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Side-by-side financial comparison of AZZ INC (AZZ) and REPLIGEN CORP (RGEN). Click either name above to swap in a different company.

AZZ INC is the larger business by last-quarter revenue ($385.1M vs $197.9M, roughly 1.9× REPLIGEN CORP). REPLIGEN CORP runs the higher net margin — 6.7% vs 4.1%, a 2.6% gap on every dollar of revenue. On growth, REPLIGEN CORP posted the faster year-over-year revenue change (13.6% vs 9.4%). Over the past eight quarters, REPLIGEN CORP's revenue compounded faster (14.4% 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.

Repligen Corporation is a global life sciences company devoted to the development and commercialization of innovative bioprocessing technologies and systems that enable efficiencies in the process of manufacturing biological drugs.2025 The company is based in Waltham, Massachusetts,2014 and was incorporated in Delaware in 1981. A public company, Repligen is listed on the NASDAQ exchange under the symbol RGEN. As of 2025, Repligen employs over 1,900 employees globally and serves primarily biop...

AZZ vs RGEN — Head-to-Head

Bigger by revenue
AZZ
AZZ
1.9× larger
AZZ
$385.1M
$197.9M
RGEN
Growing faster (revenue YoY)
RGEN
RGEN
+4.2% gap
RGEN
13.6%
9.4%
AZZ
Higher net margin
RGEN
RGEN
2.6% more per $
RGEN
6.7%
4.1%
AZZ
Faster 2-yr revenue CAGR
RGEN
RGEN
Annualised
RGEN
14.4%
-3.5%
AZZ

Income Statement — Q4 FY2027 vs Q4 FY2025

Metric
AZZ
AZZ
RGEN
RGEN
Revenue
$385.1M
$197.9M
Net Profit
$15.9M
$13.3M
Gross Margin
22.7%
52.5%
Operating Margin
14.8%
9.0%
Net Margin
4.1%
6.7%
Revenue YoY
9.4%
13.6%
Net Profit YoY
146.3%
143.9%
EPS (diluted)
$0.53
$0.24

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
RGEN
RGEN
Q4 26
$385.1M
Q4 25
$425.7M
$197.9M
Q3 25
$417.3M
$188.8M
Q2 25
$422.0M
$182.4M
Q1 25
$351.9M
$169.2M
Q4 24
$403.7M
$174.1M
Q3 24
$409.0M
$154.9M
Q2 24
$413.2M
$154.1M
Net Profit
AZZ
AZZ
RGEN
RGEN
Q4 26
$15.9M
Q4 25
$41.1M
$13.3M
Q3 25
$89.3M
$14.9M
Q2 25
$170.9M
$14.9M
Q1 25
$20.2M
$5.8M
Q4 24
$33.6M
$-30.3M
Q3 24
$35.4M
$-654.0K
Q2 24
$39.6M
$3.3M
Gross Margin
AZZ
AZZ
RGEN
RGEN
Q4 26
22.7%
Q4 25
23.9%
52.5%
Q3 25
24.3%
53.2%
Q2 25
24.7%
50.0%
Q1 25
22.4%
53.6%
Q4 24
24.2%
26.1%
Q3 24
25.3%
50.0%
Q2 24
24.8%
49.8%
Operating Margin
AZZ
AZZ
RGEN
RGEN
Q4 26
14.8%
Q4 25
16.3%
9.0%
Q3 25
16.4%
8.9%
Q2 25
16.5%
7.6%
Q1 25
11.5%
3.9%
Q4 24
14.5%
-17.7%
Q3 24
16.5%
-5.1%
Q2 24
16.9%
1.0%
Net Margin
AZZ
AZZ
RGEN
RGEN
Q4 26
4.1%
Q4 25
9.6%
6.7%
Q3 25
21.4%
7.9%
Q2 25
40.5%
8.2%
Q1 25
5.7%
3.4%
Q4 24
8.3%
-17.4%
Q3 24
8.7%
-0.4%
Q2 24
9.6%
2.2%
EPS (diluted)
AZZ
AZZ
RGEN
RGEN
Q4 26
$0.53
Q4 25
$1.36
$0.24
Q3 25
$2.95
$0.26
Q2 25
$5.66
$0.26
Q1 25
$0.87
$0.10
Q4 24
$1.12
$-0.55
Q3 24
$1.18
$-0.01
Q2 24
$-1.38
$0.06

