AZEK (The AZEK Co) Debt-to-Equity : 0.32 (As of Dec. 2024)

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What is The AZEK Co Debt-to-Equity?

The AZEK Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $11 Mil. The AZEK Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $429 Mil. The AZEK Co's Total Stockholders Equity for the quarter that ended in Dec. 2024 was $1,388 Mil. The AZEK Co's debt to equity for the quarter that ended in Dec. 2024 was 0.32.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for The AZEK Co's Debt-to-Equity or its related term are showing as below:

AZEK' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.32 Med: 0.42 Max: 2.58
Current: 0.32

During the past 7 years, the highest Debt-to-Equity Ratio of The AZEK Co was 2.58. The lowest was 0.32. And the median was 0.42.

AZEK's Debt-to-Equity is ranked better than
58.67% of 1563 companies
in the Construction industry
Industry Median: 0.45 vs AZEK: 0.32

The AZEK Co Debt-to-Equity Historical Data

The historical data trend for The AZEK Co's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

The AZEK Co Debt-to-Equity Chart

The AZEK Co Annual Data

Trend

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

Debt-to-Equity

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0.36

0.33

0.42

0.33

The AZEK Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial															0.44	0.43	0.42	0.33	0.32

Competitive Comparison of The AZEK Co's Debt-to-Equity

For the Building Products & Equipment subindustry, The AZEK Co's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

The AZEK Co's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, The AZEK Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where The AZEK Co's Debt-to-Equity falls into.

The AZEK Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

The AZEK Co's Debt to Equity Ratio for the fiscal year that ended in Sep. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(11.486	+	429.668)	/	1356.865
	=	0.33

The AZEK Co's Debt to Equity Ratio for the quarter that ended in Dec. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(11.326	+	428.819)	/	1387.641
	=	0.32

The AZEK Co (NYSE:AZEK) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

The AZEK Co Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of The AZEK Co's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

The AZEK Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » The AZEK Co Inc (NYSE:AZEK) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

4N1:Germany

Address

1330 W Fulton Street, Suite 350, Chicago, IL, USA, 60607

Website

https://www.azekco.com

The AZEK Co Inc is a designer and manufacturer of beautiful, low maintenance and environmentally sustainable products focused on the fast-growing Outdoor Living market. Its portfolio of products includes decks, rail, trim, outdoor furniture among others. The company operates in two segments: Residential Segment that manufactures and distributes decking, railing, trim, moulding, pergolas and cabanas and accessories through a national network of dealers and distributors and multiple home improvement retailers; and Commercial Segment that manufactures, fabricates and distributes lockers and bathroom partitions. It generates maximum revenue from the Residential segment. The company's brand includes TimberTech; AZEK; Versatex, Ultralox, StruXure, and Intex.

Executives

Jesse G Singh	director, officer: CEO and President	16430 N. SCOTTSDALE ROAD, SUITE 400, SCOTTSDALE AZ 85254
Samara Toole	officer: Chief Marketing Officer	1330 W FULTON STREET, SUITE 350, CHICAGO IL 60607
Jonathan Skelly	officer: See Remarks	1330 W. FULTON MARKET STREET, SUITE 350, CHICAGO IL 60607
Pamela J Edwards	director	104 COLEMAN BOULEVARD, SAVANNAH GA 31408
Amanda Cimaglia	officer: VP of ESG and IR	1330 WEST FULTON MARKET STREET, SUITE 350, CHICAGO IL 60607
Michelle A Kasson	officer: Chief Information Officer	1330 W. FULTON MARKET STREET, SUITE 350, CHICAGO IL 60607
Randy Herth	officer: Chief Accounting Officer	1330 W. FULTON ST., SUITE 350, CHICAGO IL 60607
Harmit J Singh	director	71 SOUTH WACKER DRIVE, 12TH FLOOR, CHICAGO IL 60606
Ares Corporate Opportunities Fund Iv, L.p.	director, 10 percent owner	2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Ontario Teachers Pension Plan Board	director, 10 percent owner	5650 YONGE STREET, TORONTO A6 M2M 4H5
Christopher Latkovic	officer: SVP, Operations	1330 W. FULTON STREET, SUITE 350, CHICAGO IL 60607
Gary E Hendrickson	director	1101 THIRD STREET SOUTH, MINNEAPOLIS MN 55415
Vernon J Nagel	director	1330 W. FULTON STREET, SUITE 350, CHICAGO IL 60607
Sandra Lamartine	officer: CHRO	1330 WEST FULTON MARKET STREET, SUITE 350, CHICAGO IL 60607
Peter G Clifford	officer: CFO	40 TOURNAMENT DRIVE SOUTH, HAWTHORN WOODS IL 60047