Growth Metrics

Advance Auto Parts (AAP) Tax Rate (2016 - 2026)

Advance Auto Parts (AAP) has disclosed Tax Rate for 16 consecutive years, with 2.34% as the latest value for Q4 2024.

  • On a quarterly basis, Tax Rate rose 172.0% to 2.34% in Q4 2024 year-over-year; TTM through Dec 2024 was 3.52%, a 8394.0% decrease, with the full-year FY2026 number at 174.73%, up 17824.0% from a year prior.
  • Tax Rate was 2.34% for Q4 2024 at Advance Auto Parts, up from 58.46% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 68.43% in Q2 2024 to a low of 58.46% in Q4 2024.
  • A 5-year average of 21.92% and a median of 24.35% in 2021 define the central range for Tax Rate.
  • Biggest YoY gain for Tax Rate was 3997bps in 2024; the steepest drop was -8241bps in 2024.
  • Advance Auto Parts' Tax Rate stood at 25.34% in 2020, then decreased by -7bps to 23.65% in 2021, then surged by 101bps to 47.47% in 2022, then tumbled by -99bps to 0.62% in 2023, then surged by 280bps to 2.34% in 2024.
  • Per Business Quant, the three most recent readings for AAP's Tax Rate are 2.34% (Q4 2024), 58.46% (Q4 2024), and 38.87% (Q3 2024).