TTM
18.0%
YoY change
−1.43pp
Trough year (1990)
7.3%
Peak year (2024)
20.5%
Latest annual
19.1%
Operating Margin history chart for AutoZone (AZO) from 1990 to 2025
Latest: 19.1%
Operating Margin change chart for AutoZone (AZO) from 1990 to 2025
Latest: −1.43pp
Operating Margin history table for AutoZone (AZO) from 1990 to 2025
| 2025 | 19.1% | -1.43pp | ||
| 2024 | 20.5% | +0.59pp | ||
| 2023 | 19.9% | -0.22pp | ||
| 2022 | 20.1% | -0.00pp | ||
| 2021 | 20.1% | +0.99pp | ||
| 2020 | 19.1% | +0.46pp | ||
| 2019 | 18.7% | +2.54pp | ||
| 2018 | 16.1% | -2.97pp | ||
| 2017 | 19.1% | -0.27pp | ||
| 2016 | 19.4% | +0.20pp | ||
| 2015 | 19.2% | -0.14pp | ||
| 2014 | 19.3% | -0.07pp | ||
| 2013 | 19.4% | +0.45pp | ||
| 2012 | 18.9% | +0.42pp | ||
| 2011 | 18.5% | +0.60pp | ||
| 2010 | 17.9% | +0.67pp | ||
| 2009 | 17.3% | +0.02pp | ||
| 2008 | 17.2% | +0.13pp | ||
| 2007 | 17.1% | +0.13pp | ||
| 2006 | 17.0% | -0.11pp | ||
| 2005 | 17.1% | -0.63pp | ||
| 2004 | 17.7% | +0.90pp | ||
| 2003 | 16.8% | +2.34pp | ||
| 2002 | 14.5% | +6.43pp | ||
| 2001 | 8.0% | -3.38pp | ||
| 2000 | 11.4% | +0.90pp | ||
| 1999 | 10.5% | -1.27pp | ||
| 1998 | 11.8% | -0.15pp | ||
| 1997 | 11.9% | -0.05pp | ||
| 1996 | 12.0% | -0.60pp | ||
| 1995 | 12.6% | -0.05pp | ||
| 1994 | 12.6% | +1.07pp | ||
| 1993 | 11.6% | +1.24pp | ||
| 1992 | 10.3% | +0.64pp | ||
| 1991 | 9.7% | +2.35pp | ||
| 1990 | 7.3% | — |
- 202519.1%-1.43pp
- 202420.5%+0.59pp
- 202319.9%-0.22pp
- 202220.1%-0.00pp
- 202120.1%+0.99pp
- 202019.1%+0.46pp
- 201918.7%+2.54pp
- 201816.1%-2.97pp
- 201719.1%-0.27pp
- 201619.4%+0.20pp
- 201519.2%-0.14pp
- 201419.3%-0.07pp
- 201319.4%+0.45pp
- 201218.9%+0.42pp
- 201118.5%+0.60pp
- 201017.9%+0.67pp
- 200917.3%+0.02pp
- 200817.2%+0.13pp
- 200717.1%+0.13pp
- 200617.0%-0.11pp
- 200517.1%-0.63pp
- 200417.7%+0.90pp
- 200316.8%+2.34pp
- 200214.5%+6.43pp
- 20018.0%-3.38pp
- 200011.4%+0.90pp
- 199910.5%-1.27pp
- 199811.8%-0.15pp
- 199711.9%-0.05pp
- 199612.0%-0.60pp
- 199512.6%-0.05pp
- 199412.6%+1.07pp
- 199311.6%+1.24pp
- 199210.3%+0.64pp
- 19919.7%+2.35pp
- 19907.3%—
Operating Margin values are taken from AutoZone's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Operating Margin at AutoZone (AZO)
According to AutoZone's latest reported financial statements, the company's latest reported operating margin is 18.0%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
In 2025, AutoZone (AZO) operating margin totalled 19.06% – contracted 1.4 percentage points year-over-year.
2024 marks the peak operating margin at 20.49%, with the historical low of 7.34% recorded in 1990.
AutoZone Operating Margin by Year
AutoZone Operating Margin 2025: 19.1%
AutoZone posted operating margin of 19.06% in 2025, contracted 1.4 percentage points from 2024.
AutoZone Operating Margin 2024: 20.5%
In 2024, AutoZone reported operating margin of 20.49%, expanded 0.6 percentage points from 2023. This figure represents the highest annual value in the available history.
AutoZone Operating Margin 2023: 19.9%
AutoZone operating margin in 2023 was 19.90%, contracted 0.2 percentage points from 2022.
AutoZone Operating Margin 2022: 20.1%
2022's operating margin for AutoZone came in at 20.12%, contracted 0.0 percentage points from 2021.
AutoZone Operating Margin 2021: 20.1%
AutoZone operating margin in 2021 was 20.13%.
See more financial history for AutoZone (AZO).
Sector peers by Operating Margin
Consumer Cyclical peers of AutoZone (AZO), ranked by their latest operating margin
| 46.0% | |
| 34.3% | |
| 22.2% | |
| 12.4% | |
| 12.4% | |
| 11.5% | |
| 5.8% | |
| 5.0% |
- 46.0%
- 22.2%
- 12.4%
- 12.4%
- 11.5%
- 5.8%
- 5.0%
Frequently asked questions
AutoZone (AZO) Key Financials
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