Advance Auto Parts, Inc. (AAP) stock — is it a good business?

Advance Auto Parts, Inc. (AAP) stock — is it a good business? — InspectStocks

Just reported

Q3 FY2027 results

From Advance Auto Parts's results release of November 5, 2026; its quarterly report has since been filed.

Revenue
Actual
$2.01B
-1.2% y/y
+0.6% q/q
Guided
—
No guide given
EPS, GAAP
Actual
$0.25
-72% q/q
Guided
—
No guide given
EPS, adjusted: $0.79
Operating income, GAAP
Actual
$47M
+114% y/y
-53% q/q
Guided
—
No guide given
Operating income, adjusted: $91M

Set against the company's own guidance and the same quarter a year earlier, not analysts' estimates, which we do not hold. Adjusted figures are the company's own non-GAAP measures, as stated in the release.

How it makes money

Sales of auto parts and supplies in the United States97%
Sales of auto parts and supplies in Canada3%

Shares of revenue are estimates for year ended 2025-12-31, not figures from a filing.

Competes with

What it sells6

Replacement parts
Parts such as brakes, filters, belts, hoses, engine components, steering parts, starters and alternators used to repair cars and trucks.
Batteries
Vehicle batteries and related accessories.
Maintenance fluids and chemicals
Motor oil, antifreeze, transmission fluid, cleaners, lubricants, sealants and other products used to maintain vehicles.

Show 3 more

Accessories
Items such as floor mats, seat covers, lighting, mirrors and wiper blades.
Tools
Hand and specialty tools for vehicle maintenance and repair.
Owned-brand auto products
Parts and vehicle-care goods sold under company-owned brands including Carquest, DieHard, Driveworks, Wearever and ARGOS.

Who buys it3

Professional customers, including garages, service stations and auto dealerships, order in stores, by phone or electronically and receive deliveries at their businesses.
Drivers buying parts for their own vehicles shop in stores or order online for pickup or shipment.
Independently owned Carquest store operators receive merchandise shipments from the company.

What it stands on, and what could break it

What the business leans on

1The business depends on suppliers providing vehicle parts and products that meet safety and quality requirements at prices customers will pay.
2Stores and repair-shop deliveries depend on distribution centers, hubs, freight carriers and other parts of the supply chain moving inventory on time.
3The business depends on attracting and retaining store, distribution-center and corporate employees to sell, stock and deliver merchandise.
4Sales can be affected by how much people drive, vehicle repair needs, weather, consumer spending and changes in vehicle technology.

What could go wrong

1Changes to the store and distribution network could interrupt product availability or deliveries while the company carries out restructuring and supply-chain changes.
2Supplier, freight and global trade disruptions—including changing tariffs and geopolitical events—could raise product costs or make merchandise harder to obtain.
3The company could lose sales if customers shift to competitors or other ways of buying parts, if demand for repairs declines, or if changes in vehicle technology reduce demand for products it sells.

Full financial statements →

About Advance Auto Parts, Inc.

The company sells parts and supplies for domestic and imported cars and trucks through its stores and online. It delivers orders to repair shops and serves drivers who shop in stores or order online for pickup or delivery. Independently owned stores also operate under the Carquest name and receive shipments from the company.

Head office: Raleigh, North Carolina
Founded: 1929
Employees: Approximately 54,007 (January 3, 2026, high)
Listed on: NYSE
Financial year ends: The Saturday closest to December 31

Built from Advance Auto Parts, Inc.’s own filings with the U.S. Securities and Exchange Commission (SEC). Figures are as reported, with per-share history restated onto today’s share basis. This describes a business — it is not investment advice and not a recommendation to buy or sell anything.

Just reported

Q3 FY2027 results

From Advance Auto Parts's results release of November 5, 2026; its quarterly report has since been filed.

Revenue
Actual
$2.01B
-1.2% y/y
+0.6% q/q
Guided
—
No guide given
EPS, GAAP
Actual
$0.25
-72% q/q
Guided
—
No guide given
EPS, adjusted: $0.79
Operating income, GAAP
Actual
$47M
+114% y/y
-53% q/q
Guided
—
No guide given
Operating income, adjusted: $91M

Keep exploring

The themes Advance Auto Parts is part of, the highest-graded companies in its industry, and the companies in its sector whose grade rose recently.

The theme it is part of

Highest-graded in Auto Parts

Graded A or B and worth $2B or more: A first, then the largest.

All 55 graded companies in its industry

Grade rose recently in Consumer Discretionary

Rose to A or B on a filing in the last 90 days, worth $2B or more: largest first.

All grade rises