AutoZone, Inc. Ratios | P/E, ROE & Valuation

On the Key Ratios page for AutoZone, Inc. (AZO), the latest P/E of 19.7 frames valuation, while ROE -80.35% and ROIC 25.42% indicates profitability and capital efficiency. Together with the current ratio of 0.89 and debt-to-equity -4.54, these signals help you judge whether valuation is supported by fundamentals across the historical rows.

Financial Performance Ratios

AZO Historical Per Share Metrics

10 years
Metric (FY)TTM202520242023202220212020201920182017
Revenue per Share$1213.65$1128.04$1068.25$943.12$808.29$657.89$536.62$475.20$416.06$383.00
Net Income per Share$150.48$148.80$153.82$136.60$120.83$97.60$73.62$64.78$49.59$45.05
Operating Cash Flow per Share$186.56$185.68$173.56$158.88$159.70$158.23$115.55$85.26$77.13$55.24
Free Cash Flow per Share$99.18$106.62$111.58$115.84$126.26$130.27$96.11$65.39$57.77$35.76
Cash per Share$15.41$16.19$17.23$14.97$13.15$52.68$74.38$7.06$8.08$10.32
Book Value per Share$-169.09$-203.37$-274.40$-235.00$-176.00$-80.84$-37.30$-68.65$-56.37$-50.24
Tangible Book Value per Share$-187.47$-221.39$-291.89$-251.35$-191.06$-94.45$-50.22$-80.99$-67.96$-65.87
Interest Debt per Share$795.68$753.65$741.09$607.53$472.00$378.93$361.53$218.40$194.15$185.90
CAPEX per Share$87.39$79.06$61.97$43.04$33.44$27.96$19.45$19.87$19.36$19.48

AZO Historical Valuation Ratios

10 years
Metric (FY)TTM202520242023202220212020201920182017
Price to Earnings (P/E)19.6828.2220.6818.5317.5415.8716.2517.0115.4611.73
Price to Book (P/B)-17.35-20.65-11.59-10.77-12.04-19.16-32.08-16.05-13.6-10.52
Price to Sales (P/S)2.43.722.982.682.622.352.232.321.841.38
Enterprise Value to EBITDA14.1419.5115.4314.4413.8912.3612.3112.5711.818.25
EV to Sales3.024.353.633.293.182.842.752.752.271.82
EV to Operating Cash Flow19.6226.4322.3519.5616.0811.812.7615.3112.2712.64
EV to Free Cash Flow36.9146.0334.7626.8220.3414.3315.3519.9616.3819.53
Enterprise Value$60.28B$82.39B$67.14B$57.51B$51.64B$41.51B$34.72B$32.59B$25.52B$19.86B

AZO Historical Profitability Ratios

10 years
Metric (FY)TTM202520242023202220212020201920182017
Return on Equity (ROE)-80.35%-73.17%-56.06%-58.13%-68.65%-120.74%-197.38%-94.36%-87.98%-89.67%
Return on Invested Capital (ROIC)25.42%28.44%34.18%35.47%36.75%31.11%22.42%39.74%33.87%30.47%
Return on Tangible Assets12.02%13.11%15.78%16.12%16.23%15.27%12.27%16.87%14.80%14.53%
Earnings Yield5.13%3.54%4.83%5.40%5.70%6.30%6.15%5.88%6.47%8.53%
Free Cash Flow Yield3.41%2.54%3.51%4.58%5.96%8.41%8.03%5.94%7.53%6.77%
Dividend Yield0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

AZO Historical Liquidity & Financial Strength

10 years
Metric (FY)TTM202520242023202220212020201920182017
Current Ratio0.890.880.840.80.770.871.080.910.920.97
Interest Coverage7.637.598.2311.0116.8514.9411.8411.6610.1813.34
Income Quality1.241.251.131.161.321.621.571.321.561.23
Debt to Equity-4.54-3.57-2.6-2.51-2.63-4.58-9.46-3.07-3.33-3.59
Debt to Assets60.39%62.91%72.00%68.37%60.86%56.69%57.59%53.18%54.12%55.39%
Net Debt to EBITDA2.92.822.772.672.432.12.321.962.242.01

