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) Return on invested capital

Alert me on Return on invested capital

AutoZone, Inc.'s return on invested capital over the twelve months to 31 August 2026 was 37.2%. Over the past ten years it has ranged from 34.6% (fiscal 2018) to 88.2% (fiscal 2022); the current reading is higher than 17% of that period. That is above the Auto Parts industry median of 4.41% and above the Consumer Cyclical sector median of 3.42%.

Return on invested capital, annual

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Annual newest first

Period Return on invested capital Change (points)
FY2026 37.2% (6.89)
FY2025 44.1% (15.43)
FY2024 59.6% (11.83)
FY2023 71.4% (16.78)
FY2022 88.2% 8.18
FY2021 80.0% 27.60
FY2020 52.4% 10.61
FY2019 41.8% 7.14
FY2018 34.6% (4.07)
FY2017 38.7% (5.00)

Against its own ten years

Low 34.6% High 88.2%
Ten-year median 44.3%
Current reading's percentile 17

Return on invested capital against peers

Company Return on invested capital
ORLY O'Reilly Automotive, Inc. compare 43.3%
AZO AutoZone, Inc. 37.2%
ALV Autoliv, Inc. compare 14.9%
ALSN Allison Transmission Holdings, Inc. compare 10.7%
APTV Aptiv PLC compare 8.31%
LEA Lear Corporation compare 7.85%
BWA BorgWarner Inc. compare 7.78%
GPC Genuine Parts Company compare 6.33%
AUR Aurora Innovation, Inc. compare −82.4%
Auto Parts industry median 4.41%
Consumer Cyclical sector median 3.42%
Market median 0.00%

What Return on invested capital is

Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.

TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)

The full definition of Return on invested capital →

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