AUTOZONE INC (AZO) Fundamental Analysis & Valuation

NYSE:AZO • US0533321024

3717 USD
+79.83 (+2.19%)
At close: Mar 4, 2026
3717 USD
0 (0%)
After Hours: 3/4/2026, 5:08:50 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Forecast Earnings Financials Ownership News

This AZO fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

Fundamental Rating

5

We assign a fundamental rating of 5 out of 10 to AZO. AZO was compared to 123 industry peers in the Specialty Retail industry. AZO scores excellent on profitability, but there are some minor concerns on its financial health. AZO has a decent growth rate and is not valued too expensively.


Dividend Valuation Growth Profitability Health

8

1. AZO Profitability Analysis

1.1 Basic Checks

  • AZO had positive earnings in the past year.
  • In the past year AZO had a positive cash flow from operations.
  • AZO had positive earnings in each of the past 5 years.
  • AZO had a positive operating cash flow in each of the past 5 years.
AZO Yearly Net Income VS EBIT VS OCF VS FCFAZO Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B

1.2 Ratios

  • AZO has a better Return On Assets (12.53%) than 88.62% of its industry peers.
  • AZO's Return On Invested Capital of 28.76% is amongst the best of the industry. AZO outperforms 95.94% of its industry peers.
  • AZO had an Average Return On Invested Capital over the past 3 years of 34.01%. This is significantly above the industry average of 13.61%.
  • The 3 year average ROIC (34.01%) for AZO is well above the current ROIC(28.76%). The reason for the recent decline needs to be investigated.
Industry RankSector Rank
ROA 12.53%
ROE N/A
ROIC 28.76%
ROA(3y)14.74%
ROA(5y)15.02%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)34.01%
ROIC(5y)34.88%
AZO Yearly ROA, ROE, ROICAZO Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 -50 -100 -150

1.3 Margins

  • Looking at the Profit Margin, with a value of 12.78%, AZO belongs to the top of the industry, outperforming 94.31% of the companies in the same industry.
  • In the last couple of years the Profit Margin of AZO has remained more or less at the same level.
  • AZO has a Operating Margin of 18.42%. This is amongst the best in the industry. AZO outperforms 95.94% of its industry peers.
  • In the last couple of years the Operating Margin of AZO has remained more or less at the same level.
  • AZO has a Gross Margin of 52.15%. This is amongst the best in the industry. AZO outperforms 80.49% of its industry peers.
  • AZO's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 18.42%
PM (TTM) 12.78%
GM 52.15%
OM growth 3Y-1.79%
OM growth 5Y-0.76%
PM growth 3Y-4.08%
PM growth 5Y-0.78%
GM growth 3Y0.31%
GM growth 5Y-0.37%
AZO Yearly Profit, Operating, Gross MarginsAZO Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10 20 30 40 50

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ROAROEROICOperating and Profit MarginShow most profitable peers

4

2. AZO Health Analysis

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so AZO is creating value.
  • AZO has less shares outstanding than it did 1 year ago.
  • AZO has less shares outstanding than it did 5 years ago.
  • Compared to 1 year ago, AZO has an improved debt to assets ratio.
AZO Yearly Shares OutstandingAZO Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5M 10M 15M 20M 25M
AZO Yearly Total Debt VS Total AssetsAZO Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5B 10B 15B

2.2 Solvency

  • An Altman-Z score of 2.83 indicates that AZO is not a great score, but indicates only limited risk for bankruptcy at the moment.
  • AZO's Altman-Z score of 2.83 is fine compared to the rest of the industry. AZO outperforms 63.41% of its industry peers.
  • AZO has a debt to FCF ratio of 4.65. This is a neutral value as AZO would need 4.65 years to pay back of all of its debts.
  • AZO's Debt to FCF ratio of 4.65 is fine compared to the rest of the industry. AZO outperforms 65.85% of its industry peers.
Industry RankSector Rank
Debt/Equity N/A
Debt/FCF 4.65
Altman-Z 2.83
ROIC/WACC3.04
WACC9.45%
AZO Yearly LT Debt VS Equity VS FCFAZO Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 5B

2.3 Liquidity

  • A Current Ratio of 0.86 indicates that AZO may have some problems paying its short term obligations.
  • Looking at the Current ratio, with a value of 0.86, AZO is doing worse than 81.30% of the companies in the same industry.
  • A Quick Ratio of 0.13 indicates that AZO may have some problems paying its short term obligations.
  • AZO has a Quick ratio of 0.13. This is amonst the worse of the industry: AZO underperforms 92.68% of its industry peers.
Industry RankSector Rank
Current Ratio 0.86
Quick Ratio 0.13
AZO Yearly Current Assets VS Current LiabilitesAZO Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B 8B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

