Autozone Inc (AZO)
Consumer Discretionary · Automotive Retail · US stock · S&P 500 component
$3,120.59
▲ +60.97 (1.99%)
Fair valueUndervalued
$4,625 +48.2% to fair value
$2,313fair band $3,238–$6,013$6,938
Day's range
$3,085.24 – $3,146.00
52-week range
$2,730.65 – $4,047.41
Red flags⚠ Negative equity
About Autozone Inc
AutoZone is a retailer of automotive replacement parts, accessories and maintenance products in the United States, Mexico and Brazil. It sells to do-it-yourself customers through its stores and to repair shops through a commercial programme. The company earns money from retail sales of parts such as batteries, brakes and fluids, and demand tends to be supported by the age of vehicles on the road and the need for repairs.
Trailing twelve-month revenue stands at $20.0 billion, while revenue grew by 5.2% a year over the past three years. Return on invested capital is 48%, alongside an operating margin of 18.0%. Net debt is 2.1 times EBITDA. The company does not currently pay a dividend. On the X-Ray Score, it is rated 51 out of 100.
Written with AI from public information and the filing figures on this page, then checked automatically for unsupported numbers. It can contain mistakes: read the company's own filings below before relying on it.
Price chart
52-wk range $2,730.65 – $4,047.41Volume 258,623Daily, split-adjusted
Vitals
Market cap$52.6B
52-week range$2,730.65 – $4,047.41
Volume (last day)258,623
P/E (TTM)21.5
EBIT / EV yield5.9%
Free-cash-flow yield3.1%
Dividend yieldNo dividend
Revenue (TTM)$20.0B
Net income (TTM)$2.5B
Operating margin18.0%
Return on capital47.7%
Debt incl. leases$9.0B
Cash & securities$254M
Debt = borrowings plus lease liabilities. Cash & securities = cash, equivalents and short-term marketable securities (long-term securities are not counted, so net cash can be understated for companies like Apple). Net debt = debt minus cash & securities. Source: latest SEC 10-Q/10-K. EBIT / EV yield = operating profit divided by market cap plus net debt.
Fair value estimate
$4,625model spread $4,032 – $4,976
Undervalued
+48.2% to fair value
Equal blend of three models: peer multiples, a fundamentals-adjusted multiple (growth, ROIC and margin) and a 10-year DCF scaled to the market's average. Earnings-power value (no growth) is a floor and not part of the blend. Model uncertainty is Medium, so the safety margin is 30%.
Price $3,121
Undervalued < $3,238Fair $3,238 – $6,013Overvalued > $6,013
10-year DCF (market-scaled)
$6,595
Peer multiples
$2,963
Earnings power floor (not blended)
$1,808
Fundamentals-adjusted multiple
$4,318
Growth the price implies
7.9%/yr
A model estimate, not a price target or recommendation. Inputs: risk-free 5.09%, equity risk premium 4.23% (Damodaran). How it works.
What this means
Average business at a low price
Our models put fair value above today's price, but models can be wrong, so check the business first. A high score does not guarantee a good outcome; it shifts the odds a little. Use the checklist as a prompt for your own research.
Before you invest · decision checklist
Ticked boxes are filled in from our data; the rest are yours to answer.
The five-lens scan
Every score explained in one sentence, ranked against Consumer Discretionary peers. Open a lens to see the numbers behind it.
Valuation
Weak
50/100
Expensive against its sector on earnings and cash flow.
See the numbers →
EBIT / EV yield5.9%
Free-cash-flow yield3.1%
Fair value vs price1.5×
Growth
Weak
43/100
Growing slower than most of its sector.
See the numbers →
Revenue growth (3y)5.2%
EPS growth (3y)7.3%
Growth consistency100%
Profitability
Fair
63/100
Returns on capital are typical for its sector.
See the numbers →
Return on invested capital47.7%
Operating margin18.0%
Gross profitability49.5%
Financial health
Weak
47/100
Balance sheet is more stretched than most peers.
See the numbers →
Piotroski F-Score6 / 9
Net debt / EBITDA2.1×
Interest coverNo interest cost
Dividends
None
–/100
Pays no dividend.
