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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
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Price: 74.71 USD -2.38% Market Closed
Updated: Apr 26, 2024

ROE
Return on Equity

1.1%
Current
14%
Average
6.8%
Industry
Positive for the last year
1.1%
Positive average
14%
Worse than average
Worse than industry value

ROE, or Return on Equity, is a key financial ratio that measures a company's profitability. Specifically, it measures how many dollars of profit are generated for each dollar of shareholder's equity. A higher ROE indicates better financial performance and effective use of capital, making it a valuable metric for investors assessing a company's earning potential.

ROE
1.1%
=
Net Income
29.7m
/
Equity
2.6B

ROE Across Competitors

ROE Comparison
Advance Auto Parts Inc Competitors

Country US
Market Cap 4.4B USD
ROE
1%
Country US
Market Cap 62.3B USD
ROE
-168%
Country US
Market Cap 51B USD
ROE
-58%
Country ZA
Market Cap 13.8B Zac
ROE
18%
Country US
Market Cap 13.4B USD
ROE
-327%
Country US
Market Cap 10.9B USD
ROE
8%
Country TW
Market Cap 339.3B TWD
ROE
42%
Country US
Market Cap 10.3B USD
ROE
24%
Country ZA
Market Cap 9B Zac
ROE
10%
Country US
Market Cap 8.8B USD
ROE
76%
Country US
Market Cap 7.1B USD
ROE
18%

Profitability Report

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

See Also

Discover More
What is Return on Equity?

ROE, or Return on Equity, is a key financial ratio that measures a company's profitability. Specifically, it measures how many dollars of profit are generated for each dollar of shareholder's equity. A higher ROE indicates better financial performance and effective use of capital, making it a valuable metric for investors assessing a company's earning potential.

ROE
1.1%
=
Net Income
29.7m
/
Equity
2.6B
What is the ROE of Advance Auto Parts Inc?

Based on Advance Auto Parts Inc's most recent financial statements, the company has ROE of 1.1%.