Balance Sheet & Financial Strength

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

Metric
AZZ
AZZ
RGEN
RGEN
Cash + ST InvestmentsLiquidity on hand
$767.6M
Total DebtLower is stronger
$542.2M
Stockholders' EquityBook value
$1.3B
$2.1B
Total Assets
$2.2B
$2.9B
Debt / EquityLower = less leverage
0.26×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AZZ
AZZ
RGEN
RGEN
Q4 26
Q4 25
$623.0K
$767.6M
Q3 25
$897.0K
$748.7M
Q2 25
$3.0M
$708.9M
Q1 25
$1.5M
$697.2M
Q4 24
$1.5M
$757.4M
Q3 24
$2.2M
$784.0M
Q2 24
$10.5M
$809.1M
Total Debt
AZZ
AZZ
RGEN
RGEN
Q4 26
Q4 25
$542.2M
Q3 25
$537.9M
Q2 25
Q1 25
Q4 24
$525.6M
Q3 24
Q2 24
Stockholders' Equity
AZZ
AZZ
RGEN
RGEN
Q4 26
$1.3B
Q4 25
$1.3B
$2.1B
Q3 25
$1.3B
$2.1B
Q2 25
$1.2B
$2.1B
Q1 25
$1.0B
$2.0B
Q4 24
$1.0B
$2.0B
Q3 24
$999.8M
$2.0B
Q2 24
$967.2M
$2.0B
Total Assets
AZZ
AZZ
RGEN
RGEN
Q4 26
$2.2B
Q4 25
$2.2B
$2.9B
Q3 25
$2.2B
$2.9B
Q2 25
$2.2B
$2.9B
Q1 25
$2.2B
$2.9B
Q4 24
$2.2B
$2.8B
Q3 24
$2.2B
$2.8B
Q2 24
$2.2B
$2.9B
Debt / Equity
AZZ
AZZ
RGEN
RGEN
Q4 26
Q4 25
0.26×
Q3 25
0.26×
Q2 25
Q1 25
Q4 24
0.27×
Q3 24
Q2 24

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
RGEN
RGEN
Operating Cash FlowLast quarter
$525.4M
$25.7M
Free Cash FlowOCF − Capex
$17.6M
FCF MarginFCF / Revenue
8.9%
Capex IntensityCapex / Revenue
4.1%
Cash ConversionOCF / Net Profit
32.98×
1.93×
TTM Free Cash FlowTrailing 4 quarters
$93.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AZZ
AZZ
RGEN
RGEN
Q4 26
$525.4M
Q4 25
$79.7M
$25.7M
Q3 25
$58.4M
$48.1M
Q2 25
$314.8M
$28.6M
Q1 25
$15.0M
Q4 24
$66.2M
$39.2M
Q3 24
$47.5M
$49.3M
Q2 24
$71.9M
$42.2M
Free Cash Flow
AZZ
AZZ
RGEN
RGEN
Q4 26
Q4 25
$61.2M
$17.6M
Q3 25
$39.1M
$43.4M
Q2 25
$293.9M
$21.5M
Q1 25
$11.4M
Q4 24
$39.7M
$33.6M
Q3 24
$15.4M
$42.3M
Q2 24
$44.5M
$37.4M
FCF Margin
AZZ
AZZ
RGEN
RGEN
Q4 26
Q4 25
14.4%
8.9%
Q3 25
9.4%
23.0%
Q2 25
69.6%
11.8%
Q1 25
6.8%
Q4 24
9.8%
19.3%
Q3 24
3.8%
27.3%
Q2 24
10.8%
24.3%
Capex Intensity
AZZ
AZZ
RGEN
RGEN
Q4 26
Q4 25
4.4%
4.1%
Q3 25
4.6%
2.5%
Q2 25
5.0%
3.9%
Q1 25
8.5%
2.1%
Q4 24
6.6%
3.2%
Q3 24
7.8%
4.5%
Q2 24
6.6%
3.1%
Cash Conversion
AZZ
AZZ
RGEN
RGEN
Q4 26
32.98×
Q4 25
1.94×
1.93×
Q3 25
0.65×
3.23×
Q2 25
1.84×
1.92×
Q1 25
2.57×
Q4 24
1.97×
Q3 24
1.34×
Q2 24
1.82×
12.70×

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%

RGEN
RGEN

Segment breakdown not available.

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