Advance Auto Parts (AAP) Gross Margin (2009 - 2026)
Advance Auto Parts (AAP) reported Gross Margin of 44.04% for Q1 2026, up 2661.0% year-over-year from 1.6% in Q1 2025, and up 1.79% quarter-over-quarter from 43.27% in Q4 2025.
Advance Auto Parts (AAP) Gross Margin (2009 - 2026) Analysis & Trends
Advance Auto Parts (AAP) has 18 years of Gross Margin data on file, last reported at 44.04% in Q1 2026.
- Gross Margin for Q1 2026 came in at 44.04%, up 2661.0% year-over-year; the trailing twelve-month figure through Jan 2026 was 43.4% (up 590.0% YoY), and the FY2026 annual result was 43.4%, up 592.0% from the prior year.
- Gross Margin rose to 44.04% in Q1 2026 per AAP's latest filing, from 43.27% in the prior quarter.
- Over five years, Gross Margin peaked at 79.7% in Q4 2022 and troughed at 17.43% in Q4 2024.
- A 5-year average of 43.55% and a median of 43.35% in 2024 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2023 and 2026: Gross Margin sank 3902 bps in 2023, then soared 2661 bps in 2026.
- A 5-year view of Gross Margin shows it stood at 79.7% in 2022, then plunged by 49 bps to 40.68% in 2023, then plunged by 57 bps to 17.43% in 2024, then soared by 148 bps to 43.27% in 2025, then advanced by 2 bps to 44.04% in 2026.
- Business Quant data shows AAP's Gross Margin at 44.04% in Q1 2026, 43.27% in Q4 2025, and 43.48% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | O Reilly Automotive | 76.00 Bn | 75.75 Bn | 2.35 Bn | 51.47% |
| 2 | Autozone | 51.46 Bn | 51.20 Bn | 2.52 Bn | 52.15% |
| 3 | Modine Manufacturing | 15.07 Bn | 14.98 Bn | 186.10 Mn | 23.12% |
| 4 | Borgwarner | 14.88 Bn | 15.05 Bn | 677.00 Mn | 19.16% |
| 5 | Genuine Parts | 14.73 Bn | 14.25 Bn | 2.34 Bn | 37.33% |
| 6 | Aptiv | 13.96 Bn | 10.89 Bn | 920.00 Mn | 18.09% |
| 7 | Aurora Innovation | 11.93 Bn | 10.71 Bn | -5.00 Mn | -500.00% |
| 8 | Magna International | 10.79 Bn | 9.60 Bn | 1.42 Bn | 13.71% |
| 9 | Allison Transmission Holdings | 10.06 Bn | 9.75 Bn | 406.00 Mn | 28.88% |
| 10 | Advance Auto Parts | 3.62 Bn | 499.15 Mn | 869.00 Mn | 44.04% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 3, 2026 | 44.04% |
| Oct 4, 2025 | 43.27% |
| Jul 12, 2025 | 43.48% |
| Apr 19, 2025 | 42.93% |
| Dec 28, 2024 | 17.43% |
| Oct 5, 2024 | 42.27% |
| Jul 13, 2024 | 43.62% |
| Apr 20, 2024 | 43.43% |
| Dec 30, 2023 | 40.68% |
| Oct 7, 2023 | 36.86% |
| Jul 15, 2023 | 42.46% |
| Apr 22, 2023 | 42.78% |
| Dec 31, 2022 | 79.70% |
| Oct 8, 2022 | 44.65% |
| Jul 16, 2022 | 44.49% |
| Apr 23, 2022 | 44.65% |
| Oct 9, 2021 | 45.11% |
| Jul 17, 2021 | 44.89% |
| Apr 24, 2021 | 44.59% |
| Jan 2, 2021 | 45.82% |