AutoZone Inc (AZO) — Capital Reinvestment Ratio
Latest as of February 2026:
0.90x
AutoZone Inc (AZO) has a Capital Reinvestment Ratio of 0.90x as of February 2026, meaning it reinvests 1% of its operating cash flow ($373.43 Million) in capital expenditures ($336.71 Million). See how much free cash does AutoZone Inc generate to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
0.90x
Capex / Operating Cash Flow
Operating Cash Flow
$373.43 Million
USD
Capital Expenditures
$336.71 Million
USD
Data as of
Feb 2026
Most recent filing
AutoZone Inc Capital Reinvestment Ratio (1990–2025)
This chart tracks AutoZone Inc's Capital Reinvestment Ratio across 36 annual periods.
Annual Capital Reinvestment Ratio for AutoZone Inc (1990–2025)
Year-by-year Capital Reinvestment Ratio for AutoZone Inc from 1990 to 2025. For live market cap and broader valuation context, see AutoZone Inc (AZO) market capitalisation.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.43x | $3.12 Billion | $1.33 Billion | ▲ +19.2% |
| 2024 | 0.36x | $3.00 Billion | $1.07 Billion | ▲ +31.8% |
| 2023 | 0.27x | $2.94 Billion | $796.66 Million | ▲ +29.4% |
| 2022 | 0.21x | $3.21 Billion | $672.39 Million | ▲ +18.5% |
| 2021 | 0.18x | $3.52 Billion | $621.77 Million | ▲ +5.0% |
| 2020 | 0.17x | $2.72 Billion | $457.74 Million | ▼ -27.8% |
| 2019 | 0.23x | $2.13 Billion | $496.05 Million | ▼ -7.2% |
| 2018 | 0.25x | $2.08 Billion | $522.25 Million | ▼ -28.8% |
| 2017 | 0.35x | $1.57 Billion | $553.83 Million | ▲ +13.8% |
| 2016 | 0.31x | $1.58 Billion | $488.79 Million | ▼ -1.7% |
| 2015 | 0.32x | $1.53 Billion | $480.58 Million | ▼ -5.9% |
| 2014 | 0.33x | $1.34 Billion | $449.23 Million | ▲ +14.4% |
| 2013 | 0.29x | $1.42 Billion | $414.45 Million | ▼ -5.2% |
| 2012 | 0.31x | $1.22 Billion | $378.05 Million | ▲ +229.6% |
| 2011 | 0.09x | $1.29 Billion | $121.02 Million | ▼ -64.5% |
| 2010 | 0.26x | $1.20 Billion | $315.40 Million | ▼ -10.5% |
| 2009 | 0.29x | $923.81 Million | $272.25 Million | ▲ +11.4% |
| 2008 | 0.26x | $921.10 Million | $243.59 Million | ▼ -0.4% |
| 2007 | 0.27x | $845.19 Million | $224.47 Million | ▼ -17.1% |
| 2006 | 0.32x | $822.75 Million | $263.58 Million | ▼ -26.8% |
| 2005 | 0.44x | $648.08 Million | $283.48 Million | ▲ +51.0% |
| 2004 | 0.29x | $638.38 Million | $184.87 Million | ▲ +11.0% |
| 2003 | 0.26x | $698.25 Million | $182.24 Million | ▲ +64.5% |
| 2002 | 0.16x | $739.09 Million | $117.24 Million | ▼ -57.0% |
| 2001 | 0.37x | $458.94 Million | $169.30 Million | ▼ -24.2% |
| 2000 | 0.49x | $512.96 Million | $249.66 Million | ▼ -65.1% |
| 1999 | 1.39x | $307.40 Million | $428.30 Million | ▲ +17.0% |
| 1998 | 1.19x | $367.10 Million | $437.20 Million | ▼ -28.9% |
| 1997 | 1.68x | $177.50 Million | $297.50 Million | ▲ +7.1% |
| 1996 | 1.56x | $179.10 Million | $280.20 Million | ▲ +9.2% |
| 1995 | 1.43x | $180.10 Million | $258.10 Million | ▲ +6.3% |
| 1994 | 1.35x | $128.30 Million | $173.00 Million | ▲ +30.8% |
| 1993 | 1.03x | $117.00 Million | $120.60 Million | ▲ +59.1% |
| 1992 | 0.65x | $109.30 Million | $70.80 Million | ▼ -43.7% |
| 1991 | 1.15x | $35.70 Million | $41.10 Million | ▲ +95.1% |
| 1990 | 0.59x | $43.90 Million | $25.90 Million | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow