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Side-by-side financial comparison of AZZ INC (AZZ) and HEALTHCARE SERVICES GROUP INC (HCSG). Click either name above to swap in a different company.

HEALTHCARE SERVICES GROUP INC is the larger business by last-quarter revenue ($466.7M vs $385.1M, roughly 1.2× AZZ INC). On growth, AZZ INC posted the faster year-over-year revenue change (9.4% vs 6.6%). Over the past eight quarters, HEALTHCARE SERVICES GROUP INC's revenue compounded faster (5.0% CAGR vs -3.5%).

AZZ Inc. is a leading global provider of metal protection solutions including hot-dip galvanizing, surface coating services, and specialized electrical and industrial components. It primarily serves the construction, energy, infrastructure, and manufacturing sectors across North America and key international markets.

Tenet Healthcare Corporation is an American for-profit multinational healthcare services company based in Dallas. Through its brands, subsidiaries, joint ventures, and partnerships including United Surgical Partners International (USPI), the company operates 65 hospitals and over 450 healthcare facilities. Tenet also runs Conifer Health Solutions, which provides healthcare support services to health systems and other clients.

AZZ vs HCSG — Head-to-Head

Bigger by revenue
HCSG
HCSG
1.2× larger
HCSG
$466.7M
$385.1M
AZZ
Growing faster (revenue YoY)
AZZ
AZZ
+2.8% gap
AZZ
9.4%
6.6%
HCSG
Faster 2-yr revenue CAGR
HCSG
HCSG
Annualised
HCSG
5.0%
-3.5%
AZZ

Income Statement — Q4 FY2027 vs Q4 FY2025

Metric
AZZ
AZZ
HCSG
HCSG
Revenue
$385.1M
$466.7M
Net Profit
$15.9M
Gross Margin
22.7%
15.4%
Operating Margin
14.8%
6.1%
Net Margin
4.1%
Revenue YoY
9.4%
6.6%
Net Profit YoY
146.3%
EPS (diluted)
$0.53
$0.43

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AZZ
AZZ
HCSG
HCSG
Q4 26
$385.1M
Q4 25
$425.7M
$466.7M
Q3 25
$417.3M
$464.3M
Q2 25
$422.0M
$458.5M
Q1 25
$351.9M
$447.7M
Q4 24
$403.7M
$437.8M
Q3 24
$409.0M
$428.1M
Q2 24
$413.2M
$426.3M
Net Profit
AZZ
AZZ
HCSG
HCSG
Q4 26
$15.9M
Q4 25
$41.1M
Q3 25
$89.3M
$43.0M
Q2 25
$170.9M
$-32.4M
Q1 25
$20.2M
$17.2M
Q4 24
$33.6M
Q3 24
$35.4M
$14.0M
Q2 24
$39.6M
$-1.8M
Gross Margin
AZZ
AZZ
HCSG
HCSG
Q4 26
22.7%
Q4 25
23.9%
15.4%
Q3 25
24.3%
20.8%
Q2 25
24.7%
0.6%
Q1 25
22.4%
15.2%
Q4 24
24.2%
13.4%
Q3 24
25.3%
14.8%
Q2 24
24.8%
9.7%
Operating Margin
AZZ
AZZ
HCSG
HCSG
Q4 26
14.8%
Q4 25
16.3%
6.1%
Q3 25
16.4%
12.3%
Q2 25
16.5%
-9.1%
Q1 25
11.5%
5.3%
Q4 24
14.5%
3.4%
Q3 24
16.5%
4.4%
Q2 24
16.9%
-0.5%
Net Margin
AZZ
AZZ
HCSG
HCSG
Q4 26
4.1%
Q4 25
9.6%
Q3 25
21.4%
9.3%
Q2 25
40.5%
-7.1%
Q1 25
5.7%
3.8%
Q4 24
8.3%
Q3 24
8.7%
3.3%
Q2 24
9.6%
-0.4%
EPS (diluted)
AZZ
AZZ
HCSG
HCSG
Q4 26
$0.53
Q4 25
$1.36
$0.43
Q3 25
$2.95
$0.59
Q2 25
$5.66
$-0.44
Q1 25
$0.87
$0.23
Q4 24
$1.12
$0.15
Q3 24
$1.18
$0.19
Q2 24
$-1.38
$-0.02

