ADVANCE AUTO PARTS INC AAP

Consumer discretionary SIC 5531 - Retail-Auto & Home Supply Stores NAICS Retail Trade › Motor Vehicle and Parts Dealers › Automotive Parts, Accessories, and Tire Retailers derived NYSE

Advance Auto Parts, Inc. and its subsidiaries is a leading automotive aftermarket parts provider in North America, serving both professional installers ("professional") and "do-it-yourself" ("DIY") customers, as well as independently-owned operators. The Company's stores offer a broad selection of brand names, original equipment manufacturer ("OEM") and owned brand automotive replacement parts, accessories, batteries and maintenance items for domestic and imported cars, vans, sport utility vehicles and light and heavy-duty trucks. As of January 3, 2026, the Company operated 4,305 stores primarily within the United States, with additional locations in Canada, Puerto Rico and the U.S. Virgin Islands. In addition, as of January 3, 2026, we served 809 independently owned Carquest branded stores across the same geographic locations served by our stores in addition to Mexico and various Caribbean islands. Our stores operate primarily under the trade names "Advance Auto Parts" and "Carquest".

Last close 46.92 2026-10-23
Market cap $2.83B 2026-07-18 share count
52-week range 37.89 - 65.20

Valuation FY2025 figures against the last close

P/S0.3x
P/E64.3x
P/FCF—
EV/EBITDA13.6x
Dividend yield2.1%
Diluted EPS0.73

Where the revenue comes from as reported in the latest 10-K

Revenue by geography

  • United States
  • Canada
Revenue by geography, 2 categories over 3 years. The same figures are in the table below. FY2025 United States, FY2025: 8.3B (96.6%) 97% United States Canada, FY2025: 292M (3.4%) FY2024 United States, FY2024: 8.8B (96.8%) 97% Canada, FY2024: 294M (3.2%) FY2023 United States, FY2023: 8.9B (96.8%) 97% Canada, FY2023: 295M (3.2%)
Region FY2025FY2024FY2023
United States $8.31B $8.80B $8.91B
Canada $292.0M $294.0M $295.0M

As the company reported it, from the “Segment Reporting - Net Sales Disaggregated by Geographical Area (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Regions are the filer's own and are not mapped onto a standard list — one company's “Americas” and another's “United States” are different areas, and making them look comparable would mean making at least one of them wrong. Slices under 1% are folded into “Other”.

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $8.60B$9.09B$9.21B$9.15B$11.00B$10.11B$9.71B$9.58B$9.37B$9.57B
Cost of revenue $4.87B$5.68B$5.35B$4.92B$6.07B$5.62B$5.45B$5.36B$5.29B$5.31B
Gross profit $3.73B$3.41B$3.86B$4.23B$4.92B$4.48B$4.25B$4.22B$4.09B$4.26B
SG&A $3.57B$3.81B$3.81B$3.71B$4.10B$3.73B$3.58B$3.62B$3.51B$3.47B
Operating income -$43.0M-$713.0M$39.0M$524.6M$822.4M$749.9M$677.2M$604.3M$570.2M$787.6M
Pre-tax income -$91.0M-$768.0M-$47.0M$460.2M$782.5M$651.0M$637.7M$555.3M$520.3M$738.8M
Income tax $159.0M$181.0M$17.0M$99.7M$185.9M$158.0M$150.8M$131.4M$44.8M$279.2M
Net income $44.0M-$336.0M$30.0M$464.4M$596.6M$493.0M$486.9M$423.8M$475.5M$459.6M
EPS, basic 0.73-5.630.507.709.327.176.875.756.446.22
EPS, diluted 0.73-5.610.507.659.257.146.845.736.426.20
Shares, diluted (wtd. avg.) 60.6M59.9M59.6M60.7M64.5M69.0M71.2M74.0M74.1M73.9M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $3.12B$1.87B$488.0M$220.1M$588.0M$827.0M$418.7M$896.5M$546.9M$135.2M
Receivables $380.0M$544.0M$609.5M$684.0M$754.1M$750.0M$689.5M$625.0M$606.4M$641.3M
Inventory $3.65B$3.61B$3.89B$4.90B$4.68B$4.54B$4.43B$4.36B$4.17B$4.33B
Total current assets $7.29B$6.14B$6.38B$6.01B$6.26B$6.27B$5.70B$6.08B$5.43B$5.17B
Property, plant and equipment $1.27B$1.33B$1.56B$1.69B$1.53B$1.46B$1.43B$1.37B$1.39B$1.45B
Goodwill $600.0M$598.0M$601.2M$990.5M$993.7M$993.6M$992.2M$990.2M$994.3M$990.9M
Other intangibles $400.0M$406.0M$419.2M$620.9M$651.2M$681.1M$709.8M$550.6M$597.7M$640.9M
Total assets $11.83B$10.80B$12.28B$11.99B$12.18B$11.84B$11.25B$9.04B$8.48B$8.32B
Accounts payable $2.98B$3.41B$3.53B$4.18B$3.97B$3.64B$3.42B$3.17B$2.89B$3.09B
Short-term debt $0$0$0$185.0M$0—$0$210.0K$350.0K$306.0K
Total current liabilities $4.18B$4.67B$5.31B$5.42B$5.22B$4.74B$4.48B$3.89B$3.48B$3.68B
Long-term debt $3.41B$1.79B$1.79B$1.19B$1.03B$1.03B$747.3M$1.05B$1.04B$1.04B
Total liabilities $9.63B$8.63B$9.76B$9.39B$9.09B$8.28B————
Retained earnings $4.15B$4.16B$4.56B$4.67B$4.61B$4.20B$3.77B$3.33B$2.92B$2.46B
Total equity $2.20B$2.17B$2.52B$2.60B$3.08B$3.54B$3.55B$3.55B$3.42B$2.92B

