AutoZone Inc (AZO) — Cash Flow-to-Debt Ratio
AutoZone Inc (AZO) has a Cash Flow-to-Debt Ratio of 0.03x as of May 2026, meaning its operating cash flow of $801.99 Million could theoretically repay 0% of its total liabilities ($23.70 Billion) in one year. See AZO financial flexibility index to measure the company's free cash flow as a share of total liabilities.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
AutoZone Inc Cash Flow-to-Debt Ratio (1990–2025)
Historical debt coverage capacity for AutoZone Inc across 36 annual periods. For the full cash flow conversion analysis, see cash efficiency ratio of AutoZone Inc.
Annual Cash Flow-to-Debt Ratio for AutoZone Inc (1990–2025)
Year-by-year debt coverage analysis for AutoZone Inc. Check AutoZone Inc (AZO) cash earnings ratio to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.14x | $3.12 Billion | $22.77 Billion | ▼ -0.1% |
| 2024 | 0.14x | $3.00 Billion | $21.93 Billion | ▼ -5.3% |
| 2023 | 0.14x | $2.94 Billion | $20.34 Billion | ▼ -15.3% |
| 2022 | 0.17x | $3.21 Billion | $18.81 Billion | ▼ -20.9% |
| 2021 | 0.22x | $3.52 Billion | $16.31 Billion | ▲ +21.3% |
| 2020 | 0.18x | $2.72 Billion | $15.30 Billion | ▼ -3.0% |
| 2019 | 0.18x | $2.13 Billion | $11.61 Billion | ▼ -4.2% |
| 2018 | 0.19x | $2.08 Billion | $10.87 Billion | ▲ +30.3% |
| 2017 | 0.15x | $1.57 Billion | $10.69 Billion | ▼ -3.2% |
| 2016 | 0.15x | $1.58 Billion | $10.39 Billion | ▼ -2.4% |
| 2015 | 0.16x | $1.53 Billion | $9.80 Billion | ▲ +5.8% |
| 2014 | 0.15x | $1.34 Billion | $9.12 Billion | ▼ -10.8% |
| 2013 | 0.16x | $1.42 Billion | $8.58 Billion | ▲ +5.3% |
| 2012 | 0.16x | $1.22 Billion | $7.81 Billion | ▼ -13.6% |
| 2011 | 0.18x | $1.29 Billion | $7.12 Billion | ▼ -4.4% |
| 2010 | 0.19x | $1.20 Billion | $6.31 Billion | ▲ +18.0% |
| 2009 | 0.16x | $923.81 Million | $5.75 Billion | ▼ -12.3% |
| 2008 | 0.18x | $921.10 Million | $5.03 Billion | ▼ -4.6% |
| 2007 | 0.19x | $845.19 Million | $4.40 Billion | ▼ -5.3% |
| 2006 | 0.20x | $822.75 Million | $4.06 Billion | ▲ +20.6% |
| 2005 | 0.17x | $648.08 Million | $3.85 Billion | ▼ -1.5% |
| 2004 | 0.17x | $638.38 Million | $3.74 Billion | ▼ -17.1% |
| 2003 | 0.21x | $698.25 Million | $3.39 Billion | ▼ -22.4% |
| 2002 | 0.27x | $739.09 Million | $2.79 Billion | ▲ +48.2% |
| 2001 | 0.18x | $458.94 Million | $2.57 Billion | ▼ -18.4% |
| 2000 | 0.22x | $512.96 Million | $2.34 Billion | ▲ +39.8% |
| 1999 | 0.16x | $307.40 Million | $1.96 Billion | ▼ -38.3% |
| 1998 | 0.25x | $367.10 Million | $1.45 Billion | ▲ +15.7% |
| 1997 | 0.22x | $177.50 Million | $808.80 Million | ▼ -22.5% |
| 1996 | 0.28x | $179.10 Million | $632.80 Million | ▼ -32.9% |
| 1995 | 0.42x | $180.10 Million | $427.10 Million | ▲ +16.2% |
| 1994 | 0.36x | $128.30 Million | $353.70 Million | ▼ -7.0% |
| 1993 | 0.39x | $117.00 Million | $299.90 Million | ▼ -21.5% |
| 1992 | 0.50x | $109.30 Million | $220.00 Million | ▲ +164.8% |
| 1991 | 0.19x | $35.70 Million | $190.30 Million | ▲ +4.2% |
| 1990 | 0.18x | $43.90 Million | $243.80 Million | — |