AZZ vs IIIN vs MEC Stock Comparison

Azz, Insteel Industries and Mayville Engineering Company Prices as of Oct 27, 2026 Peers: Industry group
AZZ Azz Inc
$137.17 +0.1% 1M +38.9% 1Y
Market cap
$4.08B
P/E
24.4x
Revenue (TTM)
$1.75B
Div. yield
–
Metal Fabrication Industrials
7 wins
IIIN Insteel Industries Inc
$28.36 -3.8% 1M -7.4% 1Y
Market cap
$536.78M
P/E
18.2x
Revenue (TTM)
$739.51M
Div. yield
–
Metal Fabrication Industrials
4 wins

Head to Head

11 decided of 12

Azz leads on 7 of the 12 questions below (Azz 7, Insteel Industries 4). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionAZZIIINMECLeader
Larger companyMarket capitalisation $4.08B $536.78M $315.11M AZZ
Cheaper on earningsLower P/E, profitable companies only 24.4x 18.2x -18.2x IIIN
Cheaper on forward earningsLower price / next fiscal year consensus EPS 18.6x 13.8x 57.5x IIIN
Faster revenue growthRevenue growth, trailing twelve months +9.5% +14.2% +11.8% IIIN
More profitableNet margin, trailing twelve months 9.6% — -3.0% AZZ
Better return on capitalReturn on invested capital 11.4% — -1.8% AZZ
Less leveragedLower net debt / EBITDA 1.2x — 3.9x AZZ
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +38.9% -7.4% -16.4% AZZ
Better 5-year returnAnnualised price return, 5 years +20.9%/yr -6.9%/yr -5.1%/yr AZZ
Less volatileAnnualised volatility, 1 year 32.1% 41.4% 54.8% AZZ
Higher overall scoreMean of the five percentile scores vs peers 57/100 68/100 28/100 IIIN

Percentile Scorecard

AZZIIINMEC

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisAZZIIINMEC
Valuation 73 #55 of 203 84 #34 of 203 48 #107 of 203
Growth 62 #72 of 188 32 #129 of 188 11 #168 of 188
Profitability 72 #52 of 183 63 #68 of 183 23 #141 of 183
Financial Health 56 #97 of 217 – 31 #150 of 217
Shareholder Returns 24 #117 of 153 95 #9 of 153 –
Overall 57 68 28
  • AZZ ranked among 222 companies in Machinery
  • IIIN ranked among 222 companies in Machinery
  • MEC ranked among 222 companies in Machinery

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodAZZIIINMECSPY
1 month +0.1%-3.8%-19.7% -0.2%
3 months -6.3%-13.0%-50.3% +3.9%
6 months -3.1%+12.1%-37.0% +8.2%
Year to date +28.0%-10.5%-26.3% +12.9%
1 year +38.9%-7.4%-16.4% +12.3%
3 years +195.2%+5.1%+28.6% +87.4%
3 years, per year +43.5%+1.7%+8.8% +23.3%
5 years +158.7%-29.9%-23.2% +67.9%
5 years, per year +20.9%-6.9%-5.1% +10.9%
10 years +158.1%+8.6%— +261.1%
10 years, per year +9.9%+0.8%— +13.7%

Risk

MeasureAZZIIINMECSPY
Volatility, 1Y 32.1%41.4%54.8% 12.7%
Downside volatility, 1Y 30.2%51.3%53.1% 12.7%
Beta vs S&P 500, 1Y 1.180.981.57 1.00
Return / volatility, 1Y 1.21-0.18-0.30 0.97
Max drawdown, 5Y -46.8%-49.9%-66.7% -25.4%
From 52-week high -14.4%-25.6%-63.2% -1.2%
52-week high $160.17$38.11$37.54 $779.14
52-week low $97.64$24.48$12.73 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleAZZIIINMEC
P/E now vs peer median 24.6xmedian 25.2x 18.7xmedian 25.2x -18.2xmedian 25.2x
P/S now vs peer median 2.4xmedian 1.9x 0.7xmedian 1.9x 0.6xmedian 1.9x
EV/EBITDA now vs peer median 12.0xmedian 14.0x —median 14.0x 15.1xmedian 14.0x
P/FCF now vs peer median 19.1xmedian 21.7x -58.5xmedian 21.7x -77.0xmedian 21.7x
P/B now vs peer median 2.9xmedian 2.3x 1.4xmedian 2.3x 1.1xmedian 2.3x
PEG now vs peer median 0.28median 1.32 -6.39median 1.32 0.38median 1.32

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsAZZIIINMEC
Revenue $1.75B $739.51M $586.34M
Gross profit $423.83M $75.68M $53.52M
Operating income $287.42M – -$12.80M
Net income $167.46M $29.55M -$17.30M
Free cash flow $214.45M – -$4.57M
EPS (diluted) $5.56 $1.52 $-0.76
Cash & equivalents $1.95M $37.48M $2.20M
Total debt $468.47M – $752.49M
Shares (diluted) 30.12M 19.49M 22.77M
Enterprise value $4.07B $536.78M $308.12M

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricAZZIIINMEC
P/E 24.6x 18.7x -18.2x
P/FCF 19.1x -58.5x -77.0x
P/Operating cash flow 14.0x 15.1x 25.3x
P/S 2.4x 0.7x 0.6x
P/B 2.9x 1.4x 1.1x
P/Tangible book 4.1x 1.5x 1.6x
EV/EBITDA 12.0x – 15.1x
EV/EBIT 15.9x – -37.1x
EV/Revenue 2.6x 0.7x 0.8x
EV/FCF 21.3x – -104.0x
EV/Operating cash flow 15.6x 15.1x 34.1x
PEG (3Y EPS CAGR) 0.28 -6.39 0.38

