Advance Auto Parts Inc. (AAP) 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 %
Q0 27	$0.8	$1.03	+28.7%	—	$2B	—
Q2 26	$0.41	$0.86	+109.8%	—	—	—
Q1 26	$0.58	$0.69	+19.0%	—	—	—
Q4 25	-$0.69	-$0.22	+68.1%	—	—	—
Q3 25	-$1.23	-$1.18	+4.1%	—	—	—
Q2 25	$0.44	-$0.04	-109.1%	—	—	—
Q1 25	$0.94	$0.75	-20.2%	—	—	—
Q4 24	$0.63	$0.67	+6.3%	—	—	—
Q3 24	$0.22	-$0.59	-368.2%	—	—	—
Q2 24	$1.45	-$0.82	-156.6%	—	—	—
Q1 24	$1.67	$1.43	-14.4%	—	—	—
Q4 23	$2.56	$0.72	-71.9%	—	—	—
Q3 23	$2.42	$2.88	+19.0%	—	—	—
Q2 23	$3.34	$2.84	-15.0%	—	—	—
Q1 23	$3.76	$3.74	-0.5%	—	—	—
Q0 23	$3.59	$3.57	-0.6%	—	—	—

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	—	$0.73	—	—	$8.6B	—
FY24	—	-$5.63	—	—	$9.1B	—
FY23	—	$0.5	—	—	$11.3B	—
FY22	—	$8.32	—	—	$11.2B

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	$9.6B	$9.4B	$9.6B	$9.7B	$10.1B	$11B	$11.2B	$11.3B	$9.1B	$8.6B
YoY change	-1.74%	-2.03%	+2.21%	+1.34%	+4.09%	+8.82%	+1.43%	+1.19%	-19.4%	-5.42%

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	9.6B	9.4B	9.6B	9.7B	10.1B	11B	11.2B	11.3B	9.1B	8.6B
Cost of revenue	5.3B	5.3B	5.4B	5.5B	5.6B	6.1B	6.2B	6.8B	5.7B	4.9B
Gross profit	4.3B	4.1B	4.2B	4.3B	4.5B	4.9B	4.9B	4.5B	3.4B	3.7B
Gross margin	44.5%	43.6%	44%	43.8%	44.3%	44.8%	44.2%	40.1%	37.5%	43.4%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	3.5B	3.5B	3.6B	3.6B	3.7B	4.1B	4.3B	4.4B	4.1B	3.6B
Operating expenses	3.5B	3.5B	3.6B	3.6B	3.7B	4.1B	4.3B	4.4B	4.1B	3.6B
Operating income	787.6M	570.2M	604.3M	677.2M	749.9M	822.4M	670.3M	114.4M	-713.3M	161M
Operating margin	8.23%	6.08%	6.31%	6.97%	7.42%	7.48%	6.01%	1.01%	-7.84%	1.87%
Non-operating income, net	11.1M	8.8M	7.6M	464K	-52M	-2.1M	-14.8M	5.5M	26.2M	-113M
Pretax income	738.8M	520.3M	555.3M	637.7M	651M	782.5M	604.4M	31.8M	-768.1M	-91M
Income tax	279.2M	44.8M	131.4M	150.8M	158M	185.9M	140M	2.1M	-181.1M	-159M
Net income	459.6M	475.5M	423.8M	486.9M	493M	596.6M	464.4M	29.7M	-335.8M	44M
Net margin	4.8%	5.07%	4.42%	5.01%	4.88%	5.42%	4.16%	0.26%	-3.69%	0.51%
EBITDA	1.1B	828.3M	850M	926.8M	996M	1.1B	946.6M	426.4M	-395.1M	524M
EPS	6.22	6.44	5.75	6.87	7.17	9.62	8.32	0.5	-5.63	0.73
Diluted EPS	6.2	6.42	5.73	6.84	7.14	9.55	8.27	0.5	-5.63	0.73

