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AZOAutoZone, Inc.
$3074.86$50.3B
Overview & Verdict
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AZO logoAutoZone, Inc.(AZO)Earnings, Financials & Key Ratios

AZO•NYSE
$3074.86
21.2× P/E·Price updated Jul 7, 2026
SectorConsumer CyclicalIndustryAuto Parts & EquipmentSub-IndustryAuto Parts Retail and Distribution
AboutAutoZone, Inc. retails and distributes automotive replacement parts and accessories. The company offers various products for cars, sport utility vehicles, vans, and light trucks, including new and remanufactured automotive hard parts, maintenance items, accessories, and non-automotive products. Its products include A/C compressors, batteries and accessories, bearings, belts and hoses, calipers, chassis, clutches, CV axles, engines, fuel pumps, fuses, ignition and lighting products, mufflers, radiators, starters and alternators, thermostats, and water pumps, as well as tire repairs. In addition, the company offers maintenance products, such as antifreeze and windshield washer fluids; brake drums, rotors, shoes, and pads; brake and power steering fluids, and oil and fuel additives; oil and transmission fluids; oil, cabin, air, fuel, and transmission filters; oxygen sensors; paints and accessories; refrigerants and accessories; shock absorbers and struts; spark plugs and wires; and windshield wipers. Further, it provides air fresheners, cell phone accessories, drinks and snacks, floor mats and seat covers, interior and exterior accessories, mirrors, performance products, protectants and cleaners, sealants and adhesives, steering wheel covers, stereos and radios, tools, and wash and wax products, as well as towing services. Additionally, the company provides a sales program that offers commercial credit and delivery of parts and other products; sells automotive diagnostic and repair software under the ALLDATA brand through alldata.com and alldatadiy.com; and automotive hard parts, maintenance items, accessories, and non-automotive products through autozone.com. As of November 20, 2021, it operated 6,066 stores in the United States; 666 stores in Mexico; and 53 stores in Brazil. The company was founded in 1979 and is based in Memphis, Tennessee.Show more
  • Revenue$18.94B+2.4%
  • EBITDA$4.22B-2.7%
  • Net Income$2.5B-6.2%
  • EPS (Diluted)144.87-3.1%
  • Gross Margin52.62%-0.9%
  • EBITDA Margin22.3%-5.0%
  • Operating Margin19.06%-7.0%
  • Net Margin13.19%-8.4%

AZO Price & Volume

AutoZone, Inc. (AZO) stock price & volume — 10-year historical chart

Loading chart...

Aggressive Capital Returns Mask Structural Leverage Risks

Investment Thesis • Updated 2026Q3

VerdictNeutral
Growth:Stable
Profitability:Strong
Financial:Strained
Cash Flow:Mixed
Primary Risk:Commercial segment margin dilution

Key Thesis Takeaways

  • AutoZone maintains a dominant market position through its hub-and-spoke distribution network, yet its reliance on debt-funded share repurchases has resulted in a persistent negative equity position of $2.8 billion as of 2026Q3.
  • While the company demonstrates resilient gross margins above 50%, the ongoing shift toward the lower-margin Commercial segment may continue to pressure operating income.
  • Investors should monitor the sustainability of this capital allocation strategy, as the current 21.60 P/E ratio appears to discount the risks associated with a highly leveraged balance sheet and volatile free cash flow.

Verdict Logic

while the company exhibits strong gross margins of 52.2%, the combination of a 0.89 current ratio and negative equity suggests significant balance sheet risk that warrants caution.

AZO Growth Metrics

AutoZone, Inc. (AZO) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years6.4%
5 Years8.44%
3 Years5.23%
TTM5.74%

Profit CAGR

10 Years7.97%
5 Years7.59%
3 Years0.93%
TTM-3.33%

EPS CAGR

10 Years14.93%
5 Years15.03%
3 Years7.32%
TTM-1.56%

Return on Capital

10 Years45.85%
5 Years44.38%
3 Years45.36%
Last Year39.46%

AZO Recent Earnings

AutoZone, Inc. (AZO) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 6/12 qtrs (50%)●Beat Revenue 3/12 qtrs (25%)
Q2 2026Latest
May 26, 2026
Metric
Actual
Est
EPS
$38.07+5.1%
$36.22
Rev
$4.8B-0.4%
$4.9B
Q2 2026
Mar 3, 2026
Metric
Actual
Est
EPS
$27.63+1.8%
$27.15
Rev
$4.3B-0.8%
$4.3B
Q4 2025
Dec 9, 2025
Metric
Actual
Est
EPS
$31.04-5.2%
$32.75
Rev
$4.6B-0.2%
$4.6B
Q4 2025
Sep 23, 2025
Metric
Actual
Est
EPS
$48.71-4.0%
$50.73
Rev
$6.2B-0.1%
$6.3B
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestMay 26, 2026
$38.07vs $36.22+5.1%
$4.8Bvs $4.9B-0.4%
Q2 2026Mar 3, 2026
$27.63vs $27.15+1.8%
$4.3Bvs $4.3B-0.8%
Q4 2025Dec 9, 2025
$31.04vs $32.75-5.2%
$4.6Bvs $4.6B-0.2%
Q4 2025Sep 23, 2025
$48.71vs $50.73-4.0%
$6.2Bvs $6.3B-0.1%
Based on last 12 quarters of dataView full earnings history →

