AZO - AutoZone Inc Stock Price, Fair Value and News

2944.61USD-43.90 (-1.47%)Market Closed

Market Summary

USD2944.61-43.90

Market Closed

-1.47%

AZO Alerts

3 major insider sales recently.

AZO Stock Price

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AZO RSI Chart

AZO Valuation

Market Cap

51.0B

Price/Earnings (Trailing)

19.44

Price/Sales (Trailing)

2.86

EV/EBITDA

15.54

Price/Free Cashflow

25.11

AZO Price/Sales (Trailing)

AZO Profitability

EBT Margin

18.48%

Return on Equity

-54.18%

Return on Assets

15.68%

Free Cashflow Yield

3.98%

AZO Fundamentals

AZO Revenue

Revenue (TTM)

17.8B

Rev. Growth (Yr)

4.56%

Rev. Growth (Qtr)

-7.9%

AZO Earnings

Earnings (TTM)

2.6B

Earnings Growth (Yr)

8.08%

Earnings Growth (Qtr)

-13.22%

Breaking Down AZO Revenue

Last 7 days

-1.0%

Last 30 days

-7.7%

Last 90 days

5.9%

Trailing 12 Months

11.3%

How does AZO drawdown profile look like?

AZO Financial Health

Current Ratio

0.82

Debt/Equity

-1.78

Debt/Cashflow

0.35

AZO Investor Care

Buy Backs (1Y)

5.95%

Diluted EPS (TTM)

141.76

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	17.8B	0	0	0
2023	16.9B	17.1B	17.5B	17.7B
2022	15.6B	15.8B	16.3B	16.6B
2021	13.4B	14.3B	14.6B	15.1B
2020	12.1B	12.1B	12.6B	13.0B
2019	11.3B	11.4B	11.9B	12.0B
2018	11.1B	11.2B	11.2B	11.3B
2017	10.7B	10.8B	10.9B	11.0B
2016	10.4B	10.5B	10.6B	10.7B
2015	9.8B	9.9B	10.2B	10.3B
2014	9.4B	9.5B	9.5B	9.6B
2013	8.7B	8.8B	9.1B	9.3B
2012	8.3B	8.5B	8.6B	8.7B
2011	7.7B	7.9B	8.1B	8.2B
2010	7.0B	7.1B	7.4B	7.6B
2009	6.7B	6.7B	6.8B	6.9B
2008	0	0	6.5B	6.6B

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of AutoZone Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 03, 2024	rhodes william c iii	gifted	-	-	-1,500	executive chairman
Mar 31, 2024	jackson jamere	acquired	6,303	3,151	2.00	cfo
Mar 31, 2024	hackney william r.	acquired	3,151	3,151	1.00	executive vice president
Mar 31, 2024	borninkhof k. michelle	acquired	12,606	2,521	5.00	senior vice president & cio
Mar 31, 2024	murphy john scott	acquired	12,606	2,521	5.00	vice president, controller
Mar 31, 2024	leriche dennis w.	acquired	9,454	2,363	4.00	sr. vice president
Mar 31, 2024	daniele philip b.	acquired	40,971	2,731	15.00	president & ceo
Mar 26, 2024	rhodes william c iii	sold	-21,374,500	3,190	-6,700	executive chairman
Mar 26, 2024	rhodes william c iii	sold	-8,933,090	3,190	-2,800	executive chairman
Mar 26, 2024	rhodes william c iii	acquired	5,577,740	587	9,500	executive chairman

Which funds bought or sold AZO recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 24, 2024	Cambridge Investment Research Advisors, Inc.	added	30.51	3,244,000	8,736,000	0.03%
Apr 24, 2024	Assenagon Asset Management S.A.	reduced	-30.49	-20,327,300	112,728,000	0.27%
Apr 24, 2024	Dakota Wealth Management	added	3.83	214,990	1,024,290	0.03%
Apr 24, 2024	DekaBank Deutsche Girozentrale	added	1.24	10,320,000	49,257,000	0.09%
Apr 24, 2024	Solstein Capital, LLC	unchanged	-	3,396	18,910	0.01%
Apr 24, 2024	BROWN ADVISORY INC	added	2.68	654,531	3,255,650	-%
Apr 24, 2024	Alta Advisers Ltd	unchanged	-	22,642	126,066	0.06%
Apr 24, 2024	Townsend & Associates, Inc	added	1.95	1,106,910	12,512,400	1.46%
Apr 24, 2024	Western Financial Corp/CA	added	13.73	538,204	1,931,330	1.18%
Apr 24, 2024	RAYMOND JAMES TRUST N.A.	added	0.72	328,455	1,771,230	0.04%

Are Funds Buying or Selling AZO?