See the numbers →
Quarterly results: last 6 quarters
+2.4%
Feb '25
+5.4%
May '25
+0.6%
Aug '25
+8.2%
Nov '25
+8.1%
Feb '26
+8.4%
May '26
Revenue against the same quarter a year earlier. Latest quarter revenue $4.8B, diluted EPS $38.07.
Compare with peers
CVNA Carvana Co.48 ORLY O Reilly Automotive In...47Other Automotive Retail companies by X-Ray Score.
Fundamentals checklist
● 3 Good · ● 8 Average · ● 5 BadCash quality
Earnings backed by cashBad
Free-cash-flow yieldBad
Risk models
Altman Z''Bad
Piotroski F-ScoreAverage
Growth
EPS growth (3y)Average
Free-cash-flow growth (3y)Bad
Revenue growth (3y)Average
Growth consistencyGood
Balance sheet
Current ratioBad
Net debt / EBITDAAverage
Interest coverGood
Valuation
Fair value vs priceAverage
EBIT / EV yieldAverage
Profitability
Return on invested capitalGood
Operating marginAverage
Gross profitabilityAverage
Each check is graded against the company's sector, not a fixed number. Checklist score 49/100.
Financials
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Revenue | $14.6B | $16.3B | $17.5B | $18.5B | $18.9B |
| Operating income | $2.9B | $3.3B | $3.5B | $3.8B | $3.6B |
| Net income | $2.2B | $2.4B | $2.5B | $2.7B | $2.5B |
| Operating cash flow | $3.5B | $3.2B | $2.9B | $3.0B | $3.1B |
| Operating margin | 20.1% | 20.1% | 19.9% | 20.5% | 19.1% |
| Free cash flow | $2.9B | $2.5B | $2.1B | $1.9B | $1.8B |
| Diluted EPS | $95.19 | $117.19 | $132.36 | $149.55 | $144.87 |
Fiscal years, from SEC filings.
Technical summary
Daily
Bullish
10 bullish · 1 neutral · 5 bearish
Weekly
Neutral
6 bullish · 1 neutral · 5 bearish
Monthly
Strongly bearish
1 bullish · 1 neutral · 6 bearish
Moving averages (daily)
| SMA 10 | 2,928.7 | Bullish |
| EMA 10 | 2,955.5 | Bullish |
| SMA 20 | 2,889.6 | Bullish |
| EMA 20 | 2,923.1 | Bullish |
| SMA 50 | 2,940.0 | Bullish |
| EMA 50 | 2,945.2 | Bullish |
| SMA 100 | 2,999.0 | Bullish |
| EMA 100 | 3,040.6 | Bullish |
| SMA 200 | 3,272.0 | Bearish |
| EMA 200 | 3,209.9 | Bearish |
Oscillators (daily)
| RSI (14) | 66.88 | Neutral |
| MACD (12, 26) | 23.36 | Bullish |
| Momentum (12) | 10.27 | Bullish |
| Stochastic %K (14) | 93.88 | Bearish |
| Williams %R (14) | -6.12 | Bearish |
| CCI (20) | 310.8 | Bearish |
Pivot points (classic, last session)
S3 3,027.8 | S2 3,056.5 | S1 3,088.6 | Pivot 3,117.3 | R1 3,149.3 | R2 3,178.0 | R3 3,210.1 |
Signals describe what the chart is doing, not what to do. Moving averages: price above the average is bullish. Oscillators use the usual thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20; MACD and momentum above zero are bullish). Weekly and monthly views use closing prices only.
AZO SEC filings
9 Oct 2026
8-KSEC EDGAR
Director or officer change
22 Sep 2026
8-KSEC EDGAR
Results of operations
14 Jul 2026
8-KSEC EDGAR
Entered a material agreement
9 Jul 2026
8-KSEC EDGAR
Entered a material agreement
7 Jul 2026
424B5SEC EDGAR
424B5
16 Jun 2026
8-KSEC EDGAR
Other events
12 Jun 2026
10-QSEC EDGAR
Quarterly report
26 May 2026
8-KSEC EDGAR
Results of operations
Where the numbers come from
Statements SEC EDGAR filings (10-K, 10-Q), quarters derived from year-to-date figures.
Prices end-of-day closes, split-adjusted.
Industry inputs beta, multiples and equity risk premium from Damodaran Online (NYU Stern).
StocksXray is for education only and is not financial advice. Scores and fair values are model estimates from public filings and carry uncertainty.