Advance Auto Parts (AAP) Debt/Assets Ratio: History & Chart

Advance Auto Parts, Inc. (AAP)AAPAdvance Auto Parts, Inc.

About Advance Auto Parts, Inc.

Advance Auto Parts, Inc. operates as a leading retailer and supplier of a comprehensive array of automotive replacement components, accessories, batteries, and essential maintenance supplies. Its extensive inventory caters to a wide spectrum of vehicles, including domestic and imported passenger cars, vans, sport utility vehicles, and both light and heavy-duty trucks. The company's product offering is broad, encompassing critical mechanical systems such as brakes, engine parts, electrical and ignition components, cooling and heating systems, chassis, clutches, and exhaust systems. Beyond these core parts, it provides a diverse selection of accessories, specialty tools, interior and exterior enhancements, lighting products, performance upgrades, and a variety of chemicals, sealants, and cleaning supplies. Furthermore, Advance Auto Parts stocks all necessary fluids and filters for engine and transmission maintenance, including motor oils, lubricants, fuel additives, and air, fuel, and oil filters. In addition to product sales, the company supports its clientele with various services like battery and wiper installation, diagnostic engine light scanning, electrical system testing, oil and battery recycling, and a convenient loaner tool program. Products are accessible to both professional automotive technicians and do-it-yourself (DIY) enthusiasts through its physical store network and online platform. Advance Auto Parts operates stores under well-known banners such as Advance Auto Parts, Autopart International, and Carquest, along with Worldpac-branded branches. As of April 23, 2022, its expansive operational footprint included 4,687 company-owned stores and 311 branches situated across the United States, Puerto Rico, the U.S. Virgin Islands, and Canada. The company also supplied 1,318 independently owned Carquest-branded stores located in Mexico, Grand Cayman, the Bahamas, Turks and Caicos, and the British Virgin Islands. Founded in 1929, Advance Auto Parts, Inc. maintains its corporate headquarters in Raleigh, North Carolina.

Raleigh, NC

54,007 employees

www.advanceautoparts.com

Consumer Cyclical / Specialty Retail

Sector: Consumer Cyclical
Industry: Specialty Retail
CEO: Shane O'Kelly

View full financials

AAP Debt to Assets Ratio Metrics

DEBT TO ASSETS RATIO

44.30%

DEBT TO ASSETS RATIO AVG TTM

41.67%

DEBT TO ASSETS RATIO AVG 3Y

32.90%

DEBT TO ASSETS RATIO AVG 5Y

31.20%

DEBT TO ASSETS RATIO AVG 10Y

25.92%

DEBT TO ASSETS RATIO AVG 15Y

22.79%

DEBT TO ASSETS RATIO AVG 20Y

20.62%

CURRENT VS TTM AVG

+6.30%

CURRENT VS 3Y AVG

+34.67%

CURRENT VS 5Y AVG

+41.99%

CURRENT VS 10Y AVG

+70.89%

CURRENT VS 15Y AVG

+94.36%

CURRENT VS 20Y AVG

+114.80%

SECTOR MEDIAN · CONSUMER CYCLICAL

0.40%

median of 86 covered companies

CURRENT VS SECTOR MEDIAN

+10975.09%

vs the sector median at left

NAME	MARKET CAP	DEBT TO ASSETS RATIO	TTM	3Y	5Y
Advance Auto Parts, Inc. (AAP)	$3.36B	44.30%	41.67%	32.90%	31.20%
American Eagle Outfitters, Inc. (AEO)vs ›	$2.85B	0.43%	N/A	N/A	N/A
Thor Industries, Inc. (THO)vs ›	$3.99B	0.13%	N/A	N/A	N/A
Abercrombie & Fitch Co. (ANF)vs ›	$4.17B	0.33%	N/A	N/A	N/A
The Buckle, Inc. (BKE)vs ›	$2.19B	0.39%	N/A	N/A	N/A
Lucid Group, Inc. (LCID)vs ›	$2.00B	0.10%	N/A	N/A	N/A
Vail Resorts, Inc. (MTN)vs ›	$5.19B	0.60%	N/A	N/A	N/A
Carter's Inc. (CRI)vs ›	$1.43B	0.47%	N/A	N/A	N/A
Liquidity Services, Inc. (LQDT)vs ›	$1.17B	0.04%	N/A	N/A	N/A
Petco Health and Wellness Company, Inc. (WOOF)vs ›	$745.33M	0.55%	N/A	N/A	N/A

