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

Advance Auto Parts, Inc.(AAP)

Specialty Retail · Raleigh, NC

$43.47-1.54 (-3.42%)

Delayed quote: Sep 15, 2026, 4:00 PM EDT

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

shop.advanceautoparts.com

Consumer Cyclical / Specialty Retail

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

View full financials

AAP Debt to Equity Ratio Metrics

DEBT TO EQUITY RATIO

2.31

DEBT TO EQUITY RATIO AVG TTM

2.36

DEBT TO EQUITY RATIO AVG 3Y

1.84

DEBT TO EQUITY RATIO AVG 5Y

1.44

DEBT TO EQUITY RATIO AVG 10Y

1.11

DEBT TO EQUITY RATIO AVG 15Y

0.95

DEBT TO EQUITY RATIO AVG 20Y

0.73

CURRENT VS TTM AVG

-2.21%

CURRENT VS 3Y AVG

+25.74%

CURRENT VS 5Y AVG

+60.65%

CURRENT VS 10Y AVG

+108.43%

CURRENT VS 15Y AVG

+142.62%

CURRENT VS 20Y AVG

+214.83%

SECTOR MEDIAN · CONSUMER CYCLICAL

1.22

median of 81 covered companies

CURRENT VS SECTOR MEDIAN

+89.25%

vs the sector median at left

NAME	MARKET CAP	DEBT TO EQUITY RATIO	TTM	3Y	5Y
Advance Auto Parts, Inc. (AAP)	$2.62B	2.31	2.36	1.84	1.44
Wingstop Inc. (WING)vs ›	$2.75B	N/A	N/A	N/A	N/A
American Eagle Outfitters, Inc. (AEO)vs ›	$2.48B	1.06	0.92	0.84	0.93
The Buckle, Inc. (BKE)vs ›	$2.04B	0.86	0.83	0.81	0.83
Kohl's Corporation (KSS)vs ›	$1.86B	1.54	1.76	1.80	1.78
Thor Industries, Inc. (THO)vs ›	$3.71B	0.23	0.25	0.34	0.43
Liquidity Services, Inc. (LQDT)vs ›	$1.35B	0.06	0.08	0.08	0.09
Lucid Group, Inc. (LCID)vs ›	$1.31B	1.82	0.92	0.72	0.69
Carter's Inc. (CRI)vs ›	$1.07B	1.15	1.31	1.30	1.41
Petco Health and Wellness Company, Inc. (WOOF)vs ›	$679.65M	1.61	2.56	2.56	2.07

NAME

MARKET CAP

DEBT TO EQUITY RATIO

TTM

Advance Auto Parts, Inc. (AAP)

$2.62B

2.31

2.36

1.84

1.44

Wingstop Inc. (WING)vs ›

$2.75B

N/A

American Eagle Outfitters, Inc. (AEO)vs ›

$2.48B

1.06

0.92

0.84

0.93

The Buckle, Inc. (BKE)vs ›

$2.04B

0.86

0.83

0.81

0.83

Kohl's Corporation (KSS)vs ›

$1.86B

1.54

1.76

1.80

1.78

Thor Industries, Inc. (THO)vs ›

$3.71B

0.23

0.25

0.34

0.43

Liquidity Services, Inc. (LQDT)vs ›

$1.35B

0.06

0.08

0.09

Lucid Group, Inc. (LCID)vs ›

$1.31B

1.82

0.92

0.72

0.69

Carter's Inc. (CRI)vs ›

$1.07B

1.15

1.31

1.30

1.41

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

$679.65M

1.61

2.56

2.07

Debt to Equity Ratio FAQ

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

The debt to equity ratio for AAP stock is 2.31.

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

The debt to equity ratio of 2.31 is 61% above its 5-year average of 1.44, near the high end of its 5-year range (1.00–2.40).

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

The TTM average debt to equity ratio for AAP stock is 2.36.

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

The 3Y average debt to equity ratio for AAP stock is 1.84.

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

The 5Y average debt to equity ratio for AAP stock is 1.44.

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

The 10Y average debt to equity ratio for AAP stock is 1.11.

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

The 15Y average debt to equity ratio for AAP stock is 0.95.

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

The 20Y average debt to equity ratio for AAP stock is 0.73.

