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Autozone

NYSE: AZO · USD

Autozone margins

Profitability and cash generation as a share of revenue.

Gross margin

%

52.15%
Nov 21, 2009 through May 9, 2026

Operating margin

%

19.08%

Net margin

%

13.25%

EBITDA margin

%

22.39%

Operating cash flow margin

%

16.57%

Free cash flow margin

%

9.43%

Capex / revenue

%

7.14%

SBC / revenue

%

—

Quarterly data

Autozone margins history. Each metric has its own unit. A dash means inputs are missing or the calculation is undefined.
Fiscal periodEndedGross margin%Operating margin%Net margin%EBITDA margin%Operating cash flow margin%Free cash flow margin%Capex / revenue%SBC / revenue%
FY 2026 Q3May 9, 202652.15%19.08%13.25%22.39%16.57%9.43%7.14%—
FY 2026 Q2Feb 14, 202652.49%16.34%10.97%19.98%8.74%0.83%7.9%—
FY 2026 Q1Nov 22, 202550.97%16.94%11.47%20.14%20.4%13.61%6.79%—
FY 2025 Q4Aug 30, 202551.52%19.16%13.41%22.32%15.26%8.19%7.07%—
FY 2025 Q3May 10, 202552.72%19.4%13.63%22.64%17.23%9.48%7.75%—
FY 2025 Q2Feb 15, 202553.86%17.88%12.35%21.37%14.77%7.36%7.41%—
FY 2025 Q1Nov 23, 202453%19.65%13.2%22.77%18.97%13.2%5.77%—
FY 2024 Q4Aug 31, 202452.5%20.9%14.54%23.72%17.25%11.66%5.59%—
FY 2024 Q3May 4, 202453.49%21.25%15.39%24.3%15.81%10.26%5.55%—
FY 2024 Q2Feb 10, 202453.89%19.26%13.35%22.5%11.25%4.63%6.62%—
FY 2024 Q1Nov 18, 202352.84%20.25%14.16%23.12%19.81%14.2%5.62%—
FY 2023 Q4Aug 26, 202352.71%21.48%15.2%24.27%18.77%12.33%6.44%—
FY 2023 Q3May 6, 202352.47%20.99%15.83%23.83%17.72%13.53%4.19%—
FY 2023 Q2Feb 11, 202352.29%18.15%12.91%21.23%9.6%5.68%3.92%—
FY 2023 Q1Nov 19, 202250.05%18.14%13.53%20.89%19.91%17.04%2.87%—
FY 2022 Q4Aug 27, 202251.53%20.64%15.15%23.27%22.96%17.29%5.67%—
FY 2022 Q3May 7, 202251.91%20.33%15.33%22.97%21.82%17.65%4.17%—
FY 2022 Q2Feb 12, 202252.98%18.6%14%21.56%10.74%7.6%3.14%—
FY 2022 Q1Nov 20, 202152.47%20.56%15.13%23.28%21.2%18.42%2.79%—
FY 2021 Q4Aug 28, 202152.26%21.25%15.99%23.89%26.22%21.21%5.01%—
FY 2021 Q3May 8, 202152.45%22.01%16.33%24.58%32.61%28.85%3.75%—
FY 2021 Q2Feb 13, 202153.57%16.55%11.88%19.8%12.24%7.93%4.32%—
FY 2021 Q1Nov 21, 202053.12%19.5%14.03%22.34%21.67%18.09%3.58%—
FY 2020 Q4Aug 29, 202053.08%22.39%16.29%25.15%31.17%27.13%4.04%—
FY 2020 Q3May 9, 202053.63%17.69%12.34%20.99%23.44%20.44%3%—
FY 2020 Q2Feb 15, 202054.35%16.23%11.91%19.84%8.14%4.59%3.55%—
FY 2020 Q1Nov 23, 201953.74%17.9%12.54%21.12%16.01%12.38%3.63%—
FY 2019 Q4Aug 31, 201953.41%19.58%14.17%22.56%21.11%16.54%4.57%—
FY 2019 Q3May 4, 201953.61%19.67%14.59%22.72%16.87%12.63%4.24%—
FY 2019 Q2Feb 9, 201954.07%16.32%12.02%19.74%15.01%11.03%3.99%—
FY 2019 Q1Nov 17, 201853.66%18.47%13.3%21.59%17%13.29%3.72%—
FY 2018 Q4Aug 25, 201853.61%16.61%11.25%19.65%23.15%17.68%5.47%—
FY 2018 Q3May 5, 201853.49%20.52%13.79%23.51%18.95%14.72%4.23%—
FY 2018 Q2Feb 10, 201852.92%8.5%12%11.79%7.76%3.43%4.33%—
FY 2018 Q1Nov 18, 201752.75%18.1%10.85%21.12%21.82%17.56%4.26%—
FY 2017 Q4Aug 26, 201752.78%20.15%12.35%23.08%15.98%10.4%5.58%—
FY 2017 Q3May 6, 201752.63%20.22%12.67%23.1%17%11.59%5.42%—
FY 2017 Q2Feb 11, 201752.66%16.77%10.36%—————
FY 2017 Q1Nov 19, 201652.74%18.6%11.27%21.51%16.47%12.5%3.97%—
FY 2016 Q4Aug 27, 201652.81%20.69%12.56%23.46%15.61%10.05%5.56%—
FY 2016 Q3May 7, 201652.84%20.68%12.63%23.32%19.91%15.54%4.37%—
FY 2016 Q2Feb 13, 201652.75%16.95%10.13%19.99%9.17%4.75%4.43%—
FY 2016 Q1Nov 21, 201552.51%18.36%10.82%21.13%13.56%9.93%3.63%—
FY 2015 Q4Aug 29, 201552.5%20.34%12.19%22.98%15.99%10.28%5.71%—
FY 2015 Q3May 9, 201552.26%20.62%12.4%23.11%20.96%16.69%4.27%0.38%
FY 2015 Q2Feb 14, 201552.25%16.85%9.88%19.65%4.73%0.35%4.37%0.53%
FY 2015 Q1Nov 22, 201452.06%18.08%10.54%20.78%16.6%12.51%4.09%0.39%
FY 2014 Q4Aug 30, 201452.31%20.66%12.25%23.25%12.14%6.35%5.78%0.34%
FY 2014 Q3May 10, 201451.97%20.45%12.18%22.94%19.78%15.43%4.35%0.35%
FY 2014 Q2Feb 15, 201452.1%16.95%9.69%19.88%7.57%3.68%3.89%0.58%
FY 2014 Q1Nov 23, 201351.86%18.33%10.42%20.99%17.07%13.12%3.95%0.44%
FY 2013 Q4Aug 31, 201351.83%20.55%11.99%22.86%16.77%11.74%5.03%0.38%
FY 2013 Q3May 4, 201351.8%20.67%12.04%23.07%17.45%13.41%4.05%0.41%
FY 2013 Q2Feb 9, 201351.85%17.12%9.5%19.94%10.38%5.57%4.81%0.46%
FY 2013 Q1Nov 17, 201251.83%18.25%10.22%20.79%15.98%11.94%4.04%0.41%
FY 2012 Q4Aug 25, 201251.83%20.27%11.71%22.68%15.39%9.97%5.42%0.34%
FY 2012 Q3May 5, 201251.6%20.23%11.77%22.55%15.98%11.44%4.54%0.42%
FY 2012 Q2Feb 11, 201251.34%16.67%9.25%19.3%6.59%2.68%3.91%0.41%
FY 2012 Q1Nov 19, 201151.12%17.72%9.93%20.24%17.79%14.57%3.22%0.39%
FY 2011 Q4Aug 27, 201151.2%19.83%11.41%22.21%14.94%10.36%4.58%0.31%
FY 2011 Q3May 7, 201151.23%19.86%11.49%22.13%23.04%18.38%4.66%0.32%
FY 2011 Q2Feb 12, 201150.91%16.36%8.91%—————
FY 2011 Q1Nov 20, 201050.67%17.09%9.6%19.56%19.95%17.39%2.56%0.28%
FY 2010 Q4Aug 28, 201050.51%19.33%11%21.88%18.62%13.08%5.53%0.24%
FY 2010 Q3May 8, 201050.67%19.53%11.13%21.88%21.52%17.74%3.78%0.24%
FY 2010 Q2Feb 13, 201050.04%15.3%8.19%18.25%7.84%4.01%3.83%0.31%
FY 2010 Q1Nov 21, 200950.33%16.39%9.02%19.07%14.53%11.17%3.36%0.27%
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.

FCF subtracts reported cash capital investment. PPE purchases are preferred; the productive-assets fallback also includes software and intangibles. Acquisitions and noncash lease additions are excluded. EPS and weighted shares are not summed across quarters. Annual figures use annual reports.

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

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

Gross margin
Gross profit / revenue × 100. Uses revenue − reported cost of revenue when gross profit is absent.
Operating margin
Operating income / revenue × 100. Uses reported operating income, or reported pretax income less the complete nonoperating income/expense total when both are available.
Net margin
Reported net income / revenue × 100.
EBITDA margin
(Operating income + reported depreciation and amortization) / revenue × 100. An EBITDA proxy, not adjusted EBITDA.
Operating cash flow margin
Operating cash flow / revenue × 100.
Free cash flow margin
Free cash flow / revenue × 100. Reflects the selected reported capex scope and the SBC option.
Capex / revenue
Reported cash capital investment / revenue × 100. Uses PPE purchases or, when those are not separately tagged, the broader productive-assets total.
SBC / revenue
Reported share-based compensation / revenue × 100.