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AutoZone, Inc. (AZO) Operating Margin: 18.02%

Is AutoZone, Inc.’s operating margin high or low?

AutoZone, Inc.'s operating margin of 18.02% is in line with its 4-year average of 19.94%, near the low end of its 4-year range (18.02%–20.49%).

As of Friday, June 19, 2026. 8.87% below its 12-month average of 19.77%.

AZO Operating Margin Chart

AZO Operating Margin
19.06%-6.98% 1Y
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AZO Average Operating Margin Chart

AZO Current vs Average Operating Margin Chart

AZO Operating Margin Metrics

OPERATING MARGIN

18.02%

OPERATING MARGIN AVG TTM

19.77%

OPERATING MARGIN AVG 3Y

19.82%

OPERATING MARGIN AVG 5Y

19.94%

OPERATING MARGIN AVG 10Y

19.21%

OPERATING MARGIN AVG 15Y

19.38%

OPERATING MARGIN AVG 20Y

18.70%

CURRENT VS TTM AVG

-8.87%

CURRENT VS 3Y AVG

-9.07%

CURRENT VS 5Y AVG

-9.63%

CURRENT VS 10Y AVG

-6.21%

CURRENT VS 15Y AVG

-7.01%

CURRENT VS 20Y AVG

-3.62%

AZO Competitors' Operating Margin

NAMEMARKET CAPOPERATING MARGINTTM3Y5Y
AutoZone, Inc. (AZO)$50.16B18.02%19.77%19.82%19.94%
eBay Inc. (EBAY)vs ›$48.06B19.58%21.52%21.56%23.99%
Ford Motor Company (F)vs ›$54.95B1.84%2.05%2.80%1.88%
D.R. Horton, Inc. (DHI)vs ›$45.09B11.76%14.77%17.54%17.35%
Sea Limited (SE)vs ›$55.91B8.20%6.04%0.46%-7.31%
Yum! Brands, Inc. (YUM)vs ›$41.89B31.47%31.31%31.84%31.07%
Chipotle Mexican Grill, Inc. (CMG)vs ›$41.67B15.79%16.91%15.76%13.09%
JD.com, Inc. (JD)vs ›$37.23B-0.30%1.77%1.96%1.66%
NIKE, Inc. (NKE)vs ›$66.82B6.03%10.14%11.53%11.67%
Las Vegas Sands Corp. (LVS)vs ›$32.10B24.64%22.78%12.38%-2.35%

Operating Efficiency

Gross Margin

51.8%

Operating Margin

18.0%

AutoZone, Inc. Operating Margin Formula & Definition

Operating Margin = Operating Income / Revenue

Operating margin is the percentage of revenue remaining after operating expenses, reflecting operating efficiency.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

AutoZone, Inc. Operating Margin FAQ

What is the operating margin for AutoZone, Inc. (AZO)?
The operating margin for AZO stock is 18.02%.
Is AutoZone, Inc.'s operating margin high or low?
AutoZone, Inc.'s operating margin of 18.02% is in line with its 4-year average of 19.94%, near the low end of its 4-year range (18.02%–20.49%).
What is the TTM average operating margin for AutoZone, Inc. (AZO)?
The TTM average operating margin for AZO stock is 19.77%.
What is the 3Y average operating margin for AutoZone, Inc. (AZO)?
The 3Y average operating margin for AZO stock is 19.82%.
What is the 5Y average operating margin for AutoZone, Inc. (AZO)?
The 5Y average operating margin for AZO stock is 19.94%.
What is the 10Y average operating margin for AutoZone, Inc. (AZO)?
The 10Y average operating margin for AZO stock is 19.21%.
What is the 15Y average operating margin for AutoZone, Inc. (AZO)?
The 15Y average operating margin for AZO stock is 19.38%.
What is the 20Y average operating margin for AutoZone, Inc. (AZO)?
The 20Y average operating margin for AZO stock is 18.70%.

AutoZone, Inc. Operating Margin History

DATEOPERATING MARGIN
2025-08-3019.06%
2024-08-3120.49%
2023-08-2619.90%
2022-08-2720.12%
2021-08-2820.13%
2020-08-2919.14%
2019-08-3118.68%
2018-08-2516.14%
2017-08-2619.10%
2016-08-2719.37%
2015-08-2919.17%
2014-08-3019.32%
2013-08-3119.38%
2012-08-2518.93%
2011-08-2718.52%
2010-08-2817.92%
2009-08-2917.25%
2008-08-3017.23%
2007-08-2517.10%
2006-08-2616.98%
2005-08-2717.08%
2004-08-2817.72%
2003-08-3016.82%
2002-08-3114.48%
2001-08-258.05%
2000-08-2611.42%
1999-08-2810.52%
1998-08-2911.79%
1997-08-3011.94%
1996-08-3111.99%

About AutoZone, Inc.

AutoZone, Inc. operates as a leading retailer and distributor specializing in automotive replacement parts and accessories. The company's comprehensive inventory caters to a diverse range of vehicles, including cars, sport utility vehicles, vans, and light trucks. Their product offerings encompass both new and remanufactured critical hard parts, essential maintenance items, various accessories, and a selection of non-automotive goods. Key automotive components available include A/C compressors, batteries, bearings, belts, hoses, brake calipers, chassis parts, clutches, CV axles, engines, fuel pumps, fuses, ignition and lighting systems, mufflers, radiators, starters, alternators, thermostats, water pumps, and tire repair kits. For vehicle upkeep, AutoZone supplies antifreeze, windshield washer fluid, an extensive array of brake components (drums, rotors, shoes, pads), various automotive fluids (brake, power steering, oil, transmission), oil and fuel additives, and filters for oil, cabin air, engine air, fuel, and transmission. Other maintenance products cover oxygen sensors, paints, refrigerants, shock absorbers, struts, spark plugs, wires, and windshield wipers. Beyond functional parts, the company offers a wide assortment of accessories and general merchandise such as air fresheners, mobile phone accessories, snacks, drinks, floor mats, seat covers, interior and exterior styling products, mirrors, performance parts, protectants, cleaners, sealants, adhesives, steering wheel covers, car stereos, radios, various tools, and vehicle wash/wax supplies. Additionally, they provide towing services. AutoZone also extends its reach through several channels: a commercial program providing credit and delivery services for professional clients; sales of automotive diagnostic and repair software under the ALLDATA brand via alldata.com and alldatadiy.com; and online retail of its full product range (hard parts, maintenance, accessories, non-automotive items) through autozone.com. As of November 20, 2021, AutoZone maintained a significant operational footprint, with 6,066 stores in the United States, 666 stores in Mexico, and 53 stores in Brazil. The company was established in 1979 and is headquartered in Memphis, Tennessee.

Memphis, TN
130,000 employees
Consumer Cyclical / Specialty Retail
Sector
Consumer Cyclical
Industry
Specialty Retail
CEO
Philip Daniele