Autozone debt and dilution41

Borrowings, liquidity, share count and stock-based dilution.

Total debt

USD millions

$9,058M

Cash & equivalents

USD millions

$253.729M

Net debt

USD millions

$8,804.271M

Debt / equity

—

Equity is zero or negative, so this ratio is undefined.

Debt / assets

43.31%

Net debt / EBITDA

× · TTM

2.06×

Debt / FCF

× · TTM

5.55×

Interest coverage

× · TTM

—

Current ratio

0.89×

Diluted shares

Million shares

16.85M shares

Basic shares

Million shares

16.47M shares

Share count growth

-1.66%

Share repurchases

USD millions

$580.663M

Quarterly data

Autozone capital history. Each metric has its own unit. A dash means inputs are missing or the calculation is undefined.
Fiscal period	Ended	Total debtUSD millions	Cash & equivalentsUSD millions	Net debtUSD millions	Debt / equity×	Debt / assets%	Net debt / EBITDA×	Debt / FCF×	Interest coverage×	Current ratio×	Diluted sharesMillion shares	Basic sharesMillion shares	Share count growth%	Share repurchasesUSD millions
FY 2026 Q3	May 9, 2026	9,058	253.73	8,804.27	—	43.31%	2.06×	5.55×	—	0.89×	16.85	16.47	-1.66%	580.66
FY 2026 Q2	Feb 14, 2026	8,951	285.49	8,665.51	—	43.79%	2.07×	5.59×	—	0.89×	16.97	16.57	-1.28%	314.52
FY 2026 Q1	Nov 22, 2025	8,669.5	287.64	8,381.86	—	44.08%	2×	4.67×	—	0.86×	17.1	16.65	-1.54%	427.18
FY 2025 Q4	Aug 30, 2025	8,848.6	271.8	8,576.8	—	45.72%	2.03×	4.94×	7.37×	0.88×	17.18	16.73	-1.84%	442.93
FY 2025 Q3	May 10, 2025	8,905.5	268.63	8,636.88	—	47.82%	2.01×	4.45×	—	0.84×	17.21	16.75	-3.05%	268.78
FY 2025 Q2	Feb 15, 2025	9,102	300.91	8,801.1	—	50.24%	2.04×	4.52×	—	0.84×	17.25	16.79	-3.07%	326.39
FY 2025 Q1	Nov 23, 2024	9,065	304.02	8,760.98	—	51.9%	2.02×	4.77×	—	0.83×	17.37	16.91	-4.49%	540.09
FY 2024 Q4	Aug 31, 2024	9,080	298.17	8,781.83	—	52.86%	2.02×	4.7×	8.14×	0.84×	17.51	17.04	-5.74%	703.74
FY 2024 Q3	May 4, 2024	8,996.29	275.36	8,720.93	—	52.58%	2.05×	4.71×	—	0.79×	17.76	17.27	-6.07%	728.14
FY 2024 Q2	Feb 10, 2024	8,677.37	304.1	8,373.28	—	51.91%	2×	4.28×	—	0.82×	17.83	17.32	-7.41%	222.16
FY 2024 Q1	Nov 18, 2023	8,632.7	282.98	8,349.72	—	52.99%	2.03×	4.19×	—	0.79×	18.23	17.71	-6.83%	1,486.88
FY 2023 Q4	Aug 26, 2023	7,709.6	277.05	7,432.55	—	48.23%	1.87×	3.6×	10.85×	0.8×	18.61	18.08	-6.66%	999.56
FY 2023 Q3	May 6, 2023	7,377.4	274.92	7,102.48	—	47.3%	1.85×	3.12×	—	0.79×	18.98	18.39	-7.12%	900
FY 2023 Q2	Feb 11, 2023	7,081	301.29	6,779.71	—	45.55%	1.81×	2.84×	—	0.79×	19.34	18.71	-8.81%	900
FY 2023 Q1	Nov 19, 2022	6,358.3	269.79	6,088.51	—	41.51%	1.65×	2.5×	—	0.76×	19.65	19.01	-9.44%	900
FY 2022 Q4	Aug 27, 2022	6,153.4	264.38	5,889.02	—	40.28%	1.59×	2.42×	16.45×	0.77×	20	19.37	-9.47%	1,000
FY 2022 Q3	May 7, 2022	6,083.31	263.04	5,820.27	—	41.89%	1.6×	2.29×	—	0.78×	20.41	19.8	-9.83%	900
FY 2022 Q2	Feb 12, 2022	5,868.1	239.42	5,628.68	—	41.68%	1.54×	1.94×	—	0.77×	21.16	20.51	-9.43%	1,560
FY 2022 Q1	Nov 20, 2021	5,271.27	961.13	4,310.14	—	36.45%	1.23×	1.76×	—	0.79×	21.61	20.99	-9.62%	900
FY 2021 Q4	Aug 28, 2021	5,300	1,171.34	4,128.67	—	36.51%	1.23×	1.83×	14.55×	0.87×	22	21.4	-8.48%	900
FY 2021 Q3	May 8, 2021	5,300	975.65	4,324.35	—	37.49%	1.3×	1.72×	—	0.89×	22.52	21.96	-6.11%	900
FY 2021 Q2	Feb 13, 2021	5,516.4	1,026.16	4,490.23	—	38.96%	1.49×	2.12×	—	0.93×	23.17	22.65	-3.91%	900
FY 2021 Q1	Nov 21, 2020	5,550	1,664.01	3,886	—	38.1%	1.33×	2.23×	—	1.06×	23.78	23.22	-2.73%	678.32
FY 2020 Q4	Aug 29, 2020	5,513.37	1,750.82	3,762.56	—	38.22%	1.34×	2.44×	11.62×	1.08×	23.94	23.38	-4.36%	0
FY 2020 Q3	May 9, 2020	5,450	509.12	4,940.88	—	42.24%	1.92×	3.23×	—	0.94×	23.83	23.39	-5.84%	166.06
FY 2020 Q2	Feb 15, 2020	5,472.7	152.97	5,319.73	—	42.54%	2.03×	3.72×	—	0.92×	24.16	23.57	-6.34%	314.85
FY 2020 Q1	Nov 23, 2019	5,309.7	158.09	5,151.61	—	41.81%	1.98×	3.26×	—	0.88×	24.49	23.88	-6.84%	450
FY 2019 Q4	Aug 31, 2019	5,230	176.3	5,053.7	—	52.85%	1.95×	3.2×	11.44×	0.91×	25.05	24.45	-6.73%	691.78
FY 2019 Q3	May 4, 2019	5,176.8	174.06	5,002.74	—	52.97%	2.1×	3.23×	—	0.94×	25.39	24.84	-7.76%	466.02
FY 2019 Q2	Feb 9, 2019	5,128.8	195.67	4,933.14	—	52.63%	2.07×	3.12×	—	0.94×	25.64	25.17	-8%	350.04
FY 2019 Q1	Nov 17, 2018	5,174.68	252.09	4,922.59	—	54.34%	2.26×	3.56×	—	0.93×	26.1	25.63	-7.27%	497.06
FY 2018 Q4	Aug 25, 2018	5,025.3	217.82	4,807.48	—	53.76%	2.23×	3.22×	9.97×	0.92×	26.65	26.21	-6.25%	664.86
FY 2018 Q3	May 5, 2018	4,975.5	218.39	4,757.11	—	53.49%	2.1×	3.84×	—	0.95×	27.33	26.93	-5.05%	399.7
FY 2018 Q2	Feb 10, 2018	5,065.5	288.52	4,776.98	—	53.87%	2.13×	4.2×	—	0.98×	27.88	27.36	-4.37%	174.88
FY 2018 Q1	Nov 18, 2017	5,006.1	257.68	4,748.42	—	53.27%	1.96×	4.3×	—	0.93×	28.1	27.64	-4.54%	352.57
FY 2017 Q4	Aug 26, 2017	5,105.1	293.27	4,811.83	—	55.13%	2×	5.02×	13.06×	0.97×	28.43	27.96	-4.51%	227.47
FY 2017 Q3	May 6, 2017	5,178.2	227.14	4,951.06	—	57.36%	2.07×	5.22×	—	0.94×	29.01	28.36	-4.87%	283.56
FY 2017 Q2	Feb 11, 2017	5,173.1	210.65	4,962.45	—	58.11%	2.08×	4.74×	—	0.94×	29.34	28.61	-5.18%	—
FY 2017 Q1	Nov 19, 2016	5,019.7	195.54	4,824.16	—	57.42%	2.02×	4.33×	—	0.9×	29.7	28.95	-5.07%	362.63
FY 2016 Q4	Aug 27, 2016	4,947.5	189.73	4,757.77	—	57.53%	2.02×	4.55×	13.65×	0.9×	29.85	29.28	-4.96%	369.74
FY 2016 Q3	May 7, 2016	4,953.7	213.38	4,740.32	—	58.53%	2.05×	4.56×	—	0.91×	30.41	29.81	-5.8%	532.67
FY 2016 Q2	Feb 13, 2016	4,845.22	207.96	4,637.26	—	57.91%	2.03×	4.41×	—	0.84×	30.78	30.17	-5.43%	149.96
FY 2016 Q1	Nov 21, 2015	4,754.1	165.49	4,588.62	—	57.85%	2.03×	4.76×	—	0.85×	31.14	30.5	-5.09%	400.1
FY 2015 Q4	Aug 29, 2015	4,624.88	175.31	4,449.57	—	57.08%	2×	4.43×	12.76×	0.84×	31.47	30.81	-5.18%	430.5
FY 2015 Q3	May 9, 2015	4,533.33	153.29	4,380.04	—	56.44%	2.01×	5.04×	—	0.84×	32.3	31.64	-4.32%	515.25
FY 2015 Q2	Feb 14, 2015	4,448.3	151.54	4,296.76	—	55.95%	2.01×	5.26×	—	0.85×	32.54	31.9	-5.18%	26.06
FY 2015 Q1	Nov 22, 2014	4,422.1	117.19	4,304.91	—	57.3%	2.04×	4.85×	—	0.73×	32.76	32.13	-5.8%	299.61
FY 2014 Q4	Aug 30, 2014	4,524.71	124.49	4,400.23	—	60.19%	2.11×	5.01×	10.74×	0.79×	33.13	32.5	-7.42%	187.68
FY 2014 Q3	May 10, 2014	4,378.4	145.35	4,233.05	—	59.39%	2.04×	4.08×	—	0.78×	33.72	33.07	-7.93%	420
FY 2014 Q2	Feb 15, 2014	4,321.68	139.76	4,181.93	—	59.5%	2.04×	4.29×	—	0.8×	34.26	33.65	-7.2%	200
FY 2014 Q1	Nov 23, 2013	4,173.5	125.85	4,047.65	—	59.42%	2×	4.02×	—	0.78×	34.68	34.11	-7.42%	291.54
FY 2013 Q4	Aug 31, 2013	4,187	142.19	4,044.81	—	60.75%	2.02×	4.18×	—	0.79×	35.68	35.1	-6.21%	559.97
FY 2013 Q3	May 4, 2013	4,952.2	133.69	4,818.51	—	73.01%	2.51×	5.43×	9.16×	0.83×	36.53	35.92	-7.04%	325
FY 2013 Q2	Feb 9, 2013	3,997.81	115.55	3,882.26	—	60.01%	2.06×	4.66×	9.12×	0.74×	36.9	36.26	-7.7%	185.02
FY 2013 Q1	Nov 17, 2012	—	99.86	—	—	—	—	—	9.15×	0.82×	37.59	36.85	-7.58%	317.33
FY 2012 Q4	Aug 25, 2012	3,768.18	103.09	3,665.09	—	60.14%	1.99×	4.45×	9.12×	0.81×	38.26	37.42	-8.77%	480.14
FY 2012 Q3	May 5, 2012	—	103.1	—	—	—	—	—	—	0.83×	39.59	38.64	-7.94%	400.46
FY 2012 Q2	Feb 11, 2012	—	103.21	—	—	—	—	—	—	0.83×	40.24	39.28	-9.49%	172.51
FY 2012 Q1	Nov 19, 2011	—	96.68	—	—	—	—	—	—	0.79×	40.86	39.87	-10.75%	309.77
FY 2011 Q4	Aug 27, 2011	—	97.61	—	—	—	—	—	8.61×	0.81×	41.99	41.02	-12.05%	433.31
FY 2011 Q3	May 7, 2011	—	100.37	—	—	—	—	—	—	0.81×	42.96	41.98	-13.23%	339.44
FY 2011 Q2	Feb 12, 2011	—	107.88	—	—	—	—	—	—	0.85×	44.38	43.4	-12.21%	—
FY 2011 Q1	Nov 20, 2010	—	98.01	—	—	—	—	—	—	0.82×	45.63	44.67	-10.87%	299.66
FY 2010 Q4	Aug 28, 2010	—	98.28	—	—	—	—	—	8.11×	0.85×	47.54	46.64	—	565.39
FY 2010 Q3	May 8, 2010	—	95.76	—	—	—	—	—	—	0.9×	49.21	48.38	—	266.38
FY 2010 Q2	Feb 13, 2010	—	105.16	—	—	—	—	—	—	0.96×	50.19	49.44	—	87.51
FY 2010 Q1	Nov 21, 2009	—	79.6	—	—	—	—	—	—	0.93×	50.82	50.11	—	204.38

