Company Analysis

Advance Auto Parts Inc (AAP)

NYSE: AAP · Retail-Auto & Home Supply Stores · Raleigh, NC · filing with the SEC since 2001
Grade4.2
◀ Past 3.3● Present 4.4▶ Future 4.7

The grade of Advance Auto Parts Inc

Nine metrics read from its own filings, by tense
Headline grade
4.2/10
◀ Past3.325% of the headline
● Present4.445% of the headline
▶ Future4.730% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

All nine metrics read as filed from the record.

◀ Past

What did they actually do?

3.3/1025% of the headline grade · 3 of 3 filed

Surviving crises

as filed
2.5/10

Has it survived what it has been through?

4 warning events since 2017; the latest 2024-02-28.

weight 45% of this tense · 25th percentile among 6 sector filers · read for itself

From the record

Advance Auto Parts Inc's filings since 2017 show 4 warning events of 2 kinds: a debt default or acceleration notice (8-K item 2.04, the latest 2019-01-29); a late-report notice (Form NT 10-K or NT 10-Q, 3 times, the latest 2024-02-28) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
2.7/10

What has it actually done, year after year?

-1.2% a year over 10 filed years; profitable in 9 of 10.

weight 33% of this tense · 27th percentile among 6 sector filers · read for its customers

From the record

Advance Auto Parts Inc's 10 filed years say what it did: revenue went from $9.6 billion in fiscal 2016 to $8.6 billion in fiscal 2026, down 1.2% a year; it rose in 5 of 9 years; the deepest fall was 22% from fiscal 2022 to fiscal 2026; net income was positive in 9 of 10 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span-1.2%bottom 25% of its family
  • the share of years revenue rosebottom 25% of its family
  • the share of filed years with a profittop 50% of its family
  • the deepest fall from a revenue peak21.8%bottom 8% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
6.0/10

How has it treated the people who own it?

Share count shrank 0.1% a year. 100% of cash flow returned. Insiders: 1 sales, 0 purchases.

weight 22% of this tense · 60th percentile among 5 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2026-01-03, Advance Auto Parts Inc's diluted share count shrank about 0.1% a year, and dividends and buybacks returned about 100% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 1 sale and 0 purchases of their own stock on the open market in the year to 2026-10-27 (their Form 4 filings).

What it rests on

  • the share count over the yearsbottom 30% of its family
  • cash returned against operating cash flowtop 10% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

4.4/1045% of the headline grade · 3 of 3 filed

Financial health

as filed
5.0/10

Is it financially healthy right now?

ROE 2%: 2¢ of profit per shareholder dollar. Leverage 81%: owes 81¢ per asset dollar.

weight 45% of this tense · 50th percentile among 6 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2026-01-03, Advance Auto Parts Inc earned about 2 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 32 cents per dollar of everything the company owns. Leverage: it owed about 81 cents per dollar of assets, and net share issuance: its share count grew 1.2% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 42% of its family
  • return on equitytop 12% of its family
  • gross profit against assetsbottom 42% of its family
  • the share count against the year beforebottom 30% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
4.7/10

How strong is its position in its industry?

bottom 47% of 6 in its family; net margin 0.5%.

weight 33% of this tense · 47th percentile among 6 sector filers · read for its customers

From the record

Advance Auto Parts Inc's standing among 6 graded names in its industry family: revenue of $8.6 billion in fiscal 2026 ranks in the top 42% by size; a net margin of 0.5% ranks in the top 42%; revenue growth of -2% a year over the last 3 filed years ranks in the bottom 25% (its annual reports).

What it rests on

  • revenue against the family$8.60Btop 42% of its family
  • net margin0.5%top 42% of its family
  • three-year revenue growth-2.0%bottom 25% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
2.5/10

What are the people in charge doing?

bottom 25% of 6 in its family for leadership; chief executive since 2023.

weight 22% of this tense · 25th percentile among 6 sector filers · read for its shareholders

From the record

Advance Auto Parts Inc's leadership, from its insiders' filings and its current reports: the chief executive on the record is Okelly, Shane M (Director, President and CEO, as filed), filing under that title since 2023-09-19, 3.2 years (top 42% of its family); the 18 officers and directors filing in the last fifteen months have been on the record a median of 2.8 years (bottom 8%); 13 officer or director changes were reported on Form 8-K since 2023-11-13, against the 18 people in charge now (bottom 8%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge13 in three years among 18 peoplebottom 8% of its family
  • the median years the people in charge have filed2.8 yearsbottom 8% of its family
  • the chief executive's years on the record3.2 yearstop 42% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

4.7/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
5.3/10

How much room does it have to grow?

top 47% of 6 in its family for room to expand.

weight 22% of this tense · 53rd percentile among 6 sector filers · read for itself

From the record

Advance Auto Parts Inc's room to grow, from the newest filed statements (fiscal 2026): cash of $3.1 billion against debt of $3.4 billion leaves -2.4% of its assets as net cash, top 25% of its family; cash from operations less capital spending is -3.5% of revenue (bottom 25%); a gross margin of 43.4% (top 42%) (its annual report).

What it rests on

  • cash less debt against assets-2.4%top 25% of its family
  • cash from operations less capital spending against revenue-3.5%bottom 25% of its family
  • gross margin43.4%top 42% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
3.6/10

What could actually drive growth from here?

bottom 36% of 6 in its family for growth drivers.

weight 45% of this tense · 36th percentile among 6 sector filers · read for its customers

From the record

Advance Auto Parts Inc's growth drivers, from the filed years to fiscal 2026: revenue grew -2% a year over the last three filed years against -1.2% over all 10, slowing (top 25% of its family); the newest year grew -5.3% (bottom 25%); capital spending grew -14.1% a year (bottom 8%) (its annual reports). Advance Auto Parts Inc tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

What it rests on

  • three-year growth against the whole span-0.9 points a yeartop 25% of its family
  • the newest year's revenue growth-5.3%bottom 25% of its family
  • three-year growth of capital spending-14.1%bottom 8% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
5.7/10

Did its newest year beat what its own record pointed to?

top 43% of 5 in its family for expectations against reality.

weight 33% of this tense · 57th percentile among 5 sector filers · read for its shareholders

From the record

Advance Auto Parts Inc's newest year against its own record: revenue of $8.6 billion in fiscal 2026 came in 5.1% below the $9.1 billion its prior three years' pace pointed to (bottom 30% of its family); net income of $44 million against a prior three-year average of $53 million (top 50%); a net margin of 0.5% against 0.6% before (top 10%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-5.1%bottom 30% of its family
  • net income against the prior three years' average-17%top 50% of its family
  • net margin against its prior average-0.1 pointstop 10% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton AAP · research, not advice