O'Reilly Automotive Inc. (ORLY) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q2 26	$0.86	$0.86	0.0%	—	$4.9B	—
Q1 26	$0.7	$0.72	+2.9%	—	$4.6B	—
Q4 25	$0.72	$0.71	-1.4%	—	$4.4B	—
Q2 25	$0.78	$0.78	0.0%	—	$4.5B	—
Q1 25	$0.66	$0.62	-6.1%	—	$4.1B	—
Q4 24	$0.65	$0.63	-3.1%	—	$4.1B	—
Q3 24	$0.77	$0.76	-1.3%	—	$4.4B	—
Q2 24	$0.73	$0.7	-4.1%	—	$4.3B	—
Q1 24	$0.62	$0.61	-1.6%	—	$4B	—
Q4 23	$0.61	$0.62	+1.6%	—	$3.8B	—
Q3 23	$10.4	$10.7	+3.2%	—	$4.2B	—
Q2 23	$10.1	$10.2	+1.3%	—	$4.1B	—
Q1 23	$8	$8.28	+3.5%	—	$3.7B	—
Q4 22	$7.75	$8.37	+8.0%	—	$3.6B	—
Q3 22	$8.5	$9.17	+7.9%	—	$3.8B	—
Q2 22	$8.96	$8.78	-2.0%	—	$3.7B	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$2.98	—	—	$17.8B	—
FY24	—	$2.73	—	—	$16.7B	—
FY23	—	$38.8	—	—	$15.8B	—
FY22	—	$33.8	—	—	$14.4B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$8.6B	$9B	$9.5B	$10.1B	$11.6B	$13.3B	$14.4B	$15.8B	$16.7B	$17.8B
YoY change	+7.86%	+4.48%	+6.22%	+6.43%	+14.3%	+14.8%	+8.12%	+9.73%	+5.67%	+6.42%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	8.6B	9B	9.5B	10.1B	11.6B	13.3B	14.4B	15.8B	16.7B	17.8B
Cost of revenue	4.1B	4.3B	4.5B	4.8B	5.5B	6.3B	7B	7.7B	8.2B	8.6B
Gross profit	4.5B	4.7B	5B	5.4B	6.1B	7B	7.4B	8.1B	8.6B	9.2B
Gross margin	52.5%	52.6%	52.8%	53.1%	52.4%	52.7%	51.2%	51.3%	51.2%	51.6%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	2.8B	3B	3.2B	3.5B	3.7B	4.1B	4.4B	4.9B	5.3B	5.7B
Operating expenses	2.8B	3B	3.2B	3.5B	3.7B	4.1B	4.4B	4.9B	5.3B	5.7B
Operating income	1.7B	1.7B	1.8B	1.9B	2.4B	2.9B	3B	3.2B	3.3B	3.5B
Operating margin	19.8%	19.2%	19%	18.9%	20.8%	21.9%	20.5%	20.2%	19.5%	19.5%
Non-operating income, net	4.7M	1.4M	-1.5M	7M	5.7M	7.5M	-2.9M	15.1M	9.2M	7.3M
Pretax income	1.6B	1.6B	1.7B	1.8B	2.3B	2.8B	2.8B	3B	3B	3.2B
Income tax	599.5M	504M	369.6M	399.3M	514.1M	617.2M	626M	658.2M	658.4M	702M
Net income	1B	1.1B	1.3B	1.4B	1.8B	2.2B	2.2B	2.3B	2.4B	2.5B
Net margin	12.1%	12.6%	13.9%	13.7%	15.1%	16.2%	15.1%	14.8%	14.3%	14.3%
EBITDA	1.9B	2B	2.1B	2.2B	2.7B	3.3B	3.3B	3.6B	3.7B	4B
EPS	10.9	12.8	16.3	18.1	23.7	31.4	33.8	38.8	2.73	2.98
Diluted EPS	10.7	12.7	16.1	17.9	23.5	31.1	33.4	38.5	2.71	2.97

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	4.2B	3.8B	4B	4.3B	4.4B	4.1B	4.1B	4.5B	4.7B	4.4B	4.6B	4.9B
