AutoZone Inc (AZO)
Pretax margin
| Aug 31, 2024 | May 4, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 3,337,132 | 3,307,372 | 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 |
| Revenue (ttm) | US$ in thousands | 18,490,270 | 17,975,510 | 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 |
| Pretax margin | 18.05% | 18.40% | 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% |
August 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $3,337,132K ÷ $18,490,270K
= 18.05%
The pretax margin of AutoZone Inc has shown some fluctuations over the past few years, ranging from a low of 16.97% in May 2020 to a high of 19.48% in February 2022. Overall, the company has managed to maintain a relatively stable pretax margin, with an average around 18%. This indicates that AutoZone Inc has been able to effectively manage its operating expenses and generate consistent profits before accounting for taxes. However, it's important to note the slight decrease in pretax margin in the most recent period, dropping to 18.05% in August 2024 from 18.40% in May 2024. Further analysis of the company's financial statements and business operations would be required to understand the reasons behind this trend and assess its potential impact on the company's financial performance.
Peer comparison
Aug 31, 2024