Advance Auto Parts (AAP) Financials

$58.59 +7.35 (+14.34%)

Closing price 03:59 PM Eastern

Extended Trading

$58.79 +0.20 (+0.35%)

As of 06:02 PM Eastern

Annual Income Statements for Advance Auto Parts

This table shows Advance Auto Parts' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2026
Period end date	1/2/2016	12/31/2016	12/30/2017	12/29/2018	12/28/2019	1/2/2021	1/1/2022	12/31/2022	12/30/2023	12/28/2024	1/3/2026
Net Income / (Loss) Attributable to Common Shareholders	473	460	476	424	487	493	597	464	30	-336	44
Consolidated Net Income / (Loss)	473	460	476	424	487	493	597	464	30	-336	44
Net Income / (Loss) Continuing Operations	473	460	476	424	487	493	597	361	-30	-587	68
Total Pre-Tax Income	753	739	520	555	638	651	782	460	-47	-768	-91
Total Operating Income	826	788	570	604	677	750	822	525	39	-713	-43
Total Gross Profit	4,423	4,256	4,085	4,219	4,255	4,482	4,924	4,233	3,860	3,409	3,733
Total Revenue	9,737	9,568	9,374	9,581	9,709	10,106	10,998	9,149	9,209	9,094	8,601
Operating Revenue	9,737	9,568	9,374	9,581	9,709	10,106	10,998	9,149	9,209	9,094	8,601
Total Cost of Revenue	5,314	5,312	5,289	5,361	5,454	5,625	6,074	4,916	5,349	5,685	4,868
Operating Cost of Revenue	5,314	5,312	5,289	5,361	5,454	5,625	6,074	4,916	5,349	5,685	4,868
Total Operating Expenses	3,597	3,468	3,515	3,615	3,578	3,732	4,102	3,708	3,821	4,122	3,776
Selling, General & Admin Expense	3,597	3,468	3,515	3,615	3,578	3,732	4,102	3,708	3,805	3,813	3,572
Restructuring Charge	-	-	-	-	-	-	-	0.00	16	309	204
Total Other Income / (Expense), net	-73	-49	-50	-49	-39	-99	-40	-64	-86	-55	-48
Interest & Investment Income	-65	-60	-59	-57	-40	-47	-38	-51	-88	-81	-139
Other Income / (Expense), net	-7.48	11	8.85	7.58	11	-3.98	-2.08	-6.18	2.00	26	91
Income Tax Expense	279	279	45	131	151	158	186	100	-17	-181	-159
Net Income / (Loss) Discontinued Operations	-	-	-	-	-	-	-	104	60	251	-24
Basic Earnings per Share	$6.45	$6.22	$6.44	$5.75	$6.87	$7.17	$9.32	$7.70	$0.50	($5.63)	$0.73
Weighted Average Basic Shares Outstanding	73.19M	73.56M	73.85M	73.73M	70.87M	68.75M	64.03M	60.35M	59.40M	59.60M	59.90M
Diluted Earnings per Share	$6.40	$6.20	$6.42	$5.73	$6.84	$7.14	$9.25	$7.65	$0.50	($5.61)	$0.73
Weighted Average Diluted Shares Outstanding	73.73M	73.86M	74.11M	73.99M	71.17M	69.00M	64.51M	60.72M	59.60M	59.90M	60.60M
Weighted Average Basic & Diluted Shares Outstanding	73.40M	73.90M	73.80M	73.70M	69.24M	65.52M	61.10M	59.27M	59.55M	59.79M	60.10M
Cash Dividends to Common per Share	$0.24	$0.24	$0.24	$0.24	$0.24	$1.00	$3.25	$6.00	$2.25	$1.00	$1.00

This table shows Advance Auto Parts' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025
Period end date	4/22/2023	7/15/2023	10/7/2023	12/30/2023	4/20/2024	7/13/2024	10/5/2024	12/28/2024	4/19/2025	7/12/2025	10/4/2025
Net Income / (Loss) Attributable to Common Shareholders	48	79	-62	-35	40	45	-6.00	-415	24	15	-1.00
Consolidated Net Income / (Loss)	48	79	-62	-35	40	45	-6.00	-415	24	15	-1.00
Net Income / (Loss) Continuing Operations	48	79	-74	-83	17	31	-25	-647	24	15	-1.00
Total Pre-Tax Income	68	107	-98	-123	29	44	-17	-874	-131	21	-2.00
Total Operating Income	98	126	-79	-106	53	54	0.00	-871	-131	22	22
Total Gross Profit	1,462	1,140	818	440	1,204	950	908	-43	1,109	874	881
Total Revenue	3,418	2,686	2,218	887	2,772	2,178	2,148	857	2,583	2,010	2,036
Operating Revenue	3,418	2,686	2,218	887	2,772	2,178	2,148	857	2,583	2,010	2,036
Total Cost of Revenue	1,956	1,546	1,401	447	1,568	1,228	1,240	900	1,474	1,136	1,155
Operating Cost of Revenue	1,956	1,546	1,401	447	1,568	1,228	1,240	900	1,474	1,136	1,155
Total Operating Expenses	1,364	1,014	896	547	1,151	896	908	829	1,240	852	859
Selling, General & Admin Expense	1,364	1,014	896	531	1,151	889	895	520	1,122	823	826
Restructuring Charge	-	-	-	-	0.00	7.00	13	-	118	29	33
Total Other Income / (Expense), net	-30	-19	-20	-17	-24	-10	-17	-2.56	0.00	-1.00	-24
Interest & Investment Income	-30	-21	-19	-18	-25	-19	-19	-19	-27	-19	-40
Other Income / (Expense), net	-0.67	1.68	-0.31	1.22	1.00	9.00	2.00	16	27	18	16
Income Tax Expense	19	28	-24	-41	12	13	8.00	-227	-155	6.00	-1.00
Net Income / (Loss) Discontinued Operations	-	-	12	-	23	14	19	-	0.00	0.00	0.00
Basic Earnings per Share	$0.81	$1.32	($1.05)	($0.58)	$0.67	$0.75	($0.10)	($6.95)	$0.40	$0.25	($0.02)
Weighted Average Basic Shares Outstanding	59.33M	59.45M	59.47M	59.43M	59.60M	59.60M	59.70M	59.65M	59.80M	59.90M	60M
Diluted Earnings per Share	$0.81	$1.32	($1.04)	($0.59)	$0.67	$0.75	($0.10)	($6.93)	$0.40	$0.25	($0.02)
Weighted Average Diluted Shares Outstanding	59.54M	59.60M	59.63M	59.61M	59.80M	59.90M	59.90M	59.90M	60.20M	60.50M	60M
Weighted Average Basic & Diluted Shares Outstanding	59.44M	59.47M	59.50M	59.55M	59.62M	59.67M	59.73M	59.79M	59.93M	59.98M	60.02M
Cash Dividends to Common per Share	$1.50	$0.25	$0.25	-	$0.25	$0.25	$0.25	-	$0.25	$0.25	$0.25

