AZO vs. THO
AZO (AutoZone, Inc.) and THO (Thor Industries, Inc.) are both stocks. Both are in the Consumer Cyclical sector — AZO in Specialty Retail, THO in Recreational Vehicles. Over the past 10 years, AZO returned 14.20%/yr vs 2.62%/yr for THO. At a 0.24 correlation, their price movements are largely independent.
Performance
AZO vs. THO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, AZO achieves a -9.34% return, which is significantly higher than THO's -25.08% return. Over the past 10 years, AZO has outperformed THO with an annualized return of 14.20%, while THO has yielded a comparatively lower 2.62% annualized return.
AZO
- 1D
- 3.96%
- 1M
- -1.33%
- 6M
- -5.24%
- YTD
- -9.34%
- 1Y
- -18.88%
- 3Y*
- 7.58%
- 5Y*
- 14.87%
- 10Y*
- 14.20%
THO
- 1D
- -0.30%
- 1M
- 0.43%
- 6M
- -29.66%
- YTD
- -25.08%
- 1Y
- -15.15%
- 3Y*
- -7.39%
- 5Y*
- -4.88%
- 10Y*
- 2.62%
AZO vs. THO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AZO AutoZone, Inc. | -9.34% | 5.92% | 23.84% | 4.84% | 17.64% | 76.84% | -0.49% | 42.10% | 17.85% | -9.93% |
THO Thor Industries, Inc. | -25.08% | 9.74% | -17.90% | 59.77% | -25.57% | 13.26% | 27.97% | 46.47% | -64.79% | 52.43% |
Correlation
The correlation between AZO and THO is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.13 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.16 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.19 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.24 |
Correlation (All Time) Calculated using the full available price history since Apr 2, 1991 | 0.24 |
The correlation between AZO and THO shifts across timeframes, from 0.13 (1 year) to 0.24 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
AZO:
$50.20B
THO:
$3.93B
AZO:
$145.27
THO:
$4.93
AZO:
21.17
THO:
15.31
AZO:
2.62
THO:
0.41
AZO:
$19.99B
THO:
$9.82B
AZO:
$10.34B
THO:
$1.21B
AZO:
$4.26B
THO:
$489.04M
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
AZO vs. THO — Risk / Return Rank
AZO
THO
AZO vs. THO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AutoZone, Inc. (AZO) and Thor Industries, Inc. (THO). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| AZO | THO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.27 | ||
| Sortino ratioReturn per unit of downside risk | -0.44 | ||
| Omega ratioGain probability vs. loss probability | 0.90 | 0.96 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | -0.58 | -0.38 | -0.20 |
| Martin ratioReturn relative to average drawdown | -1.11 | -0.72 | -0.39 |
Loading charts...
Drawdowns
AZO vs. THO - Drawdown Comparison
The maximum AZO drawdown since its inception was -46.32%, smaller than the maximum THO drawdown of -79.55%. Use the drawdown chart below to compare losses from any high point for AZO and THO.
Loading charts...
Drawdown Indicators
| AZO | THO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -46.32% | -79.55% | +33.23% |
Max Drawdown (1Y)Largest decline over 1 year | -32.59% | -39.83% | +7.24% |
Max Drawdown (3Y)Largest decline over 3 years | -32.59% | -48.40% | +15.81% |
Max Drawdown (5Y)Largest decline over 5 years | -32.59% | -48.40% | +15.81% |
Max Drawdown (10Y)Largest decline over 10 years | -42.14% | -76.94% | +34.80% |
Current DrawdownCurrent decline from peak | -29.39% | -44.45% | +15.06% |
Average DrawdownAverage peak-to-trough decline | -10.92% | -24.19% | +13.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.03% | 21.06% | -4.03% |
Volatility
AZO vs. THO - Volatility Comparison
AutoZone, Inc. (AZO) and Thor Industries, Inc. (THO) have volatilities of 10.92% and 11.13%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| AZO | THO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.92% | 11.13% | -0.21% |
Volatility (6M)Calculated over the trailing 6-month period | 23.58% | 28.13% | -4.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.20% | 38.27% | -10.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.80% | 40.93% | -16.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.65% | 44.32% | -17.67% |
Dividends
AZO vs. THO - Dividend Comparison
AZO has not paid dividends to shareholders, while THO's dividend yield for the trailing twelve months is around 2.75%.
| 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% |
THO Thor Industries, Inc. | 2.75% | 1.97% | 1.53% | 1.57% | 2.33% | 1.62% | 1.74% | 2.13% | 2.92% | 0.93% | 1.26% | 2.03% |
Financials
AZO vs. THO - Financials Comparison
This section allows you to compare key financial metrics between AutoZone, Inc. and Thor Industries, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
AZO vs. THO - Profitability Comparison
AZO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 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%.
THO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Thor Industries, Inc. reported a gross profit of 354.77M and revenue of 2.78B. Therefore, the gross margin over that period was 12.8%.
AZO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, AutoZone, Inc. reported an operating income of 923.76M and revenue of 4.84B, resulting in an operating margin of 19.1%.
THO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Thor Industries, Inc. reported an operating income of 96.02M and revenue of 2.78B, resulting in an operating margin of 3.5%.
AZO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, AutoZone, Inc. reported a net income of 641.49M and revenue of 4.84B, resulting in a net margin of 13.3%.
THO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Thor Industries, Inc. reported a net income of 95.54M and revenue of 2.78B, resulting in a net margin of 3.4%.
Frequently Asked Questions
AZO and THO have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
THO has higher volatility (11.13%) compared to AZO (10.92%). In terms of maximum drawdown, AZO dropped -46.32% vs THO's -79.55%.
THO currently has the higher Sharpe Ratio (-0.40 vs -0.67), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for AZO and THO
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer