(AZO) AutoZone - Overview

Sector: Consumer Cyclical | Industry: Auto Parts | Exchange: NYSE (USA) | Market Cap: 55.991m USD | Total Return: -11.9% in 12m

Replacement Parts, Maintenance Items, Accessories, Tools, Repair Software
Total Rating 43
Safety 48
Buy Signal -0.45
Auto Parts
Industry Rotation: +2.7
Market Cap: 56.0B
Avg Turnover: 928M
Risk 3d forecast
Volatility23.7%
VaR 5th Pctl4.22%
VaR vs Median8.16%
Reward TTM
Sharpe Ratio-0.54
Rel. Str. IBD15.9
Rel. Str. Peer Group34.4
Character TTM
Beta0.338
Beta Downside0.338
Hurst Exponent0.609
Drawdowns 3y
Max DD25.48%
CAGR/Max DD0.48
CAGR/Mean DD1.91
EPS (Earnings per Share) EPS (Earnings per Share) of AZO over the last years for every Quarter: "2021-05": 26.48, "2021-08": 35.72, "2021-11": 25.69, "2022-02": 22.3, "2022-05": 29.03, "2022-08": 40.51, "2022-11": 27.45, "2023-02": 24.64, "2023-05": 34.12, "2023-08": 46.46, "2023-11": 32.55, "2024-02": 28.89, "2024-05": 36.69, "2024-08": 48.11, "2024-11": 32.52, "2025-02": 35.36, "2025-05": 35.36, "2025-08": 48.71, "2025-11": 31.04, "2026-02": 27.63,
EPS CAGR: 5.18%
EPS Trend: 79.1%
Last SUE: 0.13
Qual. Beats: 0
Revenue Revenue of AZO over the last years for every Quarter: 2021-05: 3651.023, 2021-08: 4913.484, 2021-11: 3668.904, 2022-02: 3369.75, 2022-05: 3865.222, 2022-08: 5348.355, 2022-11: 3985.067, 2023-02: 3690.982, 2023-05: 4090.541, 2023-08: 5690.618, 2023-11: 4190.277, 2024-02: 3859.126, 2024-05: 4235.485, 2024-08: 6205.38, 2024-11: 4279.641, 2025-02: 3952.012, 2025-05: 4464.339, 2025-08: 6242.726, 2025-11: 4628.63, 2026-02: 4274.098,
Rev. CAGR: 4.71%
Rev. Trend: 99.0%
Last SUE: -1.07
Qual. Beats: -1

Warnings

Altman Z'' -0.01 < 1.0 - financial distress zone

Choppy Below Avwap Earnings

Tailwinds

No distinct edge detected

Description: AZO AutoZone

AutoZone, Inc. (AZO) is a leading retailer and distributor of automotive replacement parts, maintenance items, and accessories across the United States, Mexico, and Brazil. The company serves both do-it-yourself (DIY) customers and professional installers through its extensive retail network and commercial sales programs. Its product portfolio encompasses hard parts, such as engines and brake systems, alongside maintenance fluids and diagnostic software under the ALLDATA brand.

The automotive aftermarket industry is historically resilient during economic downturns, as consumers often opt to repair existing vehicles rather than purchase new ones. AutoZone’s business model leverages high-margin private label brands, such as Duralast, to drive profitability and maintain competitive pricing in the specialty retail sector.

For a deeper look into the companys historical valuation trends, you may find further insights on ValueRay. Founded in 1979 and headquartered in Memphis, Tennessee, AutoZone continues to expand its digital footprint through integrated e-commerce platforms catering to both retail and commercial segments.

