Tearsheet

AutoZone (AZO)


Market Price (4/22/2026): $3604.6899 | Market Cap: $59.7 Bil
Sector: Consumer Discretionary | Industry: Automotive Retail

AutoZone (AZO)


Market Price (4/22/2026): $3604.6899
Market Cap: $59.7 Bil
Sector: Consumer Discretionary
Industry: Automotive Retail

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 15%, CFO LTM is 3.0 Bil

Stock buyback support
Stock Buyback 3Y Total is 7.4 Bil

Low stock price volatility
Vol 12M is 25%

Megatrend and thematic drivers
Megatrends include E-commerce & Digital Retail, Automation & Robotics, and Automotive Aftermarket Innovation. Themes include Online Marketplaces, Show more.

Weak multi-year price returns
2Y Excs Rtn is -16%, 3Y Excs Rtn is -34%

Key risks
AZO key risks include the long-term transition to electric vehicles, Show more.

0 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 15%, CFO LTM is 3.0 Bil
1 Stock buyback support
Stock Buyback 3Y Total is 7.4 Bil
2 Low stock price volatility
Vol 12M is 25%
3 Megatrend and thematic drivers
Megatrends include E-commerce & Digital Retail, Automation & Robotics, and Automotive Aftermarket Innovation. Themes include Online Marketplaces, Show more.
4 Weak multi-year price returns
2Y Excs Rtn is -16%, 3Y Excs Rtn is -34%
5 Key risks
AZO key risks include the long-term transition to electric vehicles, Show more.

Valuation, Metrics & Events

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

AutoZone (AZO) stock has gained about 5% since 12/31/2025 because of the following key factors:

1. Robust growth in the commercial business segment. AutoZone's domestic commercial sales experienced significant expansion, growing by 14.5% in the first quarter of fiscal 2026 (ended November 22, 2025), to reach $1.29 billion. This momentum continued into the second quarter of fiscal 2026, with the domestic commercial segment reporting sales growth exceeding 12%. This consistent performance is largely driven by the company's strategic investments in "mega hubs" and enhanced delivery capabilities, allowing it to capture increased market share from professional mechanics and repair shops.

2. Consistent same-store sales increases. The company demonstrated healthy underlying business performance with strong same-store sales growth. For the first quarter of fiscal 2026, total company same-store sales rose by 4.7%, and domestic same-store sales increased by 4.8%. In the second quarter of fiscal 2026, total company comparable sales grew by 3.3%, with domestic same-store sales increasing by 3.4%. Additionally, AutoZone reported a 5.9% increase in same-store transaction counts, indicating strong customer engagement.

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Stock Movement Drivers

Fundamental Drivers

The 6.3% change in AZO stock from 12/31/2025 to 4/21/2026 was primarily driven by a 6.7% change in the company's P/E Multiple.
(LTM values as of)123120254212026Change
Stock Price ($)3391.503606.186.3%
Change Contribution By: 
Total Revenues ($ Mil)19,28819,6101.7%
Net Income Margin (%)12.8%12.5%-2.4%
P/E Multiple22.924.46.7%
Shares Outstanding (Mil)17170.5%
Cumulative Contribution6.3%

LTM = Last Twelve Months as of date shown

Market Drivers

12/31/2025 to 4/21/2026
ReturnCorrelation
AZO6.3% 
Market (SPY)-5.4%26.5%
Sector (XLY)-0.4%37.5%

Fundamental Drivers

The -15.9% change in AZO stock from 9/30/2025 to 4/21/2026 was primarily driven by a -12.8% change in the company's P/E Multiple.
(LTM values as of)93020254212026Change
Stock Price ($)4290.243606.18-15.9%
Change Contribution By: 
Total Revenues ($ Mil)18,90119,6103.7%
Net Income Margin (%)13.6%12.5%-8.1%
P/E Multiple28.024.4-12.8%
Shares Outstanding (Mil)17171.0%
Cumulative Contribution-15.9%

LTM = Last Twelve Months as of date shown

Market Drivers

9/30/2025 to 4/21/2026
ReturnCorrelation
AZO-15.9% 
Market (SPY)-2.9%6.3%
Sector (XLY)-0.5%21.4%

