Analysis of Profitability Ratios
Quarterly Data
Profitability ratios measure the company ability to generate profitable sales from its resources (assets).
Profitability Ratios (Summary)
AutoZone Inc., profitability ratios (quarterly data)
Based on: 10-Q (reporting date: 2023-11-18), 10-K (reporting date: 2023-08-26), 10-Q (reporting date: 2023-05-06), 10-Q (reporting date: 2023-02-11), 10-Q (reporting date: 2022-11-19), 10-K (reporting date: 2022-08-27), 10-Q (reporting date: 2022-05-07), 10-Q (reporting date: 2022-02-12), 10-Q (reporting date: 2021-11-20), 10-K (reporting date: 2021-08-28), 10-Q (reporting date: 2021-05-08), 10-Q (reporting date: 2021-02-13), 10-Q (reporting date: 2020-11-21), 10-K (reporting date: 2020-08-29), 10-Q (reporting date: 2020-05-09), 10-Q (reporting date: 2020-02-15), 10-Q (reporting date: 2019-11-23), 10-K (reporting date: 2019-08-31), 10-Q (reporting date: 2019-05-04), 10-Q (reporting date: 2019-02-09), 10-Q (reporting date: 2018-11-17), 10-K (reporting date: 2018-08-25), 10-Q (reporting date: 2018-05-05), 10-Q (reporting date: 2018-02-10), 10-Q (reporting date: 2017-11-18).
| Profitability ratio | Description | The company |
|---|---|---|
| Gross profit margin | Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. | AutoZone Inc. gross profit margin ratio improved from Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024. |
| Operating profit margin | A profitability ratio calculated as operating income divided by revenue. | AutoZone Inc. operating profit margin ratio improved from Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024. |
| Net profit margin | An indicator of profitability, calculated as net income divided by revenue. | AutoZone Inc. net profit margin ratio improved from Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024. |
| Profitability ratio | Description | The company |
|---|---|---|
| ROA | A profitability ratio calculated as net income divided by total assets. | AutoZone Inc. ROA deteriorated from Q3 2023 to Q4 2023 but then improved from Q4 2023 to Q1 2024 not reaching Q3 2023 level. |
Gross Profit Margin
AutoZone Inc., gross profit margin calculation (quarterly data)
| Nov 18, 2023 | Aug 26, 2023 | May 6, 2023 | Feb 11, 2023 | Nov 19, 2022 | Aug 27, 2022 | May 7, 2022 | Feb 12, 2022 | Nov 20, 2021 | Aug 28, 2021 | May 8, 2021 | Feb 13, 2021 | Nov 21, 2020 | Aug 29, 2020 | May 9, 2020 | Feb 15, 2020 | Nov 23, 2019 | Aug 31, 2019 | May 4, 2019 | Feb 9, 2019 | Nov 17, 2018 | Aug 25, 2018 | May 5, 2018 | Feb 10, 2018 | Nov 18, 2017 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||||||||||||||||||||||||||||||
| Gross profit | 2,214,016) | 2,999,671) | 2,146,126) | 1,930,003) | 1,994,622) | 2,755,850) | 2,006,414) | 1,785,226) | 1,925,160) | 2,567,839) | 1,914,946) | 1,559,383) | 1,675,617) | 2,412,974) | 1,490,648) | 1,366,063) | 1,501,068) | 2,130,400) | 1,492,020) | 1,325,107) | 1,417,474) | 1,907,878) | 1,422,974) | 1,277,046) | 1,365,848) | ||||||||
