Income StatementBalance SheetCash FlowSegments
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AutoZone Cash Flow Statement

Operating, investing, and financing cash movements

AutoZone generated $5.8B in operating cash flow over the trailing twelve months. After $2.4B in capital expenditures, free cash flow was $3.4B. Free cash flow increased 0.1% year-over-year. Based on the Q4 2025 filing.

Net Cash From Operating$1.3BNet Cash From Investing (TTM)-$1.7BNet Cash From Financing-$642.9MCapital Expenditures (TTM)$1.5BDepreciation And Amortization$303.8MNet Change In Cash (TTM)-$5.4M
Latest FilingQ4 2025
Report Date2026-03-20
Market Cap$57.6B
P/E Ratio23.56
ROE-66.38%

Investing

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Capital expenditures$247.0M$539.7M$885.6M—$314.2M$652.0M
Net cash from investing activities-$265.7M-$563.4M-$917.3M—-$326.7M-$667.5M
Payments For Proceeds From Capital Assets And Others-$12.0M-$14.9M——$1.1M-$8.3M
Payments To Acquire Tax Credit Equity Investments$31.0M$37.4M$50.4M$0.0$5.1M$9.7M

Operating

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Change in accounts payable$170.0M$449.8M$603.6M—$243.5M$235.8M
Change in accounts receivable-$9.9M$54.6M$41.8M$32.1M-$36.7M$20.3M
Change in income taxes payable/receivable$103.0M$170.6M$136.0M—$114.6M$185.2M
Other working capital changes$57.4M$59.0M-$12.7M—$14.5M-$72.5M
Deferred income taxes-$4.8M-$43.7M-$59.3M$223.3M-$41.7M-$137.1M
Depreciation and amortization$133.2M$271.1M$415.8M—$148.2M$303.8M
Net cash from operating activities$811.8M$1.4B$2.2B—$944.2M$1.3B
Net income$564.9M$1.1B$1.7B—$530.8M$999.7M
Stock-based compensation$26.1M$56.6M$85.6M—$30.7M$67.5M
Non-cash interest expense$3.0M$6.1M$9.1M—$3.2M$6.0M
Increase Decrease In Finished Goods And Work In Process Inventories$136.2M$454.1M$642.3M—$205.3M$552.4M
Other Noncash Income (Expense)——$16.0M—-$98.0M-$157.0M

Free Cash Flow

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Free cash flow$564.8M$855.8M$1.3B—$630.0M$665.6M

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Effect of exchange rate changes on cash-$2.1M-$3.0M$907.0K$7.7M$1.1M$6.5M
Net increase (decrease) in cash$5.8M$2.7M-$29.5M-$5.4M$15.8M$13.7M

Supplemental

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Interest paid$103.3M$103.3M$103.3M$103.3M——
ROU Asset Obtained for Finance Lease Liability$23.9M$23.9M$23.9M$23.9M——
ROU Asset Obtained for Lease Liability$133.3M$133.3M$133.3M$133.3M——
Income Taxes Paid, Net$78.4M$78.4M$78.4M$78.4M——

Financing

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Net cash from financing activities-$538.1M-$826.4M-$1.3B—-$602.7M-$642.9M
Repurchases of common stock$540.1M$866.5M$1.1B—$427.2M$741.7M
Finance Lease, Principal Payments$23.1M$47.4M$74.1M—$27.3M$54.1M
Proceeds from exercises of stock options and other stock issuances$36.0M$64.3M$111.0M—$31.9M$51.5M
Other, net$4.1M$1.1M-$4.9M-$13.7M-$974.0K-$974.0K
Proceeds from (repayments of) short-term borrowings, net-$15.0M$22.0M$225.5M—-$179.1M$102.4M