Stocktoria

AUTOZONE INC AZO

NYSE · stock · Retail-Auto & Home Supply Stores · website · IPO 1991-04-02 · LEI

AUTOZONE INC statistics & valuation

Market cap$51.1B
P / E20.4×
P / S2.7×
P / FCF28.5×
Net margin13.2%
FCF margin9.5%
Net debt$8.5B
Net debt / EBITDA2×
Enterprise value USD$59.6B
EV / EBITDA14.1×
Earnings yield EBIT/EV6.1%
Return on capital36.7%

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports.

Profitability & efficiency

Net margin (%)
14.80% 14.90% 14.50% 14.40% 13.20% 2021202120212022202220222022202320242025
Gross margin (%)
52.80% 52.10% 52.00% 53.10% 52.60% 2021202120212022202220222022202320242025
Operating margin (%)
20.10% 20.10% 19.90% 20.50% 19.10% 2021202120212022202220222022202320242025
Return on equity (%)
2021202120212022202220222022202320242025
Shares outstanding
22.8M 20.7M 19.1M 17.8M 17.2M 2021202120212022202220222022202320242025
Net debt ($)
$4.29B $4.10B $3.81B $5.60B $5.79B $5.86B $6.06B $7.39B $8.73B $8.53B 2021202120212022202220222022202320242025
Share buybacks ($)
2021202120212022202220222022202320242025
Return on assets (%)
15.00% 15.90% 15.80% 15.50% 12.90% 2021202120212022202220222022202320242025
Free cash flow margin (%)
19.80% 15.60% 12.30% 10.40% 9.50% 2021202120212022202220222022202320242025
Debt / equity (×)
2021202120212022202220222022202320242025
EPS ($)
$95.19 $117.19 $132.36 $149.55 $144.87 2021202120212022202220222022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

AUTOZONE INC trades at about 21× earnings — above its 10-year norm (10-year range 13.5×–29.6×, median 18.3×).

13.5× 29.6×

Shaded band = 10-year range (13.5×–29.6×); dot = today's 21×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2022FY2022FY2022FY2021FY2021FY2021
Gross margin52.6%53.1%52.0%—52.1%———52.8%—
Operating margin19.1%20.5%19.9%—20.1%———20.1%—
Net margin13.2%14.4%14.5%—14.9%———14.8%—
FCF margin9.5%10.4%12.3%—15.6%———19.8%—
Return on assets12.9%15.5%15.8%—15.9%———15.0%—
Return on equity-73.2%-56.1%-58.1%—-68.7%———-120.7%—
Debt / equity-2.58×-1.90×-1.76×-1.65×-1.73×-1.79×-1.86×-2.25×-2.93×-2.99×
Current ratio0.880.840.800.760.770.780.770.790.870.89

Computed from company filings · US · as of 2025-08-30. Facts plus Stocktoria's own computed scores — not investment advice.