| Net sales | 4,190,277) | 5,690,619) | 4,090,541) | 3,690,982) | 3,985,067) | 5,348,354) | 3,865,222) | 3,369,750) | 3,668,904) | 4,913,483) | 3,651,023) | 2,910,818) | 3,154,261) | 4,545,967) | 2,779,299) | 2,513,663) | 2,793,038) | 3,988,436) | 2,783,006) | 2,450,568) | 2,641,733) | 3,558,768) | 2,660,152) | 2,413,026) | 2,589,131) | ||||||||
| Profitability Ratio | |||||||||||||||||||||||||||||||||
| Gross profit margin1 | 52.60% | 51.96% | 51.57% | 51.43% | 51.56% | 52.13% | 52.38% | 52.51% | 52.61% | 52.75% | 53.03% | 53.31% | 53.45% | 53.60% | 53.73% | 53.73% | 53.67% | 53.65% | 53.72% | 53.69% | 53.45% | 53.24% | — | — | — | ||||||||
| Benchmarks | |||||||||||||||||||||||||||||||||
| Gross Profit Margin, Competitors2 | |||||||||||||||||||||||||||||||||
| Amazon.com Inc. | — | 46.98% | 46.24% | 45.53% | 44.73% | 43.81% | 43.04% | 42.65% | 42.14% | 42.03% | 41.31% | 40.68% | 40.01% | 39.57% | 40.22% | 40.27% | 40.64% | 40.99% | — | — | — | — | — | — | — | ||||||||
| Home Depot Inc. | 33.51% | 33.53% | 33.51% | 33.53% | 33.58% | 33.63% | 33.72% | 33.72% | 33.94% | 33.95% | 34.03% | 34.10% | 34.06% | 34.09% | 34.13% | 34.20% | 34.26% | 34.34% | — | — | — | — | — | — | — | ||||||||
| Lowe’s Cos. Inc. | 33.14% | 33.23% | 33.38% | 33.33% | 33.49% | 33.30% | 33.06% | 32.97% | 33.06% | 33.01% | 32.94% | 32.89% | 32.23% | 31.80% | 31.85% | 31.47% | 31.72% | 32.12% | — | — | — | — | — | — | — | ||||||||
| TJX Cos. Inc. | 27.85% | 27.61% | 27.92% | 28.03% | 28.45% | 28.50% | 28.78% | 28.91% | 27.61% | 23.66% | 23.97% | 23.61% | 25.04% | 28.46% | 28.30% | 28.32% | 28.49% | 28.59% | — | — | — | — | — | — | — | ||||||||
Based on: 10-Q (reporting date: 2023-11-18), 10-K (reporting date: 2023-08-26), 10-Q (reporting date: 2023-05-06), 10-Q (reporting date: 2023-02-11), 10-Q (reporting date: 2022-11-19), 10-K (reporting date: 2022-08-27), 10-Q (reporting date: 2022-05-07), 10-Q (reporting date: 2022-02-12), 10-Q (reporting date: 2021-11-20), 10-K (reporting date: 2021-08-28), 10-Q (reporting date: 2021-05-08), 10-Q (reporting date: 2021-02-13), 10-Q (reporting date: 2020-11-21), 10-K (reporting date: 2020-08-29), 10-Q (reporting date: 2020-05-09), 10-Q (reporting date: 2020-02-15), 10-Q (reporting date: 2019-11-23), 10-K (reporting date: 2019-08-31), 10-Q (reporting date: 2019-05-04), 10-Q (reporting date: 2019-02-09), 10-Q (reporting date: 2018-11-17), 10-K (reporting date: 2018-08-25), 10-Q (reporting date: 2018-05-05), 10-Q (reporting date: 2018-02-10), 10-Q (reporting date: 2017-11-18).
1 Q1 2024 Calculation
Gross profit margin = 100
× (Gross profitQ1 2024
+ Gross profitQ4 2023
+ Gross profitQ3 2023
+ Gross profitQ2 2023)
÷ (Net salesQ1 2024
+ Net salesQ4 2023
+ Net salesQ3 2023
+ Net salesQ2 2023)
= 100 × (2,214,016 + 2,999,671 + 2,146,126 + 1,930,003)
÷ (4,190,277 + 5,690,619 + 4,090,541 + 3,690,982)
