Market Summary
USD2329.40+21.58
Market Closed0.94%
AZO Alerts
AZO Stock Price
AZO RSI Chart
AZO Valuation
AZO Price/Sales (Trailing)
AZO Profitability
AZO Fundamentals
AZO Revenue
AZO Earnings
Price Action
52 Week Range
1703.322610.05
(Low)(High)
Last 7 days
-3.5%
Last 30 days
-9.3%
Last 90 days
-4.2%
Trailing 12 Months
15.7%
AZO Financial Health
AZO Investor Care
Peers (Alternatives to Autozone)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
ORLY | 50.6B | 14.4B | -3.77% | 15.78% | 23.27 | 3.51 | 8.12% | 0.37% |
AZO | 44.3B | 16.6B | -9.27% | 15.68% | 18.34 | 2.67 | 9.40% | 5.72% |
KMX | 9.1B | 31.6B | -16.85% | -41.80% | 15.86 | 0.29 | 7.73% | -52.09% |
| MID-CAP | ||||||||
PAG | 9.3B | 27.8B | -10.01% | 32.05% | 6.71 | 0.33 | 8.84% | 16.18% |
AAP | 6.6B | 11.2B | -22.83% | -47.92% | 13.09 | 0.59 | 1.43% | -18.54% |
AN | 5.9B | 27.0B | -13.37% | 9.90% | 4.31 | 0.22 | 4.41% | 0.32% |
LAD | 5.8B | 28.2B | -17.52% | -33.88% | 4.63 | 0.21 | 23.46% | 18.01% |
MUSA | 5.7B | 23.4B | -7.70% | 29.37% | 8.48 | 0.24 | 35.05% | 69.54% |
ABG | 4.4B | 15.4B | -13.37% | 14.02% | 4.4 | 0.28 | 66.05% | 78.54% |
GPS | 3.3B | 15.6B | -31.97% | -32.93% | -16.31 | 0.21 | -6.32% | -178.91% |
| SMALL-CAP | ||||||||
TA | 1.3B | 10.8B | 2.29% | 92.05% | 7.94 | 0.12 | 47.82% | 180.33% |
CWH | 804.4M | 7.0B | -18.57% | -34.19% | 5.87 | 0.12 | 0.77% | -50.82% |
HZO | 594.1M | 2.3B | -21.19% | -37.67% | 3.27 | 0.25 | 10.30% | 8.61% |
CRMT | 473.8M | 1.3B | -4.64% | -13.46% | 7.61 | 0.35 | 25.02% | -44.81% |
Financials for Autozone
| Income Statement (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Revenue | 1.9% | 16,568 | 16,252 | 15,817 | 15,603 | 15,144 |
| Gross Profit | 0.8% | 8,542 | 8,473 | 8,285 | 8,193 | 7,967 |
| S&GA Expenses | 1.9% | 5,303 | 5,202 | 5,074 | 4,964 | 4,884 |
| EBITDA | -1.0% | 3,664 | 3,700 | 3,456 | - | - |
| EBITDA Margin | -2.9% | 0.22* | 0.23* | 0.22* | - | - |
| Earnings Before Taxes | -1.5% | 3,033 | 3,079 | 3,025 | 3,040 | 2,891 |
| EBT Margin | -3.4% | 0.18* | 0.19* | 0.19* | - | - |
| Interest Expenses | - | 179 | - | - | - | - |
| Net Income | -0.7% | 2,414 | 2,430 | 2,405 | 2,409 | 2,283 |
| Net Income Margin | -2.6% | 0.15* | 0.15* | 0.15* | - | - |
| Free Cahsflow | 0.1% | 2,542 | 2,539 | 2,656 | - | - |
| Balance Sheet | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Assets | 0.3% | 15,316 | 15,275 | 14,521 | 14,078 | 14,461 |
| Current Assets | 0.1% | 6,633 | 6,628 | 6,255 | 5,904 | 6,349 |
| Cash Equivalents | 2.0% | 270 | 264 | 263 | 239 | 961 |
| Net PPE | 0.5% | 5,195 | 5,170 | 4,972 | 4,879 | 4,858 |
| Goodwill | 0% | 303 | 303 | 303 | 303 | 303 |
| Current Liabilities | 1.4% | 8,709 | 8,588 | 8,064 | 7,685 | 8,088 |
| LT Debt, Current | - | 500 | - | - | - | - |