Sources and calculations

Financial inputs from company filings. Last checked Oct 18, 2026. A dash means missing inputs or an undefined calculation.

Period changes use the preceding fiscal quarter or year. Percentage changes divide by the absolute prior value; a zero or missing baseline has no percentage change. Percentage metrics show changes in percentage points.

The SBC option subtracts reported share-based compensation from FCF as an economic-cost scenario. Missing SBC never becomes zero.

Debt uses reported borrowings, with overlapping concepts treated as alternatives. Cash excludes restricted cash and short-term investments. Dilution compares split-normalized weighted average basic shares year over year. Share buyback spending does not by itself measure shares retired.

Market prices: Yahoo Finance · AZO, USD. Latest completed close Sep 25, 2026. Price data retrieved Sep 28, 2026.

Total debt: Reported borrowing balances. Uses an aggregate including current maturities, or current plus noncurrent debt. Adds separately disclosed short-term borrowings, with commercial paper as a fallback, unless the selected current/aggregate concept already includes them. Finance leases are included when part of the reported debt concept; undisclosed components are not estimated.
Cash & equivalents: Unrestricted reported cash and cash equivalents. Excludes short-term investments and restricted cash.
Net debt: Total debt − cash and equivalents. Negative means net cash.
Debt / equity: Total debt / equity including noncontrolling interests. Nonpositive equity yields unavailable.
Debt / assets: Total debt / total assets × 100.
Net debt / EBITDA: Period-end net debt / (TTM operating income + TTM depreciation and amortization). Negative net debt is retained.
Debt / FCF: Period-end reported debt / positive TTM free cash flow. Reflects the selected reported capex scope and SBC option.
Interest coverage: TTM operating income / positive TTM interest expense. IFRS finance costs can include more than interest.
Current ratio: Current assets / positive current liabilities.
Diluted shares: Reported weighted average diluted shares, normalized for subsequent recorded stock splits. Fourth-quarter counts use a day-weighted annual/nine-month reconstruction where possible.
Basic shares: Reported weighted average basic shares, normalized for subsequent recorded stock splits.
Share count growth: Year-over-year change in split-normalized weighted average basic shares × 100. A dilution proxy; negative means a lower share count.
Share repurchases: Reported cash payments for repurchase of common shares. This is spending, not a buyback yield.