This table details how cash moves in and out of Advance Auto Parts' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2026
Period end date	1/2/2016	12/31/2016	12/30/2017	12/29/2018	12/28/2019	1/2/2021	1/1/2022	12/31/2022	12/30/2023	12/28/2024	1/3/2026
Net Change in Cash & Equivalents	-14	44	412	350	-478	416	-239	-317	232	1,366	1,254
Net Cash From Operating Activities	703	523	601	811	867	970	1,107	737	287	85	-46
Net Cash From Continuing Operating Activities	703	523	601	811	867	970	1,107	623	142	141	-46
Net Income / (Loss) Continuing Operations	473	460	476	424	487	493	597	361	-30	-587	68
Consolidated Net Income / (Loss)	473	460	476	424	487	493	597	464	30	-336	44
Net Income / (Loss) Discontinued Operations	-	-	-	-	-	-	-	104	60	251	-24
Depreciation Expense	269	258	249	238	238	250	260	248	269	292	272
Non-Cash Adjustments To Reconcile Net Income	52	24	55	46	57	99	64	59	87	333	206
Changes in Operating Assets and Liabilities, net	-93	-219	-179	103	85	127	186	-45	-184	103	-592
Net Cash From Discontinued Operating Activities	-	-	-	-	-	-	-	114	145	-56	0.00
Net Cash From Investing Activities	-253	-262	-179	-192	-463	-267	-287	-424	-235	1,355	-239
Net Cash From Continuing Investing Activities	-253	-262	-179	-192	-463	-267	-287	-400	-219	-167	-239
Purchase of Property, Plant & Equipment	-235	-260	-190	-194	-270	-268	-290	-399	-226	-181	-252
Acquisitions	-	-	-	-	-	-	-	-	0.00	0.00	0.00
Sale of Property, Plant & Equipment	0.27	2.21	11	1.89	8.71	0.91	2.33	1.14	7.00	14	21
Other Investing Activities, net	-19	-4.70	0.02	0.00	-202	-0.23	0.00	-1.90	0.00	0.00	-8.00
Net Cash From Discontinued Investing Activities	-	-	-	-	-	-	-	-25	-16	1,522	0.00
Net Cash From Financing Activities	-459	-217	-15	-264	-882	-286	-1,064	-621	189	-75	1,538
Net Cash From Continuing Financing Activities	-459	-217	-15	-264	-882	-286	-1,064	-621	189	-75	1,538
Repayment of Debt	-1,045	-966	-543	0.00	-370	-1,107	3.02	-2,050	-5,006	-15	-352
Repurchase of Common Equity	-6.67	-18	-6.50	-281	-498	-470	-906	-618	0.00	0.00	0.00
Payment of Dividends	-18	-18	-18	-18	-17	-56	-161	-336	-209	-60	-60
Issuance of Debt	618	800	548	32	0.00	1,347	0.00	2,384	5,404	0.00	1,950
Issuance of Common Equity	5.17	4.53	4.08	3.20	3.33	-	-	-	0.00	0.00	0.00
Effect of Exchange Rate Changes	-4.21	0.26	4.47	-5.70	0.32	-0.47	5.47	-8.66	-9.00	1.00	1.00
Cash Interest Paid	62	55	54	45	41	34	36	46	74	76	76

This table details how cash moves in and out of Advance Auto Parts' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025
Period end date	4/22/2023	7/15/2023	10/7/2023	12/30/2023	4/20/2024	7/13/2024	10/5/2024	12/28/2024	4/19/2025	7/12/2025	10/4/2025
Net Change in Cash & Equivalents	801	-797	41	187	-52	28	12	1,378	-197	-15	1,517
Net Cash From Operating Activities	-383	215	196	259	3.00	85	70	-73	-156	50	-12
Net Cash From Continuing Operating Activities	466	-633	139	170	-3.00	85	-6.80	59	-156	50	-12
Net Income / (Loss) Continuing Operations	48	79	-122	-35	17	45	-62	-610	24	15	-1.00
Consolidated Net Income / (Loss)	48	79	-62	-35	40	45	-6.01	-415	24	15	-1.00
Depreciation Expense	93	70	44	63	83	73	50	75	89	57	68
Non-Cash Adjustments To Reconcile Net Income	17	12	8.82	6.93	-3.00	15	8.44	216	74	22	61
Changes in Operating Assets and Liabilities, net	308	-794	208	136	-100	-47	-2.56	378	-343	-44	-140
Net Cash From Investing Activities	-90	-54	-42	-50	-39	-41	-45	1,479	-27	-48	-62
Net Cash From Continuing Investing Activities	-90	-54	-29	-47	-36	-41	-37	-51	-27	-48	-62
Purchase of Property, Plant & Equipment	-90	-55	-29	-51	-46	-43	-37	-51	-42	-53	-64
Sale of Property, Plant & Equipment	0.33	1.21	0.47	4.92	10	2.79	0.41	0.16	15	5.00	2.00
Net Cash From Financing Activities	-425	739	-110	-15	-25	-17	-15	-17	-17	-15	1,591
Net Cash From Continuing Financing Activities	425	-111	-110	-15	-25	-17	-15	-17	-17	-15	1,591
Repayment of Debt	-2,959	-1,462	-573	3.52	-1.00	-0.01	-	1.59	-2.00	1.00	-344
Repurchase of Common Equity	-13	-1.20	-0.43	-0.28	-3.00	-1.28	-0.98	-0.90	-2.00	-1.00	-1.00
Payment of Dividends	-89	-90	-15	-15	-22	-17	-15	-15	-15	-15	-15
Issuance of Common Equity	1.10	0.96	0.99	-	1.00	0.84	1.21	-	2.00	-	1.00

This table presents Advance Auto Parts' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2026
Period end date	1/2/2016	12/31/2016	12/30/2017	12/29/2018	12/28/2019	1/2/2021	1/1/2022	12/31/2022	12/30/2023	12/28/2024	1/3/2026
Total Assets	8,128	8,315	8,482	9,041	11,249	11,840	12,176	11,986	12,276	10,798	11,826
Total Current Assets	4,941	5,173	5,427	6,082	5,696	6,270	6,257	6,015	6,377	6,143	7,290
Cash & Equivalents	91	135	547	897	419	835	588	271	488	1,869	3,123
Accounts Receivable	598	641	606	625	689	750	754	684	610	544	380
Inventories, net	4,175	4,326	4,168	4,363	4,432	4,538	4,683	4,896	3,894	3,612	3,646
Other Current Assets	77	70	105	198	155	147	0.00	164	180	118	141
Plant, Property, & Equipment, net	1,435	1,446	1,394	1,369	1,433	1,463	0.00	1,690	1,556	1,334	1,269
Total Noncurrent Assets	1,752	1,696	1,661	1,589	4,120	4,107	0.00	4,281	4,343	3,321	3,267
Goodwill	989	991	994	990	992	994	0.00	990	601	598	600
Intangible Assets	687	641	598	551	710	681	0.00	621	419	406	400
Other Noncurrent Operating Assets	76	64	69	48	2,418	2,432	0.00	2,670	2,433	2,317	2,267
Total Liabilities & Shareholders' Equity	8,128	8,315	8,482	9,041	11,249	11,840	12,176	11,986	12,276	10,798	11,826
Total Liabilities	5,667	5,399	5,067	5,490	7,699	8,280	9,094	9,387	9,757	8,628	9,628
Total Current Liabilities	3,797	3,676	3,480	3,886	4,478	4,744	5,222	5,421	5,307	4,665	4,176
Accounts Payable	3,204	3,086	2,895	3,173	3,422	3,641	3,967	4,179	3,526	3,408	2,977
Accrued Expenses	553	554	534	623	536	607	774	629	616	784	756
Other Current Liabilities	40	35	52	90	520	496	0.00	427	396	473	443
Total Noncurrent Liabilities	1,870	1,723	1,587	1,604	3,222	3,536	500	3,966	4,449	3,963	5,452
Long-Term Debt	1,206	1,043	1,044	1,046	747	1,033	0.00	1,188	1,786	1,789	3,412
Capital Lease Obligations	-	-	-	0.00	2,017	2,014	0.00	2,278	-	1,897	1,812
Noncurrent Deferred & Payable Income Tax Liabilities	434	454	304	318	334	342	395	411	356	193	142
Other Noncurrent Operating Liabilities	229	226	239	240	123	146	105	89	2,123	84	86
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	2,461	2,916	3,415	3,551	3,549	3,560	-27	2,599	2,520	2,170	2,198
Total Preferred & Common Equity	2,461	2,916	3,415	3,551	3,549	3,560	3,082	2,599	2,520	2,170	2,198
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	2,461	2,916	3,415	3,551	3,549	3,560	-27	2,599	2,520	2,170	2,198
Common Stock	603	631	665	695	735	784	0.00	898	946	994	1,033
Retained Earnings	2,021	2,463	2,920	3,326	3,773	4,197	0.00	4,665	4,559	4,163	4,146
Treasury Stock	-120	-138	-145	-426	-924	-1,394	0.00	-2,919	-2,933	-2,940	-2,944
Accumulated Other Comprehensive Income / (Loss)	-44	-40	-25	-44	-35	-27	-27	-45	-52	-47	-37

