AutoZone Inc (AZO)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 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% | 53.72% | 53.69% |
| Operating profit margin | 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% | 17.72% | 17.90% |
| 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% |
| Net profit margin | 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% | 12.70% | 12.49% |
AutoZone Inc has shown a consistent trend of profitability over the periods analyzed. The gross profit margin has remained relatively stable, hovering around the mid-50% range. This indicates efficient cost management and pricing strategies.
The operating profit margin has also shown stability, with some fluctuations but generally staying above 19%. This implies that the company is effectively managing its operating expenses and generating healthy profits from its core business operations.
Similarly, the pretax margin has remained relatively consistent, indicating consistent profitability before accounting for taxes. The net profit margin, reflecting the overall profitability after taxes and other expenses, has shown a slight increasing trend over the periods analyzed. This suggests that AutoZone Inc has been successful in controlling its expenses and improving its bottom line.
Overall, AutoZone Inc's profitability ratios reflect a company that is efficiently managing its costs, generating healthy profits from its operations, and improving its overall profitability over time.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 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% | 20.74% | 20.78% |
| Return on assets (ROA) | 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% | 14.86% | 14.50% |
| Return on total capital | 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% | 56.89% | 57.58% |
| Return on equity (ROE) | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
AutoZone Inc's profitability ratios have shown a generally positive trend over the recent quarters. The Operating Return on Assets (Operating ROA) has been consistently strong, ranging from 21.12% to 22.93%. This indicates the company's ability to generate profits from its operational activities relative to its total assets.
The Return on Assets (ROA) has also shown improvement, fluctuating between 12.73% to 17.11%. This ratio reflects how efficiently AutoZone Inc is utilizing its assets to generate earnings.
Moreover, the Return on Total Capital has been quite high, ranging from 56.89% to 130.07%. This metric indicates the company's ability to generate returns for both equity and debt holders.
However, the Return on Equity (ROE) data is not provided in the table, so we are missing a crucial measure of how well AutoZone Inc is generating profits for its shareholders.
Overall, AutoZone Inc's profitability ratios suggest a solid financial performance with a focus on efficient asset utilization and strong returns on capital.