AutoZone Inc (AZO) — Cash Flow Reinvestment Rate
AutoZone Inc (AZO) has a Cash Flow Reinvestment Rate of 0.93x as of February 2026, reinvesting $349.07 Million (capex $336.71 Million plus investments $-12.35 Million) from operating cash flow of $373.43 Million. Check AutoZone Inc earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
AutoZone Inc Cash Flow Reinvestment Rate (1990–2025)
Historical reinvestment intensity for AutoZone Inc across 36 annual periods. Explore AutoZone Inc long-term investment allocation to see how much of total assets are deployed in long-term investments.
Annual Cash Flow Reinvestment Rate for AutoZone Inc (1990–2025)
Year-by-year capital reinvestment analysis for AutoZone Inc. For live market cap and broader valuation context, see AZO market cap.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.88x | $2.73 Billion | $3.12 Billion | $1.33 Billion | ▲ +11.4% |
| 2024 | 0.79x | $2.36 Billion | $3.00 Billion | $1.07 Billion | ▲ +38.1% |
| 2023 | 0.57x | $1.67 Billion | $2.94 Billion | $796.66 Million | ▲ +170.8% |
| 2022 | 0.21x | $674.55 Million | $3.21 Billion | $672.39 Million | ▲ +17.0% |
| 2021 | 0.18x | $631.76 Million | $3.52 Billion | $621.77 Million | ▲ +5.2% |
| 2020 | 0.17x | $464.45 Million | $2.72 Billion | $457.74 Million | ▼ -27.1% |
| 2019 | 0.23x | $498.45 Million | $2.13 Billion | $496.05 Million | ▼ -12.6% |
| 2018 | 0.27x | $557.14 Million | $2.08 Billion | $522.25 Million | ▼ -24.4% |
| 2017 | 0.35x | $556.55 Million | $1.57 Billion | $553.83 Million | ▲ +12.1% |
| 2016 | 0.32x | $498.49 Million | $1.58 Billion | $488.79 Million | ▼ -0.4% |
| 2015 | 0.32x | $483.91 Million | $1.53 Billion | $480.58 Million | ▼ -5.9% |
| 2014 | 0.34x | $452.17 Million | $1.34 Billion | $449.23 Million | ▲ +13.3% |
| 2013 | 0.30x | $420.98 Million | $1.42 Billion | $414.45 Million | ▼ -4.5% |
| 2012 | 0.31x | $381.33 Million | $1.22 Billion | $378.05 Million | ▲ +230.6% |
| 2011 | 0.09x | $121.71 Million | $1.29 Billion | $121.02 Million | ▼ -64.7% |
| 2010 | 0.27x | $318.94 Million | $1.20 Billion | $315.40 Million | ▼ -9.5% |
| 2009 | 0.29x | $272.25 Million | $923.81 Million | $272.25 Million | ▲ +11.4% |
| 2008 | 0.26x | $243.59 Million | $921.10 Million | $243.59 Million | ▼ -0.4% |
| 2007 | 0.27x | $224.47 Million | $845.19 Million | $224.47 Million | ▼ -17.1% |
| 2006 | 0.32x | $263.58 Million | $822.75 Million | $263.58 Million | ▼ -26.8% |
| 2005 | 0.44x | $283.48 Million | $648.08 Million | $283.48 Million | ▲ +51.0% |
| 2004 | 0.29x | $184.87 Million | $638.38 Million | $184.87 Million | ▲ +11.0% |
| 2003 | 0.26x | $182.24 Million | $698.25 Million | $182.24 Million | ▲ +64.5% |
| 2002 | 0.16x | $117.24 Million | $739.09 Million | $117.24 Million | ▼ -57.0% |
| 2001 | 0.37x | $169.30 Million | $458.94 Million | $169.30 Million | ▼ -24.2% |
| 2000 | 0.49x | $249.66 Million | $512.96 Million | $249.66 Million | ▼ -65.1% |
| 1999 | 1.39x | $428.30 Million | $307.40 Million | $428.30 Million | ▲ +17.0% |
| 1998 | 1.19x | $437.20 Million | $367.10 Million | $437.20 Million | ▼ -28.9% |
| 1997 | 1.68x | $297.50 Million | $177.50 Million | $297.50 Million | ▲ +7.1% |
| 1996 | 1.56x | $280.20 Million | $179.10 Million | $280.20 Million | ▲ +9.2% |
| 1995 | 1.43x | $258.10 Million | $180.10 Million | $258.10 Million | ▲ +6.3% |
| 1994 | 1.35x | $173.00 Million | $128.30 Million | $173.00 Million | ▲ +30.8% |
| 1993 | 1.03x | $120.60 Million | $117.00 Million | $120.60 Million | ▲ +59.1% |
| 1992 | 0.65x | $70.80 Million | $109.30 Million | $70.80 Million | ▼ -43.7% |
| 1991 | 1.15x | $41.10 Million | $35.70 Million | $41.10 Million | ▲ +95.1% |
| 1990 | 0.59x | $25.90 Million | $43.90 Million | $25.90 Million | — |