AZZ Incorporated (AZZ) — Financial Flexibility Index

Latest as of February 2026: 0.24x

AZZ Incorporated (AZZ) has a Financial Flexibility Index of 0.24x as of February 2026. Free cash flow of $214.42 Million (operating CF $72.57 Million minus capex $141.85 Million) represents 0% of total liabilities ($876.44 Million). Check AZZ Incorporated strategic asset allocation index to assess the company's strategic physical and investment asset allocation.

Financial Flexibility Index

0.24x
Free Cash Flow / Total Liabilities

Free Cash Flow

$214.42 Million
Operating CF − Capex

Total Liabilities

$876.44 Million
USD

Capital Expenditures

$141.85 Million
USD

AZZ Incorporated Financial Flexibility Index (1991–2026)

Historical Financial Flexibility Index trend for AZZ Incorporated across 36 annual periods. See how liquid is AZZ Incorporated's working capital to evaluate short-term liquidity relative to the company's equity base.

Annual Financial Flexibility Index for AZZ Incorporated (1991–2026)

Year-by-year free cash flow to debt coverage for AZZ Incorporated. For the full company profile including market capitalisation, see how much is AZZ Incorporated worth.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2026 0.69x $606.22 Million $525.45 Million $876.44 Million ▲ +123.4%
2025 0.31x $365.79 Million $249.91 Million $1.18 Billion ▲ +15.0%
2024 0.27x $339.59 Million $244.47 Million $1.26 Billion ▲ +148.0%
2023 0.11x $148.55 Million $91.43 Million $1.37 Billion ▼ -55.8%
2022 0.25x $114.42 Million $86.01 Million $465.66 Million ▼ -29.0%
2021 0.35x $129.11 Million $92.03 Million $373.15 Million ▼ -15.4%
2020 0.41x $179.80 Million $144.76 Million $439.46 Million ▲ +41.4%
2019 0.29x $140.28 Million $114.67 Million $484.84 Million ▲ +23.4%
2018 0.23x $108.52 Million $78.91 Million $463.01 Million ▼ -31.2%
2017 0.34x $152.61 Million $111.18 Million $448.20 Million ▼ -6.8%
2016 0.37x $183.45 Million $143.59 Million $502.15 Million ▲ +28.0%
2015 0.29x $147.53 Million $118.16 Million $516.86 Million ▲ +9.3%
2014 0.26x $150.75 Million $107.28 Million $577.34 Million ▼ -20.1%
2013 0.33x $117.66 Million $92.74 Million $360.27 Million ▲ +24.3%
2012 0.26x $83.85 Million $64.06 Million $319.17 Million ▲ +39.5%
2011 0.19x $58.50 Million $42.09 Million $310.51 Million ▼ -69.3%
2010 0.61x $94.67 Million $82.63 Million $154.09 Million ▲ +28.4%
2009 0.48x $80.20 Million $60.20 Million $167.60 Million ▼ -53.8%
2008 1.04x $48.85 Million $38.93 Million $47.16 Million ▲ +428.7%
2007 0.20x $17.59 Million $6.93 Million $89.76 Million ▼ -45.7%
2006 0.36x $19.40 Million $12.79 Million $53.76 Million ▲ +47.5%
2005 0.24x $13.04 Million $6.39 Million $53.32 Million ▼ -33.3%
2004 0.37x $18.61 Million $14.96 Million $50.73 Million ▼ -3.6%
2003 0.38x $26.89 Million $22.93 Million $70.63 Million ▲ +30.5%
2002 0.29x $26.92 Million $14.15 Million $92.29 Million ▼ -24.9%
2001 0.39x $17.47 Million $12.37 Million $44.99 Million ▲ +11.8%
2000 0.35x $17.99 Million $13.83 Million $51.78 Million ▼ -30.8%
1999 0.50x $15.80 Million $8.80 Million $31.50 Million ▲ +94.1%
1998 0.26x $6.10 Million $2.70 Million $23.60 Million ▼ -48.9%
1997 0.51x $8.80 Million $6.80 Million $17.40 Million ▼ -18.2%
1996 0.62x $12.00 Million $9.10 Million $19.40 Million ▲ +155.3%
1995 0.24x $4.70 Million $-200.00K $19.40 Million ▼ -29.3%
1994 0.34x $5.00 Million $3.80 Million $14.60 Million ▼ -14.4%
1993 0.40x $3.20 Million $2.10 Million $8.00 Million ▼ -26.0%
1992 0.54x $4.70 Million $3.30 Million $8.70 Million ▲ +22.1%
1991 0.44x $4.60 Million $3.00 Million $10.40 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities