AUTOZONE INC
AZO · Retail-Auto & Home Supply Stores · 16.3M shares · -7%/yr ↓ buyback · EDGAR filings ↗
Net buyback after stock comp: $3.7B (gross $3.7B, SBC $33M)
Reference price $2,987.00 · est. market cap ~$48.8B — last insider purchase, 2026-05-29 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
A87Dominant auto-parts retailer/distributor with top-decile margins, ROA and elite cash generation; negative equity is a buyback artifact.
Strengths
- Top-decile gross (52.6%), operating (19.1%) and net (13.2%) margins; ROA 12.9% and OCF margin 100th pct
- $1.79B FCF and resilient, non-discretionary failure/maintenance demand
Risks
- Negative book equity and net income down 6.2%; FX/commercial competition pressure
- Working-capital deficit model and rising labor/tariff cost pressures
Notable findings
- Customer concentration~85% of revenue from one customer/distributor — During fiscal 2025, failure and maintenance related categories represented the largest portion of our sales mix, at approximately 85% of total sales
- Negative equityNegative book equity (debt/equity -2.58)
- Weak liquidityCurrent ratio 0.88 (<1)
- Buying back stockNet buyback — share count -7%/yr over 4y
- Insider buyingInsider buying — 1 open-market buy(s) by 1 insider(s) (~$492,855, last 6mo) Form 4 ↗
- Strong balance sheetStrong balance sheet — $272M cash & investments
- Insider sellingInsider selling — 6 open-market sale(s) by 3 insider(s) (cluster of 3 insiders, ~$34M, last 6mo) Form 4 ↗
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
52.6%
Operating margin
19.1%
Net margin
13.2%
Return on equity
-73.2%
Return on assets
12.9%
ROIC
53.0%
Revenue growth (QoQ)
8.2%
Net-income growth
-6.2%
Debt / equity
-2.6×
Net debt / EBITDA
2.0×
Current ratio
0.9×
Free cash flow
$1.8B
EBITDA
$4.2B
Tangible book value
-$3.7B
Cash & investments
$272M
Stock comp / revenue
0.7%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-05-29 | Hannasch Brian | Buy | 165 | $2,987.00 |
| 2026-04-10 | GRAVES EARL G JR | Sell | 50 | $3,478.72 |
| 2026-03-31 | Murphy John Scott | Grant | 4 | $3,377.78 |
| 2026-03-31 | Murphy John Scott | Grant | 1 | — |
| 2026-03-31 | Jaycox Kenneth E | Grant | 1 | $3,377.78 |
| 2026-03-31 | JACKSON JAMERE | Grant | 1 | $3,377.78 |
| 2026-03-31 | Daniele Philip B. | Grant | 10 | $3,377.78 |
| 2026-03-31 | Daniele Philip B. | Grant | 2 | — |
| 2026-03-31 | Borninkhof K. Michelle | Grant | 3 | $3,377.78 |
| 2026-03-31 | Borninkhof K. Michelle | Grant | 1 | — |
| 2026-03-31 | BEDSOLE JENNA M. | Grant | 4 | $3,377.78 |
| 2026-03-31 | BEDSOLE JENNA M. | Grant | 1 | — |
| 2026-01-23 | Smith Richard Craig | Option exercise | 5.9K | $587.13 |
| 2026-01-23 | Smith Richard Craig | Sell | 5.9K | $3,700.00 |
| 2026-01-16 | Smith Richard Craig | Option exercise | 3.2K | $744.85 |
| 2026-01-16 | Smith Richard Craig | Sell | 3.2K | $3,500.00 |
| 2026-01-02 | GRAVES EARL G JR | Sell | 250 | $3,295.00 |
| 2026-01-02 | MRKONIC GEORGE R JR | Sell | 1 | $3,344.57 |
| 2026-01-02 | MRKONIC GEORGE R JR | Sell | 96 | $3,341.97 |
| 2026-01-01 | GEORGE MICHAEL A | Grant | 87 | — |
| 2026-01-01 | Hannasch Brian | Grant | 93 | — |
| 2026-01-01 | SOLTAU JILL A. | Grant | 83 | — |
| 2026-01-01 | GOODSPEED LINDA | Grant | 91 | — |
| 2026-01-01 | KING GALE V. | Grant | 83 | — |
| 2026-01-01 | Spas Montesinos Constantino | Grant | 87 | — |
| 2026-01-01 | MRKONIC GEORGE R JR | Grant | 94 | — |
| 2026-01-01 | GRAVES EARL G JR | Grant | 88 | — |
| 2026-01-01 | RHODES WILLIAM C III | Grant | 156 | — |
| 2026-01-01 | McDonough Claire | Grant | 87 | — |
| 2025-12-31 | Daniele Philip B. | Grant | 2 | — |
| 2025-12-31 | Murphy John Scott | Grant | 5 | $3,391.50 |
| 2025-12-31 | Murphy John Scott | Grant | 1 | — |
| 2025-12-31 | LeRiche Dennis W. | Grant | 3 | $3,391.50 |
| 2025-12-31 | LeRiche Dennis W. | Grant | 1 | — |
| 2025-12-31 | Jaycox Kenneth E | Grant | 2 | $3,391.50 |
| 2025-12-31 | Jaycox Kenneth E | Grant | 1 | — |
| 2025-12-31 | JACKSON JAMERE | Grant | 2 | $3,391.50 |
| 2025-12-31 | Daniele Philip B. | Grant | 13 | $3,391.50 |
| 2025-12-31 | Borninkhof K. Michelle | Grant | 3 | $3,391.50 |
| 2025-12-31 | Borninkhof K. Michelle | Grant | 1 | — |
| 2025-12-31 | BEDSOLE JENNA M. | Grant | 4 | $3,391.50 |
| 2025-12-31 | BEDSOLE JENNA M. | Grant | 1 | — |
| 2025-12-22 | GEORGE MICHAEL A | Buy | 145 | $3,398.13 |
| 2025-12-22 | Newbern Thomas B | Gift | 44 | — |
| 2025-12-18 | Hannasch Brian | Buy | 147 | $3,393.09 |
| 2025-12-15 | Daniele Philip B. | Gift | 500 | — |
| 2025-12-11 | Daniele Philip B. | Option exercise | 500 | $587.13 |
| 2025-12-10 | JACKSON JAMERE | Buy | 55 | $3,413.50 |
| 2025-11-06 | Smith Richard Craig | Gift | 300 | — |
| 2025-10-27 | Borninkhof K. Michelle | Sell | 300 | $3,775.00 |
| 2025-10-27 | Borninkhof K. Michelle | Option exercise | 300 | $1,519.62 |
| 2025-10-17 | Daniele Philip B. | Sell | 351 | $4,022.77 |
| 2025-10-17 | Daniele Philip B. | Sell | 454 | $4,021.71 |
| 2025-10-17 | Daniele Philip B. | Sell | 428 | $4,020.35 |
| 2025-10-17 | Daniele Philip B. | Option exercise | 2.5K | $587.13 |
| 2025-10-17 | Daniele Philip B. | Sell | 36 | $4,023.45 |
| 2025-10-17 | Daniele Philip B. | Sell | 92 | $4,025.10 |
| 2025-10-17 | Daniele Philip B. | Sell | 136 | $4,028.40 |
| 2025-10-17 | Daniele Philip B. | Sell | 207 | $4,018.18 |
| 2025-10-17 | Daniele Philip B. | Sell | 225 | $4,026.56 |
| 2025-10-17 | Daniele Philip B. | Sell | 283 | $4,016.53 |
| 2025-10-17 | Daniele Philip B. | Sell | 321 | $4,015.27 |
| 2025-10-13 | Daniele Philip B. | Gift | 646 | — |
| 2025-10-09 | Daniele Philip B. | Option exercise | 500 | $587.13 |
| 2025-09-30 | Borninkhof K. Michelle | Grant | 1 | — |
| 2025-09-30 | Murphy John Scott | Grant | 2 | $4,290.24 |
| 2025-09-30 | LeRiche Dennis W. | Grant | 2 | $4,290.24 |
