O'Reilly Automotive, Inc. (ORLY) Balance Sheet
ORLY balance sheet, 2025
December 31, 2025 · U.S. dollars$16.54B assets = $17.30B liabilities + −$763.4M equity
Liabilities exceed assets: shareholders’ equity is negative (−$763.4M).
Both columns are drawn to the same scale: what ORLY owns equals what it owes plus shareholders’ equity. Hover a block for its value.
ORLY financial health
Descriptive bands, not a rating. Fiscal 2025.
ORLY balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $7.20B2016 | $16.54B2025 | +9.7%/yr | |
| Total liabilities | $5.58B2016 | $17.30B2025 | +13.4%/yr | |
| Shareholders’ equity | $1.63B2016 | −$763.4M2025 | — | |
| Cash & short-term investments | $146.6M2016 | $193.8M2025 | +3.1%/yr | |
| Total debt | $1.89B2016 | $8.49B2025 | +18.2%/yr | |
| Net cash (debt) | −$1.74B2016 | −$8.30B2025 | −$6.6B | |
| Working capital | −$142.7M2016 | −$2.03B2025 | −$1.9B | |
| Book value per share | $1.682016 | −$0.892025 | — | |
| Current ratio | 0.962016 | 0.772025 | −0.19 | |
| Debt / equity | 1.162016 | 43.952020 | +42.79 | |
| Shares outstanding | 967.2M2016 | 855.9M2025 | −1.3%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
ORLY assets
ORLY liabilities and equity
ORLY debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
ORLY balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $193.8M | $130.2M | $279.1M | $108.6M | $362.1M | $465.6M | $40.4M | $31.3M | $46.3M | $146.6M |
| Cash & equivalents | $193.8M | $130.2M | $279.1M | $108.6M | $362.1M | $465.6M | $40.4M | $31.3M | $46.3M | $146.6M |
| Short-term investments | — | — | — | — | — | — | — | — | $0 | $0 |
| Receivables | $549.7M | $495.9M | $515.5M | $470.2M | $385.7M | $330.3M | $294.4M | $270.2M | $292.5M | $279.4M |
| Inventory | $5.73B | $5.10B | $4.66B | $4.36B | $3.69B | $3.65B | $3.45B | $3.19B | $3.01B | $2.78B |
| Other current assets | $269.4M | $117.9M | $105.3M | $110.4M | $70.1M | $50.7M | $44.8M | $48.3M | $49.0M | $53.0M |
| Total current assets | $6.74B | $5.84B | $5.56B | $5.05B | $4.50B | $4.50B | $3.83B | $3.54B | $3.40B | $3.26B |
| Property, plant & equipment (net) | $8.65B | $7.93B | $7.24B | $6.54B | $6.20B | $6.09B | $5.88B | $3.59B | $3.34B | $3.12B |
| Goodwill & intangible assets | $1.02B | $998.1M | $947.5M | $930.7M | $928.5M | $937.3M | $938.6M | $815.7M | $798.5M | $796.7M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $32.2M | $25.5M | $25.7M | $20.5M |
| Other non-current assets | $125.5M | $126.0M | $129.7M | $112.7M | $89.9M | $69.5M | $36.1M | $9.5M | $6.3M | $5.6M |
| Total assets | $16.54B | $14.89B | $13.87B | $12.63B | $11.72B | $11.60B | $10.72B | $7.98B | $7.57B | $7.20B |
| Liabilities | ||||||||||
| Accounts payable | $7.10B | $6.52B | $6.09B | $5.88B | $4.70B | $4.18B | $3.60B | $3.38B | $3.19B | $2.94B |
| Short-term debt | $439.9M | $419.2M | $389.5M | $366.7M | $337.8M | $322.8M | $316.1M | — | $2.98B | $1.89B |
