AZO vs PAG
AutoZone Inc. and Penske Automotive Group, Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | AZO | PAG |
|---|---|---|
| Revenue | $18.9B | $31.8B |
| Net income | $2.5B | $935.4M |
| Gross margin | 52.6% | 16.4% |
| Net margin | 13.2% | 2.9% |
| Return on equity | · | 17.1% |
| Diluted EPS | $144.87 | $14.13 |
| Dividend / share | · | $5.18 |
| Payout ratio | · | 36.8% |
| Free cash flow | $1.8B | $650.5M |
| Equity | $-3.4B | $5.6B |
| Net debt / equity | · | 0.38× |
| Current ratio | 0.88× | 0.99× |
| Revenue CAGR 5y | 8.4% | 9.2% |
| Profit CAGR 5y | 7.6% | 11.5% |
PAG bills 1.7× the revenue of AZO, and AZO keeps more of each dollar of revenue as profit (13.2% against 2.9%).
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 | PAG |
|---|---|---|
| FY2025 | $18.9B | $31.8B |
| FY2024 | $18.5B | $31.9B |
| FY2023 | $17.5B | $30.9B |
| FY2022 | $16.3B | $27.8B |
| FY2021 | $14.6B | $25.6B |
| FY2020 | $12.6B | $20.4B |
| FY2019 | $11.9B | $23.2B |
| FY2018 | $11.2B | $22.8B |
| FY2017 | $10.9B | $21.4B |
| FY2016 | $10.6B | $20.1B |
Bottom line
| Fiscal year | AZO | PAG |
|---|---|---|
| FY2025 | $2.5B | $935.4M |
| FY2024 | $2.7B | $968.9M |
| FY2023 | $2.5B | $1.1B |
| FY2022 | $2.4B | $1.4B |
| FY2021 | $2.2B | $1.2B |
| FY2020 | $1.7B | $543.6M |
| FY2019 | $1.6B | $435.8M |
| FY2018 | $1.3B | $471.0M |
| FY2017 | $1.3B | $613.3M |
| FY2016 | $1.2B | $342.9M |
18 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −$12,869,783,000 | PAG |
| FY2024 | −$13,374,532,000 | PAG |
| FY2023 | −$13,459,291,000 | PAG |
| FY2022 | −$11,562,570,000 | PAG |
| FY2021 | −$10,925,115,000 | PAG |
| FY2020 | −$7,811,933,000 | PAG |
| FY2019 | −$11,315,657,000 | PAG |
| FY2018 | −$11,564,023,000 | PAG |
| FY2017 | −$10,498,224,000 | PAG |
| FY2016 | −$9,482,824,000 | PAG |
| FY2015 | −$9,097,560,000 | PAG |
| FY2014 | −$7,756,687,000 | PAG |
| FY2013 | −$5,334,970,000 | PAG |
| FY2012 | −$4,298,737,000 | PAG |
| FY2011 | −$2,966,427,000 | PAG |
| FY2010 | −$2,580,732,000 | PAG |
| FY2009 | −$2,195,393,000 | PAG |
| FY2008 | −$5,114,430,000 | PAG |
PAG 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 | +10.2 pp | AZO |
| FY2024 | +11.3 pp | AZO |
| FY2023 | +10.9 pp | AZO |
| FY2022 | +10.0 pp | AZO |
| FY2021 | +10.2 pp | AZO |
| FY2020 | +11.1 pp | AZO |
| FY2019 | +11.8 pp | AZO |
| FY2018 | +9.9 pp | AZO |
| FY2017 | +8.9 pp | AZO |
| FY2016 | +9.9 pp | AZO |
| FY2015 | +9.7 pp | AZO |
| FY2014 | +9.6 pp | AZO |
| FY2013 | +9.4 pp | AZO |
| FY2012 | +9.4 pp | AZO |
| FY2011 | +8.9 pp | AZO |
| FY2010 | +8.9 pp | AZO |
| FY2009 | +8.8 pp | AZO |
| FY2008 | +13.4 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
PAG's net margin has been more volatile than AZO's over the 18 comparable fiscal years — 1.8 percentage points of standard deviation against 1.7.
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.