AutoZone Inc (AZO)
Pretax margin
| Feb 10, 2024 | Nov 18, 2023 | Aug 26, 2023 | May 6, 2023 | Feb 11, 2023 | Nov 19, 2022 | Aug 27, 2022 | May 7, 2022 | Feb 12, 2022 | Nov 20, 2021 | Aug 28, 2021 | May 8, 2021 | Feb 13, 2021 | Nov 21, 2020 | Aug 29, 2020 | May 9, 2020 | Nov 23, 2019 | Aug 31, 2019 | May 4, 2019 | Feb 9, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 3,295,781 | 3,259,526 | 3,167,616 | 3,093,666 | 3,053,280 | 3,033,201 | 3,079,092 | 3,025,182 | 3,039,879 | 2,891,345 | 2,749,190 | 2,715,688 | 2,401,432 | 2,421,957 | 2,572,489 | 2,124,365 | 2,038,800 | 2,031,332 | 1,848,652 | 1,848,175 |
| Revenue (ttm) | US$ in thousands | 17,830,570 | 17,662,420 | 17,457,210 | 17,114,950 | 16,889,630 | 16,568,400 | 16,252,230 | 15,817,350 | 15,603,150 | 15,144,220 | 14,629,580 | 14,262,070 | 13,390,350 | 13,272,570 | 14,106,750 | 12,343,790 | 12,015,060 | 11,863,750 | 11,434,080 | 11,311,220 |
| Pretax margin | 18.48% | 18.45% | 18.15% | 18.08% | 18.08% | 18.31% | 18.95% | 19.13% | 19.48% | 19.09% | 18.79% | 19.04% | 17.93% | 18.25% | 18.24% | 17.21% | 16.97% | 17.12% | 16.17% | 16.34% |
February 10, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $3,295,781K ÷ $17,830,570K
= 18.48%
AutoZone Inc's pretax margin has shown some fluctuations over the past few years. The pretax margin represents the percentage of each dollar of revenue that the company retains as profit before paying taxes.
Looking at the data provided, we see that the pretax margin has generally been in the range of 16% to 19% over the last few years. The highest pretax margin was 19.48% in May 2022, while the lowest was 16.17% in November 2019.
Overall, AutoZone Inc has maintained a relatively stable pretax margin, with occasional fluctuations. It is important to note that while a higher pretax margin is desirable as it indicates better profitability, the company's margins should be analyzed in conjunction with other financial ratios and factors to get a comprehensive understanding of its financial health and performance.
Peer comparison
Feb 10, 2024