AutoZone Financial Statements From 2010 to 2024

AZO Stock  USD 2,989  27.47  0.93%   
AutoZone financial statements provide useful quarterly and yearly information to potential AutoZone investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on AutoZone financial statements helps investors assess AutoZone's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting AutoZone's valuation are summarized below:
Gross Profit
9.1 B
Profit Margin
0.147
Market Capitalization
51.2 B
Enterprise Value Revenue
3.521
Revenue
17.8 B
We have found one hundred twenty available fundamental signals for AutoZone, which can be analyzed and compared to other ratios and to its rivals. Self-guided Investors are advised to validate AutoZone's prevailing fundamentals against the trend between 2010 and 2024 to make sure the company can sustain itself down the road. As of the 25th of April 2024, Enterprise Value is likely to grow to about 8.3 B, while Market Cap is likely to drop about 6.3 B.

AutoZone Total Revenue

21.08 Billion

Check AutoZone financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among AutoZone main balance sheet or income statement drivers, such as Depreciation And Amortization of 600.8 M, Interest Expense of 369.9 M or Selling General Administrative of 6.8 B, as well as many exotic indicators such as Price To Sales Ratio of 1.38, Dividend Yield of 0.0 or Days Sales Outstanding of 9.98. AutoZone financial statements analysis is a perfect complement when working with AutoZone Valuation or Volatility modules.
  
This module can also supplement AutoZone's financial leverage analysis and stock options assessment as well as various AutoZone Technical models . Check out the analysis of AutoZone Correlation against competitors.
To learn how to invest in AutoZone Stock, please use our How to Invest in AutoZone guide.

AutoZone Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets19.3 B18.4 B10.9 B
Slightly volatile
Short and Long Term Debt Total13.2 B12.6 B6.7 B
Slightly volatile
Other Current Liabilities266 M138.1 M341 M
Slightly volatile
Total Current Liabilities10.3 B9.8 B5.9 B
Slightly volatile
Property Plant And Equipment Net10.4 B9.9 B5.4 B
Slightly volatile
Net Debt12.9 B12.3 B6.3 B
Slightly volatile
Accounts Payable8.7 B8.3 B4.9 B
Slightly volatile
Cash194.4 M318.6 M360 M
Slightly volatile
Non Current Assets Total11.1 B10.6 B5.9 B
Slightly volatile
Non Currrent Assets Other191.1 M162.5 M326.5 M
Slightly volatile
Cash And Short Term Investments194.4 M318.6 M360 M
Slightly volatile
Net Receivables628.4 M598.4 M327.8 M
Slightly volatile
Common Stock Shares Outstanding16.3 M17.2 M33.2 M
Slightly volatile
Liabilities And Stockholders Equity19.3 B18.4 B10.9 B
Slightly volatile
Non Current Liabilities Total14.3 B13.6 B7.3 B
Slightly volatile
InventoryB6.6 B4.1 B
Slightly volatile
Other Current Assets263 M250.5 M170.5 M
Slightly volatile
Total Liabilities24.6 B23.4 B13.2 B
Slightly volatile
Property Plant And Equipment Gross16.1 B15.3 B6.5 B
Slightly volatile
Total Current Assets8.2 B7.8 BB
Slightly volatile
Short Term Debt415.6 M395.8 M190.4 M
Slightly volatile
Intangible Assets1.6 M1.7 M68.4 M
Slightly volatile
Good Will334.7 M348 M315.3 M
Pretty Stable
Common Stock Total Equity177 K186.3 K350.2 K
Slightly volatile
Common Stock161.6 K170.1 K349.4 K
Slightly volatile
Other Liabilities1.5 B1.4 B799.3 M
Slightly volatile
Other Assets373.3 M355.5 M207 M
Slightly volatile
Long Term Debt9.3 B8.8 B5.4 B
Slightly volatile
Property Plant Equipment10.4 B9.9 B5.3 B
Slightly volatile
Current Deferred RevenueB973.3 M421.3 M
Slightly volatile
Short Term Investments32.1 M45.6 M34.7 M
Slightly volatile
Long Term Debt Total5.5 BB5.3 B
Slightly volatile
Capital Surpluse1.2 B1.7 B1.1 B
Slightly volatile
Non Current Liabilities Other597.4 M807.3 M565.3 M
Slightly volatile
Long Term Investments83 M81.6 M74.3 M
Slightly volatile
Deferred Long Term Asset Charges27 M30.4 M33.1 M
Slightly volatile
Short and Long Term Debt5.3 B5.8 B4.9 B
Slightly volatile
Capital Lease Obligations3.5 B3.4 B1.2 B
Slightly volatile
Net Invested Capital2.8 BB3.5 B
Slightly volatile
Cash And Equivalents302.7 M318.6 M435.5 M
Pretty Stable
Capital Stock185.6 K170.1 K244.8 K
Slightly volatile

