Autozone (AZO) Operating Margin (2009 - 2026)

Autozone (AZO) reported Operating Margin of 19.08% for Q2 2026, down 32.0% year-over-year from 28.06% in Q2 2025, and up 16.77% sequentially from 16.34% in Q1 2026.

Autozone (AZO) Operating Margin (2009 - 2026) Analysis & Trends

Autozone has disclosed Operating Margin across 18 years of filings, most recently posting 19.08% for Q2 2026.

  • Quarterly Operating Margin fell 32.0% year-over-year to 19.08% in Q2 2026, while the trailing twelve-month figure through May 2026 was 18.02% (down 161.0% YoY) and the FY2025 annual result came in at 19.06%, down 143.0% from the prior year.
  • Operating Margin advanced to 19.08% in Q2 2026, from 16.34% in the prior quarter.
  • Across five years, Operating Margin topped out at 21.48% in Q3 2023 and bottomed at 16.34% in Q1 2026.
  • The 5-year median for Operating Margin is 19.33% (2024), against an average of 19.36%.
  • Year-over-year, Operating Margin surged 211 bps in 2023 and sank 271 bps in 2025.
  • Autozone's Operating Margin stood at 18.14% in 2022, then climbed by 12 bps to 20.25% in 2023, then declined by 3 bps to 19.65% in 2024, then decreased by 14 bps to 16.94% in 2025, then rose by 13 bps to 19.08% in 2026.
  • According to Business Quant data, Operating Margin over the past three periods registered 19.08%, 16.34%, and 16.94% for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 O Reilly Automotive 76.00 Bn 75.75 Bn 2.35 Bn 18.45%
2 Autozone 51.46 Bn 51.20 Bn 2.52 Bn 19.08%
3 Modine Manufacturing 15.07 Bn 14.98 Bn 186.10 Mn 11.09%
4 Borgwarner 14.88 Bn 15.05 Bn 677.00 Mn 9.51%
5 Genuine Parts 14.73 Bn 14.25 Bn 2.34 Bn 4.57%
6 Aptiv 13.96 Bn 10.89 Bn 920.00 Mn 7.43%
7 Aurora Innovation 11.93 Bn 10.71 Bn -5.00 Mn -24,400.00%
8 Magna International 10.79 Bn 9.60 Bn 1.42 Bn 4.46%
9 Allison Transmission Holdings 10.06 Bn 9.75 Bn 406.00 Mn 13.87%
10 Autoliv 9.12 Bn 8.77 Bn 526.00 Mn 8.61%

Historic Data

Download Data
DateValue
May 9, 2026 19.08%
Feb 14, 2026 16.34%
Nov 22, 2025 16.94%
Aug 30, 2025 19.16%
May 10, 2025 19.40%
Feb 15, 2025 17.88%
Nov 23, 2024 19.65%
Aug 31, 2024 20.90%
May 4, 2024 21.25%
Feb 10, 2024 19.26%
Nov 18, 2023 20.25%
Aug 26, 2023 21.48%
May 6, 2023 20.99%
Feb 11, 2023 18.15%
Nov 19, 2022 18.14%
Aug 27, 2022 20.64%
May 7, 2022 20.33%
Feb 12, 2022 18.60%
Nov 20, 2021 20.56%
Aug 28, 2021 21.25%