AutoZone Inc (AZO) — Cash Flow Quality Index
AutoZone Inc (AZO) has a Cash Flow Quality Index of 0.80x as of February 2026. Operating cash flow of $373.43 Million is below net income of $468.86 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore AZO long-term asset investment ratio to see how much of total assets are deployed in long-term investments.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
AutoZone Inc Cash Flow Quality Index (1990–2025)
Historical Cash Flow Quality Index for AutoZone Inc across 36 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check AZO goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for AutoZone Inc (1990–2025)
Year-by-year earnings quality comparison for AutoZone Inc. For live market cap and the full company financial profile, see AutoZone Inc (AZO) total market value.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.25x | $3.12 Billion | $2.50 Billion | ▲ +10.6% |
| 2024 | 1.13x | $3.00 Billion | $2.66 Billion | ▼ -3.0% |
| 2023 | 1.16x | $2.94 Billion | $2.53 Billion | ▼ -12.0% |
| 2022 | 1.32x | $3.21 Billion | $2.43 Billion | ▼ -18.5% |
| 2021 | 1.62x | $3.52 Billion | $2.17 Billion | ▲ +3.3% |
| 2020 | 1.57x | $2.72 Billion | $1.73 Billion | ▲ +19.3% |
| 2019 | 1.32x | $2.13 Billion | $1.62 Billion | ▼ -15.4% |
| 2018 | 1.56x | $2.08 Billion | $1.34 Billion | ▲ +26.8% |
| 2017 | 1.23x | $1.57 Billion | $1.28 Billion | ▼ -3.5% |
| 2016 | 1.27x | $1.58 Billion | $1.24 Billion | ▼ -3.3% |
| 2015 | 1.31x | $1.53 Billion | $1.16 Billion | ▲ +4.8% |
| 2014 | 1.25x | $1.34 Billion | $1.07 Billion | ▼ -9.9% |
| 2013 | 1.39x | $1.42 Billion | $1.02 Billion | ▲ +5.8% |
| 2012 | 1.32x | $1.22 Billion | $930.37 Million | ▼ -13.5% |
| 2011 | 1.52x | $1.29 Billion | $848.97 Million | ▼ -6.1% |
| 2010 | 1.62x | $1.20 Billion | $738.31 Million | ▲ +15.2% |
| 2009 | 1.41x | $923.81 Million | $657.05 Million | ▼ -2.1% |
| 2008 | 1.44x | $921.10 Million | $641.61 Million | ▲ +1.2% |
| 2007 | 1.42x | $845.19 Million | $595.67 Million | ▼ -1.8% |
| 2006 | 1.45x | $822.75 Million | $569.27 Million | ▲ +27.3% |
| 2005 | 1.13x | $648.08 Million | $571.02 Million | ▲ +0.7% |
| 2004 | 1.13x | $638.38 Million | $566.20 Million | ▼ -16.4% |
| 2003 | 1.35x | $698.25 Million | $517.60 Million | ▼ -21.9% |
| 2002 | 1.73x | $739.09 Million | $428.15 Million | ▼ -34.0% |
| 2001 | 2.61x | $458.94 Million | $175.53 Million | ▲ +36.4% |
| 2000 | 1.92x | $512.96 Million | $267.59 Million | ▲ +52.7% |
| 1999 | 1.26x | $307.40 Million | $244.80 Million | ▼ -22.0% |
| 1998 | 1.61x | $367.10 Million | $227.90 Million | ▲ +77.0% |
| 1997 | 0.91x | $177.50 Million | $195.00 Million | ▼ -15.0% |
| 1996 | 1.07x | $179.10 Million | $167.20 Million | ▼ -17.4% |
| 1995 | 1.30x | $180.10 Million | $138.80 Million | ▲ +17.7% |
| 1994 | 1.10x | $128.30 Million | $116.40 Million | ▼ -18.1% |
| 1993 | 1.35x | $117.00 Million | $86.90 Million | ▼ -22.0% |
| 1992 | 1.73x | $109.30 Million | $63.30 Million | ▲ +112.8% |
| 1991 | 0.81x | $35.70 Million | $44.00 Million | ▼ -56.9% |
| 1990 | 1.88x | $43.90 Million | $23.30 Million | — |