Investing

CapEx

AutoZone CapEx increased by 107.5% to $651.98M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 20.8%, from $539.74M to $651.98M.

Analysis

StatementCash Flow Statement
SectionInvesting
CategoryGrowth
SignalContext dependent
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026

How to read this metric

An increase signals growth investment or infrastructure modernization; a decrease might suggest cost-cutting or a transition to an asset-light model.

Detailed definition

Funds used by a company to acquire, upgrade, and maintain physical assets such as property, plants, buildings, technolog...

Peer comparison

Hardware-focused tech firms typically have higher CapEx relative to revenue than pure software companies due to manufacturing and supply chain needs.

Metric ID: cf_capital_expenditures

Historical Data

16 periods
 Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q3 '24Q4 '24Q1 '25Q3 '25Q4 '25
Value$102.27M$208.14M$369.35M$0.00$114.40M$259.23M$430.44M$0.00$235.43M$490.81M$725.91M$247.04M$539.74M$885.62M$314.17M$651.98M
QoQ Change+103.5%+77.5%-100.0%+126.6%+66.0%-100.0%+108.5%+47.9%-66.0%+118.5%+64.1%-64.5%+107.5%
YoY Change+11.9%+24.5%+16.5%+105.8%+89.3%+68.6%+4.9%+10.0%+22.0%+27.2%+20.8%
Range$0.00$885.62M
CAGR+63.9%
Avg YoY Growth+36.5%
Median YoY Growth+22.0%

Frequently Asked Questions

What is AutoZone's capex?
AutoZone (AZO) reported capex of $651.98M in Q4 2025.
How has AutoZone's capex changed year-over-year?
AutoZone's capex increased by 20.8% year-over-year, from $539.74M to $651.98M.
What does capex mean?
The money spent on long-term physical assets like machinery, data centers, and office buildings.