Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. AutoZone's Pre-Tax Income for the
three
months ended in Feb. 2024 was $641 Mil. AutoZone's Revenue for the
three
months ended in Feb. 2024 was $3,859 Mil. Therefore, AutoZone's pretax margin for the quarter that ended in Feb. 2024 was 16.60%.
The historical rank and industry rank for AutoZone's Pretax Margin % or its related term are showing as below:
AZO'
s Pretax Margin % Range Over the Past 10 Years
Min: 14.58 Med: 17.69 Max: 18.95
Current: 18.48
AZO's Pretax Margin % is ranked better than 93.51% of 1110
companies
in the Retail - Cyclical industry
Industry Median: 2.945
vs AZO: 18.48
AutoZone Pretax Margin % Historical Data
The historical data trend for AutoZone's Pretax 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.
Competitive Comparison of AutoZone's Pretax Margin %
For the Specialty Retail subindustry, AutoZone's Pretax Margin %, along with its competitors' market caps and Pretax 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's Pretax Margin % Distribution in the Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, AutoZone's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where AutoZone's Pretax Margin % falls into.
AutoZone Pretax Margin % Calculation
Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.
AutoZone's Pretax Margin for the fiscal year that ended in Aug. 2023 is calculated as
* 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 (NYSE:AZO) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
AutoZone Pretax Margin % Related Terms
Thank you for viewing the detailed overview of AutoZone's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
AutoZone is the premier seller of aftermarket automotive parts, tools, and accessories to do-it-yourself customers in the United States. The company derives an increasing proportion of its sales from domestic commercial customers, although its presence in its home market is still dominated by its do-it-yourself operation, which accounts for around 70% of sales in country. AutoZone also has a growing presence in Mexico and Brazil. AutoZone had 7,140 stores in the U.S. (6,300), Mexico (740), and Brazil (100) as of the end of fiscal 2023.
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