Advance Auto Parts, Inc. (AAP) Financial Ratios
28 years of historical data (1998–2025) · Consumer Cyclical · Specialty Retail
EV/EBITDA
↓
13.23
↓-18% vs avg
5yr avg: 16.15
30Y Low6.3·High21.5
P/FCF
↑
N/A
—
5yr avg: 34.82
30Y Low7.6·High59.0
P/B Ratio
↓
1.66
↓-32% vs avg
5yr avg: 2.42
30Y Low1.1·High6.3
ROE
↓
2.0%
↑-56% vs avg
5yr avg: 4.6%
30Y Low-17%·High42%
Debt/EBITDA
↑
12.06
↑+52% vs avg
5yr avg: 7.93
30Y Low0.3·High12.1
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
AAP Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Advance Auto Parts, Inc. trades at 82.3x earnings, 50% above its 5-year average of 54.9x, sitting at the 92nd percentile of its historical range. Compared to the Consumer Cyclical sector median P/E of 21.2x, the stock trades at a premium of 289%.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $3.6B | $2.4B | $2.6B | $3.6B | $8.9B | $15.5B | $10.9B | $11.4B | $11.7B | $7.4B | $12.5B |
| Enterprise Value | $5.7B | $4.5B | $4.4B | $7.0B | $12.3B | $18.2B | $13.1B | $13.7B | $11.8B | $7.9B | $13.4B |
| P/E Ratio → | 82.33 | 53.27 | — | 122.06 | 19.22 | 25.12 | 22.06 | 23.42 | 27.48 | 15.53 | 27.28 |
| P/S Ratio | 0.42 | 0.27 | 0.29 | 0.40 | 0.98 | 1.41 | 1.08 | 1.17 | 1.22 | 0.79 | 1.31 |
| P/B Ratio | 1.66 | 1.07 | 1.21 | 1.44 | 3.43 | 4.95 | 3.05 | 3.21 | 3.28 | 2.16 | 4.28 |
| P/FCF | — | — | — | 58.96 | 26.58 | 18.93 | 15.49 | 28.84 | 18.87 | 17.97 | 47.36 |
| P/OCF | — | — | 31.05 | 12.66 | 12.12 | 13.98 | 11.21 | 13.15 | 14.37 | 12.30 | 23.87 |
P/E links to full P/E history page with 30-year chart
AAP EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Advance Auto Parts, Inc.'s enterprise value stands at 13.2x EBITDA, 18% below its 5-year average of 16.2x. The Consumer Cyclical sector median is 12.2x, placing the stock at a 9% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.52 | 0.49 | 0.76 | 1.35 | 1.66 | 1.29 | 1.42 | 1.23 | 0.84 | 1.40 |
| EV / EBITDA | 13.23 | 10.29 | — | 21.53 | 15.92 | 16.86 | 13.08 | 15.01 | 14.01 | 9.62 | 12.81 |
| EV / EBIT | 35.57 | 92.87 | — | 170.15 | 24.08 | 22.24 | 18.74 | 20.28 | 19.29 | 13.62 | 16.77 |
| EV / FCF | — | — | — | 113.06 | 36.64 | 22.32 | 18.64 | 34.77 | 19.11 | 19.18 | 50.80 |
AAP Profitability
Margins and return-on-capital ratios measuring operating efficiency
Advance Auto Parts, Inc. earns an operating margin of 1.9%, roughly in line with the Consumer Cyclical sector average. Operating margins have expanded from 0.6% to 1.9% over the past 3 years, signaling improving operational efficiency. ROE of 2.0% is modest, trailing the sector median of 5.3%. ROIC of 2.9% represents below-average returns on invested capital versus a sector median of 5.2%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 43.4% | 43.4% | 37.5% | 41.9% | 46.3% | 44.8% | 44.3% | 43.8% | 44.0% | 43.6% | 44.5% |
| Operating Margin | 1.9% | 1.9% | -4.4% | 0.6% | 5.7% | 7.5% | 7.4% | 7.0% | 6.3% | 6.1% | 8.2% |
