AutoZone (AZO) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

AutoZone

NYSE•Consumer Cyclical•Auto Parts

$3,169.82+32.78(0.01%)Market closed

Market Cap

$52.80B

P/E

20.5x

P/S

2.6x

AutoZone, Inc. operates as a retailer and distributor of automotive replacement parts and accessories in the United States, Mexico, and Brazil. The company offers a product line for cars, sport utility vehicles, vans, and light duty trucks, including new and remanufactured automotive hard parts, maintenance items, accessories, and non-automotive products. It also provides 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 provides 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 offers 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, tools, vehicle entertainment systems, 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, repair, collision, and shop management information software under the ALLDATA brand through alldata.com; Duralast branded products through duralastparts.com; and automotive hard parts, maintenance items, accessories, and non-automotive products through autozone.com. AutoZone, Inc. was founded in 1979 and is headquartered in Memphis, Tennessee.

How this company scores

WeakMetricSide Score: 58/100

Grade capped at D — Negative equity — the balance sheet is insolvent. Strongest: Cash & Earnings Quality (19/25); weakest: Balance Sheet & Red Flags (8/25).

Profitability14/25

Growth17/25

Balance Sheet & Red Flags8/25

Cash & Earnings Quality19/25

Strengths

Strong marginsConsistent free cash flowConsistent growthImproving margins

Grade capped at D

Negative equity — the balance sheet is insolvent.

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 20.5x5y range 16.5x – 28.1x

Currently near its 20-quarter median.

P/S · 2.6x5y range 2.5x – 3.7x

Currently near its 20-quarter median.

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

Some Concerns

Earnings Quality

Watch

FCF/Net Income has dropped below 0.7x in 4 quarters — monitor for earnings quality deterioration.

Price & Volume

Market Cap $52.80B

Metrics at a Glance

as of August 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $20.34B
Q. Revenue: $6.59B
TTM EBITDA: $4.41B
TTM Op. Income: $3.72B
Q. Op. Income: $1.32B
TTM Net Income: $2.57B
Q. Net Income: $931.60M
EPS: $57.397
Shares Out.: $16.23M

$20.34B in TTM revenue grew 7.4% YoY, reaching $6.59B last quarter. TTM EBITDA of $4.41B and TTM operating income of $3.72B show growth is flowing through to the bottom line. TTM net income of $2.57B means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 7 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 53.3%
EBITDA Margin: 23.3%
Op. Margin: 20.0%
Net Margin: 14.1%

Op. margin of 20.0% is up 0.8% YoY — cost efficiency is improving. Net margin at 14.1% and gross margin of 53.3% show how much of each revenue dollar survives to profit. Across the last 8 quarters, operating margin has risen for 2 consecutive quarters — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 20.5x
P/S Ratio: 2.6x
P/B Ratio: N/A

At 20.5x P/E, the stock trades within typical market levels. P/S of 2.6x and P/B of 0.0x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Across the last 8 quarters, P/E has fallen for 4 consecutive quarters — an improving trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $21.63B
Cash: $326.12M
Long-Term Debt: $9.08B
Book Value: $-2.50B
D/E Ratio: N/A
Debt/EBITDA: 5.9

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $1.13B
TTM Free Cash Flow: $1.82B
FCF Margin: 8.9%
FCF / Net Income: 0.7

TTM FCF of $1.82B on $1.13B in operating cash flow. The FCF / Net Income ratio of 0.7x means free cash flow covers net income — earnings are backed by cash. Across the last 8 quarters, free cash flow has risen for 2 consecutive quarters — an improving trend.