AZZ Incorporated Working Capital to Net Assets Ratio
AZZ Incorporated working capital to net assets ratio. AZZ Incorporated (AZZ) has a Working Capital to Net Assets ratio of 15.3% as of May 2026. Working capital of $211.21 Million (current assets of $440.05 Million minus current liabilities of $228.85 Million) is measured against net assets of $1.38 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of AZZ Incorporated (1986–2026)
Working capital to net assets ratio of AZZ Incorporated from 1986 to 2026. This chart shows how AZZ Incorporated's Working Capital to Net Assets ratio has evolved across 41 annual periods from 1986 to 2026. As of May 2026, the ratio stands at 15.3%, reflecting working capital of $211.21 Million against net assets of $1.38 Billion USD. Explore AZZ long-term investments to assets to see how much of total assets are deployed in long-term investments.
AZZ Incorporated Working Capital to Net Assets Ratio by Year (1986–2026)
AZZ Incorporated working capital to net assets ratio by year from 1986 to 2026. The table below presents the year-by-year Working Capital to Net Assets ratio for AZZ Incorporated from 1986 to 2026, covering 41 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see AZZ Incorporated balance sheet assets.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | 12.2% | $163.09 Million | $1.34 Billion | $395.37 Million | $232.27 Million | ▼ -2.6 pp |
| 2025 | 14.8% | $154.45 Million | $1.05 Billion | $375.44 Million | $220.99 Million | ▼ -3.7 pp |
| 2024 | 18.5% | $172.69 Million | $934.49 Million | $367.00 Million | $194.31 Million | ▼ -8.5 pp |
| 2023 | 27.0% | $230.18 Million | $853.46 Million | $417.42 Million | $187.24 Million | ▼ -8.4 pp |
| 2022 | 35.4% | $236.00 Million | $667.37 Million | $386.53 Million | $150.53 Million | ▲ +4.9 pp |
| 2021 | 30.4% | $189.64 Million | $623.29 Million | $303.49 Million | $113.85 Million | ▲ +18.8 pp |
| 2020 | 11.7% | $73.95 Million | $634.37 Million | $354.56 Million | $280.61 Million | ▼ -23.8 pp |
| 2019 | 35.4% | $213.77 Million | $603.73 Million | $378.55 Million | $164.77 Million | ▲ +0.5 pp |
| 2018 | 34.9% | $197.41 Million | $565.20 Million | $329.15 Million | $131.74 Million | ▲ +5.7 pp |
| 2017 | 29.2% | $154.69 Million | $529.64 Million | $296.54 Million | $141.85 Million | ▼ -4.2 pp |
| 2016 | 33.4% | $160.93 Million | $481.22 Million | $309.33 Million | $148.41 Million | ▼ -2.1 pp |
| 2015 | 35.6% | $149.49 Million | $420.05 Million | $298.63 Million | $149.14 Million | ▼ -4.9 pp |
| 2014 | 40.5% | $152.16 Million | $375.91 Million | $296.18 Million | $144.02 Million | ▼ -2.5 pp |
| 2013 | 43.0% | $143.53 Million | $333.93 Million | $262.43 Million | $118.90 Million | ▼ -35.2 pp |
| 2012 | 78.1% | $224.76 Million | $287.61 Million | $302.74 Million | $77.98 Million | ▼ -10.1 pp |
| 2011 | 88.2% | $225.83 Million | $256.02 Million | $284.02 Million | $58.19 Million | ▲ +16.3 pp |
| 2010 | 71.9% | $163.82 Million | $227.87 Million | $207.45 Million | $43.63 Million | ▲ +5.8 pp |
| 2009 | 66.1% | $123.65 Million | $187.11 Million | $182.02 Million | $58.37 Million | ▲ +24.8 pp |
| 2008 | 41.3% | $60.30 Million | $146.16 Million | $102.99 Million | $42.70 Million | ▼ -14.8 pp |
| 2007 | 56.0% | $62.25 Million | $111.15 Million | $111.97 Million | $49.71 Million | ▲ +24.0 pp |
| 2006 | 32.0% | $27.92 Million | $87.27 Million | $63.45 Million | $35.53 Million | ▼ -1.0 pp |
| 2005 | 33.0% | $24.84 Million | $75.32 Million | $51.16 Million | $26.32 Million | ▲ +3.8 pp |
| 2004 | 29.2% | $20.21 Million | $69.30 Million | $43.71 Million | $23.50 Million | ▼ -8.2 pp |
| 2003 | 37.4% | $23.71 Million | $63.41 Million | $55.06 Million | $31.35 Million | ▼ -11.5 pp |
| 2002 | 48.9% | $26.76 Million | $54.75 Million | $64.83 Million | $38.07 Million | ▲ +5.7 pp |
| 2001 | 43.2% | $18.73 Million | $43.38 Million | $40.04 Million | $21.31 Million | ▼ -2.6 pp |
| 2000 | 45.8% | $15.13 Million | $33.02 Million | $34.96 Million | $19.83 Million | ▼ -9.9 pp |
| 1999 | 55.8% | $15.00 Million | $26.90 Million | $25.80 Million | $10.80 Million | ▲ +7.1 pp |
| 1998 | 48.7% | $16.70 Million | $34.30 Million | $28.40 Million | $11.70 Million | ▲ +6.0 pp |
| 1997 | 42.7% | $12.20 Million | $28.60 Million | $21.60 Million | $9.40 Million | ▲ +8.6 pp |
| 1996 | 34.1% | $7.90 Million | $23.20 Million | $16.80 Million | $8.90 Million | ▼ -13.1 pp |
| 1995 | 47.2% | $10.10 Million | $21.40 Million | $18.40 Million | $8.30 Million | ▲ +9.2 pp |
| 1994 | 37.9% | $7.40 Million | $19.50 Million | $14.30 Million | $6.90 Million | ▲ +5.4 pp |
| 1993 | 32.6% | $5.80 Million | $17.80 Million | $11.30 Million | $5.50 Million | ▲ +4.8 pp |
| 1992 | 27.7% | $4.80 Million | $17.30 Million | $9.90 Million | $5.10 Million | ▼ -4.0 pp |
| 1991 | 31.7% | $5.30 Million | $16.70 Million | $10.90 Million | $5.60 Million | ▲ +4.6 pp |
| 1990 | 27.2% | $4.10 Million | $15.10 Million | $6.90 Million | $2.80 Million | ▲ +3.6 pp |
| 1989 | 23.6% | $3.30 Million | $14.00 Million | $6.80 Million | $3.50 Million | ▼ -7.5 pp |
| 1988 | 31.1% | $4.20 Million | $13.50 Million | $7.20 Million | $3.00 Million | ▲ +0.2 pp |
| 1987 | 31.0% | $3.90 Million | $12.60 Million | $5.90 Million | $2.00 Million | ▼ -11.4 pp |
| 1986 | 42.4% | $7.20 Million | $17.00 Million | $10.20 Million | $3.00 Million | — |