Is it safe?
Can AZO take a bad year?
AutoZone carries $8.76B of net debt at 2.26× EBITDA: a load its earnings can carry.
$8.76B
Net debt · as at Q3 2026 · under two and a half years of EBITDA, comfortable
- Net debt / EBITDA
- 2.26×
Net debt / EBITDA · 2.35× a year ago · the load is coming down
- Altman Z-score
- 2.58
Altman Z-score · grey zone, between 1.8 and 3
- Annualised volatility
- 25%
Annualised volatility · about as steady as the market itself
Details›
- Total debtQ3 2026
- $9.02B
- Cash and short-term investments
- $254M
- Net debt
- $8.76B
- EBITDA, trailing twelve months
- $3.88B
- Operating profit, trailing twelve months
- $3.27B
- Total debt / EBITDA
- 2.32×
- Annualised volatilitytwo years of daily moves
- 25%
- Worst drawdown on file
- −42%
- Below its 52-week high
- −31%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.