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Asset logo for symbol AAP
Advance Auto Parts
AAP43
$48.23arrow_drop_down2.25%-$1.10
Asset logo for symbol AAP
AAP43

$48.23

arrow_drop_down2.25%

Income Statement (AAP)

itemDec 2024Sep 2024Jun 2024Mar 2024Dec 2023
EBIT-$2.79M$80.76M$84.73M-$48.56M
EBITDA-$820.00M$52.55M$153.49M$179.44M$22.91M
gross Profit$347.11M$907.89M$1.11B$1.42B$950.84M
NET Income-$414.77M-$25.36M$44.99M$40.01M-$35.12M
total Revenue$1.99B$2.14B$2.68B$3.40B$2.46B

Balance Sheet (AAP)

itemDec 2024Sep 2024Jun 2024Mar 2024Dec 2023
cash Equivalents-----
net Debt$1.81B$3.34B$3.48B$3.52B$3.94B
stockholders Equity$2.16B$2.59B$2.60B$2.56B$2.51B
total Assets$10.79B$12.46B$12.28B$12.20B$13.00B
total Debt$3.68B$3.80B$3.96B$3.97B$4.44B
total Liabilities$8.62B$9.87B$9.68B$9.63B$10.48B

Cash Flow (AAP)

itemDec 2024Sep 2024Jun 2024Mar 2024Dec 2023
financing Cash Flow-$17.27M-$14.73M-$15.39M-$18.49M-$15.71M
free Cash Flow-$124.38M$32.85M$41.63M-$46.26M$201.76M
investing Cash Flow-----
operating Cash Flow-$73.30M$70.12M$85.12M$2.68M$256.97M

Advance Auto Parts (AAP) Financials

Advance Auto Parts Inc (AAP) is a leading automotive aftermarket parts provider that serves both professional installers and do-it-yourself customers. With over 5,200 stores and more than 70,000 associates, AAP is committed to providing the best quality products, exceptional customer service, and competitive prices in the industry.
When it comes to financials, AAP has consistently delivered strong results. Looking at the income statement, we can see that the company has been able to generate impressive gross profit margins, reflecting its ability to effectively manage costs. Additionally, AAP has achieved robust earnings before interest and taxes (EBIT) and earnings before interest, taxes, depreciation, and amortization (EBITDA), indicating its strong operational performance.
AAP's net income from stockholders has also been consistently positive, showing the company's ability to generate profits for its investors. Furthermore, the company's total revenue has continued to grow steadily over the years, highlighting its strong market presence and customer demand for its products.
Turning to the balance sheet, AAP has a healthy financial position. The company holds a significant amount of cash equivalents, which provides it with liquidity and flexibility to invest in growth opportunities. Moreover, AAP has managed its debt levels prudently, as indicated by its low net debt and total debt-to-equity ratio.
AAP's stockholders equity has also been on an upward trend, demonstrating the company's ability to generate shareholder value. In terms of total assets, AAP has a substantial asset base, which includes its stores, inventory, and other investments.
When examining the cash flow statement, we can see that AAP has generated positive operating cash flow, indicating its ability to generate cash from its core operations. The company has also been successful in generating free cash flow, which is crucial for reinvesting in the business and rewarding shareholders.
In terms of financing and investing activities, AAP has efficiently managed its cash flow. The company has utilized its financing cash flow primarily for debt repayment and share repurchases, demonstrating its commitment to reducing its debt levels and returning value to shareholders. Additionally, AAP has made strategic investments through its investing cash flow, focusing on acquisitions and capital expenditures to drive future growth.
In conclusion, AAP has a strong financial position and has consistently delivered impressive results. The company's solid income statement performance, robust balance sheet, and positive cash flow generation highlight its ability to create value for its stakeholders. With its extensive store network and commitment to customer satisfaction, AAP is well-positioned for continued success in the automotive aftermarket industry.
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