AZZ Cost Of Revenue vs Total Revenue Analysis

AZZ Stock  USD 95.33  0.21  0.22%   
AZZ Incorporated financial indicator trend analysis is way more than just evaluating AZZ Incorporated prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AZZ Incorporated is a good investment. Please check the relationship between AZZ Incorporated Cost Of Revenue and its Total Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AZZ Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy AZZ Stock please use our How to Invest in AZZ Incorporated guide.

Cost Of Revenue vs Total Revenue

Cost Of Revenue vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AZZ Incorporated Cost Of Revenue account and Total Revenue. At this time, the significance of the direction appears to have totally related.
The correlation between AZZ Incorporated's Cost Of Revenue and Total Revenue is 1.0. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Total Revenue in the same time period over historical financial statements of AZZ Incorporated, assuming nothing else is changed. The correlation between historical values of AZZ Incorporated's Cost Of Revenue and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of AZZ Incorporated are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Cost Of Revenue i.e., AZZ Incorporated's Cost Of Revenue and Total Revenue go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Cost Of Revenue

Cost of Revenue is found on AZZ Incorporated income statement and represents the costs associated with goods and services AZZ Incorporated provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Total Revenue

Total revenue comprises all receipts AZZ Incorporated generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from AZZ Incorporated's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AZZ Incorporated current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AZZ Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy AZZ Stock please use our How to Invest in AZZ Incorporated guide.Selling General Administrative is likely to drop to about 134.8 M in 2024. Tax Provision is likely to drop to about 18.3 M in 2024
 2021 2022 2023 2024 (projected)
Gross Profit225.2M295.9M363.5M381.6M
Total Revenue902.7M1.3B1.5B1.6B

AZZ Incorporated fundamental ratios Correlations

0.950.920.870.940.990.950.7-0.460.99-0.460.840.330.970.710.040.730.980.920.780.04-0.340.950.940.470.95
0.950.810.770.80.961.00.45-0.430.97-0.430.740.141.00.56-0.090.730.990.90.60.12-0.351.00.930.551.0
0.920.810.880.940.910.810.79-0.380.9-0.380.730.420.830.740.310.550.860.870.830.03-0.360.790.760.230.8
0.870.770.880.860.830.750.79-0.160.82-0.160.830.640.780.920.110.480.820.730.930.320.070.780.820.290.75
0.940.80.940.860.910.80.88-0.480.91-0.480.860.480.830.770.170.640.850.850.85-0.07-0.330.80.850.330.79
0.990.960.910.830.910.970.63-0.470.99-0.470.80.280.970.63-0.010.670.980.960.690.07-0.380.960.920.410.96
0.951.00.810.750.80.970.46-0.480.97-0.480.740.121.00.55-0.080.740.990.910.590.08-0.380.990.930.551.0
0.70.450.790.790.880.630.46-0.340.63-0.340.780.730.490.850.270.390.540.560.90.0-0.040.470.620.10.44
-0.46-0.43-0.38-0.16-0.48-0.47-0.48-0.34-0.491.0-0.330.2-0.44-0.18-0.11-0.48-0.42-0.45-0.120.320.4-0.42-0.45-0.28-0.44
0.990.970.90.820.910.990.970.63-0.49-0.490.810.250.980.640.00.730.980.940.710.02-0.40.970.940.480.97
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0.840.740.730.830.860.80.740.78-0.330.81-0.330.630.760.76-0.260.590.780.710.810.15-0.010.770.910.40.73
0.330.140.420.640.480.280.120.730.20.250.20.630.160.72-0.12-0.050.220.220.70.490.450.180.35-0.160.12
0.971.00.830.780.830.971.00.49-0.440.98-0.440.760.160.58-0.060.751.00.90.630.07-0.370.990.940.561.0
0.710.560.740.920.770.630.550.85-0.180.64-0.180.760.720.580.210.470.630.470.950.280.240.570.70.330.54
0.04-0.090.310.110.17-0.01-0.080.27-0.110.0-0.11-0.26-0.12-0.060.210.1-0.04-0.040.27-0.39-0.27-0.16-0.21-0.05-0.09
0.730.730.550.480.640.670.740.39-0.480.73-0.480.59-0.050.750.470.10.740.490.52-0.34-0.490.710.750.920.74
0.980.990.860.820.850.980.990.54-0.420.98-0.420.780.221.00.63-0.040.740.90.680.11-0.330.990.940.540.99
0.920.90.870.730.850.960.910.56-0.450.94-0.450.710.220.90.47-0.040.490.90.560.05-0.430.90.820.190.9
0.780.60.830.930.850.690.590.9-0.120.71-0.120.810.70.630.950.270.520.680.560.130.050.610.720.330.59
0.040.120.030.32-0.070.070.080.00.320.020.320.150.490.070.28-0.39-0.340.110.050.130.650.150.14-0.230.09
-0.34-0.35-0.360.07-0.33-0.38-0.38-0.040.4-0.40.4-0.010.45-0.370.24-0.27-0.49-0.33-0.430.050.65-0.3-0.17-0.26-0.36
0.951.00.790.780.80.960.990.47-0.420.97-0.420.770.180.990.57-0.160.710.990.90.610.15-0.30.950.541.0
0.940.930.760.820.850.920.930.62-0.450.94-0.450.910.350.940.7-0.210.750.940.820.720.14-0.170.950.590.93
0.470.550.230.290.330.410.550.1-0.280.48-0.280.4-0.160.560.33-0.050.920.540.190.33-0.23-0.260.540.590.56
0.951.00.80.750.790.961.00.44-0.440.97-0.440.730.121.00.54-0.090.740.990.90.590.09-0.361.00.930.56
Click cells to compare fundamentals

AZZ Incorporated Account Relationship Matchups

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When running AZZ Incorporated's price analysis, check to measure AZZ Incorporated's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy AZZ Incorporated is operating at the current time. Most of AZZ Incorporated's value examination focuses on studying past and present price action to predict the probability of AZZ Incorporated's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AZZ Incorporated's price. Additionally, you may evaluate how the addition of AZZ Incorporated to your portfolios can decrease your overall portfolio volatility.