AZO Historical Efficiency Ratios

10 years
Metric (FY)TTM202520242023202220212020201920182017
Receivables Turnover26.1328.2633.8933.5532.1938.6634.6338.3943.4738.79
Payables Turnover1.151.121.181.161.071.151.141.131.191.24
Inventory Turnover1.281.281.411.451.381.491.311.271.331.33
Days Sales Outstanding13.9712.9210.7710.8811.349.4410.549.518.49.41
Days Payables Outstanding318.01326.49309.55313.41342.56317.58321.1322.93306.71295.52
Days of Inventory on Hand286.13285.81259.03250.86264.52245.02278.57286.7274.32275.19

AZO Historical Market Metrics

10 years
Metric (FY)TTM202520242023202220212020201920182017
Enterprise Value to EBITDA14.1419.5115.4314.4413.8912.3612.3112.5711.818.25
Market Cap$47.91B$70.49B$55.07B$46.85B$42.61B$34.45B$28.16B$27.50B$20.68B$15.02B
Enterprise Value$60.28B$82.39B$67.14B$57.51B$51.64B$41.51B$34.72B$32.59B$25.52B$19.86B
Dividend Yield0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Payout Ratio0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

How does AutoZone, Inc.’s P/E ratio compare with its history?

On this page, AZO's current P/E is 19.7, compared with a multi-year average around 18.1. When the current P/E sits near its historical average, the multiple is close to that range. Look at trend direction in profitability and cash-flow rows, plus liquidity and leverage, rather than treating the P/E in isolation.

What is AutoZone, Inc. market cap?

Market cap is the market value of a company's equity and is commonly calculated as share price multiplied by shares outstanding. The latest market cap shown in the table is $47.91B. Pair market cap with valuation multiples (P/E, P/B, P/S) so you can evaluate whether size also corresponds with "quality" and profitability. For a wider view across stocks, you can also use the stock screener.

How does AutoZone, Inc.’s P/E compare with its industry?

There is no P/E Tickerplace rates as good. Compare the P/E on this page with AutoZone, Inc.'s own historical range (in the table) and with peers via the Screener and Compare tools. A higher or lower multiple versus peers is a calculated gap, not a recommendation.

How does AutoZone, Inc. compare to its competitors in key financial ratios?

The fastest way to compare AutoZone, Inc. with competitors is to use the built-in "Peers Comparison" section on this page and the Compare tool. Focus on a small set of ratios that work together: P/E for valuation, ROE/ROIC for profitability and capital efficiency, current ratio and interest coverage for liquidity and solvency, and debt-to-equity for leverage risk. When you see AutoZone, Inc. outperform peers on profitability while keeping valuation and leverage reasonable, it often signals stronger fundamentals.

What do AutoZone, Inc.'s liquidity and leverage ratios show?

Liquidity and leverage figures on this page are published ratios, not a verdict that AutoZone, Inc. is financially strong. Current ratio is about 0.89, which is below 1.0 and can suggest tighter short-term liquidity. Interest coverage is about 7.63, implying a stronger ability to cover interest expenses. Debt-to-equity is about -4.54, suggesting leverage is more moderate relative to a high-debt profile. Pair them with ROE/ROIC and cash-flow rows in the table. Tickerplace does not rate the company as a good or poor investment.

What do AutoZone, Inc.'s financial ratios say about its future growth?

Ratios are a way to see what the business is likely to sustain. Look for upward trends in profitability metrics (ROE and ROIC), improving earnings/cash-flow backed measures, and stable or strengthening liquidity. If AutoZone, Inc. is sustaining strong returns (for example ROE at -80.35% and ROIC at 25.42%) while debt levels and interest coverage remain manageable, growth expectations may be more credible. If valuation multiples expand while returns weaken, the market may be pricing optimistic growth ahead of results.