AutoZone Financial Statements From 2010 to 2024

AZO Stock  USD 3,102  22.36  0.72%   
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
54.1 B
Enterprise Value Revenue
3.6798
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.
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 Short Term Coverage Ratios of 35.95, Price Earnings Ratio of 21.68 or Price To Sales Ratio of 1.39. 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 Total2.4 B3.4 B3.6 B
Pretty Stable
Other Current Liabilities1.6 B1.5 B753.8 M
Slightly volatile
Total Current Liabilities10.3 B9.8 B5.9 B
Slightly volatile
Property Plant And Equipment Net16.1 B15.3 B6.5 B
Slightly volatile
Net Debt2.2 BB3.3 B
Pretty Stable
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
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 Debt310.6 M295.8 M170.9 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
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
Short Term Coverage Ratios35.9537.842929.1854
Slightly volatile
Price Earnings Ratio21.6817.369918.1493
Very volatile
Price To Sales Ratio1.392.36782.0823
Slightly volatile
Dividend Yield0.05240.07540.0843
Pretty Stable
Operating Cycle173296258
Very volatile
Days Of Payables Outstanding165323285
Pretty Stable
Operating Cash Flow Per Share87.6583.477695.4456
Slightly volatile
Dividend Payout Ratio0.91.31051.5484
Very volatile
Price To Operating Cash Flows Ratio16.1413.197412.8792
Slightly volatile
Free Cash Flow Per Share67.2264.023270.5169
Slightly volatile
Price To Free Cash Flows Ratio18.0717.207717.4099
Slightly volatile
Pretax Profit Margin0.110.17120.1528
Slightly volatile
Inventory Turnover2.011.27311.4924
Very volatile
Ebt Per Ebit0.730.91660.8645
Slightly volatile
Payables Turnover1.071.13031.3037
Slightly volatile
Operating Profit Margin0.130.18680.1735
Slightly volatile
Effective Tax Rate0.370.20390.2284
Pretty Stable
Cash Per Share5.349.57959.8797
Slightly volatile
Interest Coverage12.5911.991810.3069
Slightly volatile
Return On Capital Employed0.330.50550.4397
Very volatile
Payout Ratio0.91.31051.5484
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 Ratios0.380.40450.5721
Slightly volatile
Current Ratio1.120.91230.894
Pretty Stable
Fixed Asset Turnover3.32.69712.2888
Slightly volatile
Price Cash Flow Ratio16.1413.197412.8792
Slightly volatile
Enterprise Value Multiple12.7614.970712.7147
Slightly volatile
Debt Ratio0.270.53180.4003
Slightly volatile
Cash Flow To Debt Ratio0.380.40450.5721
Slightly volatile
Price Sales Ratio1.392.36782.0823
Slightly volatile
Return On Assets0.10.16340.1408
Slightly volatile
Receivables Turnover36.4738.394653.9021
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 Fundamental Market Drivers

Forward Price Earnings20.5761
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 2024
Current Deferred Revenue-231.5 M-220 M
Total Revenue20.1 B21.1 B
Cost Of Revenue9.6 B10.1 B
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

  0.76DIBS 1StdibsCom Financial Report 8th of May 2024 PairCorr

Moving against AutoZone Stock

  0.85PDD Pinduoduo Earnings Call TomorrowPairCorr
  0.84DLTH Duluth Holdings Financial Report 6th of June 2024 PairCorr
  0.79BGI Birks GroupPairCorr
  0.77EXTO Almacenes Xito SAPairCorr
  0.64BQ Boqii Holding Limited 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 equities. 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 ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.

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.
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Equity Valuation
Check real value of public entities based on technical and fundamental data
Share Portfolio
Track or share privately all of your investments from the convenience of any device
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
FinTech Suite
Use AI to screen and filter profitable investment opportunities
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
141.84
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.