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow -$46.0M$85.0M$287.0M$736.6M$1.11B$969.7M$866.9M$811.0M$600.8M$523.3M
Depreciation and amortisation $272.0M$292.0M$269.0M$248.3M$259.9M$250.1M$238.4M$238.2M$249.3M$258.4M
Stock-based compensation $36.0M$42.0M$41.0M$46.5M$63.1M$45.3M$37.4M$27.8M$35.3M$20.5M
Capital expenditure $252.0M$181.0M$226.0M$398.8M$289.6M$267.6M$270.1M$193.7M$189.8M$259.6M
Investing cash flow -$239.0M$1.35B-$235.0M-$424.4M-$287.3M-$266.9M-$462.9M-$191.8M-$178.6M-$262.0M
Financing cash flow $1.54B-$75.0M$189.0M-$620.7M-$1.06B-$286.0M-$882.2M-$263.9M-$14.9M-$217.1M
Dividends paid $60.0M$60.0M$209.0M$336.2M$160.9M$56.3M$17.2M$17.8M$17.9M$17.7M
Buybacks $4.0M$7.0M$14.0M$618.5M$906.2M$469.7M$498.4M$281.4M$6.5M$18.4M

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001193125-26-051305.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. -5B 0 5B 10B 15B Revenue, FY2016: 9.6B Gross profit, FY2016: 4.3B Net income, FY2016: 459.6M Revenue, FY2017: 9.4B Gross profit, FY2017: 4.1B Net income, FY2017: 475.5M Revenue, FY2018: 9.6B Gross profit, FY2018: 4.2B Net income, FY2018: 423.8M Revenue, FY2019: 9.7B Gross profit, FY2019: 4.3B Net income, FY2019: 486.9M Revenue, FY2020: 10.1B Gross profit, FY2020: 4.5B Net income, FY2020: 493M Revenue, FY2021: 11B Gross profit, FY2021: 4.9B Net income, FY2021: 596.6M Revenue, FY2022: 9.1B Gross profit, FY2022: 4.2B Net income, FY2022: 464.4M Revenue, FY2023: 9.2B Gross profit, FY2023: 3.9B Net income, FY2023: 30M Revenue, FY2024: 9.1B Gross profit, FY2024: 3.4B Net income, FY2024: -336M Revenue, FY2025: 8.6B Gross profit, FY2025: 3.7B Net income, FY2025: 44M FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $9.57B $9.37B $9.58B $9.71B $10.11B $11.00B $9.15B $9.21B $9.09B $8.60B
Gross profit $4.26B $4.09B $4.22B $4.25B $4.48B $4.92B $4.23B $3.86B $3.41B $3.73B
Net income $459.6M $475.5M $423.8M $486.9M $493.0M $596.6M $464.4M $30.0M -$336.0M $44.0M

Recent filings and events

  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Results announced Item 2.02
  • Officer or director change Item 5.02
  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Results announced Item 2.02
  • Officer or director change Item 5.02
  • Regulation FD disclosure Item 7.01
  • Results announced Item 2.02
  • Officer or director change Item 5.02

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

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