Advance Auto Parts ROE 2024

Advance Auto Parts ROE

0.01

Advance Auto Parts Dividend yield

2.64 %

Ticker

AAP

ISIN

US00751Y1064

WKN

982516

In 2024, Advance Auto Parts's return on equity (ROE) was 0.01, a -93.76% increase from the 0.19 ROE in the previous year.

Advance Auto Parts Aktienanalyse

What does Advance Auto Parts do?

Advance Auto Parts Inc. is a leading American retailer of car parts and accessories. The company was founded in 1932 in Roanoke, Virginia, and is currently headquartered in Raleigh, North Carolina. It has a history of growth through acquisitions and expanding its presence throughout the United States. Advance Auto Parts offers a wide range of car parts and accessories that can be purchased online or in-store. It also provides maintenance and repair services, operates workshops in some locations, and serves as a supplier for corporate fleets. The company has a strong distribution network and offers a variety of products, making it a go-to destination for customers in need of car parts and accessories. Advance Auto Parts ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROE Details

Decoding Advance Auto Parts's Return on Equity (ROE)

Advance Auto Parts's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.

Year-to-Year Comparison

Analyzing Advance Auto Parts's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.

Impact on Investments

Advance Auto Parts's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.

Interpreting ROE Fluctuations

Changes in Advance Auto Parts’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.

Frequently Asked Questions about Advance Auto Parts Stock

What is the ROE (Return on Equity) of Advance Auto Parts this year?

The ROE of Advance Auto Parts this year is 0.01 undefined.

How has the Return on Equity (ROE) of Advance Auto Parts developed compared to the previous year?

The ROE of Advance Auto Parts has increased by -93.76% decreased compared to the previous year.

What impact does a high ROE (Return on Equity) have on investors of Advance Auto Parts?

A high ROE indicates that Advance Auto Parts generates good returns on capital and is successful in monetizing its investments. This is a positive indicator for investors.

What impact does a low ROE (Return on Equity) have on investors of Advance Auto Parts?

A low ROE can indicate that Advance Auto Parts is having difficulties monetizing its investments successfully and can be a negative signal for investors.

How does a change in the ROE (Return on Equity) of Advance Auto Parts affect the company?

A change in ROE (Return on Equity) of Advance Auto Parts can be an indicator of the financial performance of the company and demonstrate how successful the company is compared to other companies in the same industry.

How to calculate the ROE (Return on Equity) of Advance Auto Parts?

The ROE (Return on Equity) is calculated by dividing the company's profit by the total equity. The formula is: ROE = Profit / Total equity.

Which factors influence the ROE (Return on Equity) of Advance Auto Parts?

Some factors that can influence Advance Auto Parts's Return on Equity (ROE) include the efficiency in using equity, the profitability of the company, and the financing structure.

What strategic measures can take to improve the ROE (Return on Equity)?

To improve the Return on Equity (ROE), can take measures such as cost savings, increasing revenue, improving efficiency in the use of equity, and making changes in the financing structure. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to improve ROE.

How much dividend does Advance Auto Parts pay?

Over the past 12 months, Advance Auto Parts paid a dividend of 2 USD . This corresponds to a dividend yield of about 2.64 %. For the coming 12 months, Advance Auto Parts is expected to pay a dividend of 2.15 USD.

What is the dividend yield of Advance Auto Parts?

The current dividend yield of Advance Auto Parts is 2.64 %.

When does Advance Auto Parts pay dividends?

Advance Auto Parts pays a quarterly dividend. This is distributed in the months of August, November, February, May.

How secure is the dividend of Advance Auto Parts?

Advance Auto Parts paid dividends every year for the past 23 years.

What is the dividend of Advance Auto Parts?

For the upcoming 12 months, dividends amounting to 2.15 USD are expected. This corresponds to a dividend yield of 2.84 %.

In which sector is Advance Auto Parts located?

Advance Auto Parts is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Advance Auto Parts kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Advance Auto Parts from 4/26/2024 amounting to 0.25 USD, you needed to have the stock in your portfolio before the ex-date on 4/11/2024.

When did Advance Auto Parts pay the last dividend?

The last dividend was paid out on 4/26/2024.

What was the dividend of Advance Auto Parts in the year 2023?

In the year 2023, Advance Auto Parts distributed 6 USD as dividends.

In which currency does Advance Auto Parts pay out the dividend?

The dividends of Advance Auto Parts are distributed in USD.

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Andere Kennzahlen von Advance Auto Parts

Our stock analysis for Advance Auto Parts Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Advance Auto Parts Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.