This table presents Advance Auto Parts' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025
Period end date	10/8/2022	4/22/2023	7/15/2023	10/7/2023	4/20/2024	7/13/2024	10/5/2024	4/19/2025	7/12/2025	10/4/2025
Total Assets	12,132	12,182	12,304	12,249	12,201	12,290	12,468	10,617	10,539	12,059
Total Current Assets	6,163	6,202	6,326	6,320	6,341	6,460	7,494	6,080	6,013	7,518
Cash & Equivalents	191	226	277	318	451	479	464	1,672	1,657	3,174
Accounts Receivable	846	782	794	868	825	848	669	494	492	483
Inventories, net	4,927	5,016	5,067	4,949	4,828	4,903	4,042	3,731	3,692	3,694
Other Current Assets	199	177	188	185	237	230	180	183	172	167
Plant, Property, & Equipment, net	1,664	1,694	1,689	1,663	1,611	1,580	1,480	1,265	1,263	1,269
Total Noncurrent Assets	4,306	4,286	4,289	4,265	4,249	4,250	3,495	3,272	3,263	3,272
Goodwill	990	991	992	990	990	990	600	600	600	599
Intangible Assets	626	612	606	599	584	577	410	404	404	401
Other Noncurrent Operating Assets	2,690	2,684	2,691	2,677	2,675	2,682	2,485	2,268	2,259	2,272
Total Liabilities & Shareholders' Equity	12,132	12,182	12,304	12,249	12,201	12,290	12,468	10,617	10,539	12,059
Total Liabilities	9,416	9,546	9,581	9,602	9,636	9,683	9,871	8,420	8,336	9,864
Total Current Liabilities	5,443	4,983	5,026	5,136	5,210	5,257	5,594	4,793	4,731	4,349
Accounts Payable	4,097	3,683	3,780	3,943	4,031	4,048	3,498	3,425	3,322	3,177
Accrued Expenses	681	718	685	714	668	695	642	663	703	761
Other Current Liabilities	479	466	466	479	510	513	458	406	406	411
Total Noncurrent Liabilities	3,973	4,563	4,555	4,466	4,427	4,426	4,277	3,627	3,605	5,515
Long-Term Debt	1,188	1,785	1,785	1,786	1,787	1,788	1,789	1,491	1,492	3,411
Capital Lease Obligations	2,252	2,269	2,250	2,210	2,191	2,177	2,018	1,881	1,854	1,850
Noncurrent Deferred & Payable Income Tax Liabilities	434	423	433	383	365	376	380	171	172	166
Other Noncurrent Operating Liabilities	100	86	87	88	84	86	90	84	87	88
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	2,716	2,636	2,723	2,647	2,565	2,607	2,598	2,197	2,203	2,195
Total Preferred & Common Equity	2,716	2,636	2,723	2,647	2,565	2,607	2,598	2,197	2,203	2,195
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	2,716	2,636	2,723	2,647	2,565	2,607	2,598	2,197	2,203	2,195
Common Stock	886	914	925	937	964	976	988	1,007	1,016	1,026
Retained Earnings	4,727	4,698	4,767	4,690	4,584	4,614	4,592	4,172	4,171	4,155
Treasury Stock	-2,843	-2,931	-2,933	-2,933	-2,937	-2,938	-2,939	-2,942	-2,943	-2,944
Accumulated Other Comprehensive Income / (Loss)	-54	-44	-37	-48	-46	-45	-44	-40	-41	-42

