AutoZone Inc (AZO)

Operating profit margin

Aug 31, 2024 Aug 26, 2023 Aug 27, 2022 Aug 28, 2021 Aug 29, 2020
Operating income US$ in thousands 3,788,710 3,473,990 3,270,730 2,944,530 2,417,680
Revenue US$ in thousands 18,490,300 17,457,200 16,252,200 14,629,600 12,632,000
Operating profit margin 20.49% 19.90% 20.12% 20.13% 19.14%

August 31, 2024 calculation

Operating profit margin = Operating income ÷ Revenue
= $3,788,710K ÷ $18,490,300K
= 20.49%

AutoZone Inc's operating profit margin has shown consistency and stability over the past five years. The company has consistently maintained healthy levels of profitability, with operating profit margins ranging from 19.14% to 20.49%. This indicates that AutoZone has been effectively managing its operating expenses in relation to its sales revenue during this period. The slight variations in the operating profit margin suggest that the company has been able to effectively control costs and maximize operational efficiency. Overall, AutoZone's operating profit margin reflects a solid performance in terms of generating profits from its operations.


Peer comparison

Aug 31, 2024

Company name
Symbol
Operating profit margin
AutoZone Inc
AZO
20.49%
Advance Auto Parts Inc
AAP
1.01%
MarineMax Inc
HZO
5.27%
O’Reilly Automotive Inc
ORLY
20.41%

See also:

AutoZone Inc Operating Profit Margin