Advance Auto Parts, Inc.
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Financial Performance
Revenue
$11.2B
Market Cap
$4.1B
Net Income
$44M
Employees
67,819
Advance Auto Parts is in the midst of a structural turnaround under CEO Shane O'Kelly. The company, employing 67,819 workers and generating $11.2 billion in revenue, historically lagged behind peers like AutoZone and O'Reilly in operating margins and supply chain efficiency. To repair the balance sheet and fund a comprehensive revitalization of its core retail footprint, Advance Auto Parts executed the $1.5 billion sale of its Worldpac wholesale distribution business to Carlyle Group. This influx of capital is being used to unify its fragmented IT systems, optimize its vast distribution network, and accelerate store remodels to win back both DIY and professional mechanics. Announced in August 2024 and closed later that year, the Worldpac sale to Carlyle generated roughly $1.2 billion in net proceeds after taxes and fees, capital Advance is redeploying into store remodels and supply-chain consolidation rather than acquisitions, a reversal of the debt-funded growth strategy that defined the company's prior two decades.
Revenue Trend Analysis
YoY Change
-5.4%
2-Year CAGR
-3.4%
Peak Year
2023
Trend
Declining Trend
Advance Auto Parts, Inc. has reported revenue across 3 fiscal years, compounding at -3.4% annually over 2 years. The most recent year saw a 5.4% decline versus the prior year. Revenue peaked in 2023 at $9.2B. Out of 2 reported periods, 0 showed growth and 2 showed a decline.
| Fiscal Year | Revenue | Net Income | YoY Change |
|---|---|---|---|
| FY2025 | $8.6B | $44M | -5.4% |
| FY2024 | $9.1B | — | -1.2% |
| FY2023 | $9.2B | — | — |
Source: SEC EDGAR filings, annual earnings releases, and verified financial disclosures.
Click any row to see year details.
Advance Auto Parts, Inc. reported approximately $11.2B in fiscal year 2025 with a team of 67,819 employees worldwide.
Advance Auto Parts, Inc. strategically balances reinvestment into core R&D with operational cost discipline, focusing on workflow automation to expand operating margins in 2026.
Financial performance in Automotive Aftermarket Parts Retail and Professional Auto Repair Distribution is driven by steady cash generation and pricing power, enabling Advance Auto Parts, Inc. to reinvest in high-return strategic initiatives.
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CorpDigest. "Advance Auto Parts, Inc. Revenue & Financials." CorpDigest, https://corpdigest.com/company/advance-auto-parts/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Advance Auto Parts, Inc. reported $9B in revenue (FY2025).</strong><br>Source: <a href="https://corpdigest.com/company/advance-auto-parts/financials" target="_blank" rel="noopener">CorpDigest — Advance Auto Parts, Inc. financials</a></div>