AutoZone Inc (AZO)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 53.09% | 53.18% | 52.94% | 52.60% | 51.96% | 51.57% | 51.43% | 51.56% | 52.13% | 52.38% | 52.51% | 52.61% | 52.75% | 53.03% | 53.31% | 53.35% | 53.41% | 53.58% | 53.67% | 53.65% |
| Operating profit margin | 20.49% | 20.66% | 20.60% | 20.38% | 19.90% | 19.60% | 19.43% | 19.55% | 20.12% | 20.30% | 20.69% | 20.36% | 20.13% | 20.46% | 19.47% | 19.78% | 19.78% | 18.79% | 18.55% | 18.68% |
| 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% |
| Net profit margin | 14.40% | 14.60% | 14.70% | 14.62% | 14.48% | 14.45% | 14.32% | 14.57% | 14.95% | 15.21% | 15.44% | 15.08% | 14.84% | 14.90% | 13.98% | 14.14% | 14.17% | 13.48% | 13.45% | 13.63% |
AutoZone Inc has shown relatively stable gross profit margins over the past five years, ranging from 51.43% to 53.31%. This indicates consistent management of production costs and pricing strategies. Operating profit margins have also been steady, fluctuating between 19.43% and 20.69%, reflecting efficient operational management and cost control.
The pretax margin has shown some variability, with a range of 16.97% to 19.48% over the same period. This suggests fluctuations in non-operating expenses or income. Net profit margins have also fluctuated, ranging from 13.45% to 15.44%, indicating variations in tax burdens or other expenses.
Overall, AutoZone Inc has maintained solid profitability ratios, with the ability to generate positive margins across gross, operating, pretax, and net profit levels, albeit with some degree of variability.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 22.06% | 21.71% | 21.97% | 22.09% | 21.73% | 21.51% | 21.12% | 21.15% | 21.41% | 22.11% | 22.93% | 21.33% | 20.28% | 20.64% | 18.41% | 18.02% | 19.35% | 17.98% | 17.55% | 22.39% |
| Return on assets (ROA) | 15.50% | 15.34% | 15.68% | 15.85% | 15.82% | 15.86% | 15.56% | 15.76% | 15.91% | 16.56% | 17.11% | 15.79% | 14.95% | 15.03% | 13.22% | 12.88% | 13.86% | 12.90% | 12.73% | 16.34% |
| Return on total capital | 88.63% | 101.54% | 96.83% | 106.82% | 104.68% | 110.41% | 114.85% | 130.07% | 126.62% | 120.25% | 119.43% | 116.52% | 84.80% | 83.28% | 69.65% | 58.49% | 60.20% | 61.29% | 63.46% | 63.45% |
| Return on equity (ROE) | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
AutoZone Inc's profitability ratios have demonstrated relatively stable performance over the past few years. The Operating return on assets (Operating ROA) ranged from 18.02% to 22.93%, with an average of around 21%. This indicates that the company efficiently generated operating profits relative to its total assets.
The Return on assets (ROA) averaged around 15.50% to 17.11%, reflecting the company's ability to generate profits from its assets. The Return on total capital showed a wider range, from 58.49% to 130.07%, with an average of approximately 100%. This ratio demonstrates how well the company is utilizing its total capital to generate returns for its stakeholders.
Unfortunately, data for Return on equity (ROE) is not available for analysis. In conclusion, AutoZone Inc's profitability ratios suggest a consistent performance in generating profits relative to its assets and capital over the analyzed period, with a focus on operational efficiency and effective capital utilization.