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

$2,844.31-4.73(<0.01%)After hours

Market Cap

$46.84B

P/E

18.9x

P/S

2.3x

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: 48/100

Grade capped at D — Negative equity — the balance sheet is insolvent. Strongest: Growth (15/25); weakest: Balance Sheet & Red Flags (8/25).

Profitability11/25

Growth15/25

Balance Sheet & Red Flags8/25

Cash & Earnings Quality14/25

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 · 18.9x5y range 15.1x – 28.1x

Currently near its 20-quarter median.

P/S · 2.3x5y range 2.2x – 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

Margin Pressure

Watch

Operating margins declined 8.1% — watch for continued compression, which may signal competitive or cost pressure.

Earnings Quality

Watch

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

Price & Volume

Market Cap $46.84B

Metrics at a Glance

as of May 2026

Revenue & Profit

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

TTM Revenue: $19.99B
Q. Revenue: $4.84B
TTM EBITDA: $4.26B
TTM Op. Income: $3.60B
Q. Op. Income: $923.76M
TTM Net Income: $2.48B
Q. Net Income: $641.49M
EPS: $38.95
Shares Out.: $16.47M

$19.99B in TTM revenue grew 5.7% YoY, reaching $4.84B last quarter. TTM EBITDA of $4.26B and TTM operating income of $3.60B show growth is flowing through to the bottom line. TTM net income of $2.48B 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: 52.2%
EBITDA Margin: 22.4%
Op. Margin: 19.1%
Net Margin: 13.3%

Op. margin of 19.1% is down 0.3% YoY — costs are rising relative to revenue. Net margin at 13.3% and gross margin of 52.2% show how much of each revenue dollar survives to profit. Over the past year, operating margin is down 2% — an improving trend.

Price Ratios

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

P/E Ratio: 18.9x
P/S Ratio: 2.3x
P/B Ratio: N/A

At 18.9x P/E, the stock trades within typical market levels. P/S of 2.3x 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 3 consecutive quarters — an improving trend.

Assets & Liabilities

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

Total Assets: $20.92B
Cash: $253.73M
Long-Term Debt: $9.02B
Book Value: $-2.78B
D/E Ratio: N/A
Debt/EBITDA: 8.3

Cash Flow

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

Op. Cash Flow: $801.99M
TTM Free Cash Flow: $1.63B
FCF Margin: 8.2%
FCF / Net Income: 0.7

TTM FCF of $1.63B on $801.99M in operating cash flow. The FCF / Net Income ratio of 0.7x means cash covers only part of net income — earnings quality needs attention. Over the past year, free cash flow is down 18% — an improving trend.