| 2025-09-30 | Jaycox Kenneth E | Grant | 3 | $4,290.24 |
| 2025-09-30 | Jaycox Kenneth E | Grant | 1 | — |
| 2025-09-30 | JACKSON JAMERE | Grant | 2 | $4,290.24 |
| 2025-09-30 | Hackney William R. | Grant | 1 | $4,290.24 |
| 2025-09-30 | Daniele Philip B. | Grant | 8 | $4,290.24 |
| 2025-09-30 | BEDSOLE JENNA M. | Grant | 1 | — |
| 2025-09-30 | Daniele Philip B. | Grant | 1 | — |
| 2025-09-30 | Borninkhof K. Michelle | Grant | 3 | $4,290.24 |
| 2025-09-30 | BEDSOLE JENNA M. | Grant | 3 | $4,290.24 |
| 2025-09-24 | Murphy John Scott | Sell | 313 | $4,208.03 |
| 2025-09-24 | Murphy John Scott | Option exercise | 1.7K | $587.13 |
| 2025-09-24 | Murphy John Scott | Option exercise | 1.2K | $744.85 |
| 2025-09-24 | Murphy John Scott | Sell | 13 | $4,115.33 |
| 2025-09-24 | Murphy John Scott | Sell | 25 | $4,178.87 |
| 2025-09-24 | Murphy John Scott | Sell | 34 | $4,183.83 |
| 2025-09-24 | Murphy John Scott | Sell | 60 | $4,168.20 |
| 2025-09-24 | Murphy John Scott | Sell | 107 | $4,182.01 |
| 2025-09-24 | Murphy John Scott | Sell | 114 | $4,228.01 |
| 2025-09-24 | Murphy John Scott | Sell | 120 | $4,109.26 |
| 2025-09-24 | Murphy John Scott | Sell | 182 | $4,205.01 |
| 2025-09-24 | Murphy John Scott | Sell | 192 | $4,222.85 |
| 2025-09-24 | Murphy John Scott | Sell | 200 | $4,220.22 |
| 2025-09-24 | Murphy John Scott | Sell | 200 | $4,218.95 |
| 2025-09-24 | Murphy John Scott | Sell | 200 | $4,197.16 |
| 2025-09-24 | Murphy John Scott | Sell | 200 | $4,193.64 |
| 2025-09-24 | Murphy John Scott | Sell | 200 | $4,175.20 |
| 2025-09-24 | Murphy John Scott | Sell | 200 | $4,130.01 |
| 2025-09-24 | Murphy John Scott | Sell | 200 | $4,088.44 |
| 2025-09-24 | Murphy John Scott | Sell | 300 | $4,105.55 |
| 2025-07-24 | Smith Richard Craig | Sell | 3.0K | $3,875.90 |
| 2025-07-24 | Smith Richard Craig | Option exercise | 3.0K | $744.85 |
| 2025-06-30 | LeRiche Dennis W. | Grant | 1 | — |
| 2025-06-30 | JACKSON JAMERE | Grant | 2 | $3,712.23 |
| 2025-06-30 | Hackney William R. | Grant | 1 | $3,712.23 |
| 2025-06-30 | Daniele Philip B. | Grant | 12 | $3,712.23 |
| 2025-06-30 | Daniele Philip B. | Grant | 2 | — |
| 2025-06-30 | Borninkhof K. Michelle | Grant | 3 | $3,712.23 |
| 2025-06-30 | Borninkhof K. Michelle | Grant | 1 | — |
| 2025-06-30 | BEDSOLE JENNA M. | Grant | 4 | $3,712.23 |
| 2025-06-30 | BEDSOLE JENNA M. | Grant | 1 | — |
| 2025-06-30 | Murphy John Scott | Grant | 4 | $3,712.23 |
| 2025-06-30 | LeRiche Dennis W. | Grant | 3 | $3,712.23 |
| 2025-06-30 | Murphy John Scott | Grant | 1 | — |
| 2025-06-20 | Borninkhof K. Michelle | Sell | 200 | $3,600.80 |
| 2025-06-20 | Borninkhof K. Michelle | Option exercise | 750 | $1,519.62 |
| 2025-06-20 | Borninkhof K. Michelle | Sell | 550 | $3,595.80 |
| 2025-06-10 | RHODES WILLIAM C III | Sell | 2.4K | $3,704.50 |
| 2025-06-10 | RHODES WILLIAM C III | Sell | 2.5K | $3,708.63 |
| 2025-06-10 | RHODES WILLIAM C III | Sell | 2.5K | $3,705.48 |
