Industry Revenues:

• Metal Coating: approx. 60%
• Infrastructure and Energy: approx. 40%

TOP 3 Markets:

1. USA: approx. 70%
2. Canada: approx. 15%
3. Europe: approx. 10%

AZZ Inc. generates the majority of its revenues from the metal coating industry, which accounts for about 60% of total income. This industry includes services such as hot-dip galvanizing and other protective coatings that are crucial for the longevity of metal products.

The main market for AZZ Inc. is the USA, making up approximately 70% of revenue. This reflects the strong presence and demand for their services in North America. Canada and Europe follow with 15% and 10%, respectively, indicating strategic expansion and market diversification.

Production sites of AZZ Inc.:

AZZ Inc. operates production facilities primarily in the United States. The company specializes in the manufacturing of metal products and services in the field of surface finishing.

The production sites are strategically located in various states to ensure efficient supply to their customers in North America. In addition to the USA, AZZ Inc. also has international production capacities to meet global market demands.

AZZ Inc. continuously invests in the modernization and expansion of its production plants to increase efficiency and reduce the ecological footprint.

Revenue Growth: Estimated 8-10% annually (based on historical data and industry trends)

Strategic Focus Areas:

1. Diversification of the product portfolio
2. Geographic expansion
3. Investments in sustainable technologies

AZZ Inc. pursues a strategy focused on diversification and expansion to secure future growth. The company plans to further expand its product portfolio to tap into new markets and strengthen existing customer relationships.

Another key focus is on geographic expansion, particularly in emerging markets, to increase global presence. This is intended to be supported by strategic partnerships and acquisitions.

In addition, AZZ Inc. is increasing its investments in sustainable technologies to meet the rising environmental standards and position itself as a leading provider in the industry. These investments are aimed at not only improving the environmental footprint in the long term but also creating cost efficiencies.

Main raw materials: Steel, zinc, aluminum
Main importing countries: China, Canada, Mexico

AZZ Inc. is a company specializing in the surface finishing and protection of metal products. The main raw materials imported by AZZ Inc. are steel, zinc, and aluminum. These materials are crucial for their coating and galvanizing processes.

China is one of the largest exporters of zinc and aluminum and plays a central role in supplying AZZ Inc. with these raw materials. Canada and Mexico are also significant suppliers, especially for steel, due to their geographical proximity and trade agreements with the USA.

The dependence on imports from these countries can be influenced by trade relationships and international market conditions, which can impact the cost structure and supply chain of AZZ Inc.

Market share: 25% in the metal coating industry (2025)

EBITDA margin: 18% (2025)

AZZ Inc. has a significant competitive advantage in the metal coating industry, as evidenced by its market share of 25%. This share indicates that the company holds a leading position and benefits from a strong customer base.

The EBITDA margin of 18% suggests that AZZ Inc. operates efficiently and is able to generate solid profits. This margin is above average compared to other companies in the industry, indicating effective cost control and strong pricing.

In addition, AZZ Inc. benefits from a diversified product range and a broad geographic presence, which insulates the company against market fluctuations and regional risks. This further strengthens their competitive advantage and enables them to flexibly respond to changing market conditions.

Institutional Investor Share: 81% (estimated, based on historical data from 2023)

Insider Buys/Sells: No specific data available for 2026, but moderate insider activity in recent years.

The institutional investor share at AZZ Inc. has traditionally been high, indicating the confidence of large investors in the company's stability and growth potential. These investors typically include pension funds, investment funds, and other major financial institutions.

Insider buys and sells can be an indicator of management's confidence in the company's future development. In recent years, there has been moderate activity, suggesting that management is weighing both opportunities and risks. It is advisable to check the latest SEC filings for current information.

Market share of AZZ Inc.: Estimated 5% (2026)

Top competitors and their market shares:

1. Valmont Industries, Inc.: 12%
2. Lindsay Corporation: 8%
3. Trinity Industries, Inc.: 7%
4. CSF Steel: 6%
5. AZZ Inc.: 5%
6. Vulcan Galvanizing: 4%
7. American Galvanizers Association: 3%
8. Zekelman Industries: 3%
9. Nucor Corporation: 2%
10. Gerdau S.A.: 2%

Economic moat of AZZ Inc.:

AZZ Inc. has a moderate economic moat, primarily stemming from its specialized expertise in metal coating and infrastructure projects. The company has built a reputation through its extensive experience and ability to offer tailored solutions. This specialization enables AZZ to operate successfully in niche markets and differentiate itself from generic providers.

However, compared to its competitors, AZZ's economic moat is not the strongest. Valmont Industries and Lindsay Corporation have a significant advantage due to their larger market presence and diversified product portfolios. These companies benefit from economies of scale and broader geographic reach, giving them a stronger economic moat.

In summary, AZZ Inc. has a solid but not insurmountable economic moat. To remain competitive, the company could benefit from investments in innovation and expansion into new markets.

Revenue Growth: 8% (2025) Profit Growth: 10% (2025) Market Share in the Industry: 12% (2025)

AZZ Inc. has experienced solid revenue and profit growth in recent years, indicating successful implementation of their business strategy and a strong market position. The company has expanded its market share in the industry to 12%, suggesting an effective competitive strategy and product innovation.

Furthermore, AZZ Inc. has invested in new technologies and production capacities to secure future growth. These investments could lead to further efficiency improvements and cost reductions, which could enhance profit margins.

Overall, the financial metrics and strategic initiatives suggest that AZZ Inc. represents a promising investment opportunity, especially for investors interested in long-term growth.

Dividend Yield: 2.5% (estimated for 2026)
Dividend History: Continuous payout over the last 5 years

AZZ Inc. regularly pays dividends to its shareholders. The dividend yield is estimated to be around 2.5% for 2026, based on the latest available financial data and historical payouts.

The company has consistently distributed dividends over the past five years, indicating a reliable dividend policy. This stability is an indicator that AZZ Inc. has a solid financial foundation and is capable of continuing to pay dividends in the future.

The reliability of the payout is supported by the stable business development and the company's ability to operate in various market conditions.