This table displays calculated financial ratios and metrics derived from Advance Auto Parts' official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2026
Period end date	1/2/2016	12/31/2016	12/30/2017	12/29/2018	12/28/2019	1/2/2021	1/1/2022	12/31/2022	12/30/2023	12/28/2024	1/3/2026
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-1.09%	-1.74%	-2.03%	2.21%	1.34%	4.09%	8.82%	-16.81%	0.66%	-1.25%	0.00%
EBITDA Growth	-4.54%	-2.82%	-21.64%	2.62%	9.03%	7.47%	8.46%	-29.02%	-59.54%	-227.35%	0.00%
EBIT Growth	-4.27%	-2.39%	-27.50%	5.66%	12.51%	8.36%	9.97%	-36.80%	-92.13%	-1,783.53%	0.00%
NOPAT Growth	-3.54%	-5.64%	6.37%	-11.49%	12.09%	9.85%	10.41%	-34.45%	-93.38%	-1,934.30%	0.00%
Net Income Growth	-4.14%	-2.91%	3.46%	-10.86%	14.88%	1.26%	21.01%	-22.16%	-93.60%	-1,229.27%	0.00%
EPS Growth	-4.62%	-3.13%	3.55%	-10.75%	19.37%	4.39%	29.55%	-17.30%	-93.46%	-1,222.00%	0.00%
Operating Cash Flow Growth	-0.90%	-25.52%	14.81%	34.99%	6.89%	11.86%	14.16%	-33.46%	-60.98%	-70.55%	0.00%
Free Cash Flow Firm Growth	130.98%	-49.17%	78.18%	55.79%	-349.00%	141.17%	797.94%	-186.62%	162.01%	-154.35%	0.00%
Invested Capital Growth	1.18%	6.91%	2.32%	-5.43%	59.32%	-2.08%	-96.60%	2,951.26%	-55.26%	49.03%	0.00%
Revenue Q/Q Growth	-2.05%	0.52%	-0.49%	0.72%	0.08%	2.56%	0.29%	-17.41%	-14.70%	-18.82%	0.00%
EBITDA Q/Q Growth	-4.76%	0.93%	-3.00%	-0.74%	6.92%	0.99%	-4.91%	-18.17%	-39.61%	-186.05%	0.00%
EBIT Q/Q Growth	-5.79%	1.61%	-3.82%	-0.72%	8.82%	1.55%	-7.22%	-21.04%	-82.89%	-583.28%	0.00%
NOPAT Q/Q Growth	-5.21%	0.57%	35.93%	-23.40%	7.59%	3.64%	-6.47%	-20.05%	-85.19%	-760.75%	0.00%
Net Income Q/Q Growth	-5.89%	1.67%	34.56%	-23.62%	9.56%	3.37%	-7.71%	0.47%	-76.98%	-865.57%	0.00%
EPS Q/Q Growth	-6.02%	1.81%	34.31%	-23.40%	10.32%	3.78%	-6.28%	0.92%	-77.06%	-868.49%	0.00%
Operating Cash Flow Q/Q Growth	2.01%	-14.15%	20.82%	-7.97%	3.44%	0.22%	1.99%	10.73%	1.79%	-79.68%	0.00%
Free Cash Flow Firm Q/Q Growth	-7.67%	-21.54%	72.22%	-13.46%	-18.96%	-71.78%	704.72%	-167.39%	40,747.43%	-212.95%	0.00%
Invested Capital Q/Q Growth	-0.68%	1.18%	0.03%	-0.94%	4.78%	54.90%	-94.59%	-2.75%	-57.70%	-16.89%	0.00%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	45.42%	44.48%	43.58%	44.04%	43.82%	44.34%	44.77%	46.27%	41.92%	37.48%	43.40%
EBITDA Margin	11.17%	11.05%	8.84%	8.87%	9.55%	9.86%	9.82%	8.38%	3.37%	-4.34%	3.72%
Operating Margin	8.48%	8.23%	6.08%	6.31%	6.97%	7.42%	7.48%	5.73%	0.42%	-7.84%	-0.50%
EBIT Margin	8.40%	8.35%	6.18%	6.39%	7.09%	7.38%	7.46%	5.67%	0.44%	-7.55%	0.56%
Profit (Net Income) Margin	4.86%	4.80%	5.07%	4.42%	5.01%	4.88%	5.42%	5.08%	0.32%	-3.69%	0.51%
Tax Burden Percent	62.88%	62.21%	91.40%	76.33%	76.35%	75.73%	76.25%	100.91%	-63.03%	43.72%	-48.35%
Interest Burden Percent	92.01%	92.50%	89.85%	90.75%	92.64%	87.28%	95.39%	88.76%	-115.60%	111.79%	-189.58%
Effective Tax Rate	37.12%	37.79%	8.60%	23.67%	23.65%	24.27%	23.75%	21.66%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	14.60%	13.24%	13.47%	12.12%	10.78%	9.74%	21.01%	13.31%	0.63%	-14.99%	-0.70%
ROIC Less NNEP Spread (ROIC-NNEP)	11.14%	10.24%	6.97%	0.55%	8.36%	6.45%	18.52%	16.27%	0.77%	1.59%	2.83%
Return on Net Nonoperating Assets (RNNOA)	6.61%	3.86%	1.55%	0.05%	2.94%	4.14%	12.77%	22.80%	0.53%	0.67%	2.70%
Return on Equity (ROE)	21.21%	17.10%	15.02%	12.17%	13.72%	13.87%	33.78%	36.11%	1.16%	-14.32%	2.00%
Cash Return on Invested Capital (CROIC)	13.43%	6.56%	11.18%	17.70%	-34.97%	11.84%	207.88%	-174.00%	76.99%	-54.37%	0.00%
Operating Return on Assets (OROA)	10.17%	9.72%	6.89%	6.98%	6.79%	6.46%	6.83%	4.29%	0.34%	-5.96%	0.41%
Return on Assets (ROA)	5.88%	5.59%	5.66%	4.84%	4.80%	4.27%	4.97%	3.84%	0.25%	-2.91%	0.37%
Return on Common Equity (ROCE)	21.21%	17.10%	15.02%	12.17%	13.72%	13.87%	33.78%	36.11%	1.16%	-14.32%	2.00%
Return on Equity Simple (ROE_SIMPLE)	19.24%	15.76%	13.92%	11.94%	13.72%	13.85%	19.36%	17.87%	1.18%	-15.47%	0.00%
Net Operating Profit after Tax (NOPAT)	519	490	521	461	517	568	627	411	27	-499	-30
NOPAT Margin	5.33%	5.12%	5.56%	4.81%	5.33%	5.62%	5.70%	4.49%	0.30%	-5.49%	-0.35%
Net Nonoperating Expense Percent (NNEP)	3.46%	3.00%	6.50%	11.57%	2.41%	3.29%	2.50%	-2.96%	-0.14%	-16.58%	-3.53%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	6.58%	0.63%	-8.53%	-0.41%
Cost of Revenue to Revenue	54.58%	55.52%	56.42%	55.96%	56.18%	55.66%	55.23%	53.73%	58.08%	62.52%	56.60%
SG&A Expenses to Revenue	36.94%	36.25%	37.50%	37.73%	36.85%	36.92%	37.29%	40.53%	41.32%	41.93%	41.53%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	36.94%	36.25%	37.50%	37.73%	36.85%	36.92%	37.29%	40.53%	41.49%	45.32%	43.90%
Earnings before Interest and Taxes (EBIT)	818	799	579	612	688	746	820	518	41	-687	48
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	1,088	1,057	828	850	927	996	1,080	767	310	-395	320
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	4.06	3.87	1.96	2.90	2.82	2.76	0.00	3.21	1.41	1.21	1.06
Price to Tangible Book Value (P/TBV)	12.73	8.79	3.67	5.13	5.41	5.22	0.00	8.44	2.37	2.24	1.94
Price to Revenue (P/Rev)	1.02	1.18	0.71	1.08	1.03	0.97	1.27	0.91	0.39	0.29	0.27
Price to Earnings (P/E)	21.08	24.57	14.08	24.33	20.53	19.95	23.43	17.94	119.28	0.00	52.74
Dividend Yield	0.18%	0.16%	0.27%	0.17%	0.17%	0.86%	1.45%	4.27%	5.87%	2.28%	2.59%
Earnings Yield	4.74%	4.07%	7.10%	4.11%	4.87%	5.01%	4.27%	5.57%	0.84%	0.00%	1.90%
Enterprise Value to Invested Capital (EV/IC)	3.10	3.19	1.84	2.83	2.09	2.09	68.33	1.96	1.81	1.11	1.03
Enterprise Value to Revenue (EV/Rev)	1.14	1.28	0.77	1.09	1.27	1.19	1.22	1.28	0.53	0.49	0.51
Enterprise Value to EBITDA (EV/EBITDA)	10.20	11.54	8.68	12.31	13.32	12.10	12.40	15.28	15.62	0.00	13.82
Enterprise Value to EBIT (EV/EBIT)	13.56	15.28	12.42	17.10	17.93	16.15	16.33	22.59	118.72	0.00	92.11
Enterprise Value to NOPAT (EV/NOPAT)	21.37	24.90	13.80	22.68	23.87	21.21	21.36	28.50	177.99	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	15.79	23.32	11.97	12.90	14.24	12.42	12.10	15.90	16.86	52.40	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	23.23	50.26	16.63	15.53	0.00	17.44	2.16	0.00	1.45	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.49	0.36	0.31	0.29	0.78	0.86	0.00	1.40	0.71	1.70	2.38
Long-Term Debt to Equity	0.49	0.36	0.31	0.29	0.78	0.86	0.00	1.33	0.71	1.70	2.38
