Advance Auto Parts Inc (AAP)

Advance Auto Parts, Inc. provides automotive aftermarket parts. The company offers batteries and battery accessories; belts and hoses; brakes and brake pads; chassis parts; climate control parts; clutches and drive shafts; engines and engine parts; exhaust systems and parts; hub assemblies; ignition components and wires; radiators and cooling parts; starters and alternators; and steering and alignment parts. It also provides air conditioning chemicals and accessories; air fresheners; antifreeze and washer fluid; electrical wire and fuses; electronics; floor mats, seat covers, and interior accessories; hand and specialty tools; lighting products; performance parts; sealants, adhesives, and compounds; tire repair accessories; vent shades, mirrors, and exterior accessories; washes, waxes, and cleaning supplies; and wiper blades. In addition, the company offers air filters; fuel and oil additives; fuel filters; grease and lubricants; motor oil; oil filters; part cleaners and treatments; and transmission fluid. Further, it provides battery and wiper installation; engine light scanning; electrical system testing, including batteries, starters, and alternators; oil and battery recycling; and loaner tool program services. The company serves professional installers and do-it-yourself customers. It operates stores and independently owned branded stores in the United States, Canada, Puerto Rico, the U.S. Virgin Islands, Mexico, and various Caribbean islands primarily under the Advance Auto Parts and Carquest trade brands. The company also offers its products online. The company was founded in 1929 and is based in Raleigh, North Carolina.

Symbol
AAP
Exchange
NYSE
Sector
Consumer Cyclical
Industry
Auto Parts
Market cap
$2.47B
52 week range
37.89 - 65.2

Valuation

Share price
$41.10 (close of 2026-09-23)
P/E (TTM)
39.52x
Price to book
1.09x
Price to free cash flow
17.24x
Enterprise value
$4.56B
Book value per share
$37.62

Price performance

PeriodChange
1 day+0.22%
5 days-5.45%
1 month-3.48%
3 months-25.01%
6 months-19.00%
Year to date+4.58%
1 year-31.63%
3 years-28.65%
5 years-80.80%
10 years-72.46%
All time+196.11%

Profitability and growth

Return on equity
2.00%
Return on invested capital
-0.50%
Return on assets
0.37%
Return on capital employed
-0.56%
Gross margin
43.40%
Net margin
0.51%
EBITDA margin
2.66%
Revenue growth
-5.42%
Net income growth
113.10%
Free cash flow growth
-210.42%

Cash flow and balance sheet

Free cash flow yield (TTM)
5.80%
Current ratio
1.75x
Net debt to EBITDA
5.47x

Latest reported year

Period end
2026-01-03
Fiscal year
2026
Revenue
$8.60B
Cost of revenue
$4.87B
Gross profit
$3.73B
EBITDA
$229.00M
Net income
$44.00M
Earnings per share
$0.73
Shares outstanding
59.90M

Income statement by year

Period endRevenueGross profitNet incomeEPS
2026-01-03$8.60B$3.73B$44.00M$0.73
2024-12-28$9.09B$3.41B$-336.00M$-5.63
2023-12-30$9.21B$3.86B$30.00M$0.50
2022-12-31$9.15B$4.23B$464.40M$7.70
2022-01-01$11.00B$4.92B$596.62M$9.32
2021-01-02$10.11B$4.48B$493.02M$7.17
2019-12-28$9.71B$4.25B$486.90M$6.87
2018-12-29$9.58B$4.22B$423.85M$5.75
2017-12-30$9.37B$4.09B$475.50M$6.44
2016-12-31$9.57B$4.26B$459.62M$6.22

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2026-01-0343.40%0.51%2.00%-0.50%
2024-12-2837.49%-3.69%-15.48%-13.34%
2023-12-3041.92%0.33%1.19%0.67%
2022-12-3146.27%5.08%17.87%7.11%
2022-01-0144.77%5.42%19.36%10.05%
2021-01-0244.34%4.88%13.94%9.53%
2019-12-2843.82%5.01%13.72%8.26%
2018-12-2944.04%4.42%11.94%12.78%
2017-12-3043.58%5.07%13.92%13.43%
2016-12-3144.48%4.80%15.76%13.29%

Cash and debt by year

Period endCashDebt
2026-01-03$3.12B$3.41B
2024-12-28$1.87B$1.79B
2023-12-30$488.05M$1.79B
2022-12-31$270.81M$1.19B
2022-01-01$588.05M$1.03B
2021-01-02$834.99M$1.03B
2019-12-28$418.67M$747.32M
2018-12-29$896.53M$1.05B
2017-12-30$546.94M$1.04B
2016-12-31$135.18M$1.04B

Free cash flow by year

Period endFree cash flowStock-based compensation
2026-01-03$-298.00M$36.00M
2024-12-28$-96.00M$42.00M
2023-12-30$61.00M$41.00M
2022-12-31$337.81M$46.48M
2022-01-01$817.38M$63.07M
2021-01-02$702.11M$45.27M
2019-12-28$596.78M$37.44M
2018-12-29$617.31M$27.76M
2017-12-30$411.05M$35.27M
2016-12-31$263.74M$20.45M

Dividend history

Most recent payment
2026-07-10
Paid in the last twelve months
$1.00
Payment dateDividend per share
2026-07-10$0.25
2026-04-10$0.25
2026-01-09$0.25
2025-10-10$0.25
2025-07-11$0.25
2025-04-11$0.25
2025-01-10$0.25
2024-10-11$0.25

Investor relations

Next earnings report

Next confirmed report
2026-10-29
Consensus EPS estimate
$0.78

Past earnings dates

ReportedFiscal periodEPS estimate
2026-08-20Jun/2026$0.81
2026-05-21--
2026-02-13--
2025-10-30--
2025-08-14--
2025-05-27--
2025-05-22--
2025-02-26--

Filings and sources

Company website
shop.advanceautoparts.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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