liabilities		-20,299,000	-257,000	-60,236,000	-30,196,000
net cash from financing activities of continuing operations						-38,444,000	-33,065,000	-46,834,000	-29,545,000	21,879,000	-239,640,000
net cash from operating activities from discontinued operations										-29,248,000	-17,125,000
net cash from investing activities from discontinued operations										2,655,000	-1,663,000
net cash from financing activities from discontinued operations										0
net cash from discontinued operations
cash and cash equivalents from continuing operations at end of period						-3,160,000	5,401,000	-1,770,000	3,878,000		-8,050,000
balance at february 28, 2022
common stock issued under employee stock purchase plan		27,000	0
dividends on series a preferred stock
cash dividends paid on common shares
balance at february 28, 2023						24,672,000	0
balance at february 29, 2024		0	0	0	25,102,000
common stock issued
redemption premium on series a preferred stock
other comprehensive loss
balance at february 28, 2025
redemption of preferred stock
tax payments related to net share settlement of equity awards			0
balance at august 31, 2024			0
balance at november 30, 2024
secondary public offering and issuance of additional common stock					4,600,000
net decrease in cash and cash equivalents																	-2,434,000		5,167,000	-12,386,000	-10,273,000		706,000	-3,000	-10,419,000		8,209,000	-4,734,000	-6,915,000
balance at may 31, 2024				0	29,814,000
other investing activities					17,000	8,000	27,000	11,000	9,000
proceeds from secondary public offering and issuance of additional common stock					308,723,000
proceeds from revolving loan					75,000,000	60,000,000	47,000,000	50,000,000	92,000,000	125,000,000	80,000,000	136,000,000	39,000,000	80,000,000	34,000,000	147,000,000	35,000,000	67,000,000	65,000,000	20,000,000	76,000,000	108,000,000	101,000,000	32,500,000	187,000,000	52,000,000	34,000,000	75,500,000	102,500,000	76,000,000	64,000,000	81,000,000	128,000,000
payments on revolving loan					-70,000,000	-40,000,000	-72,000,000	-90,000,000	-112,000,000	-40,000,000	-97,000,000	-109,000,000	-116,000,000	-45,000,000	-25,000,000	-150,000,000	-28,000,000	-95,000,000	-55,000,000	-67,000,000	-60,000,000	-160,000,000	-102,000,000	-73,500,000	-131,000,000	-84,000,000	-57,000,000	-102,000,000	-67,000,000	-82,000,000	-59,000,000	-79,000,000	-36,500,000
net (income) income from discontinued operations
plus: dividends on preferred stock						3,600,000	3,600,000
other non-cash items
proceeds from divestiture
repurchase and retirement of treasury stock															-7,636,000	-14,969,000	-6,264,000
less: cash and cash equivalents from discontinued operations at end of period
balance at february 28, 2021
repurchase and retirement of common stock
dividends on preferred stock
impairment of long-lived assets											100,000
net (gain) on sale of property, plant and equipment							-26,000	-11,000	-2,000
balance at august 31, 2023							0
dividends paid on common shares
balance at november 30, 2023
common stock issued under stock-based plans and related income tax expense
balance at may 31, 2023
foreign currency translation
interest rate swap
plus: accrued dividends on preferred stock									3,600,000	3,600,000
effects of changes in assets and liabilities, net of acquisitions and dispositions:
accounts receivable									12,936,000	-10,115,000	19,383,000	-25,188,000	-10,625,000	-15,765,000	-10,934,000	56,000	-7,966,000	-1,789,000	-9,971,000	10,965,000	8,721,000	27,082,000	-18,909,000	5,049,000	-14,228,000	5,824,000	-776,000	16,398,000	-29,577,000	19,246,000	-16,693,000	15,053,000	-14,114,000
inventories									-1,198,000	-2,552,000	1,435,000	2,973,000	-19,054,000	-11,168,000	-3,519,000	-4,930,000	-8,254,000	3,908,000	-1,283,000	3,969,000	-4,449,000	19,630,000	-9,305,000	7,869,000	7,681,000	-2,159,000	3,735,000	-809,000	-1,362,000	1,817,000	7,914,000	-11,722,000	-7,936,000
