Stock Analysis on Net

AutoZone Inc. (NYSE:AZO)

$22.49

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

DuPont Analysis: Disaggregation of ROE, ROA, and Net Profit Margin
Quarterly Data

Microsoft Excel

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Two-Component Disaggregation of ROE

AutoZone Inc., decomposition of ROE (quarterly data)

Microsoft Excel
ROE = ROA × Financial Leverage
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 = ×

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).


Three-Component Disaggregation of ROE

AutoZone Inc., decomposition of ROE (quarterly data)

Microsoft Excel
ROE = Net Profit Margin × Asset Turnover × Financial Leverage
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 = × ×

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).


Two-Component Disaggregation of ROA

AutoZone Inc., decomposition of ROA (quarterly data)

Microsoft Excel
ROA = Net Profit Margin × Asset Turnover
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 = ×

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).

The primary reason for the increase in return on assets ratio (ROA) over Q1 2024 is the increase in profitability measured by net profit margin ratio.