| LT Debt, Non Current | 3.4% | 6,328 | 6,122 | 6,057 | 5,841 | 4,771 |
| Retained Earnings | 40.5% | -790 | -1,330 | -2,138 | -2,730 | 135 |
| Additional Paid-In Capital | 4.3% | 1,413 | 1,354 | 1,316 | 1,266 | 1,500 |
| Accumulated Depreciation | 2.2% | 4,377 | 4,283 | 4,168 | 4,086 | 3,997 |
| Shares Outstanding | -4.0% | 19.00 | 20.00 | 21.00 | 21.00 | - |
| Cashflow (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Cashflow From Operations | 0.5% | 3,227 | 3,211 | 3,271 | 3,618 | 3,613 |
| Share Based Compensation | 6.7% | 75.00 | 71.00 | 67.00 | 63.00 | 60.00 |
| Cashflow From Investing | -3.5% | -671 | -648 | -603 | -584 | -582 |
| Cashflow From Financing | 6.3% | -3,250 | -3,470 | -3,380 | -3,819 | -3,732 |
| Buy Backs | 0.0% | 4,360 | 4,360 | 4,300 | 4,300 | 3,600 |
Risks for AZO
What is the probability of a big loss on AZO?
35.4%
Probability that Autozone stock will be more than 20% underwater in next one year
19.2%
Probability that Autozone stock will be more than 30% underwater in next one year.
14.6%
Probability that Autozone stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does AZO drawdown profile look like?
Y-axis is the maximum loss one would have experienced if Autozone was unfortunately bought at previous high price.
Drawdowns
Returns for AZO
Cumulative Returns on AZO
19.5%
10-Year Cumulative Returns
16.4%
7-Year Cumulative Returns
29.6%
5-Year Cumulative Returns
42.3%
3-Year Cumulative Returns
What are the long-term rolling returns for AZO?
FIve years rolling returns for Autozone.
Annualized Returns
Which funds bought or sold AZO recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-03-15 | B. Riley Wealth Advisors, Inc. | added | 14.29 | 1,272,750 | 5,304,750 | 0.15% |
2023-03-10 | BAILLIE GIFFORD & CO | added | 107 | 6,226,090 | 10,713,100 | 0.01% |
2023-03-10 | MATHER GROUP, LLC. | added | 5.12 | 184,924 | 1,062,920 | 0.02% |
2023-03-10 | VICTORY CAPITAL MANAGEMENT INC | reduced | -8.63 | 2,298,160 | 46,512,200 | 0.05% |
2023-03-08 | SHEETS SMITH WEALTH MANAGEMENT | unchanged | - | 69,763 | 527,763 | 0.08% |
2023-03-07 | Great Lakes Retirement, Inc. | new | - | 646,139 | 646,139 | 0.16% |
2023-03-06 | Rockefeller Capital Management L.P. | reduced | -17.86 | -71,000 | 1,247,000 | 0.01% |
2023-03-03 | TIAA, FSB | reduced | -8.85 | 39,501 | 838,501 | -% |
2023-03-02 | OLIVER LAGORE VANVALIN INVESTMENT GROUP | reduced | -14.00 | -545 | 106,455 | 0.06% |
2023-03-01 | Lakewood Asset Management LLC | new | - | 2,718,000 | 2,718,000 | 2.20% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
AZO Alerts
Autozone News
Schedule 13G FIlings of Autozone
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Feb 09, 2023 | vanguard group inc | 9.84% | 1,847,481 | SC 13G/A | |
| Feb 09, 2023 | fmr llc | - | 0 | SC 13G | |
