AZZ Incorporated Capital Reinvestment Ratio
AZZ Incorporated 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). See AZZ Incorporated free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Capital Reinvestment Ratio of AZZ Incorporated (1991–2026)
Capital reinvestment ratio of AZZ Incorporated from 1991 to 2026. This chart tracks AZZ Incorporated's Capital Reinvestment Ratio across 35 annual periods. See AZZ Incorporated leverage flexibility ratio to measure the company's free cash flow as a share of total liabilities.
AZZ Incorporated Capital Reinvestment Ratio by Year (1991–2026)
AZZ Incorporated capital reinvestment ratio by year from 1991 to 2026. For the full cash flow conversion analysis, see cash flow conversion 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 | — |