AZZ Incorporated Tangible Net Worth Ratio
AZZ Incorporated tangible net worth ratio. AZZ Incorporated (AZZ) has a Tangible Net Worth Ratio of 70.6% as of May 2026. This metric is calculated by deducting intangible assets ($403.95 Million) from net assets ($1.38 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore AZZ net assets growth trend to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of AZZ Incorporated (1986–2026)
Tangible net worth ratio of AZZ Incorporated from 1986 to 2026. This chart shows how AZZ Incorporated's Tangible Net Worth Ratio has changed across 41 annual periods from 1986 to 2026. As of May 2026, the ratio stands at 70.6%, reflecting net assets of $1.38 Billion with intangible assets of $403.95 Million USD. Check AZZ capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.
AZZ Incorporated Tangible Net Worth Ratio by Year (1986–2026)
AZZ Incorporated tangible net worth ratio by year from 1986 to 2026. The table below presents the year-by-year Tangible Net Worth Ratio for AZZ Incorporated from 1986 to 2026, covering 41 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see market value of AZZ Incorporated.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2026 | 69.4% | $1.34 Billion | $409.74 Million | $2.21 Billion | ▲ +9.7 pp |
| 2025 | 59.7% | $1.05 Billion | $421.85 Million | $2.23 Billion | ▲ +7.3 pp |
| 2024 | 52.3% | $934.49 Million | $445.44 Million | $2.20 Billion | ▲ +8.5 pp |
| 2023 | 43.8% | $853.46 Million | $479.43 Million | $2.22 Billion | ▼ -44.0 pp |
| 2022 | 87.8% | $667.37 Million | $81.56 Million | $1.13 Billion | ▲ +3.1 pp |
| 2021 | 84.7% | $623.29 Million | $95.36 Million | $996.44 Million | ▲ +1.5 pp |
| 2020 | 83.2% | $634.37 Million | $106.73 Million | $1.07 Billion | ▲ +4.7 pp |
| 2019 | 78.4% | $603.73 Million | $130.17 Million | $1.09 Billion | ▲ +6.9 pp |
| 2018 | 71.5% | $565.20 Million | $160.89 Million | $1.03 Billion | ▼ -0.9 pp |
| 2017 | 72.4% | $529.64 Million | $146.11 Million | $977.84 Million | ▲ +4.7 pp |
| 2016 | 67.8% | $481.22 Million | $155.18 Million | $983.37 Million | ▲ +6.5 pp |
| 2015 | 61.3% | $420.05 Million | $162.62 Million | $936.91 Million | ▲ +9.4 pp |
| 2014 | 51.9% | $375.91 Million | $180.88 Million | $953.25 Million | ▼ -16.6 pp |
| 2013 | 68.4% | $333.93 Million | $105.41 Million | $694.21 Million | ▼ -15.3 pp |
| 2012 | 83.7% | $287.61 Million | $46.83 Million | $606.77 Million | ▲ +0.8 pp |
| 2011 | 82.9% | $256.02 Million | $43.68 Million | $566.52 Million | ▼ -9.3 pp |
| 2010 | 92.2% | $227.87 Million | $17.72 Million | $381.96 Million | ▲ +36.7 pp |
| 2009 | 55.6% | $187.11 Million | $83.14 Million | $354.72 Million | ▼ -15.7 pp |
| 2008 | 71.3% | $146.16 Million | $41.95 Million | $193.32 Million | ▲ +9.2 pp |
| 2007 | 62.1% | $111.15 Million | $42.15 Million | $200.91 Million | ▲ +9.7 pp |
| 2006 | 52.4% | $87.27 Million | $41.56 Million | $141.03 Million | ▼ -46.6 pp |
| 2005 | 99.0% | $75.32 Million | $787.00K | $128.64 Million | ▲ +58.1 pp |
| 2004 | 40.9% | $69.30 Million | $40.96 Million | $120.03 Million | ▲ +5.5 pp |
| 2003 | 35.4% | $63.41 Million | $40.96 Million | $134.04 Million | ▲ +13.0 pp |
| 2002 | 22.4% | $54.75 Million | $42.46 Million | $147.04 Million | ▼ -33.5 pp |
| 2001 | 55.9% | $43.38 Million | $19.12 Million | $88.37 Million | ▲ +18.9 pp |
| 2000 | 37.0% | $33.02 Million | $20.79 Million | $84.80 Million | ▼ -29.5 pp |
| 1999 | 66.5% | $26.90 Million | $9.00 Million | $58.40 Million | ▼ -5.5 pp |
| 1998 | 72.0% | $34.30 Million | $9.60 Million | $57.90 Million | ▼ -3.9 pp |
| 1997 | 75.9% | $28.60 Million | $6.90 Million | $46.00 Million | ▲ +7.3 pp |
| 1996 | 68.5% | $23.20 Million | $7.30 Million | $42.60 Million | ▼ -9.0 pp |
| 1995 | 77.6% | $21.40 Million | $4.80 Million | $40.80 Million | ▲ +3.7 pp |
| 1994 | 73.8% | $19.50 Million | $5.10 Million | $34.10 Million | ▼ -20.5 pp |
| 1993 | 94.4% | $17.80 Million | $1.00 Million | $25.80 Million | ▲ +1.9 pp |
| 1992 | 92.5% | $17.30 Million | $1.30 Million | $26.00 Million | ▲ +1.5 pp |
| 1991 | 91.0% | $16.70 Million | $1.50 Million | $27.10 Million | ▼ -6.3 pp |
| 1990 | 97.4% | $15.10 Million | $400.00K | $18.70 Million | ▲ +0.9 pp |
| 1989 | 96.4% | $14.00 Million | $500.00K | $19.00 Million | ▲ +0.1 pp |
| 1988 | 96.3% | $13.50 Million | $500.00K | $18.70 Million | ▲ +0.3 pp |
| 1987 | 96.0% | $12.60 Million | $500.00K | $17.70 Million | ▼ -4.0 pp |
| 1986 | 100.0% | $17.00 Million | $0.00 | $23.60 Million | — |