AZO vs KMX
AutoZone Inc. and CarMax Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | AZO | KMX |
|---|---|---|
| Revenue | $18.9B | $25.9B |
| Net income | $2.5B | $247.3M |
| Gross margin | 52.6% | 10.8% |
| Net margin | 13.2% | 1.0% |
| Return on equity | · | 4.1% |
| Diluted EPS | $144.87 | $1.68 |
| Dividend / share | · | · |
| Payout ratio | · | · |
| Free cash flow | $1.8B | $1.2B |
| Equity | $-3.4B | · |
| Net debt / equity | · | 2.95× |
| Current ratio | 0.88× | 2.20× |
| Revenue CAGR 5y | 8.4% | 6.4% |
| Profit CAGR 5y | 7.6% | −19.8% |
KMX bills 1.4× the revenue of AZO, and AZO keeps more of each dollar of revenue as profit (13.2% against 1.0%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | AZO | KMX |
|---|---|---|
| FY2025 | $18.9B | $25.9B |
| FY2024 | $18.5B | $26.4B |
| FY2023 | $17.5B | $26.5B |
| FY2022 | $16.3B | $29.7B |
| FY2021 | $14.6B | $31.9B |
| FY2020 | $12.6B | $19.0B |
| FY2019 | $11.9B | $20.3B |
| FY2018 | $11.2B | $18.2B |
| FY2017 | $10.9B | $17.1B |
| FY2016 | $10.6B | $15.9B |
Bottom line
| Fiscal year | AZO | KMX |
|---|---|---|
| FY2025 | $2.5B | $247.3M |
| FY2024 | $2.7B | $500.6M |
| FY2023 | $2.5B | $479.2M |
| FY2022 | $2.4B | $484.8M |
| FY2021 | $2.2B | $1.2B |
| FY2020 | $1.7B | $746.9M |
| FY2019 | $1.6B | $888.4M |
| FY2018 | $1.3B | $842.4M |
| FY2017 | $1.3B | $664.1M |
| FY2016 | $1.2B | $627.0M |
18 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −$6,942,414,000 | KMX |
| FY2024 | −$7,863,152,000 | KMX |
| FY2023 | −$9,078,831,000 | KMX |
| FY2022 | −$13,432,670,000 | KMX |
| FY2021 | −$17,270,827,000 | KMX |
| FY2020 | −$6,318,182,000 | KMX |
| FY2019 | −$8,456,257,000 | KMX |
| FY2018 | −$6,952,023,000 | KMX |
| FY2017 | −$6,231,533,000 | KMX |
| FY2016 | −$5,239,442,000 | KMX |
| FY2015 | −$4,962,335,000 | KMX |
| FY2014 | −$4,793,403,000 | KMX |
| FY2013 | −$3,426,769,000 | KMX |
| FY2012 | −$2,358,955,000 | KMX |
| FY2011 | −$1,930,626,000 | KMX |
| FY2010 | −$1,612,936,000 | KMX |
| FY2009 | −$653,369,000 | KMX |
| FY2008 | −$451,260,000 | KMX |
KMX has reported the higher revenue in every one of these 18 fiscal years. The gap has widened since the earliest year compared.
18 of 18 comparable fiscal years — a year missing data on either side is not counted.
18 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +12.2 pp | AZO |
| FY2024 | +12.5 pp | AZO |
| FY2023 | +12.7 pp | AZO |
| FY2022 | +13.3 pp | AZO |
| FY2021 | +11.2 pp | AZO |
| FY2020 | +9.8 pp | AZO |
| FY2019 | +9.3 pp | AZO |
| FY2018 | +7.3 pp | AZO |
| FY2017 | +7.9 pp | AZO |
| FY2016 | +7.7 pp | AZO |
| FY2015 | +7.3 pp | AZO |
| FY2014 | +7.1 pp | AZO |
| FY2013 | +7.2 pp | AZO |
| FY2012 | +6.9 pp | AZO |
| FY2011 | +6.4 pp | AZO |
| FY2010 | +5.8 pp | AZO |
| FY2009 | +5.9 pp | AZO |
| FY2008 | +9.0 pp | AZO |
AZO has kept the higher net margin in every one of these 18 fiscal years.
18 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
AZO's net margin has been more volatile than KMX's over the 18 comparable fiscal years — 1.7 percentage points of standard deviation against 1.2.
18 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
AZO led in net margin in every one of the 18 comparable fiscal years — a structural lead, not a recent swing.
18 of 18 comparable fiscal years — a year missing data on either side is not counted.