Are funds buying AZO calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own AZO

No. of Funds

AZO Alerts

3 major insider sales recently.

Unveiling AutoZone Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	10.10%	1,746,278	SC 13G/A
Feb 09, 2024	fmr llc	-	0	SC 13G/A
Jan 26, 2024	blackrock inc.	7.4%	1,273,656	SC 13G/A
Jan 04, 2024	jpmorgan chase & co	4.7%	826,689	SC 13G/A
May 10, 2023	vanguard group inc	10.02%	1,842,601	SC 13G/A
Feb 09, 2023	fmr llc	-	0	SC 13G
Feb 09, 2023	vanguard group inc	9.84%	1,847,481	SC 13G/A
Feb 03, 2023	blackrock inc.	8.2%	1,537,903	SC 13G/A
Jan 18, 2023	jpmorgan chase & co	6.4%	1,202,506	SC 13G/A
Dec 12, 2022	vanguard group inc	10.00%	1,898,623	SC 13G/A

Recent SEC filings of AutoZone Inc

View All Filings

Date Filed	Form Type	Document
Apr 05, 2024	4	Insider Trading
Apr 04, 2024	144	Notice of Insider Sale Intent
Apr 02, 2024	4	Insider Trading
Apr 02, 2024	4	Insider Trading
Apr 02, 2024	4	Insider Trading
Apr 02, 2024	4	Insider Trading
Apr 02, 2024	4	Insider Trading
Apr 02, 2024	4	Insider Trading
Mar 26, 2024	144	Notice of Insider Sale Intent
Mar 26, 2024	4	Insider Trading

Peers (Alternatives to AutoZone Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
ORLY	62.3B	15.8B	-7.00%	18.02%	26.55	3.94	9.73%	8.01%
AZO	51.0B	17.8B	-7.74%	11.33%	19.44	2.86	5.57%	8.38%
TSCO	28.6B	14.6B	2.77%	9.05%	25.85	1.97	2.47%	1.70%
GPC	22.6B	23.1B	5.61%	-1.43%	17.94	0.98	2.40%	1.66%
DKS	16.8B	13.0B	-6.55%	40.67%	16.06	1.29	4.98%	0.32%
BBY	16.2B	43.5B	-6.01%	5.23%	13.06	0.37	-6.15%	-12.54%
FIVE	8.3B	3.6B	-15.22%	-23.38%	27.69	2.34	15.70%	15.13%
MID-CAP
AAP	4.4B	11.3B	-11.35%	-38.94%	149.58	0.39	1.19%	-93.06%
GME	3.4B	5.3B	-27.68%	-39.89%	511.77	0.65	-11.04%	102.14%
JWN	3.1B	14.7B	2.09%	23.68%	23.25	0.21	-5.39%	-45.51%
SMALL-CAP
EYE	1.4B	2.1B	-18.14%	-13.71%	-21.24	0.66	6.04%	-256.45%
BBW	399.5M	486.1M	-1.11%	29.47%	7.57	0.82	3.88%	10.04%
CONN	90.7M	1.2B	12.69%	-18.20%	-1.18	0.07	-7.81%	-29.69%
BGFV	74.7M	884.7M	-10.24%	-57.25%	-10.55	0.08	-11.13%	-127.10%
BNED	11.2M	1.6B	-66.67%	-86.00%	-0.14	0.01	1.32%	-23.33%

