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Advance Auto Parts

OverviewSuggest Edit

Advance Auto Parts is an automotive aftermarket parts provider, serving both professional installers and “do-it-yourself” (DIY), customers as well as independently owned operators. Its stores and branches offer a selection of brand name, original equipment manufacturer (OEM) and private label automotive replacement parts, accessories, batteries, and maintenance items for domestic and imported cars, vans, sport utility vehicles, and light and heavy duty trucks. The company operates stores and branches primarily under the trade names Advance Auto Parts, Autopart International, Carquest, and Worldpac.
TypePublic
Founded1932
HQRoanoke, VA, USMap
Websitecorp.advanceautoparts.com
View Jobs (9)

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Latest Updates

Employees (est.) (Dec 2019)39,000(-2%)
Job Openings9
Revenue (FY, 2019)$9.7 B(+2%)
Share Price (Jan 2021)$165.3 (-2%)
Cybersecurity ratingCMore

Key People/Management at Advance Auto Parts

Mike Broderick

Mike Broderick

Executive Vice President, Merchandising and Store Operations Support
Tom Greco

Tom Greco

President and Chief Executive Officer
Bob Cushing

Bob Cushing

Executive Vice President, Professional
Jeffrey J. Jones II

Jeffrey J. Jones II

Director
Tammy Moss Finley

Tammy Moss Finley

Executive Vice President, General Counsel and Corporate Secretary
Jeff Shepherd

Jeff Shepherd

Executive Vice President, Chief Financial Officer
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Advance Auto Parts Office Locations

Advance Auto Parts has offices in Roanoke and Raleigh
Roanoke, VA, US (HQ)
5008 Airport Rd NW
Raleigh, NC, US
2635 E Millbrook Rd
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Advance Auto Parts Financials and Metrics

Advance Auto Parts Revenue

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Advance Auto Parts's revenue was reported to be $9.71 b in FY, 2019
USD

Revenue (FY, 2019)

9.7b

Gross profit (FY, 2019)

4.3b

Gross profit margin (FY, 2019), %

43.8%

Net income (FY, 2019)

486.9m

EBIT (FY, 2019)

677.2m

Market capitalization (15-Jan-2021)

11.2b

Closing stock price (15-Jan-2021)

165.3

Cash (28-Dec-2019)

418.7m

EV

13.6b
Advance Auto Parts's current market capitalization is $11.2 b.
Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

6.2b6.2b9.8b9.7b9.6b9.4b9.6b9.7b

Revenue growth, %

(1%)(2%)(2%)

Cost of goods sold

3.1b3.1b5.4b5.3b5.3b5.3b5.4b5.5b

Gross profit

3.1b3.1b4.5b4.4b4.3b4.1b4.2b4.3b
Quarterly
USDQ3, 2011Q4, 2011Q3, 2012Q3, 2013Q3, 2014Q1, 2015Q2, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2016Q1, 2018Q2, 2018Q3, 2018Q3, 2018Q3, 2019

Revenue

1.5b6.2b1.5b1.5b2.3b3.0b2.3b3.0b2.4b2.3b3.0b2.3b2.2b2.9b2.3b2.2b2.3b2.3b

Cost of goods sold

740.5m3.1b732.2m1.3b1.3b

Gross profit

724.5m3.1b725.4m1.0b1.0b

Gross profit Margin, %

49%50%50%44%44%
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Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

598.1m1.1b104.7m90.8m135.2m546.9m896.5m418.7m

Accounts Receivable

229.9m641.3m606.4m625.0m689.5m

Prepaid Expenses

47.6m198.4m155.2m

Inventories

2.3b4.3b4.2b4.4b4.4b
Quarterly
USDQ3, 2011Q4, 2011Q3, 2012Q3, 2013Q3, 2014Q1, 2015Q2, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2016Q1, 2018Q2, 2018Q3, 2018Q3, 2018Q3, 2019

Cash

65.9m57.9m479.4m567.3m89.7m83.4m67.4m123.8m114.5m105.3m103.7m104.8m119.5m126.1m257.2m363.3m970.0m573.7m

