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Side-by-side financial comparison of AutoZone (AZO) and Cushman & Wakefield Ltd. (CWK). Click either name above to swap in a different company.

AutoZone is the larger business by last-quarter revenue ($4.3B vs $2.9B, roughly 1.5× Cushman & Wakefield Ltd.). AutoZone runs the higher net margin — 11.0% vs -0.8%, a 11.7% gap on every dollar of revenue. On growth, Cushman & Wakefield Ltd. posted the faster year-over-year revenue change (10.8% vs 8.1%). Cushman & Wakefield Ltd. produced more free cash flow last quarter ($234.3M vs $35.6M). Over the past eight quarters, Cushman & Wakefield Ltd.'s revenue compounded faster (15.5% CAGR vs 0.5%).

AutoZone, Inc., doing business as AutoZone, is an American retailer of aftermarket automotive parts and accessories, the largest in the United States. Founded in 1979, AutoZone has 7,140 stores across the United States, Mexico, Puerto Rico, Brazil, and the US Virgin Islands. The company is based in Memphis, Tennessee.

Cushman & Wakefield Inc. is an American global commercial real estate and property management services firm. The company's corporate headquarters is located in Chicago, Illinois. It is named after co-founders J. Clydesdale Cushman and Bernard Wakefield.

AZO vs CWK — Head-to-Head

Bigger by revenue
AZO
AZO
1.5× larger
AZO
$4.3B
$2.9B
CWK
Growing faster (revenue YoY)
CWK
CWK
+2.7% gap
CWK
10.8%
8.1%
AZO
Higher net margin
AZO
AZO
11.7% more per $
AZO
11.0%
-0.8%
CWK
More free cash flow
CWK
CWK
$198.7M more FCF
CWK
$234.3M
$35.6M
AZO
Faster 2-yr revenue CAGR
CWK
CWK
Annualised
CWK
15.5%
0.5%
AZO

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
AZO
AZO
CWK
CWK
Revenue
$4.3B
$2.9B
Net Profit
$468.9M
$-22.4M
Gross Margin
52.5%
Operating Margin
16.3%
6.1%
Net Margin
11.0%
-0.8%
Revenue YoY
8.1%
10.8%
Net Profit YoY
-3.9%
-119.8%
EPS (diluted)
$27.63
$-0.10

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AZO
AZO
CWK
CWK
Q1 26
$4.3B
Q4 25
$4.6B
$2.9B
Q3 25
$6.2B
$2.6B
Q2 25
$4.5B
$2.5B
Q1 25
$4.0B
$2.3B
Q4 24
$4.3B
$2.6B
Q3 24
$6.2B
$2.3B
Q2 24
$4.2B
$2.3B
Net Profit
AZO
AZO
CWK
CWK
Q1 26
$468.9M
Q4 25
$530.8M
$-22.4M
Q3 25
$837.0M
$51.4M
Q2 25
$608.4M
$57.3M
Q1 25
$487.9M
$1.9M
Q4 24
$564.9M
$112.9M
Q3 24
$902.2M
$33.7M
Q2 24
$651.7M
$13.5M
Gross Margin
AZO
AZO
CWK
CWK
Q1 26
52.5%
Q4 25
51.0%
Q3 25
51.5%
Q2 25
52.7%
Q1 25
53.9%
Q4 24
53.0%
Q3 24
52.5%
Q2 24
53.5%
Operating Margin
AZO
AZO
CWK
CWK
Q1 26
16.3%
Q4 25
16.9%
6.1%
Q3 25
19.2%
4.1%
Q2 25
19.4%
4.9%
Q1 25
17.9%
2.0%
Q4 24
19.7%
6.6%
Q3 24
20.9%
3.2%
Q2 24
21.3%
3.1%
Net Margin
AZO
AZO
CWK
CWK
Q1 26
11.0%
Q4 25
11.5%
-0.8%
Q3 25
13.4%
2.0%
Q2 25
13.6%
2.3%
Q1 25
12.3%
0.1%
Q4 24
13.2%
4.3%
Q3 24
14.5%
1.4%
Q2 24
15.4%
0.6%
EPS (diluted)
AZO
AZO
CWK
CWK
Q1 26
$27.63
Q4 25
$31.04
$-0.10
Q3 25
$48.70
$0.22
Q2 25
$35.36
$0.25
Q1 25
$28.29
$0.01
Q4 24
$32.52
$0.49
Q3 24
$51.42
$0.14
Q2 24
$36.69
$0.06

