AZTANasdaqSpecial Industry Machinery, NECFiscal year ends September 30
Azenta, Inc.
Financials through Q3 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026
$34.84+0.75 (+2.20%)
Close on Oct 19, 2026
- Market cap
- $1.58B
- P/E (TTM)
- –
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
45.5%+1.2 pts over 5 years
Operating margin
-4.5%+4.9 pts over 5 years
Net margin
-9.4%−26.1 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +3.6% | +2.2% | +8.9% | +0.7% | |
| Gross profit | +6.1% | +1.9% | +9.4% | +3.6% | |
| Free cash flow | +210.3% | – | – | +3.3% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | -11.7% | 5.5% | -3.2% | |
| Return on assets | -9.6% | 4.2% | -2.7% | |
| Current ratio | 2.50 | 3.08 | 2.98 | |
| Debt to equity | – | 0.04 | – | |
| Net debt to EBITDA | – | -6.93× | – | |
| Interest coverage | -108.6× | -12.4× | – | |
| Inventory turnover | 2.9× | 3.2× | 4.4× | |
| Capex to revenue | 3.0% | 10.3% | 5.7% | |
| Diluted shares | 69M | 74M | 46M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Azenta generated $743.66M from operations and spent $1.77B on capital expenditure, dividends and share buybacks. 13% of that went back into the business.
Generated
$743.66M
Used
$1.77B
Capital expenditure$236.93M13%Dividends$37.22M2%Share buybacks$1.50B85%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-9.4%
×Asset turnover0.29×
×Equity multiplier1.19×
=Return on equity, FY2025-3.2%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | -9.4% | 0.29× | 1.19× | -3.2% |
| FY2024 | -28.8% | 0.23× | 1.16× | -7.7% |
| FY2023 | -2.7% | 0.17× | 1.12× | -0.5% |
| FY2022 | 384.0% | 0.20× | 1.18× | 91.0% |
| FY2021 | 21.6% | 0.30× | 1.33× | 8.7% |
| FY2020 | 16.7% | 0.25× | 1.31× | 5.5% |
| FY2019 | 130.9% | 0.26× | 1.41× | 47.1% |
| FY2018 | 18.5% | 0.68× | 1.40× | 17.6% |
| FY2017 | 11.9% | 0.73× | 1.25× | 10.8% |
| FY2016 | -16.0% | 0.60× | 1.22× | -11.7% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
6of 8 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero-$55.76M
- Cash generatingOperating cash flow above zero$72.18M
- Return on assets improvedROA up on the prior year-5.7% → -2.7%
- Earnings backed by cashOperating cash flow above net income$72.18M vs -$55.76M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose4.04 → 2.98
- No dilutionShare count did not rise53M → 46M
- Gross margin improvedGross margin up on the prior year44.40% → 45.52%
- More efficientAsset turnover rose0.20 → 0.28