= 52.60%
2 Click competitor name to see calculations.
| Profitability ratio | Description | The company |
|---|---|---|
| Gross profit margin | Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. | AutoZone Inc. gross profit margin ratio improved from Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024. |
Operating Profit Margin
AutoZone Inc., operating profit margin calculation (quarterly data)
| Nov 18, 2023 | Aug 26, 2023 | May 6, 2023 | Feb 11, 2023 | Nov 19, 2022 | Aug 27, 2022 | May 7, 2022 | Feb 12, 2022 | Nov 20, 2021 | Aug 28, 2021 | May 8, 2021 | Feb 13, 2021 | Nov 21, 2020 | Aug 29, 2020 | May 9, 2020 | Feb 15, 2020 | Nov 23, 2019 | Aug 31, 2019 | May 4, 2019 | Feb 9, 2019 | Nov 17, 2018 | Aug 25, 2018 | May 5, 2018 | Feb 10, 2018 | Nov 18, 2017 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||||||||||||||||||||||||||||||
| Operating profit | 848,604) | 1,222,495) | 858,481) | 669,977) | 723,033) | 1,103,814) | 785,670) | 626,760) | 754,485) | 1,044,030) | 803,505) | 481,767) | 615,225) | 1,018,045) | 491,673) | 407,938) | 500,023) | 780,776) | 547,523) | 400,020) | 487,818) | 591,239) | 545,765) | 205,098) | 468,754) | ||||||||
| Net sales | 4,190,277) | 5,690,619) | 4,090,541) | 3,690,982) | 3,985,067) | 5,348,354) | 3,865,222) | 3,369,750) | 3,668,904) | 4,913,483) | 3,651,023) | 2,910,818) | 3,154,261) | 4,545,967) | 2,779,299) | 2,513,663) | 2,793,038) | 3,988,436) | 2,783,006) | 2,450,568) | 2,641,733) | 3,558,768) | 2,660,152) | 2,413,026) | 2,589,131) | ||||||||
| Profitability Ratio | |||||||||||||||||||||||||||||||||
| Operating profit margin1 | 20.38% | 19.90% | 19.60% | 19.43% | 19.55% | 20.12% | 20.30% | 20.69% | 20.36% | 20.13% | 20.46% | 19.47% | 19.49% | 19.14% | 18.06% | 18.51% | 18.55% | 18.68% | 17.72% | 17.90% | 16.23% | 16.14% | — | — | — | ||||||||
| Benchmarks | |||||||||||||||||||||||||||||||||
| Operating Profit Margin, Competitors2 | |||||||||||||||||||||||||||||||||
| Amazon.com Inc. | — | 6.41% | 4.76% | 3.29% | 2.54% | 2.38% | 2.58% | 3.15% | 4.12% | 5.30% | 6.18% | 6.68% | 6.63% | 5.93% | 5.72% | 5.24% | 4.76% | 5.18% | — | — | — | — | — | — | — | ||||||||
| Home Depot Inc. | 15.19% | 15.27% | 15.33% | 15.30% | 15.20% | 15.24% | 15.10% | 14.79% | 14.70% | 13.84% | 14.01% | 13.99% | 13.85% | 14.37% | 14.26% | 14.31% | 14.36% | 14.35% | — | — | — | — | — | — | — | ||||||||
| Lowe’s Cos. Inc. | 10.60% | 10.47% | 10.74% | 12.76% | 12.72% | 12.56% | 12.36% | 11.79% | 11.55% | 10.77% | 10.64% | 10.53% | 9.30% | 8.75% | 6.67% | 5.83% | 5.54% | 5.63% | — | — | — | — | — | — | — | ||||||||
| TJX Cos. Inc. | 9.82% | 9.73% | 9.76% | 9.77% | 10.18% | 9.79% | 9.55% | 9.32% | 7.05% | 1.81% | 3.13% | 3.26% | 5.86% | 10.59% | 10.49% | 10.56% | 10.61% | 10.82% | — | — | — | — | — | — | — | ||||||||
Based on: 10-Q (reporting date: 2023-11-18), 10-K (reporting date: 2023-08-26), 10-Q (reporting date: 2023-05-06), 10-Q (reporting date: 2023-02-11), 10-Q (reporting date: 2022-11-19), 10-K (reporting date: 2022-08-27), 10-Q (reporting date: 2022-05-07), 10-Q (reporting date: 2022-02-12), 10-Q (reporting date: 2021-11-20), 10-K (reporting date: 2021-08-28), 10-Q (reporting date: 2021-05-08), 10-Q (reporting date: 2021-02-13), 10-Q (reporting date: 2020-11-21), 10-K (reporting date: 2020-08-29), 10-Q (reporting date: 2020-05-09), 10-Q (reporting date: 2020-02-15), 10-Q (reporting date: 2019-11-23), 10-K (reporting date: 2019-08-31), 10-Q (reporting date: 2019-05-04), 10-Q (reporting date: 2019-02-09), 10-Q (reporting date: 2018-11-17), 10-K (reporting date: 2018-08-25), 10-Q (reporting date: 2018-05-05), 10-Q (reporting date: 2018-02-10), 10-Q (reporting date: 2017-11-18).