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	Q4 22	Q1 23	Q2 23	Q3 23	Q4 23	Q2 24	Q3 24	Q4 24	Q1 25	Q3 25	Q4 25	Q1 26
Revenue	2.5B	3.4B	2.7B	2.2B	2.5B	2.7B	2.1B	2B	2.6B	2B	2B	2.6B
Cost of revenue	1.4B	2B	1.5B	1.4B	1.5B	1.6B	1.2B	1.6B	1.5B	1.2B	1.1B	1.4B
Gross profit	1.1B	1.5B	1.1B	817.6M	921M	1.1B	907.9M	347.1M	1.1B	881M	869M	1.2B
Gross margin	44.1%	42.8%	42.5%	36.9%	37.4%	41.5%	42.3%	17.4%	42.9%	43.3%	44%	45.1%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	958M	1.4B	1B	896.1M	1B	1B	907.5M	1.2B	1.1B	826M	801M	1.1B
Operating expenses	958M	1.4B	1B	896.1M	1B	1B	907.5M	1.2B	1.1B	826M	801M	1.1B
Operating income	132M	97.9M	126M	-78.6M	-80.7M	71.8M	403K	-820M	-13M	55M	68M	101M
Operating margin	5.34%	2.87%	4.69%	-3.54%	-3.27%	2.67%	0.02%	-41.1%	-0.5%	2.7%	3.45%	3.86%
Non-operating income, net	11.3M	-674K	1.7M	-305K	5.7M	9M	2.4M	13.5M	-91M	-17M	6M	-1M
Pretax income	127.4M	67.5M	106.8M	-98.3M	-93M	62.1M	-16M	-825.4M	-131M	-2M	21M	35M
Income tax	20.7M	19.2M	28.2M	-24.1M	-32.5M	17.1M	9.4M	-215.9M	-155M	-1M	-9M	11M
Net income	106.7M	48.3M	78.6M	-62M	-60.5M	45M	-6M	-414.8M	24M	-1M	6M	24M
Net margin	4.31%	1.41%	2.93%	-2.8%	-2.45%	1.68%	-0.28%	-20.8%	0.93%	-0.05%	0.3%	0.92%
EBITDA	211.9M	189.8M	198.1M	-35.2M	-3.5M	165.2M	69M	-731.7M	103M	139M	156M	206M
EPS	1.8	0.81	1.32	-1.05	-0.59	0.75	-0.1	-6.94	0.4	-0.02	0.1	0.4
Diluted EPS	1.79	0.81	1.32	-1.05	-0.59	0.75	-0.1	-6.94	0.4	-0.02	0.1	0.39

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	12.4B	7.4B	11.6B	11.4B	10.8B	15.4B	8.9B	3.6B	2.8B	2.4B	2.4B
Enterprise value	13.3B	7.9B	11.8B	13.7B	13B	18.1B	12.3B	7.1B	4.6B	4.5B	4.5B
Shares outstanding	73.6M	73.8M	73.7M	70.9M	68.7M	64M	60.4M	59.4M	59.6M	59.9M	59.9M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	27.1	15.5	27.4	23.3	22	25.7	19.1	122	—	53.5	53.5
P/S	1.3	0.79	1.21	1.17	1.07	1.4	0.8	0.32	0.31	0.27	0.27
P/B	4.27	2.16	3.27	3.2	3.04	4.91	3.41	1.44	1.3	1.07	1.07
EV/EBITDA	12.6	9.49	13.8	14.8	13.1	16.8	12.9	16.7	-11.7	8.5	8.5
EV/Sales	1.4	0.84	1.23	1.41	1.29	1.65	1.1	0.63	0.51	0.52	0.52
Earnings yield	3.69%	6.46%	3.65%	4.29%	4.55%	3.88%	5.23%	0.82%	—	1.87%	1.87%
FCF yield	2.12%	5.58%	5.32%	3.48%	6.48%	5.32%	3.5%	1.24%	-3.41%	-12.7%	-12.7%

