About Advance Auto Parts
Advance Auto Parts is a company based in Roanoke (United States) founded in 1932. It operates as a Direct-to-Consumer (D2C), and Reseller / Distribution. The company has 62,800 employees as of December 31, 2024. Advance Auto Parts has completed 3 acquisitions, including Autopart International, DieHard and Western Auto. Advance Auto Parts offers products and services including Replacement Parts, Performance Parts, Accessories, and Oil & Fluids. Advance Auto Parts operates in a competitive market with competitors including Motorcar Parts, Hopkins, AAMP Global, Mighty Auto Parts and Nagase America, among others.
- Headquarter Roanoke, United States
- Employees 62800 as on 31 Dec, 2024
- Stage Public
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Sectors
Transportation, Automotive & Logistics
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Advance Auto Parts Inc.
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Annual Revenue
$9.09 B-1.25as on Dec 31, 2024
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Net Profit
$-335.79 M-1229.27as on Dec 31, 2024
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EBITDA
$-134.72 M-141.54as on Dec 31, 2024
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Latest Funding Round
- Investors
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Employee Count
62800
as on Dec 31, 2024
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Investments & Acquisitions
Autopart International
& 2 more
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IPO & Listings of Advance Auto Parts
Advance Auto Parts is a publicly listed company on the NYSE with ticker symbol AAP in USA, operating in the Retail trade sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Advance Auto Parts
Advance Auto Parts offers a comprehensive portfolio of products and services, including Replacement Parts, Performance Parts, Accessories, and Oil & Fluids. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Replacement parts for vehicles are provided for repairs.
Performance parts for vehicles are offered for enhancement.
Various accessories for vehicles are sold for customization.
Oil and fluids for vehicles are supplied regularly.
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Leadership Team
43 people
District Team
43 people
Software Development Team
41 people
General Team
31 people
Sales and Marketing
29 people
Finance and Accounting
21 people
Human Resources and Administration
17 people
Operations Team
15 people
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Funding Insights of Advance Auto Parts
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
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First Round
First Round
(01 Nov 2013)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Sep, 2015 | Amount | Post-IPO - Advance Auto Parts | Valuation |
investors |
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| Nov, 2013 | Amount | Debt – Conventional - Advance Auto Parts | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Advance Auto Parts
Advance Auto Parts has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Starboard Value. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Multiple investment strategies are employed by this hedge fund.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Advance Auto Parts
Advance Auto Parts has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Autopart International, DieHard and Western Auto. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Brand of chocolate
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1995 | ||||
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Portable automotive battery chargers are manufactured for various vehicles.
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1967 | ||||
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Aftermarket automotive parts are retailed to various customers.
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1957 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Advance Auto Parts
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Advance Auto Parts Comparisons
Competitors of Advance Auto Parts
Advance Auto Parts operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Motorcar Parts, Hopkins, AAMP Global, Mighty Auto Parts and Nagase America, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Automotive components are manufactured and supplied by Motorcar Parts.
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| domain | founded_year | HQ Location |
Hopkins is recognized as a leading manufacturer of automotive aftermarket products.
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| domain | founded_year | HQ Location |
Automotive aftermarket accessories are manufactured and supplied globally.
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| domain | founded_year | HQ Location |
Auto parts are distributed by Mighty Auto Parts.
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| domain | founded_year | HQ Location |
Global supplier of chemicals, plastics, electronics, and life sciences solutions.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Advance Auto Parts
Frequently Asked Questions about Advance Auto Parts
When was Advance Auto Parts founded?
Advance Auto Parts was founded in 1932 and raised its 1st funding round 81 years after it was founded.
Where is Advance Auto Parts located?
Advance Auto Parts is headquartered in Roanoke, United States. It is registered at Roanoke, Virginia, United States.
Who is the current CEO of Advance Auto Parts?
Shane O'Kelly is the current CEO of Advance Auto Parts.
How many employees does Advance Auto Parts have?
As of Dec 31, 2024, the latest employee count at Advance Auto Parts is 62,800.
What is the annual revenue of Advance Auto Parts?
Annual revenue of Advance Auto Parts is $9.09B as on Dec 31, 2024.
What does Advance Auto Parts do?
Advance Auto Parts is engaged in the retail and distribution of automotive replacement parts, performance parts, accessories, and maintenance products like oil and fluids. The company serves a wide range of vehicle owners, covering popular makes such as Ford, Chevrolet, Honda, and Dodge. Solutions are provided through online platforms and physical stores with services like free in-store battery testing, installation, and same-day delivery or curbside pickup in select markets. The focus is on supporting routine vehicle maintenance and performance enhancements within the automotive sector.
Who are the top competitors of Advance Auto Parts?
Advance Auto Parts's top competitors include Mighty Auto Parts, AAMP Global and Motorcar Parts.
What products or services does Advance Auto Parts offer?
Advance Auto Parts offers Replacement Parts, Performance Parts, Accessories, and Oil & Fluids.
Is Advance Auto Parts publicly traded?
Yes, Advance Auto Parts is publicly traded on NYSE under the ticker symbol AAP.
How many acquisitions has Advance Auto Parts made?
Advance Auto Parts has made 3 acquisitions, including Autopart International, DieHard, and Western Auto.
Who are Advance Auto Parts's investors?
Advance Auto Parts has 1 investor. Key investors include Starboard Value.
What is Advance Auto Parts's ticker symbol?
The ticker symbol of Advance Auto Parts is AAP on NYSE.