Stock Analysis on Net
Stock Analysis on Net

AutoZone Inc. (NYSE:AZO)

This company has been moved to the archive! The financial data has not been updated since December 18, 2023.

Common-Size Income Statement 
Quarterly Data

AutoZone Inc., common-size consolidated income statement (quarterly data)

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3 months ended: Nov 18, 2023 Aug 26, 2023 May 6, 2023 Feb 11, 2023 Nov 19, 2022 Aug 27, 2022 May 7, 2022 Feb 12, 2022 Nov 20, 2021 Aug 28, 2021 May 8, 2021 Feb 13, 2021 Nov 21, 2020 Aug 29, 2020 May 9, 2020 Feb 15, 2020 Nov 23, 2019 Aug 31, 2019 May 4, 2019 Feb 9, 2019 Nov 17, 2018 Aug 25, 2018 May 5, 2018 Feb 10, 2018 Nov 18, 2017
Net sales 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00
Cost of sales, including warehouse and delivery expenses -47.16 -47.29 -47.53 -47.71 -49.95 -48.47 -48.09 -47.02 -47.53 -47.74 -47.55 -46.43 -46.88 -46.92 -46.37 -45.65 -46.26 -46.59 -46.39 -45.93 -46.34 -46.39 -46.51 -47.08 -47.25
Gross profit 52.84% 52.71% 52.47% 52.29% 50.05% 51.53% 51.91% 52.98% 52.47% 52.26% 52.45% 53.57% 53.12% 53.08% 53.63% 54.35% 53.74% 53.41% 53.61% 54.07% 53.66% 53.61% 53.49% 52.92% 52.75%
Operating, selling, general and administrative expenses -32.59 -31.23 -31.48 -34.14 -31.91 -30.89 -31.58 -34.38 -31.91 -31.01 -30.44 -37.02 -33.62 -30.68 -35.94 -38.12 -35.84 -33.84 -33.94 -37.75 -35.19 -37.00 -32.98 -44.42 -34.65
Operating profit 20.25% 21.48% 20.99% 18.15% 18.14% 20.64% 20.33% 18.60% 20.56% 21.25% 22.01% 16.55% 19.50% 22.39% 17.69% 16.23% 17.90% 19.58% 19.67% 16.32% 18.47% 16.61% 20.52% 8.50% 18.10%
Interest expense, net -2.18 -1.91 -1.82 -1.78 -1.45 -1.20 -1.08 -1.26 -1.18 -1.18 -1.23 -1.58 -1.46 -1.44 -1.71 -1.76 -1.57 -1.53 -1.55 -1.69 -1.48 -1.53 -1.58 -1.63 -1.50
Income before income taxes 18.07% 19.57% 19.17% 16.37% 16.70% 19.44% 19.24% 17.34% 19.38% 20.07% 20.77% 14.97% 18.04% 20.95% 15.98% 14.47% 16.34% 18.04% 18.12% 14.64% 16.99% 15.09% 18.94% 6.87% 16.60%
Income tax expense -3.91 -4.37 -3.34 -3.46 -3.16 -4.30 -3.91 -3.34 -4.25 -4.07 -4.45 -3.09 -4.01 -4.66 -3.65 -2.56 -3.79 -3.87 -3.53 -2.61 -3.69 -3.84 -5.15 5.13 -5.75
Net income 14.16% 15.20% 15.83% 12.91% 13.53% 15.15% 15.33% 14.00% 15.13% 15.99% 16.33% 11.88% 14.03% 16.29% 12.34% 11.91% 12.54% 14.17% 14.59% 12.02% 13.30% 11.25% 13.79% 12.00% 10.85%

Based on: 10-Q (reporting date: 2023-11-18), 10-K (reporting date: 2023-08-26), 10-Q (reporting date: 2023-05-06), 10-Q (reporting date: 2023-02-11), 10-Q (reporting date: 2022-11-19), 10-K (reporting date: 2022-08-27), 10-Q (reporting date: 2022-05-07), 10-Q (reporting date: 2022-02-12), 10-Q (reporting date: 2021-11-20), 10-K (reporting date: 2021-08-28), 10-Q (reporting date: 2021-05-08), 10-Q (reporting date: 2021-02-13), 10-Q (reporting date: 2020-11-21), 10-K (reporting date: 2020-08-29), 10-Q (reporting date: 2020-05-09), 10-Q (reporting date: 2020-02-15), 10-Q (reporting date: 2019-11-23), 10-K (reporting date: 2019-08-31), 10-Q (reporting date: 2019-05-04), 10-Q (reporting date: 2019-02-09), 10-Q (reporting date: 2018-11-17), 10-K (reporting date: 2018-08-25), 10-Q (reporting date: 2018-05-05), 10-Q (reporting date: 2018-02-10), 10-Q (reporting date: 2017-11-18).

Income statement item Description The company
Operating profit The net result for the period of deducting operating expenses from operating revenues. AutoZone Inc. operating profit as a percentage of net sales increased from Q3 2023 to Q4 2023 but then decreased significantly from Q4 2023 to Q1 2024.
Income before income taxes Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. AutoZone Inc. income before income taxes as a percentage of net sales increased from Q3 2023 to Q4 2023 but then decreased significantly from Q4 2023 to Q1 2024.
Net income The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. AutoZone Inc. net income as a percentage of net sales decreased from Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024.