5

3. AZO Growth Analysis

3.1 Past

  • The earnings per share for AZO have decreased by -4.25% in the last year.
  • AZO shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 15.01% yearly.
  • Looking at the last year, AZO shows a small growth in Revenue. The Revenue has grown by 2.43% in the last year.
  • Measured over the past years, AZO shows a quite strong growth in Revenue. The Revenue has been growing by 8.44% on average per year.
EPS 1Y (TTM)-4.25%
EPS 3Y7.22%
EPS 5Y15.01%
EPS Q2Q%-2.33%
Revenue 1Y (TTM)2.43%
Revenue growth 3Y5.23%
Revenue growth 5Y8.44%
Sales Q2Q%8.15%

3.2 Future

  • The Earnings Per Share is expected to grow by 11.89% on average over the next years. This is quite good.
  • Based on estimates for the next years, AZO will show a small growth in Revenue. The Revenue will grow by 7.30% on average per year.
EPS Next Y3.21%
EPS Next 2Y10.37%
EPS Next 3Y10.92%
EPS Next 5Y11.89%
Revenue Next Year8.47%
Revenue Next 2Y7.97%
Revenue Next 3Y7.87%
Revenue Next 5Y7.3%

3.3 Evolution

  • Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
  • The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
AZO Yearly Revenue VS EstimatesAZO Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 10B 20B 30B
AZO Yearly EPS VS EstimatesAZO Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 100 200 300

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Find the best growth stocksShow best growing peers

4

4. AZO Valuation Analysis

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 26.04 indicates a quite expensive valuation of AZO.
  • Compared to the rest of the industry, the Price/Earnings ratio of AZO indicates a somewhat cheap valuation: AZO is cheaper than 65.85% of the companies listed in the same industry.
  • AZO's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 26.83.
  • AZO is valuated rather expensively with a Price/Forward Earnings ratio of 21.06.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of AZO indicates a somewhat cheap valuation: AZO is cheaper than 62.60% of the companies listed in the same industry.
  • AZO is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 24.95, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 26.04
Fwd PE 21.06
AZO Price Earnings VS Forward Price EarningsAZO Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60

4.2 Price Multiples

  • AZO's Enterprise Value to EBITDA ratio is in line with the industry average.
  • 60.16% of the companies in the same industry are more expensive than AZO, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 33.2
EV/EBITDA 16.41
AZO Per share dataAZO EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 200 -200 400 600 800 1K

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates AZO does not grow enough to justify the current Price/Earnings ratio.
  • The excellent profitability rating of AZO may justify a higher PE ratio.
PEG (NY)8.11
PEG (5Y)1.74
EPS Next 2Y10.37%
EPS Next 3Y10.92%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. AZO Dividend Analysis

5.1 Amount

  • AZO does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

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Find the best dividend stocksShow peers with best dividend

AZO Fundamentals: All Metrics, Ratios and Statistics

AUTOZONE INC

NYSE:AZO (3/4/2026, 5:08:50 PM)

After market: 3717 0 (0%)

3717

+79.83 (+2.19%)

