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Advance Auto Parts Inc   (AAP)
Other Ticker:  
 
    Sector  Retail    Industry Automotive Aftermarket
   Industry Automotive Aftermarket
   Sector  Retail


Advance Auto Parts Inc 's ROA from the fourth quarter of 2023 to the fourth quarter of 2022 and 5 Year Period

Return on Assets, Quarterly Results, Trends, Rankings, Statistics


What is Advance Auto Parts Inc 's ROA in the fourth quarter of 2023?
Advance Auto Parts Inc achieved a return on average assets (ROA) of 0.31 % in its fourth quarter of 2023, which is below Advance Auto Parts Inc 's average return on assets, which stands at 4.91%.

ROA decreased relative to the period ending Oct 07 2023, due to the decline in net income.

However, within the Retail sector 78 other companies had a higher return on assets. While Return on assets, overall ranking has advanced in the Dec 30 2023 quarter, so far to 1849, from total ROA ranking in the third quarter of 2023 at 2184.

What is ROA?


Return On Assets (Dec 30 2023)
IV. Quarter
(Oct 07 2023)
III. Quarter
(Jul 15 2023)
II. Quarter
(Apr 22 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Total Assets Change 3.04 % 1.47 % -20.18 % -20.39 % -22.8 %
Y / Y Net Income Change - - -40.89 % -69.49 % -41.39 %
Net Income (TTM) in million 30 127 287 346 443
Return On Assets (TTM) 0.31 % 1.33 % 3.01 % 3.41 % 4.12 %
AAP's Total Ranking # 1849 # 2184 # 1807 # 1732 # 1842
Total Assets (TTM) in million 9,700 9,650 9,689 9,556 9,413
Seq. Total Assets Change 0.51 % -0.4 % 1.39 % 1.51 % -1.02 %
Seq. Net Income Change - - 100.14 % -10.89 % -56.87 %



Return On Assets Company Ranking
Within: No.
Industry # 16
Sector # 79
Overall # 1843

Return On Assets Statistics
High Average Low
7.79 %
4.91 %
0.24 %
(Dec 28 2013)   (Dec 30 2023)





Financial Statements
Advance Auto Parts Inc 's Assets $ 9,700 million AAP's Balance sheet
Advance Auto Parts Inc 's Income $ -50 million Quarterly AAP's Income Statement
AAP's Income by Division See AAP's Income by Division



Annual Return On Assets (Dec 30 2023)
FY 2023
(Dec 31 2022)
FY 2022
(Jan 01 2022)
FY 2021
(Jan 02 2021)
FY 2020
(Dec 28 2019)
FY 2019
Y / Y Total Assets Change 3.04 % -22.8 % 2.99 % 5.26 % 24.42 %
Total Assets in million 9,700 9,413 12,194 11,840 11,249
Y / Y Net Income Change -94.08 % -18.54 % 24.97 % 1.26 % 14.88 %
Net Income in million 30 502 616 493 487
Return On Assets 0.31 % 5.33 % 5.05 % 4.16 % 4.33 %




Comment on AAP's ROA in the fiscal year ending 2023
In the fiscal year 2023 Advance Auto Parts Inc 's ROA decreased compared to previous year to 0.31 %, due to deterioration of net income -94.08 % to $29.74 million, from $501.87 million a year ago, as AAP's assets were $9,699.65 million.


More Return On Assets Ratios
AAP's' Return on Assets at Yahoo Finance
Automotive Aftermarket Industry Return On Assets Trends and Statistics
Retail Sector Roa Statistics
Roa Trends for overall market
AAP's Roa Ratio versus Automotive Aftermarket Industry, Retail Sector and overall Market
Highest Ranking Return On Assets
Lowest Ranking Return On Assets
Roa for AAP's Competitors
Roa for Advance Auto Parts Inc 's Suppliers
Return On Assets for AAP's Customers

You may also want to know
AAP's Roi AAP's Inventory Turnover Ratio AAP's Growth Rates AAP's Dividend Comparisons
AAP's Profitability Ratios AAP's Asset Turnover Ratio AAP's Dividend Growth
AAP's Roe AAP's Valuation Ratios AAP's Financial Strength Ratios AAP's Dividend Payout Ratio



Companies with similar Return On Assets at Dec 30 2023, within Retail Sector ROA
Macys Inc   0.62 %
Nu Skin Enterprises Inc   0.47 %
Petiq Inc   0.29 %
Advance Auto Parts Inc   0.24 %


Date modified: 2024-03-13T04:22:20+00:00


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