AutoZone Inc News

Latest updates

AutoZone Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-7.9%	3,859	4,190	5,691	4,091	3,691	3,985	5,348	3,865	3,370	3,669	4,913	3,651	2,911	3,154	4,546	2,779	2,514	2,793	3,988	2,783	2,451
Gross Profit	-6.1%	2,080	2,214	3,000	2,146	1,930	1,995	2,756	2,006	1,785	1,925	2,568	1,915	1,559	1,676	2,413	1,491	1,366	1,501	2,130	1,492	1,325
S&GA Expenses	-2.1%	1,336	1,365	1,777	1,288	1,260	1,272	1,652	1,221	1,158	1,171	1,524	1,111	1,078	1,060	1,395	999	958	1,001	1,350	944	925
EBITDA Margin	0.3%	0.21*	0.21*	0.22*	0.22*	0.22*	0.22*	0.23*	0.23*	0.23*	0.23*	0.23*	0.23*	0.22*	0.22*	-	-	-	-	-	-	-
Income Taxes	-23.3%	126	164	249	136	128	126	230	151	113	156	200	162	90.00	127	212	101	64.00	106	154	98.00	64.00
Earnings Before Taxes	-15.4%	641	757	1,114	784	604	665	1,040	744	584	711	986	758	436	569	952	444	364	456	720	504	359
EBT Margin	0.2%	0.18*	0.18*	0.18*	0.18*	0.18*	0.18*	0.19*	0.19*	0.19*	0.19*	0.19*	0.19*	0.18*	0.18*	-	-	-	-	-	-	-
Net Income	-13.2%	515	593	865	648	477	539	810	593	472	555	786	596	346	442	740	343	299	350	565	406	295
Net Income Margin	0.5%	0.15*	0.15*	0.14*	0.14*	0.14*	0.15*	0.15*	0.15*	0.15*	0.15*	0.15*	0.15*	0.14*	0.14*	-	-	-	-	-	-	-
Free Cashflow	-69.9%	179	595	702	554	210	679	925	682	256	676	1,042	1,053	231	570	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	2.6%	16,718	16,293	15,986	15,598	15,545	15,316	15,275	14,521	14,078	14,461	14,516	14,138	14,160	14,569	14,424	12,902	12,864	12,700	9,896	9,774	9,745
Current Assets	2.9%	7,157	6,957	6,779	6,709	6,795	6,633	6,628	6,255	5,904	6,349	6,415	6,224	6,327	6,837	6,812	5,398	5,301	5,157	5,029	4,971	4,997
Cash Equivalents	7.5%	304	283	277	275	301	270	264	263	239	961	1,171	976	1,026	1,664	1,751	509	153	158	176	174	196
Net PPE	3.4%	5,907	5,713	5,597	5,334	5,236	5,195	5,170	4,972	4,879	4,858	4,857	4,683	4,628	4,586	4,509	4,385	4,476	4,451	4,399	4,325	4,270
Goodwill	0%	303	303	303	303	303	303	303	303	303	303	303	303	303	303	303	303	303	303	303	303	303
Current Liabilities	-0.1%	8,773	8,786	8,512	8,465	8,615	8,709	8,588	8,064	7,685	8,088	7,370	7,013	6,804	6,457	6,283	5,769	5,780	5,868	5,512	5,317	5,334
Long Term Debt	0.5%	8,631	8,584	7,669	7,340	7,042	6,328	6,122	6,057	5,841	4,771	5,270	5,268	5,266	5,515	5,513	5,418	5,451	5,287	5,206	5,152	5,111
LT Debt, Current	-	-	-	-	-	-	-	-	-	-	500	-	-	250	-	-	-	-	-	-	-	-
LT Debt, Non Current	0.5%	8,631	8,584	7,669	7,340	7,042	6,328	6,122	6,057	5,841	4,771	5,270	5,268	5,266	5,515	5,513	5,418	5,451	5,287	5,206	5,152	5,111
Shareholder's Equity	7.2%	-4,837	-5,213	-4,349	-	-4,184	-3,837	-3,538	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Retained Earnings	-152.7%	-5,978	-2,365	-2,959	-3,824	-4,471	-790	-1,330	-2,138	-2,730	135	-419	-1,205	-1,801	-1,008	-1,450	-2,191	-2,534	-955	-1,305	-1,870	-2,276
Additional Paid-In Capital	-4.1%	1,486	1,549	1,485	1,426	1,324	1,413	1,354	1,316	1,266	1,500	1,466	1,382	1,314	1,323	1,283	1,259	1,242	1,283	1,264	1,230	1,164
Accumulated Depreciation	2.1%	4,940	4,837	4,741	4,603	4,488	4,377	4,283	4,168	4,086	3,997	3,950	3,856	3,782	3,698	3,627	3,515	3,472	3,394	3,314	3,232	3,167
Shares Outstanding	-2.2%	17.00	18.00	19.00	19.00	19.00	19.00	20.00	20.00	21.00	21.00	22.00	23.00	23.00	23.00	-	-	-	-	-	-	-
Float	-	-	-	-	-	46,248	-	-	-	38,783	-	-	-	24,697	-	-	-	24,662	-	-	-	21,723

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-47.7%	434	830	1,068	725	354	794	1,228	843	362	778	1,288	1,191	356	683	1,417	651	205	447	842	470	368
Share Based Compensation	0.6%	23.00	23.00	31.00	20.00	23.00	19.00	22.00	18.00	16.00	14.00	18.00	14.00	14.00	11.00	13.00	10.00	12.00	10.00	12.00	10.00	11.00
Cashflow From Investing	-1.1%	-273	-270	-397	-208	-156	-113	-287	-149	-120	-90.96	-243	-130	-118	-110	-249	-73.01	-84.20	-90.71	-206	-109	-84.30
Cashflow From Financing	74.5%	-140	-552	-671	-543	-169	-675	-939	-670	-963	-895	-849	-1,110	-877	-663	69.00	-209	-126	-375	-630	-381	-345
Buy Backs	-85.1%	222	1,487	1,000	900	900	900	1,000	900	1,560	900	900	900	900	678	-	166	315	450	692	466	350