1 Q1 2024 Calculation
Operating profit margin = 100
× (Operating profitQ1 2024
+ Operating profitQ4 2023
+ Operating profitQ3 2023
+ Operating profitQ2 2023)
÷ (Net salesQ1 2024
+ Net salesQ4 2023
+ Net salesQ3 2023
+ Net salesQ2 2023)
= 100 × (848,604 + 1,222,495 + 858,481 + 669,977)
÷ (4,190,277 + 5,690,619 + 4,090,541 + 3,690,982)
= 20.38%
2 Click competitor name to see calculations.
| Profitability ratio | Description | The company |
|---|---|---|
| Operating profit margin | A profitability ratio calculated as operating income divided by revenue. | AutoZone Inc. operating profit margin ratio improved from Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024. |
Net Profit Margin
AutoZone Inc., net profit margin calculation (quarterly data)
| Nov 18, 2023 | Aug 26, 2023 | May 6, 2023 | Feb 11, 2023 | Nov 19, 2022 | Aug 27, 2022 | May 7, 2022 | Feb 12, 2022 | Nov 20, 2021 | Aug 28, 2021 | May 8, 2021 | Feb 13, 2021 | Nov 21, 2020 | Aug 29, 2020 | May 9, 2020 | Feb 15, 2020 | Nov 23, 2019 | Aug 31, 2019 | May 4, 2019 | Feb 9, 2019 | Nov 17, 2018 | Aug 25, 2018 | May 5, 2018 | Feb 10, 2018 | Nov 18, 2017 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||||||||||||||||||||||||||||||
| Net income | 593,463) | 864,841) | 647,723) | 476,544) | 539,318) | 810,043) | 592,571) | 471,755) | 555,235) | 785,771) | 596,164) | 345,946) | 442,433) | 740,456) | 342,896) | 299,282) | 350,338) | 565,228) | 405,949) | 294,638) | 351,406) | 400,282) | 366,721) | 289,530) | 281,003) | ||||||||
| Net sales | 4,190,277) | 5,690,619) | 4,090,541) | 3,690,982) | 3,985,067) | 5,348,354) | 3,865,222) | 3,369,750) | 3,668,904) | 4,913,483) | 3,651,023) | 2,910,818) | 3,154,261) | 4,545,967) | 2,779,299) | 2,513,663) | 2,793,038) | 3,988,436) | 2,783,006) | 2,450,568) | 2,641,733) | 3,558,768) | 2,660,152) | 2,413,026) | 2,589,131) | ||||||||
| Profitability Ratio | |||||||||||||||||||||||||||||||||
| Net profit margin1 | 14.62% | 14.48% | 14.45% | 14.32% | 14.57% | 14.95% | 15.21% | 15.44% | 15.08% | 14.84% | 14.90% | 13.98% | 14.05% | 13.72% | 12.90% | 13.42% | 13.45% | 13.63% | 12.70% | 12.49% | 12.49% | 11.92% | — | — | — | ||||||||
| Benchmarks | |||||||||||||||||||||||||||||||||
| Net Profit Margin, Competitors2 | |||||||||||||||||||||||||||||||||
| Amazon.com Inc. | — | 5.29% | 3.62% | 2.43% | 0.82% | -0.53% | 2.25% | 2.39% | 4.48% | 7.10% | 5.73% | 6.64% | 6.42% | 5.53% | 4.99% | 4.10% | 3.56% | 4.13% | — | — | — | — | — | — | — | ||||||||
| Home Depot Inc. | 10.75% | 10.87% | 10.87% | 10.88% | 10.83% | 10.87% | 10.79% | 10.55% | 10.45% | 9.74% | 9.94% | 9.91% | 9.79% | 10.20% | 10.01% | 10.18% | 10.24% | 10.28% | — | — | — | — | — | — | — | ||||||||
| Lowe’s Cos. Inc. | 6.65% | 6.63% | 6.97% | 8.84% | 8.85% | 8.77% | 8.63% | 7.41% | 7.23% | 6.51% | 6.29% | 7.12% | 6.17% | 5.93% | 4.11% | 3.52% | 3.31% | 3.25% | — | — | — | — | — | — | — | ||||||||