Latest AZO News

Recent stock market news and headlines for AutoZone, Inc. (AZO)

Seeking Alpha·Jun 29, 2026
AutoZone: A Defensive Compounder That's Still Worth Buying

AutoZone is reiterated as a Buy, supported by resilient performance, aggressive international expansion, and robust investments in hubs and mega-hubs. Q3 FY26 saw solid EPS growth and strong international same-store sales, despite macro headwinds and a minor revenue miss. Elevated CAPEX is driving store growth and inventory proximity, with share buybacks and disciplined capital allocation underpinning EPS growth.

Zacks Investment Research·Jun 26, 2026
Here is What to Know Beyond Why AutoZone, Inc. (AZO) is a Trending Stock

AutoZone (AZO) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

Zacks Investment Research·Jun 25, 2026
AutoZone (AZO) Up 2% Since Last Earnings Report: Can It Continue?

AutoZone (AZO) reported earnings 30 days ago. What's next for the stock?

247 Wallst·Jun 25, 2026
3 Top-Rated Stocks Wall Street Loves in June

Mid-year is when analysts sharpen their pencils. With Q1 2026 earnings season behind us and fresh full-year models in hand, June has produced a cleaner read on where institutional conviction is building. The pattern this month: defensive cash-flow compounders and a property-and-casualty insurer riding a multi-quarter underwriting recovery. Three names stand out where Wall Street... 3 Top-Rated Stocks Wall Street Loves in June

MarketBeat·Jun 23, 2026
Top Consumer Discretionary Brands Add Buyback Capacity Amid Weakness

After experiencing underwhelming to outright poor performance recently, several big names in the consumer discretionary sector are loading up on buyback capacity. All three of these moves signal management's confidence in their ability to turn the tide, but each also comes with a unique set of circumstances.

Peers Comparison

Key metrics vs top competitors for AutoZone, Inc. (AZO)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
AZO logoAZOAutoZone, Inc.Current
$3074.86$50.33B21.232.43%13.19%——
ORLY logoORLYO'Reilly Automotive, Inc.
$86.65$72.5B29.186.42%14.3%——
AAP logoAAPAdvance Auto Parts, Inc.
$55.86$3.37B76.52-5.42%0.51%2%—
GPC logoGPCGenuine Parts Company
$128.67$17.9B273.773.46%0.24%1.3%—
MNRO logoMNROMonro, Inc.
$17.32$520.04M629.82-3.19%0.19%0.36%—
MUSA logoMUSAMurphy USA Inc.
$575.64$10.65B23.89-4.25%2.81%89.51%—

Compare AZO vs Peers

AutoZone, Inc. (AZO) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs ORLY

Most directly comparable listed peer for AZO.

Scale Benchmark

vs AMZN

Larger-name benchmark to compare AZO against a more recognizable public peer.

Peer Set

Compare Top 5

vs ORLY, AAP, GPC, MNRO

AZO SEC Filings & Documents

AutoZone, Inc. (AZO) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

May 26, 2026·SEC

Material company update

Mar 3, 2026·SEC

Material company update

Dec 19, 2025·SEC

10-K Annual Reports

2
FY 2025

Oct 27, 2025·SEC

FY 2024

Oct 28, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

Mar 20, 2026·SEC

FY 2025

Dec 19, 2025·SEC

FY 2025

Jun 13, 2025·SEC

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AZO Frequently Asked Questions

AutoZone, Inc. (AZO) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is AutoZone, Inc.'s revenue?

AutoZone, Inc. (AZO) reported $19.99B in revenue for fiscal year 2025. This represents a 791% increase from $2.24B in 1996.

How fast is AutoZone, Inc. growing?

AutoZone, Inc. (AZO) grew revenue by 2.4% over the past year. Growth has been modest.

Is AZO profitable?

Yes, AutoZone, Inc. (AZO) is profitable, generating $2.48B in net income for fiscal year 2025 (13.2% net margin).

Dividend & Returns
What is AutoZone, Inc.'s free cash flow?

AutoZone, Inc. (AZO) generated $1.18B in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

What if you invested $1,000 in AZO back in 1996?

Total return calculator · dividends reinvested · 30+ years of data

See returns →