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Side-by-side financial comparison of AutoZone (AZO) and Fossil Group, Inc. (FOSL). Click either name above to swap in a different company.
AutoZone is the larger business by last-quarter revenue ($4.3B vs $270.2M, roughly 15.8× Fossil Group, Inc.). AutoZone runs the higher net margin — 11.0% vs -14.8%, a 25.8% gap on every dollar of revenue. On growth, AutoZone posted the faster year-over-year revenue change (8.1% vs -21.1%). AutoZone produced more free cash flow last quarter ($35.6M vs $-22.5M). Over the past eight quarters, AutoZone's revenue compounded faster (0.5% CAGR vs -11.4%).
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.
Fossil Group, Inc., is an American fashion design and manufacturer founded in 1984 by Tom Kartsotis and based in Richardson, Texas. Their brands include Fossil, Relic, Michele Watch, Skagen Denmark, WSI, and Zodiac Watches. Fossil also makes licensed accessories for brands such as BMW, Puma, Emporio Armani, Michael Kors, DKNY, Diesel, Kate Spade New York, Tory Burch, Chaps, and Armani Exchange.
AZO vs FOSL — Head-to-Head
Income Statement — Q2 2026 vs Q4 2025
| Metric | | |
|---|---|---|
| Revenue | $4.3B | $270.2M |
| Net Profit | $468.9M | $-40.0M |
| Gross Margin | 52.5% | 49.0% |
| Operating Margin | 16.3% | -8.0% |
| Net Margin | 11.0% | -14.8% |
| Revenue YoY | 8.1% | -21.1% |
| Net Profit YoY | -3.9% | -257.8% |
| EPS (diluted) | $27.63 | $-0.76 |
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.
| Q1 26 | $4.3B | — | ||
| Q4 25 | $4.6B | $270.2M | ||
| Q3 25 | $6.2B | $220.4M | ||
| Q2 25 | $4.5B | $233.3M | ||
| Q1 25 | $4.0B | — | ||
| Q4 24 | $4.3B | $342.3M | ||
| Q3 24 | $6.2B | $287.8M | ||
| Q2 24 | $4.2B | $260.0M |
| Q1 26 | $468.9M | — | ||
| Q4 25 | $530.8M | $-40.0M | ||
| Q3 25 | $837.0M | $-2.1M | ||
| Q2 25 | $608.4M | $-17.9M | ||
| Q1 25 | $487.9M | — | ||
| Q4 24 | $564.9M | $-11.2M | ||
| Q3 24 | $902.2M | $-31.9M | ||
| Q2 24 | $651.7M | $-38.8M |
| Q1 26 | 52.5% | — | ||
| Q4 25 | 51.0% | 49.0% | ||
| Q3 25 | 51.5% | 57.5% | ||
| Q2 25 | 52.7% | 61.3% | ||
| Q1 25 | 53.9% | — | ||
| Q4 24 | 53.0% | 53.9% | ||
| Q3 24 | 52.5% | 49.4% | ||
| Q2 24 | 53.5% | 52.6% |
| Q1 26 | 16.3% | — | ||
| Q4 25 | 16.9% | -8.0% | ||
| Q3 25 | 19.2% | 3.9% | ||
| Q2 25 | 19.4% | -2.9% | ||
| Q1 25 | 17.9% | — | ||
| Q4 24 | 19.7% | -4.8% | ||
| Q3 24 | 20.9% | -8.5% | ||
| Q2 24 | 21.3% | -13.1% |
| Q1 26 | 11.0% | — | ||
| Q4 25 | 11.5% | -14.8% | ||
| Q3 25 | 13.4% | -1.0% | ||
| Q2 25 | 13.6% | -7.7% | ||
| Q1 25 | 12.3% | — | ||
| Q4 24 | 13.2% | -3.3% | ||
| Q3 24 | 14.5% | -11.1% | ||
| Q2 24 | 15.4% | -14.9% |
| Q1 26 | $27.63 | — | ||
| Q4 25 | $31.04 | $-0.76 | ||
| Q3 25 | $48.70 | $-0.04 | ||
| Q2 25 | $35.36 | $-0.33 | ||
| Q1 25 | $28.29 | — | ||
| Q4 24 | $32.52 | $-0.15 | ||
| Q3 24 | $51.42 | $-0.60 | ||
| Q2 24 | $36.69 | $-0.73 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $285.5M | $79.2M |
| Total DebtLower is stronger | — | $169.1M |
| Stockholders' EquityBook value | $-2.9B | $112.6M |
