AutoZone, Inc. (AZO) Stock Analysis

Over the past 10 years, AutoZone (AZO) earnings per share (EPS) grew 14.2% a year, revenue grew 6.7% a year and free cash flow declined 10.0% a year, with an average return on invested capital (ROIC) of 31.7%. AZO stock trades at $3,089.94, a P/E of 19.8, in line with its historical average of 20.7. Analysts' average 12-month price target is $3,600.25 (+16.5%).

AZO AutoZone, Inc.

AutoZone, Inc. operates as a leading retailer and distributor specializing in automotive replacement parts and accessories. The company's comprehensive inventory caters to a diverse range of vehicles, including cars, sport utility vehicles, vans, and light trucks.

Market Cap$50.44B Current P/E19.8 52wk High$4,040.00 52wk Low$2,730.65

Current Price $3,089.94
Margin of Safety Price

Exhibit A Growth Dossier

πŸ”’
Metric10yr5yr1yrGrade
Book Value/Share GrowthBV/S Improving, but still negative -15.3%-17.6%25.3% F
EPS GrowthEPS 14.2%9.8%4.9% B
Revenue GrowthRevenue 6.7%6.8%7.4% C+
Cash Flow GrowthCash Flow -10.0%-20.0%-37.3% F
ROICROIC 31.7%31.8%24.7% A+

Exhibit B Valuation Ledger

πŸ”’
Current EPS
$156.11
Historical Avg P/E
20.7
Future P/E (used for sticker price)
Projected EPS (10yr)
Sticker Price (10yr)
Price for 15% Annual Return
Expected Annual Return
πŸ”’ The verdict is locked. Overall growth grade, valuation grade, Composite Score, margin-of-safety price, sticker price, and price target.
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Not investment advice β€” a structured read of historical fundamentals, not a forecast or recommendation. Always do your own research.


Exhibit C Raw Data (last 10 years)

MetricTrend20162017201820192020202120222023202420252026TTM
Book Value / ShareBV/S-$58.63-$49.14-$55.44-$67.22-$36.44-$78.84-$170.69-$227.71-$266.79-$197.99-$148.38-$165.24
Basic EPSEPS$41.52$45.05$49.59$64.78$73.62$97.60$120.83$136.60$153.82$148.80$156.11$149.14
RevenueRevenue$10,635,676,000$10,888,676,000$11,221,077,000$11,863,743,000$12,631,967,000$14,629,585,000$16,252,230,000$17,457,209,000$18,490,268,000$18,938,717,000$20,338,555,000$19,986,404,000
Free Cash FlowCash Flow$1,088,538,000$1,016,780,000$1,558,045,000$1,632,463,000$2,262,372,000$2,896,776,000$2,538,744,000$2,144,131,000$1,931,420,000$1,790,080,000$0$1,633,222,000
ROIC (%)ROIC33.8%30.5%33.9%39.7%22.4%31.1%36.7%35.5%34.2%28.1%24.7%β€”

The exact underlying data used to compute the growth rates and grades above. The highlighted TTM column is the trailing twelve months through the most recently reported quarter.


Ticker INVESTigator Price Target


Analyst Data

Price Target

Where the stock trades today vs. the range of 12-month price targets from covering analysts.

Current Price$3,089.94
High$4,230.00+36.9%
Average$3,600.25+16.5%
Low$3,000.00-2.9%

45 firms rate it β€” 1 strong buy, 32 buy, 12 hold · Most recent Sep 2026

update
Bernstein9/29/2026
$3,698.00
lowered
UBS9/23/2026
$4,230.00
lowered
Raymond James9/23/2026
$4,000.00β†’$3,700.00
lowered
BMO Capital9/23/2026
$4,000.00β†’$3,500.00
lowered
Roth Capital9/23/2026
$4,023.00β†’$3,850.00

AZO Stock FAQ

Is AZO stock undervalued?

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What is AZO's stock price target?

The average 12-month analyst price target for AZO is $3,600.25, with a range of $3,000.00 to $4,230.00. That is +16.5% from the current price of $3,089.94.

Do analysts rate AZO a buy?

Most rate it a buy. Of 45 firms covering AutoZone, the ratings are 33 buy or strong buy, 12 hold and 0 sell or strong sell.

How fast is AutoZone growing?

Annual growth rates for AZO. EPS: 14.2% over 10 years, 9.8% over 5 years, 4.9% over 1 year. Revenue: 6.7% over 10 years, 6.8% over 5 years, 7.4% over 1 year. Free cash flow: -10.0% over 10 years, -20.0% over 5 years, -37.3% over 1 year. Book value per share: -15.3% over 10 years, -17.6% over 5 years, 25.3% over 1 year.

What is AZO's ROIC?

AutoZone's return on invested capital (ROIC) was 24.7% in fiscal 2026. Its 10-year average ROIC is 31.7%. ROIC above 10% is generally a sign of a business with a durable competitive advantage.

What is AZO's P/E ratio?

AZO's current P/E ratio is 19.8, compared with a historical average of 20.7. Trailing earnings per share are $156.11.

What is AutoZone's market cap and stock price?

AZO last traded at $3,089.94 as of October 19, 2026. Its 52-week range is $2,730.65 to $4,040.00. AutoZone has a market cap of $50.44B.


Exhibit D Related Coverage


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Data as of October 19, 2026. Findings are derived from historical fundamentals β€” not a forecast, not advice. Cross-examine before you invest.

Grades are produced by Ticker INVESTigator's own model from public financial data and are for informational and educational purposes only. They are not investment advice or a recommendation to buy or sell any security. Do your own research.