Cost of revenue	2B	1.9B	1.9B	2.1B	2.1B	2B	2B	2.2B	2.3B	2.1B	2.2B	2.4B
Gross profit	2.2B	2B	2B	2.2B	2.3B	2.1B	2.1B	2.3B	2.4B	2.3B	2.3B	2.5B
Gross margin	51.4%	51.3%	51.2%	50.7%	51.6%	51.3%	51.3%	51.4%	51.9%	51.8%	51.5%	51.4%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	1.3B	1.2B	1.3B	1.3B	1.4B	1.4B	1.4B	1.4B	1.5B	1.5B	1.5B	1.5B
Operating expenses	1.3B	1.2B	1.3B	1.3B	1.4B	1.4B	1.4B	1.4B	1.5B	1.5B	1.5B	1.5B
Operating income	897.2M	718.7M	752.5M	863.3M	896.7M	738.6M	741.5M	914.5M	976.1M	828.6M	841.6M	985.7M
Operating margin	21.3%	18.8%	18.9%	20.2%	20.5%	18%	17.9%	20.2%	20.7%	18.8%	18.5%	20.2%
Non-operating income, net	-486K	7M	3.4M	1.6M	4.3M	-106K	-1.2M	2.4M	5.4M	709K	-522K	6.6M
Pretax income	846.7M	671.5M	700.4M	811.6M	847.9M	685.2M	684.4M	861.5M	923.6M	770.7M	780.1M	924.1M
Income tax	196.8M	119M	153.2M	188.7M	182.5M	134.1M	145.9M	192.9M	197.8M	165.5M	175.9M	209M
Net income	649.8M	552.5M	547.2M	622.8M	665.5M	551.1M	538.5M	668.6M	725.9M	605.2M	604.2M	715.1M
Net margin	15.5%	14.4%	13.8%	14.6%	15.2%	13.5%	13%	14.8%	15.4%	13.7%	13.2%	14.6%
EBITDA	1B	840.2M	867.2M	979.6M	1B	863.2M	864.1M	1B	1.1B	966.7M	978.2M	1.1B
EPS	10.8	9.33	9.27	10.6	0.76	0.64	0.63	0.78	0.86	0.72	0.72	0.87
Diluted EPS	10.7	9.26	9.2	10.6	0.76	0.63	0.62	0.78	0.85	0.71	0.72	0.86

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	1.8B	1.4B	1.9B	2.2B	2.2B	3.2B	3.6B	3.8B	—	77.7B	70B
Enterprise value	3.5B	4.4B	5.3B	8.1B	7.9B	8.8B	10.1B	11.4B	—	86B	79B
Shares outstanding	95.4M	88.4M	81.4M	77M	73.8M	69M	64.4M	60.5M	875.1M	851.5M	851.5M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	1.71	1.25	1.41	1.62	1.27	1.5	1.67	1.63	—	30.6	27.5
P/S	0.21	0.16	0.2	0.22	0.19	0.24	0.25	0.24	—	4.37	3.77
P/B	1.09	2.17	5.28	5.66	15.9	-48.9	-3.41	-2.2	—	-101.7	-38.9
EV/EBITDA	1.82	2.22	2.53	3.67	2.89	2.69	3.03	3.15	—	21.6	18.9
EV/Sales	0.41	0.48	0.55	0.8	0.68	0.66	0.7	0.72	—	4.83	4.25
Earnings yield	58.6%	80%	70.9%	61.8%	78.7%	66.7%	60%	61.3%	—	3.27%	3.64%
FCF yield	58.4%	66.1%	65.5%	48%	106.5%	85.1%	71.4%	52.9%	—	2.05%	2.24%
PEG	—	—	—	—	—	—	—	—	—	—	2.38

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	52.5%	52.6%	52.8%	53.1%	52.4%	52.7%	51.2%	51.3%	51.2%	51.6%	51.4%
