Company
Advance Auto Parts, Inc.
Headquarters: Raleigh, NC, United States
Founded: April 29, 1932
Employees: 41,000
CEO: Mr. Thomas R. Greco
Market Cap
$3.72 Billion
USD as of Jan. 1, 2024
Advance Auto Parts, Inc. Categories
United States Consumer Discretionary Specialty RetailUnited States Consumer Discretionary United States Specialty Retail
Top Competitors by Market Capitalization
Industry: Specialty Retail
| Company | Market Cap (USD) |
|---|---|
| O'Reilly Automotive, Inc. | $55.83 B |
| AutoZone, Inc. | $44.40 B |
| Tractor Supply Company | $23.25 B |
| Ulta Beauty, Inc. | $23.01 B |
| Genuine Parts Company | $19.09 B |
Detailed Description
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 and 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. The company operates stores under the Advance Auto Parts, Autopart International, and Carquest brands, as well as branches under the Worldpac name. As of January 2, 2022, it operated 4,706 stores and 266 branches in the United States, Puerto Rico, the U.S. Virgin Islands, and Canada; and served 1,317 independently owned Carquest branded stores in Mexico, Grand Cayman, the Bahamas, Turks and Caicos, and the British Virgin Islands. The company was founded in 1929 and is based in Raleigh, North Carolina.
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Stocks & Indices
Advance Auto Parts, Inc. has the following listings and related stock indices.
Stock: NYSE: AAP wb_incandescent
Stock: Bovespa: A1AP34 wb_incandescent
Stock: FSX: AWN wb_incandescent
Product & Services
Replacement automotive parts & accessories
Key People
Founder(s): Arthur Taubman
Jeffrey C. Smith Chair, Board of Directors Tom Greco (CEO, President) Jeff Shepherd (CFO)
Financials
Revenue: US$10.11 Billion (2020)
Operating income: US$749.9 Million (2020)
Net income: US$493.02 Million (2020)
Total assets: US$11.84 Billion (2020)
Total equity: US$3.763 Billion (2020)