Financial Snapshot

Revenue
$1.441B
TTM
Gross Margin
37.67%
TTM
Net Earnings
$154.0M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
217.19%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$1.357B
Q3 2024
Cash
Q3 2024
P/E
49.87
Nov 29, 2024 EST
Free Cash Flow
$147.3M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2024 2023 2022 2021 2020 2019 2018
Revenue $1.441B $1.370B $1.356B $1.179B $899.3M $794.2M $681.8M
YoY Change 5.19% 1.09% 14.98% 31.11% 13.23% 16.49% 7.78%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2024 2023 2022 2021 2020 2019 2018
Revenue $1.441B $1.370B $1.356B $1.179B $899.3M $794.2M $681.8M
Cost Of Revenue $899.7M $932.7M $946.3M $789.0M $603.2M $541.0M $479.8M
Gross Profit $541.8M $437.7M $409.3M $390.0M $296.1M $253.2M $202.0M
Gross Profit Margin 37.59% 31.94% 30.2% 33.08% 32.92% 31.88% 29.63%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2024 2023 2022 2021 2020 2019 2018
Selling, General & Admin $327.8M $305.2M $279.9M $239.4M $308.3M $183.6M $144.7M
YoY Change 7.41% 9.03% 16.91% -22.34% 67.93% 26.87% -1.57%
% of Gross Profit 60.5% 69.73% 68.38% 61.39% 104.13% 72.5% 71.61%
Research & Development $14.70M $9.200M $9.500M $7.400M $7.700M $8.000M $6.500M
YoY Change 59.78% -3.16% 28.38% -3.9% -3.75% 23.08%
% of Gross Profit 2.71% 2.1% 2.32% 1.9% 2.6% 3.16% 3.22%
Depreciation & Amortization $129.0M $132.5M $118.5M $101.6M $99.78M $93.93M $77.67M
YoY Change -2.64% 11.82% 16.66% 1.83% 6.23% 20.94%
% of Gross Profit 23.82% 30.29% 28.96% 26.06% 33.7% 37.1% 38.44%
Operating Expenses $342.5M $314.4M $289.4M $7.400M $316.0M $191.6M $151.2M
YoY Change 8.94% 8.63% 3810.66% -97.66% 64.94% 26.71% 2.85%
Operating Profit $212.1M $131.2M $128.9M $382.6M -$21.75M $59.05M $52.38M
YoY Change 61.68% 1.74% -66.3% -1859.26% -136.82% 12.75% 138.07%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2024 2023 2022 2021 2020 2019 2018
Interest Expense $56.52M $43.58M $24.96M $20.31M $71.18M $83.21M $68.74M
YoY Change 29.71% 74.61% 22.87% -71.46% -14.45% 21.04% -211.59%
% of Operating Profit 26.65% 33.22% 19.36% 5.31% 140.9% 131.25%
Other Income/Expense, Net -$2.565M $39.29M $24.96M $20.31M $108.8M $83.21M $68.74M
YoY Change -106.53% 57.45% 22.87% -81.33% 30.72% 21.04%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2024 2023 2022 2021 2020 2019 2018
Pretax Income $209.5M $91.88M $104.0M $121.8M -$130.5M -$24.15M -$16.37M
YoY Change 128.03% -11.63% -14.64% -193.34% 440.4% 47.56% -81.29%
Income Tax $56.15M $23.93M $28.75M $28.67M -$8.278M -$3.955M -$23.11M
% Of Pretax Income 26.8% 26.04% 27.65% 23.53%
Net Earnings $153.4M $67.96M $75.23M $93.15M -$122.2M -$20.20M $6.745M
YoY Change 125.71% -9.66% -19.24% -176.21% 505.23% -399.42% -110.01%
Net Earnings / Revenue 10.64% 4.96% 5.55% 7.9% -13.59% -2.54% 0.99%
Basic Earnings Per Share $1.05 $0.45 $0.49 $0.61 -$1.01 -$0.19
Diluted Earnings Per Share $1.04 $0.45 $0.49 $0.59 -$1.01 -$0.19 $47.18K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2024 2023 2022 2021 2020 2019 2018
Cash & Short-Term Investments $164.0M $278.3M $120.8M $250.5M $215.0M $105.9M $82.30M
YoY Change -41.06% 130.35% -51.78% 16.53% 103.02% 28.68%
Cash & Equivalents $164.0M $278.3M $120.8M $250.5M $215.0M $105.9M $82.30M
Short-Term Investments
Other Short-Term Assets $33.75M $25.90M $19.71M $15.66M $8.800M $16.60M $11.50M
YoY Change 30.3% 31.39% 25.9% 77.93% -46.99% 44.35%
