Advance Auto Parts (AAP) Operating Leases (2019 - 2026)
Advance Auto Parts (AAP) reported Operating Leases of $1.8 billion for Q1 2026, down 4.48% year-over-year from $1.9 billion in Q1 2025, and down 2.05% on a QoQ basis from $1.8 billion in Q4 2025.
Advance Auto Parts (AAP) has 8 years of Operating Leases data on file, last reported at $1.8 billion in Q1 2026.
- Quarterly Operating Leases fell 4.48% year-over-year to $1.8 billion in Q1 2026, while the trailing twelve-month figure through Jan 2026 was $1.8 billion (down 4.48% YoY) and the FY2026 annual result came in at $1.8 billion, down 4.48% from the prior year.
- Operating Leases retreated to $1.8 billion in Q1 2026 per AAP's latest filing, from $1.8 billion in the prior quarter.
- Across five years, Operating Leases topped out at $2.8 billion in Q1 2022 and bottomed at $1.8 billion in Q1 2026.
- The 5-year median for Operating Leases is $2.2 billion (2023), against an average of $2.2 billion.
- The widest annual swing landed in 2022, when Operating Leases jumped 39.13%; it then slipped 21.71% in 2024.
- Tracing AAP's Operating Leases over 5 years: stood at $2.3 billion in 2022, then grew by 6.36% to $2.4 billion in 2023, then dropped by 21.71% to $1.9 billion in 2024, then fell by 2.48% to $1.8 billion in 2025, then slipped by 2.05% to $1.8 billion in 2026.
- Per Business Quant, the three latest AAP Operating Leases figures stand at $1.8 billion (Q1 2026), $1.8 billion (Q4 2025), and $1.9 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | O Reilly Automotive | 77.46 Bn | 77.21 Bn | 2.35 Bn |
| 2 | Autozone | 56.88 Bn | 56.59 Bn | 2.24 Bn |
| 3 | Genuine Parts | 13.45 Bn | 12.97 Bn | 2.34 Bn |
| 4 | Modine Manufacturing | 13.16 Bn | 13.07 Bn | 186.10 Mn |
| 5 | Borgwarner | 13.07 Bn | 13.23 Bn | 677.00 Mn |
| 6 | Aptiv | 11.89 Bn | 8.82 Bn | 920.00 Mn |
| 7 | Magna International | 10.79 Bn | 9.60 Bn | 1.42 Bn |
| 8 | Allison Transmission Holdings | 9.02 Bn | 8.71 Bn | 406.00 Mn |
| 9 | Autoliv | 9.01 Bn | 8.66 Bn | 526.00 Mn |
| 10 | Advance Auto Parts | 3.51 Bn | 386.54 Mn | 869.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 3, 2026 | 1.81 Bn |
| Oct 4, 2025 | 1.85 Bn |
| Jul 12, 2025 | 1.85 Bn |
| Apr 19, 2025 | 1.88 Bn |
| Dec 28, 2024 | 1.90 Bn |
| Oct 5, 2024 | 2.02 Bn |
| Jul 13, 2024 | 2.18 Bn |
| Apr 20, 2024 | 2.19 Bn |
| Dec 30, 2023 | 2.42 Bn |
| Oct 7, 2023 | 2.21 Bn |
| Jul 15, 2023 | 2.25 Bn |
| Apr 22, 2023 | 2.27 Bn |
| Dec 31, 2022 | 2.69 Bn |
| Oct 8, 2022 | 2.71 Bn |
| Jul 16, 2022 | 2.30 Bn |
| Apr 23, 2022 | 2.80 Bn |
| Jan 1, 2022 | 2.34 Bn |
| Oct 9, 2021 | 2.61 Bn |
| Jul 17, 2021 | 2.09 Bn |
| Apr 24, 2021 | 2.04 Bn |
| Jan 2, 2021 | 2.01 Bn |
| Oct 3, 2020 | 2.46 Bn |
| Jul 11, 2020 | 2.04 Bn |
| Apr 18, 2020 | 2.00 Bn |
| Dec 28, 2019 | 2.02 Bn |
| Oct 5, 2019 | 2.00 Bn |
| Jul 13, 2019 | 2.03 Bn |
| Apr 20, 2019 | 2.50 Bn |