AZZ Incorporated (AZZ) — Cash Flow Quality Index

Latest as of May 2026: 0.71x

AZZ Incorporated (AZZ) has a Cash Flow Quality Index of 0.71x as of May 2026. Operating cash flow of $37.15 Million is below net income of $52.01 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore AZZ Incorporated cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

0.71x
Operating CF / Net Income

Operating Cash Flow

$37.15 Million
USD

Net Income

$52.01 Million
USD

Data as of

May 2026
Most recent filing

AZZ Incorporated Cash Flow Quality Index (1991–2026)

Historical Cash Flow Quality Index for AZZ Incorporated across 36 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see AZZ Incorporated (AZZ) cash flow conversion.

Annual Cash Flow Quality Index for AZZ Incorporated (1991–2026)

Year-by-year earnings quality comparison for AZZ Incorporated.

Year Quality Index Operating CF (USD) Net Income YoY Change
2026 1.66x $525.45 Million $317.26 Million ▼ -65.3%
2025 4.77x $249.91 Million $52.44 Million ▲ +70.0%
2024 2.80x $244.47 Million $87.21 Million ▲ +78.1%
2023 1.57x $91.43 Million $58.10 Million ▲ +53.7%
2022 1.02x $86.01 Million $84.02 Million ▼ -55.9%
2021 2.32x $92.03 Million $39.61 Million ▼ -22.6%
2020 3.00x $144.76 Million $48.23 Million ▲ +34.0%
2019 2.24x $114.67 Million $51.21 Million ▲ +28.2%
2018 1.75x $78.91 Million $45.17 Million ▼ -4.3%
2017 1.82x $111.18 Million $60.92 Million ▼ -2.4%
2016 1.87x $143.59 Million $76.79 Million ▲ +2.8%
2015 1.82x $118.16 Million $64.94 Million ▲ +1.1%
2014 1.80x $107.28 Million $59.60 Million ▲ +17.3%
2013 1.53x $92.74 Million $60.46 Million ▼ -2.5%
2012 1.57x $64.06 Million $40.74 Million ▲ +30.7%
2011 1.20x $42.09 Million $34.96 Million ▼ -45.0%
2010 2.19x $82.63 Million $37.73 Million ▲ +53.6%
2009 1.43x $60.20 Million $42.21 Million ▲ +1.4%
2008 1.41x $38.93 Million $27.69 Million ▲ +338.4%
2007 0.32x $6.93 Million $21.60 Million ▼ -80.4%
2006 1.63x $12.79 Million $7.83 Million ▲ +23.0%
2005 1.33x $6.39 Million $4.81 Million ▼ -62.1%
2004 3.51x $14.96 Million $4.26 Million ▲ +31.9%
2003 2.66x $22.93 Million $8.62 Million ▲ +46.8%
2002 1.81x $14.15 Million $7.80 Million ▲ +19.8%
2001 1.51x $12.37 Million $8.17 Million ▼ -27.8%
2000 2.10x $13.83 Million $6.59 Million ▲ +16.8%
1999 1.80x $8.80 Million $4.90 Million ▲ +378.9%
1998 0.38x $2.70 Million $7.20 Million ▼ -76.3%
1997 1.58x $6.80 Million $4.30 Million ▼ -54.8%
1996 3.50x $9.10 Million $2.60 Million ▲ +2900.0%
1995 -0.13x $-200.00K $1.60 Million ▼ -107.2%
1994 1.73x $3.80 Million $2.20 Million ▼ -9.5%
1993 1.91x $2.10 Million $1.10 Million ▼ -30.6%
1992 2.75x $3.30 Million $1.20 Million ▲ +37.5%
1991 2.00x $3.00 Million $1.50 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.