| 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 | |
| Feb 09, 2022 | vanguard group inc | 9.44% | 1,948,523 | SC 13G/A | |
| Feb 01, 2022 | blackrock inc. | 7.3% | 1,513,879 | SC 13G/A | |
| Jan 19, 2022 | jpmorgan chase & co | 5.0% | 1,042,048 | SC 13G | |
| Feb 10, 2021 | vanguard group inc | 9.30% | 2,115,696 | SC 13G/A | |
| Feb 08, 2021 | fmr llc | - | 0 | SC 13G/A | |
| Jan 29, 2021 | blackrock inc. | 7.4% | 1,683,482 | SC 13G/A |
AZO Fair Value
Autozone fair value in different scenarios
The table shows the Fair Value estimates for Autozone for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
| Fair Value | Very Pessimistic | Pessimistic | Base Case | Optimistic | Very Optimistic |
|---|---|---|---|---|---|
| Very Low Inflation | 1378.74 -40.81% | 1922.76 -17.46% | 2639.17 13.30% | 3873.94 66.31% | 4860.14 108.64% |
| Current Inflation | 1272.33 -45.38% | 1739.07 -25.34% | 2342.30 0.55% | 3383.52 45.25% | 4208.33 80.66% |
| Very High Inflation | 1139.73 -51.07% | 1516.65 -34.89% | 1991.55 -14.50% | 2814.45 20.82% | 3459.09 48.50% |
Historical Autozone Fair Value Estimates
Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price
Recent SEC filings of Autozone
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Mar 23, 2023 | 8-K | Current Report | |
| Mar 17, 2023 | 10-Q | Quarterly Report | |
| Mar 16, 2023 | 4 | Insider Trading | |
| Mar 09, 2023 | 8-K | Current Report | |
| Mar 07, 2023 | 4 | Insider Trading | |
| Feb 28, 2023 | 8-K | Current Report | |
| Feb 09, 2023 | SC 13G | Major Ownership Report | |
| Feb 09, 2023 | SC 13G/A | Major Ownership Report | |
| Feb 03, 2023 | SC 13G/A | Major Ownership Report | |
| Jan 27, 2023 | 8-K | Current Report |
Latest Insider Trading transactions for AZO
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-03-14 | RHODES WILLIAM C III | sold | -71,631,100 | 2,427 | -29,511 | chairman, president & ceo |
2023-03-14 | RHODES WILLIAM C III | acquired | 21,720,100 | 736 | 29,511 | chairman, president & ceo |
2023-03-06 | McGee Grant E. | sold | -3,955,820 | 2,511 | -1,575 | sr. vice president |
2023-03-06 | McGee Grant E. | acquired | 924,730 | 587 | 1,575 | sr. vice president |
2023-01-20 | Daniele Philip B. | acquired | 146,782 | 587 | 250 | executive vice president |
2023-01-11 | RHODES WILLIAM C III | sold | -9,241,410 | 2,431 | -3,800 | chairman, president & ceo |
2023-01-09 | RHODES WILLIAM C III | sold | -2,975,150 | 2,479 | -1,200 | chairman, president & ceo |
2023-01-05 | McGee Grant E. | acquired | 1,266,240 | 744 | 1,700 | sr. vice president |
2023-01-05 | Daniele Philip B. | acquired | 351,416 | 784 | 448 | executive vice president |
2023-01-05 | McGee Grant E. | sold | -4,165,000 | 2,450 | -1,700 | sr. vice president |
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.