Chartmill FA Rating
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustrySpecialty Retail
Earnings (Last)03-03
Earnings (Next)N/A
Inst Owners94.75%
Inst Owner Change0.12%
Ins Owners0.23%
Ins Owner Change0.39%
Market Cap61.59B
Revenue(TTM)18.94B
Net Income(TTM)2.46B
Analysts80.61
Price Target4330.5 (16.51%)
Short Float %1.94%
Short Ratio1.94
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-5.26%
Min EPS beat(2)-5.46%
Max EPS beat(2)-5.06%
EPS beat(4)0
Avg EPS beat(4)-4.99%
Min EPS beat(4)-5.67%
Max EPS beat(4)-3.76%
EPS beat(8)2
Avg EPS beat(8)-2.33%
EPS beat(12)6
Avg EPS beat(12)0.38%
EPS beat(16)10
Avg EPS beat(16)3.19%
Revenue beat(2)0
Avg Revenue beat(2)-1.09%
Min Revenue beat(2)-1.16%
Max Revenue beat(2)-1.02%
Revenue beat(4)1
Avg Revenue beat(4)-0.6%
Min Revenue beat(4)-1.72%
Max Revenue beat(4)1.49%
Revenue beat(8)1
Avg Revenue beat(8)-1%
Revenue beat(12)3
Avg Revenue beat(12)-0.66%
Revenue beat(16)7
Avg Revenue beat(16)0.34%
PT rev (1m)-1.3%
PT rev (3m)-7.05%
EPS NQ rev (1m)0.08%
EPS NQ rev (3m)-6.26%
EPS NY rev (1m)-0.66%
EPS NY rev (3m)-3.99%
Revenue NQ rev (1m)-0.02%
Revenue NQ rev (3m)0.65%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.53%
Valuation
Industry RankSector Rank
PE 26.04
Fwd PE 21.06
P/S 3.19
P/FCF 33.2
P/OCF 18.95
P/B N/A
P/tB N/A
EV/EBITDA 16.41
EPS(TTM)142.74
EY3.84%
EPS(NY)176.49
Fwd EY4.75%
FCF(TTM)111.97
FCFY3.01%
OCF(TTM)196.12
OCFY5.28%
SpS1164.01
BVpS-194.85
TBVpS-213.11
PEG (NY)8.11
PEG (5Y)1.74
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA 12.53%
ROE N/A
ROCE 36.07%
ROIC 28.76%
ROICexc 29.63%
ROICexgc 30.59%
OM 18.42%
PM (TTM) 12.78%
GM 52.15%
FCFM 9.62%
ROA(3y)14.74%
ROA(5y)15.02%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)34.01%
ROIC(5y)34.88%
ROICexc(3y)35.2%
ROICexc(5y)37.22%
ROICexgc(3y)36.57%
ROICexgc(5y)38.86%
ROCE(3y)42.65%
ROCE(5y)43.74%
ROICexgc growth 3Y-9.99%
ROICexgc growth 5Y-1.06%
ROICexc growth 3Y-9.5%
ROICexc growth 5Y-0.73%
OM growth 3Y-1.79%
OM growth 5Y-0.76%
PM growth 3Y-4.08%
PM growth 5Y-0.78%
GM growth 3Y0.31%
GM growth 5Y-0.37%
F-Score6
Asset Turnover0.98
Health
Industry RankSector Rank
Debt/Equity N/A
Debt/FCF 4.65
Debt/EBITDA 2.06
Cap/Depr 221.96%
Cap/Sales 7.23%
Interest Coverage 250
Cash Conversion 77.72%
Profit Quality 75.29%
Current Ratio 0.86
Quick Ratio 0.13
Altman-Z 2.83
F-Score6
WACC9.45%
ROIC/WACC3.04
Cap/Depr(3y)190.56%
Cap/Depr(5y)175.25%
Cap/Sales(3y)5.79%
Cap/Sales(5y)5.15%
Profit Quality(3y)76.33%
Profit Quality(5y)93.39%
High Growth Momentum
Growth
EPS 1Y (TTM)-4.25%
EPS 3Y7.22%
EPS 5Y15.01%
EPS Q2Q%-2.33%
EPS Next Y3.21%
EPS Next 2Y10.37%
EPS Next 3Y10.92%
EPS Next 5Y11.89%
Revenue 1Y (TTM)2.43%
Revenue growth 3Y5.23%
Revenue growth 5Y8.44%
Sales Q2Q%8.15%
Revenue Next Year8.47%
Revenue Next 2Y7.97%
Revenue Next 3Y7.87%
Revenue Next 5Y7.3%
EBIT growth 1Y-6.03%
EBIT growth 3Y3.35%
EBIT growth 5Y7.61%
EBIT Next Year18.47%
EBIT Next 3Y12.37%
EBIT Next 5Y9.76%
FCF growth 1Y-9.93%
FCF growth 3Y-10.99%
FCF growth 5Y-4.58%
OCF growth 1Y9.14%
OCF growth 3Y-0.98%
OCF growth 5Y2.76%

AUTOZONE INC / AZO FAQ

What is the fundamental rating for AZO stock?

ChartMill assigns a fundamental rating of 5 / 10 to AZO.


Can you provide the valuation status for AUTOZONE INC?

ChartMill assigns a valuation rating of 4 / 10 to AUTOZONE INC (AZO). This can be considered as Fairly Valued.


What is the profitability of AZO stock?

AUTOZONE INC (AZO) has a profitability rating of 8 / 10.


What is the valuation of AUTOZONE INC based on its PE and PB ratios?

The Price/Earnings (PE) ratio for AUTOZONE INC (AZO) is 26.04 and the Price/Book (PB) ratio is -19.08.


How financially healthy is AUTOZONE INC?

The financial health rating of AUTOZONE INC (AZO) is 4 / 10.