Business Segments · Rent Expense

Auto Parts Locations — Rent Expense

AutoZone Auto Parts Locations — Rent Expense increased by 102.1% to $234.34M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 8.5%, from $215.94M to $234.34M. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ3 2022
Last reportedQ4 2025

How to read this metric

Rising rent expense relative to revenue may indicate declining store productivity or unfavorable lease renewals.

Detailed definition

This represents the lease costs associated with the physical store locations. It reflects the fixed cost burden of maint...

Peer comparison

Standard occupancy cost metric for retail companies with leased store portfolios.

Metric ID: azo_segment_auto_parts_locations_rent_expense

Historical Data

12 periods
 Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q3 '25Q4 '25
Value$102.74M$102.74M$102.74M$102.74M$114.22M$114.22M$114.22M$114.22M$107.37M$215.94M$115.98M$234.34M
QoQ Change+0.0%+0.0%+0.0%+11.2%+0.0%+0.0%+0.0%-6.0%+101.1%-46.3%+102.1%
YoY Change+11.2%+11.2%+11.2%+11.2%-6.0%+89.1%+8.0%+8.5%
Range$102.74M$234.34M
CAGR+35.0%
Avg YoY Growth+18.0%
Median YoY Growth+11.2%

Frequently Asked Questions

What is AutoZone's auto parts locations — rent expense?
AutoZone (AZO) reported auto parts locations — rent expense of $234.34M in Q4 2025.
How has AutoZone's auto parts locations — rent expense changed year-over-year?
AutoZone's auto parts locations — rent expense increased by 8.5% year-over-year, from $215.94M to $234.34M.
What does auto parts locations — rent expense mean?
The total cost of rent paid for the company's retail store properties.