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	44.5%	43.6%	44%	43.8%	44.3%	44.8%	44.2%	40.1%	37.5%	43.4%	43.4%
Operating margin	8.23%	6.08%	6.31%	6.97%	7.42%	7.48%	6.01%	1.01%	-7.84%	1.87%	1.87%
Net margin	4.8%	5.07%	4.42%	5.01%	4.88%	5.42%	4.16%	0.26%	-3.69%	0.51%	0.51%
ROE	15.8%	13.9%	11.9%	13.7%	13.9%	19.1%	17.9%	1.18%	-15.5%	2%	2%
ROA	5.53%	5.61%	4.69%	4.33%	4.16%	4.89%	3.87%	0.24%	-3.11%	0.37%	0.37%
ROIC	12.8%	13.3%	12.5%	8.77%	9.84%	10.6%	8.61%	1.77%	-17.9%	3.75%	3.75%
Return on tangible assets	9.1%	8.97%	7.11%	6.21%	5.81%	6.7%	5.3%	0.33%	-3.82%	0.45%	0.45%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	1.41	1.56	1.57	1.27	1.32	1.21	1.11	1.2	1.32	1.75	1.75
Quick ratio	0.23	0.36	0.44	0.28	0.37	0.31	0.21	0.29	0.54	0.87	0.87
Debt / equity	0.36	0.31	0.29	0.78	0.86	1.08	1.4	1.59	1.7	2.38	2.38
Debt / assets	0.13	0.12	0.12	0.25	0.26	0.28	0.3	0.33	0.34	0.44	0.44
Net debt / EBITDA	0.86	0.6	0.18	2.53	2.22	2.56	3.57	8.21	-4.6	4.01	4.01
Interest coverage	13.3	9.85	10.8	17	14.9	21.7	12.8	1.36	-8.48	0.35	0.35
Effective tax rate	37.8%	8.6%	23.7%	23.7%	24.3%	23.8%	23.2%	6.63%	0%	0%	0%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	130.1	126.9	129.9	137	147	171.8	184.8	189.9	152.5	143.6	143.6
EPS (basic)	6.22	6.44	5.75	6.87	7.17	9.62	8.32	0.5	-5.63	0.73	0.73
EPS (diluted)	6.2	6.42	5.73	6.84	7.14	9.55	8.27	0.5	-5.63	0.73	0.73
Book value per share	39.6	46.2	48.2	50.1	51.8	48.9	43.1	42.4	36.4	36.7	36.7
FCF per share	3.59	5.57	8.37	5.58	10.2	12.8	5.15	0.76	-1.61	-4.97	-4.97
Cash per share	1.84	7.41	12.2	5.91	12.1	9.39	4.49	8.47	31.3	52.1	52.1
Capex per share	3.5	2.42	2.6	3.69	3.88	4.49	7	3.96	2.81	—	—

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	2.69%	1.91%	2%	2.69%	2.64%	2.61%	3.79%	2.09%	1.84%	—	—
Capex / operating cash flow	53.1%	29.9%	27.4%	28.4%	31.8%	28.9%	47.3%	137.8%	-93.9%	—	—
Payout ratio	3.86%	3.75%	4.2%	3.53%	11.4%	27%	72.4%	703.9%	-17.8%	136.4%	136.4%
Dividend yield	0.14%	0.24%	0.15%	0.15%	0.52%	1.05%	3.79%	5.77%	2.12%	2.55%	2.55%

Yield

—

trailing twelve months

Frequency

Quarterly

Last dividend

$0.25

ex-dividend Jul 10, 2026

Payout ratio

136%

of earnings

Dividend growth

0 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Jul 10, 2026	$0.25
Apr 10, 2026	$0.25
Jan 9, 2026	$0.25

Period	Q4 22	Q1 23	Q2 23	Q3 23	Q4 23	Q2 24	Q3 24	Q4 24	Q1 25	Q3 25	Q4 25	Q1 26
Revenue	$2.5B	$3.4B	$2.7B	$2.2B	$2.5B	$2.7B	$2.1B	$2B	$2.6B	$2B	$2B	$2.6B
YoY change	+3.2%	+1.29%	+0.77%	-16%	-0.36%	-0.11%	-3.17%	-19%	—	-5.21%	-1.15%	+1.2%

