AutoZone, Inc. (AZO) financials
NYSE · Consumer Cyclical · Specialty Retail · 130,000 employees · CEO Philip Daniele
- Price
- $3,169.82 +1.04%
- Market cap
- $51B
- Enterprise value
- $63.9B
- Last report
- Q4 '26 filed 2026-10-26
- Next report
- 2026-12-08 EPS est. $35.41
Revenue (TTM)–– vs a year agoLast 4 quarters; bars = each quarter
Operating margin (TTM)–– vs a year agoOperating income –
Net income (TTM)–– vs a year agoAfter tax, incl. non-operating gains
Free cash flow (TTM)–– vs a year agoCapex –
Diluted EPS (TTM)–– vs a year agoSum of the last 4 quarters
Net cash-$12.8B-6.8% vs a year agoCash + short-term investments - debt
Valuation & key figures
- Market cap
- $51B EV $63.9B
- Revenue
- – Trailing 12 months
- Revenue growth
- +7% FY2027 consensus
- Profit margin
- – Net income / revenue, TTM
- P/E
- 20.3× Forward 18.7× (FY2027)
- P/S
- 2.5× Price / sales, TTM
- EV / EBITDA
- 15.2× TTM
- Free cash flow
- – Trailing 12 months
- Net income
- – Trailing 12 months
- Revenue estimate
- $21.8B FY2027 consensus
- Earnings
- 2026-12-08 Revenue est. $4.94B
- Dividend
- – No dividend
Key takeaways
Computed from the reported numbers - every statement carries the figure it rests on.
- Last report (2026-09-22): revenue missed by 1.6%, EPS beat by 3.6%Revenue $6.59B vs $6.7B expected (-1.6%); EPS $56.05 vs $54.08 (+3.6%).
- Revenue growth steady: 5.6% year on yearQ4 '26 revenue $6.59B, against an average of 6.3% over the four quarters before.
- Diluted share count down 1.8% in a year16.9M diluted shares in Q4 '26, 17.2M a year earlier.
- Net debt $12.8BCash + short-term investments $326M, debt incl. leases $13.2B; a year ago net debt $12B.
Last quarter: Q4 '26
Quarter ended 2026-08-29. Compared with the same quarter a year earlier and with the analyst consensus before the report.
Quarter vs a year ago
| Q4 '26 | Year ago | Change | |
|---|---|---|---|
| Revenue | $6.59B | $6.24B | +5.6% |
| Gross margin | 53.3% | 51.5% | +1.8 pp |
| Operating income | $1.32B | $1.2B | +10.1% |
| Operating margin | 20.0% | 19.2% | +0.8 pp |
| Net income | $932M | $837M | +11.3% |
| Diluted EPS | $55.81 | $48.71 | +14.6% |
| Operating cash flow | $1.13B | $953M | +18.6% |
| Capex | $436M | $442M | -1.3% |
| Free cash flow | $693M | $511M | +35.7% |
| R&D | $0 | $0 | – |
| Stock-based compensation | $0 | $39.1M | -100.0% |
Reported vs consensus
2026-09-22| Actual | Consensus | vs consensus | |
|---|---|---|---|
| Revenue | $6.59B | $6.7B | -1.6% |
| EPS (as estimated) | $56.05 | $54.08 | +3.6% |
From the report of 2026-09-22 for Q4 '26: revenue and the EPS analysts estimate (often adjusted), so it can differ from the EPS of the statements above.
EPS vs consensus
last 8 reportsRevenue
Where the money comes from - by business line and by region, quarter by quarter.
Revenue, operating income and growth
quarterlyRevenue by business line
stacked, quarterly| Segment | Q4 '26 | y/y | Share | TTM | TTM y/y | 12 quarters |
|---|---|---|---|---|---|---|
| Auto Parts Locations | $6.59B | +1.7% | 100.0% | – | – |
Margins & cost structure
How much of each unit of revenue is left at each level - and where the costs go.
Margins
quarterlyCosts as % of revenue
quarterlyCash flow & capital allocation
Cash generated, what it is spent on, and what reaches shareholders.
Operating cash flow, capex, free cash flow
quarterlyUses of cash vs operating cash flow
fiscal yearsLast 4 quarters
cash flow statement- Free cash flow
- –
- Returned to shareholders / FCF
- –
Share count and EPS
quarterly, dilutedBalance sheet
Liquidity, investments and debt at each quarter end.
Cash, investments and debt
quarter endsValuation & returns
Today's multiples against the company's own last five fiscal years; analyst targets and ratings.