Fundamental Drivers

The -5.4% change in AZO stock from 3/31/2025 to 4/21/2026 was primarily driven by a -10.7% change in the company's Net Income Margin (%).
(LTM values as of)33120254212026Change
Stock Price ($)3812.783606.18-5.4%
Change Contribution By: 
Total Revenues ($ Mil)18,67319,6105.0%
Net Income Margin (%)14.0%12.5%-10.7%
P/E Multiple24.624.4-0.5%
Shares Outstanding (Mil)17171.3%
Cumulative Contribution-5.4%

LTM = Last Twelve Months as of date shown

Market Drivers

3/31/2025 to 4/21/2026
ReturnCorrelation
AZO-5.4% 
Market (SPY)16.3%13.5%
Sector (XLY)21.2%19.8%

Fundamental Drivers

The 46.7% change in AZO stock from 3/31/2023 to 4/21/2026 was primarily driven by a 28.6% change in the company's P/E Multiple.
(LTM values as of)33120234212026Change
Stock Price ($)2458.153606.1846.7%
Change Contribution By: 
Total Revenues ($ Mil)16,89019,61016.1%
Net Income Margin (%)14.3%12.5%-12.9%
P/E Multiple19.024.428.6%
Shares Outstanding (Mil)191712.9%
Cumulative Contribution46.7%

LTM = Last Twelve Months as of date shown

Market Drivers

3/31/2023 to 4/21/2026
ReturnCorrelation
AZO46.7% 
Market (SPY)63.3%20.9%
Sector (XLY)62.7%21.8%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
AZO Return77%18%5%24%6%6%202%
Peers Return43%-9%-24%-19%-12%26%-11%
S&P 500 Return27%-19%24%23%16%4%89%

Monthly Win Rates [3]
AZO Win Rate75%50%50%67%58%75% 
Peers Win Rate62%40%43%50%50%70% 
S&P 500 Win Rate75%42%67%75%67%50% 

Max Drawdowns [4]
AZO Max Drawdown-6%-15%-6%-2%-0%-4% 
Peers Max Drawdown-6%-33%-35%-32%-26%-7% 
S&P 500 Max Drawdown-1%-25%-1%-2%-15%-7% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: ORLY, AAP, GPC, LKQ, PRTS. See AZO Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 4/21/2026 (YTD)

How Low Can It Go

Unique KeyEventAZOS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-21.4%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven27.2%34.1%
2022 Inflation ShockTime to BreakevenTime to Breakeven84 days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-39.3%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven64.7%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven129 days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-37.9%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven60.9%24.7%
2018 CorrectionTime to BreakevenTime to Breakeven191 days120 days
2008 Global Financial Crisis2008 Global Financial Crisis  
2008 Global Financial Crisis% Loss% Loss-36.9%-56.8%
2008 Global Financial Crisis% Gain to Breakeven% Gain to Breakeven58.4%131.3%
2008 Global Financial CrisisTime to BreakevenTime to Breakeven78 days1,480 days

Compare to ORLY, AAP, GPC, LKQ, PRTS

In The Past

AutoZone's stock fell -21.4% during the 2022 Inflation Shock from a high on 4/20/2022. A -21.4% loss requires a 27.2% gain to breakeven.

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About AutoZone (AZO)

AutoZone, Inc. retails and distributes automotive replacement parts and accessories. The company offers various products for cars, sport utility vehicles, vans, and light trucks, including new and remanufactured automotive hard parts, maintenance items, accessories, and non-automotive products. Its products include 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 offers 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 provides 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, stereos and radios, tools, 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 and repair software under the ALLDATA brand through alldata.com and alldatadiy.com; and automotive hard parts, maintenance items, accessories, and non-automotive products through autozone.com. As of November 20, 2021, it operated 6,066 stores in the United States; 666 stores in Mexico; and 53 stores in Brazil. The company was founded in 1979 and is based in Memphis, Tennessee.