Operating margin	19.8%	19.2%	19%	18.9%	20.8%	21.9%	20.5%	20.2%	19.5%	19.5%	20.2%
Net margin	12.1%	12.6%	13.9%	13.7%	15.1%	16.2%	15.1%	14.8%	14.3%	14.3%	14.3%
ROE	63.8%	173.6%	374.5%	350.1%	1.2K%	-3.3K%	-204.8%	-134.9%	-174.1%	-332.5%	-332.5%
ROA	14.4%	15%	16.6%	13%	15.1%	18.5%	17.2%	16.9%	16%	15.3%	13.7%
ROIC	32%	33.3%	38%	24%	32%	41.7%	42.7%	42.7%	39.7%	36%	37.8%
Return on tangible assets	18.4%	18.9%	20.8%	15.7%	17.8%	21.7%	20.2%	19.6%	18.5%	17.5%	17.1%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	0.96	0.93	0.91	0.86	0.86	0.77	0.71	0.73	0.71	0.77	0.75
Quick ratio	0.14	0.11	0.09	0.08	0.16	0.14	0.1	0.12	0.09	0.12	0.13
Debt / equity	1.16	4.56	9.66	14.8	44	-88.3	-6.17	-4.51	-5.78	-11.1	-0.05
Debt / assets	0.26	0.39	0.43	0.55	0.53	0.5	0.52	0.57	0.53	0.51	0.55
Net debt / EBITDA	0.9	1.49	1.63	2.64	2.08	1.69	1.94	2.09	2.09	2.08	2.23
Interest coverage	24.1	18.9	14.9	13.8	15.1	20.2	18.7	15.9	14.7	14.8	14.4
Effective tax rate	36.6%	30.8%	21.8%	22.3%	22.7%	22.2%	22.4%	21.9%	21.6%	21.7%	22%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	90	101.5	117.1	131.8	157.2	193.2	223.9	261.5	19.1	20.9	22.1
EPS (basic)	10.9	12.8	16.3	18.1	23.7	31.4	33.8	38.8	2.73	2.98	2.98
EPS (diluted)	10.7	12.7	16.1	17.9	23.5	31.1	33.4	38.5	2.71	2.97	3.15
Book value per share	17	7.39	4.34	5.16	1.9	-0.96	-16.5	-28.8	-1.57	-0.9	-2.25
FCF per share	10.8	10.6	15	14	32.1	40.1	40.2	33.5	2.32	1.87	2.6
Cash per share	1.54	0.52	0.38	0.52	6.31	5.25	1.69	4.62	0.15	0.23	0.32
Capex per share	4.94	5.22	6.14	8.07	6.09	6.28	8.52	16.3	1.15	—	—

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	5.48%	5.14%	5.24%	6.12%	3.88%	3.25%	3.81%	6.25%	6.03%	—	—
Capex / operating cash flow	32%	33.3%	29.5%	36.2%	17%	14.3%	18.4%	33.1%	32.6%	—	—
Payout ratio	—	—	—	—	—	—	—	—	—	—	0%

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$4.2B	$3.8B	$4B	$4.3B	$4.4B	$4.1B	$4.1B	$4.5B	$4.7B	$4.4B	$4.6B	$4.9B
YoY change	+10.7%	+5.15%	+7.24%	+4.99%	+3.83%	+6.88%	+4.04%	+5.92%	+7.82%	+7.78%	+10.2%	+8.11%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	146.6M	46.3M	31.3M	40.4M	465.6M	362.1M	108.6M	279.1M	130.2M	193.8M
