Advance Auto Parts (AAP) Asset Utilization Ratio (2010 - 2026)
Advance Auto Parts (AAP) posted quarterly Asset Utilization Ratio of 0.72 for Q1 2026, down 7.86% year-over-year from 0.78 in Q1 2025, and down 5.64% quarter-over-quarter from 0.76 in Q4 2025.
Advance Auto Parts (AAP) Asset Utilization Ratio (2010 - 2026) Analysis & Trends
Advance Auto Parts (AAP) has reported Asset Utilization Ratio for 17 consecutive years, with 0.72 the latest figure, recorded in Q1 2026.
- In Q1 2026, Asset Utilization Ratio fell 7.86% year-over-year to 0.72; the TTM figure through Jan 2026 stood at 0.72 (down 7.86% YoY), while the FY2026 annual figure was 0.76, down 3.54% from the prior year.
- Asset Utilization Ratio eased to 0.72 in Q1 2026 per AAP's latest filing, from 0.76 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 0.99 in Q2 2022 and bottomed at 0.72 in Q4 2023.
- Historically, Asset Utilization Ratio has averaged 0.81 across 5 years, with a median of 0.77 in 2024.
- On a YoY basis, Asset Utilization Ratio climbed as much as 11.09% in 2023 and fell as far as 23.19% in 2023.
- Advance Auto Parts' Asset Utilization Ratio stood at 0.76 in 2022, then rose by 11.09% to 0.84 in 2023, then declined by 7.26% to 0.78 in 2024, then decreased by 2.35% to 0.76 in 2025, then slipped by 5.64% to 0.72 in 2026.
- Business Quant data shows AAP's Asset Utilization Ratio at 0.72 in Q1 2026, 0.76 in Q4 2025, and 0.83 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | O Reilly Automotive | 73.67 Bn | 73.40 Bn | 2.52 Bn | 1.08 |
| 2 | Autozone | 48.67 Bn | 48.42 Bn | 2.52 Bn | 0.97 |
| 3 | Magna International | 19.95 Bn | 18.52 Bn | 1.61 Bn | - |
| 4 | Genuine Parts | 18.44 Bn | 17.88 Bn | 2.47 Bn | 1.19 |
| 5 | Borgwarner | 13.72 Bn | 11.27 Bn | 721.00 Mn | 1.04 |
| 6 | Allison Transmission Holdings | 10.96 Bn | 10.56 Bn | 515.00 Mn | 0.51 |
| 7 | Modine Manufacturing | 10.32 Bn | 10.24 Bn | - | - |
| 8 | Aptiv | 10.29 Bn | 9.53 Bn | 775.00 Mn | 0.87 |
| 9 | Autoliv | 9.28 Bn | 8.90 Bn | 509.00 Mn | 1.31 |
| 10 | Advance Auto Parts | 2.56 Bn | -559.88 Mn | 869.00 Mn | 0.72 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 3, 2026 | 0.72 |
| Oct 4, 2025 | 0.76 |
| Jul 12, 2025 | 0.83 |
| Apr 19, 2025 | 0.83 |
| Dec 28, 2024 | 0.78 |
| Oct 5, 2024 | 0.74 |
| Jul 13, 2024 | 0.75 |
| Apr 20, 2024 | 0.79 |
| Dec 30, 2023 | 0.84 |
| Oct 7, 2023 | 0.72 |
| Jul 15, 2023 | 0.75 |
| Apr 22, 2023 | 0.76 |
| Dec 31, 2022 | 0.76 |
| Oct 8, 2022 | 0.93 |
| Jul 16, 2022 | 0.94 |
| Apr 23, 2022 | 0.99 |
| Oct 9, 2021 | 0.93 |
| Jul 17, 2021 | 0.92 |
| Apr 24, 2021 | 0.91 |
| Jan 2, 2021 | 0.85 |