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Advance Auto Parts (AAP) Gross Margin

Annual Gross Margin

40.07%
-4.41%-9.91%

December 30, 2023

Summary

Performance

1-Year Change

-9.91%

3-Year Change

-9.63%

5-Year Change

-9.01%

15-Year Change

-8.05%

AAP Gross Margin Chart

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Highlights

Sector Rank

64.22%
AAP annual gross profit margin is higher than 64.22% of companies in Consumer Cyclical sector

High & Low

All-time High

50.08%
AAP annual gross profit margin is currently -19.99% below its historical high of 50.08%

3-Year Low

40.07%
AAP annual gross profit margin is currently at its 3-year low

Earnings dates

Last Annual Earnings Report Date

Dec 30, 2023
AAP previous annual earnings announcement was published on Dec 30, 2023

Next Annual Earnings Report Date

Feb 28, 2025
AAP next annual earnings announcement is scheduled for Feb 28, 2025

OtherAAPprofitabilitymetrics:

Annual Revenue

$11.29 B
AAP annual revenue is $11.29 billion

Annual Gross Profit

$4.52 B
AAP annual gross profit is $4.52 billion

Annual Operating Margin

1.01%
AAP annual operating profit margin is 1.01%

Annual Net Margin

0.26%
AAP annual net profit margin is 0.26%

Quarterly Gross Margin

42.27%
+0.74%+1.78%

September 1, 2024

Summary

Performance

3-Month Change

+1.78%

1-Year Change

+1.78%

3-Year Change

-6.3%

5-Year Change

-3.43%

AAP Quarterly Gross Margin Chart

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Highlights

Sector Rank

63.21%
AAP quarterly gross profit margin is higher than 63.21% of companies in Consumer Cyclical sector

High & Low

All-time High

50.48%
AAP quarterly gross profit margin is currently -16.26% below its historical high of 50.48%

3-Year Low

36.23%
AAP quarterly gross profit margin is currently +16.67% above its 3-year low

Earnings dates

Last Quarterly Earnings Report Date

Sep 1, 2024
AAP previous earnings announcement was published on Sep 1, 2024

Next Quarterly Earnings Report Date

Feb 28, 2025
AAP next earnings announcement is scheduled for Feb 28, 2025

OtherAAPprofitabilitymetrics:

Quarterly Revenue

$2.15 B
AAP quarterly revenue is $2.15 billion

Quarterly Gross Profit

$907.90 M
AAP quarterly gross profit is $907.90 million

Quarterly Operating Margin

0.02%
AAP quarterly operating profit margin is 0.02%

Quarterly Net Margin

-0.28%
AAP quarterly net profit margin is -0.28%

Gross Margin Formula

Gross Margin =  Gross Profit
Revenue ✕ 100%

Annual Gross Margin

40.07%
AAP annual gross profit margin is 40.07%

Annual Gross Profit

$4.52 B
AAP annual gross profit is $4.52 billion

Annual Revenue

$11.29 B
AAP annual revenue is $11.29 billion

AAP Gross Margin Trends

PeriodPeriodAnnualAnnualQuarterlyQuarterly
1 y1 year-9.9%+1.8%
3 y3 years-9.6%-6.3%
5 y5 years-9.0%-3.4%

AAP Gross Margin Highs & Lows

PeriodPeriodAnnual vs highAnnual vs highAnnual vs lowAnnual vs lowQuarter. vs highQuarter. vs highQuarter. vs lowQuarter. vs low
3 y3-year-10.6%at low-5.3%+16.7%
5 y5-year-10.6%at low-7.8%+16.7%
alltimeall time-20.0%+7.6%-16.3%+16.7%

