Azz (AZZ) Return on Invested Capital (2011 - 2023)
Azz (AZZ) posted quarterly Return on Invested Capital of 0.08% for Q3 2023, up 4.0% year-over-year from 0.08% in Q3 2022, and up 73.51% quarter-over-quarter from 0.05% in Q2 2023.
Azz (AZZ) Return on Invested Capital (2011 - 2023) Analysis & Trends
Azz (AZZ) has reported Return on Invested Capital for 12 consecutive years, with 0.08% the latest figure, recorded in Q3 2023.
- In Q3 2023, Return on Invested Capital rose 4.0% year-over-year to 0.08%; the TTM figure through Aug 2023 stood at 0.08% (up 4.0% YoY), while the FY2018 annual figure was 0.05%, changed 0.0% from the prior year.
- Return on Invested Capital advanced to 0.08% in Q3 2023 per AZZ's latest filing, from 0.05% in the prior quarter.
- Across five years, Return on Invested Capital topped out at 0.08% in Q3 2023 and bottomed at 0.0% in Q4 2020.
- Historically, Return on Invested Capital has averaged 0.03% across 4 years, with a median of 0.02% in 2021.
- Annual changes were most pronounced in 2021 — Return on Invested Capital changed 0 bps — and 2023, when it grew 4 bps.
- Azz's Return on Invested Capital stood at 0.0% in 2020, then surged by 403 bps to 0.0% in 2021, then jumped by 824 bps to 0.04% in 2022, then soared by 136 bps to 0.08% in 2023.
- Business Quant data shows AZZ's Return on Invested Capital at 0.08% in Q3 2023, 0.05% in Q2 2023, and 0.03% in Q1 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Cintas | 81.84 Bn | 81.56 Bn | 1.48 Bn | 0.02% |
| 2 | Relx | 65.92 Bn | 65.74 Bn | - | - |
| 3 | Copart | 31.68 Bn | 28.33 Bn | 732.88 Mn | 5.09% |
| 4 | Global Payments | 25.34 Bn | 19.93 Bn | 2.03 Bn | 0.00% |
| 5 | Rb Global | 16.15 Bn | 15.62 Bn | 935.50 Mn | 0.01% |
| 6 | Aramark | 15.72 Bn | 15.22 Bn | 430.34 Mn | 0.05% |
| 7 | UL Solutions | 15.16 Bn | 14.72 Bn | 417.00 Mn | - |
| 8 | Rentokil Initial | 11.92 Bn | 9.40 Bn | - | - |
| 9 | Dolby Laboratories | 6.14 Bn | 5.47 Bn | 264.68 Mn | - |
| 10 | Azz | 4.23 Bn | 4.22 Bn | 112.17 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Aug 31, 2023 | 0.08% |
| May 31, 2023 | 0.05% |
| Feb 28, 2023 | 0.03% |
| Nov 30, 2022 | 0.04% |
| Aug 31, 2022 | 0.05% |
| May 31, 2021 | 0.00% |
| Feb 28, 2021 | 0.00% |
| Nov 30, 2020 | 0.00% |
| Aug 31, 2020 | 0.00% |
| May 31, 2020 | 0.00% |
| Nov 30, 2018 | 0.04% |
| Aug 31, 2018 | 0.02% |
| May 31, 2018 | 0.01% |
| Feb 28, 2018 | 0.01% |
| Nov 30, 2017 | 0.01% |
| Aug 31, 2017 | 0.01% |
| May 31, 2017 | 0.01% |
| Feb 28, 2017 | 0.01% |
| Nov 30, 2016 | 0.01% |
| Aug 31, 2016 | 0.01% |