ADVANCE AUTO PARTS INC
AAP · Retail-Auto & Home Supply Stores · 60.3M shares · -4%/yr ↓ buyback · EDGAR filings ↗
Net buyback after stock comp: $577M (gross $618M, SBC $41M)
Reference price $51.00 · est. market cap ~$3.1B — last insider sale, 2025-11-13 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
D52Auto-parts retailer mid-turnaround with near-zero returns, negative free cash flow, and declining sales.
Strengths
- Strong liquidity: $3.1B cash (95th pct), current ratio 1.75 and ~42 quarters of runway; gross margin recovered to 43.4%
- Returned to positive continuing-ops EPS ($1.13) with 592 bps of gross-margin improvement post-restructuring
Risks
- Operating loss (-0.5% margin), negative FCF -$298M (4th pct), revenue -5.4% (18th) and net income growth -113% (13th)
- High leverage (D/E 1.55, 87th pct), restructuring execution risk, and a key vendor's Chapter 11 bankruptcy
Notable findings
- BankruptcyIn the third quarter of fiscal 2025, one of the Company’s vendors, a leading auto parts supplier for the automotive aftermarket industry, filed voluntary petitions for Chapter 11 bankruptcy protection 8-K ↗
- Cash burnNegative free cash flow (-298.0M)
- Exec changeRecent 8-K item 5.02 8-K ↗
- Customer concentration~43% of revenue from one customer/distributor — • Gross profit margin from continuing operations for fiscal 2025 was 43
- Strong balance sheetStrong balance sheet — $3.1B cash & investments, ~42 quarters of runway
- Buying back stockNet buyback — share count -4%/yr over 4y
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
43.4%
Operating margin
-0.5%
Net margin
0.5%
Return on equity
2.0%
Return on assets
0.4%
ROIC
-0.6%
Revenue growth (QoQ)
-3.0%
Debt / equity
1.6×
Net debt / EBITDA
1.3×
Current ratio
1.7×
Free cash flow
-$298M
EBITDA
$229M
Tangible book value
$1.2B
Cash & investments
$3.1B
Cash runway
42q
Stock comp / revenue
0.4%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-12 | Soler Kristen L | Tax withheld | 759 | $60.80 |
| 2026-06-02 | Johnson Richard A | Grant | 4.2K | $57.65 |
| 2026-06-02 | Hilson Joan M | Grant | 3.2K | $57.65 |
| 2026-06-02 | Seboldt Thomas W | Grant | 3.2K | $57.65 |
| 2026-06-02 | Seboldt Thomas W | Grant | 87 | $57.65 |
| 2026-06-02 | LEE EUGENE I JR | Grant | 3.2K | $57.65 |
| 2026-06-02 | LEE EUGENE I JR | Grant | 2.6K | $57.65 |
| 2026-06-02 | JAMISON CYNTHIA T | Grant | 3.7K | $57.65 |
| 2026-06-02 | Windom Brent | Grant | 3.2K | $57.65 |
| 2026-06-02 | Smith Gregory L | Grant | 3.2K | $57.65 |
| 2026-06-02 | Bailo Carla Jean | Grant | 3.2K | $57.65 |
| 2026-06-02 | Ferraro John Francis | Grant | 3.2K | $57.65 |
| 2026-04-24 | Windom Brent | Grant | 28 | $58.18 |
| 2026-04-24 | LEE EUGENE I JR | Grant | 346 | $58.18 |
| 2026-04-24 | Smith Gregory L | Grant | 28 | $58.18 |
| 2026-04-24 | Hilson Joan M | Grant | 42 | $58.18 |
