AAP

ADVANCE AUTO PARTS INC

Consumer Discretionary Quarter ended 2026-07-18 Filed 2026-08-20

ADVANCE AUTO PARTS INC (AAP) files with the SEC as a consumer discretionary company. Its most recent balance sheet puts total assets at $11.8B, against $9.6B of liabilities and $2.2B of equity, as at 2026-04-30. That balance sheet shrank 0.2% against 2025-12-31, when total assets were $11.8B. Liabilities account for 81.2% of the balance sheet and equity 18.8%, about $4.33 of liabilities for every dollar of equity. The largest single line on the asset side is Inventory at $3.8B, 32.3% of total assets, followed by Cash at $3.0B. Its largest single liability is Long-term debt at $3.4B, 28.9% of the balance sheet. By total assets it is the 76th largest of the 694 consumer discretionary companies covered here. The figures come from a filing filed on 2026-05-21. Assets equal liabilities plus equity on the filed figures, so this balance sheet reconciles directly. Every figure above is as filed. Nothing is estimated, smoothed or restated, and where the filing and the identity disagree the disagreement is shown rather than closed.

What it owns, and who has a claim on it

Both columns are the same height because they are the same money, counted twice: once by what it is, once by who it belongs to.

Owns$12.0B
Owed & owned$9.8B + $2.3B
Assets, line by line
Cash$3.1B26%
Receivables$390M3%
Inventory$3.8B32%
Property & equipment$1.3B11%
Goodwill$599M5%
Intangibles$398M3%
Other assets$2.4B20%
Liabilities and equity, line by line
Accounts payable$3.1B26%
Long-term debt$3.4B28%
Other liabilities$3.2B27%
Shareholders' equity$2.3B19%

Most of what AAP owns is physical — property, equipment and inventory account for 43% of total assets.

It is mostly funded by others: equity is 19% of the balance sheet and liabilities are the remaining 81%.

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