AZO vs. PDD: AutoZone vs. PDD Stock Comparison

November 11, 2026

How do AutoZone (AZO) and PDD (PDD) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

AutoZone (AZO) and PDD (PDD) both fall under the Consumer Discretionary Distribution & Retail industry group, but AZO is classified in Specialty Retail while PDD is classified in Broadline Retail.

AutoZone (AZO) trades as ordinary local shares, while PDD (PDD) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.

Company profile comparison for AutoZone (AZO) and PDD (PDD)
Profile Item	AZO	PDD
Name	AutoZone, Inc.	PDD Holdings Inc. American Depositary Receipt
Country/Region	United States	Ireland
GICS Sector	Consumer Discretionary	Consumer Discretionary
GICS Industry Group	Consumer Discretionary Distribution & Retail	Consumer Discretionary Distribution & Retail
GICS Industry	Specialty Retail	Broadline Retail
GICS Sub-Industry	Automotive Retail	Broadline Retail
Market Capitalization	51.77 billion USD	118.18 billion USD
Currency	USD	USD
Exchange	NYSE	Nasdaq
Listing Date	April 2, 1991	July 26, 2018
Security Type	Common Stock	ADR

Price Performance

Cumulative Growth

AZO

PDD

GSPC

AutoZone (AZO) vs. PDD (PDD), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for AutoZone (AZO) and PDD (PDD). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for AutoZone (AZO) and PDD (PDD). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for AutoZone (AZO) and PDD (PDD)
Metric	AZO	PDD
Total Return (1Y)	-12.81%	-40.88%
Total Return (3Y, Annualized)	6.56%	-9.51%
Total Return (5Y, Annualized)	11.68%	-0.72%

Risk Profile

Drawdown History

AZO

PDD

GSPC

AutoZone (AZO) vs. PDD (PDD), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for AutoZone (AZO) and PDD (PDD). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

PDD (PDD) reports a negative beta of -0.08, suggesting inverse market sensitivity over the measurement window. That is uncommon for ordinary equities and can reflect commodity-linked or hedge-like exposure, but it can also come from statistical noise. AutoZone (AZO) has a non-negative beta of 0.37.

Risk profile metrics for AutoZone (AZO) and PDD (PDD)
Metric	AZO	PDD
Volatility (1Y, Annualized)	30.55%	33.85%
Beta (5Y)	0.37	-0.08
Max Drawdown (5Y)	-35.88%	-73.13%
Avg. Volume (3M)	268.95K	6.15M

Risk-Adjusted Performance

Risk-Return Positioning

AZO and PDD are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for AutoZone (AZO) and PDD (PDD)
Metric	AZO	PDD
Sharpe Ratio (1Y)	-0.56	-1.33
Sortino Ratio (1Y)	-0.74	-1.75

Profitability

ROE (TTM)

Capital efficiency shows on one side only: PDD (PDD) earns 22.75% on shareholders’ equity, ranked against its industry; AutoZone (AZO) has no ROE this period.

AZO

Consumer Discretionary Distribution & Retail industry group

Max: 62.17%
Q3: 29.44%
Median: 15.69%
Q1: 6.73%
Min: -12.16%
AZO: --

PDD

Consumer Discretionary Distribution & Retail industry group

22.75%

Max: 62.17%
Q3: 29.44%
PDD: 22.75%
Median: 15.69%
Q1: 6.73%
Min: -12.16%

AutoZone (AZO) vs. PDD (PDD): AZO does not report ROE, so it has no value marker; PDD is benchmarked against the Consumer Discretionary Distribution & Retail industry group.

Net Margin (TTM)

PDD (PDD) at 20.43% keeps the most of each sales dollar — above its industry’s net margin range — and AutoZone (AZO) at 12.65% also retains a top-quartile share.

AZO

Consumer Discretionary Distribution & Retail industry group

12.65%

Max: 16.94%
AZO: 12.65%
Q3: 8.69%
Median: 3.55%
Q1: 1.14%
Min: -9.41%

PDD

Consumer Discretionary Distribution & Retail industry group

20.43%

PDD: 20.43%
Max: 16.94%
Q3: 8.69%
Median: 3.55%
Q1: 1.14%
Min: -9.41%

AutoZone (AZO) vs. PDD (PDD): A comparison of their net margin against the Consumer Discretionary Distribution & Retail industry group benchmark.

