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
DateValue
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