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% 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 8 years of Operating Leases data on file, last reported at $1.8 billion in Q1 2026.
- Operating Leases for Q1 2026 came in at $1.8 billion, down 4.48% year-over-year; the trailing twelve-month figure through Jan 2026 was $1.8 billion (down 4.48% YoY), and the FY2026 annual result was $1.8 billion, down 4.48% from the prior year.
- Operating Leases fell to $1.8 billion in Q1 2026 per AAP's latest filing, from $1.8 billion in the prior quarter.
- Over five years, Operating Leases peaked at $2.8 billion in Q1 2022 and troughed at $1.8 billion in Q1 2026.
- A 5-year average of $2.2 billion and a median of $2.2 billion in 2023 frame the typical range for Operating Leases.
- The sharpest annual moves came in 2022 and 2024: Operating Leases soared 39.13% in 2022, then declined 21.71% in 2024.
- 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.
- 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | O Reilly Automotive | 76.00 Bn | 75.75 Bn | 2.35 Bn |
| 2 | Autozone | 51.46 Bn | 51.20 Bn | 2.52 Bn |
| 3 | Modine Manufacturing | 15.07 Bn | 14.98 Bn | 186.10 Mn |
| 4 | Borgwarner | 14.88 Bn | 15.05 Bn | 677.00 Mn |
| 5 | Genuine Parts | 14.73 Bn | 14.25 Bn | 2.34 Bn |
| 6 | Aptiv | 13.96 Bn | 10.89 Bn | 920.00 Mn |
| 7 | Aurora Innovation | 11.93 Bn | 10.71 Bn | -5.00 Mn |
| 8 | Magna International | 10.79 Bn | 9.60 Bn | 1.42 Bn |
| 9 | Allison Transmission Holdings | 10.06 Bn | 9.75 Bn | 406.00 Mn |
| 10 | Advance Auto Parts | 3.62 Bn | 499.15 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 | 2.28 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 |