AutoZone, Inc. AZO

2,872.16 10.41 0.36% as of 25 Sep
Market cap
$46.7B
P/E
18.4×
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AutoZone, Inc. (AZO) Debt to equity

AutoZone, Inc.'s debt to equity at the end of the quarter to 31 August 2026 was −3.6×. Over the past ten years it has ranged from −6.3× (fiscal 2020) to −1.7× (fiscal 2022); the current reading is higher than 17% of that period. That is below the Auto Parts industry median of 0.4× and below the Consumer Cyclical sector median of 0.2×.

Debt to equity, annual

Annual

Period Debt to equity Change
FY2026 −3.6× —
FY2025 −2.6× —
FY2024 −1.9× —
FY2023 −1.8× —
FY2022 −1.7× —
FY2021 −2.9× —
FY2020 −6.3× —
FY2019 −3.0× —
FY2018 −3.3× —
FY2017 −3.6× —

Quarterly

Period Debt to equity Change
Aug 2026 −3.6× —
May 2026 −3.2× —
Feb 2026 −3.1× —
Nov 2025 −2.7× —
47 more quarters

Against its own ten years

Low −6.3× High −1.7×
Ten-year median −2.8×
Current reading's percentile 17

Debt to equity against peers

Company Debt to equity
ORLY O'Reilly Automotive, Inc. compare −3.8×
AZO AutoZone, Inc. −3.6×
AUR Aurora Innovation, Inc. compare 0.0×
MOD Modine Manufacturing Company compare 0.4×
APTV Aptiv PLC compare 0.6×
BWA BorgWarner Inc. compare 0.7×
ALV Autoliv, Inc. compare 0.8×
GPC Genuine Parts Company compare 1.1×
ALSN Allison Transmission Holdings, Inc. compare 2.1×
Auto Parts industry median 0.4×
Consumer Cyclical sector median 0.2×
Market median 0.2×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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