Azz (AZZ) Operating Leases (2019 - 2026)

Azz (AZZ) reported Operating Leases of $41.5 million for Q1 2026, up 201.94% year-over-year from $13.7 million in Q1 2025, and up 85.53% quarter-over-quarter from $22.4 million in Q4 2025.

Azz (AZZ) Operating Leases (2019 - 2026) Analysis & Trends

Azz (AZZ) has 8 years of Operating Leases data on file, last reported at $41.5 million in Q1 2026.

  • Operating Leases for Q1 2026 came in at $41.5 million, up 201.94% year-over-year; the trailing twelve-month figure through Feb 2026 was $41.5 million (up 201.94% YoY), and the FY2026 annual result was $41.5 million, up 201.94% from the prior year.
  • Operating Leases grew to $41.5 million in Q1 2026 per AZZ's latest filing, from $22.4 million in the prior quarter.
  • Over five years, Operating Leases peaked at $42.6 million in Q2 2022 and troughed at $11.4 million in Q1 2022.
  • A 5-year average of $20.9 million and a median of $19.7 million in 2022 frame the typical range for Operating Leases.
  • The sharpest annual moves came in 2022 and 2026: Operating Leases slumped 64.81% in 2022, then soared 201.94% in 2026.
  • A 5-year view of Operating Leases shows it stood at $19.7 million in 2022, then declined by 13.02% to $17.1 million in 2023, then rose by 12.52% to $19.3 million in 2024, then advanced by 16.14% to $22.4 million in 2025, then jumped by 85.53% to $41.5 million in 2026.
  • Business Quant data shows AZZ's Operating Leases at $41.5 million in Q1 2026, $22.4 million in Q4 2025, and $18.5 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Cintas 70.95 Bn 70.77 Bn 1.45 Bn
2 Copart 29.43 Bn 26.09 Bn 1.08 Bn
3 Rb Global 20.04 Bn 19.85 Bn 869.50 Mn
4 UL Solutions 19.54 Bn 19.30 Bn 381.00 Mn
5 Global Payments 18.52 Bn 13.33 Bn 1.70 Bn
6 Aramark 14.28 Bn 13.87 Bn 426.35 Mn
7 Relx 11.84 Bn 11.60 Bn -
8 Amentum Holdings 5.58 Bn 5.67 Bn 345.00 Mn
9 Dolby Laboratories 5.00 Bn 4.42 Bn 350.90 Mn
10 Azz 4.53 Bn 4.53 Bn 87.59 Mn

Historic Data

Download Data
DateValue
Feb 28, 2026 41.49 Mn
Nov 30, 2025 22.36 Mn
Aug 31, 2025 18.53 Mn
May 31, 2025 20.17 Mn
Feb 28, 2025 13.74 Mn
Nov 30, 2024 19.26 Mn
Aug 31, 2024 12.28 Mn
May 31, 2024 13.43 Mn
Feb 29, 2024 17.83 Mn
Nov 30, 2023 17.11 Mn
Aug 31, 2023 23.24 Mn
May 31, 2023 20.43 Mn
Feb 28, 2023 20.70 Mn
Nov 30, 2022 19.67 Mn
Aug 31, 2022 20.94 Mn
May 31, 2022 42.60 Mn
Feb 28, 2022 11.40 Mn
Nov 30, 2021 44.09 Mn
Aug 31, 2021 45.87 Mn
May 31, 2021 47.62 Mn