Autozone (AZO) Change in Inventory (2009 - 2026)
Autozone (AZO) reported Change in Inventory of $104.14 million for fiscal Q3 2026 (quarter ended May 9, 2026), down 44.7% from $188.21 million a year earlier and down 70.0% from the prior quarter.
Autozone (AZO) Change in Inventory (2009 - 2026) Analysis & Trends
Over the twelve months ended May 9, 2026, Autozone's Change in Inventory came in at $908.1 million, up 22.5% year-over-year; for FY2025 (ended Aug 30, 2025), it came in at $893.91 million, up 97.3% from FY2024.
- Change in Inventory has a five-year compound annual growth rate of 37.2% (FY2020 to FY2025).
- By fiscal year, Change in Inventory came in at $453.1 million in FY2024 (+408.1%), $89.18 million in FY2023 (-91.1%), $1.01 billion in FY2022 (+626.0%) and $138.52 million in FY2021 (-24.8%).
- The fiscal Q3 2026 figure ranks as the lowest quarterly Change in Inventory since fiscal Q4 2024.
- Year over year, Change in Inventory gained in six of the last seven quarters, with growth averaging 113.1%.
- The high point for year-over-year Change in Inventory in five years was fiscal Q1 2025 (growth of 521.9%); the low point was fiscal Q1 2023 (a decline of 71.3%).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at $347.04 million (Q2 2026), $205.34 million (Q1 2026) and $251.59 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,686.58 Bn | 2,203.28 Bn | 104.83 Bn | 1.82 Bn |
| 2 | Home Depot | 283.87 Bn | 277.11 Bn | 16.12 Bn | -604.00 Mn |
| 3 | Tjx Companies | 145.82 Bn | 123.36 Bn | 5.07 Bn | 221.00 Mn |
| 4 | Lowes Companies | 103.43 Bn | 96.39 Bn | 8.58 Bn | -709.00 Mn |
| 5 | Ross Stores | 74.61 Bn | 57.54 Bn | 2.12 Bn | 110.41 Mn |
| 6 | Target | 71.16 Bn | 65.74 Bn | 8.94 Bn | 932.00 Mn |
| 7 | O Reilly Automotive | 69.71 Bn | 68.80 Bn | 2.52 Bn | 160.24 Mn |
| 8 | Carvana | 68.78 Bn | 60.38 Bn | 1.38 Bn | 586.00 Mn |
| 9 | Autozone | 46.23 Bn | 45.13 Bn | 2.52 Bn | 104.14 Mn |
| 10 | JD.com | 32.27 Bn | -77.91 Bn | 8.71 Bn | - |
Historic Data
| Date | Value |
|---|---|
| May 9, 2026 | 104.14 Mn |
| Feb 14, 2026 | 347.04 Mn |
| Nov 22, 2025 | 205.34 Mn |
| Aug 30, 2025 | 251.59 Mn |
| May 10, 2025 | 188.21 Mn |
| Feb 15, 2025 | 317.93 Mn |
| Nov 23, 2024 | 136.18 Mn |
| Aug 31, 2024 | 99.29 Mn |
| May 4, 2024 | 155.39 Mn |
| Feb 10, 2024 | 176.53 Mn |
| Nov 18, 2023 | 21.90 Mn |
| Aug 26, 2023 | -3.98 Mn |
| May 6, 2023 | -68.38 Mn |
| Feb 11, 2023 | 122.24 Mn |
| Nov 19, 2022 | 39.31 Mn |
| Aug 27, 2022 | 334.60 Mn |
| May 7, 2022 | 277.63 Mn |
| Feb 12, 2022 | 256.47 Mn |
| Nov 20, 2021 | 136.99 Mn |
| Aug 28, 2021 | -23.75 Mn |
Autozone Change in Inventory 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=change-in-inventory&ticker=AZO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-inventory", "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=change-in-inventory&ticker=AZO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();