Autozone (AZO) Net Margin (2009 - 2026)
Autozone's Net Margin was 13.25% in fiscal Q3 2026 (quarter ended May 9, 2026), down 0.38 percentage points from 13.63% a year earlier but up 2.28 percentage points from the prior quarter.
Autozone (AZO) Net Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Autozone's Net Margin was 12.40% through May 9, 2026, down 1.16 percentage points year-over-year; for FY2025 (ended Aug 30, 2025), it came in at 13.19%, down 1.21 percentage points from FY2024.
- Net Margin has now declined for three consecutive fiscal years, with a five-year change of -0.53 percentage points (FY2020 to FY2025).
- In earlier fiscal years, Net Margin was 14.40% in FY2024 (-0.08 pp), 14.48% in FY2023 (-0.47 pp), 14.95% in FY2022 (+0.11 pp) and 14.84% in FY2021 (+1.12 pp).
- Quarterly Net Margin has moved between 10.97% (fiscal Q2 2026) and 15.99% (fiscal Q4 2021) over five years.
- Compared with a year earlier, Net Margin has declined for nine straight quarters, with an average year-over-year change of -1.12 percentage points over the last eight quarters.
- The best year-over-year quarter for Net Margin over five years was fiscal Q2 2022 (a gain of 2.11 percentage points); the worst was fiscal Q3 2025 (a drop of 1.76 percentage points).
- Per Business Quant data, AZO's Net Margin in the three fiscal quarters before Q3 2026 was 10.97% (Q2 2026), 11.47% (Q1 2026) and 13.41% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,659.84 Bn | 2,176.54 Bn | 104.83 Bn | 31.23% |
| 2 | Home Depot | 287.59 Bn | 280.83 Bn | 16.12 Bn | 9.96% |
| 3 | Tjx Companies | 147.38 Bn | 124.93 Bn | 5.07 Bn | 10.01% |
| 4 | Lowes Companies | 105.03 Bn | 97.99 Bn | 8.58 Bn | 9.24% |
| 5 | Ross Stores | 74.93 Bn | 57.86 Bn | 2.12 Bn | 13.59% |
| 6 | Target | 71.05 Bn | 65.64 Bn | 8.94 Bn | 7.07% |
| 7 | O Reilly Automotive | 70.25 Bn | 69.33 Bn | 2.52 Bn | 14.62% |
| 8 | Carvana | 69.96 Bn | 61.56 Bn | 1.38 Bn | 4.20% |
| 9 | Autozone | 46.92 Bn | 45.82 Bn | 2.52 Bn | 13.25% |
| 10 | JD.com | 31.91 Bn | -78.27 Bn | 8.71 Bn | 2.05% |
Historic Data
| Date | Value |
|---|---|
| May 9, 2026 | 13.25% |
| Feb 14, 2026 | 10.97% |
| Nov 22, 2025 | 11.47% |
| Aug 30, 2025 | 13.41% |
| May 10, 2025 | 13.63% |
| Feb 15, 2025 | 12.35% |
| Nov 23, 2024 | 13.20% |
| Aug 31, 2024 | 14.54% |
| May 4, 2024 | 15.39% |
| Feb 10, 2024 | 13.35% |
| Nov 18, 2023 | 14.16% |
| Aug 26, 2023 | 15.20% |
| May 6, 2023 | 15.83% |
| Feb 11, 2023 | 12.91% |
| Nov 19, 2022 | 13.53% |
| Aug 27, 2022 | 15.15% |
| May 7, 2022 | 15.33% |
| Feb 12, 2022 | 14.00% |
| Nov 20, 2021 | 15.13% |
| Aug 28, 2021 | 15.99% |
Autozone Net Margin 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=net-margin&ticker=AZO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "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=net-margin&ticker=AZO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();