Feed / AAP

Advance Auto Parts, Inc.

AAP

Consumer Cyclical · 43.40 +2.0% today

Isolated · not yet confirmedMarket checked 9 Sept, 15:55 GMT-4

Market read

Advance Auto Parts, Inc.'s current read is isolated; its market group is not confirming.

No new filing conclusion is available. 0 of 1 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 4 directly disclosed connections are confirming.

Company+2.0% todayVolume comparison unavailable
Market group0 of 1 activeAuto Parts · unavailable
Disclosed network0 of 4 confirmingNo filing-linked name is confirming now
What would change this read
  • Inventory grew faster than revenue during the latest six months, increasing inventory intensity.

Invalidation: The isolated read changes if AAP's group or a disclosed connection begins moving with it.

Watch this read

Research brief

The story so far

Consumer Cyclical · Auto Parts

No new filing conclusion is available. 0 of 1 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 4 directly disclosed connections are confirming.

Evidence that supports

No thresholded supportive filing evidence is available yet.

Evidence that challenges

No thresholded adverse filing evidence is available yet.

What would clarify the read
  • Inventory grew faster than revenue during the latest six months, increasing inventory intensity.

Company research

Understand the business, not just the ticker

As of Sep 10, 2026
Business model and earnings drivers

Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.

Key research questions
  • Which operating variable is changing?
  • Is that change durable, cyclical or one-off?
  • What evidence would disprove the current interpretation?
Annual periods9
Price observations326
Usable filing statements16
Verified relationships4
Evidence supporting the case
  • Operating margin changed +7.3 percentage points in the latest annual period.
  • Net margin changed +4.2 percentage points in the latest annual period.
Evidence challenging the case
  • Latest annual revenue changed -5.4% year over year.
  • Operating cash flow was only -1.045x net income in the latest annual period.
Questions before a position
  • P/E is 314% above the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context

Price as of Sep 9, 2026

43.40
6m-15.0%12m-28.9%24m
Annual trajectory

Reported annual revenue and per-share history. This is accounting history, not a forecast.

PeriodRevenueYoYDiluted EPSShare change
2022-01-01$11.0B+8.8%$9.25-6.5%
2022-12-31$9.1B-16.8%$7.65-5.9%
2023-12-30$9.2B+0.7%$0.50-1.8%
2024-12-28$9.1B-1.2%$-5.61+0.5%
2026-01-03$8.6B-5.4%$0.73+1.2%

What management says matters

Persistent and emerging business drivers

Demand and volumemixed · 1 filings
This assessment is routinely performed and includes, but is not limited to, the analysis of anticipated, historical and actual demand; and changes in customer preferences, which are subject to uncertainty and requires estimation.
10-K · Feb 13, 2026
Restructuring and cost reductionspositive · 1 filings
As of January 3, 2026 and December 28, 2024, the Company recorded $ 32 million and $ 144 million of non-cash asset impairment and write-down charges, including impairment and incremental depreciation as a result of accelerating assets over a shorter useful li…
10-K · Feb 13, 2026
Supply chain and availabilitymixed · 1 filings
All outstanding amounts due to third-party financial institutions related to suppliers participating in such financing arrangements are recorded within accounts payable and represent obligations outstanding under these supplier finance programs for invoices t…
10-K · Feb 13, 2026

Valuation discipline

Descriptive valuation snapshot

Price/sales 0.3× · EV/sales 0.3×. Comparisons use only industry-matched filing peers.

Scenario scaffold

Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.

Price action

How the market is pricing the story

43.40+2.0% today

Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 9 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.

Developments

No sourced recent-development timeline yet

Jodie has not returned a relevant primary source or news item for AAP. This is an evidence-coverage gap, not a conclusion that nothing material happened.

Business and financial condition

Reported financial figures are not available yet

Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.

Filing analysis

No comparable filing assessment is available yet

Jodie has not yet found a suitable current-versus-prior filing comparison for AAP. This does not mean the latest filing was neutral or immaterial.

Business ecosystem

The relationships behind AAP

Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.

Depends on

AZOAutoZone, Inc.competitorFeb 13, 2026

The Company’s primary competitors are (i) both national and regional chains of automotive parts stores, including AutoZone, Inc., NAPA, O’Reilly Automotive, Inc.

Depended on by

ORLYO'Reilly Automotive, Inc.competitorFeb 27, 2026

We compete primarily with: ● National retail and wholesale automotive parts chains (such as AutoZone, Inc., Advance Auto Parts, CARQUEST, and NAPA).

Filing peers

Companies whose filings use similar operating language.

Open the three relationships above to see Jodie’s filing proof. Pro unlocks 2 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →

What is moving around it

Live connections

AAP is currently a Leader in the organic co-movement group Auto Parts. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 2 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.

This group is retained as the last observed read for AAP; it is not active in the latest market snapshot.

Context history

Theme membership history

No durable theme membership has been observed for this name yet.