AZO Income Statement

2024-02-10

CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		5 Months Ended
	Feb. 10, 2024	Feb. 11, 2023	Feb. 10, 2024	Feb. 11, 2023
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited)
Net sales	$ 3,859,126	$ 3,690,982	$ 8,049,403	$ 7,676,049
Cost of sales, including warehouse and delivery expenses	1,779,474	1,760,979	3,755,735	3,751,424
Gross profit	2,079,652	1,930,003	4,293,668	3,924,625
Operating, selling, general and administrative expenses	1,336,410	1,260,026	2,701,822	2,531,615
Operating profit	743,242	669,977	1,591,846	1,393,010
Interest expense, net	102,619	65,609	194,004	123,332
Income before income taxes	640,623	604,368	1,397,842	1,269,678
Income tax expense	125,593	127,824	289,349	253,816
Net income	$ 515,030	$ 476,544	$ 1,108,493	$ 1,015,862
Weighted average shares for basic earnings per share	17,319	18,705	17,514	18,856
Effect of dilutive stock equivalents	509	632	517	635
Weighted average shares for diluted earnings per share	17,828	19,337	18,031	19,491
Basic earnings per share	$ 29.74	$ 25.48	$ 63.29	$ 53.87
Diluted earnings per share	$ 28.89	$ 24.64	$ 61.48	$ 52.12

AZO Balance Sheet

2024-02-10

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Thousands	Feb. 10, 2024	Aug. 26, 2023
Current assets:
Cash and cash equivalents	$ 304,096	$ 277,054
Accounts receivable	501,117	520,385
Merchandise inventories	5,970,175	5,764,143
Other current assets	381,668	217,844
Total current assets	7,157,056	6,779,426
Property and equipment:
Property and equipment	10,847,940	10,337,890
Less: Accumulated depreciation and amortization	(4,940,456)	(4,741,342)
Property and equipment, net	5,907,484	5,596,548
Operating lease right-of-use assets	2,999,294	2,998,097
Goodwill	302,645	302,645
Deferred income taxes	84,700	86,002
Other long-term assets	266,475	223,160
Total long-term assets	3,653,114	3,609,904
Total assets	16,717,654	15,985,878
Current liabilities:
Accounts payable	7,149,882	7,201,281
Current portion of operating lease liabilities	296,509	257,256
Accrued expenses and other	1,214,996	1,000,841
Income taxes payable	111,222	52,478
Total current liabilities	8,772,609	8,511,856
Long-term debt	8,630,553	7,668,549
Operating lease liabilities, less current portion	2,901,636	2,917,046
Deferred income taxes	539,911	536,278
Other long-term liabilities	710,266	702,043
Commitments and contingencies
Stockholders' deficit:
Preferred stock, authorized 1,000 shares; no shares issued
Common stock, par value $.01 per share, authorized 200,000 shares; 17,351 shares issued and 17,312 shares outstanding as of February 10, 2024; 18,936 shares issued and 17,857 shares outstanding as of August 26, 2023	174	189
Additional paid-in capital	1,485,789	1,484,992
Retained deficit	(5,978,916)	(2,959,278)
Accumulated other comprehensive loss	(204,899)	(190,836)
Treasury stock, at cost	(139,469)	(2,684,961)
Total stockholders' deficit	(4,837,321)	(4,349,894)
Total liabilities and stockholders' deficit	$ 16,717,654	$ 15,985,878

About AutoZone Inc

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. It has stores in the United States, Mexico, and Brazil. The company was founded in 1979 and is based in Memphis, Tennessee.

CEO	Mr. William C. Rhodes III
WEBSITE	autozone.com
INDUSTRY	Internet Retail
EMPLOYEES	65535

AutoZone Inc Frequently Asked Questions

What is the ticker symbol for AutoZone Inc? What does AZO stand for in stocks?

AZO is the stock ticker symbol of AutoZone Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of AutoZone Inc (AZO)?

As of Thu Apr 25 2024, market cap of AutoZone Inc is 50.95 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of AZO stock?

You can check AZO's fair value in chart for subscribers.

What is the fair value of AZO stock?

You can check AZO's fair value in chart for subscribers. The fair value of AutoZone Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of AutoZone Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for AZO so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is AutoZone Inc a good stock to buy?

The fair value guage provides a quick view whether AZO is over valued or under valued. Whether AutoZone Inc is cheap or expensive depends on the assumptions which impact AutoZone Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for AZO.

What is AutoZone Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu Apr 25 2024, AZO's PE ratio (Price to Earnings) is 19.44 and Price to Sales (PS) ratio is 2.86. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. AZO PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on AutoZone Inc's stock?

In the past 10 years, AutoZone Inc has provided 0.187 (multiply by 100 for percentage) rate of return.