How Does AutoZone Stock Compare With Peers?
AutoZone‘s stock had modest 12-month returns, but how does it truly compare to peers in the evolving auto parts market as of December 10, 2025? While the company recently reported Q1 FY2026 net sales up 8.2% year-over-year to $4.63 billion, with total company same-store sales increasing by 5.5%, diluted EPS was $31.04 versus $32.52 a year ago. A closer look at the provided data reveals strong profitability, with an operating margin of approximately 19.06% and a solid free cash flow margin of around 9.45%. AutoZone‘s LTM revenue growth of 2.42% is steady but trails some competitors. Its PE Ratio of 28.7x is above the US specialty retail average of 18.9x, but below a 39.8x peer average, and is considered high compared to its estimated fair PE Ratio of 19.8x, potentially limiting immediate upside despite robust fundamentals and a “Moderate Buy” consensus from analysts.
- AZO’s 19.1% operating margin, strong yet below ORLY (19.3%), reflects robust pricing power and efficient operations in the aftermarket.
- AZO’s 2.4% revenue growth lags ORLY/GNTX but beats LEA/AAP/ONEW, suggesting softer market share capture despite DIY tailwinds.
- AZO’s 2.2% stock gain (28.7 PE) trails ORLY/LEA/AAP, possibly reflecting investor growth caution vs. aggressive buybacks/peers’ prospects.
Here’s how AutoZone stacks up across size, valuation, and profitability versus key peers.
| AZO | ORLY | LEA | GNTX | AAP | ONEW | |
|---|---|---|---|---|---|---|
| Market Cap ($ Bil) | 57.2 | 79.4 | 5.9 | 5.2 | 2.9 | 0.2 |
| Revenue ($ Bil) | 18.9 | 17.5 | 23.0 | 2.4 | 8.6 | 1.8 |
| PE Ratio | 28.7 | 36.8 | 12.1 | 16.1 | -9.8 | -20.1 |
| LTM Revenue Growth | 2.4% | 6.2% | -20.8% | 3.0% | -5.3% | -3.0% |
| LTM Operating Margin | 19.1% | 19.3% | 3.6% | 19.0% | -8.7% | 3.0% |
| LTM FCF Margin | 9.5% | 8.9% | 3.2% | 19.4% | -4.7% | 5.3% |
| 12M Market Return | 2.2% | 10.9% | 12.9% | -20.9% | 6.6% | -45.6% |
For more details on AutoZone, read Buy or Sell AZO Stock. Below we compare AZO’s growth, margin, and valuation with peers across years
Revenue Growth Comparison
| LTM | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
| AZO | 2.4% | 2.4% | 5.9% | 7.4% | |
| ORLY | 6.2% | – | 5.7% | 9.7% | 8.1% |
| LEA | -20.8% | – | -0.7% | 12.3% | 8.5% |
| GNTX | 3.0% | – | 0.6% | 19.8% | 10.8% |
| AAP | -5.3% | – | -1.2% | 0.7% | -16.8% |
| ONEW | -3.0% | – | -8.5% | 11.0% | 42.1% |
Operating Margin Comparison
| LTM | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
| AZO | 19.1% | 19.1% | 20.5% | 19.9% | |
| ORLY | 19.3% | – | 19.5% | 20.2% | 20.5% |
| LEA | 3.6% | – | 3.8% | 4.0% | 3.1% |
| GNTX | 19.0% | – | 20.3% | 21.6% | 19.3% |
| AAP | -8.7% | – | -7.8% | 0.4% | 5.7% |
| ONEW | 3.0% | – | 4.7% | 8.6% | 13.5% |
PE Ratio Comparison
| LTM | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
| AZO | 28.7 | 21.5 | 16.8 | 18.1 | |
| ORLY | 36.8 | – | 29.0 | 24.5 | 25.0 |
| LEA | 12.1 | – | 10.5 | 14.5 | 22.6 |
| GNTX | 16.1 | – | 16.0 | 17.5 | 19.7 |
| AAP | -9.8 | – | -8.4 | 122.0 | 19.1 |
| ONEW | -20.1 | – | -44.4 | -12.5 | 3.0 |
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