prepaid expenses and other									-2,494,000	2,005,000	3,043,000	3,214,000	-12,452,000		3,403,000	2,696,000	-5,419,000		955,000	2,313,000	-941,000		3,546,000	-815,000	-1,240,000		1,437,000	3,537,000	-5,927,000		1,503,000	1,598,000	-5,619,000
other assets									43,000	273,000	304,000	-4,554,000	300,000		46,000	-1,827,000	-778,000		24,000	79,000	123,000		-82,000	183,000	185,000		11,000	131,000	-1,148,000		1,049,000	-87,000	-1,019,000
net change in contract assets and liabilities									-1,949,000	-6,814,000	10,161,000	4,938,000	-12,689,000	22,937,000	-5,648,000	4,768,000	-9,839,000	20,434,000	-14,845,000	-3,620,000	3,168,000	7,109,000	-4,197,000	5,136,000	-55,088,000	12,587,000	9,782,000	1,160,000	-20,438,000
accounts payable									-2,665,000	1,087,000	-47,962,000	-8,739,000	41,579,000	813,000	-2,190,000	-3,660,000	6,321,000	-13,739,000	8,149,000	-603,000	-15,328,000	-7,792,000	5,377,000	5,941,000	7,068,000	7,866,000	1,988,000	-15,601,000	5,576,000	7,407,000	903,000	-4,365,000	-2,405,000
other accrued liabilities and income taxes payable									-6,333,000	-19,945,000	-5,561,000	26,412,000	-3,464,000	-6,134,000	115,000	-3,579,000	2,749,000	-11,425,000	8,946,000	2,884,000	-19,610,000	-5,429,000	21,256,000	8,854,000	-1,145,000	8,081,000	-1,925,000	-1,714,000	7,559,000	-1,993,000	-7,540,000	276,000	-1,927,000
cash from discontinued operations										-26,593,000	101,212,000
other operating cash payments
cash paid for interest									25,866,000				4,161,000	2,407,000	351,000	2,910,000	394,000	3,758,000	435,000	3,937,000	869,000	4,597,000	1,607,000	5,219,000	1,600,000	4,923,000	2,119,000	5,373,000	2,465,000	4,645,000	1,928,000	4,734,000	2,286,000
cash paid for income taxes									895,000				4,034,000	8,401,000	8,899,000	13,038,000	1,322,000	910,000	5,850,000	9,347,000	11,000	10,817,000	4,215,000	3,203,000	567,000	893,000	884,000	844,000	670,000	285,000	811,000	508,000	7,097,000
supplemental disclosures of non-cash investing and financing activities
accrued dividends on preferred stock									2,400,000
accruals for capital expenditures									2,409,000
loss on disposal of business														0				30,000	1,852,000
net (gain) loss on sale of property, plant and equipment										349,000	1,361,000	-2,713,000	-29,000		-247,000	500,000	-15,000				40,000			-106,000	-200,000
payments on long term debt										-53,250,000	-213,250,000																0	0	-14,286,000		-1,000	0	-63,504,000
cash and cash equivalents at beginning of year
cash and cash equivalents at end of year
less: cash and cash equivalents from discontinued operations at end of year
cash and cash equivalents from continuing operations at end of year
amortization of deferred borrowing costs											1,255,000	3,120,000	1,541,000		221,000	191,000	139,000		234,000	134,000	135,000		135,000	133,000	136,000		64,000	205,000	138,000		147,000	149,000	154,000
bad debt recoveries													-265,000
amortization and depreciation													15,119,000		11,139,000	10,999,000	11,084,000		11,027,000	11,481,000	11,668,000		12,624,000	12,258,000	12,326,000		12,370,000	12,627,000	13,071,000		12,856,000	12,561,000	12,423,000
supplemental disclosures
cash flows from operating activities:
gain on disposal group held for sale
inventory write-downs
impairment loss on long lived assets
gain on sale of property, plant & equipment
amortization of deferred debt issuance costs
effects of changes in operating assets and liabilities, net of acquisitions:
prepaid expenses and other assets
net cash from operating activities:
cash flows from investing activities:
proceeds from the sale or insurance settlement of property, plant, and equipment
proceeds from sale of subsidiary
purchases of property, plant and equipment
net cash from investing activities:
cash flows from financing activities:
proceeds from long-term debt
payments on long-term debt
debt issuance costs paid
payment of dividends
net cash from financing activities:
effect of exchange rate changes on cash and cash equivalents
net change in cash and cash equivalents
cash and cash equivalents, beginning of year
