AutoZone Inc. (AZO) financial statements: income statement, balance sheet and cash flow
AutoZone Inc.'s income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Aug 30, 2025 · FY), AutoZone Inc. reported revenue of $18.9B (+2.4% year on year) and net income of $2.5B (-6.2% year on year).
Income statement
AutoZone Inc. income statement, fiscal years
Line item
Aug 30, 2025 · FY
Aug 31, 2024 · FY
Aug 26, 2023 · FY
Aug 27, 2022 · FY
Net sales
$18.9B
$18.5B
$17.5B
$16.3B
Cost of sales, including warehouse and delivery expenses
$9.0B
$8.7B
$8.4B
$7.8B
Gross profit
$10.0B
$9.8B
$9.1B
$8.5B
Operating, selling, general and administrative expenses
$6.4B
$6.0B
$5.6B
$5.2B
Operating profit
$3.6B
$3.8B
$3.5B
$3.3B
Interest expense, net
$475.8M
$451.6M
$306.4M
$191.6M
Income before income taxes
$3.1B
$3.3B
$3.2B
$3.1B
Income tax expense
$636.1M
$674.7M
$639.2M
$649.5M
Net income
$2.5B
$2.7B
$2.5B
$2.4B
Weighted average shares for basic earnings per share
$16789000.00
$17309000.00
$18510000.00
$20107000.00
Effect of dilutive stock equivalents
456.0K
494.0K
593.0K
626.0K
Weighted average shares for diluted earnings per share
$17245000.00
$17803000.00
$19103000.00
$20733000.00
Basic earnings per share
$148.80
$153.82
$136.60
$120.83
Diluted earnings per share
$144.87
$149.55
$132.36
$117.19
AutoZone Inc. income statement, quarters
Line item
May 9, 2026 · Q3
Feb 14, 2026 · Q2
Nov 22, 2025 · Q1
May 10, 2025 · Q3
Net sales
$4.8B
$4.3B
$4.6B
$4.5B
Cost of sales, including warehouse and delivery expenses
$2.3B
$2.0B
$2.3B
$2.1B
Gross profit
$2.5B
$2.2B
$2.4B
$2.4B
Operating, selling, general and administrative expenses
$1.6B
$1.5B
$1.6B
$1.5B
Operating profit
$923.8M
$698.5M
$784.2M
$866.2M
Interest expense, net
$110.5M
$107.2M
$106.3M
$111.3M
Income before income taxes
$813.3M
$591.3M
$677.9M
$754.9M
Income tax expense
$171.8M
$122.4M
$147.1M
$146.4M
Net income
$641.5M
$468.9M
$530.8M
$608.4M
Weighted average shares for basic earnings per share
$16468000.00
$16573000.00
$16652000.00
$16746000.00
Effect of dilutive stock equivalents
384.0K
396.0K
450.0K
461.0K
Weighted average shares for diluted earnings per share
$16852000.00
$16969000.00
$17102000.00
$17207000.00
Basic earnings per share
$38.95
$28.29
$31.88
$36.33
Diluted earnings per share
$38.07
$27.63
$31.04
$35.36
Balance sheet
AutoZone Inc. balance sheet, fiscal years
Line item
Aug 30, 2025 · FY
Aug 31, 2024 · FY
Aug 26, 2023 · FY
Aug 27, 2022 · FY
Cash and cash equivalents
$271.8M
$298.2M
$277.1M
$264.4M
Accounts receivable
$670.1M
$545.6M
$520.4M
$504.9M
Merchandise inventories
$7.0B
$6.2B
$5.8B
$5.6B
Other current assets
$373.8M
$307.8M
$217.8M
$220.7M
Total current assets
$8.3B
$7.3B
$6.8B
$6.6B
Land
$1.5B
$1.4B
$1.4B
$1.3B
Buildings and improvements
$5.8B
$5.1B
$4.9B
$4.5B
Equipment
$3.6B
$3.3B
$3.0B
$2.7B
Leasehold improvements
$1.1B
$922.5M
$831.5M
$724.1M
Construction in progress
$643.7M
$558.5M
$305.9M
$291.6M
Property and equipment
$12.6B
$11.3B
$10.3B
$9.5B
Less: Accumulated depreciation and amortization
($5.5B)
($5.1B)
($4.7B)
($4.3B)
Property and equipment, net
$7.1B
$6.2B
$5.6B
$5.2B
Operating lease right-of-use assets
$3.2B
$3.1B
$3.0B
$2.9B
Goodwill
$302.6M
$302.6M
$302.6M
$302.6M
Deferred income taxes
$118.4M
$83.7M
$86.0M
$52.0M
Other long-term assets
$335.7M
$242.1M
$223.2M
$203.1M
Total long-term assets
$4.0B
$3.7B
$3.6B
$3.5B
Total assets
$19.4B
$17.2B
$16.0B
$15.3B
Accounts payable
$8.0B
$7.4B
$7.2B
$7.3B
Current portion of operating lease liabilities
$283.6M
$266.9M
$257.3M
$243.4M
Accrued expenses and other
$1.2B
$1.1B
$1.0B
$1.0B
Income taxes payable
$58.7M
$30.9M
$52.5M
$34.9M
Total current liabilities
$9.5B
$8.7B
$8.5B
$8.6B
Long-term debt
$8.8B
$9.0B
$7.7B
$6.1B
Operating lease liabilities, less current portion
$3.1B
$3.0B
$2.9B
$2.8B
Deferred income taxes
$520.5M
$447.1M
$536.3M
$533.9M
Other long-term liabilities
$836.0M
$780.3M
$702.0M
$731.6M
Common stock, par value $.01 per share, authorized 200,000 shares; 16,927 shares issued and 16,665 shares outstanding as of August 30, 2025; 17,451 shares issued and 16,926 shares outstanding as of August 31, 2024
$169000.00
$175000.00
$189000.00
$207000.00
Additional paid-in capital
$1.8B
$1.6B
$1.5B
$1.4B
Retained deficit
($4.0B)
($4.4B)
($3.0B)
($1.3B)
Accumulated other comprehensive loss
($285.0M)
($361.6M)
($190.8M)
($300.5M)
Treasury stock, at cost
($997.4M)
($1.6B)
($2.7B)
($3.3B)
Total stockholders' deficit
($3.4B)
($4.7B)
($4.3B)
($3.5B)
Total liabilities and stockholders' deficit
$19.4B
$17.2B
$16.0B
$15.3B
AutoZone Inc. balance sheet, quarters
Line item
May 9, 2026
Feb 14, 2026
Nov 22, 2025
May 10, 2025
Cash and cash equivalents
$253.7M
$285.5M
$287.6M
$268.6M
Accounts receivable
$764.9M
$698.4M
$637.8M
$588.5M
Merchandise inventories
$7.6B
$7.5B
$7.1B
$6.8B
Other current assets
$356.9M
$364.2M
$372.7M
$305.7M
Total current assets
$8.9B
$8.8B
$8.4B
$8.0B
Property and equipment
$13.7B
$13.4B
$12.9B
$12.1B
Less: Accumulated depreciation and amortization
($5.9B)
($5.8B)
($5.6B)
($5.4B)
Property and equipment, net
$7.8B
$7.6B
$7.2B
$6.7B
Operating lease right-of-use assets
$3.4B
$3.3B
$3.3B
$3.1B
Goodwill
$302.6M
$302.6M
$302.6M
$302.6M
Deferred income taxes
$132.1M
$131.4M
$120.0M
$100.9M
Other long-term assets
$336.2M
$317.8M
$312.8M
$359.9M
Total assets
$20.9B
$20.4B
$19.7B
$18.6B
Accounts payable
$8.4B
$8.3B
$8.3B
$7.9B
Current portion of operating lease liabilities
$336.3M
$329.1M
$287.2M
$314.9M
Accrued expenses and other
$1.2B
$1.2B
$1.2B
$1.1B
Income taxes payable
$70.9M
$72.3M
$58.9M
$167.3M
Total current liabilities
$10.0B
$9.9B
$9.8B
$9.5B
Long-term debt
$9.0B
$8.9B
$8.6B
$8.9B
Operating lease liabilities, less current portion
$3.3B
$3.2B
$3.1B
$3.0B
Deferred income taxes
$483.7M
$504.2M
$532.1M
$412.4M
Other long-term liabilities
$887.2M
$839.8M
$785.8M
$844.6M
Common stock, par value $.01 per share, authorized 200,000 shares; 16,592 shares issued and 16,369 shares outstanding as of May 9, 2026; 16,927 shares issued and 16,665 shares outstanding as of August 30, 2025
$166000.00
$166000.00
$170000.00
$169000.00
Additional paid-in capital
$2.0B
$1.9B
$1.9B
$1.7B
Retained deficit
($3.8B)
($4.4B)
($3.4B)
($4.8B)
Accumulated other comprehensive loss
($137.0M)
($157.9M)
($263.1M)
($357.1M)
Treasury stock, at cost
($865.1M)
($278.8M)
($1.4B)
($550.7M)
Total stockholders' deficit
($2.8B)
($2.9B)
($3.2B)
($4.0B)
Total liabilities and stockholders' deficit
$20.9B
$20.4B
$19.7B
$18.6B
Cash flow statement
AutoZone Inc. cash flow statement, fiscal years
Line item
Aug 30, 2025 · FY
Aug 31, 2024 · FY
Aug 26, 2023 · FY
Aug 27, 2022 · FY
Net income
$2.5B
$2.7B
$2.5B
$2.4B
Depreciation and amortization of property and equipment
$613.2M
$549.8M
$497.6M
$442.2M
Other non-cash charges (income)
$64.0M
($40.0M)
—
—
Amortization of debt origination fees
$12.8M
$12.0M
$9.3M
$11.3M
Deferred income taxes
$115.4M
($254.4M)
($25.7M)
$185.6M
Share-based compensation expense
$124.7M
$106.2M
$93.1M
$70.6M
