Full text
Earnings transcript
Read the complete earnings call transcript.
AZO
AutoZone, Inc.
$3200
-53.01
(-1.63%)
| Exchange: | NYSE |
| Market Cap: | 51.502B |
| Shares Outstanding: | 122.632M |
Delayed data
About The Company
| Sector: | Consumer CyclicalView sector performance | |||||
| Industry: | Specialty RetailView industry performance | |||||
| CEO: | Philip Daniele | |||||
| Full Time Employees: | 130000 | |||||
| Address: |
| |||||
| Website: | https://www.autozone.com |
AutoZone, Inc. operates as a leading retailer and distributor specializing in automotive replacement parts and accessories. The company’s comprehensive inventory caters to a diverse range of vehicles, including cars, sport utility vehicles, vans, and light trucks. Their product offerings encompass both new and remanufactured critical hard parts, essential maintenance items, various accessories, and a selection of non-automotive goods. Key automotive components available include A/C compressors, batteries, bearings, belts, hoses, brake calipers, chassis parts, clutches, CV axles, engines, fuel pumps, fuses, ignition and lighting systems, mufflers, radiators, starters, alternators, thermostats, water pumps, and tire repair kits. For vehicle upkeep, AutoZone supplies antifreeze, windshield washer fluid, an extensive array of brake components (drums, rotors, shoes, pads), various automotive fluids (brake, power steering, oil, transmission), oil and fuel additives, and filters for oil, cabin air, engine air, fuel, and transmission. Other maintenance products cover oxygen sensors, paints, refrigerants, shock absorbers, struts, spark plugs, wires, and windshield wipers. Beyond functional parts, the company offers a wide assortment of accessories and general merchandise such as air fresheners, mobile phone accessories, snacks, drinks, floor mats, seat covers, interior and exterior styling products, mirrors, performance parts, protectants, cleaners, sealants, adhesives, steering wheel covers, car stereos, radios, various tools, and vehicle wash/wax supplies. Additionally, they provide towing services. AutoZone also extends its reach through several channels: a commercial program providing credit and delivery services for professional clients; sales of automotive diagnostic and repair software under the ALLDATA brand via alldata.com and alldatadiy.com; and online retail of its full product range (hard parts, maintenance, accessories, non-automotive items) through autozone.com. As of November 20, 2021, AutoZone maintained a significant operational footprint, with 6,066 stores in the United States, 666 stores in Mexico, and 53 stores in Brazil. The company was established in 1979 and is headquartered in Memphis, Tennessee.
Click to read more…
Revenue Segmentation
Revenue by type
Revenue by region
AZO full analysis
Hey everyone, welcome back to MarketSnap. AutoZone just posted a blowout quarter, the stock jumped six percent, and yet it's still down about thirty percent over the past year. That disconnect is exactly what we're digging into today — because a great quarter and a great stock aren't always the same thing. We're going to stress-test AutoZone with MarketSnap's valuation model, walk through the business, the numbers, the risks, and figure out whether this is a genuine opportunity or a…
EPS
Historical EPS and analyst estimates in one chart. Log in for the full interactive view and links to detailed estimates.
Earnings Call
AI summary
Key takeaways
Short, structured highlights from the call so you can focus on what matters.
Log in to continue
Log in to read the full transcript and AI-generated earnings summaries.
Login — it's freeIncome Statement
| Year | 2024 | 2025 | 2026 |
|---|---|---|---|
| Revenue | 18,490,268 | 18,938,717 | 20,338,555 |
| Gross Profit | 9,817,052 | 9,966,474 | 10,644,974 |
| EBITDA | 4,349,775 | 4,223,355 | 3,723,314 |
| Operating Income | 3,788,708 | 3,610,156 | 3,723,314 |
| Net Income | 2,662,427 | 2,498,247 | 2,572,777 |
(* All numbers are in thousands)
Balance Sheet
| Year | 2024 | 2025 | 2026 |
|---|---|---|---|
| Total Assets | 17,176,538 | 19,355,324 | 21,630,510 |
| Total Liabilities | 21,926,152 | 21,413,108 | 22,553,969 |
| Total Stockholders Equity | -4,749,614 | -2,057,784 | -2,502,470 |
| Total Debt | 12,366,969 | 11,893,711 | 12,447,439 |
| Cash and Cash Equivalents | 298,172 | 271,803 | 326,115 |
(* All numbers are in thousands)
Cash Flow Statement
| Year | 2024 | 2025 | 2026 |
|---|---|---|---|
| Operating Cash Flow | 3,004,116 | 0 | 0 |
| Capital Expenditure | -1,072,696 | 0 | 0 |
| Free Cash Flow | 1,931,420 | 0 | 0 |
| Net Income | 2,662,427 | 0 | 0 |
| Net Change in Cash | 21,118 | 0 | 0 |
(* All numbers are in thousands)
Analyst Estimates
| Fiscal Year | 2030 | Research Access | Research Access | Research Access | Research Access |
|---|---|---|---|---|---|
| Estimated Revenue (Low) | 26,017,425.286 | Research Access | Research Access | Research Access | Research Access |
| Estimated Revenue (High) | 26,952,500.194 | Research Access | Research Access | Research Access | Research Access |
| Estimated Revenue (Avg) | 26,461,000 | Research Access | Research Access | Research Access | Research Access |
| Estimated Ebitda (Low) | 6,928,578.768 | Research Access | Research Access | Research Access | Research Access |
| Estimated Ebitda (High) | 7,178,930.093 | Research Access | Research Access | Research Access | Research Access |
| Estimated Ebitda (Avg) | 7,047,338.711 | Research Access | Research Access | Research Access | Research Access |
| Estimated Net Income (Low) | 4,236,551.157 | Research Access | Research Access | Research Access | Research Access |
| Estimated Net Income (High) | 4,435,510.778 | Research Access | Research Access | Research Access | Research Access |
| Estimated Net Income (Avg) | 4,330,932.256 | Research Access | Research Access | Research Access | Research Access |
| Estimated SGA Expense (Low) | 8,547,401.474 | Research Access | Research Access | Research Access | Research Access |
| Estimated SGA Expense (High) | 8,854,597.922 | Research Access | Research Access | Research Access | Research Access |
| Estimated SGA Expense (Avg) | 8,693,127.314 | Research Access | Research Access | Research Access | Research Access |
| Estimated EPS (Avg) | 256.800 | Research Access | Research Access | Research Access | Research Access |
| Estimated EPS (High) | 263 | Research Access | Research Access | Research Access | Research Access |
| Estimated EPS (Low) | 251.200 | Research Access | Research Access | Research Access | Research Access |
| Number of Analysts (Estimated Revenue) | 5 | Research Access | Research Access | Research Access | Research Access |
| Number of Analysts (Estimated EPS) | 4 | Research Access | Research Access | Research Access | Research Access |
Log in to continue
Log in and subscribe to Full Access to see up to 5 years of analyst estimates.