Operating Margin (TTM)

PDD (PDD) at 24.71% shows unusually strong operating efficiency — above its industry’s operating margin range — and AutoZone (AZO) at 18.03% also operates in the top quartile.

AZO

Consumer Discretionary Distribution & Retail industry group

18.03%

Max: 21.45%
AZO: 18.03%
Q3: 10.89%
Median: 5.57%
Q1: 2.28%
Min: -7.12%

PDD

Consumer Discretionary Distribution & Retail industry group

24.71%

PDD: 24.71%
Max: 21.45%
Q3: 10.89%
Median: 5.57%
Q1: 2.28%
Min: -7.12%

AutoZone (AZO) vs. PDD (PDD): A comparison of their operating margin against the Consumer Discretionary Distribution & Retail industry group benchmark.

Profitability Metrics

Profitability metrics for AutoZone (AZO) and PDD (PDD)
Metric	AZO	PDD
ROE (TTM)	--	22.75%
ROA (TTM)	10.97%	10.01%
Net Margin (TTM)	12.65%	20.43%
Operating Margin (TTM)	18.03%	24.71%
Gross Margin (TTM)	51.71%	56.32%

Growth

Revenue Growth

Both AutoZone (AZO) at 7.39% and PDD (PDD) at 9.65% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

AutoZone (AZO) vs. PDD (PDD): A comparison of their Revenue Growth across different time periods.

EPS Growth

Only one side can be read here: PDD (PDD) reports EPS growth of -11.79%, ranked against its industry; AutoZone (AZO) has no EPS growth figure this period.

AutoZone (AZO) vs. PDD (PDD): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for AutoZone (AZO) and PDD (PDD)
Metric	AZO	PDD
Revenue Growth (YoY)	7.39%	9.65%
Revenue Growth (3Y CAGR)	5.22%	49.00%
EPS Growth (YoY)	--	-11.79%
EPS Growth (3Y CAGR)	--	45.15%

Financial Strength

Current Ratio (MRQ)

PDD (PDD) at 2.62 carries current ratio above its industry’s typical mid-range, while AutoZone (AZO) at 0.90 runs in the tighter-liquidity quartile — different working-capital profiles, both worth examining.

AZO

Consumer Discretionary Distribution & Retail industry group

0.90

Max: 2.62
Q3: 1.75
Median: 1.35
Q1: 1.00
AZO: 0.90
Min: 0.48

PDD

Consumer Discretionary Distribution & Retail industry group

2.62

PDD: 2.62
Max: 2.62
Q3: 1.75
Median: 1.35
Q1: 1.00
Min: 0.48

AutoZone (AZO) vs. PDD (PDD): A comparison of their current ratio against the Consumer Discretionary Distribution & Retail industry group benchmark.

Debt / Equity (MRQ)

Only one side’s leverage can be read here: PDD (PDD) carries debt-to-equity ratio of 0.01 against its industry range, while AutoZone (AZO) reports no figure this period.

AZO

Consumer Discretionary Distribution & Retail industry group

Max: 3.93
Q3: 2.14
Median: 1.25
Q1: 0.73
Min: 0.01
AZO: --

PDD

Consumer Discretionary Distribution & Retail industry group

0.01

Max: 3.93
Q3: 2.14
Median: 1.25
Q1: 0.73
PDD: 0.01
Min: 0.01

AutoZone (AZO) vs. PDD (PDD): AZO does not report debt-to-equity ratio, so it has no value marker; PDD is benchmarked against the Consumer Discretionary Distribution & Retail industry group.

Financial Strength Metrics

Financial strength metrics for AutoZone (AZO) and PDD (PDD)
Metric	AZO	PDD
Current Ratio (MRQ)	0.90	2.62
Debt / Equity (MRQ)	--	0.01
Net Debt / EBITDA	3.00	-4.56

Dividends

Dividend Yield (TTM)

Neither AutoZone (AZO) nor PDD (PDD) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.

