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 April 23, 2022, it operated 4,687 stores and 311 branches in the United States, Puerto Rico, the U.S. Virgin Islands, and Canada; and served 1,318 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.
Company profile
Ticker
AAP
Exchange
Website
CEO
Mr. Shane M. O'Kelly
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
ONCONOVA THERAPEUTICS INC, Onconova Therapeutics, Inc.
SEC CIK
Corporate docs
Subsidiaries
Advance Stores Company, Incorporated • Advance Trucking Corporation • Western Auto Supply Company • Western Auto of St. Thomas, Inc. • Western Auto of Puerto Rico, Inc. • Discount Auto Parts, LLC • Advance Auto Innovations, LLC • Advance Patriot, Inc. • Autopart International, LLC • Advance Auto Business Support, LLC ...
IRS number
542049910
AAP stock data
Analyst ratings and price targets
Latest filings (excl ownership)
8-K
Departure of Directors or Certain Officers
17 Sep 24
8-K
Advance Auto Parts Announces Sale of Worldpac to Carlyle for $1.5 Billion
22 Aug 24
10-Q
2024 Q2
Quarterly report
22 Aug 24
8-K
Advance Auto Parts Reports Second Quarter 2024 Results
22 Aug 24
8-K
Other Events
14 Jun 24
10-Q
2024 Q1
Quarterly report
29 May 24
10-K/A
2023 FY
Annual report (amended)
29 May 24
8-K
Submission of Matters to a Vote of Security Holders
29 May 24
8-K/A
Results of Operations and Financial Condition
29 May 24
8-K
Advance Auto Parts Reports First Quarter 2024 Results
29 May 24
Transcripts
AAP
Earnings call transcript
2024 Q2
22 Aug 24
AAP
Earnings call transcript
2024 Q1
29 May 24
AAP
Earnings call transcript
2023 Q4
28 Feb 24
AAP
Earnings call transcript
2023 Q3
15 Nov 23
AAP
Earnings call transcript
2023 Q2
23 Aug 23
AAP
Earnings call transcript
2023 Q2
23 Aug 23
AAP
Earnings call transcript
2023 Q1
31 May 23
AAP
Earnings call transcript
2022 Q4
28 Feb 23
AAP
Earnings call transcript
2022 Q3
16 Nov 22
AAP
Earnings call transcript
2022 Q2
24 Aug 22
Latest ownership filings
Financial summary
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Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Jan 22 | Jan 21 | |
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Revenue | |||||
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 479.42 mm | 479.42 mm | 479.42 mm | 479.42 mm | 479.42 mm | 479.42 mm |
Cash burn (monthly) | (no burn) | (no burn) | (no burn) | (no burn) | 10.43 mm | 268.17 mm |
Cash used (since last report) | n/a | n/a | n/a | n/a | 24.97 mm | 641.77 mm |
Cash remaining | n/a | n/a | n/a | n/a | 454.45 mm | -162.35 mm |
Runway (months of cash) | n/a | n/a | n/a | n/a | 43.6 | -0.6 |
Institutional ownership, Q2 2024
13F holders | Current |
---|---|
Total holders | 401 |
Opened positions | 66 |
Closed positions | 67 |
Increased positions | 125 |
Reduced positions | 130 |
13F shares | Current |
---|---|
Total value | 3.56 tn |
Total shares | 68.70 mm |
Total puts | 2.54 mm |
Total calls | 4.96 mm |
Total put/call ratio | 0.5 |
Largest owners | Shares | Value |
---|---|---|
BLK BlackRock | 7.43 mm | $470.77 bn |
Vanguard | 6.73 mm | $426.46 bn |
T. Rowe Price | 4.50 mm | $285.21 mm |
FMR | 4.20 mm | $266.28 bn |
D. E. Shaw & Co | 3.80 mm | $232.36 mm |
STT State Street | 2.29 mm | $145.17 bn |
Capital World Investors | 2.19 mm | $138.85 bn |
T. Rowe Price Investment Management | 1.98 mm | $125.42 mm |
Fuller & Thaler Asset Management | 1.61 mm | $102.24 bn |
Third Point | 1.50 mm | $94.62 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
18 Sep 24 | Shane M OKelly | Common Stock | Payment of exercise | Dispose F | No | No | 42.07 | 11,779 | 495.54 k | 87,636 |
26 Jul 24 | Brent Windom | Common Stock | Grant | Acquire A | No | No | 60.76 | 12.146 | 737.99 | 2,964.147 |
26 Jul 24 | Sherice Torres | Common Stock | Grant | Acquire A | No | No | 60.76 | 26.401 | 1.60 k | 6,442.901 |
26 Jul 24 | Gregory L Smith | Common Stock | Grant | Acquire A | No | No | 60.76 | 12.146 | 737.99 | 2,964.147 |
26 Jul 24 | Thomas W Seboldt | Common Stock | Grant | Acquire A | No | No | 60.76 | 12.146 | 737.99 | 5,964.147 |
News
How Is The Market Feeling About Advance Auto Parts?
16 Sep 24
Wells Fargo Maintains Equal-Weight on Advance Auto Parts, Lowers Price Target to $40
13 Sep 24
Advance Auto Parts Stock: A Deep Dive Into Analyst Perspectives (12 Ratings)
12 Sep 24
Exact Sciences To Rally Around 33%? Here Are 10 Top Analyst Forecasts For Thursday
12 Sep 24
Mizuho Maintains Neutral on Advance Auto Parts, Lowers Price Target to $38
12 Sep 24