| TJX Cos. Inc. | 7.56% | 7.00% | 6.90% | 6.77% | 6.69% | 6.76% | 5.85% | 5.81% | 4.00% | 0.28% | 2.24% | 2.11% | 4.57% | 7.84% | 7.70% | 7.65% | 7.69% | 7.85% | — | — | — | — | — | — | — | ||||||||
Based on: 10-Q (reporting date: 2023-11-18), 10-K (reporting date: 2023-08-26), 10-Q (reporting date: 2023-05-06), 10-Q (reporting date: 2023-02-11), 10-Q (reporting date: 2022-11-19), 10-K (reporting date: 2022-08-27), 10-Q (reporting date: 2022-05-07), 10-Q (reporting date: 2022-02-12), 10-Q (reporting date: 2021-11-20), 10-K (reporting date: 2021-08-28), 10-Q (reporting date: 2021-05-08), 10-Q (reporting date: 2021-02-13), 10-Q (reporting date: 2020-11-21), 10-K (reporting date: 2020-08-29), 10-Q (reporting date: 2020-05-09), 10-Q (reporting date: 2020-02-15), 10-Q (reporting date: 2019-11-23), 10-K (reporting date: 2019-08-31), 10-Q (reporting date: 2019-05-04), 10-Q (reporting date: 2019-02-09), 10-Q (reporting date: 2018-11-17), 10-K (reporting date: 2018-08-25), 10-Q (reporting date: 2018-05-05), 10-Q (reporting date: 2018-02-10), 10-Q (reporting date: 2017-11-18).
1 Q1 2024 Calculation
Net profit margin = 100
× (Net incomeQ1 2024
+ Net incomeQ4 2023
+ Net incomeQ3 2023
+ Net incomeQ2 2023)
÷ (Net salesQ1 2024
+ Net salesQ4 2023
+ Net salesQ3 2023
+ Net salesQ2 2023)
= 100 × (593,463 + 864,841 + 647,723 + 476,544)
÷ (4,190,277 + 5,690,619 + 4,090,541 + 3,690,982)
= 14.62%
2 Click competitor name to see calculations.
| Profitability ratio | Description | The company |
|---|---|---|
| Net profit margin | An indicator of profitability, calculated as net income divided by revenue. | AutoZone Inc. net profit margin ratio improved from Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024. |
Return on Equity (ROE)
AutoZone Inc., ROE calculation (quarterly data)
| Nov 18, 2023 | Aug 26, 2023 | May 6, 2023 | Feb 11, 2023 | Nov 19, 2022 | Aug 27, 2022 | May 7, 2022 | Feb 12, 2022 | Nov 20, 2021 | Aug 28, 2021 | May 8, 2021 | Feb 13, 2021 | Nov 21, 2020 | Aug 29, 2020 | May 9, 2020 | Feb 15, 2020 | Nov 23, 2019 | Aug 31, 2019 | May 4, 2019 | Feb 9, 2019 | Nov 17, 2018 | Aug 25, 2018 | May 5, 2018 | Feb 10, 2018 | Nov 18, 2017 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||||||||||||||||||||||||||||||
| Net income | 593,463) | 864,841) | 647,723) | 476,544) | 539,318) | 810,043) | 592,571) | 471,755) | 555,235) | 785,771) | 596,164) | 345,946) | 442,433) | 740,456) | 342,896) | 299,282) | 350,338) | 565,228) | 405,949) | 294,638) | 351,406) | 400,282) | 366,721) | 289,530) | 281,003) | ||||||||
| Stockholders’ deficit | (5,213,671) | (4,349,894) | (4,301,577) | (4,184,170) | (3,837,923) | (3,538,913) | (3,387,230) | (3,137,477) | (2,124,750) | (1,797,536) | (1,763,392) | (1,523,573) | (1,026,980) | (877,977) | (1,632,736) | (1,711,119) | (1,776,090) | (1,713,851) | (1,589,513) | (1,594,362) | (1,658,616) | (1,520,355) | (1,361,603) | (1,330,547) | (1,525,099) | ||||||||
| Profitability Ratio | |||||||||||||||||||||||||||||||||
