Autozone (AZO) Asset Utilization Ratio (2009 - 2026)
Autozone's Asset Utilization Ratio came in at 0.97 for fiscal Q3 2026 (quarter ended May 9, 2026), down 6.1% from 1.03 a year earlier and down 1.2% from the prior quarter.
Autozone (AZO) Asset Utilization Ratio (2009 - 2026) Analysis & Trends
For FY2025 (ended Aug 30, 2025), Autozone's Asset Utilization Ratio was 1.04, down 7.0% from FY2024.
- Going back by fiscal year, Asset Utilization Ratio was 1.12 in FY2024 (-0.2%), 1.12 in FY2023 (+2.4%), 1.09 in FY2022 (+7.9%) and 1.01 in FY2021 (-2.7%).
- The fiscal Q3 2026 figure represents the lowest quarterly Asset Utilization Ratio since fiscal Q2 2021.
- Year-over-year, Asset Utilization Ratio has declined for ten consecutive quarters, with an average decline of 4.8% over the last eight quarters.
- The fastest year-over-year change in Asset Utilization Ratio over five years came in fiscal Q2 2022 (growth of 17.3%), and the weakest in fiscal Q1 2026 (a decline of 7.8%).
- Business Quant data shows AZO's Asset Utilization Ratio at 0.98 (Q2 2026), 0.99 (Q1 2026) and 1.00 (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,686.58 Bn | 2,203.28 Bn | 104.83 Bn | 0.73 |
| 2 | Home Depot | 283.87 Bn | 277.11 Bn | 16.12 Bn | 1.56 |
| 3 | Tjx Companies | 145.82 Bn | 123.36 Bn | 5.07 Bn | 1.70 |
| 4 | Lowes Companies | 103.43 Bn | 96.39 Bn | 8.58 Bn | 1.63 |
| 5 | Ross Stores | 74.61 Bn | 57.54 Bn | 2.12 Bn | 1.55 |
| 6 | Target | 71.16 Bn | 65.74 Bn | 8.94 Bn | 1.81 |
| 7 | O Reilly Automotive | 69.71 Bn | 68.80 Bn | 2.52 Bn | 1.08 |
| 8 | Carvana | 68.78 Bn | 60.38 Bn | 1.38 Bn | 1.77 |
| 9 | Autozone | 46.23 Bn | 45.13 Bn | 2.52 Bn | 0.97 |
| 10 | JD.com | 32.27 Bn | -77.91 Bn | 8.71 Bn | 1.83 |
Historic Data
| Date | Value |
|---|---|
| May 9, 2026 | 0.97 |
| Feb 14, 2026 | 0.98 |
| Nov 22, 2025 | 0.99 |
| Aug 30, 2025 | 1.00 |
| May 10, 2025 | 1.03 |
| Feb 15, 2025 | 1.05 |
| Nov 23, 2024 | 1.07 |
| Aug 31, 2024 | 1.08 |
| May 4, 2024 | 1.06 |
| Feb 10, 2024 | 1.08 |
| Nov 18, 2023 | 1.09 |
| Aug 26, 2023 | 1.11 |
| May 6, 2023 | 1.10 |
| Feb 11, 2023 | 1.09 |
| Nov 19, 2022 | 1.08 |
| Aug 27, 2022 | 1.09 |
| May 7, 2022 | 1.11 |
| Feb 12, 2022 | 1.09 |
| Nov 20, 2021 | 1.05 |
| Aug 28, 2021 | 1.02 |
Autozone Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=AZO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "AZO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=AZO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();