Advance Auto Parts Inc (AAP)
Operating profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Oct 7, 2023 | Sep 30, 2023 | Jul 15, 2023 | Jun 30, 2023 | Apr 22, 2023 | Mar 31, 2023 | Dec 31, 2022 | Oct 8, 2022 | Sep 30, 2022 | Jun 30, 2022 | Apr 23, 2022 | Mar 31, 2022 | Dec 31, 2021 | Oct 9, 2021 | Sep 30, 2021 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | -661,827 | 109,609 | 48,253 | -67,194 | -27,255 | 155,679 | 314,570 | 448,265 | 454,307 | 490,960 | 570,220 | 694,960 | 766,228 | 808,927 | 744,191 | 758,650 | 784,578 | 815,786 | 948,252 | 971,183 |
| Revenue (ttm) | US$ in thousands | 10,233,310 | 10,702,160 | 11,273,250 | 11,309,280 | 10,589,100 | 10,810,300 | 11,508,810 | 12,207,320 | 11,994,990 | 11,950,260 | 11,174,010 | 10,421,850 | 11,314,910 | 12,047,780 | 11,803,420 | 11,759,220 | 11,013,650 | 10,288,860 | 10,541,300 | 11,250,440 |
| Operating profit margin | -6.47% | 1.02% | 0.43% | -0.59% | -0.26% | 1.44% | 2.73% | 3.67% | 3.79% | 4.11% | 5.10% | 6.67% | 6.77% | 6.71% | 6.30% | 6.45% | 7.12% | 7.93% | 9.00% | 8.63% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $-661,827K ÷ $10,233,310K
= -6.47%
The operating profit margin of Advance Auto Parts Inc has shown a declining trend over the periods covered in the data. Starting at 8.63% in September 2021, the margin improved to 9.00% in October 2021 but then began to decrease significantly. By December 2024, the operating profit margin had dropped to -6.47%, indicating that the company's operating expenses were surpassing its operating income. This suggests potential operational challenges or inefficiencies within the company that may need to be addressed to improve profitability. Management should closely monitor and analyze the factors contributing to this downward trend to implement corrective actions and improve the company's financial performance.
Peer comparison
Dec 31, 2024