AI Analysis | Feedback

Here is an analogy to describe AutoZone:

  • Home Depot for car parts

AI Analysis | Feedback

  • Automotive Replacement Parts: Sells new and remanufactured components such as engines, batteries, brakes, and electrical parts for various vehicles.
  • Automotive Maintenance Products: Provides consumables like oils, fluids, filters, and chemicals essential for vehicle upkeep.
  • Automotive Accessories: Offers a wide range of interior, exterior, and performance-enhancing products, along with tools and entertainment systems.
  • Commercial Sales Program: Provides commercial credit and delivery services for parts and products to professional automotive repair businesses.
  • Automotive Diagnostic & Repair Software (ALLDATA): Distributes software tools and information for vehicle diagnostics and repair to both professionals and DIY enthusiasts.
  • Towing Services: Offers towing assistance for vehicles.

AI Analysis | Feedback

AutoZone (AZO) serves two primary categories of customers:

  • Do-It-Yourself (DIY) Customers: These are individual vehicle owners who purchase automotive replacement parts, maintenance items, and accessories to perform their own vehicle repairs and maintenance. AutoZone's extensive network of retail stores in the United States, Mexico, and Brazil, along with its e-commerce platform (autozone.com), are largely geared towards serving this consumer segment.

  • Commercial Customers: This category includes professional mechanics, independent repair shops, and other businesses that purchase parts and products for vehicles they service for their own customers. AutoZone caters to this segment through its dedicated commercial sales program, which offers credit and delivery services, as well as through its ALLDATA brand, which provides automotive diagnostic and repair software primarily for professionals.

AI Analysis | Feedback

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AI Analysis | Feedback

Philip B. Daniele, III President and Chief Executive Officer

Philip B. Daniele, III was appointed President and CEO of AutoZone in January 2024. He joined AutoZone as a Manager in Training in 1993, and has over 40 years of experience in the automotive aftermarket industry, having started his career at a competing auto-parts chain in Jacksonville, Florida, in 1986. Prior to his current role, he served as Executive Vice President, Merchandising, Marketing, and Supply Chain. Daniele has held various leadership positions across store operations, merchandising, supply chain, and commercial aspects of the company during his more than three decades at AutoZone.

Jamere Jackson Chief Financial Officer

Jamere Jackson is the Chief Financial Officer and Executive Vice President for AutoZone, Inc., a role he assumed effective January 1, 2021, after joining as CFO-Elect on September 14, 2020. He is the first African-American to serve in this role at AutoZone. Prior to AutoZone, Mr. Jackson served as the Chief Financial Officer of Hertz Global Holdings, Inc. from 2018 to 2020, and Chief Financial Officer at Nielsen from 2014 to 2018, where he was also the first African-American CFO in both companies' histories. He spent 10 years at GE in various financial leadership roles across GE Corporate, GE Aviation, and GE Oil & Gas. Earlier in his career, he held finance, mergers and acquisitions, and strategic planning roles at Pepsico, First Data Corporation, Total System Services, and Procter & Gamble. Mr. Jackson also serves on the Board of Directors of Eli Lilly and Company.

William C. Rhodes, III Executive Chairman

William C. Rhodes, III was named Executive Chairman of AutoZone on January 2, 2024, having previously served as the company's President and Chief Executive Officer from March 2005 to January 2024. He was first elected Chairman in June 2007. Mr. Rhodes began his career at AutoZone in 1994 and held various executive-level roles, including Executive Vice President of Store Operations and Commercial, Senior Vice President of Information Technology, and Senior Vice President of Supply Chain. Before joining AutoZone, he was a manager at Ernst & Young LLP. Rhodes is a former board member of Dollar General Corporation and is also a director at the Retail Industry Leaders Association.

Thomas B. Newbern Chief Operating Officer

Thomas B. Newbern serves as the Chief Operating Officer of AutoZone. He has held various key positions within the company, demonstrating extensive experience in its operations.

Kenneth E. Jaycox, Jr. Senior Vice President, Commercial

Kenneth E. Jaycox, Jr. holds the position of Senior Vice President, Commercial at AutoZone. He is a member of the executive leadership team.

