Advance Auto Parts (AAP) Gross Margin (2009 - 2026)
Advance Auto Parts (AAP) posted quarterly Gross Margin of 44.04% for Q1 2026, up 2661.0% YoY from 1.6% in Q1 2025, and up 1.79% sequentially from 43.27% in Q4 2025.
Advance Auto Parts (AAP) Gross Margin (2009 - 2026) Analysis & Trends
Advance Auto Parts has disclosed Gross Margin across 18 years of filings, most recently posting 44.04% for Q1 2026.
- In Q1 2026, Gross Margin rose 2661.0% year-over-year to 44.04%; the TTM figure through Jan 2026 stood at 43.4% (up 590.0% YoY), while the FY2026 annual figure was 43.4%, up 592.0% from the prior year.
- Gross Margin advanced to 44.04% in Q1 2026, from 43.27% in the prior quarter.
- Over the last five years, Gross Margin for AAP reached as high as 79.7% in Q4 2022 and fell as low as 17.43% in Q4 2024.
- The 5-year median for Gross Margin is 43.35% (2024), against an average of 43.55%.
- Annual changes were most pronounced in 2023 — Gross Margin tumbled 3902 bps — and 2026, when it soared 2661 bps.
- A 5-year view of Gross Margin shows it stood at 79.7% in 2022, then slumped by 49 bps to 40.68% in 2023, then slumped 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.
- According to Business Quant data, Gross Margin over the past three periods registered 44.04%, 43.27%, and 43.48% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Advance Auto Parts | 65.13 Bn | 62.01 Bn | 869.00 Mn | 44.04% |
| 2 | Autozone | 53.07 Bn | 52.82 Bn | 2.52 Bn | 52.15% |
| 3 | Magna International | 17.54 Bn | 16.29 Bn | 1.42 Bn | 13.71% |
| 4 | Genuine Parts | 16.15 Bn | 15.67 Bn | 2.34 Bn | 37.33% |
| 5 | Aurora Innovation | 13.77 Bn | 12.55 Bn | -5.00 Mn | -500.00% |
| 6 | Borgwarner | 13.21 Bn | 13.37 Bn | 677.00 Mn | 19.16% |
| 7 | Aptiv | 12.84 Bn | 9.76 Bn | 920.00 Mn | 18.09% |
| 8 | Autoliv | 8.73 Bn | 8.37 Bn | 526.00 Mn | 19.11% |
| 9 | Modine Manufacturing | 8.68 Bn | 8.59 Bn | 186.10 Mn | 23.12% |
| 10 | Mobileye Global | 7.90 Bn | 6.68 Bn | 275.00 Mn | 49.28% |
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% |