THO vs. AZO
THO (Thor Industries, Inc.) and AZO (AutoZone, Inc.) are both stocks. Both are in the Consumer Cyclical sector — THO in Recreational Vehicles, AZO in Specialty Retail. Over the past 10 years, THO returned 4.19%/yr vs 14.93%/yr for AZO. At a 0.24 correlation, their price movements are largely independent.
Performance
THO vs. AZO - Performance Comparison
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Returns By Period
In the year-to-date period, THO achieves a -21.40% return, which is significantly lower than AZO's -9.73% return. Over the past 10 years, THO has underperformed AZO with an annualized return of 4.19%, while AZO has yielded a comparatively higher 14.93% annualized return.
THO
- 1D
- 2.86%
- 1M
- 8.19%
- YTD
- -21.40%
- 6M
- -19.11%
- 1Y
- -1.05%
- 3Y*
- 1.18%
- 5Y*
- -5.54%
- 10Y*
- 4.19%
AZO
- 1D
- 1.07%
- 1M
- -12.08%
- YTD
- -9.73%
- 6M
- -19.91%
- 1Y
- -18.31%
- 3Y*
- 8.74%
- 5Y*
- 17.16%
- 10Y*
- 14.93%
THO vs. AZO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
THO Thor Industries, Inc. | -21.40% | 9.74% | -17.90% | 59.77% | -25.57% | 13.26% | 27.97% | 46.47% | -64.79% | 52.43% |
AZO AutoZone, Inc. | -9.73% | 5.92% | 23.84% | 4.84% | 17.64% | 76.84% | -0.49% | 42.10% | 17.85% | -9.93% |
Correlation
The correlation between THO and AZO is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.16 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.20 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.24 |
Correlation (All Time) Calculated using the full available price history since Apr 3, 1991 | 0.24 |
The correlation between THO and AZO shifts across timeframes, from 0.12 (1 year) to 0.24 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
THO:
$4.18B
AZO:
$51.59B
THO:
$4.93
AZO:
$145.27
THO:
16.17
AZO:
21.08
THO:
0.43
AZO:
2.61
THO:
$9.82B
AZO:
$19.99B
THO:
$1.21B
AZO:
$10.34B
THO:
$489.04M
AZO:
$4.26B
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Return for Risk
THO vs. AZO — Risk / Return Rank
THO
AZO
THO vs. AZO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Thor Industries, Inc. (THO) 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.
| THO | AZO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.65 | ||
| Sortino ratioReturn per unit of downside risk | +1.02 | ||
| Omega ratioGain probability vs. loss probability | 1.03 | 0.90 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | -0.03 | -0.56 | +0.54 |
| Martin ratioReturn relative to average drawdown | -0.06 | -1.24 | +1.19 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| THO | AZO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.03 | -0.68 | +0.65 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.14 | 0.71 | -0.84 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.09 | 0.57 | -0.47 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.34 | 0.62 | -0.29 |
Drawdowns
THO vs. AZO - Drawdown Comparison
The maximum THO drawdown since its inception was -79.55%, which is greater than AZO's maximum drawdown of -46.32%. Use the drawdown chart below to compare losses from any high point for THO and AZO.
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Drawdown Indicators
| THO | AZO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -79.55% | -46.32% | -33.23% |
Max Drawdown (1Y)Largest decline over 1 year | -39.66% | -32.59% | -7.07% |
Max Drawdown (3Y)Largest decline over 3 years | -48.40% | -32.59% | -15.81% |
Max Drawdown (5Y)Largest decline over 5 years | -48.40% | -32.59% | -15.81% |
Max Drawdown (10Y)Largest decline over 10 years | -76.94% | -42.14% | -34.80% |
Current DrawdownCurrent decline from peak | -41.73% | -29.69% | -12.04% |
Average DrawdownAverage peak-to-trough decline | -24.14% | -10.87% | -13.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 18.07% | 14.75% | +3.32% |
Volatility
THO vs. AZO - Volatility Comparison
The current volatility for Thor Industries, Inc. (THO) is 9.74%, while AutoZone, Inc. (AZO) has a volatility of 11.45%. This indicates that THO 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.
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Volatility by Period
| THO | AZO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.74% | 11.45% | -1.71% |
Volatility (6M)Calculated over the trailing 6-month period | 28.24% | 23.04% | +5.20% |
Volatility (1Y)Calculated over the trailing 1-year period | 37.41% | 27.09% | +10.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 40.78% | 24.44% | +16.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 44.31% | 26.47% | +17.84% |
Dividends
THO vs. AZO - Dividend Comparison
THO's dividend yield for the trailing twelve months is around 2.58%, while AZO has not 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% |
THO Thor Industries, Inc. | 2.58% | 1.97% | 1.53% | 1.57% | 2.33% | 1.62% | 1.74% | 2.13% | 2.92% | 0.93% | 1.26% | 2.03% |
Financials
THO vs. AZO - Financials Comparison
This section allows you to compare key financial metrics between Thor Industries, Inc. 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
THO vs. AZO - Profitability Comparison
THO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 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 - 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%.
THO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 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 - 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%.
THO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Thor Industries, Inc. reported a net income of 95.54M and revenue of 2.78B, resulting in a net margin of 3.4%.
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
THO and AZO have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AZO has higher volatility (11.45%) compared to THO (9.74%). In terms of maximum drawdown, THO dropped -79.55% vs AZO's -46.32%.
THO currently has the higher Sharpe Ratio (-0.03 vs -0.68), 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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