About advance auto parts inc. - AAP
Advance Auto Parts, Inc. engages in the supply and distribution of aftermarket automotive products for both professional installers and do-it-yourself customers. It operates through the following segments: Advance Auto Parts/Carquest U.S., Carquest Canada, Worldpac, and Independents. The company was founded by Arthur Taubman in 1929 and is headquartered in Raleigh, NC.
AAP At a Glance
Advance Auto Parts, Inc.
4200 Six Forks Road
Raleigh, North Carolina 27609
| Phone | 1-540-362-4911 | Revenue | 11.29B | |
| Industry | Specialty Stores | Net Income | 29.74M | |
| Sector | Retail Trade | 2023 Sales Growth | 1.191% | |
| Fiscal Year-end | 12 / 2024 | Employees | 69,000 | |
| View SEC Filings |
AAP Valuation
| P/E Current | 52.841 |
| P/E Ratio (with extraordinary items) | N/A |
| P/E Ratio (without extraordinary items) | 122.354 |
| Price to Sales Ratio | 0.322 |
| Price to Book Ratio | 1.441 |
| Price to Cash Flow Ratio | 12.659 |
| Enterprise Value to EBITDA | 18.016 |
| Enterprise Value to Sales | 0.672 |
| Total Debt to Enterprise Value | 0.587 |
AAP Efficiency
| Revenue/Employee | 163,588.507 |
| Income Per Employee | 430.942 |
| Receivables Turnover | 14.107 |
| Total Asset Turnover | 0.902 |
AAP Liquidity
| Current Ratio | 1.202 |
| Quick Ratio | 0.286 |
| Cash Ratio | 0.095 |
AAP Profitability
| Gross Margin | 40.075 |
| Operating Margin | 1.013 |
| Pretax Margin | 0.282 |
| Net Margin | 0.263 |
| Return on Assets | 0.238 |
| Return on Equity | 1.144 |
| Return on Total Capital | 0.427 |
| Return on Invested Capital | 0.469 |
AAP Capital Structure
| Total Debt to Total Equity | 176.495 |
| Total Debt to Total Capital | 63.833 |
| Total Debt to Total Assets | 34.207 |
| Long-Term Debt to Equity | 158.832 |
| Long-Term Debt to Total Capital | 57.445 |
Advance Auto Parts Inc. in the News
Advance Auto Parts closing hundreds of locations following sluggish performance
Advance Auto Parts announced that it will close over 700 locations, including corporate stores and independently-owned locations, as part of a financial restructuring effort.
Free gas for a year announced by Advance Auto Parts with 'Drive of Your Life' contest
Advance Auto Parts, Inc. has launched a "Drive of Your Life" contest that'll give drivers a chance at winning free gas for a year as Americans have faced higher gas prices in 2022.
How the tax bill could hit two US companies, one domestic, the other global
Advance Auto Parts Inc. and Agilent Technologies Inc. will see their tax rates increase by a fifth under the sweeping tax bill proposed by congressional Democrats, but for different reasons.
Car part prices are heading higher
Higher costs for products, shipping containers and labor are driving car part prices higher.