Inventory $223.7M $221.1M $299.9M $188.9M $130.1M $115.4M $110.9M
Prepaid Expenses
Receivables $49.92M $57.70M $90.16M $77.32M $70.90M $52.60M $44.00M
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $471.4M $583.0M $530.6M $532.4M $424.7M $290.6M $248.7M
YoY Change -19.15% 9.88% -0.34% 25.36% 46.15% 16.85%
Property, Plant & Equipment $565.0M $588.0M $611.2M $459.5M $261.8M $208.7M $180.8M
YoY Change -3.91% -3.79% 33.0% 75.53% 25.44% 15.43%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $9.002M $800.0K $1.489M $1.947M $1.600M $2.300M $2.800M
YoY Change 1025.25% -46.27% -23.52% 21.69% -30.43% -17.86%
Total Long-Term Assets $1.696B $1.783B $1.852B $1.655B $1.507B $1.498B $1.531B
YoY Change -4.84% -3.77% 11.9% 9.84% 0.63% -2.14%
Total Assets $2.168B $2.366B $2.383B $2.188B $1.932B $1.788B $1.779B
YoY Change
Accounts Payable $57.91M $56.00M $48.99M $69.47M $42.10M $47.50M $35.90M
YoY Change 3.41% 14.32% -29.49% 65.02% -11.37% 32.31%
Accrued Expenses $148.1M $126.8M $119.6M $96.38M $75.40M $78.60M $62.70M
YoY Change 16.84% 6.01% 24.1% 27.83% -4.07% 25.36%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $6.939M $8.800M $8.366M $71.00K $1.000M $9.000M $9.000M
YoY Change -21.15% 5.19% 11683.1% -92.9% -88.89% 0.0%
Total Short-Term Liabilities $217.0M $195.2M $182.5M $170.4M $124.0M $140.0M $109.8M
YoY Change 11.19% 6.96% 7.09% 37.43% -11.43% 27.5%
Long-Term Debt $515.2M $656.0M $660.6M $515.3M $473.9M $1.115B $1.116B
YoY Change -21.47% -0.69% 28.19% 8.74% -57.48% -0.17%
Other Long-Term Liabilities $36.30M $28.40M $30.38M $28.59M $8.800M $9.700M $8.000M
YoY Change 27.82% -6.51% 6.26% 224.85% -9.28% 21.25%
Total Long-Term Liabilities $551.5M $684.4M $691.0M $543.9M $482.7M $1.124B $1.124B
YoY Change -19.42% -0.95% 27.04% 12.68% -57.06% -0.02%
Total Liabilities $810.8M $935.9M $938.6M $760.7M $628.0M $1.298B $1.274B
YoY Change -13.36% -0.29% 23.4% 21.13% -51.63% 1.93%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2024 2023 2022 2021 2020 2019 2018
Basic Shares Outstanding 145.6M shares 150.2M 153.5M 153.8M 120.8M 108.2M
Diluted Shares Outstanding 147.5M shares 150.8M 154.5M 156.7M 120.8M 108.2M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $7.6771 Billion

About AZEK Co Inc.

The AZEK Co., Inc. is a manufacturer of outdoor living products. The company is headquartered in Chicago, Illinois. The company went IPO on 2020-06-12. The firm operates through two segments: Residential and Commercial. The Residential segment manufactures and distributes decking, rail, pergolas, outdoor structures, exterior trim, siding and accessories through a national network of dealers and distributors and multiple home improvement retailers providing geographic coverage. The Commercial segment manufactures, fabricates and distributes lockers and bathroom partitions. The Company’s products include decking, railing, trim, porch, molding, pergolas, outdoor furniture, bathroom and locker systems. Its residential products brands include AZEK, TimberTech, VERSATEX, ULTRALOX, StruXure and INTEX, while the commercial products brands include Scranton Products, Aria Partitions, Eclipse Partitions, Hiny Hiders partitions, Tufftec Lockers and Duralife Lockers.

Industry: Plastics Products, NEC Peers: AAON, INC. CARRIER GLOBAL Corp CSW INDUSTRIALS, INC. GRIFFON CORP Hayward Holdings, Inc. RESIDEO TECHNOLOGIES, INC. MASONITE INTERNATIONAL CORP Simpson Manufacturing Co., Inc.