DATE	DEBT TO EQUITY RATIO
2026-07-18	2.31
2026-04-25	2.36
2026-01-03	2.38
2025-10-04	2.40
2025-07-12	1.66
2025-04-19	1.67
2024-12-28	1.70
2024-10-05	1.47
2024-07-13	1.52
2024-04-20	1.55
2023-12-30	1.52
2023-10-07	1.51
2023-07-15	1.52
2023-04-22	1.58
2022-12-31	1.40
2022-10-08	1.33
2022-07-16	1.28
2022-04-23	1.21
2022-01-01	1.08
2021-10-09	1.00
2021-07-17	0.95
2021-04-24	0.88
2021-01-02	0.86
2020-10-03	0.81
2020-07-11	0.88
2020-04-18	1.06
2019-12-28	0.78
2019-10-05	0.79
2019-07-13	0.88
2019-04-20	0.79
2018-12-29	0.29
2018-10-06	0.29
2018-07-14	0.29
2018-04-21	0.29
2017-12-30	0.31
2017-10-07	0.32
2017-07-15	0.33
2017-04-22	0.36
2016-12-31	0.36
2016-10-08	0.37
2016-07-16	0.43
2016-04-23	0.47
2016-01-02	0.49
2015-10-10	0.54
2015-07-18	0.64
2015-04-25	0.75
2015-01-03	0.82
2014-10-04	0.90
2014-07-12	1.03
2014-04-19	1.24
2013-12-28	0.69
2013-10-05	0.41
2013-07-13	0.44
2013-04-20	0.48
2012-12-29	0.50
2012-10-06	0.52
2012-07-14	0.57
2012-04-21	0.61
2011-12-31	0.49
2011-10-08	0.77
2011-07-16	0.74
2011-04-23	0.49
2011-01-01	0.29
2010-10-09	0.26
2010-07-17	0.28
2010-04-24	0.25
2010-01-02	0.16
2009-10-10	0.22
2009-08-15	0.22
2009-04-25	0.24
2009-01-03	0.44
2008-10-04	0.45
2008-07-12	0.44
2008-04-19	0.59
2007-12-29	0.67
2007-10-06	0.55
2007-07-14	0.43
2007-04-21	0.37
2006-12-30	0.50
2006-10-07	0.49
2006-07-15	0.50
2006-04-22	0.48
2005-12-31	0.53
2005-10-08	0.52
2005-07-16	0.55
2005-04-23	0.64
2005-01-01	0.68
2004-10-09	0.51
2004-07-17	0.46
2004-04-24	0.59
2004-01-03	0.75
2003-10-04	0.80
2003-07-12	1.02
2003-04-19	1.40
2002-12-28	1.57
2002-10-05	1.69

DATE

DEBT TO EQUITY RATIO

2026-07-18

2.31

2026-04-25

2.36

2026-01-03

2.38

2025-10-04

2.40

2025-07-12

1.66

2025-04-19

1.67

2024-12-28

1.70

2024-10-05

1.47

2024-07-13

1.52

2024-04-20

1.55

2023-12-30

1.52

2023-10-07

1.51

2023-07-15

1.52

2023-04-22

1.58

2022-12-31

1.40

2022-10-08

1.33

2022-07-16

1.28

2022-04-23

1.21

2022-01-01

1.08

2021-10-09

1.00

2021-07-17

0.95

2021-04-24

0.88

2021-01-02

0.86

2020-10-03

0.81

2020-07-11

0.88

2020-04-18

1.06

2019-12-28

0.78

2019-10-05

0.79

2019-07-13

0.88

2019-04-20

0.79

2018-12-29

0.29

2018-10-06

0.29

2018-07-14

0.29

2018-04-21

0.29

2017-12-30

0.31

2017-10-07

0.32

2017-07-15

0.33

2017-04-22

0.36

2016-12-31

0.36

2016-10-08

0.37

2016-07-16

0.43

2016-04-23

0.47

2016-01-02

0.49

2015-10-10

0.54

2015-07-18

0.64

2015-04-25

0.75

2015-01-03

0.82

2014-10-04

0.90

2014-07-12

1.03

2014-04-19

1.24

2013-12-28

0.69

2013-10-05

0.41

2013-07-13

0.44

2013-04-20

0.48

2012-12-29

0.50

2012-10-06

0.52

2012-07-14

0.57

2012-04-21

0.61

2011-12-31

0.49

2011-10-08

0.77

2011-07-16

0.74

2011-04-23

0.49

2011-01-01

0.29

2010-10-09

0.26

2010-07-17

0.28

2010-04-24

0.25

2010-01-02

0.16

2009-10-10

0.22

2009-08-15

0.22

2009-04-25

0.24

2009-01-03

0.44

2008-10-04

0.45

2008-07-12

0.44

2008-04-19

0.59

2007-12-29

0.67

2007-10-06

0.55

2007-07-14

0.43

2007-04-21

0.37

2006-12-30

0.50

2006-10-07

0.49

2006-07-15

0.50

2006-04-22

0.48

2005-12-31

0.53

2005-10-08

0.52

2005-07-16

0.55

2005-04-23

0.64

2005-01-01

0.68

2004-10-09

0.51

2004-07-17

0.46

2004-04-24

0.59

2004-01-03

0.75

2003-10-04

0.80

2003-07-12

1.02

2003-04-19

1.40

2002-12-28

1.57

2002-10-05

1.69

Debt to Equity Ratio: 2.31

AAP Debt to Equity Ratio

AAP Average Debt to Equity Ratio Chart

AAP Current vs Average Debt to Equity Ratio Chart

AAP Debt to Equity Ratio Metrics

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Financial Health

Debt to Equity Ratio Formula & Definition

Debt to Equity Ratio FAQ

AAP Debt to Equity Ratio History

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