Accounts receivable
($118.6M)
($38.3M)
($6.7M)
($125.7M)
Merchandise inventories
($893.9M)
($453.1M)
($89.2M)
($990.7M)
Accounts payable and accrued expenses
$657.4M
$244.1M
($183.7M)
$1.2B
Income taxes
$68.4M
$296.4M
$92.8M
($10.5M)
Other, net
($24.4M)
($81.1M)
($19.2M)
($25.9M)
Net cash provided by operating activities
$3.1B
$3.0B
$2.9B
$3.2B
Capital expenditures
($1.3B)
($1.1B)
($796.7M)
($672.4M)
Purchase of marketable debt securities
($64.5M)
($38.8M)
($66.9M)
($56.0M)
Proceeds from sale of marketable debt securities
$63.3M
$40.8M
$58.4M
$53.9M
Investment in tax credit equity investments
($111.8M)
($227.5M)
($98.0M)
($31.5M)
Other, net
$39.8M
$11.6M
$27.0M
$58.0M
Net cash used in investing activities
($1.4B)
($1.3B)
($876.2M)
($648.1M)
Net proceeds from (payments of) commercial paper
$168.6M
($629.6M)
—
$603.4M
Proceeds from issuance of debt
$500.0M
$2.3B
$1.8B
$750.0M
Repayment of debt
($900.0M)
($300.0M)
($800.0M)
($500.0M)
Net proceeds from sale of common stock
172.3M
176.2M
182.5M
113.9M
Purchase of treasury stock
($1.6B)
($3.1B)
($3.7B)
($4.4B)
Repayment of principal portion of finance lease liabilities
($96.2M)
($85.3M)
($81.1M)
($67.2M)
Other, net
($13.4M)
($4.2M)
($18.2M)
($10.7M)
Net cash used in financing activities
($1.7B)
($1.7B)
($2.1B)
($3.5B)
Effect of exchange rate changes on cash
$3.5M
($12.8M)
$8.1M
$506.0K
Net (decrease) increase in cash and cash equivalents
($26.4M)
$21.1M
$12.7M
($907.0M)
Cash and cash equivalents at beginning of period
$298.2M
$277.1M
$264.4M
$1.2B
Cash and cash equivalents at end of period
$271.8M
$298.2M
$277.1M
$264.4M
Interest paid, net of interest cost capitalized
$413.0M
$353.8M
$260.9M
$178.6M
Income taxes paid
$313.5M
$437.6M
$570.3M
$461.2M
Leased assets obtained in exchange for new finance lease liabilities
$95.8M
$196.1M
$58.3M
$100.7M
Leased assets obtained in exchange for new operating lease liabilities
$533.2M
$415.2M
$428.1M
$528.0M
AutoZone Inc. cash flow statement, quarters
Line item
May 9, 2026 · YTD
Feb 14, 2026
Nov 22, 2025 · Q1
May 10, 2025 · YTD
Net income
$1.6B
$999.7M
$530.8M
$1.7B
Depreciation and amortization of property and equipment
$464.1M
$303.8M
$148.2M
$415.8M
Other non-cash charges (income)
$177.0M
$157.0M
$98.0M
($16.0M)
Amortization of debt origination fees
$8.8M
$6.0M
$3.2M
$9.1M
Deferred income taxes
($157.7M)
($137.1M)
($41.7M)
($59.3M)
Share-based compensation expense
$97.6M
$67.5M
$30.7M
$85.6M
Accounts receivable
($86.6M)
($20.3M)
$36.7M
($41.8M)
Merchandise inventories
($656.5M)
($552.4M)
($205.3M)
($642.3M)
Accounts payable and accrued expenses
$347.5M
$235.8M
$243.5M
$603.6M
Income taxes
$206.2M
$185.2M
$114.6M
$136.0M
Other, net
$78.0M
$72.5M
($14.5M)
$12.7M
Net cash provided by operating activities
$2.1B
$1.3B
$944.2M
$2.2B
Capital expenditures
($997.5M)
($652.0M)
($314.2M)
($885.6M)
Purchase of marketable debt securities
($35.4M)
($23.0M)
($12.6M)
($54.3M)
Proceeds from sale of marketable debt securities
$17.7M
$8.8M
$6.3M
$54.8M
Net investment in tax credit equity investments
($9.2M)
($9.7M)
($5.1M)
($50.4M)
Other, net
$11.4M
$8.3M
($1.1M)
$18.2M
Net cash used in investing activities
($1.0B)
($667.5M)
($326.7M)
($917.3M)
Net proceeds from commercial paper
$609.4M
$102.4M
($179.1M)
$225.5M
Repayment of debt
($400.0M)
—
—
($900.0M)
Net proceeds from sale of common stock
67.7M
51.5M
31.9M
111.0M
Purchase of treasury stock
($1.3B)
($741.7M)
($427.2M)
($1.1B)
Repayment of principal portion of finance lease liabilities