Autozone (AZO) Return on Invested Capital [ROIC] (2009 - 2026)
Autozone (AZO) posted Return on Invested Capital [ROIC] of 46.64% for fiscal Q3 2026 (quarter ended May 9, 2026), down 15.54 percentage points from 62.18% a year earlier and down 2.89 percentage points from the prior quarter.
Autozone (AZO) Return on Invested Capital [ROIC] (2009 - 2026) Analysis & Trends
For FY2025 (ended Aug 30, 2025), Autozone's Return on Invested Capital [ROIC] came in at 59.57%, down 20.04 percentage points from FY2024.
- Annual Return on Invested Capital [ROIC] shows a five-year change of +13.06 percentage points (FY2020 to FY2025).
- In prior fiscal years, Autozone's Return on Invested Capital [ROIC] was 79.61% in FY2024 (-14.36 pp), 93.97% in FY2023 (+8.73 pp), 85.24% in FY2022 (+27.90 pp) and 57.34% in FY2021 (+10.83 pp).
- The fiscal Q3 2026 figure stands as the lowest quarterly Return on Invested Capital [ROIC] since fiscal Q1 2021.
- On a year-over-year basis, Return on Invested Capital [ROIC] has declined in each of the last 13 quarters, with an average year-over-year change of -15.40 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Return on Invested Capital [ROIC] in the past five years was fiscal Q2 2022, with a gain of 39.56 percentage points; the weakest was fiscal Q2 2026, with a drop of 17.28 percentage points.
- According to Business Quant data, Return on Invested Capital [ROIC] for the three prior fiscal quarters was 49.53% (Q2 2026), 52.76% (Q1 2026) and 56.07% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,712.14 Bn | 2,228.84 Bn | 104.83 Bn | 11.04% |
| 2 | Home Depot | 282.27 Bn | 275.52 Bn | 16.12 Bn | 23.31% |
| 3 | Tjx Companies | 146.16 Bn | 123.70 Bn | 5.07 Bn | 44.55% |
| 4 | Lowes Companies | 101.42 Bn | 94.39 Bn | 8.58 Bn | 26.54% |
| 5 | Ross Stores | 73.06 Bn | 55.98 Bn | 2.12 Bn | 33.92% |
| 6 | Target | 70.86 Bn | 65.45 Bn | 8.94 Bn | 14.40% |
| 7 | Carvana | 70.11 Bn | 61.71 Bn | 1.38 Bn | 0.00% |
| 8 | O Reilly Automotive | 69.29 Bn | 68.38 Bn | 2.52 Bn | 54.96% |
| 9 | Autozone | 45.61 Bn | 44.51 Bn | 2.52 Bn | 46.64% |
| 10 | JD.com | 31.28 Bn | -78.90 Bn | 8.71 Bn | 0.48% |
Historic Data
| Date | Value |
|---|---|
| May 9, 2026 | 46.64% |
| Feb 14, 2026 | 49.53% |
| Nov 22, 2025 | 52.76% |
| Aug 30, 2025 | 56.07% |
| May 10, 2025 | 62.18% |
| Feb 15, 2025 | 66.81% |
| Nov 23, 2024 | 69.79% |
| Aug 31, 2024 | 71.69% |
| May 4, 2024 | 74.16% |
| Feb 10, 2024 | 81.55% |
| Nov 18, 2023 | 85.28% |
| Aug 26, 2023 | 87.23% |
| May 6, 2023 | 90.99% |
| Feb 11, 2023 | 97.22% |
| Nov 19, 2022 | 101.61% |
| Aug 27, 2022 | 98.25% |
| May 7, 2022 | 95.02% |
| Feb 12, 2022 | 87.48% |
| Nov 20, 2021 | 73.58% |
| Aug 28, 2021 | 66.64% |
Autozone Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=AZO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=AZO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();