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Advance Auto Parts, Inc. (AAP)
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Advance Auto Parts, Inc. (AAP) Enterprise Value (EV): $4.43B

The enterprise value (EV) for Advance Auto Parts, Inc. (AAP) is $4.43B as of Wednesday, June 10, 2026.

AAP Enterprise Value (EV) Metrics

ENTERPRISE VALUE (EV)

$4.43B

AAP Competitors' Enterprise Value (EV)

NAMEMARKET CAPENTERPRISE VALUE (EV)
Advance Auto Parts, Inc. (AAP)$3.58B$4.43B
Abercrombie & Fitch Co. (ANF)$3.85B$5.03B
Thor Industries, Inc. (THO)$3.90B$5.17B
American Eagle Outfitters, Inc. (AEO)$2.99B$5.51B
Lucid Group, Inc. (LCID)$1.49B$3.16B
Carter's, Inc. (CRI)$1.45B$1.90B
Liquidity Services, Inc. (LQDT)$1.19B$687.99M
Mohawk Industries, Inc. (MHK)$6.20B$8.69B
Etsy, Inc. (ETSY)$6.61B$4.79B
Cambium Learning Group, Inc. (ABCD)$299.24M

Enterprise Value Calculation

Market Cap

$3.58B

+

Total Debt

$3.41B

Cash

$3.12B

=

Enterprise Value

$4.43B

EV-Based Valuation Multiples

Why use EV instead of Market Cap?

  • EV accounts for debt - an acquirer must pay or assume it
  • EV deducts cash - the acquirer effectively receives it
  • EV enables fair comparison of companies with different capital structures
  • EV-based ratios (EV/EBITDA, EV/Sales) are capital structure neutral

Advance Auto Parts, Inc. Enterprise Value (EV) Formula & Definition

Enterprise Value represents the total value of a company as if you were to acquire it completely - paying for equity while assuming debt and receiving cash.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Advance Auto Parts, Inc. Enterprise Value (EV) FAQ

What is the enterprise value (EV) for Advance Auto Parts, Inc. (AAP)?
The enterprise value (EV) for AAP stock is $4.43B.

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
33,200 employees
Consumer Cyclical / Specialty Retail
Sector
Consumer Cyclical
Industry
Specialty Retail
CEO
Shane O'Kelly