Financial Leverage	0.59	0.38	0.22	0.09	0.35	0.64	0.69	1.40	0.69	0.42	0.96
Leverage Ratio	3.60	3.06	2.65	2.52	2.86	3.25	6.80	9.39	4.74	4.92	5.38
Compound Leverage Factor	3.32	2.83	2.38	2.28	2.65	2.83	6.49	8.34	-5.48	5.50	-10.20
Debt to Total Capital	32.91%	26.34%	23.42%	22.75%	43.79%	46.13%	0.00%	58.42%	41.48%	62.95%	70.39%
Short-Term Debt to Total Capital	0.02%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	2.96%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	32.89%	26.34%	23.42%	22.75%	43.79%	46.13%	0.00%	55.46%	41.48%	62.95%	70.39%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	67.09%	73.66%	76.58%	77.25%	56.21%	53.87%	100.00%	41.58%	58.52%	37.05%	29.61%
Debt to EBITDA	1.11	0.99	1.26	1.23	2.98	3.06	0.00	4.76	5.76	-9.33	16.33
Net Debt to EBITDA	1.03	0.86	0.60	0.18	2.53	2.22	0.00	4.41	4.18	-4.60	6.57
Long-Term Debt to EBITDA	1.11	0.99	1.26	1.23	2.98	3.06	0.00	4.52	5.76	-9.33	16.33
Debt to NOPAT	2.32	2.13	2.00	2.27	5.35	5.37	0.00	8.88	65.62	-7.38	-173.55
Net Debt to NOPAT	2.15	1.85	0.95	0.32	4.54	3.90	0.00	8.23	47.70	-3.64	-69.80
Long-Term Debt to NOPAT	2.32	2.13	2.00	2.27	5.35	5.37	0.00	8.43	65.62	-7.38	-173.55
Altman Z-Score	3.10	3.35	2.88	3.22	2.44	2.43	2.15	2.04	1.60	1.52	1.69
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.30	1.41	1.56	1.57	1.27	1.32	1.20	1.11	1.20	1.32	1.75
Quick Ratio	0.18	0.21	0.33	0.39	0.25	0.33	0.26	0.18	0.21	0.52	0.84
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	478	243	433	674	-1,678	691	6,203	-5,373	3,332	-1,811	0.00
Operating Cash Flow to CapEx	299.66%	203.35%	336.29%	422.79%	331.62%	363.63%	385.30%	185.25%	131.37%	50.56%	-19.91%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	-156.00	14.39	0.00	-725.30	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	80.60	20.19	0.00	99.43	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	56.29	14.64	0.00	45.75	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.21	1.16	1.12	1.09	0.96	0.88	0.92	0.76	0.76	0.79	0.73
Accounts Receivable Turnover	16.54	15.44	15.03	15.56	14.77	14.04	14.62	12.72	14.24	15.77	22.63
Inventory Turnover	1.31	1.25	1.25	1.26	1.24	1.25	1.32	1.03	1.22	1.52	1.34
Fixed Asset Turnover	6.79	6.64	6.60	6.93	6.93	6.98	0.00	0.00	5.67	6.29	6.78
Accounts Payable Turnover	1.69	1.69	1.77	1.77	1.65	1.59	1.60	1.21	1.39	1.64	1.64
Days Sales Outstanding (DSO)	22.07	23.63	24.29	23.46	24.71	25.99	24.96	28.69	25.64	23.15	16.13
Days Inventory Outstanding (DIO)	278.57	292.06	293.12	290.41	294.27	291.05	277.05	355.60	299.90	240.91	273.38
Days Payable Outstanding (DPO)	216.33	216.11	206.38	206.54	220.66	229.15	228.57	302.39	262.88	222.56	223.21
Cash Conversion Cycle (CCC)	84.31	99.58	111.03	107.32	98.32	87.89	73.44	81.90	62.65	41.50	66.29
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	3,577	3,824	3,913	3,700	5,895	5,772	196	5,980	2,675	3,987	4,299
Invested Capital Turnover	2.74	2.59	2.42	2.52	2.02	1.73	3.69	2.96	2.13	2.73	2.00
Increase / (Decrease) in Invested Capital	42	247	89	-213	2,195	-123	-5,576	5,784	-3,305	1,312	0.00
Enterprise Value (EV)	11,095	12,202	7,191	10,463	12,343	12,048	13,392	11,714	4,845	4,434	4,421
Market Capitalization	9,979	11,294	6,694	10,314	9,997	9,835	13,980	8,333	3,547	2,617	2,320
Book Value per Share	$33.60	$39.59	$46.22	$48.71	$51.24	$52.46	($0.43)	$43.87	$42.35	$36.33	$36.62
Tangible Book Value per Share	$10.71	$17.44	$24.67	$27.57	$26.67	$27.78	($0.43)	$16.67	$25.20	$19.52	$19.96
Total Capital	3,668	3,959	4,460	4,597	6,314	6,607	-27	6,251	4,306	5,856	7,422
Total Debt	1,207	1,043	1,044	1,046	2,764	3,047	0.00	3,652	1,786	3,686	5,224
Total Long-Term Debt	1,206	1,043	1,044	1,046	2,764	3,047	0.00	3,467	1,786	3,686	5,224
Net Debt	1,116	908	497	149	2,346	2,212	-588	3,381	1,298	1,817	2,101
Capital Expenditures (CapEx)	234	257	179	192	261	267	287	398	219	167	231
Debt-free, Cash-free Net Working Capital (DFCFNWC)	1,053	1,362	1,400	1,300	799	691	447	508	582	-391	-9.00
Debt-free Net Working Capital (DFNWC)	1,144	1,497	1,947	2,197	1,218	1,526	1,035	779	1,070	1,478	3,114
Net Working Capital (NWC)	1,143	1,497	1,947	2,197	1,218	1,526	1,035	594	1,070	1,478	3,114
Net Nonoperating Expense (NNE)	46	30	46	37	30	75	30	-53	-2.51	-164	-74
Net Nonoperating Obligations (NNO)	1,116	908	497	149	2,346	2,212	223	3,381	156	1,817	2,101
Total Depreciation and Amortization (D&A)	269	258	249	238	238	250	260	248	269	292	272
Debt-free, Cash-free Net Working Capital to Revenue	10.82%	14.23%	14.93%	13.57%	8.23%	6.84%	4.06%	5.55%	6.32%	-4.30%	-0.10%
Debt-free Net Working Capital to Revenue	11.75%	15.64%	20.77%	22.93%	12.54%	15.10%	9.41%	8.51%	11.61%	16.25%	36.21%
Net Working Capital to Revenue	11.74%	15.64%	20.77%	22.93%	12.54%	15.10%	9.41%	6.49%	11.61%	16.25%	36.21%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$6.45	$6.22	$6.44	$5.75	$6.87	$7.17	$9.62	$8.32	$0.00	($5.63)	$0.73
Adjusted Weighted Average Basic Shares Outstanding	73.19M	73.56M	73.85M	73.73M	70.87M	68.75M	64.03M	60.35M	0.00	59.65M	59.90M
Adjusted Diluted Earnings per Share	$6.40	$6.20	$6.42	$5.73	$6.84	$7.14	$9.55	$8.27	$0.00	($5.61)	$0.73
Adjusted Weighted Average Diluted Shares Outstanding	73.73M	73.86M	74.11M	73.99M	71.17M	69.00M	64.51M	60.72M	0.00	59.90M	60.60M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	73.32M	73.76M	73.98M	71.67M	69.24M	65.52M	61.10M	59.27M	0.00	59.79M	60.10M
Normalized Net Operating Profit after Tax (NOPAT)	519	490	521	461	517	568	627	411	38	-283	113
Normalized NOPAT Margin	5.33%	5.12%	5.56%	4.81%	5.33%	5.62%	5.70%	4.49%	0.42%	-3.11%	1.31%
Pre Tax Income Margin	7.73%	7.72%	5.55%	5.80%	6.57%	6.44%	7.11%	5.03%	-0.51%	-8.45%	-1.06%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	64.00	15.53	0.00	69.98	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	48.07	11.83	0.00	55.48	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	39.70	9.98	0.00	16.31	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	23.76	6.27	0.00	1.81	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	3.73%	3.86%	3.75%	4.20%	3.53%	11.43%	26.97%	72.40%	703.86%	-20.54%	136.36%
Augmented Payout Ratio	5.14%	7.86%	5.12%	70.59%	105.90%	106.70%	178.86%	205.58%	752.69%	-22.47%	136.36%

