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.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $8.6B | $320M | $44M | $-298M | 2.0% | -5.4% | -113.1% |
| 2024 | $9.1B | $-395M | $-336M | $-96M | -15.5% | -1.2% | -1220.0% |
| 2023 | $9.2B | $310M | $30M | $61M | 1.2% | 0.7% | -93.5% |
| 2022 | $9.1B | $759M | $464M | $336M | 17.9% | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total Revenue | 9,148.87 | 9,209 | 9,094 | 8,601 |
| Cost Of Revenue | 4,916 | 5,349 | 5,685 | 4,868 |
| Gross Profit | 4,232.87 | 3,860 | 3,409 | 3,733 |
| Operating Expense | 3,708.25 | 3,805 | 3,813 | 3,572 |
| Operating Income | 524.62 | 55 | -404 | 161 |
| EBITDA | 759.36 | 310 | -395 | 320 |
| EBIT | 511.03 | 41 | -687 | 48 |
| Pretax Income | 460.19 | -47 | -768 | -91 |
| Tax Provision | 99.66 | -17 | -181 | -159 |
| Net Income | 464.40 | 30 | -336 | 44 |
| Net Income Common Stockholders | 464.40 | 30 | -336 | 44 |
| Total Expenses | 8,624.26 | 9,154 | 9,498 | 8,440 |
| Interest Expense | 50.84 | 88 | 81 | 139 |
| Selling General And Administration | 3,708.25 | 3,805 | 3,813 | 3,572 |
| Normalized EBITDA | 766.77 | 326 | -86 | 524 |
| Normalized Income | 366.34 | -19.79 | -350.82 | 190.40 |
| Market Cap | 3,509.95 | 3,509.95 | 3,509.95 | 3,509.95 |
Consumer Cyclical sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Advance Auto Parts, Inc.this co. | AAP | $3.5B | 79.77β premium | 1.60 | 2.0% | 17.53 |
| Asbury Automotive Group, Inc. | ABG | $4.0B | 7.96 | 1.01 | 12.6% | 9.75 |
| Academy Sports and Outdoors, Inc. | ASO | $3.8B | 9.79 | 1.70 | 17.4% | 8.14 |
| Signet Jewelers Limited | SIG | $3.7B | 12.25 | 1.83 | 15.0% | 5.96 |
| M/I Homes, Inc. | MHO |
| $3.6B |
| 8.55 |
| 1.09 |
| 12.7% |
| 6.63 |
| Dorman Products, Inc. | DORM | $3.4B | 16.38 | 2.26 | 13.8% | 10.65 |
| Red Rock Resorts, Inc. | RRR | $3.2B | 16.81 | 15.18 | 90.3% | 8.06 |
| Patrick Industries, Inc. | PATK | $3.2B | 23.89 | 2.72 | 11.4% | 11.13 |
| American Eagle Outfitters, Inc. | AEO | $3.1B | 15.55 | 1.76 | 11.3% | 8.08 |
| Peer Median | - | 13.90 | 1.80 | 13.3% | 8.11 | |