Multiples and returns
TTM vs 5 fiscal years| Now | 5y average | Where today sits in the 5-year range | |
|---|---|---|---|
| P/E (TTM) | 20.3× | 20.7× | 17.9× – 28.2× |
| EV / EBITDA | 15.2× | 15.9× | 14.1× – 19.5× |
| EV / Sales | 3.1× | 3.5× | 3.0× – 4.4× |
| Price / FCF | 28.1× | 26.6× | 17.1× – 39.4× |
| Price / Book | -20.9× | – | – |
| FCF yield | 3.6% | 4.1% | 2.5% – 5.8% |
| Return on invested capital | 24.1% | 31.9% | 24.9% – 36.7% |
| Return on equity | -90.1% | -71.8% | -102.8% – -56.1% |
Analysts
Consensus target $3,600.25 (+13.6%)
range $3,000.00 – $4,230.00 · rating Buy
Strong buy1
Buy32
Hold12
Sell0
Strong sell0
Outlook
Analyst consensus for the coming fiscal years and what it implies at today's price.
Consensus estimates
| Fiscal year | Revenue | Growth | EPS | Growth | P/E at today's price | Analysts (EPS) |
|---|---|---|---|---|---|---|
| FY2027 | $21.8B | +7.1% | $169.70 | +11.2% | 18.7× | 21 |
| FY2028 | $23.3B | +7.0% | $191.28 | +12.7% | 16.6× | 20 |
| FY2029 | $24.9B | +6.7% | $216.18 | +13.0% | 14.7× | 9 |
| FY2030 | $26.5B | +6.3% | $256.80 | +18.8% | 12.3× | 4 |
Financial statements
Every line of the income statement, balance sheet and cash flow statement - 12 quarters and 10 fiscal years, as values, as % of revenue or as growth.
Every reported line
All 265 figures AutoZone, Inc. tagged in its recent 10-Q / 10-K filings, with the official SEC label and definition - including the notes (leases, taxes, buybacks, employees, ...).
| Line (SEC label) | Latest quarter | Year ago | y/y | Latest FY | Prior FY | y/y |
|---|---|---|---|---|---|---|
| – | – | – | $7.61M | – | – | |
| – | – | – | 0.2% | – | – | |
| – | – | – | $25.6M | – | – | |
| – | – | – | $218M | – | – | |
| Accounts Payable, Current | $8.6B | $8.03B | +7.1% | $8.6B | $8.03B | +7.1% |
| Accounts Receivable, after Allowance for Credit Loss, Current | $755M | $670M | +12.7% | $755M | $670M | +12.7% |
| Accounts Receivable, Allowance for Credit Loss, Current | $15.3M | $11.7M | +30.8% | $15.3M | $11.7M | +30.8% |
| Accrued Income Taxes, Current | $54.4M | $58.7M | -7.4% | $54.4M | $58.7M | -7.4% |
| Accrued Insurance, Current | $111M | $95.2M | +16.2% | $111M | $95.2M | +16.2% |
| Accrued Liabilities, Current | $1.16B | $1.15B | +0.3% | $1.16B | $1.15B | +0.3% |
| Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment | $6.12B | $5.49B | +11.4% | $6.12B | $5.49B | +11.4% |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | -$159M | -$285M | +44.2% | -$159M | -$285M | +44.2% |
| Additional Paid in Capital, Common Stock | $2.04B | $1.84B | +10.5% | $2.04B | $1.84B | +10.5% |
| Advertising Expense | – | – | – | $101M | $110M | -7.6% |
| Amortization of Debt Issuance Costs and Discounts | – | – | – | $12.5M | $12.8M | -2.3% |
| APIC, Share-based Payment Arrangement, Increase for Cost Recognition | – | – | – | $143M | $120M | +19.2% |
| Assets | $21.6B | $19.4B | +11.8% | $21.6B | $19.4B | +11.8% |
| Assets Held-in-trust | $120M | $117M | +2.1% | $120M | $117M | +2.1% |
| Assets, Current | $9.11B | $8.34B | +9.2% | $9.11B | $8.34B | +9.2% |
| Assets, Noncurrent, Other than Noncurrent Investments and Property, Plant and Equipment | $3.95B2025-08-30 | $3.69B | +7.2% | $3.95B2025-08-30 | $3.69B | +7.2% |
| Buildings and Improvements, Gross | $6.68B | $5.79B | +15.3% | $6.68B | $5.79B | +15.3% |
| Capitalized Computer Software, Amortization | – | – | – | $1.2M | $0 | – |
| Capitalized Computer Software, Net | – | – | – | $02024-08-31 | – | – |
| Cash and Cash Equivalents, at Carrying Value | $326M | $272M | +20.0% | $326M | $272M | +20.0% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Including Disposal Group and Discontinued Operations | $326M | $272M | +20.0% | $326M | $272M | +20.0% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | – | – | – | $54.3M | -$26.4M | +306.0% |
| Common Stock, Capital Shares Reserved for Future Issuance | 108K | 113K | -4.2% | 108K | 113K | -4.2% |
| Common Stock, Par or Stated Value Per Share | $0.01 | $0.01 | 0.0% | $0.01 | $0.01 | 0.0% |
