O’Reilly Automotive Inc (ORLY)

Debt-to-equity ratio

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Long-term debt	US$ in thousands	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Total stockholders’ equity	US$ in thousands	-1,370,960	-1,439,060	-1,583,390	-1,391,200	-1,739,280	-1,760,470	-1,627,470	-1,625,020	-1,060,750	-1,205,460	-1,107,430	-328,273	-66,423	-140,853	217,694	-6,977	140,258	709,225	589,100	108,844
Debt-to-equity ratio		—	—	—	—	—	—	—	—	—	—	—	—	—	—	0.00	—	0.00	0.00	0.00	0.00

December 31, 2024 calculation

Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $-1,370,960K
= —

The debt-to-equity ratio for O’Reilly Automotive Inc has been consistently reported as 0.00 from March 31, 2020, to June 30, 2021. This indicates that the company has been operating with no debt during this period and has been primarily financed by equity. A debt-to-equity ratio of 0.00 suggests a strong financial position with no debt obligations relative to equity.

However, from March 31, 2021, onwards, the data shows "—" which implies that the exact debt-to-equity ratio figures are not available for the subsequent periods up to December 31, 2024. The absence of specific data points may be due to various reasons such as changes in reporting practices, the company's strategic decisions regarding its capital structure, or fluctuations in debt and equity levels that are not captured in the available dataset.

It is important to note that without the specific debt-to-equity ratio figures for the latter period, it is challenging to assess the company's leverage and financial risk accurately. Further analysis and access to the complete financial statements would be necessary to provide a more comprehensive evaluation of O’Reilly Automotive Inc's capital structure over time.