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) Operating margin

AutoZone, Inc.'s operating margin over the twelve months to 31 August 2026 was 18.3%. Over the past ten years it has ranged from 16.1% (fiscal 2018) to 20.5% (fiscal 2024); the current reading is higher than 17% of that period. That is above the Auto Parts industry median of 3.67% and above the Consumer Cyclical sector median of 3.34%.

Operating margin, annual

Annual

Period Operating margin Change (points)
FY2026 18.3% (0.75)
FY2025 19.1% (1.43)
FY2024 20.5% 0.59
FY2023 19.9% (0.22)
FY2022 20.1% (0.01)
FY2021 20.1% 0.99
FY2020 19.1% 0.46
FY2019 18.7% 2.54
FY2018 16.1% (2.96)
FY2017 19.1% (0.27)

Quarterly

Period Operating margin Change (points)
Aug 2026 20.0% 0.89
May 2026 19.1% 2.74
Feb 2026 16.3% (0.60)
Nov 2025 16.9% (2.22)
47 more quarters

Against its own ten years

Low 16.1% High 20.5%
Ten-year median 19.2%
Current reading's percentile 17

Operating margin against peers

Company Operating margin
ALSN Allison Transmission Holdings, Inc. compare 19.6%
ORLY O'Reilly Automotive, Inc. compare 19.6%
AZO AutoZone, Inc. 18.3%
MOD Modine Manufacturing Company compare 10.1%
ALV Autoliv, Inc. compare 9.17%
APTV Aptiv PLC compare 5.58%
BWA BorgWarner Inc. compare 4.99%
GPC Genuine Parts Company compare 3.66%
AUR Aurora Innovation, Inc. compare −19,400.0%
Auto Parts industry median 3.67%
Consumer Cyclical sector median 3.34%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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