Overview
AUTOZONE INC
Latest 10-K: FY2026, filed Oct 26, 2026 · Open the 10-K on SEC EDGAR ↗
- Revenue
- $20.34B
- 7.4%YoYup from FY2025
- TotalRevenue
- Gross profit
- $10.64B
- 6.8%YoYup from FY2025
- GrossProfit
- Operating income
- $3.72B
- 3.1%YoYup from FY2025
- OperatingIncome
- Net income
- $2.57B
- 3.0%YoYup from FY2025
- NetIncome
- Diluted EPS
- $152.55
- 5.3%YoYup from FY2025
- EPSDiluted
- Diluted shares
- 16.9M
- 2.2%YoYdown from FY2025
- WeightedAvgSharesDiluted
At a glance
Growth
- AUTOZONE INC reported revenue of $20.34B for fiscal 2026, up 7.4% from fiscal 2025.
- Revenue grew faster than the median S&P 500 member in 3 of the last 4 fiscal years.
Profitability
- Operating margin was 18.3% and net margin was 12.6%.
Per share
- Diluted EPS was $152.55, up 5.3% from the prior year.
Written from the filed figures on this page by fixed rules — no AI.
Data as of Oct 31, 2026 · Sources: SEC EDGAR 10-K
Financial statements
Annual figures from the 10-K, most recent fiscal year first.
Income Statement
5 annual periodsChip: YoY change.
| Line item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | 4Y CAGR |
|---|---|---|---|---|---|---|
| Revenue | $20.34B7.4%up | $18.94B2.4%up Benchmark median 6.4% | $18.49B5.9%up Benchmark median 4.5% | $17.46B7.4%up Benchmark median 4.8% | $16.25B11.1%up Benchmark median 10.3% | 5.8% |
| Gross Profit Median of 315 / 498 | $10.64B6.8%up | $9.97B1.5%up Benchmark median 6.8% | $9.82B8.2%up Benchmark median 5.5% | $9.07B7.1%up Benchmark median 5.2% | $8.47B9.8%up Benchmark median 8.3% | 5.9% |
| Operating Income Median of 373 / 498 | $3.72B3.1%up | $3.61B4.7%down Benchmark median 7.3% | $3.79B9.1%up Benchmark median 7.4% | $3.47B6.2%up Benchmark median 4.9% | $3.27B11.1%up Benchmark median 7.5% | 3.3% |
| Net Income | $2.57B3.0%up | $2.50B6.2%down Benchmark median 4.8% | $2.66B5.3%up Benchmark median 5.7% | $2.53B4.1%up Benchmark median 1.9% | $2.43B11.9%up Benchmark median 1.3% | 1.4% |
| EPS (Diluted) | $152.555.3%up | $144.873.1%down Benchmark median 6.2% | $149.5513.0%up Benchmark median 7.9% | $132.3612.9%up Benchmark median 1.9% | $117.1923.1%up Benchmark median 1.5% | 6.8% |
Balance Sheet
5 annual periodsChip: YoY change.
| Line item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | 4Y CAGR |
|---|---|---|---|---|---|---|
| Total Assets | $21.63B11.8%up | $19.36B12.7%up Benchmark median 5.6% | $17.18B7.4%up Benchmark median 3.4% | $15.99B4.7%up Benchmark median 4.1% | $15.28B5.2%up Benchmark median 2.2% | 9.1% |
| Total Liabilities Median of 357 / 498 | — | — | — | — | — | — |
| Stockholders' Equity | negative: -$2.50Bn/m | negative: -$3.41Bn/m Benchmark median 6.8% | negative: -$4.75Bn/m Benchmark median 5.4% | negative: -$4.35Bn/m Benchmark median 7.3% | negative: -$3.54Bn/m Benchmark median 2.5% | n/m |
| Cash & Equivalents | $326.12M20.0%up | $271.80M8.8%down Benchmark median 5.2% | $298.17M7.6%up Benchmark median 1.9% | $277.05M4.8%up Benchmark median 6.7% | $264.38M77.4%down Benchmark median -8.6% | 5.4% |
| Total Debt | $9.13B3.1%up | $8.85B2.5%down Benchmark median 2.1% | $9.08B17.8%up Benchmark median 0.2% | $7.71B25.3%up Benchmark median 0.3% | $6.15B16.1%up Benchmark median 0.1% | 10.4% |
Cash Flow Statement
5 annual periodsChip: YoY change.
| Line item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | 4Y CAGR |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $3.25B4.2%up | $3.12B3.8%up Benchmark median 6.3% | $3.00B2.2%up Benchmark median 4.8% | $2.94B8.4%down Benchmark median 9.9% | $3.21B8.7%down Benchmark median -0.7% | 0.3% |
| Capital Expenditures | $1.43B8.0%up | $1.33B23.7%up Benchmark median 5.4% | $1.07B34.6%up Benchmark median 2.8% | $0.80B18.5%up Benchmark median 11.3% | $0.67B8.1%up Benchmark median 14.0% | 20.8% |
| Free Cash Flow Median of 378 / 498 | $1.82B1.4%up | $1.79B7.3%down Benchmark median 7.3% | $1.93B9.9%down Benchmark median 6.1% | $2.14B15.5%down Benchmark median 8.8% | $2.54B12.4%down Benchmark median -11.3% | -8.0% |
n/m: not meaningful — the base (the prior year, or the first year for the CAGR) was zero or negative, or a per-share figure’s share basis changed (stock split). “—” means the figure is not available.