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	135.2M	546.9M	896.5M	418.7M	835M	601.4M	270.8M	503.5M	1.9B	3.1B
Receivables	647.1M	610.5M	625.9M	671.4M	727.6M	708.7M	690.2M	816.8M	573.7M	370M
Inventory	4.3B	4.2B	4.4B	4.4B	4.5B	4.7B	4.9B	4.9B	3.6B	3.6B
Total current assets	5.2B	5.4B	6.1B	5.7B	6.3B	6.3B	6B	6.4B	6.1B	7.3B
Property, plant & equipment	522.6M	425.3M	375.5M	2.8B	2.8B	3.1B	3B	2.9B	2.2B	2.1B
Goodwill & intangibles	3.3B	3.2B	3.1B	3.4B	3.3B	3.3B	3.2B	3.2B	2B	2B
Total assets	8.3B	8.5B	9B	11.2B	11.8B	12.2B	12B	12.3B	10.8B	11.8B
Accounts payable	3.1B	2.9B	3.2B	3.4B	3.6B	3.9B	4.2B	4.2B	3.4B	3B
Short-term debt	306K	—	—	—	—	—	185M	—	—	—
Total current liabilities	3.7B	3.5B	3.9B	4.5B	4.7B	5.2B	5.4B	5.3B	4.7B	4.2B
Long-term debt	1B	1B	1B	2.8B	3B	3.4B	3.5B	4B	3.7B	5.2B
Total liabilities	5.4B	5.1B	5.5B	7.7B	8.3B	9.1B	9.4B	9.8B	8.6B	9.6B
Shareholders' equity	2.9B	3.4B	3.6B	3.5B	3.6B	3.1B	2.6B	2.5B	2.2B	2.2B
Total debt	1B	1B	1B	2.8B	3B	3.4B	3.7B	4B	3.7B	5.2B
Net debt	908.1M	497.4M	149.2M	2.3B	2.2B	2.8B	3.4B	3.5B	1.8B	2.1B

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	Q4 22	Q1 23	Q2 23	Q3 23	Q4 23	Q2 24	Q3 24	Q4 24	Q1 25	Q3 25	Q4 25	Q1 26
Cash & short-term investments	270.8M	226.5M	277.1M	317.5M	503.5M	479.4M	464.5M	1.9B	1.7B	3.2B	3.1B	3B
Receivables	690.2M	790.7M	798M	870.4M	816.8M	865.9M	684M	573.7M	411M	428M	370M	392M
Inventory	4.9B	5B	5.1B	4.9B	4.9B	4.9B	4B	3.6B	3.7B	3.7B	3.6B	3.8B
Total current assets	6B	6.2B	6.3B	6.3B	6.4B	6.5B	7.5B	6.1B	6.1B	7.5B	7.3B	7.3B
Property, plant & equipment	3B	4.3B	4.3B	4.3B	2.9B	4.2B	3.9B	2.2B	3.5B	3.5B	2.1B	3.4B
Goodwill & intangibles	3.2B	3.2B	3.2B	3.2B	3.2B	3.1B	2B	2B	2B	2B	2B	2B
Total assets	12B	12.2B	12.3B	12.2B	12.3B	12.3B	12.5B	10.8B	10.6B	12.1B	11.8B	11.8B
Accounts payable	4.2B	3.7B	3.8B	3.9B	4.2B	4B	3.5B	3.4B	3.4B	3.2B	3B	3.1B
Short-term debt	185M	116M	95M	—	—	—	—	—	299M	—	—	—
Total current liabilities	5.4B	5B	5B	5.1B	5.3B	5.3B	5.6B	4.7B	4.8B	4.3B	4.2B	4.1B
Long-term debt	3.5B	4.1B	4B	4B	4B	4B	3.8B	3.7B	3.4B	5.3B	5.2B	5.2B
Total liabilities	9.4B	9.5B	9.6B	9.6B	9.8B	9.7B	9.9B	8.6B	8.4B	9.9B	9.6B	9.6B
Shareholders' equity	2.6B	2.6B	2.7B	2.6B	2.5B	2.6B	2.6B	2.2B	2.2B	2.2B	2.2B	2.2B
Total debt	3.7B	4.2B	4.1B	4B	4B	4B	3.8B	3.7B	3.7B	5.3B	5.2B	5.2B
Net debt	3.4B	3.9B	3.9B	3.7B	3.5B	3.5B	3.3B	1.8B	2B	2.1B	2.1B	2.3B