| 2025-06-10 | RHODES WILLIAM C III | Sell | 4.4K | $3,713.67 |
| 2025-06-10 | RHODES WILLIAM C III | Gift | 3.5K | — |
| 2025-06-10 | RHODES WILLIAM C III | Gift | 2.0K | — |
| 2025-06-10 | RHODES WILLIAM C III | Option exercise | 28K | $1,060.81 |
| 2025-06-10 | RHODES WILLIAM C III | Sell | 129 | $3,717.17 |
| 2025-06-10 | RHODES WILLIAM C III | Sell | 317 | $3,710.67 |
| 2025-06-10 | RHODES WILLIAM C III | Sell | 329 | $3,719.50 |
| 2025-06-10 | RHODES WILLIAM C III | Sell | 537 | $3,712.05 |
| 2025-06-10 | RHODES WILLIAM C III | Sell | 708 | $3,712.94 |
| 2025-06-10 | RHODES WILLIAM C III | Sell | 730 | $3,715.02 |
| 2025-06-10 | RHODES WILLIAM C III | Sell | 958 | $3,716.38 |
| 2025-06-10 | RHODES WILLIAM C III | Sell | 1.1K | $3,706.57 |
| 2025-06-10 | RHODES WILLIAM C III | Sell | 1.1K | $3,700.78 |
| 2025-06-10 | RHODES WILLIAM C III | Sell | 1.7K | $3,718.43 |
| 2025-06-10 | RHODES WILLIAM C III | Sell | 1.9K | $3,703.47 |
| 2025-06-10 | RHODES WILLIAM C III | Sell | 1.9K | $3,707.64 |
| 2025-06-10 | RHODES WILLIAM C III | Sell | 2.0K | $3,709.69 |
| 2025-06-10 | RHODES WILLIAM C III | Sell | 2.2K | $3,702.54 |
| 2025-05-30 | JACKSON JAMERE | Sell | 1.4K | $3,729.80 |
| 2025-05-30 | JACKSON JAMERE | Option exercise | 3.0K | $1,128.95 |
| 2025-05-30 | JACKSON JAMERE | Sell | 2 | $3,735.22 |
| 2025-05-30 | JACKSON JAMERE | Sell | 80 | $3,733.44 |
| 2025-05-30 | JACKSON JAMERE | Sell | 80 | $3,725.50 |
| 2025-05-30 | JACKSON JAMERE | Sell | 131 | $3,730.74 |
| 2025-05-30 | JACKSON JAMERE | Sell | 178 | $3,728.62 |
| 2025-05-30 | JACKSON JAMERE | Sell | 181 | $3,726.78 |
| 2025-05-30 | JACKSON JAMERE | Sell | 232 | $3,723.65 |
| 2025-05-30 | JACKSON JAMERE | Sell | 350 | $3,722.76 |
| 2025-05-28 | Montesinos Constantino Spas | Grant | 45 | — |
| 2025-04-22 | HURTADO DOMINGO | Option exercise | 4.8K | $1,139.99 |
| 2025-04-22 | HURTADO DOMINGO | Sell | 4.8K | $3,660.00 |
| 2025-04-21 | McDonough Claire | Grant | 56 | — |
| 2025-03-31 | LeRiche Dennis W. | Grant | 1 | — |
| 2025-03-31 | JACKSON JAMERE | Grant | 1 | $3,812.78 |
| 2025-03-31 | Hackney William R. | Grant | 1 | $3,812.78 |
| 2025-03-31 | Daniele Philip B. | Grant | 9 | $3,812.78 |
| 2025-03-31 | Daniele Philip B. | Grant | 2 | — |
| 2025-03-31 | GOULD ERIC S. | Option exercise | 1.5K | $744.85 |
| 2025-03-31 | GOULD ERIC S. | Sell | 1.5K | $3,800.00 |
| 2025-03-31 | BEDSOLE JENNA M. | Grant | 3 | $3,812.78 |
| 2025-03-31 | Borninkhof K. Michelle | Grant | 2 | $3,812.78 |
| 2025-03-31 | BEDSOLE JENNA M. | Grant | 1 | — |
| 2025-03-31 | Murphy John Scott | Grant | 3 | $3,812.78 |
| 2025-03-31 | Murphy John Scott | Grant | 1 | — |
| 2025-03-31 | LeRiche Dennis W. | Grant | 3 | $3,812.78 |
| 2025-03-27 | Daniele Philip B. | Option exercise | 2.0K | $744.85 |
| 2025-03-27 | Daniele Philip B. | Sell | 2.0K | $3,800.01 |