Advance Auto Parts Gross Margin History

DateAnnualQuarterly
Sep 2024
-
42.27%(+1.8%)
Jun 2024
-
41.53%(-1.0%)
Mar 2024
-
41.95%(+15.8%)
Dec 2023
40.07%(-9.9%)
36.23%(-1.7%)
Sep 2023
-
36.86%(-13.2%)
Jun 2023
-
42.46%(-0.7%)
Mar 2023
-
42.78%(-1.3%)
Dec 2022
44.48%(-0.8%)
43.35%(-2.9%)
Sep 2022
-
44.65%(+0.4%)
Jun 2022
-
44.49%(-0.4%)
Mar 2022
-
44.65%(+0.3%)
Dec 2021
44.82%(+1.1%)
44.53%(-1.3%)
Sep 2021
-
45.11%(+0.5%)
Jun 2021
-
44.89%(+0.7%)
Mar 2021
-
44.59%(-2.7%)
Dec 2020
44.34%(+1.2%)
45.82%(+3.2%)
Sep 2020
-
44.39%(+1.3%)
Jun 2020
-
43.84%(+0.9%)
Mar 2020
-
43.47%(-1.1%)
Dec 2019
43.82%(-0.5%)
43.96%(+0.4%)
Sep 2019
-
43.77%(+1.1%)
Jun 2019
-
43.28%(-2.1%)
Mar 2019
-
44.19%(+0.2%)
Dec 2018
44.04%(+1.1%)
44.11%(-0.3%)
Sep 2018
-
44.26%(+1.8%)
Jun 2018
-
43.48%(-1.8%)
Mar 2018
-
44.27%(+3.2%)
Dec 2017
43.58%(-2.0%)
42.89%(-1.2%)
Sep 2017
-
43.43%(-1.0%)
Jun 2017
-
43.87%(-0.2%)
Mar 2017
-
43.96%(+0.9%)
Dec 2016
44.48%(-2.1%)
43.57%(-0.8%)
Sep 2016
-
43.94%(-1.9%)
Jun 2016
-
44.78%(-1.1%)
Mar 2016
-
45.30%(+1.3%)
Dec 2015
45.42%(+0.4%)
44.71%(-0.6%)
Sep 2015
-
44.98%(-2.0%)
Jun 2015
-
45.88%(0.0%)
Mar 2015
-
45.88%(+2.3%)
Dec 2014
45.24%(-9.7%)
44.87%(-0.7%)
Sep 2014
-
45.18%(-0.1%)
Jun 2014
-
45.24%(-0.7%)
Mar 2014
-
45.57%(-8.5%)
Dec 2013
50.08%(+0.3%)
49.81%(-0.8%)
Sep 2013
-
50.19%(-0.2%)
Jun 2013
-
50.29%(+0.5%)
Mar 2013
-
50.03%(+0.3%)
DateAnnualQuarterly
Dec 2012
49.93%(+0.4%)
49.89%(+0.2%)
Sep 2012
-
49.77%(-0.2%)
Jun 2012
-
49.89%(-0.4%)
Mar 2012
-
50.10%(+2.2%)
Dec 2011
49.74%(-0.5%)
49.02%(-0.9%)
Sep 2011
-
49.45%(-0.5%)
Jun 2011
-
49.72%(-1.5%)
Mar 2011
-
50.48%(+2.2%)
Dec 2010
49.98%(+2.3%)
49.40%(-1.8%)
Sep 2010
-
50.32%(-0.2%)
Jun 2010
-
50.44%(+1.4%)
Mar 2010
-
49.75%(+3.8%)
Dec 2009
48.85%(+4.7%)
47.93%(-2.6%)
Sep 2009
-
49.22%(-0.2%)
Jun 2009
-
49.34%(+1.1%)
Mar 2009
-
48.82%(+21.9%)
Dec 2008
46.66%(-2.6%)
40.06%(-17.5%)
Sep 2008
-
48.58%(+2.4%)
Jun 2008
-
47.44%(-0.1%)
Mar 2008
-
47.50%(+0.9%)
Dec 2007
47.91%(+0.5%)
47.08%(-1.8%)
Sep 2007
-
47.94%(-0.4%)
Jun 2007
-
48.11%(-0.4%)
Mar 2007
-
48.32%(+2.6%)
Dec 2006
47.68%(+1.0%)
47.08%(-2.4%)
Sep 2006
-
48.22%(+1.3%)
Jun 2006
-
47.60%(-0.3%)
Mar 2006
-
47.75%(+2.2%)
Dec 2005
47.23%(+1.6%)
46.70%(-1.1%)
Sep 2005
-
47.21%(+0.2%)
Jun 2005
-
47.11%(-1.3%)
Mar 2005
-
47.75%(+3.0%)
Dec 2004
46.50%(+1.2%)
46.38%(-0.9%)
Sep 2004
-
46.79%(+0.6%)
Jun 2004
-
46.49%(+0.2%)
Mar 2004
-
46.39%(+1.8%)
Dec 2003
45.93%(+2.6%)
45.55%(-1.2%)
Sep 2003
-
46.11%(+0.5%)
Jun 2003
-
45.87%(+1.3%)
Mar 2003
-
45.26%(-6.4%)
Dec 2002
44.77%(+2.9%)
48.37%(+9.1%)
Sep 2002
-
44.34%(+0.7%)
Jun 2002
-
44.03%(+1.3%)
Mar 2002
-
43.47%
Dec 2001
43.52%(+11.1%)
-
Dec 2000
39.16%(-0.3%)
-
Dec 1999
39.26%(+5.4%)
-
Dec 1998
37.24%
-

FAQ

  • What is Advance Auto Parts annual gross profit margin?
  • What is the all time high annual gross margin for Advance Auto Parts?
  • What is Advance Auto Parts annual gross margin year-on-year change?
  • What is Advance Auto Parts quarterly gross profit margin?
  • What is the all time high quarterly gross margin for Advance Auto Parts?
  • What is Advance Auto Parts quarterly gross margin year-on-year change?

What is Advance Auto Parts annual gross profit margin?

The current annual gross margin of AAP is 40.07%

What is the all time high annual gross margin for Advance Auto Parts?

Advance Auto Parts all-time high annual gross profit margin is 50.08%

What is Advance Auto Parts annual gross margin year-on-year change?

Over the past year, AAP annual gross profit margin has changed by -4.41% (-9.91%)

What is Advance Auto Parts quarterly gross profit margin?

The current quarterly gross margin of AAP is 42.27%

What is the all time high quarterly gross margin for Advance Auto Parts?

Advance Auto Parts all-time high quarterly gross profit margin is 50.48%

What is Advance Auto Parts quarterly gross margin year-on-year change?

Over the past year, AAP quarterly gross profit margin has changed by +0.74% (+1.78%)