| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 1/6 |
| Past Performance | 4/6 |
| Financial Health | 2/6 |
| Dividends | 0/6 |
AZO Stock Overview
AutoZone, Inc. retails and distributes automotive replacement parts and accessories.
AutoZone Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$1,964.66 |
| 52 Week High | US$2,267.40 |
| 52 Week Low | US$1,367.96 |
| Beta | 0.90 |
| 1 Month Change | -10.52% |
| 3 Month Change | 9.47% |
| 1 Year Change | 39.34% |
| 3 Year Change | 91.20% |
| 5 Year Change | 224.24% |
| Change since IPO | 26,652.82% |
Recent News & Updates
With EPS Growth And More, AutoZone (NYSE:AZO) Is Interesting
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
AutoZone Could Be A High-Inflation Winner, Here's How
Inflation is running red hot at 8.5% year-over-year in March. Used car prices ticked down slightly; however, the damage is already done. Could this be a net benefit to AutoZone, or will added costs cut into profits?
Estimating The Intrinsic Value Of AutoZone, Inc. (NYSE:AZO)
In this article we are going to estimate the intrinsic value of AutoZone, Inc. ( NYSE:AZO ) by taking the expected...
Shareholder Returns
| AZO | US Specialty Retail | US Market | |
|---|---|---|---|
| 7D | 6.8% | -0.6% | 1.0% |
| 1Y | 39.3% | -27.4% | -15.1% |
Return vs Industry: AZO exceeded the US Specialty Retail industry which returned -29.4% over the past year.
Return vs Market: AZO exceeded the US Market which returned -13.2% over the past year.
Price Volatility
| AZO volatility | |
|---|---|
| AZO Average Weekly Movement | 6.0% |
| Specialty Retail Industry Average Movement | 8.7% |
| Market Average Movement | 7.8% |
| 10% most volatile stocks in US Market | 16.8% |
| 10% least volatile stocks in US Market | 2.9% |
Stable Share Price: AZO is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: AZO's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1979 | 85,050 | Bill Rhodes | https://www.autozone.com |
AutoZone, Inc. retails and distributes automotive replacement parts and accessories. The company offers various products for cars, sport utility vehicles, vans, and light trucks, including new and remanufactured automotive hard parts, maintenance items, accessories, and non-automotive products. Its products include A/C compressors, batteries and accessories, bearings, belts and hoses, calipers, chassis, clutches, CV axles, engines, fuel pumps, fuses, ignition and lighting products, mufflers, radiators, starters and alternators, thermostats, and water pumps, as well as tire repairs.
AutoZone Fundamentals Summary
| AZO fundamental statistics | |
|---|---|
| Market Cap | US$38.46b |
| Earnings (TTM) | US$2.41b |
| Revenue (TTM) | US$15.60b |
16.0x
P/E Ratio2.5x
P/S RatioIs AZO overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| AZO income statement (TTM) | |
|---|---|
| Revenue | US$15.60b |
| Cost of Revenue | US$7.41b |
| Gross Profit | US$8.19b |
| Other Expenses | US$5.78b |
| Earnings | US$2.41b |
Last Reported Earnings
Feb 12, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | 123.06 |
| Gross Margin | 52.51% |
| Net Profit Margin | 15.44% |
| Debt/Equity Ratio | -186.2% |
How did AZO perform over the long term?
See historical performance and comparisonValuation
Is AutoZone undervalued compared to its fair value and its price relative to the market?
Valuation Score
1/6Valuation Score 1/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry
11.7%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: AZO ($1964.66) is trading below our estimate of fair value ($2224.36)
Significantly Below Fair Value: AZO is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: AZO is poor value based on its Price-To-Earnings Ratio (16x) compared to the US Specialty Retail industry average (6x).
PE vs Market: AZO is poor value based on its Price-To-Earnings Ratio (16x) compared to the US market (14.9x).
Price to Earnings Growth Ratio
PEG Ratio: AZO is poor value based on its PEG Ratio (4.8x)
Price to Book Ratio
PB vs Industry: AZO has negative assets, so we can't compare its Price-To-Book Ratio to the US Specialty Retail industry average.
Future Growth
How is AutoZone forecast to perform in the next 1 to 3 years based on estimates from 19 analysts?
Future Growth Score
1/6Future Growth Score 1/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
3.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AZO's forecast earnings growth (3.3% per year) is above the savings rate (1.9%).
Earnings vs Market: AZO's earnings (3.3% per year) are forecast to grow slower than the US market (12.1% per year).
High Growth Earnings: AZO's earnings are forecast to grow, but not significantly.
Revenue vs Market: AZO's revenue (4.2% per year) is forecast to grow slower than the US market (7.7% per year).
High Growth Revenue: AZO's revenue (4.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if AZO's Return on Equity is forecast to be high in 3 years time
Past Performance
How has AutoZone performed over the past 5 years?
Past Performance Score
4/6Past Performance Score 4/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
13.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AZO has high quality earnings.
Growing Profit Margin: AZO's current net profit margins (15.4%) are higher than last year (14%).
Past Earnings Growth Analysis
Earnings Trend: AZO's earnings have grown by 13.2% per year over the past 5 years.
Accelerating Growth: AZO's earnings growth over the past year (28.7%) exceeds its 5-year average (13.2% per year).
Earnings vs Industry: AZO earnings growth over the past year (28.7%) underperformed the Specialty Retail industry 70.8%.
Return on Equity
High ROE: AZO's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
Financial Health
How is AutoZone's financial position?
Financial Health Score
2/6Financial Health Score 2/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: AZO has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: AZO has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: AZO has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: AZO's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: AZO's debt is well covered by operating cash flow (62%).
Interest Coverage: AZO's interest payments on its debt are well covered by EBIT (17.1x coverage).
Balance Sheet
Dividend
What is AutoZone current dividend yield, its reliability and sustainability?
Dividend Score
0/6Dividend Score 0/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate AZO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate AZO's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if AZO's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if AZO's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as AZO has not reported any payouts.
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
4.0yrs
Average management tenure
CEO
Bill Rhodes (56 yo)
17.17yrs
Tenure
US$14,838,996
Compensation
Mr. William C. Rhodes, III, also known as Bill, has been the President and Chief Executive Officer of Autozone, Inc. since March 14, 2005. Mr. Rhodes served as an Executive Vice President of Store Operatio...
CEO Compensation Analysis
Compensation vs Market: Bill's total compensation ($USD14.84M) is about average for companies of similar size in the US market ($USD13.26M).
Compensation vs Earnings: Bill's compensation has increased by more than 20% in the past year.
Leadership Team
Experienced Management: AZO's management team is considered experienced (4 years average tenure).
Board Members
Experienced Board: AZO's board of directors are considered experienced (8.8 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: AZO insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
AutoZone, Inc.'s employee growth, exchange listings and data sources
Key Information
- Name: AutoZone, Inc.
- Ticker: AZO
- Exchange: NYSE
- Founded: 1979
- Industry: Automotive Retail
- Sector: Retail
- Implied Market Cap: US$38.460b
- Shares outstanding: 19.58m
- Website: https://www.autozone.com
Number of Employees
Location
- AutoZone, Inc.
- 123 South Front Street
- Memphis
- Tennessee
- 38103
- United States
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/05/25 00:00 |
| End of Day Share Price | 2022/05/25 00:00 |
| Earnings | 2022/02/12 |
| Annual Earnings | 2021/08/28 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.