Net Profit Margin
since 2005
Paying user area
Try for free
AutoZone Inc. pages available for free this week:
- Balance Sheet: Assets
- Analysis of Short-term (Operating) Activity Ratios
- Analysis of Long-term (Investment) Activity Ratios
- Capital Asset Pricing Model (CAPM)
- Dividend Discount Model (DDM)
- Present Value of Free Cash Flow to Equity (FCFE)
- Selected Financial Data since 2005
- Operating Profit Margin since 2005
- Analysis of Revenues
- Aggregate Accruals
The data is hidden behind: . Unhide it.
Get full access to the entire website from $10.42/mo, or
get 1-month access to AutoZone Inc. for $22.49.
This is a one-time payment. There is no automatic renewal.
We accept:
Calculation
AutoZone Inc., net profit margin, long-term trends, calculation
| Net profit margin | = | 100 | × | Net income1 | ÷ | Net sales1 | |
|---|---|---|---|---|---|---|---|
| Aug 26, 2023 | = | 100 | × | ÷ | |||
| Aug 27, 2022 | = | 100 | × | ÷ | |||
| Aug 28, 2021 | = | 100 | × | ÷ | |||
| Aug 29, 2020 | = | 100 | × | ÷ | |||
| Aug 31, 2019 | = | 100 | × | ÷ | |||
| Aug 25, 2018 | = | 100 | × | ÷ | |||
| Aug 26, 2017 | = | 100 | × | ÷ | |||
| Aug 27, 2016 | = | 100 | × | ÷ | |||
| Aug 29, 2015 | = | 100 | × | ÷ | |||
| Aug 30, 2014 | = | 100 | × | ÷ | |||
| Aug 31, 2013 | = | 100 | × | ÷ | |||
| Aug 25, 2012 | = | 100 | × | ÷ | |||
| Aug 27, 2011 | = | 100 | × | ÷ | |||
| Aug 28, 2010 | = | 100 | × | ÷ | |||
| Aug 29, 2009 | = | 100 | × | ÷ | |||
| Aug 30, 2008 | = | 100 | × | ÷ | |||
| Aug 25, 2007 | = | 100 | × | ÷ | |||
| Aug 26, 2006 | = | 100 | × | ÷ | |||
| Aug 27, 2005 | = | 100 | × | ÷ |
Based on: 10-K (reporting date: 2023-08-26), 10-K (reporting date: 2022-08-27), 10-K (reporting date: 2021-08-28), 10-K (reporting date: 2020-08-29), 10-K (reporting date: 2019-08-31), 10-K (reporting date: 2018-08-25), 10-K (reporting date: 2017-08-26), 10-K (reporting date: 2016-08-27), 10-K (reporting date: 2015-08-29), 10-K (reporting date: 2014-08-30), 10-K (reporting date: 2013-08-31), 10-K (reporting date: 2012-08-25), 10-K (reporting date: 2011-08-27), 10-K (reporting date: 2010-08-28), 10-K (reporting date: 2009-08-29), 10-K (reporting date: 2008-08-30), 10-K (reporting date: 2007-08-25), 10-K (reporting date: 2006-08-26), 10-K (reporting date: 2005-08-27).
1 US$ in thousands
The financial data reveals a consistent upward trajectory in both net income and net sales over the observed period, indicating sustained growth in the company's operations.
- Net Income
- There is a clear trend of increasing net income from 571,019 thousand US dollars in 2005 to 2,528,426 thousand US dollars in 2023. This nearly fourfold increase demonstrates significant profitability expansion over these years. The growth appears steady, with only slight variations in the rate of increase between consecutive years, suggesting effective cost management and revenue generation strategies.
- Net Sales
- Net sales also depict a strong growth trend, rising from 5,710,882 thousand US dollars in 2005 to 17,457,209 thousand US dollars in 2023. This reflects a near tripling of sales volume or value, signaling successful market penetration and sales performance. The progression is generally consistent, with occasional periods of accelerated growth, such as between 2019 and 2023, aligning with increased net income trends.
- Net Profit Margin
- The net profit margin percentage shows a gradual increase over the period, starting from 10.00% in 2005 and reaching a peak of 14.95% in 2022, slightly dipping to 14.48% in 2023. This upward trend indicates improving operational efficiency or favorable pricing power, allowing the company to retain a larger portion of sales as profit. The steady margin improvement complements the growth in net income, underpinning the enhanced profitability.
Overall, the data reflects robust financial health characterized by significant revenue growth, increased profitability, and enhanced margins. These patterns suggest effective management and successful business strategies driving sustained company performance over the nearly two decades.
Comparison to Competitors
AutoZone Inc., net profit margin, long-term trends, comparison to competitors
| AutoZone Inc. | Amazon.com Inc. | Home Depot Inc. | Lowe’s Cos. Inc. | TJX Cos. Inc. | |
|---|---|---|---|---|---|
| Aug 26, 2023 | |||||
| Aug 27, 2022 | |||||
| Aug 28, 2021 | |||||
| Aug 29, 2020 | |||||
| Aug 31, 2019 | |||||
| Aug 25, 2018 | |||||
| Aug 26, 2017 | |||||
| Aug 27, 2016 | |||||
| Aug 29, 2015 | |||||
| Aug 30, 2014 | |||||
| Aug 31, 2013 | |||||
| Aug 25, 2012 | |||||
| Aug 27, 2011 | |||||
| Aug 28, 2010 | |||||
| Aug 29, 2009 | |||||
| Aug 30, 2008 | |||||
| Aug 25, 2007 | |||||
| Aug 26, 2006 | |||||
| Aug 27, 2005 |
Based on: 10-K (reporting date: 2023-08-26), 10-K (reporting date: 2022-08-27), 10-K (reporting date: 2021-08-28), 10-K (reporting date: 2020-08-29), 10-K (reporting date: 2019-08-31), 10-K (reporting date: 2018-08-25), 10-K (reporting date: 2017-08-26), 10-K (reporting date: 2016-08-27), 10-K (reporting date: 2015-08-29), 10-K (reporting date: 2014-08-30), 10-K (reporting date: 2013-08-31), 10-K (reporting date: 2012-08-25), 10-K (reporting date: 2011-08-27), 10-K (reporting date: 2010-08-28), 10-K (reporting date: 2009-08-29), 10-K (reporting date: 2008-08-30), 10-K (reporting date: 2007-08-25), 10-K (reporting date: 2006-08-26), 10-K (reporting date: 2005-08-27).
Comparison to Sector (Consumer Discretionary Distribution & Retail)
AutoZone Inc., net profit margin, long-term trends, comparison to sector (consumer discretionary distribution & retail)
| AutoZone Inc. | Consumer Discretionary Distribution & Retail | |
|---|---|---|
| Aug 26, 2023 | ||
| Aug 27, 2022 | ||
| Aug 28, 2021 | ||
| Aug 29, 2020 | ||
| Aug 31, 2019 | ||
| Aug 25, 2018 | ||
| Aug 26, 2017 | ||
| Aug 27, 2016 | ||
| Aug 29, 2015 | ||
| Aug 30, 2014 | ||
| Aug 31, 2013 | ||
| Aug 25, 2012 | ||
| Aug 27, 2011 | ||
| Aug 28, 2010 | ||
| Aug 29, 2009 | ||
| Aug 30, 2008 | ||
| Aug 25, 2007 | ||
| Aug 26, 2006 | ||
| Aug 27, 2005 |
Based on: 10-K (reporting date: 2023-08-26), 10-K (reporting date: 2022-08-27), 10-K (reporting date: 2021-08-28), 10-K (reporting date: 2020-08-29), 10-K (reporting date: 2019-08-31), 10-K (reporting date: 2018-08-25), 10-K (reporting date: 2017-08-26), 10-K (reporting date: 2016-08-27), 10-K (reporting date: 2015-08-29), 10-K (reporting date: 2014-08-30), 10-K (reporting date: 2013-08-31), 10-K (reporting date: 2012-08-25), 10-K (reporting date: 2011-08-27), 10-K (reporting date: 2010-08-28), 10-K (reporting date: 2009-08-29), 10-K (reporting date: 2008-08-30), 10-K (reporting date: 2007-08-25), 10-K (reporting date: 2006-08-26), 10-K (reporting date: 2005-08-27).
Comparison to Industry (Consumer Discretionary)
AutoZone Inc., net profit margin, long-term trends, comparison to industry (consumer discretionary)
| AutoZone Inc. | Consumer Discretionary | |
|---|---|---|
| Aug 26, 2023 | ||
| Aug 27, 2022 | ||
| Aug 28, 2021 | ||
| Aug 29, 2020 | ||
| Aug 31, 2019 | ||
| Aug 25, 2018 | ||
| Aug 26, 2017 | ||
| Aug 27, 2016 | ||
| Aug 29, 2015 | ||
| Aug 30, 2014 | ||
| Aug 31, 2013 | ||
| Aug 25, 2012 | ||
| Aug 27, 2011 | ||
| Aug 28, 2010 | ||
| Aug 29, 2009 | ||
| Aug 30, 2008 | ||
| Aug 25, 2007 | ||
| Aug 26, 2006 | ||
| Aug 27, 2005 |
Based on: 10-K (reporting date: 2023-08-26), 10-K (reporting date: 2022-08-27), 10-K (reporting date: 2021-08-28), 10-K (reporting date: 2020-08-29), 10-K (reporting date: 2019-08-31), 10-K (reporting date: 2018-08-25), 10-K (reporting date: 2017-08-26), 10-K (reporting date: 2016-08-27), 10-K (reporting date: 2015-08-29), 10-K (reporting date: 2014-08-30), 10-K (reporting date: 2013-08-31), 10-K (reporting date: 2012-08-25), 10-K (reporting date: 2011-08-27), 10-K (reporting date: 2010-08-28), 10-K (reporting date: 2009-08-29), 10-K (reporting date: 2008-08-30), 10-K (reporting date: 2007-08-25), 10-K (reporting date: 2006-08-26), 10-K (reporting date: 2005-08-27).