Accounts Receivable

131.4m140.0m204.6m698.6m721.3m

Prepaid Expenses

67.1m52.8m70.6m168.6m140.5m

Inventories

2.1b2.0b2.2b2.5b3.9b3.9b3.9b4.1b4.1b4.1b4.4b4.4b4.4b4.4b4.3b4.2b4.2b4.4b
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Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

387.7m391.8m493.8m473.4m459.6m475.5m423.8m486.9m

Depreciation and Amortization

189.5m269.5m258.4m249.3m238.2m238.4m

Inventories

(260.3m)(244.1m)(144.6m)167.5m(206.1m)(63.1m)

Accounts Payable

376.6m113.5m216.4m119.2m(119.3m)(197.2m)285.5m245.8m
Quarterly
USDQ3, 2011Q4, 2011Q3, 2012Q3, 2013Q3, 2014Q1, 2015Q2, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2016Q1, 2018Q2, 2018Q3, 2017Q3, 2018Q3, 2019

Net Income

328.2m394.7m322.6m342.5m409.4m147.7m287.2m148.1m298.1m418.6m158.8m283.4m397.3m108.0m195.0m291.0m370.4m391.0m

Depreciation and Amortization

134.5m175.9m143.8m160.1m218.6m88.2m152.7m83.2m145.9m207.5m79.3m139.3m199.3m77.4m135.2m192.8m183.6m179.6m

Inventories

245.9m179.3m148.8m(89.4m)41.9m117.0m(22.9m)(25.0m)

Accounts Payable

293.6m360.7m172.0m(9.5m)209.5m101.4m169.4m45.7m85.9m91.6m108.5m11.6m(9.2m)(36.7m)(153.7m)(170.2m)131.6m227.8m
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USDQ3, 2012

Financial Leverage

4.7 x
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Advance Auto Parts Operating Metrics

Advance Auto Parts's Stores was reported to be 5.1 k in Q2, 2018.
FY, 2014Q1, 2016Q2, 2016Q3, 2016FY, 2015Q1, 2017Q2, 2017Q3, 2017FY, 2016Q1, 2018Q2, 2018

Branches

111 115 117 118 122 125 126 127 127 130 131

Products

35

Stores

5.26 k5.24 k5.25 k5.24 k5.17 k5.09 k5.07 k5.06 k5.06 k5.06 k5.07 k
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Advance Auto Parts Revenue Breakdown

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Advance Auto Parts revenue breakdown by business segment: 66.0% from Parts and Batteries, 19.0% from Accessories and Chemicals, 14.0% from Engine Maintenance and 1.0% from Other

Advance Auto Parts Cybersecurity Score

Cybersecurity ratingPremium dataset

C

75/100

Learn more about our premium products
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Advance Auto Parts Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

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Advance Auto Parts Online and Social Media Presence

Advance Auto Parts's Trends

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Advance Auto Parts News and Updates

November 09, 2020

Braille Energy Systems Inc. Announces Its Replacement Lithium Batteries Now Available at Advance Auto Parts

OTTAWA, Nov. 09, 2020 (GLOBE NEWSWIRE) -- Braille Energy Systems Inc. (formerly Mincom Capital Inc.) (TSX-V: BES) (“BESI” or the “Company”), announced today that the Company has been designated as a supplier of replacement lithium batteries to Advance Auto Parts thru Advance’s website.
August 18, 2020

Advance Auto Parts stock jumps after big profit beat, sales rise above forecasts

Shares of Advance Auto Parts Inc. shot up 5.0% toward a 9-month high in premarket trading Tuesday, after the auto parts seller reported a fiscal second-quarter profit that was well above expectations, helped by the best same-store sales performance in nearly 10 years. Net income for the quarter to …
March 20, 2020

Advance Auto Parts to draw down $500 million of $1 billion credit facility

Advance Auto Parts Inc. said Friday it has tapped $500 million of a $1 billion credit facility as it moves to increase its cash position in the midst of the coronavirus outbreak. Proceeds will be used for working capital, ongoing operating needs and general corporate purposes, the Shares rose 1.8%…
February 18, 2020

