AutoZoneMEX:AZO 91 Net Margin % is 13.25% as of May. 2026, which is 3% below its 10-year median of 13.68. 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. Among 1,326 Vehicles & Parts companies, AutoZone ranks better than 89.37% on this metric.
Net margin is calculated as Net Income divided by its Revenue. AutoZone's Net Income for the
three
months ended in May. 2026 was MXN11,130 Mil. AutoZone's Revenue for the
three
months ended in May. 2026 was MXN83,990 Mil. Therefore, AutoZone's net margin for the quarter that ended in May. 2026 was 13.25%.
The historical rank and industry rank for AutoZone's Net Margin % or its related term are showing as below:
MEX:AZO'
s Net Margin % Range Over the Past 10 Years
Min: 11.67 Med: 13.68 Max: 14.95
Current: 12.4
MEX:AZO's Net Margin % is ranked better than 89.37% of 1326
companies
in the Vehicles & Parts industry
Industry Median: 3.205
vs MEX:AZO: 12.40
AutoZone (MEX:AZO) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
AutoZone Net Margin % Related Terms
AutoZone Net Margin % Historical Data
* Premium members only.
The historical data trend for AutoZone's Net Margin % 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.
MEX:AZO vs ORLY, BWA, MOD: Net Margin % Comparison
For the Auto Parts subindustry, AutoZone's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, AutoZone's Net Margin % distribution charts can be found below:
* The bar in red indicates where AutoZone's Net Margin % falls into.
* 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 (MEX:AZO) has a Net Margin % of 13.25% as of May. 2026. Net margin is the ratio of total net income to net sales. View historical data on AutoZone and its competitors. This is near median its historical median of 13.68. Over the past decade, AutoZone's Net Margin % has ranged from 11.67 to 14.95. According to the industry distribution chart, AutoZone ranks #141 out of 1326 companies in the Vehicles & Parts industry, placing it in the top 10.6%.
Is AutoZone's Net Margin % too high?
AutoZone's current Net Margin % of 13.25% is near median its 10-year median of 13.68. Over the past 10 years, this metric has ranged from a low of 11.67 to a high of 14.95. The Vehicles & Parts industry median Net Margin % is 3.21. AutoZone's value of 13.25% is 313.4% above this industry median. Based on the distribution chart, AutoZone ranks #141 out of 1326 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. 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 Net Margin % compare to ORLY and BWA?
According to the Vehicles & Parts industry distribution chart, AutoZone ranks #141 out of 1326 companies for Net Margin %. This places AutoZone in the top 11% of its industry — outperforming the majority of peers. The industry median Net Margin % is 3.21. AutoZone's value of 13.25% is 313.4% above this benchmark. Historically, AutoZone's own Net Margin % has ranged from 11.67 to 14.95 over the past decade. While the company's 10-year median is 13.68 vs. the industry median of 3.21, 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 Net Margin % for a Vehicles & Parts company?
The median Net Margin % among Vehicles & Parts companies is 3.21, based on 1,326 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. AutoZone's current Net Margin % of 13.25% is 313.4% 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on AutoZone and its competitors. For the Vehicles & Parts industry, the median Net Margin % is 3.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AutoZone's current Net Margin % is 13.25%, which is near median its own 10-year median of 13.68. 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 Net Margin % is 13.25%, which is near median its 10-year median of 13.68 and 313.4% above the Vehicles & Parts industry median of 3.21. 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 Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For AutoZone (MEX:AZO), the current Net Margin % is 13.25% 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:
Net Margin %: 13.25% (near median its 10-year median of 13.68)
GF Value™: MXN62,981.09 vs. price of MXN53,230.00 (15.5% below fair value)
Industry Position: 313.4% above the Vehicles & Parts median (#141 of 1326)
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.
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
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