AutoZone Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization600.8 M572.2 M348.1 M
Slightly volatile
Interest Expense369.9 M352.3 M197.9 M
Slightly volatile
Selling General Administrative6.8 B6.4 BB
Slightly volatile
Total Revenue21.1 B20.1 B12.3 B
Slightly volatile
Gross Profit11 B10.4 B6.5 B
Slightly volatile
Other Operating Expenses16.9 B16.1 B9.9 B
Slightly volatile
Operating Income4.2 BB2.4 B
Slightly volatile
EBIT4.2 BB2.4 B
Slightly volatile
EBITDA4.8 B4.6 B2.7 B
Slightly volatile
Cost Of Revenue10.1 B9.6 B5.9 B
Slightly volatile
Total Operating Expenses6.8 B6.4 B4.1 B
Slightly volatile
Income Before Tax3.8 B3.6 B2.2 B
Slightly volatile
Net Income3.1 B2.9 B1.6 B
Slightly volatile
Income Tax Expense771.8 M735.1 M548.8 M
Slightly volatile
Net Income Applicable To Common Shares3.1 B2.9 B1.6 B
Slightly volatile
Net Income From Continuing Ops1.6 B2.9 B1.6 B
Slightly volatile
Tax Provision446.5 M575.3 M574.3 M
Slightly volatile
Interest Income369.9 M352.3 M159.2 M
Slightly volatile
Reconciled Depreciation437.3 M572.2 M382.1 M
Slightly volatile
Extraordinary Items7.5 M7.9 M105.8 M
Slightly volatile

AutoZone Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Stock Based Compensation112.4 M107.1 M53.4 M
Slightly volatile
Free Cash Flow2.6 B2.5 B1.6 B
Slightly volatile
Begin Period Cash Flow188.4 M304 M346.6 M
Slightly volatile
Depreciation600.8 M572.2 M348.1 M
Slightly volatile
Capital Expenditures962 M916.2 M550.4 M
Slightly volatile
Total Cash From Operating Activities3.6 B3.4 B2.1 B
Slightly volatile
Net Income3.1 B2.9 B1.6 B
Slightly volatile
Issuance Of Capital Stock152.4 M209.9 M121.4 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.382.31842.0381
Slightly volatile
Days Sales Outstanding9.989.50658.8376
Slightly volatile
Free Cash Flow Yield0.03590.05940.0597
Slightly volatile
Operating Cash Flow Per Share89.5285.256597.8436
Slightly volatile
EV To Sales1.622.74712.5041
Slightly volatile
Free Cash Flow Per Share68.6665.387472.285
Slightly volatile
ROIC0.520.49720.419
Slightly volatile
Inventory Turnover2.011.27311.4924
Very volatile
Net Income Per Share68.0264.776975.9297
Slightly volatile
Days Of Inventory On Hand169287250
Very volatile
Payables Turnover1.071.13031.3037
Slightly volatile
Cash Per Share5.459.783610.1312
Slightly volatile
POCF Ratio16.0712.922112.624
Slightly volatile
Interest Coverage12.5911.991810.3069
Slightly volatile
PFCF Ratio17.6916.848617.0446
Slightly volatile
Days Payables Outstanding165323285
Pretty Stable
Income Quality1.551.31621.4629
Slightly volatile
EV To Operating Cash Flow18.2915.311715.4477
Slightly volatile
PE Ratio21.5917.007417.8227
Very volatile
Return On Tangible Assets0.10.16870.145
Slightly volatile
EV To Free Cash Flow20.9619.964420.9407
Slightly volatile
Earnings Yield0.04650.05880.0579
Pretty Stable
Intangibles To Total Assets0.05490.03120.0346
Slightly volatile
Net Debt To EBITDA1.222.29512.4109
Pretty Stable
Current Ratio1.120.91230.894
Pretty Stable
Receivables Turnover36.4738.394653.9021
Slightly volatile
Graham Number332316438
Slightly volatile
Revenue Per Share499475563
Slightly volatile
Interest Debt Per Share229218318
Slightly volatile
Debt To Assets0.310.53180.5647
Pretty Stable
Enterprise Value Over EBITDA12.9814.706313.276
Slightly volatile
Short Term Coverage Ratios35.9537.842928.2231
Slightly volatile
Price Earnings Ratio21.5917.007417.8227
Very volatile
Operating Cycle173296258
Very volatile
Days Of Payables Outstanding165323285
Pretty Stable
Price To Operating Cash Flows Ratio16.0712.922112.624
Slightly volatile
Price To Free Cash Flows Ratio17.6916.848617.0446
Slightly volatile
Pretax Profit Margin0.110.17120.1528
Slightly volatile
Ebt Per Ebit0.730.91660.8645
Slightly volatile
Operating Profit Margin0.130.18680.1735
Slightly volatile
Effective Tax Rate0.370.20390.2284
Pretty Stable
Long Term Debt To Capitalization0.771.49071.4443
Pretty Stable
Total Debt To Capitalization1.561.48291.48
Slightly volatile
Return On Capital Employed0.330.50550.4397
Very volatile
Ebit Per Revenue0.130.18680.1735
Slightly volatile
Quick Ratio0.07990.10040.0889
Slightly volatile
Net Income Per E B T0.530.79610.7649
Very volatile
Cash Ratio0.03040.0320.0346
Very volatile
Operating Cash Flow Sales Ratio0.10.17940.1648
Very volatile
Days Of Inventory Outstanding169287250
Very volatile
Days Of Sales Outstanding9.989.50658.8376
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.810.76690.7359
Slightly volatile
Cash Flow Coverage Ratios0.380.40450.3529
Slightly volatile
Fixed Asset Turnover3.322.69712.5308
Slightly volatile
Price Cash Flow Ratio16.0712.922112.624
Slightly volatile
Enterprise Value Multiple12.9814.706313.276
Slightly volatile
Debt Ratio0.310.53180.5647
Pretty Stable
Cash Flow To Debt Ratio0.380.40450.3529
Slightly volatile
Price Sales Ratio1.382.31842.0381
Slightly volatile
Return On Assets0.10.16340.1408
Slightly volatile
Asset Turnover1.521.19891.2106
Pretty Stable
Net Profit Margin0.07610.13630.1198
Slightly volatile
Gross Profit Margin0.380.53650.5094
Pretty Stable