This table displays calculated financial ratios and metrics derived from Advance Auto Parts' official financial filings.

Metric	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025
Period end date	4/22/2023	7/15/2023	10/7/2023	12/30/2023	4/20/2024	7/13/2024	10/5/2024	12/28/2024	4/19/2025	7/12/2025	10/4/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	1.29%	0.77%	-16.02%	89.62%	-0.33%	-0.11%	-3.17%	-3.40%	-6.82%	-7.71%	-5.21%
EBITDA Growth	-34.32%	-25.00%	-115.14%	-125.77%	-5.47%	-22.50%	249.29%	-1,739.15%	-110.95%	-25.95%	55.88%
EBIT Growth	-52.18%	-36.49%	-147.53%	-102.72%	-12.89%	-36.73%	103.54%	-712.97%	-292.59%	-36.51%	1,800.00%
NOPAT Growth	-54.84%	-39.28%	-142.72%	-107.25%	-17.93%	-43.92%	100.51%	-718.81%	-395.15%	-58.70%	0.00%
Net Income Growth	-65.43%	-45.58%	-153.54%	-154.61%	-17.20%	-42.74%	90.31%	-1,080.76%	-40.00%	-66.67%	83.33%
EPS Growth	-64.16%	-44.54%	-154.17%	-154.13%	-17.28%	-43.18%	90.38%	-1,074.58%	-40.30%	-66.67%	80.00%
Operating Cash Flow Growth	-596.26%	-40.74%	12.27%	2.00%	100.70%	-60.48%	-64.22%	-128.35%	-5,300.00%	-41.18%	-117.14%
Free Cash Flow Firm Growth	91.09%	85.95%	90.37%	155.50%	346.79%	255.07%	762.59%	-159.49%	247.97%	267.07%	-65.27%
Invested Capital Growth	4.63%	7.14%	2.86%	-55.26%	-7.41%	-7.36%	-24.15%	49.03%	-31.12%	-31.19%	-10.74%
Revenue Q/Q Growth	38.15%	-21.40%	-17.42%	-60.00%	38.19%	-21.23%	-19.94%	-60.10%	201.39%	-22.18%	1.29%
EBITDA Q/Q Growth	17.85%	4.34%	-117.77%	-20.58%	1,476.26%	-14.46%	-65.76%	-1,585.39%	98.08%	746.67%	9.28%
EBIT Q/Q Growth	5.17%	31.23%	-161.80%	-33.38%	241.00%	-4.68%	-96.54%	-30,692.06%	87.84%	138.46%	-5.00%
NOPAT Q/Q Growth	-11.58%	32.30%	-159.34%	-35.45%	224.80%	-9.59%	-99.46%	-216,348.39%	84.97%	117.14%	-2.00%
Net Income Q/Q Growth	-24.88%	62.61%	-178.95%	43.38%	182.44%	12.44%	-113.37%	-6,796.86%	105.79%	-37.50%	-106.67%
EPS Q/Q Growth	-25.69%	62.96%	-178.79%	43.27%	182.72%	11.94%	-113.33%	-6,830.00%	105.77%	-37.50%	-108.00%
Operating Cash Flow Q/Q Growth	-250.91%	156.31%	-9.02%	31.93%	-98.95%	3,066.89%	-17.63%	-204.54%	-112.82%	132.05%	-124.00%
Free Cash Flow Firm Q/Q Growth	96.13%	-56.50%	33.27%	1,500.72%	745.14%	-1.66%	185.13%	-225.76%	193.90%	6.19%	-72.31%
Invested Capital Q/Q Growth	10.03%	-0.05%	-3.82%	-57.70%	1.22%	0.00%	-21.26%	-16.89%	5.25%	-0.10%	2.15%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	42.78%	42.46%	36.86%	49.61%	41.95%	41.53%	42.27%	-4.99%	42.93%	43.48%	43.27%
EBITDA Margin	5.55%	7.37%	-1.59%	-4.78%	5.27%	5.72%	2.45%	-91.08%	-0.58%	4.83%	5.21%
Operating Margin	2.87%	4.69%	-3.54%	-12.00%	2.53%	2.67%	0.02%	-101.69%	-5.07%	1.09%	1.08%
EBIT Margin	2.85%	4.75%	-3.56%	-11.86%	2.49%	3.01%	0.13%	-99.80%	-4.03%	1.99%	1.87%
Profit (Net Income) Margin	1.41%	2.93%	-2.80%	-3.96%	1.17%	1.68%	-0.28%	-48.40%	0.93%	0.75%	-0.05%
Tax Burden Percent	71.54%	73.59%	63.14%	28.50%	66.85%	72.46%	37.57%	47.46%	-18.32%	71.43%	50.00%
Interest Burden Percent	69.45%	83.65%	124.56%	117.13%	70.64%	76.89%	-572.57%	102.18%	125.96%	52.50%	-5.26%
Effective Tax Rate	28.46%	26.41%	0.00%	0.00%	33.15%	27.54%	0.00%	0.00%	0.00%	28.57%	0.00%
Return on Invested Capital (ROIC)	3.57%	6.09%	-4.29%	-17.87%	3.00%	3.45%	0.03%	-194.34%	-6.15%	1.33%	1.44%
ROIC Less NNEP Spread (ROIC-NNEP)	2.97%	5.70%	-4.49%	-15.64%	2.54%	3.26%	-0.19%	-174.54%	-1.96%	1.30%	0.67%
Return on Net Nonoperating Assets (RNNOA)	3.93%	7.43%	-5.95%	-10.81%	3.64%	4.49%	-0.21%	-73.41%	-2.27%	1.48%	0.60%
Return on Equity (ROE)	7.50%	13.52%	-10.25%	-28.68%	6.65%	7.93%	-0.18%	-267.74%	-8.42%	2.81%	2.04%
Cash Return on Invested Capital (CROIC)	2.18%	-1.06%	0.13%	76.99%	9.13%	8.17%	28.83%	-54.37%	24.65%	24.30%	-2.64%
Operating Return on Assets (OROA)	2.64%	4.36%	-3.15%	-9.00%	2.30%	2.76%	0.12%	-78.67%	-3.14%	1.52%	1.31%
Return on Assets (ROA)	1.31%	2.69%	-2.48%	-3.01%	1.09%	1.54%	-0.25%	-38.15%	0.73%	0.57%	-0.03%
Return on Common Equity (ROCE)	7.50%	13.52%	-10.25%	-28.68%	6.65%	7.93%	-0.18%	-267.74%	-8.42%	2.81%	2.04%
Return on Equity Simple (ROE_SIMPLE)	14.15%	11.28%	4.88%	0.00%	0.84%	-0.47%	1.69%	0.00%	-16.01%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	70	93	-55	-75	58	52	0.28	-610	-92	16	15
NOPAT Margin	2.05%	3.45%	-2.48%	-8.40%	1.69%	1.94%	0.01%	-71.18%	-3.55%	0.78%	0.76%
Net Nonoperating Expense Percent (NNEP)	0.59%	0.39%	0.20%	-2.23%	0.47%	0.19%	0.21%	-19.80%	-4.19%	0.03%	0.77%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-1.73%	-	-	-	-10.42%	-1.56%	0.27%	0.21%
Cost of Revenue to Revenue	57.22%	57.54%	63.14%	50.39%	58.05%	58.47%	57.73%	104.99%	57.07%	56.52%	56.73%
SG&A Expenses to Revenue	39.91%	37.77%	40.40%	59.81%	39.43%	38.86%	42.25%	60.65%	43.44%	40.95%	40.57%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	39.91%	37.77%	40.40%	61.61%	39.43%	38.86%	42.25%	96.70%	48.01%	42.39%	42.19%
Earnings before Interest and Taxes (EBIT)	97	128	-79	-105	85	81	2.80	-855	-104	40	38
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	190	198	-35	-42	179	153	53	-781	-15	97	106
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	2.83	1.52	1.14	1.41	1.82	1.44	0.88	1.21	0.87	1.70	1.67
Price to Tangible Book Value (P/TBV)	7.21	3.67	2.86	2.37	4.71	3.61	1.44	2.24	1.60	3.13	3.06
Price to Revenue (P/Rev)	0.67	0.37	0.28	0.39	0.41	0.33	0.20	0.29	0.21	0.43	0.42
Price to Earnings (P/E)	19.98	13.45	23.39	119.28	217.84	0.00	52.29	0.00	0.00	0.00	0.00
Dividend Yield	4.77%	6.83%	9.35%	5.87%	1.28%	1.59%	2.60%	2.28%	3.14%	1.60%	1.64%
Earnings Yield	5.01%	7.43%	4.28%	0.84%	0.46%	0.00%	1.91%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	1.73	1.21	1.06	1.81	1.35	1.19	1.17	1.11	0.93	1.37	1.34
Enterprise Value to Revenue (EV/Rev)	1.02	0.71	0.62	0.53	0.73	0.64	0.50	0.49	0.44	0.66	0.67
Enterprise Value to EBITDA (EV/EBITDA)	13.44	10.22	13.04	15.62	19.70	19.49	12.27	0.00	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	20.47	16.52	28.09	118.72	76.32	119.64	39.64	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	26.43	21.51	36.46	177.99	90.18	214.27	74.58	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	27.86	30.60	23.73	16.86	12.18	13.34	13.53	52.40	0.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	81.30	0.00	821.33	1.45	14.17	13.98	3.52	0.00	3.08	4.59	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.58	1.52	1.51	0.71	1.55	1.52	1.47	1.70	1.67	1.66	2.40
