Quick answer: latest quarter results, by ticker or company name

Reported Q: Q4 2024 Rev YoY: +48.1% EPS YoY: +58.1% Move: +2.11%

AutoZone Inc

AZO

$3 681.26 2.11%

Exchange NYSE Sector Consumer Cyclical Industry Auto Parts

Q4 2024

Published: Oct 28, 2024

Company Status Snapshot

Fast view of the latest quarter outcome for AZO

Reported

Report Date

Oct 28, 2024

Quarter Q4 2024

Revenue

6.21B

YoY: +48.1%

EPS

51.88

YoY: +58.1%

Market Move

+2.11%

Previous quarter: Q3 2024

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Earnings Highlights

Revenue of $6.21B up 48.1% year-over-year
EPS of $51.88 increased by 58.1% from previous year
Gross margin of 52.5%
Net income of 902.21M
"reaccelerate our new hub and mega-hub openings; effectively and efficiently open our new distribution centers and optimize our direct import facility; ramp-up our domestic and international store growth; and most importantly, reaccelerate our domestic commercial sales growth and continue to gain market share on DIY." - Phil Daniele

AZO

Company AZO

Period Q4 2024

Currency USD

Report Type Quarterly Earnings

Generated Feb 9, 2026

Executive Summary

AutoZone reported a solid QQ4 2024, with total sales of $6.205B and diluted EPS of $51.58, up 9% and 11% respectively on the quarter. On a 16-week basis, the quarter implied a 2.6% year-over-year increase in sales, with domestic DIY roughly flat and domestic DIFM up 10.9%, while international comps rose about 9.9% in constant currency. The quarter benefited from a favorable 53rd week in the fiscal year, but foreign exchange headwinds reduced reported international sales and EPS. Full-year 2024 results showed sales of $18.5B and EPS of $149.55, up 5.9% and 13%, respectively. AutoZone generated strong cash flow, delivering $723M of free cash flow in Q4 and $1.9B for the year, and repurchased $711M of stock in the quarter, with roughly $2.2B remaining under the current buyback authorization.

Key Performance Indicators

Revenue

Increasing

6.21B

QoQ: 46.51% | YoY: 48.09%

Gross Profit

Increasing

3.26B

52.50% margin

QoQ: 43.80% | YoY: 47.15%

Operating Income

Increasing

1.30B

QoQ: 44.05% | YoY: 52.80%

Net Income

Increasing

902.21M

QoQ: 38.43% | YoY: 52.02%

EPS

Increasing

52.98

QoQ: 40.42% | YoY: 58.10%

Revenue Trend

Margin Analysis

Financial Highlights

Summary of key QQ4 2024 metrics and year-over-year/quarter-over-quarter trends:
- Total revenue (Q4): $6.205B, up 9% year over year; FY24 revenue: $18.5B, up 5.9% YoY. On 16-week bases, Q4 comps were up 2.6% vs. last year (per management).
- Gross margin: 52.5% in Q4, down 21 bps versus prior year due to LIFO; excluding LIFO, gross margin up 32 bps driven by merchandising margin strength.
- Operating income (EBIT): Q4 $1.296B, up 6.1% YoY; FY24 EBIT just under $3.8B, up 9.1% YoY.
- Net income and EPS: Q4 net income $902.2M; diluted EPS $51.58 for the quarter (YoY EPS up ~11%). FY24 net income $2.7B; diluted EPS $149.55, up 13%.
- SG&A and Opex: SG&A up 10.4% in Q4; SG&A as a % of sales deleveraged 37 bps; investment in IT and payroll to support growth initiatives.
- Cash flow and balance sheet: Free cash flow (FCF) of $723M in Q4; FY24 FCF of $1.9B; cash at period end $298.2M; total debt around $12.37B; net debt around $12.07B; leverage/EBITDAR at 2.5x.
- Capital allocation: AutoZone repurchased $711M of stock in Q4; 16-year buyback program history with >$3.2B buybacks in FY24? (management note indicates $37B since inception; specifics vary by report).

Income Statement

Metric	Value	YoY Change	QoQ Change
Revenue	6.21B	48.09%	46.51%
Gross Profit	3.26B	47.15%	43.80%
Operating Income	1.30B	52.80%	44.05%
Net Income	902.21M	52.02%	38.43%
EPS	52.98	58.10%	40.42%

Key Financial Ratios

Gross Profit Margin

Good

52.50%

Gross profit margin is healthy and competitive within industry standards

Operating Profit Margin

Good

20.90%

Operating margin is healthy and competitive within industry standards

Net Profit Margin

Good

14.50%

Net profit margin is healthy and competitive within industry standards

Return on Assets

Fair

5.25%

Return on assets is acceptable but below top-tier companies

Return on Equity

Weak

-0.19%

Return on equity suggests inefficient capital allocation

Current Ratio

Concern

0.84

Current ratio below safe levels, potential liquidity risk

Debt to Equity

Conservative

-2.60

Debt-to-equity shows conservative leverage and low financial risk

P/E Ratio

Fair Value

15.01x

P/E ratio in line with market averages

Price to Book

Undervalued

-11.41x

Trading below book value, potential value opportunity or distressed

Historical Earnings Comparison

Period	Revenue ($M)	EPS ($)	YoY Growth	Report
Q3 2025	4,464.34	35.36	+5.4%	View
Q2 2025	3,952.01	28.29	-6.7%	View
Q1 2025	4,279.64	32.52	+10.9%	View
Q4 2024	6,205.38	51.88	+48.1%	View
Q3 2024	4,235.48	36.69	-25.6%	View

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Company Status Snapshot

Earnings Highlights

Executive Summary

Key Performance Indicators

Revenue Trend

Margin Analysis

Financial Highlights

Income Statement

Key Financial Ratios

Management Insights Available for Members

Peer Comparison Available for Members

Investment Outlook & SWOT Available for Members

Historical Earnings Comparison

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