AZZ Reports Record Q2 Sales and Raised Full-Year Outlook
On its second-quarter fiscal year 2027 earnings call on October 14, 2026, AZZ reported record quarterly sales of $486.9 million and raised its full-year financial outlook. The company is benefiting from multiyear infrastructure spending and utility power upgrades that are driving consistent demand across both metal coatings and coil coating operations. This trend has insulated the business from cyclical declines in residential construction. AZZ highlighted three key takeaways for long-term investors: sustained order momentum due to electrical transmission projects, de-risked capacity expansion through anchor customer partnerships, and strong cash flow supporting balance sheet deleveraging. The company generated $102.8 million in operating cash flow during the quarter, reduced debt by $15 million, and lowered net leverage to 1.3 times adjusted EBITDA. Looking ahead, AZZ is expanding its geographic footprint with new facilities like a hot-dip galvanizing plant near Tulsa, Oklahoma. The company’s nationwide network of coating facilities, digital platforms, long-term contracts, and selective acquisitions are expected to drive sustainable earnings growth and shareholder returns.
Tickers: $AZZ
Topics: capacity expansion cash flow grid modernization infrastructure metal coatings
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