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Advance Auto Parts (AAP)

(Delayed Data from NYSE)

$77.22 USD

77.22
2,041,633

-1.47 (-1.87%)

Updated Apr 22, 2024 04:00 PM ET

After-Market: $77.00 -0.22 (-0.28%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

A Value C Growth D Momentum B VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 10% (24 out of 250)

Industry: Automotive - Retail and Wholesale - Parts

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Better trading starts here.

Balance Sheet

Research for AAP

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

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Fiscal Year End for Advance Auto Parts, Inc falls in the month of December.

All items in Millions except Per Share data.

12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Assets          
Cash & Equivalents 503 269 601 835 419
Receivables 800 699 783 750 689
Notes Receivable 0 0 0 0 0
Inventories 4,858 4,915 4,659 4,538 4,432
Other Current Assets 216 164 232 147 155
Total Current Assets 6,377 6,047 6,275 6,270 5,696
Net Property & Equipment 1,649 1,690 1,528 1,463 1,433
Investments & Advances 0 0 0 0 0
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 0 0 0 0 0
Intangibles 1,585 1,611 1,645 1,675 1,702
Deposits & Other Assets 87 62 74 52 52
Total Assets 12,276 12,018 12,194 11,840 11,249
Liabilities & Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Notes Payable 0 0 0 0 0
Accounts Payable 4,178 4,123 3,922 3,641 3,422
Current Portion Long-Term Debt 0 185 0 0 0
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 671 634 777 607 536
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 458 427 481 496 520
Total Current Liabilities 5,307 5,370 5,180 4,744 4,478
Mortgages 0 0 0 0 0
Deferred Taxes/Income 363 416 411 342 334
Convertible Debt 0 0 0 0 0
Long-Term Debt 1,786 1,188 1,034 1,033 747
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 85 87 103 146 123
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 9,757 9,340 9,066 8,280 7,699
Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Preferred Stock 0 0 0 0 0
Common Stock (Par) 0 0 0 0 0
Capital Surplus 946 898 845 784 735
Retained Earnings 4,559 4,745 4,606 4,197 3,773
Other Equity -52 -45 -23 -27 -35
Treasury Stock 2,933 2,919 2,300 1,394 924
Total Shareholder's Equity 2,520 2,678 3,128 3,560 3,549
Total Liabilities & Shareholder's Equity 12,276 12,018 12,194 11,840 11,249
Total Common Equity 2,520 2,678 3,128 3,560 3,549
Shares Outstanding 59.50 60.10 62.30 67.80 69.20
Book Value Per Share 42.35 44.56 50.21 52.50 51.29

Fiscal Year End for Advance Auto Parts, Inc falls in the month of December.

All items in Millions except Per Share data.

3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Assets          
Cash & Equivalents -99,999 503 318 277 227
Receivables NA 800 868 794 782
Notes Receivable NA 0 0 0 0
Inventories NA 4,858 4,949 5,067 5,016
Other Current Assets NA 216 185 188 177
Total Current Assets NA 6,377 6,320 6,326 6,202
Net Property & Equipment NA 1,649 1,663 1,689 1,694
Investments & Advances NA 0 0 0 0
Other Non-Current Assets NA 0 0 0 0
Deferred Charges NA 0 0 0 0
Intangibles NA 1,585 1,589 1,598 1,603
Deposits & Other Assets NA 87 76 72 55
Total Assets NA 12,276 12,249 12,304 12,182
Liabilities & Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Notes Payable NA 0 0 0 0
Accounts Payable NA 4,178 3,943 3,780 3,683
Current Portion Long-Term Debt NA 0 0 95 116
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses NA 671 714 685 718
Income Taxes Payable NA 0 0 0 0
Other Current Liabilities NA 458 479 466 466
Total Current Liabilities NA 5,307 5,136 5,026 4,983
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 363 383 433 423
Convertible Debt NA 0 0 0 0
Long-Term Debt NA 1,786 1,786 1,785 1,785
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities NA 88 87 86
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities NA 9,757 9,602 9,581 9,546
Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Preferred Stock NA 0 0 0 0
Common Stock (Par) NA 0 0 0 0
Capital Surplus NA 946 937 925 914
Retained Earnings NA 4,559 4,690 4,767 4,698
Other Equity NA -52 -48 -37 -44
Treasury Stock NA 2,933 2,933 2,933 2,931
Total Shareholder's Equity NA 2,520 2,647 2,723 2,636
Total Liabilities & Shareholder's Equity NA 12,276 12,249 12,304 12,182
Total Common Equity 0 2,520 2,647 2,723 2,636
Shares Outstanding 59.60 59.50 59.40 59.40 59.20
Book Value Per Share 0.00 42.35 44.56 45.84 44.53