| ROE1 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Benchmarks | |||||||||||||||||||||||||||||||||
| ROE, Competitors2 | |||||||||||||||||||||||||||||||||
| Amazon.com Inc. | — | 15.07% | 10.97% | 7.75% | 2.78% | -1.86% | 8.24% | 8.83% | 15.98% | 24.13% | 21.78% | 25.64% | 26.04% | 22.84% | 20.99% | 17.88% | 16.18% | 18.67% | — | — | — | — | — | — | — | ||||||||
| Home Depot Inc. | 4,626.24% | 1,095.07% | 1,317.03% | 7,124.47% | — | — | 1,539.90% | 736.64% | 844.74% | 390.00% | 813.68% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Lowe’s Cos. Inc. | — | — | — | — | — | — | — | — | 1,532.36% | 406.05% | 131.77% | 131.40% | 266.43% | 217.09% | 119.93% | 95.76% | 73.30% | 63.50% | — | — | — | — | — | — | — | ||||||||
| TJX Cos. Inc. | 59.20% | 54.97% | 60.02% | 62.26% | 59.63% | 54.69% | 41.40% | 39.21% | 24.63% | 1.55% | 13.47% | 15.26% | 35.54% | 55.01% | 56.45% | 57.76% | 59.31% | 60.61% | — | — | — | — | — | — | — | ||||||||
Based on: 10-Q (reporting date: 2023-11-18), 10-K (reporting date: 2023-08-26), 10-Q (reporting date: 2023-05-06), 10-Q (reporting date: 2023-02-11), 10-Q (reporting date: 2022-11-19), 10-K (reporting date: 2022-08-27), 10-Q (reporting date: 2022-05-07), 10-Q (reporting date: 2022-02-12), 10-Q (reporting date: 2021-11-20), 10-K (reporting date: 2021-08-28), 10-Q (reporting date: 2021-05-08), 10-Q (reporting date: 2021-02-13), 10-Q (reporting date: 2020-11-21), 10-K (reporting date: 2020-08-29), 10-Q (reporting date: 2020-05-09), 10-Q (reporting date: 2020-02-15), 10-Q (reporting date: 2019-11-23), 10-K (reporting date: 2019-08-31), 10-Q (reporting date: 2019-05-04), 10-Q (reporting date: 2019-02-09), 10-Q (reporting date: 2018-11-17), 10-K (reporting date: 2018-08-25), 10-Q (reporting date: 2018-05-05), 10-Q (reporting date: 2018-02-10), 10-Q (reporting date: 2017-11-18).
1 Q1 2024 Calculation
ROE = 100
× (Net incomeQ1 2024
+ Net incomeQ4 2023
+ Net incomeQ3 2023
+ Net incomeQ2 2023)
÷ Stockholders’ deficit
= 100 × (593,463 + 864,841 + 647,723 + 476,544)
÷ -5,213,671 = —
2 Click competitor name to see calculations.
Return on Assets (ROA)
AutoZone Inc., ROA calculation (quarterly data)
| Nov 18, 2023 | Aug 26, 2023 | May 6, 2023 | Feb 11, 2023 | Nov 19, 2022 | Aug 27, 2022 | May 7, 2022 | Feb 12, 2022 | Nov 20, 2021 | Aug 28, 2021 | May 8, 2021 | Feb 13, 2021 | Nov 21, 2020 | Aug 29, 2020 | May 9, 2020 | Feb 15, 2020 | Nov 23, 2019 | Aug 31, 2019 | May 4, 2019 | Feb 9, 2019 | Nov 17, 2018 | Aug 25, 2018 | May 5, 2018 | Feb 10, 2018 | Nov 18, 2017 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||||||||||||||||||||||||||||||
| Net income | 593,463) | 864,841) | 647,723) | 476,544) | 539,318) | 810,043) | 592,571) | 471,755) | 555,235) | 785,771) | 596,164) | 345,946) | 442,433) | 740,456) | 342,896) | 299,282) | 350,338) | 565,228) | 405,949) | 294,638) | 351,406) | 400,282) | 366,721) | 289,530) | 281,003) | ||||||||