| Total Assets | $20.4B | $701.0M |
| Debt / EquityLower = less leverage | — | 1.50× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $285.5M | — | ||
| Q4 25 | $287.6M | $79.2M | ||
| Q3 25 | $271.8M | $109.9M | ||
| Q2 25 | $268.6M | $78.3M | ||
| Q1 25 | $300.9M | — | ||
| Q4 24 | $304.0M | $123.6M | ||
| Q3 24 | $298.2M | $106.3M | ||
| Q2 24 | $275.4M | $104.9M |
| Q1 26 | — | — | ||
| Q4 25 | — | $169.1M | ||
| Q3 25 | — | $165.6M | ||
| Q2 25 | — | $167.2M | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $162.7M | ||
| Q3 24 | — | $173.4M | ||
| Q2 24 | — | $156.5M |
| Q1 26 | $-2.9B | — | ||
| Q4 25 | $-3.2B | $112.6M | ||
| Q3 25 | $-3.4B | $150.3M | ||
| Q2 25 | $-4.0B | $140.6M | ||
| Q1 25 | $-4.5B | — | ||
| Q4 24 | $-4.7B | $148.7M | ||
| Q3 24 | $-4.7B | $164.4M | ||
| Q2 24 | $-4.8B | $189.6M |
| Q1 26 | $20.4B | — | ||
| Q4 25 | $19.7B | $701.0M | ||
| Q3 25 | $19.4B | $704.5M | ||
| Q2 25 | $18.6B | $686.0M | ||
| Q1 25 | $18.1B | — | ||
| Q4 24 | $17.5B | $763.6M | ||
| Q3 24 | $17.2B | $812.4M | ||
| Q2 24 | $17.1B | $785.7M |
| Q1 26 | — | — | ||
| Q4 25 | — | 1.50× | ||
| Q3 25 | — | 1.10× | ||
| Q2 25 | — | 1.19× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 1.09× | ||
| Q3 24 | — | 1.06× | ||
| Q2 24 | — | 0.83× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $373.4M | $-22.2M |
| Free Cash FlowOCF − Capex | $35.6M | $-22.5M |
| FCF MarginFCF / Revenue | 0.8% | -8.3% |
| Capex IntensityCapex / Revenue | 7.9% | 0.1% |
| Cash ConversionOCF / Net Profit | 0.80× | — |
| TTM Free Cash FlowTrailing 4 quarters | $1.6B | $-46.0M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $373.4M | — | ||
| Q4 25 | $944.2M | $-22.2M | ||
| Q3 25 | $952.8M | $9.4M | ||
| Q2 25 | $769.0M | $-60.4M | ||
| Q1 25 | $583.7M | — | ||
| Q4 24 | $811.8M | $30.5M | ||
| Q3 24 | $1.1B | $-22.8M | ||
| Q2 24 | $669.5M | $38.4M |
| Q1 26 | $35.6M | — | ||
| Q4 25 | $630.0M | $-22.5M | ||
| Q3 25 | $511.1M | $8.6M | ||
| Q2 25 | $423.1M | $-60.6M | ||
| Q1 25 | $291.0M | — | ||
| Q4 24 | $564.8M | $28.5M | ||
| Q3 24 | $723.5M | $-24.1M | ||
| Q2 24 | $434.4M | $36.6M |
| Q1 26 | 0.8% | — | ||
| Q4 25 | 13.6% | -8.3% | ||
| Q3 25 | 8.2% | 3.9% | ||
| Q2 25 | 9.5% | -26.0% | ||
| Q1 25 | 7.4% | — | ||
| Q4 24 | 13.2% | 8.3% | ||
| Q3 24 | 11.7% | -8.4% | ||
| Q2 24 | 10.3% | 14.1% |
| Q1 26 | 7.9% | — | ||
| Q4 25 | 6.8% | 0.1% | ||
| Q3 25 | 7.1% | 0.4% | ||
| Q2 25 | 7.7% | 0.1% | ||
| Q1 25 | 7.4% | — | ||
| Q4 24 | 5.8% | 0.6% | ||
| Q3 24 | 5.6% | 0.4% | ||
| Q2 24 | 5.6% | 0.7% |
| Q1 26 | 0.80× | — | ||
| Q4 25 | 1.78× | — | ||
| Q3 25 | 1.14× | — | ||
| Q2 25 | 1.26× | — | ||
| Q1 25 | 1.20× | — | ||
| Q4 24 | 1.44× | — | ||
| Q3 24 | 1.19× | — | ||
| Q2 24 | 1.03× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AZO
Segment breakdown not available.
FOSL
| Transferred At Point In Time | $109.7M | 41% |
| Traditional Watches | $91.3M | 34% |
| Other | $50.8M | 19% |
| Leathers | $9.5M | 4% |
| Jewelry | $4.0M | 1% |
| Smartwatches | $3.3M | 1% |
| Products Other | $1.6M | 1% |
