AZO vs. ULS
AZO (AutoZone, Inc.) and ULS (UL Solutions Inc) are both stocks. AZO operates in Specialty Retail (Consumer Cyclical), while ULS operates in Specialty Business Services (Industrials). Over the past year, AZO returned -15.40% vs 38.65% for ULS. At a 0.09 correlation, their price movements are largely independent.
Performance
AZO vs. ULS - Performance Comparison
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Returns By Period
In the year-to-date period, AZO achieves a -8.11% return, which is significantly lower than ULS's 23.31% return.
AZO
- 1D
- 1.13%
- 1M
- -7.44%
- YTD
- -8.11%
- 6M
- -9.56%
- 1Y
- -15.40%
- 3Y*
- 8.78%
- 5Y*
- 17.45%
- 10Y*
- 15.33%
ULS
- 1D
- -1.50%
- 1M
- -1.75%
- YTD
- 23.31%
- 6M
- 24.86%
- 1Y
- 38.65%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
AZO vs. ULS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
AZO AutoZone, Inc. | -8.11% | 5.92% | 6.49% |
ULS UL Solutions Inc | 23.31% | 59.33% | 46.87% |
Correlation
The correlation between AZO and ULS is 0.09, 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 | 0.09 |
Correlation (All Time) Calculated using the full available price history since Apr 12, 2024 | 0.09 |
Fundamentals
AZO:
$52.52B
ULS:
$19.77B
AZO:
$145.27
ULS:
$1.71
AZO:
21.45
ULS:
56.52
AZO:
1.86
ULS:
5.09
AZO:
2.66
ULS:
6.35
AZO:
$19.99B
ULS:
$3.11B
AZO:
$10.34B
ULS:
$1.54B
AZO:
$4.26B
ULS:
$725.35M
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Return for Risk
AZO vs. ULS — Risk / Return Rank
AZO
ULS
AZO vs. ULS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AutoZone, Inc. (AZO) and UL Solutions Inc (ULS). 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 | ULS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.51 | ||
| Sortino ratioReturn per unit of downside risk | -2.24 | ||
| Omega ratioGain probability vs. loss probability | 0.92 | 1.22 | -0.30 |
| Calmar ratioReturn relative to maximum drawdown | -0.47 | 1.60 | -2.07 |
| Martin ratioReturn relative to average drawdown | -1.00 | 4.04 | -5.03 |
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Drawdowns
AZO vs. ULS - Drawdown Comparison
The maximum AZO drawdown since its inception was -46.32%, which is greater than ULS's maximum drawdown of -24.34%. Use the drawdown chart below to compare losses from any high point for AZO and ULS.
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Drawdown Indicators
| AZO | ULS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -46.32% | -24.34% | -21.98% |
Max Drawdown (1Y)Largest decline over 1 year | -32.59% | -24.34% | -8.25% |
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 DrawdownCurrent decline from peak | -28.44% | -7.45% | -20.99% |
Average DrawdownAverage peak-to-trough decline | -10.88% | -5.59% | -5.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.50% | 9.59% | +5.91% |
Volatility
AZO vs. ULS - Volatility Comparison
AutoZone, Inc. (AZO) has a higher volatility of 11.64% compared to UL Solutions Inc (ULS) at 6.13%. This indicates that AZO's price experiences larger fluctuations and is considered to be riskier than ULS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AZO | ULS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.64% | 6.13% | +5.51% |
Volatility (6M)Calculated over the trailing 6-month period | 21.75% | 30.12% | -8.37% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.23% | 41.32% | -14.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.46% | 35.71% | -11.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.48% | 35.71% | -9.23% |
Dividends
AZO vs. ULS - Dividend Comparison
AZO has not paid dividends to shareholders, while ULS's dividend yield for the trailing twelve months is around 0.57%.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
AZO AutoZone, Inc. | 0.00% | 0.00% | 0.00% |
ULS UL Solutions Inc | 0.57% | 0.66% | 0.75% |
Financials
AZO vs. ULS - Financials Comparison
This section allows you to compare key financial metrics between AutoZone, Inc. and UL Solutions 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. ULS - Profitability Comparison
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%.
ULS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, UL Solutions Inc reported a gross profit of 381.00M and revenue of 758.00M. Therefore, the gross margin over that period was 50.3%.
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%.
ULS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, UL Solutions Inc reported an operating income of 138.00M and revenue of 758.00M, resulting in an operating margin of 18.2%.
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%.
ULS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, UL Solutions Inc reported a net income of 92.00M and revenue of 758.00M, resulting in a net margin of 12.1%.
Frequently Asked Questions
AZO and ULS have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AZO has higher volatility (11.64%) compared to ULS (6.13%). In terms of maximum drawdown, AZO dropped -46.32% vs ULS's -24.34%.
ULS currently has the higher Sharpe Ratio (0.94 vs -0.57), 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.
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