Advance Auto Parts, Inc. (AAP) Key Metrics
AAP valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $2.68B
- Enterprise value
- $4.57B
- P/E (TTM)
- 24.7 10-yr median 25.9
- Forward P/E
- 10.8
- PEG ratio
- 0.77
- Price / sales
- 0.3 10-yr median 1.0
- Price / book
- 1.1 10-yr median 3.1
- EV / EBITDA
- 7.7 10-yr median 14.0
- Dividend yield
- 2.25% $1.00 a year
- Beta
- 1.09
AAP key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsAAP valuation Price multiples at each fiscal year-end price.
AAP returns How much profit the business earns on the capital it uses.
AAP per-share figures Results divided by the shares outstanding at year-end.
AAP financial health Debt, liquidity and how easily interest is covered.
AAP efficiency & capital use Working capital cycle and where the cash goes.
AAP valuation history
AAP returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
AAP debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
AAP cash returned to shareholders
AAP price vs earnings per share
AAP key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $2.38B | $2.82B | $3.64B | $8.93B | $15.47B | $10.87B | $11.40B | $11.65B | $7.39B | $12.49B |
| Enterprise value | $4.48B | $4.64B | $6.98B | $12.31B | $18.24B | $13.08B | $13.74B | $11.80B | $7.89B | $13.40B |
| P/E ratio | 54.1 | — | 121.3 | 19.2 | 25.9 | 22.0 | 23.4 | 27.5 | 15.5 | 27.2 |
| Price / sales | 0.3 | 0.3 | 0.4 | 1.0 | 1.4 | 1.1 | 1.2 | 1.2 | 0.8 | 1.3 |
| Price / book | 1.1 | 1.3 | 1.4 | 3.4 | 4.9 | 3.1 | 3.2 | 3.3 | 2.2 | 4.3 |
| Price / free cash flow | — | — | 59.0 | 30.1 | 18.8 | 15.5 | 28.8 | 18.9 | 18.0 | 47.4 |
| Price / operating cash flow | — | 33.3 | 12.7 | 12.4 | 13.9 | 11.2 | 13.1 | 14.4 | 12.3 | 23.9 |
| EV / sales | 0.5 | 0.5 | 0.8 | 1.3 | 1.7 | 1.3 | 1.4 | 1.2 | 0.8 | 1.4 |
| EV / EBITDA | 14.0 | — | 22.5 | 16.2 | 16.9 | 13.8 | 15.0 | 13.9 | 9.5 | 12.7 |
| EV / free cash flow | — | — | 113.1 | 41.5 | 22.2 | 18.6 | 34.8 | 19.1 | 19.2 | 50.8 |
| Earnings yield | 1.8% | −11.9% | 0.8% | 5.2% | 3.9% | 4.5% | 4.3% | 3.6% | 6.4% | 3.7% |
| Free cash flow yield | −12.5% | −3.4% | 1.7% | 3.3% | 5.3% | 6.5% | 3.5% | 5.3% | 5.6% | 2.1% |
| Dividend yield | 2.5% | 2.1% | 5.8% | 3.8% | 1.0% | 0.5% | 0.2% | 0.2% | 0.2% | 0.1% |
| Shareholder yield (dividends + buybacks) | 2.5% | 2.4% | 6.2% | 10.7% | 6.9% | 4.8% | 4.5% | 2.6% | 0.3% | 0.3% |
| Share price at fiscal year-end | $39.30 | $47.29 | $61.03 | $147.03 | $239.88 | $157.51 | $160.16 | $157.46 | $99.69 | $169.12 |
| Per share | ||||||||||
| Revenue per share | $141.93 | $152.46 | $154.49 | $150.68 | $170.49 | $146.46 | $136.43 | $129.48 | $126.48 | $129.55 |
| Earnings per share | $0.73 | −$5.63 | $0.50 | $7.65 | $9.25 | $7.14 | $6.84 | $5.73 | $6.42 | $6.22 |
| Operating cash flow per share | −$0.76 | $1.42 | $4.82 | $11.89 | $17.24 | $14.05 | $12.18 | $10.96 | $8.11 | $7.09 |
| Free cash flow per share | −$4.92 | −$1.61 | $1.04 | $4.88 | $12.75 | $10.17 | $5.55 | $8.34 | $5.55 | $3.57 |
| Cash per share | $51.53 | $31.33 | $8.19 | $4.46 | $9.32 | $12.10 | $5.88 | $12.12 | $7.38 | $1.83 |
| Book value per share | $36.27 | $36.38 | $42.27 | $42.81 | $48.49 | $51.58 | $49.87 | $47.99 | $46.08 | $39.48 |
| Tangible book value per share | $19.77 | $19.55 | $25.15 | $16.27 | $22.99 | $27.31 | $25.95 | $27.17 | $24.60 | $17.39 |
| Dividends per share | $0.99 | $1.00 | $3.51 | $5.54 | $2.49 | $0.82 | $0.24 | $0.24 | $0.24 | $0.24 |
| Capex per share | $4.16 | $3.03 | $3.79 | $7.02 | $4.49 | $3.88 | $6.63 | $2.62 | $2.56 | $3.51 |
| Debt per share | $86.20 | $61.80 | $64.19 | $60.14 | $52.27 | $44.16 | $38.85 | $14.14 | $14.10 | $14.13 |
| Shares outstanding | 60.6M | 59.6M | 59.6M | 60.7M | 64.5M | 69.0M | 71.2M | 74.0M | 74.1M | 73.9M |
| Change in shares outstanding | +1.6% | +0.1% | −1.8% | −5.9% | −6.5% | −3.0% | −3.8% | −0.2% | +0.3% | +0.2% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 2.0% | −14.3% | 1.2% | 16.2% | 17.8% | 13.9% | 13.7% | 12.2% | 15.0% | 17.1% |
| Return on invested capital (ROIC) | 3.1% | −6.5% | 0.7% | 6.9% | 10.7% | 9.7% | 10.8% | 12.1% | 13.5% | 13.2% |
| Return on assets (ROA) | 0.4% | −2.9% | 0.2% | 3.8% | 5.0% | 4.3% | 4.8% | 4.8% | 5.7% | 5.6% |
| Return on tangible assets | 0.4% | −3.4% | 0.3% | 4.5% | 5.7% | 4.9% | 5.1% | 5.7% | 6.9% | 6.9% |
| Free cash flow margin | −3.5% | −1.1% | 0.7% | 3.2% | 7.5% | 6.9% | 4.1% | 6.4% | 4.4% | 2.8% |
| Income quality (OCF / net income) | −1.05 | — | 9.58 | 1.56 | 1.86 | 1.97 | 1.78 | 1.91 | 1.26 | 1.14 |
| Financial health | ||||||||||
| Total debt | $5.22B | $3.69B | $3.83B | $3.65B | $3.37B | $3.05B | $2.76B | $1.05B | $1.04B | $1.04B |
| Cash & short-term investments | $3.12B | $1.87B | $488.0M | $270.8M | $601.4M | $835.0M | $418.7M | $896.5M | $546.9M | $135.2M |
| Net debt | $2.10B | $1.82B | $3.34B | $3.38B | $2.77B | $2.21B | $2.35B | $149.4M | $497.7M | $908.1M |
| Debt / equity | 2.38 | 1.70 | 1.52 | 1.40 | 1.08 | 0.86 | 0.78 | 0.29 | 0.31 | 0.36 |
| Debt / assets | 0.44 | 0.34 | 0.31 | 0.30 | 0.28 | 0.26 | 0.25 | 0.12 | 0.12 | 0.13 |
| Net debt / EBITDA | 6.57 | — | 10.77 | 4.45 | 2.56 | 2.33 | 2.56 | 0.18 | 0.60 | 0.86 |
| Current ratio | 1.75 | 1.32 | 1.20 | 1.11 | 1.21 | 1.32 | 1.27 | 1.57 | 1.56 | 1.41 |
| Quick ratio | 0.87 | 0.54 | 0.47 | 0.21 | 0.31 | 0.37 | 0.28 | 0.44 | 0.36 | 0.23 |
| Interest coverage | 1.2 | -5.0 | 0.6 | 10.3 | 21.8 | 16.0 | 17.0 | 10.7 | 9.7 | 13.1 |
| Working capital | $3.11B | $1.48B | $1.07B | $594.0M | $1.10B | $1.53B | $1.22B | $2.20B | $1.95B | $1.50B |
| Invested capital | $4.30B | $3.99B | $5.86B | $5.98B | $5.90B | $5.77B | $5.89B | $3.70B | $3.91B | $3.82B |
| Tangible asset value | $1.20B | $1.17B | $1.50B | $987.8M | $1.48B | $1.88B | $1.85B | $2.01B | $1.82B | $1.28B |
| Net current asset value | −$2.34B | −$2.48B | −$3.38B | −$3.37B | −$2.79B | −$2.01B | −$2.00B | $592.6M | $359.8M | −$226.1M |
| Graham number | $24.34 | — | $21.88 | $85.83 | $100.46 | $91.06 | $87.62 | $78.65 | $81.56 | $74.36 |
| Graham net-net per share | −$72.56 | −$76.20 | −$115.16 | −$101.38 | −$86.00 | −$66.86 | −$63.90 | −$26.26 | −$26.73 | −$35.47 |
| Capital allocation | ||||||||||
| Dividends paid | $60.0M | $59.9M | $209.3M | $336.2M | $160.9M | $56.3M | $17.2M | $17.8M | $17.9M | $17.7M |
| Share buybacks (net) | — | $6.5M | $14.5M | $618.5M | $906.2M | $469.7M | $498.4M | $281.4M | $6.5M | $18.4M |
| Dividend payout ratio | 136.4% | — | 697.6% | 72.4% | 27.0% | 11.4% | 3.5% | 4.2% | 3.8% | 3.9% |
| Dividends + buybacks / free cash flow | — | — | 362.7% | 322.3% | 129.7% | 74.9% | 130.5% | 48.5% | 5.9% | 13.7% |
| Capex / revenue | 2.9% | 2.0% | 2.5% | 4.7% | 2.6% | 2.6% | 4.9% | 2.0% | 2.0% | 2.7% |
| Capex / operating cash flow | — | 213.6% | 78.5% | 59.0% | 26.0% | 27.6% | 54.4% | 23.9% | 31.6% | 49.6% |
| Capex / depreciation | 0.93 | 0.62 | 0.84 | 1.50 | 1.11 | 1.07 | 1.98 | 0.81 | 0.76 | 1.00 |
| Stock-based compensation / revenue | 0.4% | 0.5% | 0.4% | 0.6% | 0.6% | 0.4% | 0.4% | 0.3% | 0.4% | 0.2% |
| SG&A / revenue | 41.5% | 41.9% | 46.2% | 44.6% | 37.2% | 36.9% | 36.8% | 37.7% | 37.5% | 36.3% |
| Efficiency | ||||||||||
| Days sales outstanding | 19.6 | 23.1 | 25.6 | 29.3 | 25.4 | 26.0 | 24.7 | 23.5 | 24.3 | 23.6 |
| Days of inventory on hand | 272.1 | 240.9 | 299.9 | 354.7 | 276.3 | 291.1 | 294.3 | 290.4 | 293.1 | 292.1 |
| Days payables outstanding | 239.4 | 222.6 | 262.9 | 300.7 | 227.2 | 229.2 | 220.7 | 206.5 | 206.4 | 216.1 |
| Cash conversion cycle (days) | 52.3 | 41.5 | 62.6 | 83.3 | 74.5 | 87.9 | 98.3 | 107.3 | 111.0 | 99.6 |
| Receivables turnover | 18.62 | 15.77 | 14.24 | 12.47 | 14.35 | 14.04 | 14.77 | 15.56 | 15.03 | 15.44 |
| Payables turnover | 1.52 | 1.64 | 1.39 | 1.21 | 1.61 | 1.59 | 1.65 | 1.77 | 1.77 | 1.69 |
| Inventory turnover | 1.34 | 1.51 | 1.22 | 1.03 | 1.32 | 1.25 | 1.24 | 1.26 | 1.25 | 1.25 |
| Asset turnover | 0.76 | 0.79 | 0.76 | 0.76 | 0.92 | 0.88 | 0.96 | 1.09 | 1.12 | 1.16 |
| Average receivables | $462.0M | $576.8M | $646.8M | $733.4M | $766.4M | $719.7M | $657.2M | $615.7M | $623.8M | $619.5M |
| Average payables | $3.19B | $3.47B | $3.85B | $4.05B | $3.78B | $3.53B | $3.30B | $3.03B | $2.99B | $3.15B |
| Average inventory | $3.63B | $3.75B | $4.39B | $4.78B | $4.60B | $4.49B | $4.40B | $4.27B | $4.25B | $4.25B |
| Intangibles / total assets | 8.5% | 9.3% | 8.3% | 13.4% | 13.5% | 14.1% | 15.1% | 17.0% | 18.8% | 19.6% |
Computed from AAP's annual financial statements (latest annual report filed February 13, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
AAP valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), Advance Auto Parts traded at 54.1 times earnings, against a 10-year median of 25.9. Based on the latest twelve months, the trailing P/E is 24.7 and the forward P/E is 10.8. Advance Auto Parts earned a return on equity of 2.0% and a return on invested capital of 3.1% in fiscal 2025. It ended the year with $5.2 billion of debt and $3.1 billion in cash and short-term investments, net debt of $2.1 billion. It returned $60.0 million to shareholders: $60.0 million in dividends and $0 in share buybacks. The share count fell 17.9% from 73.9M to 60.6M over 9 years.
See the AAP income statement, the AAP chart for price history, or the AAP stock overview for the latest quote and news.
AAP key metrics FAQ
What is Advance Auto Parts's P/E ratio?
Advance Auto Parts's trailing P/E ratio is 24.7 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 10.8. At the end of fiscal 2025 it was 54.1, compared with a 10-year median of 25.9.
What is Advance Auto Parts's EV/EBITDA?
Advance Auto Parts's enterprise value was 14.0 times EBITDA at the end of fiscal 2025 (enterprise value $4.5 billion, EBITDA $320.0 million); the current EV/EBITDA is 7.7.
What is Advance Auto Parts's return on equity?
Advance Auto Parts's return on equity (ROE) was 2.0% in fiscal 2025: net income of $44.0 million on average shareholders' equity of $2.2 billion.
What is Advance Auto Parts's ROIC?
Advance Auto Parts's return on invested capital was 3.1% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Advance Auto Parts have?
Advance Auto Parts had total debt of $5.2 billion at the end of fiscal 2025, a debt-to-equity ratio of 2.38 and $2.1 billion of net debt (6.57 times EBITDA).
What is Advance Auto Parts's dividend yield?
Advance Auto Parts's forward dividend yield is 2.25%. Advance Auto Parts paid $60.0 million in dividends in fiscal 2025 ($0.99 per share), a payout ratio of 136.4%.
What is Advance Auto Parts's free cash flow yield?
Advance Auto Parts generated -$298.0 million of free cash flow in fiscal 2025, a free cash flow yield of −12.5% on its market value at year-end ($2.4 billion).
What is Advance Auto Parts's current ratio?
Advance Auto Parts's current ratio was 1.75 at the end of fiscal 2025: current assets were 1.75 times current liabilities.