Advance Auto Parts Inc
NYSE:AAP

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Advance Auto Parts Inc Logo
Advance Auto Parts Inc
NYSE:AAP
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Price: 45.53 USD -1% Market Closed
Market Cap: 2.7B USD
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Gross Margin
Advance Auto Parts Inc

42%
Current
43%
Average
32.9%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
42%
=
Gross Profit
5.4B
/
Revenue
13B

Gross Margin Across Competitors

Country US
Market Cap 2.7B USD
Gross Margin
42%
Country US
Market Cap 69.7B USD
Gross Margin
51%
Country US
Market Cap 55.9B USD
Gross Margin
53%
Country US
Market Cap 40.9B USD
Gross Margin
20%
Country ZA
Market Cap 19.5B Zac
Gross Margin
21%
Country US
Market Cap 12.6B USD
Gross Margin
11%
Country TW
Market Cap 333.1B TWD
Gross Margin
12%
Country US
Market Cap 10.2B USD
Gross Margin
16%
Country ZA
Market Cap 10.2B Zac
Gross Margin
0%
Country US
Market Cap 10B USD
Gross Margin
11%
Country US
Market Cap 9.3B USD
Gross Margin
16%
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Advance Auto Parts Inc
Glance View

Market Cap
2.7B USD
Industry
Retail

Advance Auto Parts Inc. has long been a prominent player in the American automotive aftermarket, a sector distinguished not only by fierce competition but also by vibrant opportunities. Founded in 1932, the company embarked on a journey from a modest store in Roanoke, Virginia, to become a retail powerhouse, with a substantial footprint across North America. At its core, Advance Auto Parts thrives by catering to both the do-it-yourself (DIY) enthusiasts and the professional garages, offering a diverse range of automotive products from replacement parts to maintenance items. The company's model is built on a dual-channel approach that serves individual consumers and commercial clients, ensuring a steady stream of business notwithstanding economic fluctuations. Advance Auto Parts generates revenue through its expansive network of stores and various e-commerce platforms, effectively combining traditional brick-and-mortar operations with digital convenience. A crucial part of their business strategy involves fostering relationships with automotive parts manufacturers, which helps them maintain a broad inventory to meet evolving customer demands. Furthermore, the company has invested in sophisticated logistics and distribution systems. These capabilities allow for efficient stocking and delivery, reinforcing their commitment to customer satisfaction and operational efficiency. By balancing the art of retail with the science of logistics, Advance Auto Parts maintains a competitive edge in the intricate landscape of automotive servicing and repair.

AAP Intrinsic Value
69.71 USD
Undervaluation 35%
Intrinsic Value
Price
What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
42%
=
Gross Profit
5.4B
/
Revenue
13B
What is the Gross Margin of Advance Auto Parts Inc?

Based on Advance Auto Parts Inc's most recent financial statements, the company has Gross Margin of 42%.