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AZZ
AZZ
HCSG
HCSG
Cash + ST InvestmentsLiquidity on hand
$168.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.3B
$510.2M
Total Assets
$2.2B
$794.3M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AZZ
AZZ
HCSG
HCSG
Q4 26
Q4 25
$623.0K
$168.0M
Q3 25
$897.0K
$177.5M
Q2 25
$3.0M
$134.5M
Q1 25
$1.5M
$114.8M
Q4 24
$1.5M
$107.3M
Q3 24
$2.2M
$103.8M
Q2 24
$10.5M
$105.6M
Stockholders' Equity
AZZ
AZZ
HCSG
HCSG
Q4 26
$1.3B
Q4 25
$1.3B
$510.2M
Q3 25
$1.3B
$496.0M
Q2 25
$1.2B
$477.0M
Q1 25
$1.0B
$514.2M
Q4 24
$1.0B
$499.9M
Q3 24
$999.8M
$488.7M
Q2 24
$967.2M
$471.4M
Total Assets
AZZ
AZZ
HCSG
HCSG
Q4 26
$2.2B
Q4 25
$2.2B
$794.3M
Q3 25
$2.2B
$804.3M
Q2 25
$2.2B
$802.2M
Q1 25
$2.2B
$823.0M
Q4 24
$2.2B
$802.8M
Q3 24
$2.2B
$805.8M
Q2 24
$2.2B
$799.7M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AZZ
AZZ
HCSG
HCSG
Operating Cash FlowLast quarter
$525.4M
$17.4M
Free Cash FlowOCF − Capex
$16.0M
FCF MarginFCF / Revenue
3.4%
Capex IntensityCapex / Revenue
0.3%
Cash ConversionOCF / Net Profit
32.98×
TTM Free Cash FlowTrailing 4 quarters
$139.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AZZ
AZZ
HCSG
HCSG
Q4 26
$525.4M
Q4 25
$79.7M
$17.4M
Q3 25
$58.4M
$71.3M
Q2 25
$314.8M
$28.8M
Q1 25
$27.5M
Q4 24
$66.2M
$36.2M
Q3 24
$47.5M
$4.3M
Q2 24
$71.9M
$16.3M
Free Cash Flow
AZZ
AZZ
HCSG
HCSG
Q4 26
Q4 25
$61.2M
$16.0M
Q3 25
$39.1M
$70.0M
Q2 25
$293.9M
$27.4M
Q1 25
$25.8M
Q4 24
$39.7M
$34.8M
Q3 24
$15.4M
$2.9M
Q2 24
$44.5M
$15.0M
FCF Margin
AZZ
AZZ
HCSG
HCSG
Q4 26
Q4 25
14.4%
3.4%
Q3 25
9.4%
15.1%
Q2 25
69.6%
6.0%
Q1 25
5.8%
Q4 24
9.8%
7.9%
Q3 24
3.8%
0.7%
Q2 24
10.8%
3.5%
Capex Intensity
AZZ
AZZ
HCSG
HCSG
Q4 26
Q4 25
4.4%
0.3%
Q3 25
4.6%
0.3%
Q2 25
5.0%
0.3%
Q1 25
8.5%
0.4%
Q4 24
6.6%
0.3%
Q3 24
7.8%
0.3%
Q2 24
6.6%
0.3%
Cash Conversion
AZZ
AZZ
HCSG
HCSG
Q4 26
32.98×
Q4 25
1.94×
Q3 25
0.65×
1.66×
Q2 25
1.84×
Q1 25
1.60×
Q4 24
1.97×
Q3 24
1.34×
0.31×
Q2 24
1.82×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AZZ
AZZ

Precoat Metals$198.6M52%
Metal Coatings$186.5M48%

HCSG
HCSG

Dietary Services$255.9M55%
Other$210.8M45%

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