AutoZone Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap6.3 B6.8 B15 B
Slightly volatile
Enterprise Value8.3 B7.9 B8.4 B
Slightly volatile

AutoZone Fundamental Market Drivers

Forward Price Earnings19.4932
Cash And Short Term Investments277.1 M

AutoZone Upcoming Events

27th of February 2024
Upcoming Quarterly Report
View
28th of May 2024
Next Financial Report
View
29th of February 2024
Next Fiscal Quarter End
View
17th of September 2024
Next Fiscal Year End
View
30th of November 2023
Last Quarter Report
View
31st of August 2023
Last Financial Announcement
View

About AutoZone Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include AutoZone income statement, its balance sheet, and the statement of cash flows. AutoZone investors use historical funamental indicators, such as AutoZone's revenue or net income, to determine how well the company is positioned to perform in the future. Although AutoZone investors may use each financial statement separately, they are all related. The changes in AutoZone's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on AutoZone's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on AutoZone Financial Statements. Understanding these patterns can help to make the right decision on long term investment in AutoZone. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue973.3 MB
Total Revenue20.1 B21.1 B
Cost Of Revenue9.6 B10.1 B
Stock Based Compensation To Revenue 0  0 
Sales General And Administrative To Revenue 0.00  0.00 
Research And Ddevelopement To Revenue 0.00  0.00 
Capex To Revenue(0.04)(0.04)
Revenue Per Share 475.20  498.96 
Ebit Per Revenue 0.19  0.13 

Pair Trading with AutoZone

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if AutoZone position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in AutoZone will appreciate offsetting losses from the drop in the long position's value.

Moving together with AutoZone Stock

  0.89DIBS 1StdibsCom Financial Report 8th of May 2024 PairCorr
  0.71JD JD Inc Adr Aggressive PushPairCorr

Moving against AutoZone Stock

  0.89AAN AaronsPairCorr
  0.71ETSY Etsy Inc Earnings Call This WeekPairCorr
  0.65BGI Birks GroupPairCorr
  0.57WEYS Weyco GroupPairCorr
  0.51EXPE Expedia Group Earnings Call This WeekPairCorr
The ability to find closely correlated positions to AutoZone could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AutoZone when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back AutoZone - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling AutoZone to buy it.
The correlation of AutoZone is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as AutoZone moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AutoZone moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for AutoZone can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether AutoZone offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of AutoZone's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Autozone Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Autozone Stock:
Check out the analysis of AutoZone Correlation against competitors.
To learn how to invest in AutoZone Stock, please use our How to Invest in AutoZone guide.
Note that the AutoZone information on this page should be used as a complementary analysis to other AutoZone's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.

Complementary Tools for AutoZone Stock analysis

When running AutoZone's price analysis, check to measure AutoZone's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy AutoZone is operating at the current time. Most of AutoZone's value examination focuses on studying past and present price action to predict the probability of AutoZone's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AutoZone's price. Additionally, you may evaluate how the addition of AutoZone to your portfolios can decrease your overall portfolio volatility.
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Is AutoZone's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of AutoZone. If investors know AutoZone will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about AutoZone listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.172
Earnings Share
141.83
Revenue Per Share
999.527
Quarterly Revenue Growth
0.046
Return On Assets
0.1423
The market value of AutoZone is measured differently than its book value, which is the value of AutoZone that is recorded on the company's balance sheet. Investors also form their own opinion of AutoZone's value that differs from its market value or its book value, called intrinsic value, which is AutoZone's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because AutoZone's market value can be influenced by many factors that don't directly affect AutoZone's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between AutoZone's value and its price as these two are different measures arrived at by different means. Investors typically determine if AutoZone is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AutoZone's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.