| Common Stock, Shares Authorized | 200M | 200M | 0.0% | 200M | 200M | 0.0% |
| Common Stock, Shares, Issued | 16.6M | 16.9M | -1.8% | 16.6M | 16.9M | -1.8% |
| Common Stock, Shares, Outstanding | 16.2M | 16.7M | -3.0% | 16.2M | 16.7M | -3.0% |
| Common Stock, Value, Issued | $166K | $169K | -1.8% | $166K | $169K | -1.8% |
| Comprehensive Income (Loss), Net of Tax, Attributable to Parent | – | – | – | $2.7B | $2.57B | +4.8% |
| Construction in Progress, Gross | $467M | $644M | -27.5% | $467M | $644M | -27.5% |
| Cost of Goods and Services Sold | – | – | – | $9.69B | $8.97B | +8.0% |
| Current Federal Tax Expense (Benefit) | – | – | – | $419M | $610M | -31.4% |
| Current Foreign Tax Expense (Benefit) | – | – | – | $205M | $182M | +12.6% |
| Current Income Tax Expense (Benefit) | – | – | – | $553M | $610M | -9.3% |
| Current State and Local Tax Expense (Benefit) | – | – | – | $84.5M | $68.3M | +23.7% |
| Debt Instrument, Fair Value Disclosure | $9B | $8.9B | +1.1% | $9B | $8.9B | +1.1% |
| Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net | $46.7M | $48.8M | -4.4% | $46.7M | $48.8M | -4.4% |
| Debt Securities, Available-for-sale | $134M | $124M | +7.8% | $134M | $124M | +7.8% |
| Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax | $69K | $1.49M | -95.4% | $69K | $1.49M | -95.4% |
| Debt Securities, Available-for-sale, Accumulated Gross Unrealized Loss, before Tax | $1.82M | $318K | +471.7% | $1.82M | $318K | +471.7% |
| Debt Securities, Available-for-sale, Amortized Cost | $136M | $123M | +10.2% | $136M | $123M | +10.2% |
| Debt Securities, Available-for-Sale, Amortized Cost, Maturity, Allocated and Single Maturity Date, after Year 10 | $13.5M | $15.1M | -11.0% | $13.5M | $15.1M | -11.0% |
| Debt Securities, Available-for-Sale, Amortized Cost, Maturity, Allocated and Single Maturity Date, after Year 5 Through 10 | $29.8M | $31.6M | -5.6% | $29.8M | $31.6M | -5.6% |
| Debt Securities, Available-for-Sale, Amortized Cost, Maturity, Allocated and Single Maturity Date, after Year One Through Five | $76.9M | $56.3M | +36.7% | $76.9M | $56.3M | +36.7% |
| Debt Securities, Available-for-Sale, Amortized Cost, Maturity, Allocated and Single Maturity Date, Year One | $15.3M | $20M | -23.4% | $15.3M | $20M | -23.4% |
| Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, after Year 10 | $13.3M | $15.2M | -12.8% | $13.3M | $15.2M | -12.8% |
| Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, after Year 5 Through 10 | $29M | $32M | -9.3% | $29M | $32M | -9.3% |
| Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, after Year One Through Five | $77.5M | $58.3M | +33.0% | $77.5M | $58.3M | +33.0% |
| Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, Year One | $14M | $18.7M | -25.1% | $14M | $18.7M | -25.1% |
| Debt Securities, Available-for-sale, Unrealized Loss Position, Accumulated Loss | $1.8M | – | – | $1.8M | – | – |
| Debt Securities, Available-for-sale, Unrealized Loss Position, Number of Positions | 222 security | 29 security | +665.5% | 222 security | 29 security | +665.5% |
| Debt, Long-term and Short-term, Combined Amount | $9.13B | $8.85B | +3.1% | $9.13B | $8.85B | +3.1% |
| Decrease in Unrecognized Tax Benefits is Reasonably Possible | $900K2025-08-30 | $13.1M | -93.1% | $900K2025-08-30 | $13.1M | -93.1% |
| Deferred Federal Income Tax Expense (Benefit) | – | – | – | $370M | $77.8M | +375.6% |
| Deferred Foreign Income Tax Expense (Benefit) | – | – | – | -$50.4M | -$28.2M | -78.7% |
| Deferred Income Tax Assets, Net | $180M | $118M | +52.2% | $180M | $118M | +52.2% |
Source: SEC companyfacts (XBRL of every 10-Q / 10-K). Cash-flow quarters are derived from the year-to-date figures the 10-Q tags. Segment breakdowns are tagged with dimensions and are shown in the segment section instead.
Sources
Statements, segment revenue, metrics, estimates: Financial Modeling Prep. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-K 2026-08-29, 10-Q 2026-05-09, 10-Q 2026-02-14, 10-Q 2025-11-22, 10-K 2025-08-30, 10-Q 2025-05-10, 10-Q 2025-02-15, 10-Q 2024-11-23, 10-K 2024-08-31
Data as of 2026-11-02