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AUTOZONE INC FY 2025 10-K, explained in plain English

AZO · 10-K for the period ending August 30, 2025, filed October 27, 2025 · Read the original on SEC.gov →

Key financials — as reported

Total revenue$18.9B
Gross margin52.6%
Operating income$3.6B
Net income$2.5B
Diluted EPS$144.87
Cash & equivalents$271.8M
Total assets$19.4B
Long-term debt$8.8B

Key takeaway

Fiscal 2025 net sales grew 2.4% to $18.9 billion, led by 6.7% growth in domestic commercial sales and a 3.2% domestic same-store sales increase.

🔒 4 more takeaways in the full analysis

Beneath the surface

AutoZone's balance sheet shows a stockholders' deficit of $3.4 billion, meaning liabilities exceed assets—largely the result of years of debt-funded share buybacks rather than distress, since operating cash flow remains strong at $3.1 billion.

🔒 4 more insights a headline reader would miss

This is the free preview. The full analysis explains every line item above and includes 8 more findings — plus insider trades, activist stakes, and 8-K events for AZO.

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