Long-Term Debt to Equity	1.54	1.48	1.51	0.71	1.55	1.52	1.47	1.70	1.53	1.52	2.40
Financial Leverage	1.32	1.30	1.33	0.69	1.44	1.38	1.12	0.42	1.16	1.14	0.89
Leverage Ratio	4.36	4.43	4.55	4.74	4.69	4.61	4.71	4.92	4.79	4.75	5.12
Compound Leverage Factor	3.03	3.71	5.66	5.55	3.31	3.55	-26.98	5.03	6.04	2.49	-0.27
Debt to Total Capital	61.27%	60.26%	60.15%	41.48%	60.80%	60.33%	59.44%	62.95%	62.56%	62.34%	70.56%
Short-Term Debt to Total Capital	1.70%	1.39%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	5.10%	5.13%	0.00%
Long-Term Debt to Total Capital	59.56%	58.88%	60.15%	41.48%	60.80%	60.33%	59.44%	62.95%	57.46%	57.21%	70.56%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	38.73%	39.74%	39.85%	58.52%	39.20%	39.67%	40.56%	37.05%	37.44%	37.66%	29.44%
Debt to EBITDA	4.92	5.29	7.78	5.76	9.56	10.68	8.29	-9.33	-6.71	-6.27	-9.69
Net Debt to EBITDA	4.65	4.93	7.16	4.18	8.48	9.38	7.28	-4.60	-3.65	-3.42	-3.84
Long-Term Debt to EBITDA	4.78	5.16	7.78	5.76	9.56	10.68	8.29	-9.33	-6.16	-5.76	-9.69
Debt to NOPAT	9.67	11.13	21.74	65.62	43.78	117.39	50.38	-7.38	-5.84	-5.60	-8.28
Net Debt to NOPAT	9.15	10.38	20.02	47.70	38.82	103.20	44.23	-3.64	-3.18	-3.06	-3.29
Long-Term Debt to NOPAT	9.41	10.87	21.74	65.62	43.78	117.39	50.38	-7.38	-5.37	-5.14	-8.28
Altman Z-Score	2.07	1.87	1.70	1.56	1.88	1.81	1.74	1.47	1.64	1.81	1.75
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.24	1.26	1.23	1.20	1.22	1.23	1.34	1.32	1.27	1.27	1.73
Quick Ratio	0.20	0.21	0.23	0.21	0.25	0.25	0.20	0.52	0.45	0.45	0.84
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-221	-346	-231	3,230	545	536	1,528	-1,922	1,804	1,916	531
Operating Cash Flow to CapEx	-426.59%	401.32%	679.42%	555.23%	6.90%	209.18%	190.25%	-143.95%	-577.78%	104.17%	-19.35%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.93	0.92	0.89	0.76	0.92	0.92	0.91	0.79	0.78	0.77	0.70
Accounts Receivable Turnover	12.87	13.01	12.60	14.24	14.03	13.74	14.58	15.77	13.50	13.04	14.98
Inventory Turnover	1.29	1.29	1.28	1.22	1.38	1.37	1.48	1.52	1.31	1.28	1.40
Fixed Asset Turnover	6.87	6.80	6.49	5.67	6.82	6.90	7.13	6.29	6.19	6.15	6.28
Accounts Payable Turnover	1.66	1.62	1.57	1.39	1.76	1.74	1.79	1.64	1.50	1.49	1.62
Days Sales Outstanding (DSO)	28.36	28.05	28.97	25.64	26.02	26.57	25.04	23.15	27.04	27.98	24.37
Days Inventory Outstanding (DIO)	283.27	283.28	285.41	299.90	264.76	267.26	246.83	240.91	279.35	285.22	260.74
Days Payable Outstanding (DPO)	220.52	225.17	232.37	262.88	207.47	209.83	204.28	222.56	243.35	244.57	224.99
Cash Conversion Cycle (CCC)	91.10	86.17	82.02	62.65	83.31	84.00	67.59	41.50	63.04	68.64	60.12
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	6,580	6,576	6,325	2,675	6,092	6,092	4,797	3,987	4,196	4,192	4,282
Invested Capital Turnover	1.74	1.76	1.73	2.13	1.78	1.78	2.01	2.73	1.73	1.70	1.90
Increase / (Decrease) in Invested Capital	291	438	176	-3,305	-487	-484	-1,528	1,312	-1,896	-1,900	-515
Enterprise Value (EV)	11,394	7,984	6,700	4,845	8,195	7,237	5,636	4,434	3,905	5,738	5,748
Market Capitalization	7,450	4,131	3,022	3,547	4,667	3,751	2,293	2,617	1,906	3,749	3,661
Book Value per Share	$44.47	$45.81	$44.51	$42.35	$43.07	$43.72	$43.53	$36.33	$36.74	$36.76	$36.59
Tangible Book Value per Share	$17.44	$18.92	$17.79	$25.20	$16.64	$17.43	$26.61	$19.52	$19.95	$20.01	$19.92
Total Capital	6,806	6,853	6,642	4,306	6,543	6,572	6,405	5,856	5,868	5,849	7,456
Total Debt	4,170	4,130	3,996	1,786	3,978	3,965	3,807	3,686	3,671	3,646	5,261
Total Long-Term Debt	4,054	4,035	3,996	1,786	3,978	3,965	3,807	3,686	3,372	3,346	5,261
Net Debt	3,943	3,853	3,678	1,298	3,527	3,486	3,342	1,817	1,999	1,989	2,087
Capital Expenditures (CapEx)	90	54	29	47	39	41	37	51	27	48	62
Debt-free, Cash-free Net Working Capital (DFCFNWC)	1,108	1,118	867	582	680	724	1,436	-391	-86	-75	-5.00
Debt-free Net Working Capital (DFNWC)	1,334	1,395	1,185	1,070	1,131	1,203	1,900	1,478	1,586	1,582	3,169
Net Working Capital (NWC)	1,218	1,300	1,185	1,070	1,131	1,203	1,900	1,478	1,287	1,282	3,169
Net Nonoperating Expense (NNE)	22	14	7.03	-39	17	7.00	6.30	-195	-116	0.71	16
Net Nonoperating Obligations (NNO)	3,943	3,853	3,678	156	3,527	3,486	2,200	1,817	1,999	1,989	2,087
Total Depreciation and Amortization (D&A)	93	70	44	63	95	73	50	75	89	57	68
Debt-free, Cash-free Net Working Capital to Revenue	9.89%	9.97%	8.03%	6.32%	6.03%	6.42%	12.82%	-4.30%	-0.97%	-0.86%	-0.06%
Debt-free Net Working Capital to Revenue	11.91%	12.44%	10.97%	11.61%	10.03%	10.67%	16.96%	16.25%	17.81%	18.11%	36.74%
Net Working Capital to Revenue	10.88%	11.59%	10.97%	11.61%	10.03%	10.67%	16.96%	16.25%	14.45%	14.67%	36.74%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$1.44	$0.00	($0.58)	$0.67	$0.75	($0.10)	($6.95)	$0.40	$0.25	($0.02)
Adjusted Weighted Average Basic Shares Outstanding	0.00	59.45M	0.00	59.43M	59.56M	59.63M	59.68M	59.65M	59.80M	59.90M	60M
Adjusted Diluted Earnings per Share	$0.00	$1.43	$0.00	($0.59)	$0.67	$0.75	($0.10)	($6.93)	$0.40	$0.25	($0.02)
Adjusted Weighted Average Diluted Shares Outstanding	0.00	59.60M	0.00	59.61M	59.84M	59.91M	59.90M	59.90M	60.20M	60.50M	60M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	59.47M	0.00	59.55M	59.62M	59.67M	59.73M	59.79M	59.93M	59.98M	60.02M
Normalized Net Operating Profit after Tax (NOPAT)	70	93	-55	-75	58	52	0.28	-610	-9.10	36	39
Normalized NOPAT Margin	2.05%	3.45%	-2.48%	-8.40%	1.69%	1.94%	0.01%	-71.18%	-0.35%	1.81%	1.89%
Pre Tax Income Margin	1.98%	3.98%	-4.43%	-13.89%	1.76%	2.31%	-0.75%	-101.98%	-5.07%	1.04%	-0.10%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	72.65%	87.91%	150.41%	703.86%	662.44%	-567.07%	157.21%	-20.54%	-17.61%	-15.70%	-18.30%
Augmented Payout Ratio	170.95%	142.00%	220.16%	752.69%	686.95%	-610.87%	170.62%	-22.47%	-19.18%	-16.88%	-19.50%