Headlines to Watch Out For
  • Rising average vehicle age increases demand for non-discretionary maintenance and repair parts
  • Commercial sales growth initiatives capture market share in fragmented professional repair sector
  • Aggressive share repurchase programs drive consistent earnings per share and valuation growth
  • Inflationary pressure on logistics and labor costs impacts gross and operating margins
  • Consumer spending sensitivity to fuel prices and interest rates affects discretionary accessory sales
Piotroski VR‑10 (Strict) 5.5
Net Income: 2.45b TTM > 0 and > 6% of Revenue
FCF/TA: 0.08 > 0.02 and ΔFCF/TA -3.29 > 1.0
NWC/Revenue: -5.38% < 20% (prev -7.84%; Δ 2.47% < -1%)
CFO/TA 0.15 > 3% & CFO 3.04b > Net Income 2.45b
Net Debt (12.13b) to EBITDA (4.19b): 2.89 < 3
Current Ratio: 0.89 > 1.5 & < 3
Outstanding Shares: last quarter (17.1m) vs 12m ago -0.83% < -2%
Gross Margin: 51.88% > 18% (prev 0.53%; Δ 5.13k% > 0.5%)
Asset Turnover: 101.7% > 50% (prev 103.1%; Δ -1.35% > 0%)
Interest Coverage Ratio: 7.50 > 6 (EBITDA TTM 4.19b / Interest Expense TTM 472.8m)
Altman Z'' -0.01
A: -0.05 (Total Current Assets 8.83b - Total Current Liabilities 9.89b) / Total Assets 20.44b
B: -0.21 (Retained Earnings -4.39b / Total Assets 20.44b)
C: 0.18 (EBIT TTM 3.54b / Avg Total Assets 19.28b)
D: -0.19 (Book Value of Equity -4.55b / Total Liabilities 23.35b)
Altman-Z'' Score: -0.01 = B
Beneish M -2.97
DSRI: 1.11 (Receivables 698.4m/597.4m, Revenue 19.61b/18.67b)
GMI: 1.02 (GM 51.88% / 53.13%)
AQI: 0.90 (AQ_t 0.04 / AQ_t-1 0.04)
SGI: 1.05 (Revenue 19.61b / 18.67b)
TATA: -0.03 (NI 2.45b - CFO 3.04b) / TA 20.44b)
Beneish M-Score: -2.97 (Cap -4..+1) = A
What is the price of AZO shares? As of May 21, 2026, the stock is trading at USD 3419.36 with a total of 358,586 shares traded.
Over the past week, the price has changed by +1.56%, over one month by -4.55%, over three months by -8.78% and over the past year by -11.88%.
Is AZO a buy, sell or hold? 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
What are the forecasts/targets for the AZO price?
Analysts Target Price 4204.7 23%
AutoZone (AZO) - Fundamental Data Overview as of 16 May 2026
P/E Trailing = 23.696
P/E Forward = 19.685
P/S = 2.8553
P/B = 13.383
P/EG = 1.5983
Revenue TTM = 19.61b USD
EBIT TTM = 3.54b USD
EBITDA TTM = 4.19b USD
Long Term Debt = 8.91b USD (from longTermDebt, last quarter)
Short Term Debt = 329.1m USD (from shortTermDebt, last quarter)
Debt = 12.41b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 12.13b USD (from netDebt column, last quarter)
Enterprise Value = 68.12b USD (55.99b + Debt 12.41b - CCE 285.5m)
Interest Coverage Ratio = 7.50 (Ebit TTM 3.54b / Interest Expense TTM 472.8m)
EV/FCF = 42.58x (Enterprise Value 68.12b / FCF TTM 1.60b)
FCF Yield = 2.35% (FCF TTM 1.60b / Enterprise Value 68.12b)
FCF Margin = 8.16% (FCF TTM 1.60b / Revenue TTM 19.61b)
Net Margin = 12.47% (Net Income TTM 2.45b / Revenue TTM 19.61b)
Gross Margin = 51.88% ((Revenue TTM 19.61b - Cost of Revenue TTM 9.44b) / Revenue TTM)
Gross Margin QoQ = 52.49% (prev 50.97%)
Tobins Q-Ratio = 3.33 (Enterprise Value 68.12b / Total Assets 20.44b)
Interest Expense / Debt = 0.86% (Interest Expense 107.2m / Debt 12.41b)
Taxrate = 20.70% (122.4m / 591.3m)
NOPAT = 2.81b (EBIT 3.54b * (1 - 20.70%))
Current Ratio = 0.89 (Total Current Assets 8.83b / Total Current Liabilities 9.89b)
 Debt / Equity = -4.27 (negative equity) (Debt 12.41b / totalStockholderEquity, last quarter -2.91b)
 Debt / EBITDA = 2.89 (Net Debt 12.13b / EBITDA 4.19b)
Debt / FCF = 7.58 (Net Debt 12.13b / FCF TTM 1.60b)
Total Stockholder Equity = -3.38b (last 4 quarters mean from totalStockholderEquity)
RoA = 12.68% (Net Income 2.45b / Total Assets 20.44b)
 RoE = -72.31% (negative equity) (Net Income TTM 2.45b / Total Stockholder Equity -3.38b)
 RoCE = 64.15% (EBIT 3.54b / Capital Employed (Equity -3.38b + L.T.Debt 8.91b))
RoIC = 51.92% (NOPAT 2.81b / Invested Capital 5.41b)
WACC = 5.99% (E(55.99b)/V(68.40b) * Re(7.17%) + D(12.41b)/V(68.40b) * Rd(0.86%) * (1-Tc(0.21)))
Discount Rate = 7.17% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.92%
Shares (quarterly) Correlation: -98.88 | Cagr: -2.81%
[DCF] Terminal Value 85.43% ; FCFF base≈1.77b ; Y1≈1.62b ; Y5≈1.44b
[DCF] Fair Price = 1.90k (EV 43.39b - Net Debt 12.13b = Equity 31.26b / Shares 16.5m; r=6.0% [WACC]; 5y FCF grow -10.39% → 3.0% )
EPS Correlation: 79.12 | EPS CAGR: 5.18% | SUE: 0.13 | # QB: 0
Revenue Correlation: 99.04 | Revenue CAGR: 4.71% | SUE: -1.07 | # QB: -1
EPS current Quarter (2026-05-31): EPS=35.99 | Chg30d=-0.02% | Revisions=+4% | Analysts=22
EPS current Year (2026-08-31): EPS=148.49 | Chg30d=-0.03% | Revisions=+31% | GrowthEPS=+2.5% | GrowthRev=+8.3%
EPS next Year (2027-08-31): EPS=174.74 | Chg30d=+0.15% | Revisions=-4% | GrowthEPS=+17.7% | GrowthRev=+7.4%
[Analyst] Revisions Ratio: +31%