AZO Income Statement
2023-02-11CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | 5 Months Ended | 6 Months Ended | |
|---|---|---|---|---|
Feb. 11, 2023 | Feb. 12, 2022 | Feb. 11, 2023 | Feb. 12, 2022 | |
| CONDENSED CONSOLIDATED STATEMENTS OF INCOME | ||||
| Net sales | $ 3,690,982 | $ 3,369,750 | $ 7,676,049 | $ 7,038,653 |
| Cost of sales, including warehouse and delivery expenses | 1,760,979 | 1,584,524 | 3,751,424 | 3,328,267 |
| Gross profit | 1,930,003 | 1,785,226 | 3,924,625 | 3,710,386 |
| Operating, selling, general and administrative expenses | 1,260,026 | 1,158,466 | 2,531,615 | 2,329,141 |
| Operating profit | 669,977 | 626,760 | 1,393,010 | 1,381,245 |
| Interest expense, net | 65,609 | 42,471 | 123,332 | 85,755 |
| Income before income taxes | 604,368 | 584,289 | 1,269,678 | 1,295,490 |
| Income tax expense | 127,824 | 112,534 | 253,816 | 268,500 |
| Net income | $ 476,544 | $ 471,755 | $ 1,015,862 | $ 1,026,990 |
| Weighted average shares for basic earnings per share | 18,705 | 20,513 | 18,856 | 20,750 |
| Effect of dilutive stock equivalents | 632 | 645 | 635 | 633 |
| Weighted average shares for diluted earnings per share | 19,337 | 21,158 | 19,491 | 21,383 |
| Basic earnings per share | $ 25.48 | $ 23.00 | $ 53.87 | $ 49.49 |
| Diluted earnings per share | $ 24.64 | $ 22.30 | $ 52.12 | $ 48.03 |
AZO Balance Sheet
2023-02-11CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands | Feb. 11, 2023 | Aug. 27, 2022 |
|---|---|---|
| Current assets: | ||
| Cash and cash equivalents | $ 301,286 | $ 264,380 |
| Accounts receivable | 484,767 | 504,886 |
| Merchandise inventories | 5,731,255 | 5,638,004 |
| Other current assets | 277,497 | 220,714 |
| Total current assets | 6,794,805 | 6,627,984 |
| Property and equipment: | ||
| Property and equipment | 9,723,855 | 9,453,171 |
| Less: Accumulated depreciation and amortization | (4,487,726) | (4,282,752) |
| Property and equipment, net | 5,236,129 | 5,170,419 |
| Operating lease right-of-use assets | 2,943,844 | 2,918,817 |
| Goodwill | 302,645 | 302,645 |
| Deferred income taxes | 59,814 | 52,047 |
| Other long-term assets | 207,905 | 203,131 |
| Other long-term assets, total | 3,514,208 | 3,476,640 |
| Total assets | 15,545,142 | 15,275,043 |
| Current liabilities: | ||
| Accounts payable | 7,321,551 | 7,301,347 |
| Current portion of operating lease liabilities | 275,269 | 243,407 |
| Accrued expenses and other | 933,735 | 1,008,701 |
| Income taxes payable | 84,063 | 34,938 |
| Total current liabilities | 8,614,618 | 8,588,393 |
| Long-term debt | 7,042,302 | 6,122,092 |
| Operating lease liabilities, less current portion | 2,854,227 | 2,837,973 |
| Deferred income taxes | 536,102 | 533,884 |
| Other long-term liabilities | 682,063 | 731,614 |
| 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; 18,786 shares issued and 18,467 shares outstanding as of February 11, 2023; 20,732 shares issued and 19,126 shares outstanding as of August 27, 2022 | 188 | 207 |
| Additional paid-in capital | 1,324,258 | 1,354,252 |
| Retained deficit | (4,471,842) | (1,330,067) |
| Accumulated other comprehensive loss | (269,312) | (300,536) |
| Treasury stock, at cost | (767,462) | (3,262,769) |
| Total stockholders' deficit | (4,184,170) | (3,538,913) |
| Total liabilities and stockholders' deficit | $ 15,545,142 | $ 15,275,043 |