OverviewSuggest Edit

Advance Auto Parts is an automotive aftermarket parts provider, serving do-it-for-me (Professional) and do-it-yourself (DIY) customers. Its categories of products include Parts and Batteries, Accessories and Chemicals, and Engine Maintenance. The Company's stores and branches offer battery accessories, belts and hoses, brakes and brake pads, chassis and 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.

TypePublic
Founded1932
HQRoanoke, US
Websitecorp.advanceautoparts.com

Latest Updates

Employees (est.) (Dec 2018)40,000
Job Openings14,995
Revenue (FY, 2018)$9.6 B(+3%)
Share Price (Dec 2019)$156.1

Key People/Management at Advance Auto Parts

Thomas Greco

Thomas Greco

Chief Executive Officer, Director

Advance Auto Parts Office Locations

Advance Auto Parts has offices in Roanoke, Albany, Albuquerque, Alexandria and in 292 other locations
Roanoke, US (HQ)
5008 Airport Rd NW
Albany, US
Albany, NY, USA
Albuquerque, US
Albuquerque, NM, USA
Alexandria, US
Alexandria, VA, USA
Allen, US
Allen, TX, USA
Allentown, US
Allentown, PA, USA
Show all (296)

Advance Auto Parts Financials and Metrics

Advance Auto Parts Revenue

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Advance Auto Parts's revenue was reported to be $9.58 b in FY, 2018
USD

Revenue (Q3, 2019)

2.3b

Gross profit (Q3, 2019)

1.0b

Gross profit margin (Q3, 2019), %

43.8%

Net income (Q3, 2019)

123.7m

EBIT (Q3, 2019)

172.3m

Market capitalization (12-Dec-2019)

10.8b

Closing stock price (12-Dec-2019)

156.1

Cash (5-Oct-2019)

573.7m

EV

11.0b
Advance Auto Parts's current market capitalization is $10.8 b.
Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

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

Revenue growth, %

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

Cost of goods sold

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

Gross profit

3.1b3.1b4.5b4.4b4.3b4.1b4.2b
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%
Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

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

Accounts Receivable

229.9m641.3m606.4m625.0m

Prepaid Expenses

47.6m198.4m

Inventories

2.3b4.3b4.2b4.4b
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
Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

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

Depreciation and Amortization

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

Inventories

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

Accounts Payable

376.6m113.5m216.4m119.2m(119.3m)(197.2m)285.5m
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
USDY, 2019

EV/EBIT

63.8 x

EV/CFO

15.5 x

Debt/Equity

0.2 x

Debt/Assets

0.1 x

Financial Leverage

3.2 x
Show all financial metrics

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 Online and Social Media Presence

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Advance Auto Parts News and Updates

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...

Advance Auto Parts stock falls after earnings beat, but same-store sales miss

Shares of Advance Auto Parts Inc. sank 4.8% in premarket trading Tuesday, after the auto parts retailer reported third-quarter profit and revenue that beat expectations but same-store sales that missed. Net income rose $123.7 million, or $1.75 a share, from $115.8 million, or $1.56 a share, in the …

Advance Auto Parts stock gains after profit and revenue beat expectations

Shares of Advance Auto Parts Inc. gained 0.7% in premarket trade Wednesday, after the auto parts retailer reported fiscal first-quarter earnings and revenue that beat forecasts. Net income for the quarter to April 20 rose to $142.5 million, or $1.98 a share, from $136.7 million, or $1.84 a share, i…

Advance Auto Parts beats profit expectations, but same-store sales miss

Advance Auto Parts Inc. reported Tuesday a fourth-quarter profit that beat expectations, but same-store sales that came up a bit short. The auto parts retailer's stock was still inactive in premarket trade. Net income fell to $53.4 million, or 74 cents a share, from $184.5 million, or $2.49 a share…

Thinking about buying stock in Advance Auto Parts, Cisco Systems, The Home Depot Inc., NVIDIA or Walmart Stores Inc.?

CHICAGO, Nov. 13, 2018 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for AAP, CSCO, HD, NVDA, and WMT. To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link....

Advance Auto Parts shares surge 5% premarket after earnings beat, raised guidance

Advance Auto Parts Inc. shares jumped 5% in premarket trade Tuesday, after the company beat third-quarter estimates and raised guidance for the full-year. The company said it had net income of $115.8 million, or $1.56 a share, in the quarter, up from $95.9 million, or $1.30 a share, in the year-ear…
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Advance Auto Parts Blogs

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 …

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

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 …

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…

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 Thomas Greco.

  • How many employees does Advance Auto Parts have?

    Advance Auto Parts has 40,000 employees.

  • What is Advance Auto Parts revenue?

    Latest Advance Auto Parts annual revenue is $9.6 b.

  • What is Advance Auto Parts revenue per employee?

    Latest Advance Auto Parts revenue per employee is $239.5 k.

  • Who are Advance Auto Parts competitors?

    Competitors of Advance Auto Parts include Genuine Parts Company, TravelCenters of America and O'Reilly Auto Parts.

  • 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, Albany, Albuquerque, Alexandria and in 292 other locations.

  • How many offices does Advance Auto Parts have?

    Advance Auto Parts has 296 offices.