NAME

MARKET CAP

DEBT TO ASSETS RATIO

TTM

Advance Auto Parts, Inc. (AAP)

$3.36B

44.30%

41.67%

32.90%

31.20%

American Eagle Outfitters, Inc. (AEO)vs ›

$2.85B

0.43%

N/A

Thor Industries, Inc. (THO)vs ›

$3.99B

0.13%

N/A

Abercrombie & Fitch Co. (ANF)vs ›

$4.17B

0.33%

N/A

The Buckle, Inc. (BKE)vs ›

$2.19B

0.39%

N/A

Lucid Group, Inc. (LCID)vs ›

$2.00B

0.10%

N/A

Vail Resorts, Inc. (MTN)vs ›

$5.19B

0.60%

N/A

Carter's Inc. (CRI)vs ›

$1.43B

0.47%

N/A

Liquidity Services, Inc. (LQDT)vs ›

$1.17B

0.04%

N/A

Petco Health and Wellness Company, Inc. (WOOF)vs ›

$745.33M

0.55%

N/A

Debt to Assets Ratio FAQ

What is the debt to assets ratio for Advance Auto Parts, Inc. (AAP)?

The debt to assets ratio for AAP stock is 44.30%.

Is Advance Auto Parts, Inc.'s debt to assets ratio high or low?

The debt to assets ratio of 44.30% is 34% above its 5-year average of 33.12%, near the high end of its 5-year range (26.40%–44.30%).

What is the TTM average debt to assets ratio for Advance Auto Parts, Inc. (AAP)?

The TTM average debt to assets ratio for AAP stock is 41.67%.

What is the 3Y average debt to assets ratio for Advance Auto Parts, Inc. (AAP)?

The 3Y average debt to assets ratio for AAP stock is 32.90%.

What is the 5Y average debt to assets ratio for Advance Auto Parts, Inc. (AAP)?

The 5Y average debt to assets ratio for AAP stock is 31.20%.

What is the 10Y average debt to assets ratio for Advance Auto Parts, Inc. (AAP)?

The 10Y average debt to assets ratio for AAP stock is 25.92%.

What is the 15Y average debt to assets ratio for Advance Auto Parts, Inc. (AAP)?

The 15Y average debt to assets ratio for AAP stock is 22.79%.

What is the 20Y average debt to assets ratio for Advance Auto Parts, Inc. (AAP)?

The 20Y average debt to assets ratio for AAP stock is 20.62%.

DATE	DEBT TO ASSETS RATIO
2026-04-25	44.30%
2026-01-03	44.17%
2025-10-04	43.63%
2025-07-12	34.60%
2025-04-19	34.58%
2024-12-28	34.14%
2024-10-05	30.53%
2024-07-13	32.26%
2024-04-20	32.61%
2023-12-30	31.17%
2023-10-07	32.62%
2023-07-15	33.57%
2023-04-22	34.23%
2022-12-31	30.46%
2022-10-08	29.88%
2022-07-16	29.52%
2022-04-23	29.31%
2022-01-01	27.65%
2021-10-09	26.87%
2021-07-17	26.40%
2021-04-24	25.86%
2021-01-02	25.74%
2020-10-03	25.45%
2020-07-11	27.51%
2020-04-18	30.96%
2019-12-28	24.58%
2019-10-05	24.71%
2019-07-13	28.65%
2019-04-20	25.28%
2018-12-29	11.57%
2018-10-06	11.65%
2018-07-14	11.83%
2018-04-21	12.13%
2017-12-30	12.31%
2017-10-07	12.33%
2017-07-15	12.37%
2017-04-22	12.74%
2016-12-31	12.55%
2016-10-08	12.40%
2016-07-16	13.87%
2016-04-23	14.58%
2016-01-02	14.85%
2015-10-10	15.81%
2015-07-18	17.80%
2015-04-25	19.77%
2015-01-03	20.56%
2014-10-04	21.70%
2014-07-12	23.45%
2014-04-19	26.19%
2013-12-28	18.93%
2013-10-05	12.24%
2013-07-13	12.47%
2013-04-20	12.74%
2012-12-29	13.11%
2012-10-06	13.78%
2012-07-14	14.40%
2012-04-21	14.85%
2011-12-31	11.38%
2011-10-08	16.32%
2011-07-16	15.72%
2011-04-23	12.08%
2011-01-01	9.00%
2010-10-09	8.90%
2010-07-17	9.08%
2010-04-24	8.71%
2010-01-02	6.65%
2009-10-10	8.83%
2009-08-15	9.18%
2009-04-25	9.60%
2009-01-03	16.08%
2008-10-04	15.66%
2008-07-12	15.23%
2008-04-19	19.36%
2007-12-29	24.57%
2007-10-06	21.26%
2007-07-14	18.11%
2007-04-21	14.74%
2006-12-30	19.06%
2006-10-07	18.32%
2006-07-15	17.87%
2006-04-22	17.30%
2005-12-31	19.23%
2005-10-08	18.36%
2005-07-16	19.12%
2005-04-23	20.10%
2005-01-01	22.26%
2004-10-09	18.03%
2004-07-17	16.30%
2004-04-24	19.72%
2004-01-03	24.01%
2003-10-04	23.88%
2003-07-12	27.49%
2003-04-19	34.23%
2002-12-28	37.43%
2002-10-05	37.10%
2002-07-13	37.38%