Receivables	197.3M	216.3M	192M	214.9M	229.7M	272.6M	343.2M	375M	356.8M	389.8M
Inventory	2.8B	3B	3.2B	3.5B	3.7B	3.7B	4.4B	4.7B	5.1B	5.7B
Total current assets	3.3B	3.4B	3.5B	3.8B	4.5B	4.5B	5B	5.6B	5.8B	6.7B
Property, plant & equipment	1.3B	1.4B	1.4B	3.5B	3.5B	3.5B	3.6B	4.1B	4.5B	4.8B
Goodwill & intangibles	1.6B	1.6B	1.6B	1.9B	1.8B	1.8B	1.9B	1.9B	2B	2B
Total assets	7.2B	7.6B	8B	10.7B	11.6B	11.7B	12.6B	13.9B	14.9B	16.5B
Accounts payable	2.9B	3.2B	3.4B	3.6B	4.2B	4.7B	5.9B	6.1B	6.5B	7.1B
Short-term debt	—	—	—	316.1M	322.8M	337.8M	366.7M	389.5M	419.2M	439.9M
Total current liabilities	3.4B	3.6B	3.9B	4.5B	5.3B	5.9B	7.1B	7.7B	8.3B	8.8B
Long-term debt	1.9B	3B	3.4B	5.5B	5.8B	5.5B	6.2B	7.5B	7.5B	8.1B
Total liabilities	5.6B	6.9B	7.6B	10.3B	11.5B	11.8B	13.7B	15.6B	16.3B	17.3B
Shareholders' equity	1.6B	653M	353.7M	397.3M	140.3M	-66.4M	-1.1B	-1.7B	-1.4B	-763.4M
Total debt	1.9B	3B	3.4B	5.9B	6.2B	5.9B	6.5B	7.8B	7.9B	8.5B
Net debt	1.7B	2.9B	3.4B	5.8B	5.7B	5.5B	6.4B	7.6B	7.8B	8.3B

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	82.7M	—	89.3M	145M	115.6M	—	191.2M	198.6M	204.5M	193.8M	252.6M	262.2M
Receivables	399.7M	—	437.8M	619.9M	556.3M	—	522.1M	552.1M	422.8M	389.8M	431.2M	457.8M
Inventory	4.6B	—	4.8B	4.8B	4.9B	—	5.2B	5.4B	5.6B	5.7B	5.8B	6B
Total current assets	5.4B	—	5.6B	5.7B	5.7B	—	6B	6.3B	6.6B	6.7B	7B	7.2B
Property, plant & equipment	7.1B	989.6M	7.4B	7.5B	7.7B	1.1B	8.1B	8.4B	8.5B	4.8B	8.8B	9B
Goodwill & intangibles	1.8B	—	2B	2B	2B	—	1.9B	1.9B	1.9B	2B	1.9B	1.9B
Total assets	13.6B	—	14.2B	14.4B	14.6B	—	15.3B	15.8B	16.3B	16.5B	16.9B	17.4B
Accounts payable	6.2B	—	6.1B	6.2B	6.4B	—	6.5B	6.9B	7.1B	7.1B	7.2B	7.4B
Short-term debt	385.9M	—	399.2M	401.7M	408.6M	—	425.3M	434.2M	436.7M	439.9M	445.4M	452.3M
Total current liabilities	7.8B	—	7.9B	8.1B	8.2B	—	8.5B	8.7B	8.7B	8.8B	9.2B	9.6B
Long-term debt	7B	—	7.2B	7.3B	7.3B	—	7.7B	7.9B	8B	8.1B	8.3B	9.1B
Total liabilities	15.3B	—	15.6B	16B	16B	—	16.7B	17.1B	17.2B	17.3B	18B	19.2B
Shareholders' equity	-1.8B	—	-1.4B	-1.6B	-1.4B	—	-1.4B	-1.2B	-894.7M	-763.4M	-1.1B	-1.8B
Total debt	7.4B	—	7.6B	7.7B	7.7B	—	8.1B	8.3B	8.4B	8.5B	8.7B	9.6B
Net debt	7.3B	—	7.5B	7.6B	7.6B	—	7.9B	8.1B	8.2B	8.3B	8.5B	9.3B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	1B	1.1B	1.3B	1.4B	1.8B	2.2B	2.2B	2.3B	2.4B	2.5B