| Deferred revenue | — | — | $7.9M | $175.2M | $471.3M | $457.6M | $278.4M | — | — | — |
| Total current liabilities | $8.78B | $8.28B | $7.66B | $7.06B | $5.87B | $5.26B | $4.47B | $3.89B | $3.65B | $3.40B |
| Long-term debt | $6.02B | $5.52B | $5.57B | $4.37B | $3.83B | $4.12B | $3.89B | $3.42B | $2.98B | $1.89B |
| Lease obligations | $2.47B | $2.40B | $2.27B | $2.17B | $2.04B | $2.04B | $1.97B | — | — | — |
| Other long-term liabilities | $2.51B | $2.46B | $2.38B | $2.25B | $2.08B | $2.07B | $1.96B | $316.0M | $293.1M | $289.4M |
| Total liabilities | $17.30B | $16.26B | $15.61B | $13.69B | $11.79B | $11.46B | $10.32B | $7.63B | $6.92B | $5.58B |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $8.4M | $575,000 | $591,000 | $624,000 | $670,000 | $711,000 | $756,000 | $790,000 | $843,000 | $929,000 |
| Retained earnings (deficit) | −$2.33B | −$2.79B | −$3.13B | −$2.38B | −$1.37B | −$1.14B | −$889.1M | −$909.2M | −$612.8M | $289.5M |
| Treasury stock | — | — | — | — | — | — | — | — | $0 | $0 |
| Accumulated other comprehensive income | $26.8M | −$42.8M | $39.4M | $3.0M | −$6.8M | −$2.2M | $4.9M | −$2.06B | −$1.85B | −$1.71B |
| Minority interest | — | — | — | — | — | — | — | — | $0 | $0 |
| Total shareholders' equity | −$763.4M | −$1.37B | −$1.74B | −$1.06B | −$66.4M | $140.3M | $397.3M | $353.7M | $653.0M | $1.63B |
| Key figures | ||||||||||
| Total debt | $8.49B | $7.92B | $7.84B | $6.55B | $5.87B | $6.16B | $5.86B | $3.42B | $2.98B | $1.89B |
| Net cash (debt) | −$8.30B | −$7.79B | −$7.56B | −$6.44B | −$5.50B | −$5.70B | −$5.82B | −$3.39B | −$2.93B | −$1.74B |
| Working capital | −$2.03B | −$2.44B | −$2.10B | −$2.02B | −$1.37B | −$762.6M | −$635.8M | −$350.9M | −$249.7M | −$142.7M |
| Tangible book value | −$1.78B | −$2.37B | −$2.69B | −$1.99B | −$995.0M | −$797.1M | −$541.3M | −$462.0M | −$145.4M | $830.4M |
| Book value per share | −$0.89 | −$1.63 | −$2.00 | −$1.14 | −$0.07 | $0.13 | $0.36 | $0.30 | $0.73 | $1.68 |
| Shares outstanding | 855.9M | 838.6M | 871.4M | 928.0M | 994.4M | 1.06B | 1.11B | 1.18B | 895.0M | 967.2M |
| Current ratio | 0.77 | 0.71 | 0.73 | 0.71 | 0.77 | 0.86 | 0.86 | 0.91 | 0.93 | 0.96 |
| Quick ratio | 0.08 | 0.08 | 0.10 | 0.08 | 0.13 | 0.15 | 0.07 | 0.08 | 0.09 | 0.13 |
| Debt / equity | — | — | — | — | — | 43.95 | 14.75 | 9.66 | 4.56 | 1.16 |
| Equity / assets | −4.6% | −9.2% | −12.5% | −8.4% | −0.6% | 1.2% | 3.7% | 4.4% | 8.6% | 22.6% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $262.2M | $252.6M | $193.8M | $204.5M | $198.6M | $191.2M | $130.2M | $115.6M | $145.0M | $89.3M | $279.1M | $82.7M |
| Cash & equivalents | $262.2M | $252.6M | $193.8M | $204.5M | $198.6M | $191.2M | $130.2M | $115.6M | $145.0M | $89.3M | $279.1M | $82.7M |
| Receivables | $457.8M | $596.2M | $549.7M | $601.0M | $552.1M | $522.1M | $495.9M | $556.2M | $619.9M | $577.1M | $515.5M | $556.4M |
