AZO vs. SCS

Last updated Jun 9, 2026

AZO (AutoZone, Inc.) and SCS (Steelcase Inc.) are both stocks. AZO operates in Specialty Retail (Consumer Cyclical), while SCS operates in Business Equipment & Supplies (Industrials). At a 0.23 correlation, their price movements are largely independent.

Performance

AZO vs. SCS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AutoZone, Inc. (AZO) and Steelcase Inc. (SCS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

AZO

• 1D: -1.36%
• 1M: -12.07%
• YTD: -9.36%
• 6M: -18.39%
• 1Y: -17.35%
• 3Y*: 9.16%
• 5Y*: 17.26%
• 10Y*: 15.09%

SCS

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

AZO vs. SCS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
AZO AutoZone, Inc.	-9.36%	5.92%	23.84%	4.84%	17.64%	76.84%	-0.49%	42.10%	17.85%	-9.93%
SCS Steelcase Inc.	0.00%	39.89%	-9.11%	97.75%	-36.31%	-9.87%	-31.43%	42.60%	1.19%	-12.18%

Correlation

The correlation between AZO and SCS is 0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.04
Correlation (3Y) Calculated over the trailing 3-year period	0.13
Correlation (5Y) Calculated over the trailing 5-year period	0.19
Correlation (10Y) Calculated over the trailing 10-year period	0.22
Correlation (All Time) Calculated using the full available price history since Feb 20, 1998	0.24

The correlation between AZO and SCS shifts across timeframes, from 0.04 (1 year) to 0.23 (all time), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap AZO : $51.80B SCS : $1.93B
EPS AZO : $145.27 SCS : $0.80
PE Ratio AZO : 21.16 SCS : 20.20
PEG Ratio AZO : 1.83 SCS : 0.09
PS Ratio AZO : 2.62 SCS : 0.59
Total Revenue (TTM) AZO : $19.99B SCS : $3.26B
Gross Profit (TTM) AZO : $10.34B SCS : $1.09B
EBITDA (TTM) AZO : $4.26B SCS : $208.30M

Return for Risk

AZO vs. SCS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AZO

AZO Risk / Return Rank: 17
AZO Sharpe Ratio Rank: 14
AZO Sortino Ratio Rank: 16
AZO Omega Ratio Rank: 16
AZO Calmar Ratio Rank: 23
AZO Martin Ratio Rank: 17

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AZO vs. SCS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AutoZone, Inc. (AZO) and Steelcase Inc. (SCS). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	AZO	SCS	Difference
Sharpe ratio: Return per unit of total volatility	-0.64	—	—
Sortino ratio: Return per unit of downside risk	-0.73	—	—
Omega ratio: Gain probability vs. loss probability	0.91	—	—
Calmar ratio: Return relative to maximum drawdown	-0.53	—	—
Martin ratio: Return relative to average drawdown	-1.15	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	AZO	SCS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.64	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.71	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.57	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.63	—	—

Drawdowns

Drawdown Indicators

	AZO	SCS	Difference
Max Drawdown Largest peak-to-trough decline	-46.32%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-32.59%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-32.59%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-32.59%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-42.14%	—	—
Current Drawdown Current decline from peak	-29.41%	—	—
Average Drawdown Average peak-to-trough decline	-10.88%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	15.08%	—	—

Volatility

Volatility by Period

	AZO	SCS	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.38%	—	—
Volatility (6M) Calculated over the trailing 6-month period	22.93%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	27.20%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.45%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.48%	—	—

Dividends

AZO vs. SCS - Dividend Comparison

Neither AZO nor SCS has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AZO AutoZone, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SCS Steelcase Inc.	1.24%	1.86%	4.23%	2.22%	6.93%	4.56%	2.73%	2.83%	3.64%	3.36%	3.31%	2.27%

Financials

AZO vs. SCS - Profitability Comparison

The chart below illustrates the profitability comparison between AutoZone, Inc. and Steelcase Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

AZO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, AutoZone, Inc. reported a gross profit of 2.52B and revenue of 4.84B. Therefore, the gross margin over that period was 52.2%.

SCS - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Steelcase Inc. reported a gross profit of 312.10M and revenue of 897.10M. Therefore, the gross margin over that period was 34.8%.

AZO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, AutoZone, Inc. reported an operating income of 923.76M and revenue of 4.84B, resulting in an operating margin of 19.1%.

SCS - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Steelcase Inc. reported an operating income of 53.10M and revenue of 897.10M, resulting in an operating margin of 5.9%.

AZO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, AutoZone, Inc. reported a net income of 641.49M and revenue of 4.84B, resulting in a net margin of 13.3%.

SCS - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Steelcase Inc. reported a net income of 35.00M and revenue of 897.10M, resulting in a net margin of 3.9%.

Frequently Asked Questions

Can I hold both AZO and SCS in my portfolio?

AZO and SCS have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.