Automotive aftermarket retail
AutoZone
AutoZone sells automotive replacement parts and maintenance products to DIY consumers and to repair shops, dealers, and fleet accounts across the Americas. It spends on merchandise, delivery, stores and distribution centers, and cloud technology, while also selling ALLDATA repair software. In fiscal 2025, it also committed capital to renewable-energy tax-credit funds.
AZO Updated Sep 11, 2026 3 AI consumers· 3 recurring
Per the valuechain.wiki graph, AutoZone is directly linked to 2 companies (2 supply, 0 revenue relationships) and reaches 25 companies within two hops; the links are backed by 7 dated sources, 2 of them primary filings (as of 2026-09-11).
Financials & Segments
- Total revenue · $18,938,717,000 (FY2025)
- Segments · U.S. retail DIY · U.S. commercial DIFM · International operations · ALLDATA
Revenue from
- Repair shops, dealers, service stations, and fleet accounts High confidence· Revenue share 31.7 percent · FY2025 · U.S. commercial-customer sales as a share of FY2025 domestic sales
AutoZone provides parts delivery and commercial credit to repair shops, dealers, service stations, and fleet accounts. U.S. commercial sales represented 31.7% of FY2025 domestic sales and increased 6.7% year over year.Confirms KO Investing.com Korea Published Sep 24, 2025: AutoZone Fiscal 2025 Fourth-Quarter Results Disappoint as EPS Misses Expectations - DIY retail customers Medium confidence· Market share 3 percent · FY2025 Q3 · U.S. DIY comparable-sales growth
Individual consumers buy failure- and maintenance-related parts and accessories in stores and online. A May 2025 analysis measured 3% U.S. DIY comparable-sales growth for the quarter, but customer-level revenue is not disclosed.
Pays to
- FedEx High confidence
AutoZone purchased delivery services from FedEx, and FedEx identified AutoZone as an early customer for its late-order next-day and two-day delivery service. Neither party disclosed the transaction value.Confirms EN FedEx Newsroom Published Dec 17, 2018: FedEx Expands E-Commerce Portfolio with ‘FedEx Extra Hours’ Delivery Options for Retail Customers - Clarios Medium confidence
Clarios is a key AutoZone vendor supplying automotive battery technology and products. AutoZone named Clarios its 2025 Vendor of the Year for its supply-chain and production execution, but did not disclose purchase value.Confirms EN AutoZone, Inc. Published Jun 12, 2025: AutoZone Vendor Summit Recognizes Contributions of Top Suppliers - Alphabet (Google) Medium confidence
AutoZone exited its legacy data centers and migrated most applications to Google Cloud. The companies announced an expanded partnership in 2026, but did not disclose contract value.Confirms EN Google Cloud via PR Newswire Published Apr 22, 2026: AutoZone Completes Three-Year Cloud Migration with Google Cloud
Investments
- Renewable-energy tax-credit funds (undisclosed) High confidence· Amount $112M · FY2025 · Net investment in renewable-energy tax-credit equity investments during FY2025
AutoZone invests in renewable-energy tax-credit equity funds that generate returns primarily through federal tax credits. Net FY2025 investment was $111.815 million, while individual fund names were not disclosed.
Value-chain ripple (2 tiers)
Following node-to-node links up to 2 tiers; each firm is shown once, at its nearest tier.
| Company | Chain | '21 | '22 | '23 | '24 | '25 | YTD |
|---|---|---|---|---|---|---|---|
| AutoZone | node | +76.8 | +17.6 | +4.8 | +23.8 | +5.9 | -12 |
| FedEx | benef1 | +0.7 | -31.6 | +49.1 | +13.5 | +5.1 | +39.6 |
| Alphabet (Google) | benef1 | +65.3 | -39.1 | +58.3 | +36 | +66 | +8.3 |
| Marvell | benef2 | +84.6 | -57.5 | +63.7 | +83.8 | -22.8 | +163.4 |
| Intel | benef2 | +6.1 | -46.6 | +94.6 | -59.6 | +84 | +159.6 |
| Wiwynn | benef2 | +24.7 | -22.3 | +206.4 | +3.5 | +64.4 | +120.2 |
| Flex Ltd. | benef2 | +1.9 | +17.1 | +41.9 | +67.2 | +57.4 | +81.2 |
| Arista Networks | benef2 | +97.9 | -15.6 | +94.1 | +87.7 | +18.5 | +47.9 |
| GE Vernova | benef2 | · | · | · | · | +99 | +44.4 |
| TeraWulf | benef2 | +77.1 | -95.5 | +258.2 | +135.8 | +103 | +43.7 |
| Alchip Technologies | benef2 | +14.3 | -8.7 | +365.1 | -18.9 | +0.8 | +36.1 |
| Eaton | benef2 | +46.7 | -7.2 | +56.2 | +39.5 | -2.8 | +30.1 |
| Quanta Computer | benef2 | +22.2 | -12.8 | +254.5 | +12.7 | +8.9 | +28.5 |
| Union Pacific Corporation | benef2 | +23.3 | -15.9 | +21.6 | -5.1 | +3.9 | +27.1 |
| NVIDIA | benef2 | +125.5 | -50.3 | +239 | +171.2 | +38.9 | +23.7 |
| Schneider Electric | benef2 | +25.9 | +1.6 | +25.8 | +36.1 | +0.5 | +20.7 |
| Foxconn (Hon Hai) | benef2 | -5.1 | +2.8 | +7.8 | +80.1 | +26.9 | +19.6 |
| NextEra Energy | benef2 | +23.4 | -8.5 | -25.3 | +21.5 | +15.5 | +6.2 |
| Duke Energy Corporation | benef2 | +19.1 | +2 | -1.6 | +15.6 | +12.7 | +5.3 |
| Xcel Energy | benef2 | +4.4 | +6.4 | -8.7 | +12.3 | +13.9 | +4.1 |
| Broadcom | benef2 | +56.5 | -13.3 | +104.2 | +110.5 | +50.6 | +3.8 |
| Berkshire Hathaway | benef2 | +29 | +3.3 | +15.5 | +27.1 | +10.9 | +0.7 |
| Comcast Corporation | benef2 | -2.2 | -28.7 | +29.1 | -11.8 | -17.3 | -1.9 |
| Boeing | benef2 | -6 | -5.4 | +36.8 | -32.1 | +22.7 | -2.2 |
| Textron | benef2 | +59.9 | -8.2 | +13.7 | -4.8 | +14.1 | -9.3 |
YTD as of 2026-09-04 · source: Yahoo Finance
AutoZone operates across Automotive aftermarket retail. It is -12% in 2026. The supply side (avg +24%) leads the stock (-12%), with spending rippling down to suppliers first. Among connected nodes the furthest ahead is FedEx (+39.6%) and the furthest behind is Alphabet (Google) (+8.3%). If chain logic explains the gap, the laggard is the next propagation candidate; if not, the link itself deserves a second look. In fiscal 2025, it also committed capital to renewable-energy tax-credit funds.
Analysis generated from returns as of 2026-09-04