Non-Current Assets

Accumulated Depreciation

AutoZone Accumulated Depreciation increased by 3.2% to $5.81B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 9.4%, from $5.31B to $5.81B. Over 4 years (FY 2021 to FY 2025), Accumulated Depreciation shows an upward trend with a 8.6% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ4 2014
Last reportedQ1 2026
Parent metricPP&E (Net)

How to read this metric

A rising balance relative to gross assets suggests an aging infrastructure, potentially signaling a need for future capital expenditure to replace equipment.

Detailed definition

This is the cumulative amount of depreciation expense charged against the company's tangible assets since their acquisit...

Peer comparison

Commonly found in the balance sheet or notes for all companies with significant physical property, plant, and equipment.

Metric ID: ppe_accumulated_depreciation

Historical Data

19 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$3.95B$4.00B$4.09B$4.17B$4.28B$4.38B$4.49B$4.60B$4.74B$4.84B$4.94B$5.03B$5.12B$5.21B$5.31B$5.40B$5.49B$5.63B$5.81B
QoQ Change+1.2%+2.2%+2.0%+2.8%+2.2%+2.5%+2.6%+3.0%+2.0%+2.1%+1.7%+1.9%+1.7%+2.0%+1.7%+1.6%+2.6%+3.2%
YoY Change+8.4%+9.5%+9.8%+10.4%+10.7%+10.5%+10.1%+9.2%+8.0%+7.7%+7.5%+7.4%+7.2%+8.1%+9.4%
% of PP&E (Net)81.3%82.3%83.7%83.8%82.8%84.3%85.7%86.3%84.7%84.7%83.6%83.1%82.8%82.9%82.3%80.3%77.7%77.8%76.9%
Share Change+0.9pp+1.5pp+0.1pp-1.0pp+1.4pp+1.4pp+0.6pp-1.6pp-0.1pp-1.0pp-0.5pp-0.3pp+0.1pp-0.6pp-2.1pp-2.6pp+0.1pp-0.9pp
Range$3.95B$5.81B
CAGR+9.0%
Avg YoY Growth+8.9%
Median YoY Growth+9.2%
Current Streak18+ quarters growth

Accumulated Depreciation at Other Companies

Frequently Asked Questions

What is AutoZone's accumulated depreciation?
AutoZone (AZO) reported accumulated depreciation of $5.81B in Q4 2025.
How has AutoZone's accumulated depreciation changed year-over-year?
AutoZone's accumulated depreciation increased by 9.4% year-over-year, from $5.31B to $5.81B.
What is the long-term trend for AutoZone's accumulated depreciation?
Over 4 years (2021 to 2025), AutoZone's accumulated depreciation has grown at a 8.6% compound annual growth rate (CAGR), from $3.95B to $5.49B.
What does accumulated depreciation mean?
The total amount of depreciation recorded against physical assets over time.