| 2026-04-24 | Ferraro John Francis | Grant | 100 | $58.18 |
| 2026-04-24 | Bailo Carla Jean | Grant | 49 | $58.18 |
| 2026-04-24 | Seboldt Thomas W | Grant | 29 | $58.18 |
| 2026-04-24 | Seboldt Thomas W | Grant | 25 | $58.93 |
| 2026-03-14 | Soler Kristen L | Tax withheld | 254 | $51.73 |
| 2026-03-14 | Grimsland Ryan P | Tax withheld | 729 | $51.73 |
| 2026-03-14 | OKelly Shane M | Tax withheld | 3.0K | $51.73 |
| 2026-03-06 | Soler Kristen L | Tax withheld | 45 | $50.33 |
| 2026-03-04 | Vining Jeffrey | Tax withheld | 823 | $51.21 |
| 2026-03-04 | Vining Jeffrey | Tax withheld | 549 | $51.21 |
| 2026-03-04 | Beland Michael | Tax withheld | 480 | $51.21 |
| 2026-03-04 | Soler Kristen L | Tax withheld | 1.4K | $51.21 |
| 2026-03-04 | Starnes Bruce | Tax withheld | 1.6K | $51.21 |
| 2026-03-04 | Grimsland Ryan P | Tax withheld | 2.9K | $51.21 |
| 2026-03-04 | OKelly Shane M | Tax withheld | 14K | $51.21 |
| 2026-02-17 | Hurst Anthony T. | Grant | 3.1K | $56.74 |
| 2026-02-17 | Vining Jeffrey | Grant | 7.0K | $56.74 |
| 2026-02-17 | Beland Michael | Grant | 3.1K | $56.74 |
| 2026-02-17 | Beland Michael | Grant | 2.6K | $56.74 |
| 2026-02-17 | Soler Kristen L | Grant | 11K | $56.74 |
| 2026-02-17 | Starnes Bruce | Grant | 11K | $56.74 |
| 2026-02-17 | Grimsland Ryan P | Grant | 17K | $56.74 |
| 2026-02-17 | OKelly Shane M | Grant | 62K | $56.74 |
| 2026-01-23 | Seboldt Thomas W | Grant | 35 | $46.77 |
| 2026-01-23 | Hilson Joan M | Grant | 52 | $46.77 |
| 2026-01-23 | Smith Gregory L | Grant | 34 | $46.77 |
| 2026-01-23 | Ferraro John Francis | Grant | 123 | $46.77 |
| 2026-01-23 | LEE EUGENE I JR | Grant | 428 | $46.77 |
| 2026-01-23 | Bailo Carla Jean | Grant | 60 | $46.77 |
| 2026-01-23 | Windom Brent | Grant | 34 | $46.77 |
| 2026-01-23 | Seboldt Thomas W | Grant | 32 | $45.98 |
| 2026-01-20 | Beland Michael | Tax withheld | 933 | $41.31 |
| 2025-12-04 | Grimsland Ryan P | Tax withheld | 3.6K | $52.50 |
| 2025-11-13 | Soler Kristen L | Sell | 7.7K | $51.00 |
| 2025-10-24 | Hilson Joan M | Grant | 44 | $54.56 |
| 2025-10-24 | Windom Brent | Grant | 29 | $54.56 |
| 2025-10-24 | Bailo Carla Jean | Grant | 51 | $54.56 |
| 2025-10-24 | Ferraro John Francis | Grant | 105 | $54.56 |
| 2025-10-24 | Jones Jeffrey J II | Grant | 63 | $54.56 |
| 2025-10-24 | LEE EUGENE I JR | Grant | 365 | $54.56 |
| 2025-10-24 | Smith Gregory L | Grant | 29 | $54.56 |
| 2025-10-24 | Stephen Szilagyi J | Grant | 6 | $55.01 |
| 2025-10-24 | Seboldt Thomas W | Grant | 30 | $54.56 |
| 2025-10-24 | Seboldt Thomas W | Grant | 26 | $55.02 |
| 2025-09-18 | OKelly Shane M | Tax withheld | 12K | $60.12 |
| 2025-07-25 | Bailo Carla Jean | Grant | 47 | $58.68 |
| 2025-07-25 | Ferraro John Francis | Grant | 97 | $58.68 |
| 2025-07-25 | Hilson Joan M | Grant | 41 | $58.68 |
