AutoZone (MEX:AZO) EBIT: MXN65,187 Mil (TTM As of May. 2026)


MEX:AZO AutoZone Inc MEX:AZO
91 GF Score
Price MXN53,230.00
GF Value MXN62,981.09
Valuation Modestly Undervalued
! 3 Warning Signs
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What is AutoZone EBIT?

AutoZone MEX:AZO 91 EBIT is MXN65,187 Mil as of May. 2026. GuruFocus rates MEX:AZO with a GF Score™ of 91/100 and a GF Value™ of MXN62,981.09 (Modestly Undervalued). The stock has 3 warning signs investors should review.

AutoZone's earnings before interest and taxes (EBIT) for the three months ended in May. 2026 was MXN16,027 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in May. 2026 was MXN65,187 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. AutoZone's annualized ROC % for the quarter that ended in May. 2026 was 22.89%. AutoZone's annualized ROC (Joel Greenblatt) % for the quarter that ended in May. 2026 was 68.59%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. AutoZone's Earnings Yield (Joel Greenblatt) % for the quarter that ended in May. 2026 was 5.86%.


AutoZone  (MEX:AZO) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

AutoZone's annualized ROC % for the quarter that ended in May. 2026 is calculated as:

ROC % (Q: May. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Feb. 2026 ) + Invested Capital (Q: May. 2026 ))/ count )
=64107.928 * ( 1 - 21.12% )/( (205540.007 + 236233.663)/ 2 )
=50568.3336064/220886.835
=22.89 %

where

Invested Capital(Q: Feb. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=351966.913 - 165182.47 - ( 4916.372 - max(0, 170850.061 - 152094.497+4916.372))
=205540.007

Invested Capital(Q: May. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=362896.45 - 145760.476 - ( 4402.147 - max(0, 174110.674 - 155012.985+4402.147))
=236233.663

Note: The Operating Income data used here is four times the quarterly (May. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

AutoZone's annualized ROC (Joel Greenblatt) % for the quarter that ended in May. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: May. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Feb. 2026  Q: May. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=64107.928/( ( (186926.101 + max(-18004.345, 0)) + (0 + max(-23499.836, 0)) )/ 2 )
=64107.928/( ( 186926.101 + 0 )/ 2 )
=64107.928/93463.0505
=68.59 %

where Working Capital is:

Working Capital(Q: Feb. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(12026.524 + 128880.442 + 6271.159) - (165182.47 + 0 + 0)
=-18004.345

Working Capital(Q: May. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 131148.11 + 19462.728) - (145760.476 + 0 + 28350.198)
=-23499.836

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (May. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

AutoZone's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: May. 2026 )
=65187.019/1111617.007
=5.86 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


AutoZone EBIT Related Terms


AutoZone EBIT Historical Data

* Premium members only.

The historical data trend for AutoZone's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

AutoZone EBIT Chart

AutoZone Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 59,217.18 65,817.34 58,847.84 74,957.33 68,296.25

AutoZone Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16,829.85 22,765.33 14,366.81 12,027.90 16,026.98

MEX:AZO vs ORLY, BWA, MOD: EBIT Comparison

For the Auto Parts subindustry, AutoZone's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


AutoZone EV-to-EBIT vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, AutoZone's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where AutoZone's EV-to-EBIT falls into.


MEX:AZO
91GF Score
AutoZone Inc MEX:AZO
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AutoZone EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN65,187 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of MXN65,187 Mil mean?
AutoZone (MEX:AZO) has a EBIT of MXN65,187 Mil as of May. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on AutoZone.
Is AutoZone's EBIT too high?
AutoZone's current EBIT is MXN65,187 Mil. Overall, AutoZone has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does AutoZone's EBIT compare to ORLY and BWA?
AutoZone's EBIT of MXN65,187 Mil can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Vehicles & Parts company?
A good EBIT depends on the Vehicles & Parts industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on AutoZone. AutoZone's current EBIT is MXN65,187 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AutoZone stock overvalued right now?
Based on GuruFocus' analysis, AutoZone (MEX:AZO) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN62,981.09, compared to a current price of MXN53,230.00 — trading 15.5% below its estimated fair value. The current EBIT is MXN65,187 Mil. AutoZone's overall GF Score™ is 91/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For AutoZone (MEX:AZO), the current EBIT is MXN65,187 Mil as of May. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is AutoZone (MEX:AZO) Overvalued in 2026?

Based on GuruFocus' analysis, AutoZone stock appears to be undervalued. The current stock price of MXN53,230.00 is trading 15.5% below its estimated GF Value™ of MXN62,981.09. GuruFocus considers AutoZone to be Modestly Undervalued.

Key valuation signals for MEX:AZO:

  • EBIT: MXN65,187 Mil
  • GF Value™: MXN62,981.09 vs. price of MXN53,230.00 (15.5% below fair value)
  • GF Score™: 91/100 with 3 warning signs

No single metric tells the full story. See the MEX:AZO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AutoZone Business Description

Address 123 South Front Street, Memphis, TN, USA, 38103
Founded in 1979, AutoZone is the largest US-based retailer of aftermarket automotive parts and accessories, operating over 7,600 stores and generating roughly $18.9 billion in fiscal 2025 sales. Beyond its primary home market (88% of total revenue), the company also maintains a growing presence in Mexico and Brazil. AutoZone caters to two core customer segments: do-it-yourself, which account for about 69% of its domestic sales, and commercial do-it-for-me customers, which represent the remaining 31%.
91GF Score

Get the complete analysis for MEX:AZO

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN53,230.00
Price
MXN62,981.09
GF Value