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AutoZone AZO Auto Parts Locations — Gross Profit

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Other financials

Income statement

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Revenue$4.8B+8.4%
Gross profit$2.5B+7.3%
Operating income$923.8M+6.6%
Net income$641.5M+5.4%
EPS (diluted)$38.07+7.7%

Balance sheet

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Cash & equivalents$253.7M-5.5%
Total debt$12.6B+3.6%
Total equity-$2.8B+29.9%
Total assets$20.9B+12.3%

Cash flow

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Operating cash flow$2.1B-2.1%
CapEx$997.5M+12.6%
Free cash flow$1.1B-12.3%

Valuation

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Market cap$50.09B-25.8%
Enterprise value$62.46B-21.4%
P/E20.2×-6.1×
P/S2.5×-1.1×

Profitability

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Gross margin51.8%-1.2pp
Operating margin18%-1.6pp
Net margin12.4%-1.2pp
FCF margin25.6%

Returns & leverage

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Return on equity-73.3%
Debt / equity-4.5×
Current ratio0.9×0.0×

Where this comes from

Reported directly by AutoZone in its filing.

Tagged under the XBRL concept us-gaap:GrossProfit.

The source filing: AutoZone’s 10-Q, filed June 12, 2026.

Filed
Jun 12, 2026, 4:36 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q2 2026
Accession
0001104659-26-073525
(in thousands)Twelve Weeks Ended / May 9, 2026Twelve Weeks Ended / May 10, 2025Thirty-Six Weeks Ended / May 9, 2026Thirty-Six Weeks Ended / May 10, 2025
Auto Parts Segment
Net sales$4,840,950$4,464,339$13,743,677$12,695,991
Cost of sales, including warehouse and delivery expenses2,316,3762,110,8166,616,4315,946,010
Gross profit2,524,5742,353,5237,127,2466,749,981
Less:
Compensation expense(1)972,875899,4402,858,2952,633,277
Rent expense(2)122,541111,765356,884327,701
Depreciation & amortization138,216127,031407,274370,948

Item 1.Financial Statements.

FAQ

What is AutoZone's auto parts locations — gross profit?
AutoZone (AZO) reported auto parts locations — gross profit of $7.13B in Q1 2026.
How has AutoZone's auto parts locations — gross profit changed year-over-year?
AutoZone's auto parts locations — gross profit increased by 5.6% year-over-year, from $6.75B to $7.13B.
What does auto parts locations — gross profit mean?
This is the difference between total segment revenues and the cost of goods sold. It measures the fundamental profitability of the retail store operations before accounting for operating expenses.

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