AutoZone, Inc.

AZO Consumer Cyclical Auto Parts

AutoZone, Inc.’s revenue for fiscal 2026 (year ended August 2026) was $20.3 billion, up 7.39% from fiscal 2025.

Revenue
+5.64%
EPS
+14.3%
Free cash flow
+35.7%
Total debt
+3.17%

Quarter to August 2026, against a year earlier

3,237.29 71.68 −2.17%
Market cap
$53.3B
P/E
21.2×
Fwd P/E
18.7×
Dividend yield
—
F-score
6/9
Altman Z
2.50
Beneish M
−2.49
Dividend safety
n/a

AutoZone, Inc. (AZO) Operating margin

Alert me on 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 3.50% and above the Consumer Cyclical sector median of 3.88%.

Operating margin, annual

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Annual newest first

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 newest first

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 20

Operating margin against peers

Company Operating margin
ORLY O'Reilly Automotive, Inc. compare 19.8%
ALSN Allison Transmission Holdings, Inc. compare 18.3%
AZO AutoZone, Inc. 18.3%
ALV Autoliv, Inc. compare 9.06%
APTV Aptiv PLC compare 8.60%
BWA BorgWarner Inc. compare 5.41%
LEA Lear Corporation compare 3.68%
GPC Genuine Parts Company compare 3.60%
AUR Aurora Innovation, Inc. compare −14,357.1%
Auto Parts industry median 3.50%
Consumer Cyclical sector median 3.88%
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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