Advance Auto Parts stock rallies after profit beats expectations, but same-store sales comes up shy

Shares of Advance Auto Parts Inc. rose 1.8% in premarket trading Tuesday, after the auto parts retailer reported a fourth-quarter profit that beat expectations, while same-store sales came up short. Net income rose to $95.9 million, or $1.38 a share, from $53.4 million, or 74 cents a share, in the …
December 26, 2019

The Ratings Game: DieHard brand will give Advance Auto Parts sales at Walmart a jolt

Buying the popular battery brand Die Hard will drive growth for Advance Auto Parts Inc., including sales through its partnership with Walmart Inc., analysts say.
November 13, 2019

Thinking about trading options or stock in Advance Auto Parts, Alibaba, Microsoft, Roku, or Twilio?

NEW YORK, Nov. 13, 2019 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for AAP, BABA, MSFT, ROKU, and TWLO. Click a link below then choose between in-depth options trade idea report or a stock score report. Options Report – Ideal trade ideas on up to seven different...
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Advance Auto Parts Blogs

November 21, 2019

Advance Auto Parts to Begin Multi-Year Partnership with Team Penske During 2020 NASCAR Cup Series

Advance Auto Parts to Begin Multi-Year Partnership with Team Penske During 2020 NASCAR Cup Series melissa.oneil@… Thu, 11/21/2019 - 16:30 Advance Auto Parts to Begin Multi-Year Partnership with Team Penske During 2020 NASCAR Cup Series November 21, 2019 at 4:30 PM EST …
November 01, 2019

Advance Auto Parts Launches Integrated Training Curriculum to Serve the Full Life Cycle of Automotive Technicians

New learning management system introduces Career Pathways to help guide technician’s journey in the aftermarket RALEIGH, N.C. --(BUSINESS WIRE)--Nov. 1, 2019-- Advance Auto Parts, Inc. (NYSE: AAP), a leading automotive aftermarket parts provider, has launched a new learning management system
October 23, 2019

Q3 2019 Advance Auto Parts Earnings Conference Call

Q3 2019 Advance Auto Parts Earnings Conference Call melissa.oneil@… Wed, 10/23/2019 - 13:03 Q3 2019 Advance Auto Parts Earnings Conference Call Display "add to calendar" true Event Type Earnings Conference Call Click here for …
October 23, 2019

Elisabeth Eisleben

Elisabeth Eisleben melissa.oneil@… Wed, 10/23/2019 - 08:50 Elisabeth Eisleben Senior Vice President, Communications and Investor Relations Elisabeth Eisleben joined Advance Auto Parts in October 2017 and has served in her current role as…
October 01, 2019

Robert Speranza

Robert Speranza melissa.oneil@… Tue, 10/01/2019 - 11:06 Robert Speranza Senior Vice President, Strategy and Transformation Rob Speranza joined Advance Auto Parts in September 2018 and has held his position as Senior Vice President, Strate…

 Advance Auto Parts Frequently Asked Questions

  • When was Advance Auto Parts founded?

    Advance Auto Parts was founded in 1932.

  • Who are Advance Auto Parts key executives?

    Advance Auto Parts's key executives are Mike Broderick, Tom Greco and Bob Cushing.

  • How many employees does Advance Auto Parts have?

    Advance Auto Parts has 39,000 employees.

  • What is Advance Auto Parts revenue?

    Latest Advance Auto Parts annual revenue is $9.7 b.

  • What is Advance Auto Parts revenue per employee?

    Latest Advance Auto Parts revenue per employee is $248.9 k.

  • Who are Advance Auto Parts competitors?

    Competitors of Advance Auto Parts include Kirby Corporation, Genuine Parts Company and TravelCenters of America.

  • Where is Advance Auto Parts headquarters?

    Advance Auto Parts headquarters is located at 5008 Airport Rd NW, Roanoke.

  • Where are Advance Auto Parts offices?

    Advance Auto Parts has offices in Roanoke and Raleigh.

  • How many offices does Advance Auto Parts have?

    Advance Auto Parts has 2 offices.