AZONEUTRAL

AZO Debt-to-Equity Ratio Analysis

-3.24x

Higher than 0% of Consumer Cyclical sector peers

Updated 36h ago·SEC filings & market data

Key Takeaway

Debt-to-equity (D/E) compares a company's total liabilities to its shareholders' equity, measuring how much of the business is funded by debt versus owners' capital.

Sector Performance

0th percentile

AZO

-3.24x

Sector Median

0.47x

Sector Avg

2.02x

Prior Period

-4.42x(Jun 2026)

↓ Declining

📊

Deep Analysis

Debt-to-equity (D/E) compares a company's total liabilities to its shareholders' equity, measuring how much of the business is funded by debt versus owners' capital.

AutoZone's -3.24x means its liabilities exceed its total assets, leaving a negative book equity balance, which typically results from years of aggressive share buybacks funded by debt. This sits far below the Consumer Cyclical sector median of 0.47x, placing the company at the 0th percentile, so virtually all sector peers carry a more conventional positive equity base. Trend information is unavailable, as both the year-over-year and quarter-over-quarter changes are reported as N/A, and no historical values

Frequently Asked Questions

What does the Debt-to-Equity Ratio tell investors about AZO?

Shows how much a company is financing its operations through debt vs shareholder funds. High D/E can amplify returns — and losses.

How is the Debt-to-Equity Ratio calculated?

Debt-to-Equity Ratio is calculated as: Total Debt / Shareholders' Equity.

How does AZO's Debt-to-Equity Ratio compare to its sector?

AZO's Debt-to-Equity Ratio of -3.24x compares to a Consumer Cyclical sector median of 0.47x, placing it in the 0th percentile.

Who are AZO's closest peers by Debt-to-Equity Ratio?

The closest Consumer Cyclical peers by Debt-to-Equity Ratio include: ROL (0.49x), BOOT (0.59x), CAVA (0.62x), BWA (0.69x), GME (0.71x).

📚

Learn More About Debt-to-Equity Ratio

How to Spot a Debt Problem Before It Hits the Stock Price

Learn how to spot a debt problem in stocks using D/E, interest coverage, and net debt/EBITDA ratios. Real examples from META and MSFT, plus danger thresholds you need to know.

Debt/Equity Ratio: How Much Debt Is Too Much?

The debt to equity ratio explained: why context, interest coverage, and sector norms matter far more than the raw number when assessing debt risk.

The Formula

Total Debt / Shareholders' Equity

Why It Matters

Shows how much a company is financing its operations through debt vs shareholder funds. High D/E can amplify returns — and losses.