AUTOZONE INC (AZO) closed fiscal year 2025 with a gross margin of 52.6 % and a net margin of 13.2 %.
AUTOZONE INC (AZO) closed fiscal year 2025 with a gross margin of 52.6 % and a net margin of 13.2 %. The same year shows an EBITDA margin of 22.3 % and an EBIT margin of 19.1 %. The free cash flow margin was 9.5 %. Against the previous year the gross margin moved −0.5 pp and the net margin −1.2 pp. Across the period the gross margin ranges between 50.1 % in 2008 and 53.7 % in 2019. The series covers 18 fiscal years, from 2008 to 2025. Margins are expressed as a percentage of net revenue and are derived from the same figures as the income statement, taken from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: August
| 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin (%) | 50.10 % | 50.12 % | 50.41 % | 51.03 % | 51.51 % | 51.83 % | 52.08 % | 52.29 % | 52.74 % | 52.71 % | 53.24 % | 53.65 % | 53.60 % | 52.75 % | 52.13 % | 51.96 % | 53.09 % | 52.62 % |
| EBITDA margin (%) | 19.83 % | 19.90 % | 20.53 % | 20.95 % | 21.39 % | 21.87 % | 21.97 % | 21.82 % | 22.17 % | 22.07 % | 19.21 % | 21.80 % | 22.29 % | 22.91 % | 22.85 % | 22.75 % | 23.46 % | 22.30 % |
| EBIT margin (%) | 17.23 % | 17.25 % | 17.92 % | 18.52 % | 18.93 % | 19.38 % | 19.32 % | 19.17 % | 19.37 % | 19.10 % | 16.14 % | 18.68 % | 19.14 % | 20.13 % | 20.12 % | 19.90 % | 20.49 % | 19.06 % |
| Net margin (%) | 9.84 % | 9.64 % | 10.03 % | 10.52 % | 10.81 % | 11.11 % | 11.29 % | 11.39 % | 11.67 % | 11.76 % | 11.92 % | 13.63 % | 13.72 % | 14.84 % | 14.95 % | 14.48 % | 14.40 % | 13.19 % |
| FCF margin (%) | 10.39 % | 9.56 % | 11.96 % | 12.01 % | 9.83 % | 10.94 % | 9.53 % | 10.72 % | 10.83 % | 9.34 % | 13.89 % | 13.76 % | 17.91 % | 19.80 % | 15.62 % | 12.28 % | 10.45 % | 9.45 % |