| Inventory | $5.97B | $5.81B | $5.73B | $5.61B | $5.40B | $5.17B | $5.10B | $4.91B | $4.79B | $4.81B | $4.66B | $4.63B |
| Other current assets | $507.8M | $308.4M | $269.4M | $181.3M | $165.5M | $143.7M | $117.9M | $113.2M | $125.9M | $128.2M | $105.3M | $107.2M |
| Total current assets | $7.20B | $6.97B | $6.74B | $6.60B | $6.32B | $6.03B | $5.84B | $5.70B | $5.68B | $5.60B | $5.56B | $5.38B |
| Property, plant & equipment (net) | $6.55B | $8.83B | $8.65B | $8.54B | $8.36B | $8.14B | $7.93B | $7.71B | $7.54B | $7.42B | $7.24B | $7.10B |
| Goodwill & intangible assets | $955.2M | $953.0M | $1.02B | $945.6M | $943.3M | $933.1M | $998.1M | $997.2M | $1.00B | $1.01B | $947.5M | $895.4M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $2.68B | $191.4M | $125.5M | $198.7M | $202.4M | $191.4M | $126.0M | $175.7M | $177.6M | $180.5M | $129.7M | $176.7M |
| Total assets | $17.39B | $16.94B | $16.54B | $16.28B | $15.82B | $15.29B | $14.89B | $14.58B | $14.39B | $14.21B | $13.87B | $13.55B |
| Liabilities | ||||||||||||
| Accounts payable | $7.38B | $7.24B | $7.10B | $7.06B | $6.86B | $6.54B | $6.52B | $6.36B | $6.23B | $6.12B | $6.09B | $6.20B |
| Short-term debt | $452.3M | $445.4M | $439.9M | $436.7M | $434.2M | $425.3M | $419.2M | $408.6M | $401.7M | $399.2M | $389.5M | $385.9M |
| Deferred revenue | — | — | — | — | — | — | — | — | $89.3M | $147.6M | $7.9M | $325.7M |
| Total current liabilities | $9.57B | $9.22B | $8.78B | $8.71B | $8.72B | $8.51B | $8.28B | $8.19B | $8.12B | $7.89B | $7.66B | $7.83B |
| Long-term debt | $7.01B | $6.20B | $6.02B | $5.92B | $5.82B | $5.65B | $5.52B | $5.36B | $5.40B | $5.29B | $5.57B | $5.10B |
| Lease obligations | $2.57B | $2.54B | $2.47B | $2.49B | $2.49B | $2.45B | $2.40B | $2.35B | $2.31B | $2.30B | $2.27B | $2.28B |
| Other long-term liabilities | $2.64B | $2.58B | $2.51B | $2.55B | $2.51B | $2.49B | $2.46B | $2.47B | $2.46B | $2.43B | $2.38B | $2.38B |
| Total liabilities | $19.22B | $18.00B | $17.30B | $17.17B | $17.05B | $16.65B | $16.26B | $16.02B | $15.98B | $15.60B | $15.61B | $15.31B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $8.2M | $8.3M | $8.4M | $8.5M | $8.5M | $571,000 | $575,000 | $578,000 | $582,000 | $590,000 | $591,000 | $596,000 |
| Retained earnings (deficit) | −$3.42B | −$2.64B | −$2.33B | −$2.44B | −$2.75B | −$2.81B | −$2.79B | −$2.88B | −$3.01B | −$2.85B | −$3.13B | −$3.13B |
| Accumulated other comprehensive income | $35.6M | $25.3M | $26.8M | $15.6M | $8.6M | −$36.8M | −$42.8M | −$13.1M | $8.9M | $46.6M | $39.4M | $30.3M |
| Total shareholders' equity | −$1.84B | −$1.07B | −$763.4M | −$894.7M | −$1.23B | −$1.36B | −$1.37B | −$1.44B | −$1.58B | −$1.39B | −$1.74B | −$1.76B |
| Key figures | ||||||||||||
| Total debt | $9.59B | $8.73B | $8.49B | $8.40B | $8.31B | $8.10B | $7.92B | $7.71B | $7.71B | $7.59B | $7.84B | $7.38B |
