AutoZone (AZO) Financial Ratios: P/E, ROE & More

AutoZone (AZO) Financial Ratios

For fiscal 2026 (fiscal year ended Aug 29, 2026), AutoZone had a P/E ratio of 18.80 (down from 28.11), debt-to-equity of -5.14 (down from -3.68), a current ratio of 0.90 (up from 0.88) and return on assets of 11.4% (down from 12.3%). A current ratio of 0.90 means current liabilities exceed current assets.

AutoZone Financial Ratios Analysis

Valuation, profitability, leverage, and liquidity ratios

Income Statement Balance Sheet Cash Flow Ratios

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Breakdown	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period ending	Aug 2026	Aug 2025	Aug 2024	Aug 2023	Aug 2022	Aug 2021
Valuation Ratios
P/E Ratio	18.80	28.11	20.41	17.62	17.35	15.37
Forward P/E	17.67	26.13	19.75	17.63	17.64	17.49
P/S Ratio	2.38	3.71	2.94	2.55	2.59	2.28
P/B Ratio	-19.32	-20.57	-11.44	-10.24	-11.91	-18.56
Price/FCF	-	39.24	28.14	20.77	16.60	11.52
Price/OCF	-	22.53	18.09	15.15	13.13	9.48
PEG Ratio	1.35	2.41	1.33	1.31	1.48	1.49
Enterprise Value Ratios
EV/Revenue	3.00	4.35	3.60	3.13	3.12	2.76
EV/EBITDA	14.06	19.52	15.34	13.76	13.67	11.89
EV/EBIT	16.40	22.84	17.57	15.72	15.52	13.52
EV/FCF	-	46.05	34.46	25.48	19.99	13.94
Profitability & Returns
Return on Assets (ROA)	11.36%	12.35%	14.28%	13.89%	13.72%	12.90%
Return on Invested Capital (ROIC)	27.59%	31.45%	37.94%	39.16%	37.31%	30.86%
Return on Capital Employed (ROCE)	32.30%	36.70%	44.80%	46.50%	48.90%	41.80%
Leverage & Solvency Ratios
Debt/Equity	-5.14	-3.68	-2.66	-2.56	-2.69	-4.68
Debt/EBITDA	2.66	2.66	2.62	2.78	2.54	2.23
Debt/FCF	-	7.03	6.55	5.19	3.75	2.90
Liquidity Ratios
Current Ratio	0.90	0.88	0.84	0.80	0.77	0.87
Quick Ratio	0.03	0.10	0.10	0.10	0.10	0.22
Efficiency Ratios
Asset Turnover	0.99	1.04	1.11	1.12	1.09	1.01
Inventory Turnover	1.31	1.36	1.46	1.47	1.51	1.52
Yield & Distribution Ratios
Earnings Yield	5.32%	3.56%	4.90%	5.68%	5.76%	6.51%
FCF Yield	-	2.55%	3.55%	4.81%	6.02%	8.68%
Buyback Yield	2.20%	3.13%	6.81%	7.86%	9.06%	5.37%

Source: Company financial statements from annual and quarterly filings. Data as of Aug 29, 2026. Data sources and methodology

Frequently Asked Questions About AutoZone Financial Ratios

What is AutoZone's P/E ratio?

AutoZone's P/E ratio was 18.80 for fiscal 2026 (period ended Aug 29, 2026). It was 28.11 a year earlier.

What is AutoZone's debt-to-equity ratio?

AutoZone's debt-to-equity ratio was -5.14 for fiscal 2026 (period ended Aug 29, 2026). It was -3.68 a year earlier.

What is return on equity (ROE)?

Return on equity is net income divided by shareholders' equity. It measures how much profit a company generates from the capital its shareholders have invested. Full definition