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AAP (Advance Auto Parts) EBIT : $-827 Mil (TTM As of Mar. 2025)


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What is Advance Auto Parts EBIT?

Advance Auto Parts's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2025 was $-104 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2025 was $-827 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Advance Auto Parts's annualized ROC % for the quarter that ended in Mar. 2025 was 0.18%. Advance Auto Parts's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2025 was -11.84%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Advance Auto Parts's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2025 was -16.63%.


Advance Auto Parts EBIT Historical Data

The historical data trend for Advance Auto Parts's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Advance Auto Parts EBIT Chart

Advance Auto Parts Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 697.90 820.28 511.03 40.81 -687.07

Advance Auto Parts Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 54.00 80.76 2.80 -806.53 -104.00

Competitive Comparison of Advance Auto Parts's EBIT

For the Auto Parts subindustry, Advance Auto Parts's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Advance Auto Parts's EV-to-EBIT Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Advance Auto Parts's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Advance Auto Parts's EV-to-EBIT falls into.


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Advance Auto Parts EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $-827 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Advance Auto Parts  (NYSE:AAP) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Advance Auto Parts's annualized ROC % for the quarter that ended in Mar. 2025 is calculated as:

ROC % (Q: Mar. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2024 ) + Invested Capital (Q: Mar. 2025 ))/ count )
=-52 * ( 1 - 118.32% )/( (5199.314 + 5242)/ 2 )
=9.5264/5220.657
=0.18 %

where

Invested Capital(Q: Dec. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=10798.109 - 4120.612 - ( 1869.417 - max(0, 4665.357 - 6143.54+1869.417))
=5199.314

Note: The Operating Income data used here is four times the quarterly (Mar. 2025) data.

2. Joel Greenblatt's definition of Return on Capital:

Advance Auto Parts's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2024  Q: Mar. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-416/( ( (3576.94 + max(-361.591, 0)) + (3450 + max(-169, 0)) )/ 2 )
=-416/( ( 3576.94 + 3450 )/ 2 )
=-416/3513.47
=-11.84 %

where Working Capital is:

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(573.683 + 3612.081 + 118.002) - (4120.612 + 0 + 544.745)
=-361.591

Working Capital(Q: Mar. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(411 + 3731 + 183) - (4088 + 0 + 406)
=-169

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2025) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Advance Auto Parts's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2025 )
=-826.973/4972.809
=-16.63 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Advance Auto Parts EBIT Related Terms

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Advance Auto Parts Business Description

Address
4200 Six Forks Road, Raleigh, NC, USA, 27609
Advance Auto Parts is a leading auto-parts retailer in North America with more than 4,000 store and branch locations. About half of the firm's sales are geared toward the professional channel, with the remaining sales in the do-it-yourself market. Through its vast store footprint and distribution network, Advance manages thousands of stock-keeping units for various vehicle makes and models. The retailer primarily competes on the basis of inventory availability and service speed, making the operating efficiency of its hub-and-spoke distribution model critical to meeting customer needs.
Executives
Shane M Okelly director, officer: Director, President and CEO 4200 SIX FORKS ROAD, RALEIGH NC 27609
Lee Eugene I Jr director 1000 DARDEN CENTER DRIVE, ORLANDO FL 32837
Tammy M Finley officer: SVP, Human Resources ADVANCE AUTO PARTS, INC., 5008 AIRPORT RD, ROANOKE VA 24012
Kristen L Soler officer: EVP, Chief HR Officer 12200 FOX VALLEY STREET, RALEIGH NC 27614
Jones Jeffrey J Ii director ONE H&R BLOCK WAY, KANSAS CITY MO 64105
Word Herman L Jr officer: EVP, U.S. Stores & CQ Ind. 1033 LINENHALL WAY, WAKE FOREST NC 27587
Carla Jean Bailo director 1775 SHERMAN STREET, SUITE 1200, DENVER CO 80203
Anthony A Iskander officer: Interim CFO, SVP, Fin & Treas 4200 SIX FORKS ROAD, RALEIGH NC 27609
Douglas A Pertz director 1801 BAYBERRY COURT, RICHMOND VA 23226
Joan M Hilson director 150 THORN HILL DRIVE, WARRENDALE PA 15086-7528
John Francis Ferraro director 9 WALNUT AVE, CAMBRIDGE MA 02140
Szilagyi J Stephen officer: EVP Chief Supply Chain Officer 15027 JUNE WASHAM ROAD, RALEIGH NC 27609
Pellicciotti William J Jr officer: SVP, Controller and CAO 4200 SIX FORKS ROAD, RALEIGH NC 27609
Robert B Cushing officer: EVP, Commercial 1432 FREEMAN LANE, PLEASANTON VA 94566
Sherice Torres director PO BOX 20833, SAN JOSE CA 95160