15 years of revenue, profit, cash flow and balance-sheet history through FY2026,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has declined 3.2% per year over the past 5 years.
Net income has grown slower than revenue (-38.3% vs -3.2% per year).
Operating margin has contracted, at -0.5% in the latest year.
Financial health
Total debt ($3.4B) exceeds cash ($3.1B); net debt is $289M.
Total debt has grown faster than revenue (27.0% vs -3.2% per year).
Total debt is 15× EBITDA.
Shareholder returns
Dividends have been paid for 15 consecutive years, consuming 136.4% of earnings.
The dividend has grown 1.3% per year over the past 5 years.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2026
$8.6B
$44M
43.4%
-0.5%
-$298M
$3.4B
$3.1B
2024
$9.1B
-$336M
37.5%
-7.8%
-$96M
$1.8B
$1.9B
2023
$9.2B
$30M
41.9%
0.4%
$61M
$1.8B
$488M
2022
$9.1B
$464M
46.3%
5.7%
$338M
$1.4B
$271M
2022
$11.0B
$597M
44.8%
7.5%
$817M
$1.0B
$588M
2021
$10.1B
$493M
44.3%
7.4%
$702M
$1.0B
$835M
2019
$9.7B
$487M
43.8%
7.0%
$597M
$747M
$419M
2018
$9.6B
$424M
44.0%
6.3%
$617M
$1.0B
$897M
2017
$9.4B
$476M
43.6%
6.1%
$411M
$1.0B
$547M
2016
$9.6B
$460M
44.5%
8.2%
$264M
$1.0B
$135M
2016
—
$473M
—
—
$468M
$1.2B
$91M
2015
—
$494M
—
—
$481M
$1.6B
$105M
2013
—
$392M
—
—
$349M
$1.1B
$1.1B
2012
—
$388M
—
—
$414M
$605M
$598M
2011
—
$395M
—
—
$561M
$416M
$58M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Apr '26
$2.6B
$24M
45.1%
2.6%
-$75M
$3.4B
$3.0B
Oct '25
$2.0B
-$1M
43.3%
1.1%
-$76M
$3.4B
$3.2B
Jul '25
$2.0B
$15M
43.5%
1.1%
-$3M
$1.8B
$1.7B
Apr '25
$2.6B
$24M
42.9%
-5.1%
-$198M
$1.8B
$1.7B
Dec '24
$2.0B
-$415M
17.4%
-41.1%
-$124M
$1.8B
$1.9B
Oct '24
$2.1B
-$6M
42.3%
0.0%
$27M
$1.8B
$464M
Jul '24
$2.2B
$45M
43.6%
2.5%
$44M
$1.8B
$479M
Apr '24
$2.8B
$40M
43.4%
1.9%
-$43M
$1.8B
$451M
Dec '23
$2.0B
-$35M
40.7%
-2.1%
$207M
$1.8B
$488M
Oct '23
$2.2B
-$62M
36.9%
-3.5%
$167M
$1.8B
$317M
Jul '23
$2.7B
$79M
42.5%
4.7%
$161M
$1.9B
$275M
Apr '23
$3.4B
$48M
42.8%
2.9%
-$473M
$1.9B
$224M
Dec '22
$2.5B
$86M
43.5%
4.8%
$163M
$1.4B
$271M
Oct '22
$2.6B
$116M
44.6%
6.5%
$52M
$1.4B
$191M
Jul '22
$2.7B
$144M
44.5%
7.6%
$267M
$1.2B
$241M
Apr '22
$3.4B
$140M
44.6%
6.0%
-$170M
$1.2B
$139M
Jan '22
$2.4B
$82M
44.7%
4.7%
$89M
$1.0B
$588M
Oct '21
$2.6B
$170M
45.1%
8.7%
$87M
$1.0B
$605M
Jul '21
$2.6B
$179M
44.9%
9.2%
$388M
$1.0B
$809M
Apr '21
$3.3B
$186M
44.6%
7.6%
$259M
$1.0B
$880M
Valuation over time
How the market has priced AAP against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has risen from 15.8× (Mar '23) to 81.1× (Jun '26).
The price-to-sales ratio has fallen from 0.8× (Mar '23) to 0.4× (Jun '26).
The dividend yield has fallen from 4.6% (Mar '23) to 1.7% (Jun '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Dividend yield (%)
Dividend yield %
Frequently asked questions
Is AAP growing its revenue and profit?
Over the past 5 years, Advance Auto Parts Inc's revenue has declined 3.2% per year, and net income declined 38.3% per year. These are computed facts, not advice.
How much debt does AAP have?
As of FY2026, Advance Auto Parts Inc reported $3.4B of total debt against $3.1B of cash.
What is AAP's profit margin?
In FY2026, gross margin was 43.4%, operating margin -0.5%, and net margin 0.5%.
What is AAP's P/E ratio?
As of Jun '26, Advance Auto Parts Inc traded at a price-to-earnings ratio of about 81.1× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.