(AZO) AutoZone - NYSE
Sector: Consumer Cyclical | Industry: Auto Parts | Exchange: NYSE (USA) | Market Cap: 51.199m USD | Total Return: -16.2% in 12m
Avg Turnover: 1.16B
EPS Trend: 64.0%
Qual. Beats: 1
Rev. Trend: 99.0%
Qual. Beats: 0
Warnings
Altman Z'' 0.17 < 1.0 - financial distress zone
Choppy Below Avwap Earnings
Tailwinds
Confidence
AutoZone is a large-cap U.S. retailer and distributor of automotive replacement parts and accessories, operating stores in the United States, Mexico, and Brazil. The company sells new and remanufactured hard parts, maintenance items, and accessories for cars, SUVs, vans, and light-duty trucks, covering a broad catalog that includes batteries, brakes, filters, engine components, fluids, and tire repair products, alongside non-automotive merchandise such as tools, air fresheners, and snacks. In addition to serving do-it-yourself consumers, AutoZone runs a commercial sales program that provides credit and delivery to repair shops and fleet operators, and it sells diagnostic and shop-management software through the ALLDATA brand. E-commerce is handled through autozone.com and duralastparts.com, the latter promoting its private-label Duralast parts. The company was founded in 1979 and is headquartered in Memphis, Tennessee, and is classified within the Consumer Discretionary sector under Automotive Retail. The auto parts retail industry tends to be relatively defensive, as demand is supported by the large installed base of vehicles on the road and by a mix of DIY consumers and professional service accounts, with private-label brands commonly used to drive margins.
- Aging US vehicle fleet drives DIY replacement parts demand
- Commercial same-store sales accelerate as shop count expands
- Share repurchases and dividend hikes continue supporting EPS growth
| Net Income: 2.48b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.08 > 0.02 and ΔFCF/TA -2.94 > 1.0 |
| NWC/Revenue: -5.51% < 20% (prev -7.83%; Δ 2.32% < -1%) |
| CFO/TA 0.15 > 3% & CFO 3.07b > Net Income 2.48b |
| Net Debt (15.9b) to EBITDA (4.26b): 3.72 < 3 |
| Current Ratio: 0.89 > 1.5 & < 3 |
| Outstanding Shares: last quarter (16.9m) vs 12m ago -2.06% < -2% |
| Gross Margin: 51.75% > 18% (prev 52.95%; Δ -1.19% > 0.5%) |
| Asset Turnover: 101.1% > 50% (prev 101.5%; Δ -0.40% > 0%) |
| Interest Coverage Ratio: 7.63 > 6 (EBIT TTM 3.60b / Interest Expense TTM 472.1m) |
| A: -0.05 (Total Current Assets 8.93b - Total Current Liabilities 10.0b) / Total Assets 20.9b |
| B: -0.18 (Retained Earnings -3.75b / Total Assets 20.9b) |
| C: 0.18 (EBIT TTM 3.60b / Avg Total Assets 19.8b) |
| D: -0.12 (Book Value of Equity -2.78b / Total Liabilities 23.7b) |
| Altman-Z'' = 0.17 = B |
| DSRI: 1.23 (Receivables 764.9m/588.5m, Revenue 20.0b/18.9b) |
| GMI: 1.02 (GM 52.95% / 51.75%) |
| AQI: 0.90 (AQ_t 0.04 / AQ_t-1 0.04) |
| SGI: 1.06 (Revenue 20.0b / 18.9b) |
| TATA: -0.03 (NI 2.48b - CFO 3.07b) / TA 20.9b) |
| Beneish M = -2.84 (Cap -4..+1) = A |
As of June 21, 2026, the stock is trading at USD 3064.48 with a total of 1,038,400 shares traded.
Over the past week, the price has changed by -0.56%,
over one month by -8.45%,
over three months by -8.29% and
over the past year by -16.16%.
AutoZone has received a consensus analysts rating of 4.34. Therefore, it is recommended to buy AZO.
