AZZ Incorporated (AZZ) — Capital Reinvestment Ratio
Latest as of February 2026:
1.95x
AZZ Incorporated (AZZ) has a Capital Reinvestment Ratio of 1.95x as of February 2026, meaning it reinvests 2% of its operating cash flow ($72.57 Million) in capital expenditures ($141.85 Million). See AZZ Incorporated free cash flow ratio to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
1.95x
Capex / Operating Cash Flow
Operating Cash Flow
$72.57 Million
USD
Capital Expenditures
$141.85 Million
USD
Data as of
Feb 2026
Most recent filing
AZZ Incorporated Capital Reinvestment Ratio (1991–2026)
This chart tracks AZZ Incorporated's Capital Reinvestment Ratio across 35 annual periods.
Annual Capital Reinvestment Ratio for AZZ Incorporated (1991–2026)
Year-by-year Capital Reinvestment Ratio for AZZ Incorporated from 1991 to 2026. For live market cap and broader valuation context, see market cap of AZZ Incorporated.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2026 | 0.15x | $525.45 Million | $80.78 Million | ▼ -66.8% |
| 2025 | 0.46x | $249.91 Million | $115.88 Million | ▲ +19.2% |
| 2024 | 0.39x | $244.47 Million | $95.12 Million | ▼ -37.7% |
| 2023 | 0.62x | $91.43 Million | $57.12 Million | ▲ +89.2% |
| 2022 | 0.33x | $86.01 Million | $28.41 Million | ▼ -18.0% |
| 2021 | 0.40x | $92.03 Million | $37.08 Million | ▲ +66.4% |
| 2020 | 0.24x | $144.76 Million | $35.04 Million | ▲ +8.4% |
| 2019 | 0.22x | $114.67 Million | $25.62 Million | ▼ -40.5% |
| 2018 | 0.38x | $78.91 Million | $29.61 Million | ▲ +0.7% |
| 2017 | 0.37x | $111.18 Million | $41.43 Million | ▲ +34.3% |
| 2016 | 0.28x | $143.59 Million | $39.86 Million | ▲ +11.7% |
| 2015 | 0.25x | $118.16 Million | $29.38 Million | ▼ -38.6% |
| 2014 | 0.41x | $107.28 Million | $43.47 Million | ▲ +50.8% |
| 2013 | 0.27x | $92.74 Million | $24.92 Million | ▼ -13.0% |
| 2012 | 0.31x | $64.06 Million | $19.78 Million | ▼ -20.8% |
| 2011 | 0.39x | $42.09 Million | $16.41 Million | ▲ +167.7% |
| 2010 | 0.15x | $82.63 Million | $12.04 Million | ▼ -56.2% |
| 2009 | 0.33x | $60.20 Million | $20.01 Million | ▲ +30.3% |
| 2008 | 0.26x | $38.93 Million | $9.93 Million | ▼ -83.4% |
| 2007 | 1.54x | $6.93 Million | $10.66 Million | ▲ +198.2% |
| 2006 | 0.52x | $12.79 Million | $6.60 Million | ▼ -50.4% |
| 2005 | 1.04x | $6.39 Million | $6.65 Million | ▲ +326.9% |
| 2004 | 0.24x | $14.96 Million | $3.64 Million | ▲ +41.1% |
| 2003 | 0.17x | $22.93 Million | $3.96 Million | ▼ -80.9% |
| 2002 | 0.90x | $14.15 Million | $12.77 Million | ▲ +119.0% |
| 2001 | 0.41x | $12.37 Million | $5.10 Million | ▲ +37.3% |
| 2000 | 0.30x | $13.83 Million | $4.15 Million | ▼ -62.3% |
| 1999 | 0.80x | $8.80 Million | $7.00 Million | ▼ -36.8% |
| 1998 | 1.26x | $2.70 Million | $3.40 Million | ▲ +328.1% |
| 1997 | 0.29x | $6.80 Million | $2.00 Million | ▼ -7.7% |
| 1996 | 0.32x | $9.10 Million | $2.90 Million | ▲ +0.9% |
| 1994 | 0.32x | $3.80 Million | $1.20 Million | ▼ -39.7% |
| 1993 | 0.52x | $2.10 Million | $1.10 Million | ▲ +23.5% |
| 1992 | 0.42x | $3.30 Million | $1.40 Million | ▼ -20.5% |
| 1991 | 0.53x | $3.00 Million | $1.60 Million | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow