Financials AutoZone, Inc.

Equities

AZO

US0533321024

Auto Vehicles, Parts & Service Retailers

Market Closed - Nyse Other stock markets 01:30:02 17/07/2025 am IST			5-day change	1st Jan Change
3,682.62 ^USD	-0.39%		-1.59%	+15.01%

12:42am	Genuine Parts' Outlook 'Too Optimistic,' Q2 Unlikely to Exceed Expectations, UBS Says	MT
03/07	Mizuho Adjusts Price Target on AutoZone to $4,050 From $3,740, Maintains Outperform Rating	MT

Projected Income Statement: AutoZone, Inc.

Fiscal Period: August	2020	2021	2022	2023	2024	2025	2026	2027
Net sales ¹	12,632	14,630	16,252	17,457	18,490	18,940	20,147	21,529
Change	-	15.81%	11.09%	7.41%	5.92%	2.43%	6.37%	6.86%
EBITDA ¹	2,815	3,352	3,713	3,972	4,338	4,275	4,622	4,947
Change	-	19.08%	10.76%	6.97%	9.24%	-1.46%	8.1%	7.03%
EBIT ¹	2,418	2,945	3,271	3,474	3,789	3,671	4,000	4,309
Change	-	21.79%	11.08%	6.21%	9.06%	-3.11%	8.96%	7.72%
Interest Paid ¹	-201.2	-195.3	-191.6	-306.4	-451.6	-473.5	-482.3	-480.9
Earnings before Tax (EBT) ¹	2,217	2,749	3,079	3,168	3,337	3,197	3,524	3,833
Change	-	24.03%	12%	2.87%	5.35%	-4.21%	10.25%	8.77%
Net income ¹	1,733	2,170	2,430	2,528	2,662	2,533	2,782	3,014
Change	-	25.24%	11.95%	4.07%	5.3%	-4.87%	9.84%	8.32%
Announcement Date	22/09/20	21/09/21	19/09/22	19/09/23	24/09/24	-	-	-

¹USD in Million

Estimates

Fiscal Period: August	2020 Q4	2021 Q1	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
Net sales ¹	4,546	3,154	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	6,251	4,548	4,211	4,736	6,644	4,831	4,474	5,028
Change	-	-30.61%	-7.72%	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%	40.02%	-27.24%	-7.42%	12.48%	40.28%	-27.28%	-7.39%	12.37%
EBITDA ¹	1,143	704.8	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	1,463	1,064	939.8	1,111	1,581	1,161	1,011	1,188
Change	-	-38.36%	-18.24%	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%	44.74%	-27.28%	-11.67%	18.26%	42.25%	-26.57%	-12.92%	17.51%
EBIT ¹	1,018	615.2	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	1,257	909.6	778.8	959	1,358	966.8	814.2	1,003
Change	-	-39.57%	-21.69%	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%	45.12%	-27.63%	-14.38%	23.14%	41.6%	-28.8%	-15.79%	23.23%
Charge d'intérêts ¹	-65.64	-46.18	-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	-147.8	-114.2	-115.4	-116.8	-147.7	-120	-125	-130
Earnings before Tax (EBT) ¹	952.4	569	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	1,111	796.5	663.5	842.2	1,210	822.7	667.3	854.6
Change	-	-40.25%	-23.42%	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%	47.2%	-28.32%	-16.7%	26.93%	43.62%	-31.98%	-18.89%	28.07%
Net income ¹	740.5	442.4	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	871.1	620.8	529.5	671.1	945.5	641.7	520.5	666.6
Change	-	-40.25%	-21.81%	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%	43.16%	-28.73%	-14.71%	26.76%	40.88%	-32.13%	-18.89%	28.07%
Announcement Date	22/09/20	08/12/20	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	-	-	-	-	-	-	-	-

¹USD in Million

Estimates

Forecast Balance Sheet: AutoZone, Inc.

Fiscal Period: August	2020	2021	2022	2023	2024	2025	2026	2027
Net Debt ¹	3,763	4,098	5,858	7,391	8,726	8,354	8,606	8,501
Change	-	8.9%	42.95%	26.17%	18.06%	-4.27%	3.02%	-1.22%
Announcement Date	22/09/20	21/09/21	19/09/22	19/09/23	24/09/24	-	-	-

¹USD in Million

Estimates

Cash Flow Forecast: AutoZone, Inc.

Fiscal Period: August	2020	2021	2022	2023	2024	2025	2026	2027
CAPEX ¹	457.7	621.8	672.4	796.7	1,073	1,249	1,235	1,348
Change	-	35.84%	8.14%	18.48%	34.65%	16.4%	-1.05%	9.08%
Free Cash Flow (FCF) ¹	2,262	2,897	2,539	2,144	1,931	2,041	2,508	2,755
Change	-	28.04%	-12.36%	-15.54%	-9.92%	5.69%	22.84%	9.87%
Announcement Date	22/09/20	21/09/21	19/09/22	19/09/23	24/09/24	-	-	-

¹USD in Million

Estimates

Forecast Financial Ratios: AutoZone, Inc.

Fiscal Period: August	2020	2021	2022	2023	2024	2025	2026	2027
Profitability
EBITDA Margin (%)	22.29%	22.91%	22.85%	22.75%	23.46%	22.57%	22.94%	22.98%
EBIT Margin (%)	19.14%	20.13%	20.12%	19.9%	20.49%	19.38%	19.85%	20.01%
EBT Margin (%)	17.55%	18.79%	18.95%	18.15%	18.05%	16.88%	17.49%	17.81%
Net margin (%)	13.72%	14.84%	14.95%	14.48%	14.4%	13.37%	13.81%	14%
FCF margin (%)	17.91%	19.8%	15.62%	12.28%	10.45%	10.78%	12.45%	12.8%
FCF / Net Income (%)	130.55%	133.47%	104.49%	84.8%	72.54%	80.59%	90.13%	91.42%
Profitability
ROA	14.25%	15%	16.31%	16.18%	16.06%	13.94%	14.3%	14.1%
ROE	-	-	-	-	-	299.96%	44.8%	54.7%
Financial Health
Leverage (Debt/EBITDA)	1.34x	1.22x	1.58x	1.86x	2.01x	1.95x	1.86x	1.72x
Debt / Free cash flow	1.66x	1.41x	2.31x	3.45x	4.52x	4.09x	3.43x	3.09x
Capital Intensity
CAPEX / Current Assets (%)	3.62%	4.25%	4.14%	4.56%	5.8%	6.59%	6.13%	6.26%
CAPEX / EBITDA (%)	16.26%	18.55%	18.11%	20.06%	24.73%	29.2%	26.73%	27.24%
CAPEX / FCF (%)	20.23%	21.46%	26.49%	37.16%	55.54%	61.17%	49.27%	48.92%
Items per share
Cash flow per share ¹	112.9	154.3	154.9	153.9	168.7	186.8	211	241
Change	-	36.7%	0.36%	-0.61%	9.62%	10.7%	12.93%	14.26%
Dividend per Share ¹	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
Book Value Per Share ¹	-37.56	-85.04	-185	-243.6	-280.6	-226.8	-226.3	-179.7
Change	-	-126.41%	-117.59%	-31.65%	-15.2%	19.19%	0.2%	20.61%
EPS ¹	71.93	95.19	117.2	132.4	149.6	147.1	167.4	186.8
Change	-	32.34%	23.11%	12.94%	12.99%	-1.61%	13.77%	11.6%
Nbr of stocks (in thousands)	23,359	21,545	19,488	18,156	17,083	16,729	16,729	16,729
Announcement Date	22/09/20	21/09/21	19/09/22	19/09/23	24/09/24	-	-	-