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AutoZone, Inc. (AZO) Return on Invested Capital (ROIC): 28.13%

Is AutoZone, Inc.’s return on invested capital (ROIC) high or low?

AutoZone, Inc.'s return on invested capital (ROIC) of 28.13% is 15% below its 4-year average of 33.13%, near the low end of its 4-year range (28.13%–36.75%).

As of Friday, June 19, 2026. 9.71% below its 12-month average of 31.16%.

AZO Return on Invested Capital (ROIC) Chart

AZO Return on Invested Capital (ROIC)
28.13%-17.70% 1Y
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AZO Average Return on Invested Capital (ROIC) Chart

AZO Current vs Average Return on Invested Capital (ROIC) Chart

AZO Return on Invested Capital (ROIC) Metrics

RETURN ON INVESTED CAPITAL (ROIC)

28.13%

RETURN ON INVESTED CAPITAL (ROIC) AVG TTM

31.16%

RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y

32.59%

RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y

33.13%

RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y

32.59%

RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y

35.21%

RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y

32.74%

CURRENT VS TTM AVG

-9.71%

CURRENT VS 3Y AVG

-13.69%

CURRENT VS 5Y AVG

-15.09%

CURRENT VS 10Y AVG

-13.70%

CURRENT VS 15Y AVG

-20.10%

CURRENT VS 20Y AVG

-14.09%

AZO Competitors' Return on Invested Capital (ROIC)

NAMEMARKET CAPRETURN ON INVESTED CAPITAL (ROIC)TTM3Y5Y
AutoZone, Inc. (AZO)$50.16B28.13%31.16%32.59%33.13%
eBay Inc. (EBAY)vs ›$48.06B14.36%13.88%11.58%11.14%
Ford Motor Company (F)vs ›$54.95B0.75%1.26%1.78%1.23%
D.R. Horton, Inc. (DHI)vs ›$45.09B10.09%11.91%15.13%15.47%
Sea Limited (SE)vs ›$55.91B8.10%5.54%-0.59%-6.30%
Yum! Brands, Inc. (YUM)vs ›$41.89B28.27%30.99%34.86%35.07%
Chipotle Mexican Grill, Inc. (CMG)vs ›$41.67B18.97%18.28%16.75%13.86%
JD.com, Inc. (JD)vs ›$37.29B0.62%4.36%4.44%3.98%
NIKE, Inc. (NKE)vs ›$66.82B11.57%15.04%16.70%16.54%
Las Vegas Sands Corp. (LVS)vs ›$32.10B13.82%13.03%8.02%3.41%

Capital Efficiency

ROIC

28.1%

ROE

-73.2%

AutoZone, Inc. Return on Invested Capital (ROIC) Formula & Definition

ROIC = NOPAT / Invested Capital

Return on invested capital measures the after-tax return a company earns on all capital (debt and equity) invested in the business.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

AutoZone, Inc. Return on Invested Capital (ROIC) FAQ

What is the return on invested capital (ROIC) for AutoZone, Inc. (AZO)?
The return on invested capital (ROIC) for AZO stock is 28.13%.
Is AutoZone, Inc.'s return on invested capital (ROIC) high or low?
AutoZone, Inc.'s return on invested capital (ROIC) of 28.13% is 15% below its 4-year average of 33.13%, near the low end of its 4-year range (28.13%–36.75%).
What is the TTM average return on invested capital (ROIC) for AutoZone, Inc. (AZO)?
The TTM average return on invested capital (ROIC) for AZO stock is 31.16%.
What is the 3Y average return on invested capital (ROIC) for AutoZone, Inc. (AZO)?
The 3Y average return on invested capital (ROIC) for AZO stock is 32.59%.
What is the 5Y average return on invested capital (ROIC) for AutoZone, Inc. (AZO)?
The 5Y average return on invested capital (ROIC) for AZO stock is 33.13%.
What is the 10Y average return on invested capital (ROIC) for AutoZone, Inc. (AZO)?
The 10Y average return on invested capital (ROIC) for AZO stock is 32.59%.
What is the 15Y average return on invested capital (ROIC) for AutoZone, Inc. (AZO)?
The 15Y average return on invested capital (ROIC) for AZO stock is 35.21%.
What is the 20Y average return on invested capital (ROIC) for AutoZone, Inc. (AZO)?
The 20Y average return on invested capital (ROIC) for AZO stock is 32.74%.

AutoZone, Inc. Return on Invested Capital (ROIC) History

DATERETURN ON INVESTED CAPITAL (ROIC)
2025-08-3028.13%
2024-08-3134.18%
2023-08-2635.47%
2022-08-2736.75%
2021-08-2831.11%
2020-08-2922.42%
2019-08-3139.74%
2018-08-2533.87%
2017-08-2630.47%
2016-08-2733.81%
2015-08-2936.61%
2014-08-3036.86%
2013-08-3138.76%
2012-08-2538.78%
2011-08-2738.36%
2010-08-2832.84%
2009-08-2928.44%
2008-08-3026.00%
2007-08-2526.49%
2006-08-2625.79%
2005-08-2726.21%
2004-08-2828.88%
2003-08-3028.44%
2002-08-3124.57%
2001-08-2510.95%
2000-08-2613.70%
1999-08-2811.97%
1998-08-2912.68%
1997-08-3015.52%
1996-08-3116.84%

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