AutoZone Inc
AutoZone, Inc. operates as a retailer and distributor of automotive replacement parts and accessories in the United States, Mexico, and Brazil. The company offers a product line for cars, sport utility vehicles, vans, and light duty trucks, including new and remanufactured automotive hard parts, maintenance items, accessories, and non-automotive products. It also provides A/C compressors, batteri… Read more
AutoZone Inc (AZO) - Net Assets
Latest net assets as of November 2025: $-3.23 Billion USD
Based on the latest financial reports, AutoZone Inc (AZO) has net assets worth $-3.23 Billion USD as of November 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($19.67 Billion) and total liabilities ($22.89 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-3.23 Billion |
| % of Total Assets | -16.42% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 84.74 |
AutoZone Inc - Net Assets Trend (1990–2025)
This chart illustrates how AutoZone Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for AutoZone Inc (1990–2025)
The table below shows the annual net assets of AutoZone Inc from 1990 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-08-31 | $-3.41 Billion | +28.11% |
| 2024-08-31 | $-4.75 Billion | -9.19% |
| 2023-08-31 | $-4.35 Billion | -22.92% |
| 2022-08-31 | $-3.54 Billion | -96.88% |
| 2021-08-31 | $-1.80 Billion | -104.74% |
| 2020-08-31 | $-877.98 Million | +48.77% |
| 2019-08-31 | $-1.71 Billion | -12.73% |
| 2018-08-31 | $-1.52 Billion | -6.44% |
| 2017-08-31 | $-1.43 Billion | +20.09% |
| 2016-08-31 | $-1.79 Billion | -5.36% |
| 2015-08-31 | $-1.70 Billion | -5.96% |
| 2014-08-31 | $-1.60 Billion | +5.11% |
| 2013-08-31 | $-1.69 Billion | -9.00% |
| 2012-08-31 | $-1.55 Billion | -23.42% |
| 2011-08-31 | $-1.25 Billion | -69.77% |
| 2010-08-31 | $-738.76 Million | -70.59% |
| 2009-08-31 | $-433.07 Million | -288.55% |
| 2008-08-31 | $229.69 Million | -43.03% |
| 2007-08-31 | $403.20 Million | -14.13% |
| 2006-08-31 | $469.53 Million | +20.08% |
| 2005-08-31 | $391.01 Million | +128.13% |
| 2004-08-31 | $171.39 Million | -54.14% |
| 2003-08-31 | $373.76 Million | -45.76% |
| 2002-08-31 | $689.13 Million | -20.44% |
| 2001-08-31 | $866.21 Million | -12.70% |
| 2000-08-31 | $992.18 Million | -25.05% |
| 1999-08-31 | $1.32 Billion | +1.67% |
| 1998-08-31 | $1.30 Billion | +21.10% |
| 1997-08-31 | $1.08 Billion | +24.21% |
| 1996-08-31 | $865.60 Million | +26.42% |
| 1995-08-31 | $684.70 Million | +29.58% |
| 1994-08-31 | $528.40 Million | +33.23% |
| 1993-08-31 | $396.60 Million | +40.59% |
| 1992-08-31 | $282.10 Million | +35.23% |
| 1991-08-31 | $208.60 Million | +146.57% |
| 1990-08-31 | $84.60 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to AutoZone Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 9726.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (August 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $169.00K | % |
| Other Comprehensive Income | $-285.01 Million | % |
| Other Components | $846.38 Million | % |
| Total Equity | $-3.41 Billion | 100.00% |
AutoZone Inc Competitors by Market Cap
The table below lists competitors of AutoZone Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Snowflake Inc.
NYSE:SNOW
|
$57.88 Billion |
|
Canadian National Railway Company
NYSE:CNI
|
$58.49 Billion |
|
National Australia Bank Ltd
PINK:NAUBF
|
$58.68 Billion |
|
Rheinmetall AG
PINK:RNMBF
|
$58.68 Billion |
|
Manulife Financial Corp
NYSE:MFC
|
$57.10 Billion |
|
Sempra Energy
NYSE:SRE
|
$57.10 Billion |
|
AB Volvo (publ)
PINK:VOLAF
|
$57.01 Billion |
|
ITOCHU Corporation
PINK:ITOCF
|
$56.96 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in AutoZone Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -4,749,614,000 to -3,414,313,000, a change of 1,335,301,000.
