Question 1

What is AutoZone's P/S ratio?

Accepted Answer

AutoZone (AZO) P/S ratio is 2.5× as of July 22, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month revenue, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/S ratio calculated?

Accepted Answer

P/S = Market Capitalisation ÷ Trailing Twelve-Month (TTM) Revenue, or equivalently Share Price ÷ TTM Revenue Per Share. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/S ratio?

Accepted Answer

The price-to-sales (P/S) ratio compares a company's market capitalisation to its trailing twelve-month (TTM) revenue. It is calculated as market cap ÷ TTM revenue (equivalent to share price ÷ TTM revenue per share). Because the denominator (revenue) cannot be negative, P/S is widely used to value unprofitable or pre-profit companies and to make cross-sector comparisons.

Question 4

What is a good P/S ratio for AutoZone?

Accepted Answer

A "good" P/S depends heavily on profit margin and growth: software and other high-margin businesses often command 5–15× sales, while low-margin retailers and commodity producers typically trade below 1×. Compare against sector peers rather than absolute thresholds. For AutoZone specifically, the relevant sector benchmark is the current sector median of 1.8×.

Question 5

Is AutoZone's P/S ratio high or low?

Accepted Answer

AutoZone's P/S ratio of 2.5× is below its own 5-year average of 2.9× and above the sector median of 1.8×. That places the current reading at the 2th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is AutoZone's historical P/S ratio range?

Accepted Answer

In the available daily series, AutoZone (AZO) P/S ratio has ranged from a low of 0.8× in 2008 to a high of 4.0× in 2025. The 5-year average is 2.9× and the 5-year median is 2.8×.

Question 7

What was AutoZone's P/S ratio in 2025?

Accepted Answer

AutoZone (AZO) P/S ratio at the end of 2025 was 3.7×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month revenue figure available at that date.

Question 8

Why does AutoZone's P/S ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (revenue). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$70.2B	$18.9B	3.7×	+0.8×	Aug 30, 2025
2024	$54.2B	$18.5B	2.9×	+0.4×	Aug 31, 2024
2023	$44.4B	$17.5B	2.5×	-0.0×	Aug 26, 2023
2022	$41.9B	$16.3B	2.6×	+0.3×	Aug 27, 2022
2021	$33.1B	$14.6B	2.3×	+0.1×	Aug 28, 2021
2020	$27.8B	$12.6B	2.2×	-0.1×	Aug 29, 2020
2019	$26.9B	$11.9B	2.3×	+0.5×	Aug 31, 2019
2018	$20.2B	$11.2B	1.8×	+0.4×	Aug 25, 2018
2017	$14.8B	$10.9B	1.4×	-0.7×	Aug 26, 2017
2016	$22.1B	$10.6B	2.1×	-0.1×	Aug 27, 2016
2015	$22.4B	$10.2B	2.2×	+0.3×	Aug 29, 2015
2014	$17.5B	$9.48B	1.8×	+0.2×	Aug 30, 2014
2013	$14.7B	$9.15B	1.6×	+0.0×	Aug 31, 2013
2012	$13.7B	$8.6B	1.6×	+0.1×	Aug 25, 2012
2011	$12.4B	$8.07B	1.5×	+0.2×	Aug 27, 2011
2010	$10B	$7.36B	1.4×	+0.3×	Aug 28, 2010
2009	$7.44B	$6.82B	1.1×	-0.1×	Aug 29, 2009
2008	$8B	$6.52B	1.2×	-0.1×	Aug 30, 2008
2007	$7.99B	$6.17B	1.3×	+0.3×	Aug 25, 2007
2006	$6.2B	$5.95B	1.0×	-0.2×	Aug 26, 2006
2005	$7.31B	$5.71B	1.3×	+0.2×	Aug 27, 2005
2004	$6.01B	$5.64B	1.1×	-0.4×	Aug 28, 2004
2003	$8.15B	$5.46B	1.5×	+0.2×	Aug 30, 2003
2002	$7.15B	$5.33B	1.3×	—	Aug 31, 2002


D.R. Horton (DHI)	1.4×
Carnival Corporation (CCL)	1.4×
Lululemon Athletica (LULU)	1.3×
Toll Brothers (TOL)	1.2×
Li Auto (LI)	1.2×
Ball (BALL)	1.2×
Weyco Group (WEYS)	1.1×
NIO (NIO)	1.1×
Amcor (AMCR)	0.9×
Norwegian Cruise Line (NCLH)	0.9×
XPeng (XPEV)	0.8×
Smurfit Westrock (SW)	0.7×
V.F. (VFC)	0.7×
Lennar (LEN)	0.7×
Genuine Parts (GPC)	0.6×
KB Home (KBH)	0.6×
Mohawk Industries (MHK)	0.5×
LKQ (LKQ)	0.5×
MGM Resorts (MGM)	0.5×
Polaris (PII)	0.4×
General Motors (GM)	0.4×
ChargePoint Holdings (CHPT)	0.4×
Leggett & Platt (LEG)	0.3×
Best Buy Co. (BBY)	0.3×
Ford Motor (F)	0.2×

P/S Ratio for AutoZone (AZO) 2002-2026

P/S Ratio daily chart for AutoZone (AZO)

Historical P/S Ratio for AutoZone (AZO) from 2002 to 2025

About P/S Ratio at AutoZone (AZO)

AutoZone P/S Ratio by Year

AutoZone P/S Ratio 2025: 3.7×

AutoZone P/S Ratio 2024: 2.9×

AutoZone P/S Ratio 2023: 2.5×

AutoZone P/S Ratio 2022: 2.6×

AutoZone P/S Ratio 2021: 2.3×

Sector peers by P/S Ratio — chart

Sector peers by P/S Ratio — table

Frequently asked questions

AutoZone (AZO) Key Financials