ADVANCE AUTO PARTS INC

For the period ended Dec 28, 2024. Filed Feb 26, 2025.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Feb 26, 2025

AAP$45.94+1.0%Stored close · as of Nov 9, 2026

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Contents

Consolidated Balance Sheets

(in thousands, except per share data)

	December 28, 2024	December 30, 2023
Assets
Current assets:
Cash and cash equivalents	$1,869,417	$488,049
Receivables, net	544,040	609,528
Inventories	3,612,081	3,893,569
Other current assets	118,002	180,402
Current assets held for sale	—	1,205,473
Total current assets	6,143,540	6,377,021
Property and equipment, net of accumulated depreciation of $3,060,247 and $2,729,208	1,334,338	1,555,985
Operating lease right-of-use assets	2,242,602	2,347,073
Goodwill	598,217	601,159
Other intangible assets, net	405,751	419,161
Other noncurrent assets	73,661	85,988
Noncurrent assets held for sale	—	889,939
Total assets	$10,798,109	$12,276,326
Liabilities and Stockholders’ Equity
Current liabilities:
Accounts payable	$3,407,889	$3,526,079
Accrued expenses	784,635	616,067
Other current liabilities	472,833	396,408
Current liabilities held for sale	—	768,851
Total current liabilities	4,665,357	5,307,405
Long-term debt	1,789,161	1,786,361
Non-current operating lease liabilities	1,897,165	2,039,908
Deferred income taxes	192,671	355,635
Other long-term liabilities	83,813	83,538
Noncurrent liabilities held for sale	—	183,751
Total liabilities	8,628,167	9,756,598
Commitments and contingencies
Stockholders’ equity:
Preferred stock, nonvoting, $0.0001 par value,10,000 shares authorized; no shares issued or outstanding	—	—
Common stock, voting, $0.0001 par value, 200,000 shares authorized; 77,721 shares issued and 59,774 outstanding at December 28, 2024 and 77,349 shares issued and 59,512 outstanding at December 30, 2023	8	8
Additional paid-in capital	993,691	946,099
Treasury stock, at cost, 17,947 and 17,837 shares	(2,939,787)	(2,933,286)
Accumulated other comprehensive loss	(47,146)	(52,232)
Retained earnings	4,163,176	4,559,139
Total stockholders’ equity	2,169,942	2,519,728
Total liabilities and stockholders’ equity	$10,798,109	$12,276,326

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.