| 2025-07-25 | Jones Jeffrey J II | Grant | 58 | $58.68 |
| 2025-07-25 | LEE EUGENE I JR | Grant | 338 | $58.68 |
| 2025-07-25 | Smith Gregory L | Grant | 27 | $58.68 |
| 2025-07-25 | Windom Brent | Grant | 27 | $58.68 |
| 2025-07-25 | Seboldt Thomas W | Grant | 28 | $58.68 |
| 2025-07-25 | Stephen Szilagyi J | Grant | 5 | $63.65 |
| 2025-07-25 | Hand Jason | Grant | 4 | $63.65 |
| 2025-07-25 | Seboldt Thomas W | Grant | 23 | $63.65 |
| 2025-06-27 | Starnes Bruce | Tax withheld | 2.0K | $46.50 |
| 2025-06-20 | Hand Jason | Sell | 948 | $48.52 |
| 2025-06-12 | Soler Kristen L | Tax withheld | 501 | $50.81 |
| 2025-06-12 | Hand Jason | Tax withheld | 278 | $50.81 |
| 2025-05-27 | LEE EUGENE I JR | Grant | 3.3K | $49.60 |
| 2025-05-27 | LEE EUGENE I JR | Grant | 3.0K | $49.60 |
| 2025-05-27 | Smith Gregory L | Grant | 3.3K | $49.60 |
| 2025-05-27 | Seboldt Thomas W | Grant | 3.3K | $49.60 |
| 2025-05-27 | Seboldt Thomas W | Grant | 202 | $49.60 |
| 2025-05-27 | Bailo Carla Jean | Grant | 3.3K | $49.60 |
| 2025-05-27 | Jones Jeffrey J II | Grant | 3.3K | $49.60 |
| 2025-05-27 | Hilson Joan M | Grant | 3.3K | $49.60 |
| 2025-05-27 | Ferraro John Francis | Grant | 3.3K | $49.60 |
| 2025-05-27 | Windom Brent | Grant | 3.3K | $49.60 |
| 2025-04-25 | Windom Brent | Grant | 23 | $32.88 |
| 2025-04-25 | Torres Sherice | Grant | 50 | $32.88 |
| 2025-04-25 | Smith Gregory L | Grant | 23 | $32.88 |
| 2025-04-25 | Seboldt Thomas W | Grant | 23 | $32.88 |
| 2025-04-25 | Pertz Douglas A | Grant | 96 | $32.88 |
| 2025-04-25 | LEE EUGENE I JR | Grant | 551 | $32.88 |
| 2025-04-25 | Jones Jeffrey J II | Grant | 78 | $32.88 |
| 2025-04-25 | Hilson Joan M | Grant | 47 | $32.88 |
| 2025-04-25 | Ferraro John Francis | Grant | 147 | $32.88 |
| 2025-04-25 | Bailo Carla Jean | Grant | 59 | $32.88 |
| 2025-04-24 | Stephen Szilagyi J | Grant | 9 | $32.63 |
| 2025-04-24 | Seboldt Thomas W | Grant | 44 | $32.62 |
| 2025-04-24 | Hand Jason | Grant | 9 | $32.62 |
| 2025-03-27 | Grimsland Ryan P | Buy | 200 | $40.70 |
| 2025-03-14 | Word Herman L Jr | Tax withheld | 375 | $37.59 |
| 2025-03-14 | Stephen Szilagyi J | Tax withheld | 248 | $37.59 |
| 2025-03-14 | Soler Kristen L | Tax withheld | 284 | $37.59 |
| 2025-03-14 | OKelly Shane M | Tax withheld | 2.0K | $37.59 |
| 2025-03-14 | Hand Jason | Tax withheld | 105 | $37.59 |
| 2025-03-14 | Grimsland Ryan P | Tax withheld | 478 | $37.59 |
| 2025-03-11 | OKelly Shane M | Buy | 1.5K | $36.79 |
| 2025-03-06 | Word Herman L Jr | Tax withheld | 241 | $33.63 |
| 2025-03-06 | Stephen Szilagyi J | Tax withheld | 167 | $33.63 |
| 2025-03-06 | Soler Kristen L | Tax withheld | 52 | $33.63 |
| 2025-03-06 | Hand Jason | Tax withheld | 52 | $33.63 |
| 2025-03-06 | LEE EUGENE I JR | Buy | 15K | $34.15 |
| 2025-03-04 | Beland Michael | Grant | 5.1K | $34.58 |