Financials Breakdown Chart

Key Financial Trends

Below are MarketBeat-style takeaways from Advance Auto Parts (NYSE: AAP) using the latest Q3 2025 results and the recent four-year trend across quarterly statements. Bulleted points are categorized into positive, neutral, and negative impacts for investors to consider.

Strong liquidity position: Cash & equivalents reached $3.174 billion in Q3 2025, up from levels around $1.7–2.0 billion in prior periods, providing substantial liquidity headroom.
Financing-driven liquidity: Net cash from financing activities was $1.591 billion in Q3 2025, boosting cash reserves and financial flexibility.
Stable gross margin: Recent quarters show gross margins around the low- to mid-40s (Q3 2025 gross profit $881 million on revenue $2.036 billion equals about 43.3%), indicating margin stability despite revenue changes.
Solid working capital cushion: As of Q3 2025, total current assets $7.518 billion vs total current liabilities $4.349 billion, yielding roughly $3.17 billion of working capital support.
Ongoing dividend per share: Cash dividends to common shareholders are $0.25 per share, providing a consistent return component for investors.

Inventory levels relatively stable: Net inventories sit around $3.69B–$3.75B in 2025, suggesting steady stock levels and consistent supply chain positioning.
Leverage remains elevated: The company carries a sizable debt load, including long-term debt around $3.41B and capital lease obligations near $1.85B at Q3 2025, contributing to a higher leverage profile that investors should monitor.
Capital structure snapshot: Total liabilities near $9.86B and total equity around $2.20B in the latest period reflect a leveraged but manageable capitalization mix within the broader balance sheet context.

Revenue trend has weakened: Revenue has trended lower over the four-year window, with Q3 2025 revenue of about $2.036B versus roughly $2.64B in Q3 2022, a meaningful year-over-year and multi-year decline.
Profitability volatility and losses: Net income and EPS have shown material volatility and several quarters of losses (e.g., 2024 Q4 net income around -$414M; 2025 Q3 basic EPS about -$0.02), signaling ongoing profitability challenges despite liquidity improvements.

05/21/26 05:33 PM ETAI Generated. May Contain Errors.

Advance Auto Parts Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Advance Auto Parts' fiscal year ends in January. Their fiscal year 2026 ended on January 3, 2026.

Advance Auto Parts' net income appears to be on a downward trend, with a most recent value of $44 million in 2026, falling from $473.40 million in 2015. The previous period was -$336 million in 2024. View Advance Auto Parts' forecast to see where analysts expect Advance Auto Parts to go next.

Advance Auto Parts' total operating income in 2026 was -$43 million, based on the following breakdown:

Total Gross Profit: $3.73 billion
Total Operating Expenses: $3.78 billion

Over the last 10 years, Advance Auto Parts' total revenue changed from $9.74 billion in 2015 to $8.60 billion in 2026, a change of -11.7%.

Advance Auto Parts' total liabilities were at $9.63 billion at the end of 2026, a 11.6% increase from 2024, and a 69.9% increase since 2015.

In the past 10 years, Advance Auto Parts' cash and equivalents has ranged from $90.78 million in 2015 to $3.12 billion in 2026, and is currently $3.12 billion as of their latest financial filing in 2026.

Over the last 10 years, Advance Auto Parts' book value per share changed from 33.60 in 2015 to 36.62 in 2026, a change of 9.0%.

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Financial statements for NYSE:AAP last updated on 2/17/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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Advance Auto Parts (AAP) Financials

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