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AutoZoneAZO -0.51%84 EV-to-FCF is 38.03 as of Jul. 17, 2026, which is 73% above its 10-year median of 21.92. GuruFocus rates AZO with a GF Score™ of 84/100 and a GF Value™ of $3,736.51 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 848 Vehicles & Parts companies, AutoZone ranks worse than 74.29% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, AutoZone's Enterprise Value is $62,112 Mil.
AutoZone's Free Cash Flow for the trailing twelve months (TTM) ended in May. 2026 was $1,633 Mil. Therefore, AutoZone's EV-to-FCF for today is 38.03.
The historical rank and industry rank for AutoZone's EV-to-FCF or its related term are showing as below:
AZO'
s EV-to-FCF Range Over the Past 10 Years
Min: 12.42 Med: 21.92 Max: 48.14
Current: 38.03
During the past 13 years, the highest EV-to-FCF of AutoZone was 48.14. The lowest was 12.42. And the median was 21.92.
AZO's EV-to-FCF is ranked worse than 74.29% of 848
companies
in the Vehicles & Parts industry
Industry Median: 17.06
vs AZO: 38.03
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
AutoZone's share price for today is $3046.44.
AutoZone's Earnings per Share (Diluted) 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 $145.450.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
AutoZone EV-to-FCF Related Terms
AutoZone EV-to-FCF Historical Data
* Premium members only.
The historical data trend for AutoZone's EV-to-FCF 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.
For the Auto Parts subindustry, AutoZone's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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-FCF vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, AutoZone's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where AutoZone's EV-to-FCF falls into.
AutoZone's current Enterprise Value is $62,112 Mil.
AutoZone's Free Cash Flow 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 $1,633 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.
AutoZone (AZO) has a EV-to-FCF of 38.03 as of Jul. 17, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on AutoZone and its competitors. This is 73% above median its historical median of 21.92. Over the past decade, AutoZone's EV-to-FCF has ranged from 12.42 to 48.14. According to the industry distribution chart, AutoZone ranks #630 out of 848 companies in the Vehicles & Parts industry, placing it in the top 74.3%.
Is AutoZone's EV-to-FCF too high?
AutoZone's current EV-to-FCF of 38.03 is 73% above median its 10-year median of 21.92. Over the past 10 years, this metric has ranged from a low of 12.42 to a high of 48.14. The Vehicles & Parts industry median EV-to-FCF is 17.06. AutoZone's value of 38.03 is 122.9% above this industry median. Based on the distribution chart, AutoZone ranks #630 out of 848 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, AutoZone has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does AutoZone's EV-to-FCF compare to ORLY and GPC?
According to the Vehicles & Parts industry distribution chart, AutoZone ranks #630 out of 848 companies for EV-to-FCF. This places AutoZone in the lower half of its industry. The industry median EV-to-FCF is 17.06. AutoZone's value of 38.03 is 122.9% above this benchmark. Historically, AutoZone's own EV-to-FCF has ranged from 12.42 to 48.14 over the past decade. While the company's 10-year median is 21.92 vs. the industry median of 17.06, AutoZone has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-FCF for a Vehicles & Parts company?
The median EV-to-FCF among Vehicles & Parts companies is 17.06, based on 848 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. AutoZone's current EV-to-FCF of 38.03 is 122.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on AutoZone and its competitors. For the Vehicles & Parts industry, the median EV-to-FCF is 17.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AutoZone's current EV-to-FCF is 38.03, which is 73% above median its own 10-year median of 21.92. 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 (AZO) is currently considered Modestly Undervalued. The stock's GF Value™ is $3,736.51, compared to a current price of $3,046.44 — trading 18.5% below its estimated fair value. The current EV-to-FCF is 38.03, which is 73% above median its 10-year median of 21.92 and 122.9% above the Vehicles & Parts industry median of 17.06. AutoZone's overall GF Score™ is 84/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For AutoZone (AZO), the current EV-to-FCF is 38.03 as of Jul. 17, 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 (AZO) Overvalued in 2026?
Based on GuruFocus' analysis, AutoZone stock appears to be undervalued.
The current stock price of $3,046.44 is trading 18.5% below its estimated GF Value™ of $3,736.51.
GuruFocus considers AutoZone to be Modestly Undervalued.
Key valuation signals for AZO:
EV-to-FCF: 38.03 (73% above median its 10-year median of 21.92)
GF Value™: $3,736.51 vs. price of $3,046.44 (18.5% below fair value)
Industry Position: 122.9% above the Vehicles & Parts median (#630 of 848)
No single metric tells the full story. See the AZO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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%.
84GF Score
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