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% 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 reported Gross Margin for 18 consecutive years, with 44.04% the latest figure, recorded in 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 climbed to 44.04% in Q1 2026 per AAP's latest filing, from 43.27% in the prior quarter.
- Across five years, Gross Margin topped out at 79.7% in Q4 2022 and bottomed at 17.43% in Q4 2024.
- Historically, Gross Margin has averaged 43.55% across 5 years, with a median of 43.35% in 2024.
- Annual changes were most pronounced in 2023 — Gross Margin sank 3902 bps — and 2026, when it soared 2661 bps.
- Advance Auto Parts' Gross Margin stood at 79.7% in 2022, then sank by 49 bps to 40.68% in 2023, then sank by 57 bps to 17.43% in 2024, then jumped by 148 bps to 43.27% in 2025, then climbed 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 | 73.54 Bn | 73.28 Bn | 2.52 Bn | 51.45% |
| 2 | Autozone | 48.78 Bn | 48.52 Bn | 2.52 Bn | 52.15% |
| 3 | Magna International | 19.33 Bn | 17.90 Bn | 1.61 Bn | 14.68% |
| 4 | Genuine Parts | 18.26 Bn | 17.70 Bn | 2.47 Bn | 37.80% |
| 5 | Borgwarner | 13.15 Bn | 10.70 Bn | 721.00 Mn | 19.76% |
| 6 | Allison Transmission Holdings | 10.71 Bn | 10.31 Bn | 515.00 Mn | 32.89% |
| 7 | Modine Manufacturing | 10.08 Bn | 10.00 Bn | - | - |
| 8 | Aptiv | 9.95 Bn | 9.19 Bn | 775.00 Mn | 23.67% |
| 9 | Autoliv | 9.00 Bn | 8.63 Bn | 509.00 Mn | 18.16% |
| 10 | Advance Auto Parts | 2.51 Bn | -608.40 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% |