| 2025-03-20 | Smith Richard Craig | Option exercise | 1.1K | $761.30 |
| 2025-03-20 | Smith Richard Craig | Option exercise | 1.8K | $744.62 |
| 2025-03-20 | Smith Richard Craig | Sell | 2.9K | $3,610.00 |
| 2025-03-11 | Borninkhof K. Michelle | Sell | 4 | $3,555.00 |
| 2025-03-11 | Borninkhof K. Michelle | Sell | 1 | $3,548.15 |
| 2025-03-11 | Borninkhof K. Michelle | Sell | 29 | $3,545.32 |
| 2025-03-11 | Borninkhof K. Michelle | Sell | 102 | $3,551.25 |
| 2025-03-07 | LeRiche Dennis W. | Option exercise | 1.6K | $587.13 |
| 2025-03-07 | LeRiche Dennis W. | Sell | 1.6K | $3,600.00 |
| 2025-03-05 | CHILDRESS BAILEY L. | Sell | 160 | $3,550.00 |
| 2025-03-05 | CHILDRESS BAILEY L. | Option exercise | 160 | $1,139.99 |
| 2025-01-01 | GRAVES EARL G JR | Grant | 91 | — |
| 2025-01-01 | GEORGE MICHAEL A | Grant | 89 | — |
| 2025-01-01 | MRKONIC GEORGE R JR | Grant | 97 | — |
| 2025-01-01 | Hannasch Brian | Grant | 95 | — |
| 2025-01-01 | SOLTAU JILL A. | Grant | 84 | — |
| 2025-01-01 | GOODSPEED LINDA | Grant | 94 | — |
| 2025-01-01 | KING GALE V. | Grant | 84 | — |
| 2024-12-31 | JACKSON JAMERE | Grant | 2 | $3,202.00 |
| 2024-12-31 | Hackney William R. | Grant | 1 | $3,202.00 |
| 2024-12-31 | Daniele Philip B. | Grant | 13 | $3,202.00 |
| 2024-12-31 | Daniele Philip B. | Grant | 2 | — |
| 2024-12-31 | BEDSOLE JENNA M. | Grant | 1 | $3,202.00 |
| 2024-12-31 | MRKONIC GEORGE R JR | Sell | 336 | $3,202.00 |
| 2024-12-31 | Murphy John Scott | Grant | 5 | $3,202.00 |
| 2024-12-31 | Murphy John Scott | Grant | 1 | — |
| 2024-12-31 | LeRiche Dennis W. | Grant | 3 | $3,202.00 |
| 2024-12-31 | LeRiche Dennis W. | Grant | 1 | — |
| 2024-12-31 | Borninkhof K. Michelle | Grant | 3 | $3,202.00 |
| 2024-12-31 | Borninkhof K. Michelle | Grant | 1 | — |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-06-16 | OtherExhibits | filing ↗ |
| 2026-05-26 | ResultsExhibits | filing ↗ |
| 2026-03-03 | ResultsExhibits | filing ↗ |
| 2025-12-19 | Shareholder vote | filing ↗ |
| 2025-12-09 | ResultsExhibits | filing ↗ |
| 2025-10-08 | Exec/director changeOtherExhibits | filing ↗ |
| 2025-09-23 | ResultsExhibits | filing ↗ |
| 2025-08-28 | Exec/director changeExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-06-16 | 2026-06-16 | 0001171843-26-004150 ↗ |
| 10-Q | 2026-06-12 | 2026-05-09 | 0001104659-26-073525 ↗ |
| 8-K | 2026-05-26 | 2026-05-26 | 0001171843-26-003674 ↗ |
| 10-Q | 2026-03-20 | 2026-02-14 | 0001104659-26-032757 ↗ |
| 8-K | 2026-03-03 | 2026-03-03 | 0001171843-26-001288 ↗ |
| 8-K | 2025-12-19 | 2025-12-17 | 0001171843-25-008040 ↗ |
| 10-Q | 2025-12-19 | 2025-11-22 | 0001104659-25-123222 ↗ |
| 8-K | 2025-12-09 | 2025-12-09 | 0001171843-25-007831 ↗ |
| 10-K | 2025-10-27 | 2025-08-30 | 0001104659-25-102611 ↗ |
| 8-K | 2025-10-08 | 2025-10-08 | 0001171843-25-006358 ↗ |
| 8-K | 2025-09-23 | 2025-09-23 | 0001171843-25-006024 ↗ |
| 8-K | 2025-08-28 | 2025-08-25 | 0001171843-25-005628 ↗ |