Advance Auto Parts (AAP) Operating Leases (2019 - 2026)
Advance Auto Parts (AAP) posted quarterly Operating Leases of $1.8 billion for Q1 2026, down 4.48% YoY from $1.9 billion in Q1 2025, and down 2.05% sequentially from $1.8 billion in Q4 2025.
Advance Auto Parts (AAP) Operating Leases (2019 - 2026) Analysis & Trends
Advance Auto Parts has disclosed Operating Leases across 8 years of filings, most recently posting $1.8 billion for Q1 2026.
- In Q1 2026, Operating Leases fell 4.48% year-over-year to $1.8 billion; the TTM figure through Jan 2026 stood at $1.8 billion (down 4.48% YoY), while the FY2026 annual figure was $1.8 billion, down 4.48% from the prior year.
- Operating Leases slipped to $1.8 billion in Q1 2026, from $1.8 billion in the prior quarter.
- Over the last five years, Operating Leases for AAP reached as high as $2.8 billion in Q1 2022 and fell as low as $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.
- Annual changes were most pronounced in 2022 — Operating Leases soared 39.13% — and 2024, when it declined 21.71%.
- A 5-year view of Operating Leases shows it stood at $2.3 billion in 2022, then rose by 6.36% to $2.4 billion in 2023, then fell by 21.71% to $1.9 billion in 2024, then decreased by 2.48% to $1.8 billion in 2025, then declined by 2.05% to $1.8 billion in 2026.
- According to Business Quant data, Operating Leases over the past three periods registered $1.8 billion, $1.8 billion, and $1.9 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Advance Auto Parts | 65.13 Bn | 62.01 Bn | 869.00 Mn |
| 2 | Autozone | 53.07 Bn | 52.82 Bn | 2.52 Bn |
| 3 | Magna International | 17.54 Bn | 16.29 Bn | 1.42 Bn |
| 4 | Genuine Parts | 16.15 Bn | 15.67 Bn | 2.34 Bn |
| 5 | Aurora Innovation | 13.77 Bn | 12.55 Bn | -5.00 Mn |
| 6 | Borgwarner | 13.21 Bn | 13.37 Bn | 677.00 Mn |
| 7 | Aptiv | 12.84 Bn | 9.76 Bn | 920.00 Mn |
| 8 | Autoliv | 8.73 Bn | 8.37 Bn | 526.00 Mn |
| 9 | Modine Manufacturing | 8.68 Bn | 8.59 Bn | 186.10 Mn |
| 10 | Mobileye Global | 7.90 Bn | 6.68 Bn | 275.00 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 | 2.28 Bn |
| Oct 8, 2022 | 2.71 Bn |
| Jul 16, 2022 | 2.76 Bn |
| Apr 23, 2022 | 2.33 Bn |
| Jan 1, 2022 | 2.80 Bn |
| Oct 9, 2021 | 2.61 Bn |
| Jul 17, 2021 | 2.55 Bn |
| Apr 24, 2021 | 2.04 Bn |