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.
| Type | Public | |
| Founded | 1932 | |
| HQ | Roanoke, VA, US | Map |
| Website | corp.advanceautoparts.com |
Recent NewsAll News
- Advance Auto Parts adjusted profit more than triples and sales rise, beating expectations
- Foot Locker names Advance Auto Parts vet CFO
- Braille Energy Systems Inc. Announces Its Replacement Lithium Batteries Now Available at Advance Auto Parts
- Advance Auto Parts stock jumps after big profit beat, sales rise above forecasts
Key People/Management at Advance Auto Parts
Tom Greco
President and Chief Executive Officer
Bob Cushing
Executive Vice President, Professional
Jeffrey J. Jones II
Director
Tammy Moss Finley
Executive Vice President, General Counsel and Corporate Secretary
Jeff Shepherd
Executive Vice President, Chief Financial Officer
Natalie Rothman Schechtman
Executive Vice President, Chief Human Resources Officer
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
Advance Auto Parts Financials and Metrics
Advance Auto Parts Revenue
Advance Auto Parts's revenue was reported to be $10.11 b in FY, 2020
| USD | |
|---|---|
Revenue (FY, 2020) | 10.1b |
Gross profit (FY, 2020) | 4.5b |
Gross profit margin (FY, 2020), % | 44.3% |
Net income (FY, 2020) | 493.0m |
EBIT (FY, 2020) | 749.9m |
Market capitalization (11-Jun-2021) | 13.0b |
Closing stock price (11-Jun-2021) | 199.4 |
Cash (2-Jan-2021) | 835.0m |
EV | 15.2b |
Advance Auto Parts's current market capitalization is $13 b.
Annual
Annual
Quarterly
Annual
Quarterly
| USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
|---|---|---|---|---|---|---|---|---|---|
Net Income | 136.7m | 254.6m | 370.4m | 142.5m | 267.3m | 391.0m | 43.6m | 233.5m | 381.0m |
Depreciation and Amortization | 71.7m | 128.2m | 183.6m | 69.9m | 123.3m | 179.6m | 78.6m | 135.2m | 192.9m |
Inventories | (64.4m) | 2.1m | (22.9m) | (68.7m) | (5.7m) | (25.0m) | (104.9m) | 67.9m | 62.2m |
Accounts Payable | (2.9m) | 19.1m | 131.6m | 102.9m | 142.0m | 227.8m | (112.5m) | (108.9m) | 106.8m |
| USD | Q1, 2019 |
|---|---|
Debt/Equity | 0.3 x |
Debt/Assets | 0.1 x |
Financial Leverage | 2.4 x |
Advance Auto Parts Operating Metrics
Advance Auto Parts's Stores was reported to be 4.8 k in FY, 2020.
Advance Auto Parts Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| DieHard | December 23, 2019 | $200 m |
| General Parts International, Inc. | October 16, 2013 | $2.04 b |
| B.W.P. Distributors, Inc. | December 19, 2012 | |
| Autopart International, Inc. | September 15, 2005 | |
| Carport Auto Parts | March 15, 2001 | |
| AAP Financial Services, Inc. | ||
| Advance Auto Business Support, LLC | ||
| Advance Auto Innovations, LLC | ||
| Advance e-Service Solutions, Inc. | ||
| Advance Patriot, Inc. |
Advance Auto Parts Revenue Breakdown
Advance Auto Parts revenue breakdown by business segment: 12.0% from Engine Maintenance, 21.0% from Accessories and Chemicals, 66.0% from Parts and Batteries and 1.0% from Other
Advance Auto Parts Cybersecurity Score
Advance Auto Parts Environment, Social & Governance (ESG) Ratings
Advance Auto Parts Online and Social Media Presence
39.76k Twitter followers
Advance Auto Parts has 39.76k Twitter Followers. The number of followers has increased 0.1% month over month and increased 1.2% quarter over quarter
Advance Auto Parts's Trends
Twitter Engagement Stats for @AdvanceAuto
29.2k
Tweets
7.6k
Following
39.8k
Followers
144
Tweets last 30 days
6.4
Avg. likes per Tweet
60.4%
Tweets with engagement
Advance Auto Parts News and Updates
June 02, 2021
Advance Auto Parts adjusted profit more than triples and sales rise, beating expectations
Advance Auto Parts Inc. reported fiscal a first-quarter adjusted profit that more than tripled and beat expectations, boosted by record sales growth amid strong demand from do-it-yourself and professional customers. The auto parts retailer's stock was still inactive in premarket trading. Net income…
March 25, 2021
Foot Locker names Advance Auto Parts vet CFO
Foot Locker Inc. said Thursday that it has named Andrew Page chief financial officer, effective April 12. Page succeeds Lauren Peters, who had previously announced her retirement from the company. Page has nearly 30 years of experience, including his most recent post, chief accounting officer and c…
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 …
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 Tom Greco, Bob Cushing and Jeffrey J. Jones II.
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 $10.1 b.
What is Advance Auto Parts revenue per employee?
Latest Advance Auto Parts revenue per employee is $252.7 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.
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