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Autozone vs OneWater Marine: revenue, profit, margins and growth compared

Autozone brought in $18.9B of revenue in fiscal 2025, OneWater Marine $1.9B in fiscal 2025. Revenue changed by +2.4% at Autozone and +5.6% at OneWater Marine on the year before, so OneWater Marine grew faster. Autozone kept 13.2% of its revenue as net profit, OneWater Marine -6.1%. Free cash flow was $1.8B at Autozone and $79.7M at OneWater Marine.

Side by side, latest fiscal year

AZOONEW
Fiscal year endedFY2025 (August 30, 2025)FY2025 (September 30, 2025)
Revenue$18.9B$1.9B
Revenue growth+2.4%+5.6%
Net income$2.5B-$114.6M
Net margin13.2%-6.1%
Free cash flow$1.8B$79.7M
Free cash flow margin9.5%4.3%
Earnings per share (diluted)$144.87n/a
Cash$271.8M$64.8M
Debt$8.8B$412.1M
Price to earnings19.8n/a
Market value$46.9B$165.2M
Dividend yieldn/an/a
Rank by revenue in sector#62 of 778 · Consumer discretionary#365 of 778 · Consumer discretionary

Over the years

Revenue
AZO FY2018: $11.2BAZO FY2019: $11.9BAZO FY2020: $12.6BAZO FY2021: $14.6BAZO FY2022: $16.3BAZO FY2023: $17.5BAZO FY2024: $18.5BAZO FY2025: $18.9BONEW FY2020: $1BONEW FY2021: $1.2BONEW FY2022: $1.7BONEW FY2023: $1.9BONEW FY2024: $1.8BONEW FY2025: $1.9BFY18FY19FY20FY21FY22FY23FY24FY25
AZO $18.9BONEW $1.9B
Net income
AZO FY2018: $1.3BAZO FY2019: $1.6BAZO FY2020: $1.7BAZO FY2021: $2.2BAZO FY2022: $2.4BAZO FY2023: $2.5BAZO FY2024: $2.7BAZO FY2025: $2.5BONEW FY2018: $1.9MONEW FY2020: $37.3MONEW FY2020: $17.4MONEW FY2021: $79.1MONEW FY2022: $130.9MONEW FY2023: -$38.6MONEW FY2024: -$5.7MONEW FY2025: -$114.6MFY18FY19FY20FY21FY22FY23FY24FY25
AZO $2.5BONEW -$114.6M
Net margin
AZO FY2018: 11.9%AZO FY2019: 13.6%AZO FY2020: 13.7%AZO FY2021: 14.8%AZO FY2022: 14.9%AZO FY2023: 14.5%AZO FY2024: 14.4%AZO FY2025: 13.2%ONEW FY2020: 1.7%ONEW FY2021: 6.4%ONEW FY2022: 7.5%ONEW FY2023: -2.0%ONEW FY2024: -0.3%ONEW FY2025: -6.1%FY18FY19FY20FY21FY22FY23FY24FY25
AZO 13.2%ONEW -6.1%
Revenue growth
AZO FY2019: +5.7%AZO FY2020: +6.5%AZO FY2021: +15.8%AZO FY2022: +11.1%AZO FY2023: +7.4%AZO FY2024: +5.9%AZO FY2025: +2.4%ONEW FY2021: +20.1%ONEW FY2022: +42.1%ONEW FY2023: +11.0%ONEW FY2024: -8.5%ONEW FY2025: +5.6%FY19FY20FY21FY22FY23FY24FY25
AZO +2.4%ONEW +5.6%
Free cash flow
AZO FY2018: $1.6BAZO FY2019: $1.6BAZO FY2020: $2.3BAZO FY2021: $2.9BAZO FY2022: $2.5BAZO FY2023: $2.1BAZO FY2024: $1.9BAZO FY2025: $1.8BONEW FY2018: -$14.4MONEW FY2020: -$13MONEW FY2020: $206.2MONEW FY2021: $149.5MONEW FY2022: -$4MONEW FY2023: -$151MONEW FY2024: $8.9MONEW FY2025: $79.7MFY18FY19FY20FY21FY22FY23FY24FY25
AZO $1.8BONEW $79.7M

Fiscal years as each company reports them; the two may end in different months.

Questions about Autozone and OneWater Marine

Which is bigger by revenue, Autozone or OneWater Marine?

Autozone is bigger by revenue: $18.9B in fiscal 2025, against $1.9B for OneWater Marine in fiscal 2025.

Which keeps more of its revenue as profit, Autozone or OneWater Marine?

Autozone had a net margin of 13.2% in fiscal 2025; OneWater Marine had -6.1% in fiscal 2025.

Which grew revenue faster, Autozone or OneWater Marine?

In their latest fiscal years revenue changed by +2.4% at Autozone and +5.6% at OneWater Marine.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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