Benchmark median = median of the companies in the benchmark universe on Dec 31 of each fiscal year, from their own 10-K filings; a change counts only companies whose prior year was positive. Each median uses every member that reports the line item; where fewer than 80% do (banks and insurers file no gross profit), the row names how many. Published where at least 250 companies report it. Updated 2026-10-27. This compares reported figures, not share-price returns. Methodology
Ratios & valuation
FY2026Every ratio read two ways: Wall Street’s popular formula and the value investor’s stricter one. Same question, same unit. Pick a ratio.
Valuation · Book yield
Net assets behind a dollar of market value
n/m
Wall Street
on book equity
FY2025 n/m
n/m
Value investor
on tangible book
FY2025 n/m
How it’s calculated
Wall Street · on book equity
Book value of equity ÷ market capitalisation (1 ÷ P/B)
pb_ratio (ratio table)
Value investor · on tangible book
Tangible book value (equity less goodwill and intangibles) ÷ market capitalisation
tangible_book_value_per_share ÷ (pb_ratio × book_value_per_share)
Quality · Return on capital
Profit earned on the money in the business
n/m
Wall Street
ROE: net income ÷ equity
FY2025 n/m
— Not reported
Value investor
ROIC: after-tax operating profit ÷ invested capital
FY2025 30.2%
How it’s calculated
Wall Street · ROE: net income ÷ equity
Net income ÷ average stockholders' equity (start and end of year), including noncontrolling interests. Buybacks shrink equity and lift it.
return_on_equity (ratio table)
Value investor · ROIC: after-tax operating profit ÷ invested capital
Operating profit after tax ÷ invested capital (total assets − cash − non-interest-bearing current liabilities), so leverage cannot flatter it
roic (ratio table)
Quality · Cash margin
Cash profit kept from each dollar of sales
— Not reported
Wall Street
EBITDA margin
FY2025 22.3%
8.9%
Value investor
Free-cash-flow margin
FY2025 9.5%
How it’s calculated
Wall Street · EBITDA margin
EBITDA ÷ revenue
ebitda ÷ revenue
Value investor · Free-cash-flow margin
(Operating cash flow − capital expenditures) ÷ revenue: taxes, interest, working capital and capex all paid
free cash flow ÷ revenue
Balance sheet · Debt cover
How many times one year of earnings repays all debt
— Not reported
Wall Street
EBITDA ÷ total debt
FY2025 0.48×
0.20×
Value investor
FCF ÷ total debt
FY2025 0.20×
How it’s calculated
Wall Street · EBITDA ÷ total debt
EBITDA ÷ total debt (short-term + long-term)
ebitda ÷ total debt
Value investor · FCF ÷ total debt
Free cash flow ÷ total debt: what is actually left to repay it
free cash flow ÷ total debt
Each ratio measures one thing two ways, in the same unit: the popular formula, then a stricter one, so a lower figure is the stricter reading. Gap = value-investor figure minus Wall Street figure, from the figures shown.
Price-based ratios use the fiscal-year-end closing price. Free cash flow = operating cash flow − capital expenditures (we compute it; filings rarely report it). n/m = not meaningful (denominator ≤ 0); “—” = not reported. Each ratio’s formulas are under “How it’s calculated”.
Smart money
Showing the most recent 5 annual periods. Get longer history on the Pro plan, or the full history (1993–present) plus the smart-money dataset and webhooks on Institutional.
Peers, filings & research
Research Reports
No published research on AZO yet.
Reports appear here as analysts publish research on this company — built with Valuein's agentic workflows on data pinned to its SEC filing. Be the first: run equity_research_brief on AZO and publish the result to your public profile.
Cite this page
Data as of Oct 31, 2026. Canonical address: https://valuein.biz/data/AZO
Valuein. (2026, October 31). AUTOZONE INC (AZO) financial statements, earnings power and smart-money summary [Data set]. Source: SEC EDGAR filings. https://valuein.biz/data/AZO
@misc{valuein_azo_2026,
author = {{Valuein}},
title = {AUTOZONE INC (AZO) financial statements, earnings power and smart-money summary},
year = {2026},
howpublished = {\url{https://valuein.biz/data/AZO}},
note = {Data as of 2026-10-31; source: SEC EDGAR filings}
}10-K filed Oct 26, 2026 · accession 0001104659-26-118791
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