| Net Profit Margin | 0.5% | 0.5% | -3.7% | 0.3% | 5.1% | 5.4% | 4.9% | 5.0% | 4.4% | 5.1% | 4.8% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 2.0% | 2.0% | -14.3% | 1.2% | 16.2% | 17.8% | 13.9% | 13.7% | 12.2% | 15.0% | 17.1% |
| ROA | 0.4% | 0.4% | -2.9% | 0.2% | 3.8% | 5.0% | 4.3% | 4.8% | 4.8% | 5.7% | 5.6% |
| ROIC | 2.9% | 2.9% | -6.2% | 0.7% | 6.6% | 10.6% | 9.6% | 10.6% | 11.9% | 11.1% | 16.0% |
| ROCE | 2.3% | 2.3% | -6.2% | 0.8% | 7.7% | 11.7% | 10.8% | 11.4% | 11.9% | 11.8% | 17.6% |
AAP Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Advance Auto Parts, Inc. carries a Debt/EBITDA ratio of 12.1x, which is highly leveraged (153% above the sector average of 4.8x). Net debt stands at $2.1B ($5.2B total debt minus $3.1B cash). Interest coverage of just 0.3x is concerning — the company has limited headroom to absorb earnings volatility before struggling with debt service.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 2.38 | 2.38 | 1.70 | 1.52 | 1.40 | 1.08 | 0.86 | 0.78 | 0.29 | 0.31 | 0.36 |
| Debt / EBITDA | 12.06 | 12.06 | — | 11.81 | 4.72 | 3.12 | 3.05 | 3.02 | 1.24 | 1.27 | 1.00 |
| Net Debt / Equity | — | 0.96 | 0.84 | 1.32 | 1.30 | 0.89 | 0.62 | 0.66 | 0.04 | 0.15 | 0.31 |
| Net Debt / EBITDA | 4.85 | 4.85 | — | 10.30 | 4.37 | 2.56 | 2.21 | 2.56 | 0.18 | 0.61 | 0.87 |
| Debt / FCF | — | — | — | 54.10 | 10.06 | 3.39 | 3.15 | 5.93 | 0.24 | 1.21 | 3.44 |
| Interest Coverage | 0.35 | 0.35 | -8.48 | 0.47 | 10.05 | 21.71 | 14.89 | 16.98 | 10.81 | 9.85 | 13.33 |
AAP Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.75x means Advance Auto Parts, Inc. can comfortably meet its short-term obligations, though there is limited excess liquidity. The quick ratio of 0.87x is notably lower than the current ratio, indicating a significant portion of current assets is tied up in inventory. The current ratio has improved from 1.20x to 1.75x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.75 | 1.75 | 1.32 | 1.20 | 1.11 | 1.21 | 1.32 | 1.27 | 1.57 | 1.56 | 1.41 |
| Quick Ratio | 0.87 | 0.87 | 0.54 | 0.47 | 0.21 | 0.31 | 0.37 | 0.28 | 0.44 | 0.36 | 0.23 |
| Cash Ratio | 0.75 | 0.75 | 0.40 | 0.09 | 0.05 | 0.12 | 0.18 | 0.09 | 0.23 | 0.16 | 0.04 |
| Asset Turnover | — | 0.73 | 0.84 | 0.75 | 0.76 | 0.90 | 0.85 | 0.86 | 1.06 | 1.11 | 1.15 |
| Inventory Turnover | 1.34 | 1.34 | 1.57 | 1.37 | 1.00 | 1.30 | 1.24 | 1.23 | 1.23 | 1.27 | 1.23 |
| Days Sales Outstanding | — | 16.13 | 21.83 | 24.16 | 27.29 | 25.98 | 27.09 | 25.92 | 23.81 | 23.61 | 24.46 |
AAP Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Advance Auto Parts, Inc. returns 1.6% to shareholders annually primarily through dividends. The payout ratio exceeds 100% at 136.4%, meaning the company is paying out more than it earns — this level is unsustainable long-term without earnings recovery. The earnings yield of 1.2% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 1.6% | 2.5% | 2.3% | 5.8% | 3.8% | 1.0% | 0.5% | 0.2% | 0.2% | 0.2% | 0.1% |
