Advance Auto Parts, Inc. Gross Margin

Gross Margin of AAP for past 10 years: annual, quarterly and twelve month trailing (TTM) including Gross Margin growth rates and interactive chart. Gross profit margin shows the percentage of revenue that exceeds a company's costs of goods sold. It illustrates how well a company is generating revenue from the costs involved in producing their products and services. The higher the margin, the more effective the company's management is in generating revenue for each dollar of cost. Gross profit margin is calculated by subtracting the cost of goods sold from total revenue for the period and dividing that number by revenue. If a company has $200 million in revenue and $80 million in cost of goods sold, the gross margin is 60%.

Highlights and Quick Summary

  • Gross Margin for the quarter ending June 29, 2020 was 43.84% (a 0.85% increase compared to previous quarter)
  • Year-over-year quarterly Gross Margin increased by 0.16%
  • Annual Gross Margin for 2019 was 43.82% (a -0.5% decrease from previous year)
  • Annual Gross Margin for 2018 was 44.04% (a 1.06% increase from previous year)
  • Annual Gross Margin for 2017 was 43.58% (a -2.02% decrease from previous year)
  • Twelve month Gross Margin ending June 29, 2020 was 43.75% (a 0.32% increase compared to previous quarter)
  • Twelve month trailing Gross Margin decreased by -0.25% year-over-year
Trailing Gross Margin for the last four month:
29 Jun '20 30 Mar '20 30 Dec '19 29 Sep '19
43.75% 43.61% 43.82% 43.86%
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Historical Gross Margin of Advance Auto Parts, Inc.

Most recent Gross Marginof AAP including historical data for past 10 years.

Interactive Chart of Gross Margin of Advance Auto Parts, Inc.

Advance Auto Parts, Inc. Gross Margin for the past 10 Years (both Annual and Quarterly)

Year Q1 Q2 Q3 Q4 Fiscal Year
2020 43.84% 43.47%
2019 43.96% 43.77% 43.28% 44.19% 43.82%
2018 44.11% 44.26% 43.48% 44.27% 44.04%
2017 42.89% 43.43% 43.87% 43.96% 43.58%
2016 43.57% 43.94% 44.78% 45.3% 44.48%
2015 44.71% 44.98% 45.88% 45.88% 45.42%
2014 44.87% 45.18% 45.24% 45.57% 45.24%
2013 49.81% 50.19% 50.29% 50.03% 50.08%
2012 49.89% 49.77% 49.89% 50.1% 49.93%
2011 49.02% 49.45% 49.72% 50.48% 49.74%
2010 49.4% 50.32% 50.44% 49.75% 49.98%
2009 47.93% 49.22% 48.85%

Business Profile of Advance Auto Parts, Inc.

Sector: Retail/Wholesale
Industry: Nonfood Retail/Wh
Advance Auto Parts, Inc. provides automotive replacement parts, accessories, batteries, and maintenance items for domestic and imported cars, vans, sport utility vehicles, and light and heavy duty trucks. The company offers battery accessories; belts and hoses; brakes and brake pads; chassis and climate control parts; clutches and drive shafts; engines and engine parts; exhaust systems and parts; hub assemblies; ignition components and wires; radiators and cooling parts; starters and alternators; and steering and alignment parts. It also offers air conditioning chemicals and accessories; air fresheners; antifreeze and washer fluids; electrical wires and fuses; electronics; floor mats, seat covers, and interior accessories; hand and specialty tools; lighting products; performance parts; sealants, adhesives and compounds; tire repair accessories; vent shades, mirrors and exterior accessories; washes, waxes and cleaning supplies; and wiper blades. In addition, the company offers air filters; fuel and oil additives; fuel filters; grease and lubricants; motor oils; oil filters, part cleaners and treatments; and transmission fluids for engine maintenance. Further, it offers battery and wiper installation; engine light scanning checking; electrical system testing; video clinic; oil and battery recycling; and loaner tool program services. Additionally, the company sells its products through its Website. It serves professional installers and do-it-yourself customers. Advance Auto Parts, Inc. operates its stores under the Advance Auto Parts, Autopart International, Carquest, and Worldpac brand names. As of December 28, 2019, it operated 4,877 stores and 160 branches in the United States, Puerto Rico, the U.S. Virgin Islands, and Canada; and served 1,253 independently owned Carquest branded stores in Mexico, the Bahamas, Turks and Caicos, and the British Virgin Islands. The company was founded in 1929 and is based in Raleigh, North Carolina.