| Total assets | 16,292,570) | 15,985,878) | 15,597,922) | 15,545,142) | 15,315,933) | 15,275,043) | 14,520,565) | 14,078,473) | 14,460,949) | 14,516,199) | 14,137,946) | 14,159,993) | 14,568,574) | 14,423,872) | 12,902,131) | 12,863,749) | 12,700,456) | 9,895,913) | 9,773,740) | 9,745,095) | 9,523,581) | 9,346,980) | 9,301,769) | 9,403,719) | 9,397,084) | ||||||||
| Profitability Ratio | |||||||||||||||||||||||||||||||||
| ROA1 | 15.85% | 15.82% | 15.86% | 15.56% | 15.76% | 15.91% | 16.57% | 17.11% | 15.79% | 14.95% | 15.03% | 13.22% | 12.53% | 12.01% | 12.07% | 12.60% | 12.73% | 16.34% | 14.86% | 14.50% | 14.78% | 14.31% | — | — | — | ||||||||
| Benchmarks | |||||||||||||||||||||||||||||||||
| ROA, Competitors2 | |||||||||||||||||||||||||||||||||
| Amazon.com Inc. | — | 5.76% | 4.12% | 2.74% | 0.92% | -0.59% | 2.64% | 2.77% | 5.21% | 7.93% | 6.87% | 8.17% | 8.33% | 6.64% | 6.16% | 5.10% | 4.77% | 5.14% | — | — | — | — | — | — | — | ||||||||
| Home Depot Inc. | 21.92% | 22.38% | 22.24% | 22.27% | 21.57% | 22.86% | 21.82% | 21.54% | 20.35% | 18.23% | 18.66% | 18.67% | 18.68% | 21.94% | 21.23% | 21.54% | 21.80% | 25.27% | — | — | — | — | — | — | — | ||||||||
| Lowe’s Cos. Inc. | 13.86% | 14.73% | 14.23% | 18.04% | 17.00% | 18.91% | 16.63% | 14.19% | 13.32% | 12.49% | 10.55% | 11.06% | 9.98% | 10.85% | 7.41% | 6.21% | 5.49% | 6.71% | — | — | — | — | — | — | — | ||||||||
| TJX Cos. Inc. | 13.25% | 12.34% | 11.96% | 12.40% | 12.04% | 11.53% | 8.87% | 8.73% | 4.99% | 0.29% | 2.38% | 2.68% | 6.63% | 13.55% | 12.88% | 13.40% | 13.53% | 21.36% | — | — | — | — | — | — | — | ||||||||
Based on: 10-Q (reporting date: 2023-11-18), 10-K (reporting date: 2023-08-26), 10-Q (reporting date: 2023-05-06), 10-Q (reporting date: 2023-02-11), 10-Q (reporting date: 2022-11-19), 10-K (reporting date: 2022-08-27), 10-Q (reporting date: 2022-05-07), 10-Q (reporting date: 2022-02-12), 10-Q (reporting date: 2021-11-20), 10-K (reporting date: 2021-08-28), 10-Q (reporting date: 2021-05-08), 10-Q (reporting date: 2021-02-13), 10-Q (reporting date: 2020-11-21), 10-K (reporting date: 2020-08-29), 10-Q (reporting date: 2020-05-09), 10-Q (reporting date: 2020-02-15), 10-Q (reporting date: 2019-11-23), 10-K (reporting date: 2019-08-31), 10-Q (reporting date: 2019-05-04), 10-Q (reporting date: 2019-02-09), 10-Q (reporting date: 2018-11-17), 10-K (reporting date: 2018-08-25), 10-Q (reporting date: 2018-05-05), 10-Q (reporting date: 2018-02-10), 10-Q (reporting date: 2017-11-18).
1 Q1 2024 Calculation
ROA = 100
× (Net incomeQ1 2024
+ Net incomeQ4 2023
+ Net incomeQ3 2023
+ Net incomeQ2 2023)
÷ Total assets
= 100 × (593,463 + 864,841 + 647,723 + 476,544)
÷ 16,292,570 = 15.85%
2 Click competitor name to see calculations.
| Profitability ratio | Description | The company |
|---|---|---|
| ROA | A profitability ratio calculated as net income divided by total assets. | AutoZone Inc. ROA deteriorated from Q3 2023 to Q4 2023 but then improved from Q4 2023 to Q1 2024 not reaching Q3 2023 level. |