cash and cash equivalents, end of year
supplemental disclosures of cash flow information:
loss on disposal group held for sale
non-cash restructuring and impairment charges																			-206,000
loss on sale of property, plant & equipment
benefit from doubtful accounts																			7,000	97,000	129,000	418,000	139,000	-439,000	2,616,000	114,000	-11,000	235,000	1,815,000	67,000	2,893,000
purchases of treasury shares																			-24,574,000											0	-2,333,000	-2,502,000	-2,683,000
effects of changes in assets and liabilities, net of acquisitions:
net income on property, plant and equipment due to impairment																											-1,000
net income on disposition of property, plant & equipment due to impairment
net income on sale of property, plant & equipment and insurance proceeds
effects of changes in assets and liabilities:
net (gain) loss on sale of property, plant & equipment and insurance proceeds
net change in billings related to costs and estimated earnings on uncompleted contracts																														-3,912,000	21,383,000	-5,762,000	-10,725,000
excess tax benefits from share-based compensation
net income on disposition of property, plant and equipment due to impairment
net income on sale of property, plant and equipment and insurance proceeds
proceeds from sale or insurance settlement of property, plant and equipment
net income on disposition of property, plant & equipment due to realignment
effects of changes in assets & liabilities:
proceeds from sale or insurance settlement of property, plant, and equipment																																6,000	171,000
net decrease in cash & cash equivalents																																-2,788,000	-4,965,000
cash & cash equivalents at beginning of period																																0	11,302,000
cash & cash equivalents at end of period																																-2,788,000	6,337,000
provision (recovery) for doubtful accounts																																	63,000
net gain on sale of property, plant & equipment and insurance proceeds																																	-100,000
debt acquisition costs
proceeds from exercise of stock options and stock appreciation rights
excess tax benefits from stock options and stock appreciation rights
depreciation
amortization
non-cash compensation expense
non-cash interest expense
deferred income tax expense
net (gain) loss on insurance settlement or sale of property, plant and equipment
effects of changes in operating assets and liabilities, net of business acquisitions:
other accrued liabilities and income taxes
proceeds from the sale or insurance settlement of property, plant and equipment
debt origination costs
tax benefits from stock options exercised
cash dividends paid
cash paid during the year for:
interest
income taxes
proceeds on revolving loan
proceeds from settlement of derivative
net gain on insurance settlement or sale of property, plant and equipment
share based compensation expense
cumulative effect of change in accounting principle
proceeds from exercise of stock options
effects of changes in operating assets and liabilities:
proceeds from the sale of property, plant and equipment
effects of changes in operating assets and liabilities, net of acquisition of subsidiaries:
proceeds from the sale of long-term investments
purchase of treasury stock

We provide you with 20 years of cash flow statements for AZZ stock, allowing you to gain comprehensive visibility into the fundamentals of the company. Our detailed breakdowns include key financial metrics such as operating cash flows, cash levels, capital expenditures, profits, stock-based compensations and profit margins. This in-depth information is essential for making informed investment decisions and understanding the financial health and performance of AZZ stock. Explore the full financial landscape of AZZ stock with our expertly curated income statements.

The information provided in this report about AZZ stock is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.