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% year-over-year from $1.9 billion in Q1 2025, and down 2.05% quarter-over-quarter from $1.8 billion in Q4 2025.
Advance Auto Parts (AAP) Operating Leases (2019 - 2026) Analysis & Trends
Advance Auto Parts (AAP) has reported Operating Leases for 8 consecutive years, with $1.8 billion the latest figure, recorded in 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 eased 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 Q2 2022 and bottomed at $1.8 billion in Q1 2026.
- Historically, Operating Leases has averaged $2.2 billion across 5 years, with a median of $2.2 billion in 2023.
- Annual changes were most pronounced in 2022 — Operating Leases advanced 15.2% — and 2024, when it declined 21.71%.
- Advance Auto Parts' Operating Leases stood at $2.7 billion in 2022, then dropped by 10.01% to $2.4 billion in 2023, then retreated by 21.71% to $1.9 billion in 2024, then slipped by 2.48% to $1.8 billion in 2025, then fell by 2.05% to $1.8 billion in 2026.
- Business Quant data shows AAP's Operating Leases at $1.8 billion in Q1 2026, $1.8 billion in Q4 2025, and $1.9 billion in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | O Reilly Automotive | 73.55 Bn | 73.29 Bn | 2.52 Bn |
| 2 | Autozone | 48.63 Bn | 48.38 Bn | 2.52 Bn |
| 3 | Magna International | 19.97 Bn | 18.54 Bn | 1.61 Bn |
| 4 | Genuine Parts | 18.42 Bn | 17.86 Bn | 2.47 Bn |
| 5 | Borgwarner | 13.72 Bn | 11.27 Bn | 721.00 Mn |
| 6 | Allison Transmission Holdings | 10.97 Bn | 10.57 Bn | 515.00 Mn |
| 7 | Aptiv | 10.30 Bn | 9.54 Bn | 775.00 Mn |
| 8 | Modine Manufacturing | 10.27 Bn | 10.20 Bn | - |
| 9 | Autoliv | 9.28 Bn | 8.90 Bn | 509.00 Mn |
| 10 | Advance Auto Parts | 2.55 Bn | -572.33 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 | 2.25 Bn |
| Jul 16, 2022 | 2.76 Bn |
| Apr 23, 2022 | 2.80 Bn |
| Jan 1, 2022 | 2.34 Bn |
| Oct 9, 2021 | 2.15 Bn |
| Jul 17, 2021 | 2.55 Bn |
| Apr 24, 2021 | 2.46 Bn |