Azz (AZZ) Return on Invested Capital (2011 - 2023)
Azz's (AZZ) quarterly Return on Invested Capital came in at 0.08% in Q3 2023, up 4.0% year-on-year from 0.08% in Q3 2022, and up 73.51% on a QoQ basis from 0.05% in Q2 2023.
Azz (AZZ) Return on Invested Capital (2011 - 2023) Analysis & Trends
Azz (AZZ) has 12 years of Return on Invested Capital data on file, last reported at 0.08% in Q3 2023.
- On a quarterly basis, Return on Invested Capital rose 4.0% year-over-year to 0.08% in Q3 2023; TTM through Aug 2023 was 0.08%, a 4.0% increase from a year earlier, with the FY2018 full-year figure at 0.05%, changed 0.0% from the prior year.
- Return on Invested Capital for Q3 2023 stood at 0.08%, up from 0.05% in the prior quarter.
- Over the last five years, Return on Invested Capital for AZZ reached as high as 0.08% in Q3 2023 and fell as low as 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.
- Across the five-year window, Return on Invested Capital changed 0 bps in 2021 and advanced 4 bps in 2023, its largest moves.
- Year by year, Return on Invested Capital stood at 0.0% in 2020, then jumped by 403 bps to 0.0% in 2021, then soared by 824 bps to 0.04% in 2022, then surged by 136 bps to 0.08% in 2023.
- Per Business Quant data, the three most recent Return on Invested Capital figures were 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 | 81.31 Bn | 81.12 Bn | 1.45 Bn | 0.02% |
| 2 | Rentokil Initial | 73.75 Bn | 71.25 Bn | - | - |
| 3 | Relx | 60.28 Bn | 60.04 Bn | - | - |
| 4 | Thomson Reuters | 38.09 Bn | 37.23 Bn | - | 0.01% |
| 5 | Copart | 25.18 Bn | 21.85 Bn | 732.88 Mn | 5.09% |
| 6 | Global Payments | 21.29 Bn | 16.10 Bn | 1.70 Bn | 0.00% |
| 7 | Rb Global | 20.33 Bn | 20.14 Bn | 927.90 Mn | 0.02% |
| 8 | UL Solutions | 17.42 Bn | 17.18 Bn | 381.00 Mn | - |
| 9 | Aramark | 15.00 Bn | 14.59 Bn | 426.39 Mn | 0.02% |
| 10 | Azz | 4.59 Bn | 4.59 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% |