DATE

DEBT TO ASSETS RATIO

2026-04-25

44.30%

2026-01-03

44.17%

2025-10-04

43.63%

2025-07-12

34.60%

2025-04-19

34.58%

2024-12-28

34.14%

2024-10-05

30.53%

2024-07-13

32.26%

2024-04-20

32.61%

2023-12-30

31.17%

2023-10-07

32.62%

2023-07-15

33.57%

2023-04-22

34.23%

2022-12-31

30.46%

2022-10-08

29.88%

2022-07-16

29.52%

2022-04-23

29.31%

2022-01-01

27.65%

2021-10-09

26.87%

2021-07-17

26.40%

2021-04-24

25.86%

2021-01-02

25.74%

2020-10-03

25.45%

2020-07-11

27.51%

2020-04-18

30.96%

2019-12-28

24.58%

2019-10-05

24.71%

2019-07-13

28.65%

2019-04-20

25.28%

2018-12-29

11.57%

2018-10-06

11.65%

2018-07-14

11.83%

2018-04-21

12.13%

2017-12-30

12.31%

2017-10-07

12.33%

2017-07-15

12.37%

2017-04-22

12.74%

2016-12-31

12.55%

2016-10-08

12.40%

2016-07-16

13.87%

2016-04-23

14.58%

2016-01-02

14.85%

2015-10-10

15.81%

2015-07-18

17.80%

2015-04-25

19.77%

2015-01-03

20.56%

2014-10-04

21.70%

2014-07-12

23.45%

2014-04-19

26.19%

2013-12-28

18.93%

2013-10-05

12.24%

2013-07-13

12.47%

2013-04-20

12.74%

2012-12-29

13.11%

2012-10-06

13.78%

2012-07-14

14.40%

2012-04-21

14.85%

2011-12-31

11.38%

2011-10-08

16.32%

2011-07-16

15.72%

2011-04-23

12.08%

2011-01-01

9.00%

2010-10-09

8.90%

2010-07-17

9.08%

2010-04-24

8.71%

2010-01-02

6.65%

2009-10-10

8.83%

2009-08-15

9.18%

2009-04-25

9.60%

2009-01-03

16.08%

2008-10-04

15.66%

2008-07-12

15.23%

2008-04-19

19.36%

2007-12-29

24.57%

2007-10-06

21.26%

2007-07-14

18.11%

2007-04-21

14.74%

2006-12-30

19.06%

2006-10-07

18.32%

2006-07-15

17.87%

2006-04-22

17.30%

2005-12-31

19.23%

2005-10-08

18.36%

2005-07-16

19.12%

2005-04-23

20.10%

2005-01-01

22.26%

2004-10-09

18.03%

2004-07-17

16.30%

2004-04-24

19.72%

2004-01-03

24.01%

2003-10-04

23.88%

2003-07-12

27.49%

2003-04-19

34.23%

2002-12-28

37.43%

2002-10-05

37.10%

2002-07-13

37.38%

Debt to Assets Ratio: 44.30%

AAP Debt to Assets Ratio

AAP Average Debt to Assets Ratio Chart

AAP Current vs Average Debt to Assets Ratio Chart

AAP Debt to Assets Ratio Metrics

AAP Competitors' Debt to Assets Ratio

Leverage Ratios Comparison

Debt to Assets Ratio Formula & Definition

Debt to Assets Ratio FAQ

AAP Debt to Assets Ratio History

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