Aurora Innovation, Inc. (AUR) vs AutoZone, Inc. (AZO)

Aurora Innovation, Inc. and AutoZone, Inc. are both Auto Parts companies. AutoZone, Inc. is the larger, with a market value of $46.7B against $12.3B — 3.8× the size. Aurora Innovation, Inc. has negative trailing earnings, so its P/E is not meaningful; AutoZone, Inc. trades at 18.4×. AutoZone, Inc. grew revenue faster over the last twelve months: 7.39% against −81.5%. AutoZone, Inc. has the higher net margin (12.7% vs −18,000.0%) and the higher return on invested capital (37.2% vs −82.4%). Across the 17 metrics below, AutoZone, Inc. leads on 15 and Aurora Innovation, Inc. on 2.

Valuation

Metric AUR AZO Auto Parts median
P/E n/m 18.38 17.92
P/S 2,387.01 2.30 0.64
P/B 6.11 n/m 1.15
Price to free cash flow n/m 28.83 12.82
EV/EBITDA n/m 13.11 7.66
EV/Sales 2,143.61 2.76 0.73
Earnings yield (7.78%) 5.44% 2.73%
Free cash flow yield (6.29%) 3.47% 3.47%

Profitability

Metric AUR AZO Auto Parts median
Gross margin (400.00%) 52.34% 22.64%
Operating margin (19,400.00%) 18.31% 3.67%
Net margin (18,000.00%) 12.65% 1.68%
Free cash flow margin (15,020.00%) 0.00% 2.31%
Return on equity (45.64%) 0.00% 2.35%
Return on assets (41.09%) 12.55% 0.89%
Return on invested capital (82.37%) 37.23% 4.55%

Growth

Metric AUR AZO Auto Parts median
Revenue growth (TTM) (81.48%) 7.39% 5.00%
EPS growth (last fiscal year) 4.35% 5.30% —
Revenue growth, 5-year CAGR — 6.81% 7.78%
Net income growth, 5-year CAGR 0.00% 3.46% 0.00%

Health

Metric AUR AZO Auto Parts median
Debt to equity 0.00 (3.63) 0.38
Current ratio 11.38 0.90 1.78
Net debt to EBITDA 1.47 2.35 1.26

Dividend

Metric AUR AZO Auto Parts median
Dividend yield — — 2.37%
Payout ratio 0.00 0.00 0.00

Size

Metric AUR AZO Auto Parts median
Market cap 12.27b 46.74b 914.31m

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