S&P 500 comparison · Consumer Discretionary

AutoZone vs O'Reilly Automotive

Prices at close . Model readings .

AutoZone

$3,156.76+0.43%
Month: negativeLong run: negative

O'Reilly Automotive

$90.44+0.69%
Month: negativeLong run: neutral
Price change

Price change, with the S&P 500 as a benchmark

Percent change in each close since the start of the chosen range, for both companies and the S&P 500 (SPY). Daily closes over the last year, weekly before that and monthly before five years.

In short

How the two compare

On the latest closes (28 Oct 2026), O'Reilly Automotive is the larger company by market value ($74.96B against $53.24B). Over the past year AutoZone returned −17.2% and O'Reilly Automotive −5.6%, while the S&P 500 returned +12.7%. The latest filed P/E is 19.4 for AutoZone and 29.5 for O'Reilly Automotive, and the operating margin 18.3% against 20.1%. Over the next 21 sessions the model expects −0.74% for AutoZone, with a 13% chance of a rise, and −0.33% for O'Reilly Automotive, with a 29% chance. AutoZone's long-run fair value is $2,246.59, a gap of −28.8% to its price; the long-run model view is negative. O'Reilly Automotive's long-run fair value is $84.63, a gap of −6.4% to its price; the long-run model view is neutral.

Model view

What the model expects

Expected returns and the chance of a rise from our forecasting models, and the long-run fair value against the price. Readings, not advice.

Model readings:
Expected returnnext 21 sessions
AZO−0.74%
ORLY−0.33%
Chance of a risenext 21 sessions
AZO13%
ORLY29%
Expected returnnext 63 sessions
AZO−0.28%
ORLY+0.59%
Range of outcomes63 sessions, 80% band
AZO−22.3% to +21.8%
ORLY−18.3% to +19.5%
Chance of a risenext 63 sessionsMembers only · see plans
Long-run fair valueintrinsic value model
AZO$2,246.5928 Oct 2026
ORLY$84.6328 Oct 2026
Gap to pricefair value against the close
AZO−28.8%
ORLY−6.4%
Past readings that matchedsign of the 21-session outcome
AZO55.4%of 269
ORLY43.5%of 269
Price performance

How the prices moved

Price change over each period, with the S&P 500 (SPY) for comparison.

Closes to
1 monthS&P 500: +1.1%
AZO+9.8%
ORLY+5.1%
6 monthsS&P 500: +8.5%
AZO−10.4%
ORLY−1.4%
Year to dateS&P 500: +13.3%
AZO−6.9%
ORLY−0.8%
1 yearS&P 500: +12.7%
AZO−17.2%
ORLY−5.6%
5 yearsS&P 500: +70.7%
AZO+78.4%
ORLY+110.5%
1 year against the S&P 500percentage points
AZO−29.9 pts
ORLY−18.3 pts
Position in the 52-week range0% low, 100% high
AZO34%close $3,156.76 in $2,730.65 to $3,996.25
ORLY40%close $90.44 in $82.59 to $102.46
Against the 200-day average
AZO−3.3%
ORLY−0.2%
Valuation

What the market pays

Size and the multiples from the latest filed quarter. A P/E on losses reads n/m.

Filings: quarter to (AZO), (ORLY)
Market value
AZO$53.24B28 Oct 2026
ORLY$74.96B28 Oct 2026
Enterprise valueat the last filing
AZO$58.71B29 Aug 2026
ORLY$83.08B30 Jun 2026
P/Elatest filed
AZO19.4
ORLY29.5
Price to book
AZO-19.96
ORLY-41.58
EV / EBITDA
AZO13.32
ORLY20.42
Free cash flow yield
AZO3.63%
ORLY2.82%
Dividend yield
AZO0%
ORLY0%
Questions

AutoZone or O'Reilly Automotive: common questions

Which is larger by market value, AutoZone or O'Reilly Automotive?

O'Reilly Automotive, at $74.96B against $53.24B for AutoZone, on the latest closes (28 Oct 2026).

Which has the higher P/E ratio, AutoZone or O'Reilly Automotive?

O'Reilly Automotive has the higher latest filed P/E, 29.5; AutoZone's is 19.4. Filings: quarter to 29 Aug 2026 and 30 Jun 2026.

How did AutoZone and O'Reilly Automotive move over the past year against the S&P 500?

Over the past year AutoZone returned −17.2% and O'Reilly Automotive −5.6%, while the S&P 500 returned +12.7%. Prices at close 28 Oct 2026.

What does the model expect for AutoZone and O'Reilly Automotive over the next month?

−0.74% for AutoZone with a 13% chance of a rise, and −0.33% for O'Reilly Automotive with a 29% chance, over the next 21 sessions. Model readings 28 Oct 2026. These are model readings, not advice.

How do the operating margins of AutoZone and O'Reilly Automotive compare?

The operating margin is 18.3% for AutoZone and 20.1% for O'Reilly Automotive, and the gross margin 52.3% against 51.5%. Filings: quarter to 29 Aug 2026 and 30 Jun 2026.

Do AutoZone and O'Reilly Automotive shares move together?

Over the past year the correlation of their daily returns was 0.79 (often together); 1 means they always move together, 0 unrelated, −1 opposite. Prices at close 28 Oct 2026.

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The two company pagesAutoZone (AZO) forecast and analysisO'Reilly Automotive (ORLY) forecast and analysis
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BrowseAll Consumer Discretionary companiesAll comparisonsHow the model readings are made

Model readings are research estimates, not investment advice. Prices: daily closes. Fundamentals: the latest SEC filings. Short interest: FINRA, settlement 30 Sep 2026. A dash means the figure is not in our data; it is never shown as zero. The model view follows a published rule: next month by the sign of the expected return, the long run positive at a fair value 10% or more above the price and negative at 10% or more below it.