AutoZone (MEX:AZO) LT-Debt-to-Total-Asset: 0.16 (As of May. 2026)

What is AutoZone LT-Debt-to-Total-Asset?

AutoZone MEX:AZO 91 LT-Debt-to-Total-Asset is 0.16 as of May. 2026. GuruFocus rates MEX:AZO with a GF Score™ of 91/100 and a GF Value™ of MXN63,831.95 (Modestly Undervalued). The stock has 3 warning signs investors should review.

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. AutoZone's long-term debt to total assests ratio for the quarter that ended in May. 2026 was 0.16.

AutoZone's long-term debt to total assets ratio declined from May. 2025 (0.64) to May. 2026 (0.16). It may suggest that AutoZone is progressively becoming less dependent on debt to grow their business.

AutoZone (MEX:AZO) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

AutoZone LT-Debt-to-Total-Asset Related Terms

AutoZone LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for AutoZone's LT-Debt-to-Total-Asset 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 LT-Debt-to-Total-Asset Chart

AutoZone Annual Data

Trend

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Aug24

Aug25

LT-Debt-to-Total-Asset

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0.54

0.59

0.66

0.70

0.61

AutoZone Quarterly Data
	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24	Feb25	May25	Aug25	Nov25	Feb26	May26
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.64	0.61	0.60	0.59	0.16

91GF Score

AutoZone Inc MEX:AZO

LT-Debt-to-Total-Asset is just one metric. See GF Score™, valuation, warning signs, and more.

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AutoZone LT-Debt-to-Total-Asset Calculation

AutoZone's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Aug. 2025 is calculated as

LT Debt to Total Assets (A: Aug. 2025 )	=	Long-Term Debt & Capital Lease Obligation (A: Aug. 2025 )	/	Total Assets (A: Aug. 2025 )
	=	224321.229	/	365050.914
	=	0.61

AutoZone's Long-Term Debt to Total Asset Ratio for the quarter that ended in May. 2026 is calculated as

LT Debt to Total Assets (Q: May. 2026 )	=	Long-Term Debt & Capital Lease Obligation (Q: May. 2026 )	/	Total Assets (Q: May. 2026 )
	=	56878.786	/	362896.45
	=	0.16

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →

What does a LT-Debt-to-Total-Asset of 0.16 mean?

AutoZone (MEX:AZO) has a LT-Debt-to-Total-Asset of 0.16 as of May. 2026. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on AutoZone and its competitors.

Is AutoZone's LT-Debt-to-Total-Asset too high?

AutoZone's current LT-Debt-to-Total-Asset is 0.16. 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 LT-Debt-to-Total-Asset compare to ORLY and GPC?

AutoZone's LT-Debt-to-Total-Asset of 0.16 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 LT-Debt-to-Total-Asset for a Vehicles & Parts company?

A good LT-Debt-to-Total-Asset depends on the Vehicles & Parts industry context. However, LT-Debt-to-Total-Asset 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 LT-Debt-to-Total-Asset mean?

A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on AutoZone and its competitors. AutoZone's current LT-Debt-to-Total-Asset is 0.16. 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 MXN63,831.95, compared to a current price of MXN51,780.00 — trading 18.9% below its estimated fair value. The current LT-Debt-to-Total-Asset is 0.16. 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 LT-Debt-to-Total-Asset calculated?

LT-Debt-to-Total-Asset is calculated from a company's financial statements. For AutoZone (MEX:AZO), the current LT-Debt-to-Total-Asset is 0.16 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 MXN51,780.00 is trading 18.9% below its estimated GF Value™ of MXN63,831.95. GuruFocus considers AutoZone to be Modestly Undervalued.

Key valuation signals for MEX:AZO:

LT-Debt-to-Total-Asset: 0.16
GF Value™: MXN63,831.95 vs. price of MXN51,780.00 (18.9% 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

Industry Consumer Cyclical Vehicles & Parts

Comparable Companies ORLY GPC BWA MOD APTV AUR ALSN ALV LKQ LEA TSE:5802 TSE:6902 XKRX:012330 TSE:5108 XPAR:ML SHSE:600660 XTER:KBX TSX:MG XTER:CON NSE:MOTHERSON

Other Exchanges AZO:USA 0HJL:UK AZ5:Germany AZO:Canada AZOI34:Brazil

Address 123 South Front Street, Memphis, TN, USA, 38103

Website https://www.autozone.com

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

LT-Debt-to-Total-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN51,780.00

Price

MXN63,831.95

GF Value

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