| 2025-03-04 | Hand Jason | Grant | 4.3K | $34.58 |
| 2025-03-04 | Vining Jeffrey | Grant | 8.7K | $34.58 |
| 2025-03-04 | Vining Jeffrey | Grant | 5.8K | $34.58 |
| 2025-03-04 | Bhatia Shweta | Grant | 13K | $34.58 |
| 2025-03-04 | Starnes Bruce | Grant | 17K | $34.58 |
| 2025-03-04 | Grimsland Ryan P | Grant | 26K | $34.58 |
| 2025-03-04 | Stephen Szilagyi J | Grant | 12K | $34.58 |
| 2025-03-04 | Soler Kristen L | Grant | 14K | $34.58 |
| 2025-03-04 | Word Herman L Jr | Grant | 18K | $34.58 |
| 2025-03-04 | OKelly Shane M | Grant | 94K | $34.58 |
| 2025-03-04 | Soler Kristen L | Buy | 1.0K | $35.33 |
| 2025-02-28 | Word Herman L Jr | Tax withheld | 56 | $36.90 |
| 2025-02-28 | Soler Kristen L | Tax withheld | 35 | $36.90 |
| 2025-02-28 | Hand Jason | Tax withheld | 19 | $36.90 |
| 2025-02-28 | Finley Tammy M | Tax withheld | 109 | $36.90 |
| 2025-02-28 | Donthi Sridhar R | Tax withheld | 118 | $36.90 |
| 2025-01-24 | Windom Brent | Grant | 15 | $48.44 |
| 2025-01-24 | Torres Sherice | Grant | 33 | $48.44 |
| 2025-01-24 | Smith Gregory L | Grant | 15 | $48.44 |
| 2025-01-24 | Seboldt Thomas W | Grant | 15 | $48.44 |
| 2025-01-24 | Pertz Douglas A | Grant | 65 | $48.44 |
| 2025-01-24 | LEE EUGENE I JR | Grant | 372 | $48.44 |
| 2025-01-24 | Jones Jeffrey J II | Grant | 53 | $48.44 |
| 2025-01-24 | Hilson Joan M | Grant | 32 | $48.44 |
| 2025-01-24 | Ferraro John Francis | Grant | 99 | $48.44 |
| 2025-01-24 | Bailo Carla Jean | Grant | 40 | $48.44 |
| 2025-01-23 | Seboldt Thomas W | Grant | 30 | $47.40 |
| 2025-01-23 | Hand Jason | Grant | 4 | $47.40 |
| 2025-01-20 | Beland Michael | Grant | 8.9K | $45.91 |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-06-26 | Exec/director changeExhibits | filing ↗ |
| 2026-05-22 | Shareholder voteExhibits | filing ↗ |
| 2026-05-21 | ResultsExhibits | filing ↗ |
| 2026-03-10 | Exec/director changeReg FDExhibits | filing ↗ |
| 2026-02-13 | ResultsExhibits | filing ↗ |
| 2026-01-13 | Exec/director changeReg FDExhibits | filing ↗ |
| 2025-10-30 | ResultsExhibits | filing ↗ |
| 2025-10-30 | Exec/director changeExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-06-26 | 2026-06-24 | 0001193125-26-285423 ↗ |
| 8-K | 2026-05-22 | 2026-05-20 | 0001193125-26-236815 ↗ |
| 8-K | 2026-05-21 | 2026-05-21 | 0001193125-26-233346 ↗ |
| 10-Q | 2026-05-21 | 2026-04-25 | 0001193125-26-234388 ↗ |
| 8-K | 2026-03-10 | 2026-03-09 | 0001193125-26-100177 ↗ |
| 10-K | 2026-02-13 | 2026-01-03 | 0001193125-26-051305 ↗ |
| 8-K | 2026-02-13 | 2026-02-13 | 0001193125-26-049776 ↗ |
| 8-K | 2026-01-13 | 2026-01-12 | 0001628280-26-001962 ↗ |
| 8-K | 2025-10-30 | 2025-10-30 | 0001628280-25-047275 ↗ |
| 8-K | 2025-10-30 | 2025-10-27 | 0001628280-25-047277 ↗ |
| 10-Q | 2025-10-30 | 2025-10-04 | 0001628280-25-047523 ↗ |
| 10-Q | 2025-08-14 | 2025-07-12 | 0001158449-25-000272 ↗ |