Financials AutoZone, Inc.

Equities

AZO

US0533321024

Auto Vehicles, Parts & Service Retailers

Market Closed - Nyse Other stock markets 02:30:02 15/01/2026 am IST			5-day change	1st Jan Change
3,472.66 ^USD	-0.94%		+4.66%	+2.39%

09/01	AutoZone Seen as 'Show Me Story' as it Works to Rebuild Investor Confidence, Oppenheimer Says	MT
09/01	Oppenheimer Adjusts Price Target on AutoZone to $4,150 From $4,600, Maintains Outperform Rating	MT

Projected Income Statement: AutoZone, Inc.

Fiscal Period: August	2021	2022	2023	2024	2025	2026	2027	2028
Net sales ¹	14,630	16,252	17,457	18,490	18,939	20,557	22,081	23,783
Change	-	11.09%	7.41%	5.92%	2.43%	8.54%	7.41%	7.71%
EBITDA ¹	3,352	3,713	3,972	4,338	4,223	4,311	4,857	5,261
Change	-	10.76%	6.97%	9.24%	-2.65%	2.08%	12.66%	8.32%
EBIT ¹	2,945	3,271	3,474	3,789	3,610	3,629	4,097	4,475
Change	-	11.08%	6.21%	9.06%	-4.71%	0.53%	12.88%	9.24%
Interest Paid ¹	-195.3	-191.6	-306.4	-451.6	-475.8	-475.5	-481.4	-504.3
Earnings before Tax (EBT) ¹	2,749	3,079	3,168	3,337	3,134	3,146	3,605	3,974
Change	-	12%	2.87%	5.35%	-6.08%	0.38%	14.57%	10.26%
Net income ¹	2,170	2,430	2,528	2,662	2,498	2,489	2,853	3,123
Change	-	11.95%	4.07%	5.3%	-6.17%	-0.38%	14.65%	9.46%
Announcement Date	21/09/21	19/09/22	19/09/23	24/09/24	23/09/25	-	-	-

¹USD in Million

Estimates

Fiscal Period: August	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4	2027 Q1	2027 Q2	2027 Q3	2027 Q4
Net sales ¹	2,911	3,651	4,913	3,669	3,370	3,865	5,348	3,985	3,691	4,091	5,691	4,190	3,859	4,235	6,205	4,280	3,952	4,464	6,243	4,629	4,310	4,854	6,745	4,982	4,598	5,194	7,212
Change	-	25.43%	34.58%	-25.33%	-8.15%	14.7%	38.37%	-25.49%	-7.38%	10.83%	39.12%	-26.37%	-7.9%	9.75%	46.51%	-31.03%	-7.66%	12.96%	39.84%	-25.86%	-6.89%	12.64%	38.94%	-26.13%	-7.72%	12.96%	38.86%
EBITDA ¹	576.2	897.5	1,174	854.1	726.5	887.8	1,245	832.3	783.7	974.6	1,381	968.8	868.2	1,029	1,472	974.3	844.7	1,011	1,393	932.4	841.9	1,022	1,500	1,101	926.9	1,141	1,634
Change	-	55.75%	30.77%	-27.23%	-14.94%	22.2%	40.2%	-33.13%	-5.84%	24.36%	41.7%	-29.85%	-10.39%	18.57%	43%	-33.81%	-13.31%	19.67%	37.85%	-33.09%	-9.71%	21.44%	46.76%	-26.65%	-15.78%	23.11%	43.18%
EBIT ¹	481.8	803.5	1,044	754.5	626.8	785.7	1,104	723	670	858.5	1,222	848.6	743.2	900.2	1,297	841.1	706.8	866.2	1,196	784.2	698.2	867.9	1,271	919.7	765.8	967.7	1,352
Change	-	66.78%	29.93%	-27.73%	-16.93%	25.35%	40.49%	-34.5%	-7.34%	28.14%	42.4%	-30.58%	-12.42%	21.12%	44.05%	-35.13%	-15.98%	22.55%	38.09%	-34.43%	-10.97%	24.31%	46.42%	-27.63%	-16.74%	26.37%	39.73%
Charge d'intérêts ¹	-46.01	-45.03	-58.12	-43.28	-42.47	-41.89	-64	-57.72	-65.61	-74.31	-108.7	-91.38	-102.6	-104.4	-153.2	-107.6	-108.8	-111.3	-148.1	-106.3	-111.8	-111.3	-147.4	-112.4	-114.7	-116.7	-141.4
Earnings before Tax (EBT) ¹	435.8	758.5	985.9	711.2	584.3	743.8	1,040	665.3	604.4	784.2	1,114	757.2	640.6	795.8	1,144	733.5	597.9	754.9	1,048	677.9	586.2	755.8	1,119	805.8	653	853.4	1,211
Change	-	74.06%	29.99%	-27.86%	-17.84%	27.3%	39.8%	-36.02%	-9.16%	29.75%	42.03%	-32.01%	-15.4%	24.22%	43.7%	-35.85%	-18.48%	26.25%	38.83%	-35.31%	-13.54%	28.94%	47.99%	-27.95%	-18.96%	30.68%	41.87%
Net income ¹	345.9	596.2	785.8	555.2	471.8	592.6	810	539.3	476.5	647.7	864.8	593.5	515	651.7	902.2	564.9	487.9	608.4	837	530.8	461.6	602	889.9	632.8	514.6	672.4	953
Change	-	72.33%	31.8%	-29.34%	-15.04%	25.61%	36.7%	-33.42%	-11.64%	35.92%	33.52%	-31.38%	-13.22%	26.54%	38.43%	-37.38%	-13.63%	24.7%	37.56%	-36.58%	-13.05%	30.43%	47.82%	-28.89%	-18.68%	30.65%	41.73%
Announcement Date	02/03/21	25/05/21	21/09/21	07/12/21	01/03/22	24/05/22	19/09/22	06/12/22	28/02/23	09/06/23	19/09/23	05/12/23	27/02/24	21/05/24	24/09/24	10/12/24	04/03/25	27/05/25	23/09/25	09/12/25	-	-	-	-	-	-	-

¹USD in Million

Estimates

Forecast Balance Sheet: AutoZone, Inc.

Fiscal Period: August	2021	2022	2023	2024	2025	2026	2027	2028
Net Debt ¹	4,098	5,858	7,391	8,726	8,528	8,912	9,149	9,247
Change	-	42.95%	26.17%	18.06%	-2.27%	4.5%	2.66%	1.07%
Announcement Date	21/09/21	19/09/22	19/09/23	24/09/24	23/09/25	-	-	-

¹USD in Million

Estimates

Cash Flow Forecast: AutoZone, Inc.

Fiscal Period: August	2021	2022	2023	2024	2025	2026	2027	2028
CAPEX ¹	621.8	672.4	796.7	1,073	1,365	1,572	1,614	1,686
Change	-	8.14%	18.48%	34.65%	27.28%	15.11%	2.7%	4.45%
Free Cash Flow (FCF) ¹	2,897	2,539	2,144	1,931	1,790	2,118	2,254	2,587
Change	-	-12.36%	-15.54%	-9.92%	-7.32%	18.29%	6.45%	14.78%
Announcement Date	21/09/21	19/09/22	19/09/23	24/09/24	23/09/25	-	-	-

¹USD in Million

Estimates

Forecast Financial Ratios: AutoZone, Inc.

Fiscal Period: August	2021	2022	2023	2024	2025	2026	2027	2028
Profitability
EBITDA Margin (%)	22.91%	22.85%	22.75%	23.46%	22.3%	21%	22.02%	22.18%
EBIT Margin (%)	20.13%	20.12%	19.9%	20.49%	19.06%	17.67%	18.57%	18.86%
EBT Margin (%)	18.79%	18.95%	18.15%	18.05%	16.55%	15.29%	16.35%	16.77%
Net margin (%)	14.84%	14.95%	14.48%	14.4%	13.19%	12.1%	12.95%	13.19%
FCF margin (%)	19.8%	15.62%	12.28%	10.45%	9.45%	10.3%	10.21%	10.87%
FCF / Net Income (%)	133.47%	104.49%	84.8%	72.54%	71.65%	85.11%	78.81%	82.47%
Profitability
ROA	15%	16.31%	16.18%	16.06%	13.68%	12.07%	12.65%	12.4%
ROE	-	-	-	-	-	-	90.39%	35.73%
Financial Health
Leverage (Debt/EBITDA)	1.22x	1.58x	1.86x	2.01x	2.02x	2.06x	1.88x	1.75x
Debt / Free cash flow	1.41x	2.31x	3.45x	4.52x	4.76x	4.21x	4.06x	3.57x
Capital Intensity
CAPEX / Current Assets (%)	4.25%	4.14%	4.56%	5.8%	7.21%	7.64%	7.31%	7.09%
CAPEX / EBITDA (%)	18.55%	18.11%	20.06%	24.73%	32.33%	36.4%	33.18%	31.94%
CAPEX / FCF (%)	21.46%	26.49%	37.16%	55.54%	76.27%	74.22%	71.6%	65.16%
Items per share
Cash flow per share ¹	154.3	154.9	153.9	168.7	183	194.1	227.8	253.6
Change	-	0.36%	-0.61%	9.62%	8.43%	6.1%	17.37%	11.32%
Dividend per Share ¹	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
Book Value Per Share ¹	-85.04	-185	-243.6	-280.6	-204.9	-146.5	-134.5	-73.96
Change	-	-117.59%	-31.65%	-15.2%	26.99%	28.51%	8.16%	45.01%
EPS ¹	95.19	117.2	132.4	149.6	144.9	147.4	174.5	196.4
Change	-	23.11%	12.94%	12.99%	-3.13%	1.75%	18.4%	12.55%
Nbr of stocks (in thousands)	21,545	19,488	18,156	17,083	16,729	16,568	16,568	16,568
Announcement Date	21/09/21	19/09/22	19/09/23	24/09/24	23/09/25	-	-	-