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

3,309.71 15.85 −0.48%
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) Piotroski F-score

Alert me on Piotroski F-score

AutoZone, Inc.'s Piotroski F-score for fiscal 2026 is 6 out of 9: 6 of nine tests of profitability, leverage and efficiency passed, unchanged from fiscal 2025.

Piotroski F-score, annual

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Annual newest first

Period Piotroski F-score Change (points)
FY2026 6 0.00
FY2025 6 0.00
FY2024 6 0.00
FY2023 6 0.00
FY2022 6 0.00
FY2021 6 0.00
FY2020 6 (1.00)
FY2019 7 0.00
FY2018 7 1.00
FY2017 6 —

How fiscal 2026’s score is made up

Test This year Year before Result Points
Positive return on assets 12.55% 13.68% Pass 1
Positive operating cash flow 3.25b 3.12b Pass 1
Rising return on assets 12.55% 13.68% Fail 0
Cash flow above net income 676.34m 619.09m Pass 1
Falling long-term leverage 0.44 0.48 Pass 1
Rising current ratio 0.90 0.88 Pass 1
No new shares issued 16,481,000 16,789,000 Pass 1
Rising gross margin 52.34% 52.62% Fail 0
Rising asset turnover 0.99 1.04 Fail 0
Piotroski F-score Mixed 6

How the Piotroski F-score works

One point for each of nine tests, this fiscal year against the one before: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, a rising current ratio, no new shares issued, a rising gross margin and rising asset turnover. The ratios are the ones on this site, so each can be checked.

Joseph Piotroski (2000) called 8–9 high and 0–1 low; reading it in three bands is the common convention:

7–9Strong — most fundamentals improved
4–6Mixed
0–3Weak — most fundamentals deteriorated

Where this differs from the paper: return on assets is on average rather than beginning-of-year assets, and weighted basic shares stand in for shares issued. The score is shown only when all nine tests can be worked out, which takes three fiscal years; banks and insurers, which report no current assets or gross profit, have none.

Piotroski F-score against peers

What Piotroski F-score is

The Piotroski F-Score tells an investor how many signs of improving profitability, funding and efficiency a company shows against a year earlier.

One point for each of nine tests against a year earlier: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, rising current ratio, no new shares issued, rising gross margin, and rising asset turnover

The full definition of Piotroski F-score →

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