Who owns AutoZone? (2024)

This question is about AutoZone.

By

Zippia Team

- Sep. 14, 2022

The Vanguard Group, Inc. owns AutoZone, but a number of companies hold a stake in AutoZone.

Here is a list of some of the top companies that are AutoZone stockholders and their stake percentages:

  • The Vanguard Group, Inc. - 9.57%

  • BlackRock Fund Advisors - 5.54%

  • JP Morgan Investment Management, Inc. - 5.42%

  • Fidelity Management and Research Company - 5.05%

  • SSgA Funds Management, Inc. - 4.44%

Autozone was founded in the 1970s under the original name of Auto Shack, by Memphis-based wholesale grocer Malone Hyde. After the sale of the grocery operation to the Fleming Companies of Oklahoma City, Oklahoma, the name of the company was changed to AutoZone to reflect the new focus.

In 1991 the company began trading on the New York Stock Exchange. The late 90s saw the explosion of the retail auto part company's stores taking hold all over the United States. By 2017 AutoZone became the largest retailer of auto parts in the United States and Canada.

AutoZone is now headquartered in Memphis, Tennessee with an annual revenue of $12.6 billion in 2020, and a workforce of 87,000 employees.

Who owns AutoZone? (1)

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Who owns AutoZone? (2024)

FAQs

Who is AutoZone owned by? ›

The Vanguard Group, Inc. owns AutoZone, but a number of companies hold a stake in AutoZone. Here is a list of some of the top companies that are AutoZone stockholders and their stake percentages: The Vanguard Group, Inc.

Who are the largest shareholders of AutoZone? ›

Largest shareholders include Vanguard Group Inc, Jpmorgan Chase & Co, BlackRock Inc., State Street Corp, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, Fiera Capital Corp, VFINX - Vanguard 500 Index Fund Investor Shares, Fmr Llc, Royal Bank Of Canada, and Geode Capital Management, Llc . AutoZone, Inc.

Why did Radio Shack sue AutoZone? ›

Radio Shack contends that extensive third-party use of ZONE-related marks saps the strength of the AUTOZONE mark. Radio Shack presented evidence that 745 trademarks registered with the U.S. Patent and Trademark Office (“PTO”) use the term ZONE in various combinations.

Who is bigger, Advance or AutoZone? ›

AutoZone has 5,384 North American company-owned stores, including 402 company-owned stores in Mexico.

Who did the AutoZone buyout? ›

AutoZone acquired ALLDATA®, the leading provider of original equipment manufacturer (OEM) automotive repair information and solutions.

What did AutoZone used to be called? ›

Opened in 1979 as Auto Shack by J.R. "Pitt" Hyde III, AutoZone was created with the belief that we can offer ordinary customers clean, well-organized auto parts stores and excellent customer service.

Is AutoZone in debt? ›

AutoZone long term debt for 2022 was $6.122B, a 16.17% increase from 2021. AutoZone long term debt for 2021 was $5.27B, a 4.42% decline from 2020.

Who is the CEO for AutoZone? ›

02, 2024 (GLOBE NEWSWIRE) -- AutoZone, Inc. (NYSE: AZO) completed its Leadership Transition Plan announced on June 26, 2023 . Today, Phil Daniele , a 30-year AutoZoner, who most recently served as Chief Executive Officer-Elect, became President and Chief Executive Officer (CEO).

How rich is AutoZone? ›

Market cap: $48.36 Billion

As of May 2024 AutoZone has a market cap of $48.36 Billion. This makes AutoZone the world's 397th most valuable company by market cap according to our data.

What is the controversy with AutoZone? ›

AutoZone paid $3.3 million to settle a lawsuit by the families of a family who was killed due to being rear-ended by an AutoZone-owned truck. The suit alleges that AutoZone was negligent in training the driver of the truck.

Where is the main headquarters for AutoZone? ›

Why is AutoZone stock so high? ›

AutoZone posted quarterly revenue and profit that exceeded analysts' expectations. The company got a lift from increased merchandise profit margins and lower supply chain expenses. The news sent shares of the auto parts retailer nearly 7% higher to their all-time high Tuesday.

Who is bigger, O'Reilly's or AutoZone? ›

AutoZone is the bigger company, with 5,391 stores, while O'Reilly ended the quarter with 4,311 stores.

What does AutoZone sell the most of? ›

Today, AutoZone is the leading retailer and a leading distributor of automotive replacement parts and accessories in the U.S.

Does AutoZone make money? ›

In the fiscal year of 2023, AutoZone's net income amounted to 2.5 billion U.S. dollars.

Who is Napa Auto Parts owned by? ›

Operations. There are over 6,000 NAPA Auto Parts stores in the United States. 1,142 NAPA stores are owned by Genuine Parts Company, and the remainder are independently owned.

Who owns O Reilly? ›

The ownership structure of O'Reilly Auto (ORLY) stock is a mix of institutional, retail and individual investors. Approximately 66.90% of the company's stock is owned by Institutional Investors, 2.21% is owned by Insiders and 30.90% is owned by Public Companies and Individual Investors.

Who owns Pep Boys? ›

Pep Boys is owned by Icahn Automotive Group LLC.

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