Login — it's free(* All numbers are in thousands)
Current Key Metrics
Log in to continue
Log in to see all key valuation metrics and ratios for this symbol.
Login — it's freeForward P/E Ratios
Log in to continue
Log in with Full Access for forward P/E high/low estimates and the full multi-year table.
Login — it's freeSWOT Analysis
Strengths (preview)
- Consistent Top-Line Growth and Profitability: AutoZone reported a 2.4% increase in total sales for Q2 2025. The company maintains strong profitability metrics, including a Return on Equity (ROE) and Return on Invested Capital (ROIC) that historically outperform the broader retail sector, supported by a gross profit margin that reflects pricing power in the aftermarket parts industry.
- Robust Cash Flow Generation: The company demonstrates strong free cash flow (FCF) generation capabilities. This liquidity supports its aggressive share buyback program and dividend payments, effectively returning value to shareholders despite the capital-intensive nature of its retail and distribution network.
- Resilient Business Model: Operating in the automotive aftermarket sector, AZO benefits from a non-discretionary demand profile. As vehicles age, maintenance and repair needs increase, providing a defensive moat against economic downturns compared to discretionary retailers.
Log in with Research Access for Weaknesses, Opportunities, Threats, and the complete SWOT.
At what price to buy it? -
Intrinsic Value Calculator
Based on current fundamentals and analyst forecasts, MarketSnap estimates AZO intrinsic value between $3,285.68 – $3,561.70 per share. This depends on revenue growth, margins, and discount rate.
This is an automatic estimate. The most reliable way to know fair value for your own assumptions is to run the calculator below.
Common questions about AZO valuation
Is AutoZone, Inc. (AZO) overvalued or undervalued right now?
MarketSnap estimates intrinsic value for AutoZone, Inc. (AZO) using its proprietary valuation methodology, which incorporates discounted cash flow (DCF) analysis together with long-term earnings and fundamentals assumptions. By comparing intrinsic value to the current market price, long-term investors can see whether the stock screens as potentially overvalued, fairly valued, or undervalued today.
Is AZO a buy, hold, or sell for long-term investors?
MarketSnap does not give one-word “buy” or “sell” calls. Instead, it shows whether AZO trades at a premium or discount to its estimated intrinsic value, how sensitive that value is to growth and margin assumptions, and how the stock fits into a diversified, long-term portfolio so investors can make their own buy, hold, or sell decision.
What is AZO’s P/E ratio?
You can see AZO’s trailing P/E (TTM) and forward P/E estimates in the Current Key Metrics and Forward P/E Ratios sections above. The P/E ratio compares the current share price to earnings per share and helps investors gauge valuation relative to earnings.
How is intrinsic value calculated for AZO?
MarketSnap uses its own valuation framework—not a generic spreadsheet DCF alone. Future cash flows and earnings are projected, discounted, and combined with MarketSnap’s methodology so intrinsic value reflects fundamentals and long-term assumptions. You can run your own inputs and see the result using the Intrinsic Value Calculator above.
Is AZO a good long-term investment?
Whether AZO fits a long-term portfolio depends on your assumptions about growth, margins, and risk. MarketSnap provides the metrics, intrinsic value calculator, and SWOT context so you can form your own view rather than rely on a single buy/sell rating.
AZO
1-day price chart preview. Log in for 1W through 5Y ranges and period tabs.
Daily snapshot
-1.63
Trading Metrics:
| Open: | 3225.91 | Previous Close: | 3253.01 | |
| Day Low: | 3186.43 | Day High: | 3240.05 | |
| Year Low: | 2730.65 | Year High: | 3996.25 | |
| Price Avg 50: | 2969.94 | Price Avg 200: | 3260.52 | |
| Volume: | 119722 | Average Volume: | 275321 |
Log in to continue
Log in for multi-period charts (1W–5Y), period tabs, and the same layout as members.
Login — it's free