| Net cash (debt) | −$9.33B | −$8.48B | −$8.30B | −$8.20B | −$8.11B | −$7.91B | −$7.79B | −$7.59B | −$7.57B | −$7.50B | −$7.56B | −$7.30B |
| Working capital | −$2.38B | −$2.26B | −$2.03B | −$2.11B | −$2.41B | −$2.48B | −$2.44B | −$2.49B | −$2.44B | −$2.29B | −$2.10B | −$2.45B |
| Tangible book value | −$2.79B | −$2.02B | −$1.78B | −$1.84B | −$2.18B | −$2.29B | −$2.37B | −$2.44B | −$2.58B | −$2.40B | −$2.69B | −$2.66B |
| Book value per share | −$2.21 | −$1.27 | −$0.90 | −$1.05 | −$1.43 | −$1.57 | −$1.63 | −$1.71 | −$1.88 | −$1.64 | −$2.04 | −$2.03 |
| Shares outstanding | 828.9M | 842.5M | 848.4M | 852.7M | 861.4M | 864.3M | 838.6M | 841.1M | 843.5M | 849.3M | 852.5M | 865.6M |
| Current ratio | 0.75 | 0.76 | 0.77 | 0.76 | 0.72 | 0.71 | 0.71 | 0.70 | 0.70 | 0.71 | 0.73 | 0.69 |
| Quick ratio | 0.08 | 0.09 | 0.08 | 0.09 | 0.09 | 0.08 | 0.08 | 0.08 | 0.09 | 0.08 | 0.10 | 0.08 |
| Equity / assets | −10.6% | −6.3% | −4.6% | −5.5% | −7.8% | −8.9% | −9.2% | −9.9% | −11.0% | −9.8% | −12.5% | −13.0% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed February 27, 2026); data from EODHD.
ORLY financial position
At the end of fiscal 2025 (December 31, 2025), O'Reilly Automotive had total assets of $16.5 billion (up 11.0% from a year earlier), total liabilities of $17.3 billion and shareholders' equity of -$763.4 million. It held $193.8 million in cash and short-term investments against $8.5 billion of debt, net debt of $8.3 billion. Its current ratio was 0.77. In the latest quarter (ended June 30, 2026) total assets were $17.4 billion and equity -$1.8 billion.
Related: ORLY income statement, ORLY cash flow statement, ORLY key metrics. See the ORLY stock overview for the latest quote and news.
ORLY balance sheet FAQ
What are O'Reilly Automotive's total assets?
O'Reilly Automotive reported total assets of $16.5 billion at the end of fiscal 2025 (December 31, 2025), compared with $14.9 billion a year earlier.
How much debt does O'Reilly Automotive have?
O'Reilly Automotive had $8.5 billion of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was —.
How much cash does O'Reilly Automotive have?
O'Reilly Automotive held $193.8 million in cash and short-term investments at the end of fiscal 2025; with $8.5 billion of debt that is net debt of $8.3 billion.
What is O'Reilly Automotive's book value?
O'Reilly Automotive's shareholders' equity (book value) was -$763.4 million at the end of fiscal 2025, or −$0.89 per share.
What is O'Reilly Automotive's current ratio?
O'Reilly Automotive had current assets of $6.7 billion and current liabilities of $8.8 billion, a current ratio of 0.77 (current liabilities exceed current assets).
How much goodwill does O'Reilly Automotive have?
O'Reilly Automotive carried $1.0 billion of goodwill and intangible assets, 6.2% of total assets, at the end of fiscal 2025.