AZO

Consumer Discretionary Distribution & Retail industry group

0.00%

Max: 5.84%
Q3: 2.50%
AZO: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

PDD

Consumer Discretionary Distribution & Retail industry group

0.00%

Max: 5.84%
Q3: 2.50%
PDD: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

AutoZone (AZO) vs. PDD (PDD): A comparison of their dividend yield against the Consumer Discretionary Distribution & Retail industry group benchmark.

Dividend Payout Ratio (TTM)

Neither AutoZone (AZO) nor PDD (PDD) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.

AZO

Consumer Discretionary Distribution & Retail industry group

0.00%

Max: 72.73%
Q3: 32.44%
AZO: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

PDD

Consumer Discretionary Distribution & Retail industry group

0.00%

Max: 72.73%
Q3: 32.44%
PDD: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

AutoZone (AZO) vs. PDD (PDD): A comparison of their payout ratio against the Consumer Discretionary Distribution & Retail industry group benchmark.

Dividend Metrics

Dividend metrics for AutoZone (AZO) and PDD (PDD)
Metric	AZO	PDD
Dividend Yield (TTM)	0.00%	0.00%
Dividend Payout Ratio (TTM)	0.00%	0.00%

Valuation

P/E Ratio (TTM)

PDD (PDD) at 9.34 sits in the cheaper P/E ratio quartile, while AutoZone (AZO) at 21.08 is closer to its industry’s usual earnings multiple — a discount for PDD, though growth and earnings durability still matter.

AZO

Consumer Discretionary Distribution & Retail industry group

21.08

Max: 40.50
Q3: 24.26
AZO: 21.08
Median: 19.23
Q1: 12.64
Min: 4.67

PDD

Consumer Discretionary Distribution & Retail industry group

9.34

Max: 40.50
Q3: 24.26
Median: 19.23
Q1: 12.64
PDD: 9.34
Min: 4.67

AutoZone (AZO) vs. PDD (PDD): A comparison of their P/E ratio against the Consumer Discretionary Distribution & Retail industry group benchmark.

P/S Ratio (TTM)

PDD (PDD) at 0.26 looks cheap on sales in the lower P/S ratio quartile, while AutoZone (AZO) at 2.55 looks rich in the upper quartile — a clear gap in price per dollar of revenue.

AZO

Consumer Discretionary Distribution & Retail industry group

2.55

Max: 4.32
AZO: 2.55
Q3: 1.99
Median: 0.70
Q1: 0.26
Min: 0.03

PDD

Consumer Discretionary Distribution & Retail industry group

0.26

Max: 4.32
Q3: 1.99
Median: 0.70
Q1: 0.26
PDD: 0.26
Min: 0.03

AutoZone (AZO) vs. PDD (PDD): A comparison of their P/S ratio against the Consumer Discretionary Distribution & Retail industry group benchmark.

P/B Ratio (MRQ)

AutoZone (AZO) reports a negative P/B ratio of -20.79, meaning negative book equity — the multiple itself is not meaningful for valuation. Meanwhile PDD (PDD) reports 1.74, ranking against industry peers normally.

AZO

Consumer Discretionary Distribution & Retail industry group

-20.79

Max: 10.96
Q3: 5.26
Median: 2.16
Q1: 1.08
Min: -4.45
AZO: -20.79

PDD

Consumer Discretionary Distribution & Retail industry group

1.74

Max: 10.96
Q3: 5.26
Median: 2.16
PDD: 1.74
Q1: 1.08
Min: -4.45

AutoZone (AZO) vs. PDD (PDD): A comparison of their P/B ratio against the Consumer Discretionary Distribution & Retail industry group benchmark.

Valuation Metrics

Valuation metrics for AutoZone (AZO) and PDD (PDD)
Metric	AZO	PDD
P/E Ratio (TTM)	21.08	9.34
P/S Ratio (TTM)	2.55	0.26
P/B Ratio (MRQ)	-20.79	1.74
Free Cash Flow Yield (TTM)	2.31%	63.15%