Azz annual net debt
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2025
Azz Net Debt Growth & History (AZZ)
Azz's net debt was $537.7M for fiscal 2025.
View full Azz company overviewAzz annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2026-02-28 | $537.7M | −$340.0M | −38.74% |
| 2024 | 2025-02-28 | $877.6M | −$95.2M | −9.79% |
| 2023 | 2024-02-29 | $972.9M | −$109.5M | −10.12% |
| 2022 | 2023-02-28 | $1.08B | $825.1M | +320.63% |
| 2021 | 2022-02-28 | $257.3M | $54.5M | +26.89% |
| 2020 | 2021-02-28 | $202.8M | −$7.8M | −3.72% |
| 2019 | 2020-02-29 | $210.6M | −$53.0M | −20.09% |
| 2018 | 2019-02-28 | $263.6M | −$16.5M | −5.88% |
| 2017 | 2018-02-28 | $280.0M | $19.9M | +7.66% |
| 2016 | 2017-02-28 | $260.1M | $28.9M | +12.49% |
| 2015 | 2016-02-29 | $231.2M | −$71.9M | −23.71% |
| 2014 | 2015-02-28 | $303.1M | −$75.0M | −19.83% |
| 2013 | 2014-02-28 | $378.1M | $222.9M | +143.72% |
| 2012 | 2013-02-28 | $155.1M | $73.4M | +89.87% |
| 2011 | 2012-02-29 | $81.7M | −$4.9M | −5.67% |
| 2010 | 2011-02-28 | $86.6M | — | — |
Azz quarterly net debt
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Q1.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q1 2026 | 2026-05-31 | $541.8M | −$53.4M | −8.97% |
| Q4 2025 | 2026-02-28 | $537.7M | −$340.0M | −38.74% |
| Q3 2025 | 2025-11-30 | $566.0M | −$338.8M | −37.44% |
| Q2 2025 | 2025-08-31 | $596.4M | −$336.8M | −36.09% |
| Q1 2025 | 2025-05-31 | $595.1M | −$347.5M | −36.86% |
| Q4 2024 | 2025-02-28 | $877.6M | −$95.2M | −9.79% |
| Q3 2024 | 2024-11-30 | $904.8M | −$91.3M | −9.17% |
| Q2 2024 | 2024-08-31 | $933.3M | −$92.0M | −8.97% |
| Q1 2024 | 2024-05-31 | $942.6M | −$121.3M | −11.40% |
| Q4 2023 | 2024-02-29 | $972.9M | −$109.5M | −10.12% |
| Q3 2023 | 2023-11-30 | $996.1M | −$49.4M | −4.72% |
| Q2 2023 | 2023-08-31 | $1.03B | −$240.9M | −19.03% |
| Q1 2023 | 2023-05-31 | $1.06B | −$494.4M | −31.73% |
| Q4 2022 | 2023-02-28 | $1.08B | $825.1M | +320.63% |
| Q3 2022 | 2022-11-30 | $1.05B | $829.6M | +384.48% |
| Q2 2022 | 2022-08-31 | $1.27B | $1.05B | +494.14% |
| Q1 2022 | 2022-05-31 | $1.56B | $1.34B | +605.43% |
| Q4 2021 | 2022-02-28 | $257.3M | $54.5M | +26.89% |
| Q3 2021 | 2021-11-30 | $215.8M | $13.4M | +6.63% |
| Q2 2021 | 2021-08-31 | $213.1M | $14.0M | +7.06% |
| Q1 2021 | 2021-05-31 | $220.9M | $110.4M | +99.89% |
| Q4 2020 | 2021-02-28 | $202.8M | −$7.8M | −3.72% |
| Q3 2020 | 2020-11-30 | $202.4M | −$88.1M | −30.34% |
| Q2 2020 | 2020-08-31 | $199.1M | −$90.1M | −31.15% |
| Q1 2020 | 2020-05-31 | $110.5M | −$220.7M | −66.63% |
| Q4 2019 | 2020-02-29 | $210.6M | −$53.0M | −20.09% |
| Q3 2019 | 2019-11-30 | $290.5M | $35.2M | +13.78% |
| Q2 2019 | 2019-08-31 | $289.1M | $2.6M | +0.92% |
| Q1 2019 | 2019-05-31 | $331.2M | $23.0M | +7.46% |
| Q4 2018 | 2019-02-28 | $263.6M | −$16.5M | −5.88% |
| Q3 2018 | 2018-11-30 | $255.3M | −$40.9M | −13.81% |
| Q2 2018 | 2018-08-31 | $286.5M | −$11.8M | −3.95% |
| Q1 2018 | 2018-05-31 | $308.2M | $14.8M | +5.04% |
| Q4 2017 | 2018-02-28 | $280.0M | $19.9M | +7.66% |
| Q3 2017 | 2017-11-30 | $296.2M | −$1.5M | −0.50% |
| Q2 2017 | 2017-08-31 | $298.3M | $12.8M | +4.48% |
| Q1 2017 | 2017-05-31 | $293.4M | −$19.1M | −6.11% |
| Q4 2016 | 2017-02-28 | $260.1M | $28.9M | +12.49% |
| Q3 2016 | 2016-11-30 | $297.7M | −$6.6M | −2.16% |
| Q2 2016 | 2016-08-31 | $285.5M | −$54.5M | −16.03% |
| Q1 2016 | 2016-05-31 | $312.5M | −$8.8M | −2.74% |
| Q4 2015 | 2016-02-29 | $231.2M | −$71.9M | −23.71% |
| Q3 2015 | 2015-11-30 | $304.3M | −$30.4M | −9.09% |
| Q2 2015 | 2015-08-31 | $340.0M | −$12.8M | −3.63% |
| Q1 2015 | 2015-05-31 | $321.3M | −$53.4M | −14.25% |
| Q4 2014 | 2015-02-28 | $303.1M | −$75.0M | −19.83% |
| Q3 2014 | 2014-11-30 | $334.7M | −$50.9M | −13.21% |
| Q2 2014 | 2014-08-31 | $352.8M | −$57.7M | −14.06% |
| Q1 2014 | 2014-05-31 | $374.7M | −$37.0M | −9.00% |
| Q4 2013 | 2014-02-28 | $378.1M | $222.9M | +143.72% |
| Q3 2013 | 2013-11-30 | $385.6M | $224.4M | +139.20% |
| Q2 2013 | 2013-08-31 | $410.5M | $268.5M | +189.09% |
| Q1 2013 | 2013-05-31 | $411.8M | $340.4M | +476.77% |
| Q4 2012 | 2013-02-28 | $155.1M | $73.4M | +89.87% |
| Q3 2012 | 2012-11-30 | $161.2M | $96.3M | +148.39% |
| Q2 2012 | 2012-08-31 | $142.0M | $66.1M | +87.09% |
| Q1 2012 | 2012-05-31 | $71.4M | — | — |
| Q4 2011 | 2012-02-29 | $81.7M | −$4.9M | −5.67% |
| Q3 2011 | 2011-11-30 | $64.9M | — | — |
| Q2 2011 | 2011-08-31 | $75.9M | — | — |
| Q4 2010 | 2011-02-28 | $86.6M | — | — |
Azz net debt trends
Over the last five fiscal years, Azz's net debt increased from $202.8M to $537.7M, a change of $334.9M. The latest reported quarter, Q1 2026, shows $541.8M.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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