AZO · Operating margin
Computed from AZO's latest annual filing — every figure below is the filed value, cited to the filing, never estimated.
| Line item | Aug 2016 | Aug 2017 | Aug 2018 | Aug 2019 | Aug 2020 | Aug 2021 | Aug 2022 | Aug 2023 | Aug 2024 | Aug 2025 | TTM* ended 2026-05-09 — derived: computed by Echelon from filed periods, not as filed |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 10,636 (accession 0001193125-18-306452) | 10,889 (accession 0001193125-19-276201) | 11,221 (accession 0001558370-20-011748) | 11,864 (accession 0001558370-21-013446) | 12,632 (accession 0001558370-22-015239) | 14,630 (accession 0001558370-23-016668) | 16,252 (accession 0001558370-24-013758) | 17,457 (accession 0001104659-25-102611) | 18,490 (accession 0001104659-25-102611) | 18,939 (accession 0001104659-25-102611) | 19,986 |
| YoY | +4.4% | +2.4% | +3.1% | +5.7% | +6.5% | +15.8% | +11.1% | +7.4% | +5.9% | +2.4% | — |
| Cost of revenue | 5,027 (accession 0001193125-18-306452) | 5,149 (accession 0001193125-19-276201) | 5,247 (accession 0001558370-20-011748) | 5,499 (accession 0001558370-21-013446) | 5,861 (accession 0001558370-22-015239) | 6,912 (accession 0001558370-23-016668) | 7,780 (accession 0001558370-24-013758) | 8,387 (accession 0001104659-25-102611) | 8,673 (accession 0001104659-25-102611) | 8,972 (accession 0001104659-25-102611) | 9,643 |
| YoY | +3.4% | +2.4% | +1.9% | +4.8% | +6.6% | +17.9% | +12.6% | +7.8% | +3.4% | +3.4% | — |
| Gross profit | 5,609 (accession 0001193125-18-306452) | 5,740 (accession 0001193125-19-276201) | 5,974 (accession 0001558370-20-011748) | 6,365 (accession 0001558370-21-013446) | 6,771 (accession 0001558370-22-015239) | 7,718 (accession 0001558370-23-016668) | 8,473 (accession 0001558370-24-013758) | 9,070 (accession 0001104659-25-102611) | 9,817 (accession 0001104659-25-102611) | 9,966 (accession 0001104659-25-102611) | 10,344 |
| YoY | +5.3% | +2.3% | +4.1% | +6.5% | +6.4% | +14% | +9.8% | +7.1% | +8.2% | +1.5% | — |
| Operating expenses | — | — | — | — | — | — | — | — | — | — | 2,872 |
| Operating income | 2,060 (accession 0001193125-18-306452) | 2,080 (accession 0001193125-19-276201) | 1,811 (accession 0001558370-20-011748) | 2,216 (accession 0001558370-21-013446) | 2,418 (accession 0001558370-22-015239) | 2,945 (accession 0001558370-23-016668) | 3,271 (accession 0001558370-24-013758) | 3,474 (accession 0001104659-25-102611) | 3,789 (accession 0001104659-25-102611) | 3,610 (accession 0001104659-25-102611) | 3,602 |
| YoY | +5.5% | +1% | -12.9% | +22.4% | +9.1% | +21.8% | +11.1% | +6.2% | +9.1% | -4.7% | — |
| Net income | 1,241 (accession 0001193125-18-306452) | 1,281 (accession 0001193125-19-276201) | 1,338 (accession 0001558370-20-011748) | 1,617 (accession 0001558370-21-013446) | 1,733 (accession 0001558370-22-015239) | 2,170 (accession 0001558370-23-016668) | 2,430 (accession 0001558370-24-013758) | 2,528 (accession 0001104659-25-102611) | 2,662 (accession 0001104659-25-102611) | 2,498 (accession 0001104659-25-102611) | 2,478 |
| YoY | +7% | +3.2% | +4.4% | +20.9% | +7.2% | +25.2% | +11.9% | +4.1% | +5.3% | -6.2% | — |
| Diluted EPS | 40.70 (accession 0001193125-18-306452) | 44.07 (accession 0001193125-19-276201) | 48.77 (accession 0001558370-20-011748) | 63.43 (accession 0001558370-21-013446) | 71.93 (accession 0001558370-22-015239) | 95.19 (accession 0001558370-23-016668) | 117.19 (accession 0001558370-24-013758) | 132.36 (accession 0001104659-25-102611) | 149.55 (accession 0001104659-25-102611) | 144.87 (accession 0001104659-25-102611) | — |
| YoY | +13% | +8.3% | +10.7% | +30.1% | +13.4% | +32.3% | +23.1% | +12.9% | +13% | -3.1% | — |
USD lines in millions; EPS per share. Annual columns are fiscal years, labeled by their period-end month (a filer's own fiscal label may differ). “—” is an honest gap: the filer did not tag that line for that period. *TTM (twelve months ended 2026-05-09) is computed from filed periods — latest fiscal year plus newer quarters minus their year-ago pairs; each line’s full trail rides the CSV export. Every column cites its accession in the export. Figures as filed via SEC EDGAR, never estimated.
Answers come strictly from AZO's 10-K filed 2025-10-27, and every answer links the exact passages it used. Questions asking what to do with the stock are refused — that's the point.
Operating income as a share of revenue — what remains after both the direct cost of sales and the operating expenses (R&D, sales & marketing, G&A) that run the business. It measures how much of the gross margin survives the cost of operating the company.
Operating margin = Operating income ÷ Revenue
Each one computed from the same filings and cited the same way.
Educational use only — not investment advice. Figures come from public SEC filings; Echelon teaches you to analyze data, it never recommends buying or selling any security.