Depreciation & amortization	217.9M	233.8M	258.9M	270.9M	314.6M	328.2M	357.9M	409.1M	461.9M	511.2M
Stock-based compensation	18.9M	19.4M	20.2M	21.9M	22.7M	24.7M	26.5M	27.5M	28.9M	35.1M
Change in working capital	177.5M	-13.1M	58.2M	-2.1M	539.5M	491.8M	345.7M	150.5M	248.8M	-320.1M
Operating cash flow	1.5B	1.4B	1.7B	1.7B	2.7B	3B	3B	3B	3.1B	2.8B
Capital expenditure	-471.2M	-461.5M	-499.5M	-620.9M	-449.8M	-433.4M	-548.5M	-988.6M	-1B	—
Investing cash flow	-529.1M	-464.2M	-534.3M	-830.5M	-779M	-796M	-928.3M	-995.9M	-1.2B	-14.4M
Dividends paid	—	—	—	—	—	—	—	—	—	—
Share repurchases	-1.5B	-2.2B	-1.7B	-1.4B	-2.1B	-2.5B	-3.3B	-3.2B	-2.1B	-2.1B
Financing cash flow	-951.3M	-3.8B	-3.7B	-3.6B	-3.2B	-2.7B	-2.7B	-1.9B	-2.6B	-1.5B
Net change in cash	-9.2M	-2.9B	-2.5B	-2.8B	-1.3B	-454.6M	-612.9M	124.3M	-655M	1.2B
Free cash flow	1B	937.7M	1.2B	1.1B	2.4B	2.8B	2.6B	2B	2B	1.6B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	649.8M	552.5M	547.2M	622.8M	665.5M	551.1M	538.5M	668.6M	725.9M	605.2M	604.2M	715.1M
Depreciation & amortization	104.9M	112.5M	109.6M	113.2M	116.4M	122.6M	122.2M	124.9M	128.7M	135.4M	135.4M	138.3M
Stock-based compensation	7.4M	5.6M	7M	7.2M	7.4M	7.3M	8.4M	10.4M	8.3M	8M	8.8M	8.7M
Change in working capital	-15.1M	142M	-106.7M	244.7M	-127.6M	238.3M	-46.4M	-204.4M	40.3M	-109.5M	266.4M	159.4M
Operating cash flow	774.1M	824.7M	564.2M	1B	654.5M	862.8M	616.6M	756.8M	616.5M	633.5M	1B	1B
Capital expenditure	-289.6M	-245.1M	-245.4M	-221.7M	-255.6M	-284.4M	-285M	—	—	—	—	—
Investing cash flow	-289.8M	-246.2M	-400.8M	-221.7M	-261.2M	-283.2M	-285M	—	-3.7M	-722K	-1.8M	-1M
Dividends paid	—	—	—	—	—	—	—	—	—	—	—	—
Share repurchases	-799.5M	-560.2M	-270M	-793.8M	-540.7M	-472M	-559.4M	-617.2M	-420M	-500.3M	-922.9M	-1.5B
Financing cash flow	-3.8B	4.2B	-804.4M	-563.2M	-1.3B	-136.4M	-409.5M	-441.4M	-309M	-388.9M	-729M	-692.6M
Net change in cash	-3.3B	4.8B	-640.9M	222.8M	-883.6M	443.2M	-77.8M	315.5M	303.8M	243.8M	302.1M	312.9M
Free cash flow	573.3M	264.1M	455M	723.5M	513.7M	334M	468.2M	456.1M	304.4M	364.5M	788.5M	698.9M

O'Reilly Automotive Inc. Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement