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AAP · NYSE

Advance Auto Parts Inc.

Auto Parts · United States

USD 42.551.4% daily changeQuote 2026-09-18 · USD
Market cap (USD)
US$2.57B
Trailing P/E
23.77x
Forward P/E
10.93x
Quarterly revenue growth
-0.5%
Trailing net margin
1.0%
Indicated dividend yield
2.4%

Snapshot 2026-09-20 · Latest financial period 2026-07-18 · Yahoo Finance. Quotes may be delayed; reporting periods can differ.

Next earnings: 2026-11-05 (provider estimate, not issuer-confirmed).

Company background

Advance Auto Parts, Inc. provides automotive aftermarket parts. The company offers batteries and battery accessories; belts and hoses; brakes and brake pads; chassis parts; 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 provides air conditioning chemicals and accessories; air fresheners; antifreeze and washer fluid; electrical wire 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 oil; oil filters; part cleaners and treatments; and transmission fluid. Further, it provides battery and wiper installation; engine light scanning; electrical system testing, including batteries, starters, and alternators; oil and battery recycling; and loaner tool program services. The company serves professional installers and do-it-yourself customers. It operates stores and independently owned branded stores in the United States, Canada, Puerto Rico, the U.S. Virgin Islands, Mexico, and various Caribbean islands primarily under the Advance Auto Parts and Carquest trade brands. The company also offers its products online. The company was founded in 1929 and is based in Raleigh, North Carolina.

Company website

Q2 2026

Go beyond the headline.

AAP Stock Q2 2026: Advance Auto Parts Earnings - The Turnaround Clock Ran Out

Published 2026-08-22

Comparable businesses

AAP peer comparison

Same business group first, then company size. Preferred market cap: 0.5–2x; extended range: one-third–3x. Outside that range, industry benchmarks are labeled separately and excluded from peer medians.

Comparison stocks

Market metrics · missing or inapplicable values shown as —
MetricAAPAdvance Auto Parts, Inc.Snapshot 2026-09-20Financial period: 2026-07-18QSQuantumScape CorporationSnapshot 2026-09-20Financial period: 2026-06-30GTXGarrett Motion Inc.Snapshot 2026-09-20Financial period: 2026-06-30Peer medianSimilar-size peers only
Market capMarket value, converted to USDUS$2.57BUS$3.09BUS$4.90BUS$4.00Bn=2
Forward P/EProvider forward earnings estimate10.93x11.43x
EV / EBITDAEnterprise value / trailing EBITDA8.07x9.40x
Revenue growthLatest quarter vs prior-year quarter-0.5%6.9%
Operating marginLatest reported quarter5.5%0.0%15.5%7.7%n=2
Free cash flow yieldTrailing cash flow / market cap-2.1%-4.6%6.3%0.9%n=2
Net debt / EBITDANet debt / trailing EBITDA3.99x1.92x
Debt / equityTotal debt / positive book equity2.49x0.06x
Trailing P/ETrailing twelve-month earnings23.77x14.43x
Price / bookPrice / positive book equity per share1.13x2.97x
EV / salesEnterprise value / trailing revenue0.59x1.64x
Earnings growthLatest quarter vs prior-year quarter260.0%26.2%
Gross marginTrailing twelve months45.1%0.0%20.8%10.4%n=2
Net marginTrailing twelve months1.0%0.0%9.5%4.8%n=2
Return on equityProvider trailing return; positive equity only4.9%-39.1%
Free cash flow marginTrailing free cash flow / revenue-0.6%8.2%
Dividend yieldIndicated annual dividend / price2.4%1.2%
Earnings payoutProvider trailing dividend payout55.9%0.0%16.5%8.2%n=2
Current ratioCurrent assets / current liabilities1.75x18.42x1.00x9.71xn=2
BetaProvider historical market sensitivity1.032.690.801.74n=2

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Comparison methodology & limitations

Reviewed operating groups override broad sector classifications. Other companies are matched only within a sufficiently specific provider industry. Business mix, geography and accounting standards can still differ. Market caps are converted to USD using exchange rates captured during the snapshot refresh. Financial ratios that would mix currencies are omitted. Snapshots must be at most 14 days old and no more than seven days apart for automatic selection.

Peer medians require at least two valid similar-size peers for each metric. Negative earnings, nonpositive equity, missing data and irrelevant bank ratios are not presented as attractive valuations. A higher or lower number is not automatically a better investment. Financial statement periods are not calendar-aligned across companies.

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Earnings-multiple scenario

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Starting assumptions, when available, use provider forward estimates as of 2026-09-20. Negative earnings require a different valuation method. This calculation omits balance-sheet, dilution and execution risks.

THE RESEARCH RECORD

Research history for AAP

All available reporting periods
Q2 20262026-08-22
Q1 20262026-05-22

Reported figures

Verify material figures against company filings. Market data and AI-assisted analysis may contain errors.