Azz (AZZ) Operating Leases (2019 - 2026)
Azz (AZZ) posted quarterly Operating Leases of $41.2 million for Q2 2026, up 126.15% year-over-year from $18.2 million in Q2 2025, and down 20.75% quarter-over-quarter from $52.0 million in Q1 2026.
Azz (AZZ) Operating Leases (2019 - 2026) Analysis & Trends
Azz (AZZ) has reported Operating Leases for 8 consecutive years, with $41.2 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Operating Leases rose 126.15% year-over-year to $41.2 million; the TTM figure through May 2026 stood at $41.2 million (up 126.15% YoY), while the FY2026 annual figure was $52.0 million, up 278.2% from the prior year.
- Operating Leases fell to $41.2 million in Q2 2026 per AZZ's latest filing, from $52.0 million in the prior quarter.
- Across five years, Operating Leases topped out at $52.0 million in Q1 2026 and bottomed at $10.8 million in Q1 2022.
- Historically, Operating Leases has averaged $21.9 million across 5 years, with a median of $18.8 million in 2023.
- Annual changes were most pronounced in 2022 — Operating Leases tumbled 66.68% — and 2026, when it surged 278.2%.
- Azz's Operating Leases stood at $19.7 million in 2022, then increased by 10.46% to $21.7 million in 2023, then fell by 11.39% to $19.3 million in 2024, then plunged by 39.99% to $11.6 million in 2025, then soared by 256.43% to $41.2 million in 2026.
- Business Quant data shows AZZ's Operating Leases at $41.2 million in Q2 2026, $52.0 million in Q1 2026, and $11.6 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Cintas | 81.76 Bn | 81.47 Bn | 1.48 Bn |
| 2 | Relx | 65.84 Bn | 65.66 Bn | - |
| 3 | Copart | 31.79 Bn | 28.44 Bn | 732.88 Mn |
| 4 | Global Payments | 25.32 Bn | 19.91 Bn | 2.03 Bn |
| 5 | Rb Global | 16.10 Bn | 15.58 Bn | 935.50 Mn |
| 6 | Aramark | 15.68 Bn | 15.19 Bn | 430.34 Mn |
| 7 | UL Solutions | 15.14 Bn | 14.71 Bn | 417.00 Mn |
| 8 | Rentokil Initial | 11.93 Bn | 9.40 Bn | - |
| 9 | Dolby Laboratories | 6.10 Bn | 5.43 Bn | 264.68 Mn |
| 10 | Azz | 4.23 Bn | 4.23 Bn | 112.17 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2026 | 41.19 Mn |
| Feb 28, 2026 | 51.97 Mn |
| Nov 30, 2025 | 11.56 Mn |
| Aug 31, 2025 | 12.11 Mn |
| May 31, 2025 | 18.21 Mn |
| Feb 28, 2025 | 13.74 Mn |
| Nov 30, 2024 | 19.26 Mn |
| Aug 31, 2024 | 17.86 Mn |
| May 31, 2024 | 16.80 Mn |
| Feb 29, 2024 | 17.83 Mn |
| Nov 30, 2023 | 21.73 Mn |
| Aug 31, 2023 | 18.43 Mn |
| May 31, 2023 | 19.46 Mn |
| Feb 28, 2023 | 19.66 Mn |
| Nov 30, 2022 | 19.67 Mn |
| Aug 31, 2022 | 20.94 Mn |
| May 31, 2022 | 42.60 Mn |
| Feb 28, 2022 | 10.80 Mn |
| Nov 30, 2021 | 44.09 Mn |
| Aug 31, 2021 | 45.87 Mn |