Azimut Holding Spa

Azimut Holding Spa

34.59
EUR
-0.25
(-0.73%)
3.93EPS
9.52P/E
5.05BMarket Cap
Nov 05Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
3.21
3.71
4.75
4.75
5.52
5.08
6.77
6.67
9.42
9.23
8.72
9.48
9.93
10.8
Basic EPS, GAAP
1.1
0.65
1.73
1.21
1.53
0.88
2.64
2.75
4.35
2.92
3.14
4.1
3.71
3.71
Free Cash Flow per Basic Share
2.18
0.62
1.56
1.17
2.46
-0.27
6.38
1.83
6.29
-1.07
3.03
-1.75
3.91
4.43
Dividend per Share
0.68
0.82
0.83
1.67
1.12
1.66
1.47
1.38
1.39
1.96
1.73
1.49
2.34
- -
Book Value per Share
4.81
4.47
5.02
4.39
4.24
4.26
5.31
6.26
8.47
10.24
11.2
13.58
14.47
13.92
Tangible Book Value per Share
2.22
1.7
1.87
0.77
0.25
-0.01
0.8
1.51
2.98
3.9
4.75
9.48
9.63
7.76
Basic Weighted Avg Shares
142
143
143
143
141
138
140
139
139
139
138
141
142
142
Sales/Revenue/Turnover
455
529
678
678
778
701
949
924
1,311
1,286
1,207
1,333
1,407
1,535
Operating Margin (%)
26.13
18.4
21.45
12.09
13.11
2.84
22.27
20.47
28.38
44.33
48.78
47.93
44.44
42.54
Depreciation Expense
4
6
10
16
16
15
24
28
35
36
37
29
29
- -
Net Income, GAAP
156
92
247
173
215
122
370
382
605
406
435
576
526
528
Effective Tax Rate (%)
14.46
49.56
10.13
4.1
8.64
9.79
14.33
11.53
15.91
23.71
26.49
26.5
17.52
17.48
Profit Margin (%)
34.22
17.4
36.48
25.46
27.61
17.42
39.01
41.31
46.18
31.61
36.01
43.23
37.35
34.38
Working Capital
657
423
306
293
97
392
615
624
620
-832
-827
-916
-1,097
-1,394
LT Debt
335
316
257
255
366
362
955
893
898
539
537
28
30
39
Total Equity
691
644
727
645
612
624
772
886
1,236
1,472
1,609
1,948
2,074
2,004
Return on Invested Capital (%)
17.01
9.23
25.48
18.67
23.74
1.81
10.63
8.04
14.11
18.65
18.31
20.54
24.21
26.99
Return on Capital (%)
17.54
9.22
25.21
17.94
21.81
10.7
26.5
22.35
31.45
19.14
20.14
26.91
24.59
26.2
Return on Common Equity (%)
24.43
13.92
36.55
25.7
35.22
20.47
54.89
47.31
59.11
31.27
29.28
33.17
26.5
27.96

Capital Structure

EUR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
- -
123
- -
LT Finance Leases
30
- -
39
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
141
142
143
Market Capitalization
5,040
4,599
5,046

Working Capital

EUR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,234
719
1,204
Cash, Cash Equivalents & STI
524
620
473
Accounts Receivable, Net
260
- -
354
Inventories
- -
- -
- -
Total Current Liabilities
2,331
2,063
2,598
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

EUR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
11.94%
19.08%
6.45%
Free Cash Flow
-330.84%
-147.1%
-325.13%
Net Income, GAAP
21.36%
11.3%
-8.76%
Sales/Revenue/Turnover
8.74%
9.98%
5.61%
Total Cash Common Dividend
17.02%
15.04%
58.08%

Quarterly Revenue

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
320
353
317
277
1,333
2025
322
327
366
391
1,407
2026
371
406
- -
- -
- -

Quarterly Earnings Per Share

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.84
1.46
0.81
0.98
4.1
2025
0.81
0.88
1.03
0.99
3.71
2026
0.88
0.81
- -
- -
- -

