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AAP

145.53USD-2.83(-1.91%)Market Closed

Advance Auto Parts Inc

Market Summary

USD145.53-2.83Market Closed
-1.91%

AAP Alerts

AAP Stock Price

RSI Chart

Valuation

Market Cap

11.5B

Price/Earnings

21.4

Price/Sales

1.04

Price/Cashflow

17.78

MarketCap/EBT

16.46

Price/Sales

Profitability

EBT Margin

6.30%

Return on Equity

19.17%

Return on Assets

4.41%

Fundamentals

Revenue

Revenue (TTM)

11.1B

Revenue Y/Y

0.77%

Revenue Q/Q

-0.9%

Earnings

Earnings (TTM)

476.8M

Earnings Y/Y

-34.64%

Earnings Q/Q

-23.14%

Price Action

52 Week Range

143.72240.67
(Low)(High)

Last 7 days

-1.6%

Last 30 days

-19.6%

Last 90 days

-18.4%

Trailing 12 Months

-35.4%

Financial Health

Current Ratio

1.16

Debt/Equity

0.42

Debt/Cashflow

0.54

Investor Care

Dividend Yield

2.62%

Dividend/Share (TTM)

5.5

Buy Backs (1Y)

4.97%

Diluted EPS (TTM)

7.81

Peers (Alternatives to Advance Auto Parts)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
53.0B
14.1B
1.71% 25.43%
24.79
3.85
9.27% 6.10%
49.6B
16.3B
-0.33% 30.69%
20.4
3.05
11.09% 11.95%
11.5B
11.1B
-19.63% -35.44%
21.4
1.04
1.02% -26.23%
10.2B
33.5B
4.46% -54.61%
10.5
0.3
43.11% -17.98%
MID-CAP
8.0B
27.1B
14.59% 23.90%
5.73
0.29
8.09% 29.40%
7.6B
22.8B
-5.93% 51.65%
11.46
0.33
47.83% 90.20%
5.6B
27.6B
14.14% -22.37%
4.33
0.2
34.63% 35.29%
5.5B
26.9B
13.05% -3.67%
3.75
0.21
7.28% 29.95%
4.1B
15.9B
32.88% -11.32%
-10.8
0.26
-4.05% -89.13%
3.5B
14.4B
17.26% 3.56%
4.43
0.24
52.73% 63.12%
SMALL-CAP
1.2B
7.1B
-4.48% -37.60%
4.99
0.17
5.91% -25.67%
952.4M
10.2B
-11.50% -11.12%
8.26
0.1
55.09% 227.82%
704.2M
2.3B
1.40% -39.58%
3.66
0.32
11.87% 27.75%
437.6M
1.3B
9.86% -33.39%
4.69
0.34
26.30% -10.40%
219.0M
1.6B
-4.75% -40.00%
2.4
0.16
33.53% 98.62%

Financials for Advance Auto Parts

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q32022Q22021Q42021Q3
Revenue0.2%11,07811,05811,04210,99810,966
Gross Profit-0.1%4,9444,9474,9504,9294,940
  S&GA Expenses1.2%4,2504,2004,1604,0904,062
Earnings Before Taxes-10.8%621696743806847
Net Income-11.0%477536570616646
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q32022Q22021Q42021Q3
Assets0.0%12,13212,13812,00212,19411,864
  Current Assets-0.3%6,1636,1836,0586,2756,161
    Cash Equivalents-20.5%191241139601605
  Inventory2.0%4,9274,8304,7794,6594,450
  Net PPE3.3%1,6641,6111,5681,5281,483
  Goodwill-0.2%990992994994995
Liabilities0.8%9,4169,3439,0939,066-
  Current Liabilities1.9%5,4435,3425,0535,1804,955
  Long Term Debt0.0%1,1881,1881,1871,0341,034
    LT Debt, Current84.9%185100---
    LT Debt, Non Current-1,034----
Shareholder's Equity-2.8%2,7162,7952,9103,1283,197
  Retained Earnings0.4%4,7274,7074,6534,6064,587
  Additional Paid-In Capital1.5%876862845835-
Accumulated Depreciation0.4%3322,4042
Shares Outstanding-1.3%60616263-
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q32022Q22021Q42021Q3
Cashflow From Operations4.0%6706457271,1121,085
  Share Based Compensation-8.7%5459646360
Cashflow From Investing-16.3%-430.25-369.98-331.05-287.31-263.83
Cashflow From Financing24.8%-641.21-853.23-1,121.16-1,064.11-1,288.19
  Dividend Payments9.0%336309283161161
  Buy Backs-19.4%6397939879061,131

Risks

What is the probability of a big loss on AAP?

55.4%


Probability that Advance Auto Parts stock will be more than 20% underwater in next one year

34.2%


Probability that Advance Auto Parts stock will be more than 30% underwater in next one year.

27.3%


Probability that Advance Auto Parts stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does AAP drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Advance Auto Parts was unfortunately bought at previous high price.

Returns

Cumulative Returns on AAP

7.9%


10-Year Cumulative Returns

0.2%


7-Year Cumulative Returns

9.3%


5-Year Cumulative Returns

-0.7%


3-Year Cumulative Returns

What are the long-term rolling returns for AAP?

FIve years rolling returns for Advance Auto Parts.

Which funds bought or sold AAP recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-23
Toroso Investments, LLC
SOLD OFF
-100
-203,000
-
-%
2022-11-22
CVA Family Office, LLC
REDUCED
-28.99
-4,000
8,000
-%
2022-11-22
Seaport Global Advisors, LLC
ADDED
53.16
20,000
72,000
0.29%
2022-11-22
B. Riley Wealth Advisors, Inc.
ADDED
18.6
16,000
244,000
0.01%
2022-11-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
NEW
-
916,000
916,000
0.01%
2022-11-22
Capital Impact Advisors, LLC
REDUCED
-17.83
-134,000
342,000
0.34%
2022-11-21
FourThought Financial, LLC
ADDED
4.06
-4,000
56,000
0.01%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
REDUCED
-1.74
-1,972,000
15,559,000
0.03%
2022-11-18
Industrial Alliance Investment Management Inc.
NEW
-
10,000
10,000
-%
2022-11-18
Power Corp of Canada
UNCHANGED
-
-186,000
1,736,000
0.26%

1–10 of 43

Latest Funds Activity

Are funds buying AAP calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own AAP

Advance Auto Parts News

Investor's Business Daily

AutoZone Stock Skids After Earnings Beat As Inflation Boosts Inventory.14 hours ago

Yahoo Finance

AAP Fair Value

Advance Auto Parts fair value in different scenarios

The table shows the Fair Value estimates for Advance Auto Parts for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

82.31

-43.44%

104.50

-28.19%

126.23

-13.26%

175.13

20.34%

218.86

50.39%

Current Inflation

76.79

-47.23%

95.91

-34.10%

113.99

-21.67%

155.58

6.91%

192.60

32.34%

Very High Inflation

69.87

-51.99%

85.41

-41.31%

99.39

-31.70%

132.68

-8.83%

162.12

11.40%

Historical Advance Auto Parts Fair Value Estimates


Recent SEC filings of Advance Auto Parts

View All Filings
Date Filed Form Type Document
Nov 23, 2022
4
Insider Trading
Nov 16, 2022
10-Q
Quarterly Report
Nov 15, 2022
8-K
Current Report
Oct 11, 2022
3
Insider Trading
Oct 04, 2022
4
Insider Trading
Oct 04, 2022
4
Insider Trading
Oct 04, 2022
4
Insider Trading
Oct 04, 2022
4
Insider Trading
Oct 04, 2022
4
Insider Trading
Oct 04, 2022
4
Insider Trading

Latest Insider Trading transactions for AAP

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-11-21
Word Herman L Jr
ACQUIRED
500,014
148.24
3,373
EVP, U.S. Stores & CQ Ind.
2022-08-24
Creedon Michael C Jr
SOLD (Taxes)
-84,917.5
179.91
-472
EVP, U.S. Stores
2022-08-19
McDonell Jason
SOLD (Taxes)
-90,053.7
207.02
-435
EVP, Merch, Marketing & e-comm
2022-07-01
Hilson Joan M
ACQUIRED
1,482.89
173.64
8.54
-
2022-07-01
LEE EUGENE I JR
ACQUIRED
17,728.6
173.64
102.1
-
2022-07-01
Pertz Douglas A
ACQUIRED
7,914.51
173.64
45.58
-
2022-07-01
Ferraro John Francis
ACQUIRED
17,207.7
173.64
99.1
-
2022-07-01
Torres Sherice
ACQUIRED
1,958.66
173.64
11.28
-
2022-07-01
Bailo Carla Jean
ACQUIRED
3,684.64
173.64
21.22
-
2022-07-01
Valdez Arthur L Jr
ACQUIRED
3,684.64
173.64
21.22
-

1–10 of 50

Thomas R. Greco
41000
Advance Auto Parts, Inc. provides 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 offers 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. It also offers air conditioning chemicals and accessories; air fresheners; antifreeze and washer fluids; electrical wires 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 oils; oil filters, part cleaners and treatments; and transmission fluids for engine maintenance. Further, it offers battery and wiper installation; engine light scanning and checking; electrical system testing; video clinic; oil and battery recycling; and loaner tool program services. Additionally, the company sells its products through its website. It serves professional installers and do-it-yourself customers. The company operates stores under the Advance Auto Parts, Autopart International, and Carquest brands, as well as branches under the Worldpac name. As of January 2, 2022, it operated 4,706 stores and 266 branches in the United States, Puerto Rico, the U.S. Virgin Islands, and Canada; and served 1,317 independently owned Carquest branded stores in Mexico, Grand Cayman, the Bahamas, Turks and Caicos, and the British Virgin Islands. The company was founded in 1929 and is based in Raleigh, North Carolina.

AAP Income Statement

2022-10-08
Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended9 Months Ended
Oct. 08, 2022
Oct. 09, 2021
Oct. 08, 2022
Oct. 09, 2021
Income Statement [Abstract]    
Net sales$ 2,641,341$ 2,621,229$ 8,680,977$ 8,601,014
Cost of sales, including purchasing and warehousing costs1,461,4901,438,7754,808,8884,744,383
Gross profit1,179,8511,182,4543,872,0893,856,631
Selling, general and administrative expenses1,002,653953,2563,289,9403,130,376
Operating income177,198229,198582,149726,255
Other, net:    
Interest expense(12,039)(8,587)(35,114)(28,085)
Loss on early redemption of senior unsecured notes00(7,408)0
Other (expense) income, net(17,741)1,810(18,314)7,790
Total other, net(29,780)(6,777)(60,836)(20,295)
Income before provision for income taxes147,418222,421521,313705,960
Provision for income taxes36,43652,608126,137171,521
Net income$ 110,982$ 169,813$ 395,176$ 534,439
Basic earnings per common share (in dollars per share)$ 1.85$ 2.70$ 6.52$ 8.28
Weighted-average common shares outstanding60,05362,85460,65664,555
Diluted earnings per common share (in dollars per share)$ 1.84$ 2.68$ 6.47$ 8.22
Weighted-average common shares outstanding60,38463,34861,04565,008

AAP Balance Sheet

2022-10-08
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Oct. 08, 2022
Jan. 01, 2022
Current assets:  
Cash and cash equivalents$ 191,204$ 601,428
Receivables, net845,667782,785
Inventories4,926,5794,659,018
Other current assets199,069232,245
Total current assets6,162,5196,275,476
Property and equipment, net of accumulated depreciation of $2,534,559 and $2,403,5671,663,9391,528,311
Operating lease right-of-use assets2,625,6382,671,810
Goodwill989,946993,744
Other intangible assets, net625,673651,217
Other assets64,36473,651
Total assets12,132,07912,194,209
Current liabilities:  
Accounts payable4,097,4123,922,007
Accrued expenses681,216777,051
Long-term Debt, Current Maturities185,0000
Other current liabilities479,273481,249
Total current liabilities5,442,9015,180,307
Long-term debt1,187,9161,034,320
Noncurrent operating lease liabilities2,251,5602,337,651
Deferred income taxes433,717410,606
Other long-term liabilities99,910103,034
Total Liabilities9,416,0049,065,918
Commitments and contingencies
Stockholders' equity:  
Preferred stock, nonvoting, $0.0001 par value00
Common stock, voting, $0.0001 par value88
Additional paid-in capital886,438845,407
Treasury stock, at cost(2,842,896)(2,300,288)
Accumulated other comprehensive loss(54,298)(22,627)
Retained earnings4,726,8234,605,791
Total stockholders’ equity2,716,0753,128,291
Liabilities and Stockholders' Equity, Total$ 12,132,079$ 12,194,209