Growth

14 metrics
MetricAZZIIINMEC
Revenue growth (1Y) 9.5% 14.2% 11.8%
Revenue CAGR (3Y) 5.2% 4.4% 2.4%
Gross profit growth (1Y) 11.0% -19.0% -5.8%
Gross profit CAGR (3Y) 8.9% 5.0% -4.2%
Operating income growth (1Y) 21.3% – -142.1%
Operating income CAGR (3Y) 11.4% – -37.8%
Net income growth (1Y) -46.7% -28.0% -196.8%
Net income CAGR (3Y) 99.0% -3.0% -49.1%
EPS growth (1Y) -46.5% -27.7% -188.0%
EPS CAGR (3Y) 87.1% -2.9% -47.4%
Operating cash flow growth (1Y) -42.0% 33.5% -82.4%
Operating cash flow CAGR (3Y) 20.3% -36.6% -23.3%
Free cash flow growth (1Y) -47.3% – -106.7%
Free cash flow CAGR (3Y) 35.3% – 16.0%

Profitability

14 metrics
MetricAZZIIINMEC
Gross margin 24.3% – 9.1%
EBITDA margin 21.8% – 5.4%
Operating margin 16.5% – -2.2%
Pretax margin 12.9% – -4.7%
Net margin 9.6% – -3.0%
FCF margin 12.3% – -0.8%
Operating cash flow margin 16.7% 4.9% 2.4%
Return on equity 12.0% 7.9% -6.2%
Return on assets 7.3% 6.2% -3.0%
Return on invested capital 11.4% – -1.8%
Return on capital employed 14.1% – -2.6%
Asset turnover 0.8x 1.5x 1.0x
Cash conversion (OCF / net income) 1.7x 1.2x -0.8x
Stock comp / revenue 0.8% 0.5% 0.6%

Financial Health

11 metrics
MetricAZZIIINMEC
Debt / assets 20.0% – 21.4%
Debt / equity 0.3x – 0.4x
Net debt / EBITDA 1.2x – 3.9x
Debt / FCF 2.2x – -27.5x
Liabilities / assets 39.5% – 44.7%
Equity / assets 60.5% 79.0% 55.3%
Interest coverage 6.3x – -0.9x
Current ratio 1.8x 3.7x 1.7x
Quick ratio 0.8x – 0.9x
Cash ratio 0.0x – 0.0x
Altman Z-score 4.51 – 1.96

Shareholder Returns

7 metrics
MetricAZZIIINMEC
Dividend yield 0.6% 3.9% –
Net buyback yield – – –
Shareholder yield 0.6% 3.9% –
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusAZZIIINMEC
Forward P/E 18.6xFY2026 13.8xFY2027 57.5xFY2026
EPS, next fiscal year $7.37FY2026 $2.05FY2027 $0.24FY2026
EPS growth, next FY +19.1%FY2026 +35.8%FY2027 -22.6%FY2026
EPS growth, the year after +12.1% +7.8% +354.2%
Revenue, next fiscal year $1.97BFY2026 $759.46MFY2027 $666.72MFY2026
Revenue growth, next FY +19.4%FY2026 +2.7%FY2027 +22.0%FY2026
Revenue growth, the year after -8.1% +4.4% +4.5%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersAZZIIINMEC
Held by institutions 94.6% 82.1% 83.1%
Institutions holding 364 187 156
Change in shares held, QoQ +1.1% +0.9% +47.1%
Institutions buying 196 122 98
Institutions selling 119 48 40
Buyers to sellers 1.65 2.54 2.45

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

AZZIIINMEC
AZZ 1.00 0.37 0.40
IIIN 0.37 1.00 0.25
MEC 0.40 0.25 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, AZZ, IIIN and MEC?

Azz (AZZ) is the largest by market capitalisation: Azz (AZZ) $4.08B, Insteel Industries (IIIN) $536.78M, Mayville Engineering Company (MEC) $315.11M.

Which stock is cheaper, AZZ, IIIN and MEC?

Insteel Industries (IIIN) trades on the lowest price-to-earnings ratio (Azz (AZZ) 24.4x, Insteel Industries (IIIN) 18.2x, Mayville Engineering Company (MEC) -18.2x). On next year's consensus earnings, Insteel Industries (IIIN) is cheapest (Azz (AZZ) 18.6x, Insteel Industries (IIIN) 13.8x, Mayville Engineering Company (MEC) 57.5x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Insteel Industries (IIIN) grew revenue fastest over the trailing twelve months: Azz (AZZ) +9.5%, Insteel Industries (IIIN) +14.2%, Mayville Engineering Company (MEC) +11.8%.

Which company is more profitable?

Azz (AZZ) has the highest net margin (Azz (AZZ) 9.6%, Mayville Engineering Company (MEC) -3.0%). On return on invested capital, Azz (AZZ) leads (Azz (AZZ) 11.4%, Mayville Engineering Company (MEC) -1.8%).

Which stock has performed better?

Over the past year Azz (AZZ) returned the most: Azz (AZZ) +38.9%, Insteel Industries (IIIN) -7.4%, Mayville Engineering Company (MEC) -16.4%. Over five years, Azz (AZZ) compounded fastest (Azz (AZZ) +20.9%/yr, Insteel Industries (IIIN) -6.9%/yr, Mayville Engineering Company (MEC) -5.1%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Azz (AZZ) has been the steadiest (Azz (AZZ) 32.1%, Insteel Industries (IIIN) 41.4%, Mayville Engineering Company (MEC) 54.8%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, AZZ, IIIN and MEC?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Azz (AZZ) leads on 7. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.