Quarterly Dividends Per Share

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
0.14
1.49
2025
- -
- -
- -
- -
2.34
2026
- -
- -
- -
- -
- -

Company Description

CEO
Zambotti Alessandro
Full Time Employees
1,099
Sector
Finance
Industry
Financial conglomerates
Address
Via Cusani, 4 Milan MI Italy 20121
IPO Date
Jun 28, 2004
Business
Azimut Holding SpA operates as an independent global asset manager focused on public and private markets, wealth management, investment banking and fintech, serving retail, high-net-worth and institutional clients worldwide. The company offers a broad range of products and services including mutual funds, hedge funds, funds of funds, pension funds, discretionary portfolios; alternative investments such as private market funds, private equity, private credit, global equity, fixed income, multi-asset strategies and emerging market solutions; insurance products and trust services through subsidiaries like Azimut Sgr SpA, AZ Fund Management SA, Azimut Capital Management Sgr SpA, AZ Capital Management Ltd and AZ Life Ltd. Headquartered in Milan, Italy, where it was founded in 1990, Azimut maintains a global footprint with registered offices and management hubs in 20 countries across Europe, Latin America including Brazil and Mexico, the United States, the Middle East including UAE and Saudi Arabia, Asia-Pacific including China, Hong Kong, Singapore, Taiwan and Australia, as well as Chile, Egypt, Ireland, Luxembourg, Monaco, Morocco, Portugal, Switzerland and Turkey. Recent strategic developments include the July 2025 acquisition of North Square Investments in the US for $165 million in a cash-and-share deal, combined with contributing its 51% stake in Kennedy Capital Management to form Azimut NSI, a $20 billion integrated asset management and distribution platform that establishes the US as Azimut's second-largest market after Italy with pro-forma total assets under management of approximately $50 billion; plans to launch seven active ETFs in the first 12 months leveraging Azimut's global strategies. In June 2025, Azimut signed a collaboration with Eni Next to launch a €100 million European Long Term Investment Fund focused on US clean tech startups in decarbonization, energy efficiency, sustainable mobility and circular economy, pending regulatory approval for September 2025 launch. The group continues to emphasize growth in private markets, sustainability-linked investments and cross-border distribution through its network of over 1,000 employees.

Company News

  • Azimut Holding S.p.A. (AZIHF) Q2 2026 Earnings Call Transcript

  • Azimut: Re-Rating Potential From Recurring Fees, Buybacks, And TNB Optionality

  • Azimut Holding S.p.A. (AZIHF) Q1 2026 Earnings Call Transcript

  • Azimut Holding S.p.A. (AZIHF) Q4 2025 Earnings Call Transcript

  • Oakmark Intl Small Cap's Strategic Moves: JDE Peet's NV Exits with -1.83% Impact

  • Oakmark International Small Cap Strategy Q3 2025 Top Contributors And Detractors

  • Azimut Holding S.p.A. (AZIHF) Q3 2025 Earnings Call Transcript

  • Azimut Holding S.p.A. (AZIHF) FY2024 Earnings Call Transcript

  • Azimut Holding S.p.A. (AZIHF) Q3 2024 Earnings Call Transcript

  • Why Azimut's Dividend Is Reliable

  • Azimut Holding S.p.A. (AZIHF) Q2 2024 Earnings Call Transcript

  • Azimut Holding S.p.A. (AZIHF) Q1 2024 Earnings Call Transcript

  • Azimut Holding S.p.A. (AZIHF) Q4 2023 Earnings Call Transcript

  • Azimut Holding S.p.A. (AZIHF) Q3 2023 Earnings Call Transcript

  • Azimut Holding S.p.A. (AZIHF) Q4 2022 Earnings Call Transcript

  • Azimut Holding S.p.A. (AZIHF) CEO Gabriele Blei on Q2 2022 Results - Earnings Call Transcript