AutoZone Inc (AZO)
Return on equity (ROE)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 2,621,057 | 2,582,571 | 2,528,426 | 2,473,628 | 2,418,476 | 2,413,687 | 2,429,604 | 2,405,332 | 2,408,925 | 2,283,116 | 2,170,314 | 2,125,000 | 1,871,732 | 1,876,124 | 1,998,919 | 1,664,411 | 1,616,153 | 1,617,221 | 1,452,275 | 1,413,047 |
| Total stockholders’ equity | US$ in thousands | -4,837,320 | -5,213,670 | -4,349,890 | -4,301,580 | -4,184,170 | -3,837,920 | -3,538,910 | -3,387,230 | -3,137,480 | -2,124,750 | -1,797,540 | -1,763,390 | -1,523,570 | -1,026,980 | -877,977 | -1,632,740 | -1,776,090 | -1,713,850 | -1,589,510 | -1,594,360 |
| ROE | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
February 10, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $2,621,057K ÷ $-4,837,320K
= —
The lack of available data on AutoZone Inc's return on equity (ROE) in the provided table prevents me from conducting a detailed analysis at this moment. However, ROE is a crucial financial metric that measures a company's profitability by evaluating how effectively it generates profit from shareholders' equity. To gain insights into AutoZone Inc's financial performance and efficiency in utilizing shareholders' funds, it is recommended to review the company's most recent financial statements and calculate the ROE using the formula: ROE = Net Income / Average Shareholders' Equity. This calculation will provide a clearer understanding of AutoZone Inc's profitability relative to the shareholders' equity invested in the company.
Peer comparison
Feb 10, 2024