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AutoZone AZO Finished goods

Discontinued — last reported Q3 '26

Finished goods at other companies

Dorman Products logo
Dorman ProductsDORM
Energizer Holdings logo
Energizer HoldingsENR

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$49.15B-22.5%
Enterprise value$61.52B-18.3%
P/E19.8×-4.9×
P/S2.5×-0.9×

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:InventoryFinishedGoodsNetOfReserves.

The official record: AutoZone’s 10-Q, filed June 12, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is AutoZone's finished goods?
AutoZone (AZO) reported finished goods of $7.56B in Q1 2026.
How has AutoZone's finished goods changed year-over-year?
AutoZone's finished goods increased by 10.8% year-over-year, from $6.82B to $7.56B.
What is the long-term trend for AutoZone's finished goods?
Over 4 years (2021 to 2025), AutoZone's finished goods has grown at a 10.9% compound annual growth rate (CAGR), from $4.64B to $7.03B.
What does finished goods mean?
This represents the value of completed automotive parts and accessories ready for sale to customers, net of any valuation reserves for obsolescence or shrinkage. As a retailer, this inventory is the core driver of revenue and reflects the company's ability to maintain product availability across its store network. It is a critical component of the company's working capital management.