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	459.6M	475.5M	423.8M	486.9M	493M	596.6M	464.4M	29.7M	-587M	68M
Depreciation & amortization	258.4M	249.3M	238.2M	238.4M	250.1M	259.9M	283.8M	306.5M	292M	272M
Stock-based compensation	20.5M	35.3M	27.8M	37.4M	45.3M	63.1M	51M	45.6M	42.2M	36M
Change in working capital	-271.8M	-14.9M	-6.8M	134.2M	40.5M	25.3M	75M	-166.5M	273.9M	-422M
Operating cash flow	484.9M	597M	701.1M	921.8M	838.4M	995.7M	893.3M	170.8M	-178.2M	-46M
Capital expenditure	-257.3M	-178.7M	-191.8M	-261.4M	-266.7M	-287.3M	-422.5M	-235.5M	-167.4M	—
Investing cash flow	-266.7M	-178.6M	-191.8M	-261.4M	-266.7M	-287.3M	-422.5M	-235.5M	-167.4M	-8M
Dividends paid	-17.7M	-17.9M	-17.8M	-17.2M	-56.3M	-160.9M	-336.2M	-209.3M	-59.9M	-60M
Share repurchases	-18.4M	-6.5M	-281.4M	-498.4M	-469.7M	-906.2M	-618.5M	-14.5M	-6.5M	—
Financing cash flow	-217.1M	-14.9M	-263.9M	-941.5M	-782.7M	-1.1B	-2.5B	-4.8B	-75M	1.5B
Net change in cash	1M	403.5M	245.4M	-281.1M	-211M	-352.6M	-2B	-4.9B	-420.6M	1.5B
Free cash flow	263.7M	411M	617.3M	395.3M	701.9M	817.4M	310.6M	45M	-96.2M	-298M

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	Q4 22	Q1 23	Q2 23	Q3 23	Q4 23	Q2 24	Q3 24	Q4 24	Q1 25	Q3 25	Q4 25	Q1 26
Net income	106.7M	48.3M	78.6M	-121.7M	-60.5M	68M	-25.4M	-609.5M	24M	-1M	30M	24M
Depreciation & amortization	68.6M	92.6M	70.4M	43.7M	71.5M	84.4M	66.2M	74.8M	89M	68M	58M	74M
Stock-based compensation	10.7M	16.5M	10.3M	7M	8.2M	12.7M	8.8M	8.4M	11M	9M	7M	12M
Change in working capital	201.3M	-637.4M	10.9M	205M	281.8M	-108.9M	-25.2M	510.2M	-152M	-201M	0	-113M
Operating cash flow	370M	-472.3M	185.5M	85.5M	288M	68M	35.6M	-242.7M	-47M	-12M	72M	-19M
Capital expenditure	-90.7M	-89.7M	-53.7M	-28.8M	-50.3M	-43.6M	-41.5M	-50.9M	-27M	—	—	—
Investing cash flow	-90.7M	-89.7M	-53.7M	-28.8M	-50.3M	-43.6M	-41.5M	-50.9M	-27M	—	—	-2M
Dividends paid	0	-89.5M	-89.9M	-15M	-15M	-14.9M	-14.9M	-15M	-15M	-15M	-15M	-30M
Share repurchases	-75.9M	-12.6M	-1.2M	-429K	-281K	-1.6M	-601K	-900K	-2M	-1M	—	—
Financing cash flow	-2.1B	356.2M	-111.3M	-109.9M	-15.7M	-18M	-14.7M	-14.3M	-17M	-59M	-22M	-37M
Net change in cash	-1.8B	-205.7M	20.6M	-53.3M	222M	6.3M	-20.6M	-307.9M	-91M	-71M	50M	-58M
Free cash flow	146.8M	-472.5M	160.5M	166.7M	201.8M	38.4M	27.2M	-124.4M	-198M	-76M	-21M	-75M

Date	Ratio
Sep 26, 2005	3:2
Jan 5, 2004	2:1

Advance Auto Parts 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

Dividend per share

Recent payouts

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

Split history