AI Analysis | Feedback

Here are the key risks to AutoZone's business:

  1. Shift to Electric Vehicles (EVs)

    The automotive aftermarket faces a significant long-term risk due to the accelerating transition from internal combustion engine (ICE) vehicles to electric vehicles. EVs have significantly fewer moving parts and different maintenance requirements compared to traditional gasoline-powered cars, leading to a projected decline in demand for many traditional automotive parts that AutoZone sells. Components such as exhaust systems, fuel filters, spark plugs, and oil-based engine systems are largely redundant in EVs. While some parts like tires, wipers, and lighting systems will remain relevant, and new demands for EV-specific components (e.g., battery modules, cooling systems for battery regulation, advanced electronic interfaces) will emerge, the overall reduction in wear-and-tear parts for EVs poses a challenge to AutoZone's traditional product offerings and revenue streams.

  2. Intensified Competition

    AutoZone operates in a highly competitive automotive aftermarket industry. The company faces significant competition from other national chains like O'Reilly Auto Parts, Advance Auto Parts, and NAPA Auto Parts, all of whom offer similar products and services. Beyond traditional brick-and-mortar rivals, online retailers such as Amazon and RockAuto also pose a competitive threat, particularly by offering convenience and price pressure for the do-it-yourself (DIY) customer segment. AutoZone's ability to maintain its leading market position depends on factors such as product availability, competitive pricing, and strong customer service amidst this robust competitive environment.

  3. Changes in Consumer Behavior and Vehicle Complexity

    While the DIY automotive repair market has shown growth in recent years, influenced by factors like an aging vehicle fleet and consumers seeking to save money, there's also an underlying trend of increasing vehicle complexity. Modern vehicles, including both ICE and EVs, are becoming more technologically advanced, often requiring specialized diagnostic tools and expertise for repairs. This complexity could potentially deter some DIY customers and shift more repair work towards professional mechanics, impacting AutoZone's DIY segment. However, AutoZone serves both DIY and professional (DIFM) customers, and has seen growth in the DIY market, with older cars leading to more maintenance activity. The balance between these trends and AutoZone's adaptation to support both customer bases is crucial.

AI Analysis | Feedback

The widespread and accelerating adoption of electric vehicles (EVs) presents a clear emerging threat. EVs have significantly fewer moving parts compared to internal combustion engine vehicles, dramatically reducing the need for many of the traditional automotive replacement parts that AutoZone retails, such as engines, fuel pumps, mufflers, spark plugs, oil filters, transmission fluids, belts, hoses, starters, alternators, and exhaust components. This fundamental shift in vehicle technology directly impacts the core demand for a substantial portion of AutoZone's product catalog.

AI Analysis | Feedback

The addressable markets for AutoZone's main products and services are as follows:

Automotive Aftermarket Parts and Accessories:

  • In the United States, the entire automotive aftermarket, encompassing light, medium, and heavy-duty vehicles, is projected at nearly $535 billion in after-sales parts and accessories in 2024. The U.S. light-duty aftermarket alone is projected to reach $435 billion in 2025.
  • The automotive aftermarket sector in Mexico had total revenues of $17.5 billion in 2022.
  • The Brazil Auto Parts and Accessories market size was USD 21.58 billion in 2023, with projections to reach USD 29.31 billion by 2032.

Automotive Diagnostic and Repair Software (ALLDATA brand):

  • The global auto repair software market is valued at approximately USD 3.1 billion in 2024. This market is expected to grow to US$ 3.4 billion in 2026 and is projected to reach US$ 8.6 billion by 2033. North America holds a significant share of this global market.

AI Analysis | Feedback

Here are 3-5 expected drivers of future revenue growth for AutoZone (AZO) over the next 2-3 years:

  1. New Store Openings and Expansion of Hub & Mega-Hub Locations: AutoZone is committed to an aggressive store expansion strategy globally, including opening approximately 350-360 new stores for the full fiscal year 2026. This expansion includes the strategic rollout of hub and mega-hub locations, which aim to carry broader inventory and enable faster parts delivery to nearby stores and customers. The company expects to exceed 300 mega-hub locations at full build-out.
  2. Growth in the Domestic Commercial Business: AutoZone is actively focusing on and expects continued strength and market share gains in its domestic commercial (Do-It-For-Me) business. This segment is identified as a faster-growing area and a top priority for increasing sales.
  3. International Expansion, particularly in Mexico and Brazil: The company views international markets as a key growth pillar and plans to accelerate store openings in Mexico and Brazil, targeting as many as 500 annually by 2028. This accelerated international growth is expected to be a meaningful contributor to future sales and operating profit.
  4. Enhanced Parts Availability and Supply Chain Improvements: AutoZone is investing significantly in its supply chain, including new distribution centers in Mexico and Brazil, and initiatives to drive improved parts availability. These investments are crucial for better customer service and are expected to lead to increased sales.
  5. Omni-channel and Digital Platform Growth: Efforts to enhance the digital customer experience through omni-channel initiatives such as ship-to-home next-day delivery, buy-online-pick-up-in-store, and commercial customer ordering are driving traffic to its digital platforms, contributing to overall revenue growth.

AI Analysis | Feedback

Share Repurchases

  • AutoZone authorized an additional $1.5 billion for its share repurchase program in October 2025, following another $1.5 billion authorization in June 2024 and $2.0 billion in March 2022.
  • The company repurchased shares worth approximately $1.5 billion in fiscal 2025 and $3.141 billion in fiscal 2024. In the first quarter of fiscal 2026, AutoZone repurchased shares worth $431.1 million, and an additional $310.8 million in the second quarter of fiscal 2026.
  • As of the end of the first quarter of fiscal 2026, AutoZone had over $1.7 billion remaining under its share repurchase authorization, which was about $1.4 billion at the end of the second quarter of fiscal 2026.

Share Issuance

  • AutoZone's shares outstanding have consistently declined due to its aggressive share repurchase program. For instance, fiscal year 2025 saw a 3.13% decline in shares outstanding from 2024, to 0.017 billion shares.
  • Shares outstanding in fiscal year 2024 were 0.018 billion, a 6.81% decline from 2023.
  • Minor share issuance occurred from employee stock purchase plans, such as 4,886 shares in fiscal year 2022, but these amounts are insignificant compared to the repurchases made.

Capital Expenditures

  • AutoZone's capital expenditures were approximately $1.4 billion in fiscal 2025 and are expected to be around $1.6 billion in fiscal 2026, with a similar amount anticipated for fiscal 2027.
  • The primary focus of these capital expenditures is on accelerated store growth, including the expansion of hub and mega-hub locations, to bring inventory closer to customers and enhance its distribution network.
  • The company plans to open 350 to 360 new stores in fiscal 2026 and aims for an annual pace of approximately 500 new store openings by fiscal year 2028. Capital expenditures also include investments in technology, such as improving the electronic catalog.

Better Bets vs. AutoZone (AZO)

Latest Trefis Analyses

Trade Ideas

Select ideas related to AZO.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
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ETSY_3272026_Dip_Buyer_FCFYield03272026ETSYEtsyDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
5.6%5.6%0.0%
OLLI_3272026_Dip_Buyer_ValueBuy03272026OLLIOllie's Bargain OutletDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
3.1%3.1%0.0%
PATK_3272026_Insider_Buying_GTE_1Mil_EBITp+DE_V203272026PATKPatrick IndustriesInsiderInsider Buys | Low D/EStrong Insider Buying
Companies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap
3.4%3.4%-1.6%
AZO_12262025_Insider_Buying_GTE_1Mil_EBITp+DE_V212262025AZOAutoZoneInsiderInsider Buys | Low D/EStrong Insider Buying
Companies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap
-2.1%-2.1%-5.9%

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

AZOORLYAAPGPCLKQPRTSMedian
NameAutoZone O'Reilly.Advance .Genuine .LKQ CarParts. 
Mkt Price3,606.1893.8158.73115.0031.240.9276.27
Mkt Cap59.879.23.515.88.00.111.9
Rev LTM19,61017,7828,60224,69913,91654815,849
Op Inc LTM3,5453,4611611,2161,120-491,168
FCF LTM1,6001,593-298548847-42697
FCF 3Y Avg1,8811,882-111628885-5757
CFO LTM3,0392,762-469961,063-341,029
CFO 3Y Avg3,0772,9491091,1481,18091,164

Growth & Margins

AZOORLYAAPGPCLKQPRTSMedian
NameAutoZone O'Reilly.Advance .Genuine .LKQ CarParts. 
Rev Chg LTM5.0%6.4%-5.4%4.8%-1.3%-7.0%1.8%
Rev Chg 3Y Avg5.1%7.3%-1.5%3.1%2.9%-5.9%3.0%
Rev Chg Q8.1%7.8%-1.2%6.8%2.7%-9.8%4.7%
QoQ Delta Rev Chg LTM1.7%1.8%-0.3%1.6%0.6%-2.3%1.1%
Op Inc Chg LTM-5.3%6.4%139.8%-12.1%-14.6%-20.3%-8.7%
Op Inc Chg 3Y Avg2.8%5.4%-126.1%-9.9%-8.0%-649.8%-8.9%
Op Mgn LTM18.1%19.5%1.9%4.9%8.0%-8.9%6.5%
Op Mgn 3Y Avg19.6%19.7%-0.5%6.1%9.3%-5.8%7.7%
QoQ Delta Op Mgn LTM-0.3%0.2%7.0%-0.1%-0.6%0.5%0.0%
CFO/Rev LTM15.5%15.5%-0.5%4.0%7.6%-6.2%5.8%
CFO/Rev 3Y Avg16.5%17.7%1.1%4.9%8.6%1.0%6.7%
FCF/Rev LTM8.2%9.0%-3.5%2.2%6.1%-7.7%4.2%
FCF/Rev 3Y Avg10.1%11.3%-1.3%2.7%6.5%-1.3%4.6%

Valuation

AZOORLYAAPGPCLKQPRTSMedian
NameAutoZone O'Reilly.Advance .Genuine .LKQ CarParts. 
Mkt Cap59.879.23.515.88.00.111.9
P/S3.04.50.40.60.60.10.6
P/Op Inc16.922.921.913.07.1-1.214.9
P/EBIT16.822.873.373.27.6-1.219.8
P/E24.431.280.0263.413.2-1.127.8
P/CFO19.728.7-76.515.97.5-1.711.7
Total Yield4.1%3.2%3.0%4.0%11.5%-89.1%3.6%
Dividend Yield0.0%0.0%1.7%3.6%3.9%0.0%0.9%
FCF Yield 3Y Avg3.7%2.9%-4.8%3.5%9.1%-44.1%3.2%
D/E0.20.11.50.40.61.00.5
Net D/E0.20.10.60.40.60.50.5

Returns

AZOORLYAAPGPCLKQPRTSMedian
NameAutoZone O'Reilly.Advance .Genuine .LKQ CarParts. 
1M Rtn9.8%7.5%25.4%19.3%10.5%16.6%13.6%
3M Rtn0.9%-1.5%42.8%-12.1%-3.5%91.7%-0.3%
6M Rtn-10.0%-7.4%7.2%-13.0%4.2%34.6%-1.6%
12M Rtn1.0%2.8%83.5%6.2%-21.4%17.9%4.5%
3Y Rtn34.5%55.7%-51.4%-24.5%-39.7%-81.5%-32.1%
1M Excs Rtn1.3%-1.1%16.8%10.8%2.0%8.1%5.0%
3M Excs Rtn-3.0%-5.4%38.9%-16.0%-7.5%87.7%-4.2%
6M Excs Rtn-16.5%-13.7%4.5%-18.1%0.1%37.3%-6.8%
12M Excs Rtn-33.6%-32.6%54.2%-29.6%-56.6%-19.5%-31.1%
3Y Excs Rtn-34.0%-13.0%-120.3%-94.5%-110.1%-152.5%-102.3%

Financials

Segment Financials

Revenue by Segment
$ Mil20252024202320222021
Auto Parts Stores18,49017,14515,96314,38212,406
Other 312289248226
Total18,49017,45716,25214,63012,632


Net Income by Segment
$ Mil20252024202320222021
Auto Parts Stores2,662    
Total2,662    


Price Behavior

Price Behavior
Market Price$3,606.18 
Market Cap ($ Bil)59.8 
First Trading Date04/02/1991 
Distance from 52W High-17.2% 
   50 Days200 Days
DMA Price$3,572.21$3,775.74
DMA Trendindeterminatedown
Distance from DMA1.0%-4.5%
 3M1YR
Volatility30.3%25.1%
Downside Capture0.180.11
Upside Capture63.6417.01
Correlation (SPY)25.8%4.4%
AZO Betas & Captures as of 3/31/2026