- Net income of 2,498,247,000 contributed positively to equity growth.
- Share repurchases of 1,578,186,000 reduced equity.
- New share issuances of 172,297,000 increased equity.
- Other comprehensive income increased equity by 76,608,000.
- Other factors increased equity by 166,335,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $2.50 Billion | +73.17% |
| Share Repurchases | $1.58 Billion | -46.22% |
| Share Issuances | $172.30 Million | +5.05% |
| Other Comprehensive Income | $76.61 Million | +2.24% |
| Other Changes | $166.34 Million | +4.87% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares AutoZone Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1990-08-31 | $0.69 | $3488.88 | x |
| 1991-08-31 | $1.56 | $3488.88 | x |
| 1992-08-31 | $1.92 | $3488.88 | x |
| 1993-08-31 | $2.69 | $3488.88 | x |
| 1994-08-31 | $3.54 | $3488.88 | x |
| 1995-08-31 | $4.59 | $3488.88 | x |
| 1996-08-31 | $5.75 | $3488.88 | x |
| 1997-08-31 | $7.06 | $3488.88 | x |
| 1998-08-31 | $8.46 | $3488.88 | x |
| 1999-08-31 | $8.81 | $3488.88 | x |
| 2000-08-31 | $7.20 | $3488.88 | x |
| 2001-08-31 | $7.61 | $3488.88 | x |
| 2002-08-31 | $6.43 | $3488.88 | x |
| 2003-08-31 | $3.84 | $3488.88 | x |
| 2004-08-31 | $1.98 | $3488.88 | x |
| 2005-08-31 | $4.92 | $3488.88 | x |
| 2006-08-31 | $6.19 | $3488.88 | x |
| 2007-08-31 | $5.77 | $3488.88 | x |
| 2008-08-31 | $3.60 | $3488.88 | x |
| 2009-08-31 | $-7.73 | $3488.88 | x |
| 2010-08-31 | $-14.98 | $3488.88 | x |
| 2011-08-31 | $-28.76 | $3488.88 | x |
| 2012-08-31 | $-39.07 | $3488.88 | x |
| 2013-08-31 | $-46.13 | $3488.88 | x |
| 2014-08-31 | $-47.87 | $3488.88 | x |
| 2015-08-31 | $-52.83 | $3488.88 | x |
| 2016-08-31 | $-58.63 | $3488.88 | x |
| 2017-08-31 | $-49.14 | $3488.88 | x |
| 2018-08-31 | $-55.44 | $3488.88 | x |
| 2019-08-31 | $-67.22 | $3488.88 | x |
| 2020-08-31 | $-36.44 | $3488.88 | x |
| 2021-08-31 | $-78.84 | $3488.88 | x |
| 2022-08-31 | $-170.69 | $3488.88 | x |
| 2023-08-31 | $-227.71 | $3488.88 | x |
| 2024-08-31 | $-266.79 | $3488.88 | x |
| 2025-08-31 | $-197.99 | $3488.88 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently AutoZone Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.19%
- • Asset Turnover: 0.98x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (41.15%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1990 | 27.54% | 3.47% | 2.05x | 3.88x | $14.84 Million |
| 1991 | 21.09% | 5.38% | 2.05x | 1.91x | $23.14 Million |
| 1992 | 22.44% | 6.32% | 2.00x | 1.78x | $35.09 Million |
| 1993 | 21.91% | 7.14% | 1.75x | 1.76x | $47.24 Million |
| 1994 | 22.03% | 7.72% | 1.71x | 1.67x | $63.56 Million |
| 1995 | 20.27% | 7.68% | 1.63x | 1.62x | $70.33 Million |
| 1996 | 19.32% | 7.46% | 1.50x | 1.73x | $80.64 Million |
| 1997 | 18.14% | 7.25% | 1.43x | 1.75x | $87.48 Million |
| 1998 | 17.50% | 7.03% | 1.18x | 2.11x | $97.69 Million |
| 1999 | 18.49% | 5.95% | 1.25x | 2.48x | $112.42 Million |
| 2000 | 26.97% | 5.97% | 1.34x | 3.36x | $168.37 Million |
| 2001 | 20.26% | 3.64% | 1.40x | 3.96x | $88.90 Million |
| 2002 | 62.13% | 8.04% | 1.53x | 5.05x | $359.24 Million |
| 2003 | 138.49% | 9.48% | 1.45x | 10.08x | $480.23 Million |
| 2004 | 330.35% | 10.04% | 1.44x | 22.83x | $549.06 Million |
| 2005 | 146.04% | 10.00% | 1.35x | 10.86x | $531.92 Million |
| 2006 | 121.24% | 9.57% | 1.31x | 9.64x | $522.32 Million |
| 2007 | 147.74% | 9.65% | 1.28x | 11.92x | $555.35 Million |
| 2008 | 279.34% | 9.84% | 1.24x | 22.89x | $618.64 Million |
| 2009 | 0.00% | 9.64% | 1.28x | 0.00x | $700.36 Million |
| 2010 | 0.00% | 10.03% | 1.32x | 0.00x | $812.19 Million |
| 2011 | 0.00% | 10.52% | 1.38x | 0.00x | $974.40 Million |
| 2012 | 0.00% | 10.81% | 1.37x | 0.00x | $1.09 Billion |
| 2013 | 0.00% | 11.11% | 1.33x | 0.00x | $1.19 Billion |
| 2014 | 0.00% | 11.29% | 1.26x | 0.00x | $1.23 Billion |
| 2015 | 0.00% | 11.39% | 1.26x | 0.00x | $1.33 Billion |
| 2016 | 0.00% | 11.67% | 1.24x | 0.00x | $1.42 Billion |
| 2017 | 0.00% | 11.76% | 1.18x | 0.00x | $1.42 Billion |
| 2018 | 0.00% | 11.92% | 1.20x | 0.00x | $1.49 Billion |
| 2019 | 0.00% | 13.63% | 1.20x | 0.00x | $1.79 Billion |
| 2020 | 0.00% | 13.72% | 0.88x | 0.00x | $1.82 Billion |
| 2021 | 0.00% | 14.84% | 1.01x | 0.00x | $2.35 Billion |
| 2022 | 0.00% | 14.95% | 1.06x | 0.00x | $2.78 Billion |
| 2023 | 0.00% | 14.48% | 1.09x | 0.00x | $2.96 Billion |
| 2024 | 0.00% | 14.40% | 1.08x | 0.00x | $3.14 Billion |
| 2025 | 0.00% | 13.19% | 0.98x | 0.00x | $2.84 Billion |
Industry Comparison
This section compares AutoZone Inc's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $103,481,752,622
- Average return on equity (ROE) among peers: 15.33%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| AutoZone Inc (AZO) | $-3.23 Billion | 27.54% | N/A | $57.62 Billion |
| Altisource Asset Management Corporation (AAMCF) | $-89.89 Million | 0.00% | 0.00x | $94.00 |
| Advance Auto Parts Inc (AAP) | $2.00 Billion | 24.66% | 2.98x | $3.18 Billion |
| AB Dynamics plc (ABDDF) | $17.52 Million | 22.12% | 0.22x | $390.81 Million |
| Adient PLC (ADNT) | $2.60 Billion | 7.88% | 2.62x | $1.54 Billion |
| Agristar Inc (AGRS) | $687.77K | -63.01% | 1.48x | $96.09 |
| Akebono Brake Industry Co. Ltd (AKBIF) | $53.88 Billion | 46.13% | 1.76x | $73.29 Million |
| Allison Transmission Holdings Inc (ALSN) | $689.00 Million | 73.15% | 5.10x | $9.85 Billion |
| Autoliv Inc (ALV) | $2.40 Billion | 11.99% | 1.21x | $7.72 Billion |
| Aptiv PLC (APTV) | $4.01 Billion | 24.68% | 2.36x | $15.08 Billion |
| Aisin Seiki Co Ltd (ASEKY) | $969.31 Billion | 5.73% | 1.14x | $5.03 Billion |