Azek Company Inc
NYSE:AZEK
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Azek Company Inc
Research & Development
Azek Company Inc
Research & Development Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Research & Development | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
Azek Company Inc
NYSE:AZEK
|
Research & Development
-$14.7m
|
CAGR 3-Years
-26%
|
CAGR 5-Years
-13%
|
CAGR 10-Years
N/A
|
||
Carlisle Companies Inc
NYSE:CSL
|
Research & Development
-$34.6m
|
CAGR 3-Years
12%
|
CAGR 5-Years
10%
|
CAGR 10-Years
-3%
|
||
Carrier Global Corp
NYSE:CARR
|
Research & Development
-$617m
|
CAGR 3-Years
-14%
|
CAGR 5-Years
-9%
|
CAGR 10-Years
N/A
|
||
Masco Corp
NYSE:MAS
|
Research & Development
N/A
|
CAGR 3-Years
N/A
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
||
Lennox International Inc
NYSE:LII
|
Research & Development
N/A
|
CAGR 3-Years
N/A
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
||
Builders FirstSource Inc
NYSE:BLDR
|
Research & Development
N/A
|
CAGR 3-Years
N/A
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
Azek Company Inc
Glance View
The Azek Company Inc, a distinguished player in the building products industry, weaves its tale through innovation in sustainable outdoor living solutions. Born from a commitment to revolutionize how people interact with their outdoor spaces, Azek positions itself away from traditional materials, focusing instead on high-performance materials that offer durability and style. The company is renowned for its composite and PVC materials used in decking, railing, trim, and exterior products, which provide a compelling alternative to conventional wood. This pivot not only enhances aesthetic appeal and functionality but also meets the growing consumer demand for eco-friendly materials, addressing sustainability concerns in the construction and home improvement sectors. Azek's business model centers on the design, manufacture, and sale of these premium materials primarily to residential construction and remodeling markets. By leveraging its distinct product lines—TimberTech and Azek Exteriors—the company ensures a wide reach across different customer needs. The company draws revenue through direct sales to contractors and builders, as well as through an extensive network of dealers, retailers, and distributors. Revenue streams are further boosted by strategic partnerships and investments in improving product innovation, sustainability practices, and consumer outreach, solidifying Azek's stature as a leader in creating modern, sustainable outdoor environments.
See Also
What is Azek Company Inc's Research & Development?
Research & Development
-14.7m
USD
Based on the financial report for Sep 30, 2024, Azek Company Inc's Research & Development amounts to -14.7m USD.
What is Azek Company Inc's Research & Development growth rate?
Research & Development CAGR 5Y
-13%
Over the last year, the Research & Development growth was -60%. The average annual Research & Development growth rates for Azek Company Inc have been -26% over the past three years , -13% over the past five years .