- StrongBuy: 17
- Buy: 6
- Hold: 5
- Sell: 1
- StrongSell: 0
| Analysts Target Price | 3969.4 | 29.5% |
P/E Trailing = 21.5057
P/E Forward = 17.8253
P/S = 2.5617
P/B = 13.383
P/EG = 1.4149
Revenue TTM = 20.0b USD
EBIT TTM = 3.60b USD
EBITDA TTM = 4.26b USD
Long Term Debt = 8.80b USD (from longTermDebt, last fiscal year)
Short Term Debt = 336.3m USD (from shortTermDebt, last quarter)
Debt = 16.1b USD (from shortLongTermDebtTotal, last quarter) + Leases 3.50b
Net Debt = 15.9b USD (calculated: Debt 16.1b - CCE 253.7m)
Enterprise Value = 67.1b USD (51.2b + Debt 16.1b - CCE 253.7m)
Interest Coverage Ratio = 7.63 (Ebit TTM 3.60b / Interest Expense TTM 472.1m)
EV/FCF = 41.07x (Enterprise Value 67.1b / FCF TTM 1.63b)
FCF Yield = 2.43% (FCF TTM 1.63b / Enterprise Value 67.1b)
FCF Margin = 8.17% (FCF TTM 1.63b / Revenue TTM 20.0b)
Net Margin = 12.40% (Net Income TTM 2.48b / Revenue TTM 20.0b)
Gross Margin = 51.75% ((Revenue TTM 20.0b - Cost of Revenue TTM 9.64b) / Revenue TTM)
Gross Margin QoQ = 52.15% (prev 52.49%)
Tobins Q-Ratio = 3.21 (Enterprise Value 67.1b / Total Assets 20.9b)
Interest Expense / Debt = 2.93% (Interest Expense 472.1m / Debt 16.1b)
Taxrate = 20.84% (652.3m / 3.13b)
NOPAT = 2.85b (EBIT 3.60b * (1 - 20.84%))
Current Ratio = 0.89 (Total Current Assets 8.93b / Total Current Liabilities 10.0b)
Debt / Equity = -5.79 (negative equity) (Debt 16.1b / totalStockholderEquity, last quarter -2.78b)
Debt / EBITDA = 3.72 (Net Debt 15.9b / EBITDA 4.26b)
Debt / FCF = 9.72 (Net Debt 15.9b / FCF TTM 1.63b)
Total Stockholder Equity = -3.08b (last 4 quarters mean from totalStockholderEquity)
RoA = 12.54% (Net Income 2.48b / Total Assets 20.9b)
RoE = -80.35% (negative equity) (Net Income TTM 2.48b / Total Stockholder Equity -3.08b)
RoCE = 63.03% (EBIT 3.60b / Capital Employed (Equity -3.08b + L.T.Debt 8.80b))
RoIC = 26.01% (NOPAT 2.85b / Invested Capital 11.0b)
WACC = 5.76% (E(51.2b)/V(67.3b) * Re(6.84%) + D(16.1b)/V(67.3b) * Rd(2.93%) * (1-Tc(0.21)))
Discount Rate = 6.84% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -98.88 | Cagr: -2.47%
[DCF] Terminal Value 73.10% ; FCFF base≈1.78b ; Y1≈1.56b ; Y5≈1.26b
[DCF] Fair Price = 267.1 (EV 20.3b - Net Debt 15.9b = Equity 4.37b / Shares 16.4m; r=8.35% [WACC [floored]]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: 63.96 | EPS CAGR: 3.02% | SUE: 1.07 | # QB: 1
Revenue Correlation: 98.99 | Revenue CAGR: 4.74% | SUE: -0.69 | # QB: 0
EPS next Quarter (2026-11-30): EPS=38.14 | Chg30d=-0.42% | Revisions=+0% | Analysts=15
EPS current Year (2026-08-31): EPS=151.11 | Chg30d=+1.67% | Revisions=+76% | GrowthEPS=+4.3% | GrowthRev=+8.1%
EPS next Year (2027-08-31): EPS=175.49 | Chg30d=+0.29% | Revisions=+4% | GrowthEPS=+16.1% | GrowthRev=+7.4%
[Analyst] Revisions Ratio: +76%