AZZ vs Generac
Generac reported revenue of $4.2 billion in fiscal 2025, 2.6 times AZZ's $1.7 billion in fiscal 2026. AZZ's revenue grew 4.6% in its latest year, and Generac's fell 2.0%. AZZ had an operating margin of 16.0%, against 6.9% at Generac. Free cash flow was $445 million at AZZ and $268 million at Generac. Their fiscal years end in different months (February 28 and December 31), so the periods don't line up exactly.
Side by side
| AZZ | Generac | |
|---|---|---|
| Latest fiscal year | FY2026, Feb 28, 2026 | FY2025, Dec 31, 2025 |
| Revenue | $1.7B | $4.2B |
| Revenue growth | 4.6% | −2.0% |
| Revenue growth a year, last 5 years | 28.0% | 11.1% |
| Gross margin | 23.9% | 38.3% |
| Operating margin | 16.0% | 6.9% |
| Net margin | 19.2% | 3.8% |
| Free cash flow | $445M | $268M |
| Free cash flow margin | 26.9% | 6.4% |
| Return on capital | 10.7% | 6.5% |
| Net debt to EBITDA | 1.4x | 2.1x |
| Dividends and buybacks | $43M | $148M |
| Change in diluted share count | 3.0% | −1.8% |
| Last close | $125.71 | $176.78 |
| P/E at the last close | 22.7× | 34.9× |
| Insider trades, last 12 months | sold $5.3 million | sold $19.8 million |
| Piotroski F-score | 7 of 9 | 6 of 9 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
AZZGenerac
Operating margin
Percent of revenue
AZZGenerac
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
AZZGenerac