ORLY vs. AZO

Last updated Apr 1, 2026

Compare and contrast key facts about O'Reilly Automotive, Inc. (ORLY) and AutoZone, Inc. (AZO).

Performance

ORLY vs. AZO - Performance Comparison

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

ORLY vs. AZO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ORLY O'Reilly Automotive, Inc.	1.21%	15.38%	24.81%	12.56%	19.51%	56.05%	3.27%	27.28%	43.15%	-13.60%
AZO AutoZone, Inc.	-0.40%	5.92%	23.84%	4.84%	17.64%	76.84%	-0.49%	42.10%	17.85%	-9.93%

Fundamentals

EPS ORLY : $2.97 AZO : $142.46
PE Ratio ORLY : 31.06 AZO : 23.71
PEG Ratio ORLY : 3.34 AZO : 2.05
PS Ratio ORLY : 4.43 AZO : 2.96
Total Revenue (TTM) ORLY : $17.78B AZO : $19.61B
Gross Profit (TTM) ORLY : $9.17B AZO : $10.17B
EBITDA (TTM) ORLY : $3.85B AZO : $4.19B

Returns By Period

In the year-to-date period, ORLY achieves a 1.21% return, which is significantly higher than AZO's -0.40% return. Over the past 10 years, ORLY has outperformed AZO with an annualized return of 17.42%, while AZO has yielded a comparatively lower 15.41% annualized return.

ORLY

• 1D: 0.22%
• 1M: -1.67%
• YTD: 1.21%
• 6M: -14.38%
• 1Y: -3.35%
• 3Y*: 17.71%
• 5Y*: 22.22%
• 10Y*: 17.42%

AZO

• 1D: 1.06%
• 1M: -10.06%
• YTD: -0.40%
• 6M: -21.27%
• 1Y: -11.41%
• 3Y*: 11.18%
• 5Y*: 18.94%
• 10Y*: 15.41%

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

Return for Risk

ORLY vs. AZO — Risk / Return Rank

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

ORLY

ORLY Risk / Return Rank: 35
ORLY Sharpe Ratio Rank: 35
ORLY Sortino Ratio Rank: 29
ORLY Omega Ratio Rank: 29
ORLY Calmar Ratio Rank: 40
ORLY Martin Ratio Rank: 39

AZO

AZO Risk / Return Rank: 24
AZO Sharpe Ratio Rank: 22
AZO Sortino Ratio Rank: 20
AZO Omega Ratio Rank: 21
AZO Calmar Ratio Rank: 30
AZO Martin Ratio Rank: 28

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.

ORLY vs. AZO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for O'Reilly Automotive, Inc. (ORLY) 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.

	ORLY	AZO	Difference
Sharpe ratio Return per unit of total volatility	-0.15	-0.45	+0.30
Sortino ratio Return per unit of downside risk	-0.06	-0.46	+0.40
Omega ratio Gain probability vs. loss probability	0.99	0.94	+0.05
Calmar ratio Return relative to maximum drawdown	-0.09	-0.41	+0.32
Martin ratio Return relative to average drawdown	-0.19	-0.88	+0.69
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ORLY vs. AZO - Sharpe Ratio Comparison

The current ORLY Sharpe Ratio is -0.15, which is higher than the AZO Sharpe Ratio of -0.45. The chart below compares the historical Sharpe Ratios of ORLY and AZO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	ORLY	AZO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.15	-0.45	+0.30
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.01	0.80	+0.21
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.66	0.59	+0.07
Sharpe Ratio (All Time) Calculated using the full available price history	0.65	0.64	+0.01

Correlation

The correlation between ORLY and AZO is 0.48, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

ORLY vs. AZO - Dividend Comparison

Neither ORLY nor AZO has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

ORLY vs. AZO - Drawdown Comparison

The maximum ORLY drawdown since its inception was -65.42%, which is greater than AZO's maximum drawdown of -46.32%. Use the drawdown chart below to compare losses from any high point for ORLY and AZO.

Drawdown Indicators

	ORLY	AZO	Difference
Max Drawdown Largest peak-to-trough decline	-65.42%	-46.32%	-19.10%
Max Drawdown (1Y) Largest decline over 1 year	-19.03%	-25.48%	+6.45%
Max Drawdown (5Y) Largest decline over 5 years	-23.03%	-25.48%	+2.45%
Max Drawdown (10Y) Largest decline over 10 years	-42.00%	-42.14%	+0.14%
Current Drawdown Current decline from peak	-14.39%	-22.43%	+8.04%
Average Drawdown Average peak-to-trough decline	-10.76%	-10.82%	+0.06%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.85%	11.80%	-2.95%

Volatility

ORLY vs. AZO - Volatility Comparison

The current volatility for O'Reilly Automotive, Inc. (ORLY) is 6.54%, while AutoZone, Inc. (AZO) has a volatility of 9.54%. This indicates that ORLY experiences smaller price fluctuations and is considered to be less risky than AZO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ORLY	AZO	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.54%	9.54%	-3.00%
Volatility (6M) Calculated over the trailing 6-month period	16.02%	19.69%	-3.67%
Volatility (1Y) Calculated over the trailing 1-year period	22.04%	25.29%	-3.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.13%	23.77%	-1.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.36%	26.16%	+0.20%

Financials

ORLY vs. AZO - Profitability Comparison

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

ORLY - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, O'Reilly Automotive, Inc. reported a gross profit of 2.29B and revenue of 4.41B. Therefore, the gross margin over that period was 51.8%.

AZO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, AutoZone, Inc. reported a gross profit of 2.24B and revenue of 4.27B. Therefore, the gross margin over that period was 52.5%.

ORLY - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, O'Reilly Automotive, Inc. reported an operating income of 828.61M and revenue of 4.41B, resulting in an operating margin of 18.8%.

AZO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, AutoZone, Inc. reported an operating income of 698.46M and revenue of 4.27B, resulting in an operating margin of 16.3%.

ORLY - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, O'Reilly Automotive, Inc. reported a net income of 605.23M and revenue of 4.41B, resulting in a net margin of 13.7%.

AZO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, AutoZone, Inc. reported a net income of 468.86M and revenue of 4.27B, resulting in a net margin of 11.0%.