CMTL vs. AZO
CMTL (Comtech Telecommunications Corp.) and AZO (AutoZone, Inc.) are both stocks. CMTL operates in Communication Equipment (Technology), while AZO operates in Specialty Retail (Consumer Cyclical). Over the past 10 years, CMTL returned -13.54%/yr vs 14.75%/yr for AZO. At a 0.13 correlation, their price movements are largely independent.
Performance
CMTL vs. AZO - Performance Comparison
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Returns By Period
In the year-to-date period, CMTL achieves a -54.82% return, which is significantly lower than AZO's -10.17% return. Over the past 10 years, CMTL has underperformed AZO with an annualized return of -13.54%, while AZO has yielded a comparatively higher 14.75% annualized return.
CMTL
- 1D
- -1.24%
- 1M
- -50.10%
- YTD
- -54.82%
- 6M
- -46.05%
- 1Y
- -7.72%
- 3Y*
- -36.01%
- 5Y*
- -37.81%
- 10Y*
- -13.54%
AZO
- 1D
- 3.30%
- 1M
- -10.57%
- YTD
- -10.17%
- 6M
- -12.04%
- 1Y
- -17.87%
- 3Y*
- 7.92%
- 5Y*
- 15.93%
- 10Y*
- 14.75%
CMTL vs. AZO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CMTL Comtech Telecommunications Corp. | -54.82% | 31.92% | -52.43% | -30.04% | -47.10% | 16.52% | -40.46% | 48.02% | 11.56% | 91.66% |
AZO AutoZone, Inc. | -10.17% | 5.92% | 23.84% | 4.84% | 17.64% | 76.84% | -0.49% | 42.10% | 17.85% | -9.93% |
Correlation
The correlation between CMTL and AZO is -0.05, 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 | -0.05 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.01 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.05 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.09 |
Correlation (All Time) Calculated using the full available price history since Feb 18, 1992 | 0.13 |
The correlation between CMTL and AZO shifts across timeframes, from -0.05 (1 year) to 0.13 (all time), reflecting how their relationship changes across market environments.
Fundamentals
CMTL:
$71.78M
AZO:
$51.34B
CMTL:
-$479.78K
AZO:
$145.27
CMTL:
0.00
AZO:
2.60
CMTL:
$106.00T
AZO:
$19.99B
CMTL:
$36.07T
AZO:
$10.34B
CMTL:
$1.52T
AZO:
$4.26B
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Return for Risk
CMTL vs. AZO — Risk / Return Rank
CMTL
AZO
CMTL vs. AZO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Comtech Telecommunications Corp. (CMTL) and AutoZone, Inc. (AZO). 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.
| CMTL | AZO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.57 | ||
| Sortino ratioReturn per unit of downside risk | +1.31 | ||
| Omega ratioGain probability vs. loss probability | 1.08 | 0.91 | +0.17 |
| Calmar ratioReturn relative to maximum drawdown | -0.13 | -0.55 | +0.42 |
| Martin ratioReturn relative to average drawdown | -0.34 | -1.11 | +0.77 |
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Drawdowns
CMTL vs. AZO - Drawdown Comparison
The maximum CMTL drawdown since its inception was -96.69%, which is greater than AZO's maximum drawdown of -46.32%. Use the drawdown chart below to compare losses from any high point for CMTL and AZO.
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Drawdown Indicators
| CMTL | AZO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.69% | -46.32% | -50.37% |
Max Drawdown (1Y)Largest decline over 1 year | -60.03% | -32.59% | -27.44% |
Max Drawdown (3Y)Largest decline over 3 years | -90.21% | -32.59% | -57.62% |
Max Drawdown (5Y)Largest decline over 5 years | -95.27% | -32.59% | -62.68% |
Max Drawdown (10Y)Largest decline over 10 years | -96.42% | -42.14% | -54.28% |
Current DrawdownCurrent decline from peak | -93.66% | -30.04% | -63.62% |
Average DrawdownAverage peak-to-trough decline | -47.48% | -10.90% | -36.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 22.96% | 16.16% | +6.80% |
Volatility
CMTL vs. AZO - Volatility Comparison
Comtech Telecommunications Corp. (CMTL) has a higher volatility of 65.06% compared to AutoZone, Inc. (AZO) at 12.36%. This indicates that CMTL's price experiences larger fluctuations and is considered to be riskier than AZO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CMTL | AZO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 65.06% | 12.36% | +52.70% |
Volatility (6M)Calculated over the trailing 6-month period | 86.88% | 22.23% | +64.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 94.67% | 27.70% | +66.97% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 92.51% | 24.57% | +67.94% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 75.14% | 26.55% | +48.59% |
Dividends
CMTL vs. AZO - Dividend Comparison
Neither CMTL nor AZO 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% |
CMTL Comtech Telecommunications Corp. | 0.00% | 0.00% | 0.00% | 1.19% | 3.29% | 1.69% | 1.93% | 1.13% | 1.64% | 1.81% | 10.13% | 5.97% |
Financials
CMTL vs. AZO - Financials Comparison
This section allows you to compare key financial metrics between Comtech Telecommunications Corp. and AutoZone, 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
CMTL vs. AZO - Profitability Comparison
CMTL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Comtech Telecommunications Corp. reported a gross profit of 36.07T and revenue of 106.00T. Therefore, the gross margin over that period was 34.0%.
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%.
CMTL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Comtech Telecommunications Corp. reported an operating income of 1.52T and revenue of 106.00T, resulting in an operating margin of 1.4%.
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%.
CMTL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Comtech Telecommunications Corp. reported a net income of -14.26T and revenue of 106.00T, resulting in a net margin of -13.5%.
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%.
Frequently Asked Questions
CMTL and AZO have a correlation of -0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CMTL has higher volatility (65.06%) compared to AZO (12.36%). In terms of maximum drawdown, CMTL dropped -96.69% vs AZO's -46.32%.
CMTL currently has the higher Sharpe Ratio (-0.08 vs -0.65), 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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