Advance Auto Parts Inc. (AAP) intrinsic value & 10-year financials
Advance Auto Parts Inc. (AAP) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 10 fiscal years revenue shrank 1.5% a year to $8.6B, with an average return on invested capital of 7.6%.
- Graham intrinsic value
- —
- Share price (Oct 17, 2026)
- $44.45
- Market cap
- $2.7B
- Revenue (FY2026)
- $8.6B
- Revenue growth (10-yr CAGR)
- -1.5%
- ROIC (10-yr avg)
- 7.6%
- Free cash flow (FY2026)
- -$298.0M
AAP 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2026 | $8.6B | $44.0M | $0.73 | -$298.0M | -0.5% | -0.5% |
| FY2024 | $9.1B | -$335.8M | -$5.61 | -$96.2M | -7.8% | -9.3% |
| FY2023 | $11.3B | $29.7M | $0.50 | $45.0M | 1.0% | 1.8% |
| FY2022 | $11.2B | $501.9M | $8.27 | $298.2M | 6.4% | 9.3% |
| FY2021 | $10.1B | $493.0M | $7.14 | $702.1M | 7.4% | 9.7% |
| FY2019 | $9.7B | $486.9M | $6.84 | $596.8M | 7.0% | 10.8% |
| FY2018 | $9.6B | $423.8M | $5.73 | $617.3M | 6.3% | 12.1% |
| FY2017 | $9.4B | $475.5M | $6.42 | $411.0M | 6.1% | 13.5% |
| FY2016 | $9.6B | $459.6M | $6.20 | $241.3M | 8.2% | 13.3% |
| FY2015 | $9.8B | $493.8M | $6.71 | $480.5M | 8.7% | 15.2% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
ADVANCE AUTO PARTS INC is facing top-line stagnation, with revenue contracting over the decade.
ADVANCE AUTO PARTS INC has historically struggled to out-earn its cost of capital, averaging just 7.6% ROIC.
Over the decade, ADVANCE AUTO PARTS INC shows that management has aggressively returned capital to shareholders by retiring 17.5% of outstanding shares.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, ADVANCE AUTO PARTS INC is modeled at -19.3% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $-18.91 per share.