Autozone (AZO) Operating Leases (2019 - 2026)
Autozone (AZO) posted quarterly Operating Leases of $3.3 billion for Q2 2026, up 8.53% year-over-year from $3.0 billion in Q2 2025, and up 3.25% quarter-over-quarter from $3.2 billion in Q1 2026.
Autozone (AZO) Operating Leases (2019 - 2026) Analysis & Trends
Autozone (AZO) has reported Operating Leases for 8 consecutive years, with $3.3 billion the latest figure, recorded in Q2 2026.
- In Q2 2026, Operating Leases rose 8.53% year-over-year to $3.3 billion; the TTM figure through May 2026 stood at $3.3 billion (up 8.53% YoY), while the FY2025 annual figure was $3.1 billion, up 4.52% from the prior year.
- Operating Leases advanced to $3.3 billion in Q2 2026 per AZO's latest filing, from $3.2 billion in the prior quarter.
- Across five years, Operating Leases topped out at $3.3 billion in Q2 2026 and bottomed at $2.6 billion in Q1 2022.
- Historically, Operating Leases has averaged $2.9 billion across 5 years, with a median of $2.9 billion in 2023.
- Annual changes were most pronounced in 2024 — Operating Leases rose 1.48% — and 2026, when it increased 8.53%.
- Autozone's Operating Leases stood at $2.8 billion in 2022, then climbed by 2.55% to $2.9 billion in 2023, then grew by 2.48% to $3.0 billion in 2024, then climbed by 5.24% to $3.1 billion in 2025, then grew by 4.43% to $3.3 billion in 2026.
- Business Quant data shows AZO's Operating Leases at $3.3 billion in Q2 2026, $3.2 billion in Q1 2026, and $3.1 billion in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | O Reilly Automotive | 73.54 Bn | 73.28 Bn | 2.52 Bn |
| 2 | Autozone | 48.78 Bn | 48.52 Bn | 2.52 Bn |
| 3 | Magna International | 19.33 Bn | 17.90 Bn | 1.61 Bn |
| 4 | Genuine Parts | 18.26 Bn | 17.70 Bn | 2.47 Bn |
| 5 | Borgwarner | 13.15 Bn | 10.70 Bn | 721.00 Mn |
| 6 | Allison Transmission Holdings | 10.71 Bn | 10.31 Bn | 515.00 Mn |
| 7 | Modine Manufacturing | 10.08 Bn | 10.00 Bn | - |
| 8 | Aptiv | 9.95 Bn | 9.19 Bn | 775.00 Mn |
| 9 | Autoliv | 9.00 Bn | 8.63 Bn | 509.00 Mn |
| 10 | Mobileye Global | 7.28 Bn | 5.97 Bn | 235.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| May 9, 2026 | 3.28 Bn |
| Feb 14, 2026 | 3.18 Bn |
| Nov 22, 2025 | 3.14 Bn |
| Aug 30, 2025 | 3.09 Bn |
| May 10, 2025 | 3.02 Bn |
| Feb 15, 2025 | 3.01 Bn |
| Nov 23, 2024 | 2.98 Bn |
| Aug 31, 2024 | 2.96 Bn |
| May 4, 2024 | 2.96 Bn |
| Feb 10, 2024 | 2.90 Bn |
| Nov 18, 2023 | 2.91 Bn |
| Aug 26, 2023 | 2.92 Bn |
| May 6, 2023 | 2.86 Bn |
| Feb 11, 2023 | 2.85 Bn |
| Nov 19, 2022 | 2.84 Bn |
| Aug 27, 2022 | 2.84 Bn |
| May 7, 2022 | 2.66 Bn |
| Feb 12, 2022 | 2.64 Bn |
| Nov 20, 2021 | 2.62 Bn |
| Aug 28, 2021 | 2.63 Bn |