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AZO
AZO
CWK
CWK
Cash + ST InvestmentsLiquidity on hand
$285.5M
$784.2M
Total DebtLower is stronger
$2.7B
Stockholders' EquityBook value
$-2.9B
$2.0B
Total Assets
$20.4B
$7.7B
Debt / EquityLower = less leverage
1.40×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AZO
AZO
CWK
CWK
Q1 26
$285.5M
Q4 25
$287.6M
$784.2M
Q3 25
$271.8M
$634.4M
Q2 25
$268.6M
$618.2M
Q1 25
$300.9M
$623.2M
Q4 24
$304.0M
$793.3M
Q3 24
$298.2M
$775.4M
Q2 24
$275.4M
$567.3M
Total Debt
AZO
AZO
CWK
CWK
Q1 26
Q4 25
$2.7B
Q3 25
$2.8B
Q2 25
$3.0B
Q1 25
$3.0B
Q4 24
$3.0B
Q3 24
$3.1B
Q2 24
$3.1B
Stockholders' Equity
AZO
AZO
CWK
CWK
Q1 26
$-2.9B
Q4 25
$-3.2B
$2.0B
Q3 25
$-3.4B
$2.0B
Q2 25
$-4.0B
$1.9B
Q1 25
$-4.5B
$1.8B
Q4 24
$-4.7B
$1.8B
Q3 24
$-4.7B
$1.7B
Q2 24
$-4.8B
$1.6B
Total Assets
AZO
AZO
CWK
CWK
Q1 26
$20.4B
Q4 25
$19.7B
$7.7B
Q3 25
$19.4B
$7.7B
Q2 25
$18.6B
$7.6B
Q1 25
$18.1B
$7.4B
Q4 24
$17.5B
$7.5B
Q3 24
$17.2B
$7.5B
Q2 24
$17.1B
$7.3B
Debt / Equity
AZO
AZO
CWK
CWK
Q1 26
Q4 25
1.40×
Q3 25
1.45×
Q2 25
1.57×
Q1 25
1.70×
Q4 24
1.73×
Q3 24
1.81×
Q2 24
1.91×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AZO
AZO
CWK
CWK
Operating Cash FlowLast quarter
$373.4M
$257.3M
Free Cash FlowOCF − Capex
$35.6M
$234.3M
FCF MarginFCF / Revenue
0.8%
8.0%
Capex IntensityCapex / Revenue
7.9%
0.8%
Cash ConversionOCF / Net Profit
0.80×
TTM Free Cash FlowTrailing 4 quarters
$1.6B
$293.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AZO
AZO
CWK
CWK
Q1 26
$373.4M
Q4 25
$944.2M
$257.3M
Q3 25
$952.8M
$235.5M
Q2 25
$769.0M
$9.6M
Q1 25
$583.7M
$-162.0M
Q4 24
$811.8M
$115.2M
Q3 24
$1.1B
$196.1M
Q2 24
$669.5M
$21.8M
Free Cash Flow
AZO
AZO
CWK
CWK
Q1 26
$35.6M
Q4 25
$630.0M
$234.3M
Q3 25
$511.1M
$225.0M
Q2 25
$423.1M
$300.0K
Q1 25
$291.0M
$-166.6M
Q4 24
$564.8M
$105.9M
Q3 24
$723.5M
$186.7M
Q2 24
$434.4M
$10.0M
FCF Margin
AZO
AZO
CWK
CWK
Q1 26
0.8%
Q4 25
13.6%
8.0%
Q3 25
8.2%
8.6%
Q2 25
9.5%
0.0%
Q1 25
7.4%
-7.3%
Q4 24
13.2%
4.0%
Q3 24
11.7%
8.0%
Q2 24
10.3%
0.4%
Capex Intensity
AZO
AZO
CWK
CWK
Q1 26
7.9%
Q4 25
6.8%
0.8%
Q3 25
7.1%
0.4%
Q2 25
7.7%
0.4%
Q1 25
7.4%
0.2%
Q4 24
5.8%
0.4%
Q3 24
5.6%
0.4%
Q2 24
5.6%
0.5%
Cash Conversion
AZO
AZO
CWK
CWK
Q1 26
0.80×
Q4 25
1.78×
Q3 25
1.14×
4.58×
Q2 25
1.26×
0.17×
Q1 25
1.20×
-85.26×
Q4 24
1.44×
1.02×
Q3 24
1.19×
5.82×
Q2 24
1.03×
1.61×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AZO
AZO

Segment breakdown not available.

CWK
CWK

Equity Method Investment Nonconsolidated Investee Or Group Of Investees$1.8B61%
Other$1.1B39%

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