AZZ Incorporated (AZZ) — Capital Reinvestment Ratio
AZZ Incorporated (AZZ) has a Capital Reinvestment Ratio of 0.50x as of May 2026, meaning it reinvests 1% of its operating cash flow ($37.15 Million) in capital expenditures ($18.75 Million). Check AZZ goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
AZZ Incorporated Capital Reinvestment Ratio (1991–2026)
This chart tracks AZZ Incorporated's Capital Reinvestment Ratio across 35 annual periods. For the full cash flow conversion analysis, see AZZ Incorporated operating cash flow efficiency.
Annual Capital Reinvestment Ratio for AZZ Incorporated (1991–2026)
Year-by-year Capital Reinvestment Ratio for AZZ Incorporated from 1991 to 2026. See AZZ Incorporated (AZZ) FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
| 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 | — |