 1M2M3M6M1Y3Y
Beta1.230.670.630.140.180.31
Up Beta-1.320.440.650.500.170.32
Down Beta1.201.440.79-0.280.100.28
Up Capture138%20%61%-6%12%12%
Bmk +ve Days7162765139424
Stock +ve Days10233358124398
Down Capture148%63%50%57%44%53%
Bmk -ve Days12233358110323
Stock -ve Days12193068127352

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with AZO
AZO-2.7%25.0%-0.15-
Sector ETF (XLY)29.2%19.4%1.2016.8%
Equity (SPY)23.7%12.7%1.525.7%
Gold (GLD)41.4%27.5%1.2512.6%
Commodities (DBC)22.4%16.2%1.25-7.7%
Real Estate (VNQ)14.2%13.8%0.7226.1%
Bitcoin (BTCUSD)-10.4%42.7%-0.14-1.5%

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Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with AZO
AZO19.3%23.9%0.71-
Sector ETF (XLY)6.9%23.8%0.2531.0%
Equity (SPY)10.8%17.1%0.4933.2%
Gold (GLD)21.6%17.8%0.996.1%
Commodities (DBC)10.9%18.8%0.473.8%
Real Estate (VNQ)4.1%18.8%0.1230.1%
Bitcoin (BTCUSD)3.8%56.4%0.2910.2%

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Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with AZO
AZO16.3%26.2%0.60-
Sector ETF (XLY)12.9%22.0%0.5441.5%
Equity (SPY)13.9%17.9%0.6742.9%
Gold (GLD)13.7%15.9%0.715.4%
Commodities (DBC)8.2%17.6%0.3912.3%
Real Estate (VNQ)5.4%20.7%0.2340.2%
Bitcoin (BTCUSD)68.0%66.9%1.078.7%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date3312026
Short Interest: Shares Quantity0.3 Mil
Short Interest: % Change Since 3152026-8.0%
Average Daily Volume0.1 Mil
Days-to-Cover Short Interest2.1 days
Basic Shares Quantity16.6 Mil
Short % of Basic Shares1.8%

Earnings Returns History

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 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
3/3/2026-6.3%-5.4%-13.0%
12/9/2025-7.2%-7.4%-12.0%
9/23/2025-0.0%3.7%-2.8%
5/27/2025-3.4%-2.0%-8.8%
3/4/2025-0.1%6.1%9.6%
12/10/20240.7%0.8%-2.2%
9/24/2024-0.2%3.3%4.0%
5/21/2024-3.5%-4.2%2.9%
...
SUMMARY STATS   
# Positive81113
# Negative161311
Median Positive2.3%5.6%8.2%
Median Negative-3.0%-2.6%-4.4%
Max Positive7.6%14.1%21.9%
Max Negative-7.2%-7.4%-13.0%

SEC Filings

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Report DateFiling DateFiling
02/28/202603/20/202610-Q
11/30/202512/19/202510-Q
08/31/202510/27/202510-K
05/31/202506/13/202510-Q
02/28/202503/21/202510-Q
11/30/202412/20/202410-Q
08/31/202410/28/202410-K
05/31/202406/07/202410-Q
02/29/202403/15/202410-Q
11/30/202312/18/202310-Q
08/31/202310/24/202310-K
05/31/202306/09/202310-Q
02/28/202303/17/202310-Q
11/30/202212/20/202210-Q
08/31/202210/24/202210-K
05/31/202206/10/202210-Q

Insider Activity

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#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Mrkonic, George R Jr DirectSell10520263341.9997323,53811,911,059Form
2Graves, Earl G Jr DirectSell10520263295.00250823,75016,101,644Form
3George, Michael A DirectBuy122220253398.13145492,7291,924,361Form
4Hannasch, Brian DirectBuy121920253393.09147498,7843,262,727Form
5Jackson, JamereCFODirectBuy121120253413.5055187,7421,665,560Form