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Advance Auto Parts Inc
NYSE:AAP

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Advance Auto Parts Inc Logo
Advance Auto Parts Inc
NYSE:AAP
Watchlist
Price: 73.05 USD -4.55%
Updated: Apr 25, 2024

Gross Margin
Advance Auto Parts Inc

40.1%
Current
44%
Average
32.6%
Industry
Positive for the last year
40.1%
Positive average
44%
Worse than average
Better than industry value

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
40.1%
=
Gross Profit
4.5B
/
Revenue
11.3B

Gross Margin Across Competitors

Gross Margin Comparison
Advance Auto Parts Inc Competitors

Country US
Market Cap 4.3B USD
Gross Margin
40%
Country US
Market Cap 61B USD
Gross Margin
51%
Country US
Market Cap 49.6B USD
Gross Margin
53%
Country ZA
Market Cap 13.9B Zac
Gross Margin
51%
Country US
Market Cap 12.6B USD
Gross Margin
16%
Country US
Market Cap 10.8B USD
Gross Margin
10%
Country TW
Market Cap 339.3B TWD
Gross Margin
12%
Country US
Market Cap 10.2B USD
Gross Margin
17%
Country ZA
Market Cap 9.1B Zac
Gross Margin
0%
Country US
Market Cap 8.8B USD
Gross Margin
11%
Country US
Market Cap 6.8B USD
Gross Margin
17%

Profitability Report

View the profitability report to see the full profitability analysis for Advance Auto Parts Inc.

See Also

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What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
40.1%
=
Gross Profit
4.5B
/
Revenue
11.3B
What is the Gross Margin of Advance Auto Parts Inc?

Based on Advance Auto Parts Inc's most recent financial statements, the company has Gross Margin of 40.1%.