| Payout Ratio | 136.4% | 136.4% | — | 697.6% | 72.4% | 27.0% | 11.4% | 3.5% | 4.2% | 3.8% | 3.9% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 1.2% | 1.9% | — | 0.8% | 5.2% | 4.0% | 4.5% | 4.3% | 3.6% | 6.4% | 3.7% |
| FCF Yield | — | — | — | 1.7% | 3.8% | 5.3% | 6.5% | 3.5% | 5.3% | 5.6% | 2.1% |
| Buyback Yield | 0.0% | 0.0% | 0.2% | 0.4% | 6.9% | 5.9% | 4.3% | 4.4% | 2.4% | 0.1% | 0.1% |
| Total Shareholder Yield | 1.6% | 2.5% | 2.5% | 6.2% | 10.7% | 6.9% | 4.8% | 4.5% | 2.6% | 0.3% | 0.3% |
| Shares Outstanding | — | $61M | $60M | $60M | $61M | $65M | $69M | $71M | $74M | $74M | $74M |
Peer Comparison
Compare AAP with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 AAPYou | $4B | 82.3 | 13.2 | — | 43.4% | 1.9% | 2.0% | 2.9% | 12.1 |
 AZO | $50B | 21.2 | 14.7 | 28.0 | 52.6% | 19.1% | — | 34.0% | 2.9 |
 ORLY | $73B | 29.2 | 20.4 | 45.6 | 51.6% | 19.5% | — | 37.2% | 2.1 |
 GPC | $15B | 231.3 | 13.1 | 35.9 | 34.6% | 5.0% | 1.5% | 8.3% | 4.7 |
 PRTS | $51M | -0.8 | — | — | 29.0% | -8.3% | -72.8% | -39.3% | — |
 LKQ | $7B | 11.0 | 7.6 | 7.8 | 38.0% | 7.8% | 9.6% | 7.2% | 3.4 |
 MNRO | $467M | 565.5 | 12.2 | 12.0 | 35.0% | 1.3% | 0.4% | 1.1% | 6.3 |
 DRVN | $2B | 14.9 | 14.9 | 19.4 | 45.0% | 12.4% | 20.4% | 4.5% | 8.5 |
 TEN | $1B | 8.6 | 6.8 | — | 35.3% | 30.0% | 8.9% | 5.4% | 4.7 |
 BWA | $15B | 56.1 | 8.2 | 12.6 | 18.7% | 9.2% | 4.9% | 12.9% | 2.0 |
 ALV | $9B | 12.4 | 7.1 | 12.4 | 19.2% | 10.1% | 30.3% | 19.4% | 1.6 |
| Consumer Cyclical Median | — | 21.2 | 12.2 | 15.6 | 36.2% | 2.0% | 5.3% | 5.2% | 4.8 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 28 years · Updated daily
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AAP — Frequently Asked Questions
Quick answers to the most common questions about buying AAP stock.
What is Advance Auto Parts, Inc.'s P/E ratio?
Advance Auto Parts, Inc.'s current P/E ratio is 82.3x. The historical average is 30.2x. This places it at the 92th percentile of its historical range.
What is Advance Auto Parts, Inc.'s EV/EBITDA?
Advance Auto Parts, Inc.'s current EV/EBITDA is 13.2x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 10.9x.
What is Advance Auto Parts, Inc.'s ROE?
Advance Auto Parts, Inc.'s return on equity (ROE) is 2.0%. The historical average is 16.8%.
Is AAP stock overvalued?
Based on historical data, Advance Auto Parts, Inc. is trading at a P/E of 82.3x. This is at the 92th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is Advance Auto Parts, Inc.'s dividend yield?
Advance Auto Parts, Inc.'s current dividend yield is 1.65% with a payout ratio of 136.4%.
What are Advance Auto Parts, Inc.'s profit margins?
Advance Auto Parts, Inc. has 43.4% gross margin and 1.9% operating margin.
How much debt does Advance Auto Parts, Inc. have?
Advance Auto Parts, Inc.'s Debt/EBITDA ratio is 12.1x, indicating high leverage. A ratio above 4x may signal elevated financial risk.