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) Gross margin

AutoZone, Inc.'s gross margin over the twelve months to 31 August 2026 was 52.3%. Over the past ten years it has ranged from 52.0% (fiscal 2023) to 53.7% (fiscal 2019); the current reading is higher than 33% of that period. That is above the Auto Parts industry median of 22.6% and above the Consumer Cyclical sector median of 35.0%.

Gross margin, annual

Annual

Period Gross margin Change (points)
FY2026 52.3% (0.28)
FY2025 52.6% (0.47)
FY2024 53.1% 1.13
FY2023 52.0% (0.17)
FY2022 52.1% (0.62)
FY2021 52.8% (0.85)
FY2020 53.6% (0.05)
FY2019 53.7% 0.41
FY2018 53.2% 0.53
FY2017 52.7% (0.03)

Quarterly

Period Gross margin Change (points)
Aug 2026 53.3% 1.19
May 2026 52.2% (0.34)
Feb 2026 52.5% 1.52
Nov 2025 51.0% (0.55)
47 more quarters

Against its own ten years

Low 52.0% High 53.7%
Ten-year median 52.7%
Current reading's percentile 33

Gross margin against peers

Company Gross margin
AZO AutoZone, Inc. 52.3%
ORLY O'Reilly Automotive, Inc. compare 51.6%
GPC Genuine Parts Company compare 36.9%
ALSN Allison Transmission Holdings, Inc. compare 36.4%
MOD Modine Manufacturing Company compare 22.2%
BWA BorgWarner Inc. compare 19.5%
ALV Autoliv, Inc. compare 19.2%
APTV Aptiv PLC compare 19.0%
AUR Aurora Innovation, Inc. compare −400.0%
Auto Parts industry median 22.6%
Consumer Cyclical sector median 35.0%
Market median 46.3%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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