O REILLY AUTOMOTIVE INCORLY
O REILLY AUTOMOTIVE INC Financial Overview 2021–2025
Updated Jul 10, 2026O'Reilly Automotive's ability to expand its gross profit margin to 51.6% in FY2025 despite widespread retail inflation underscores a highly resilient business model. Serving both do-it-yourself consumers and professional mechanics, the company leverages an aging vehicle fleet and a dense distribution network to consistently compound capital and drive organic growth.
This pricing power fueled relentless top-line expansion, as revenue grew from $13.33 billion in FY2021 to $17.78 billion in FY2025. O'Reilly systematically broadened its physical footprint over this period, adding hundreds of locations—including a strategic entry into Canada—to reach 6,585 total stores. The company effectively absorbed a slight rise in selling, general, and administrative expenses, which ticked up to 32.1% of sales, while still delivering a 10% increase in diluted earnings per share to $2.97 for the year.
The market has richly rewarded this operational consistency. At the close of FY2025, the stock traded at $91.21, commanding a price-to-earnings multiple of 30.7x and a total market capitalization of $76.8 billion. Management continues to funnel its robust cash flows into massive shareholder returns, executing a 15-for-1 stock split and expanding its aggregate share repurchase authorization to an impressive $31.75 billion in Q2 2026.
Recent Developments (Q4 2025 and Q1 2026)
O'Reilly accelerated its top-line momentum in Q1 2026, posting a 10% jump in sales to $4.56 billion. Comparable store sales surged 8.1%, driven by higher average ticket values. Operating income outpaced revenue growth, rising 14% year-over-year to $842 million, while operating cash flow expanded 37% to $1.03 billion. In March 2026, the company bolstered its balance sheet by issuing $850 million of 5.100% Senior Notes due 2036 to refinance maturing debt.
Bulls point to the company's ability to pass cost increases to consumers, driving a 16% bump in Q1 2026 diluted earnings per share to $0.72. Bears caution that rising accounts payable and long-term debt liabilities could pressure the balance sheet if organic growth slows. At 31.3x earnings as of May 8, 2026, the stock trades at a premium, pricing in high expectations for the targeted rollout of 225 to 235 net new stores this year.
What to watch: resistance to higher average ticket prices; execution of the 2026 store expansion targets.
Rev
$17.78B
FY2025
NI
$2.54B
FY2025
EPS
$2.98
FY2025
OCF
$2.76B
FY2025
Year-over-year comparison from 10-K annual reports
Data from SEC Company Facts
All ORLY Financial Metrics(52)
Income Statement
Balance Sheet
Cash Flow
Recent SEC Filings
O REILLY AUTOMOTIVE INC 8-K Report, Material Agreement (Aug 14, 2026)
O'Reilly Automotive, Inc. (ORLY) has announced a significant debt financing event through an 8-K filing on August 14, 2026. The company successfully issued and sold a total of $1.6 billion in senior notes across three tranches: $700 million in 4.800% Senior Notes due 2029, $500 million in 5.050% Senior Notes due 2031, and $400 million in 5.550% Senior Notes due 2037. This strategic move aims to bolster the company's capital structure and likely support ongoing operations, expansion initiatives, or refinancing existing debt. These new notes are general unsecured senior obligations and are on par with the company's existing unsecured and unsubordinated debt. The indenture governing these notes includes standard covenants that limit the company's ability to incur certain liens, enter into sale and leaseback transactions, and merge or consolidate. The filing also details provisions for redemption, including optional redemption at various call protection periods and mandatory repurchase at 101% of principal in the event of a Change of Control Triggering Event. Investors should note that the notes are effectively junior to any future secured indebtedness.
O REILLY AUTOMOTIVE INC 8-K Report, Material Agreement (Aug 11, 2026)
O'Reilly Automotive, Inc. (ORLY) has filed an 8-K report on August 11, 2026, detailing a significant financing event. The company has entered into an Underwriting Agreement to issue and sell a substantial amount of Senior Notes across three different maturities: 2029, 2031, and 2037. This move is designed to raise approximately $1.59 billion in net proceeds after accounting for underwriting discounts and expenses. The primary intended use of these proceeds is to repay outstanding amounts under the company's commercial paper program. Any remaining funds will be allocated to general corporate purposes, which may include supporting working capital, share repurchases, and strategic investments such as acquisitions. This financing structure indicates a strategic effort by O'Reilly to optimize its capital structure and secure funds for ongoing operational needs and future growth initiatives.
O REILLY AUTOMOTIVE INC 8-K Report, Financial Results (Jul 29, 2026)
O'Reilly Automotive Inc. (ORLY) has filed a Current Report on Form 8-K on July 29, 2026, to announce its second quarter 2026 earnings. The primary purpose of this filing is to furnish the market with the company's financial results, as detailed in the attached press release (Exhibit 99.1). Investors should note that this report does not contain new financial statements but rather references the press release for the detailed Q2 2026 earnings. The company's financial performance for the second quarter will be the key focus for investors reviewing this filing, with the press release serving as the source for specific figures and management commentary.
O REILLY AUTOMOTIVE INC 8-K Report, Executive Changes (Jul 10, 2026)
O'Reilly Automotive, Inc. (ORLY) announced a significant appointment in its leadership team through an 8-K filing on July 10, 2026. The company has appointed Colin Yankee as its new Executive Vice President and Chief Supply Chain Officer, effective July 13, 2026. This role is critical as Mr. Yankee will oversee all facets of the company's supply chain operations, including merchandise, inventory management, distribution, and transportation. Mr. Yankee brings over two decades of extensive experience in retail supply chain management, most recently serving as Executive Vice President and Chief Supply Chain Officer at Tractor Supply Company since February 2020. His background also includes significant roles at Neiman Marcus and Target Corporation, indicating a strong track record in operational efficiency and strategic supply chain development. The compensation package for Mr. Yankee includes a base salary of $700,000, eligibility for performance-based incentives, and substantial stock option awards, reflecting the importance of his position and the company's investment in his leadership to optimize its extensive distribution network.
O REILLY AUTOMOTIVE INC 8-K Report, Regulation FD Disclosure (Jul 1, 2026)
O'Reilly Automotive, Inc. (ORLY) has filed a Form 8-K on July 1, 2026, to announce key dates related to its upcoming second quarter 2026 financial reporting. The primary purpose of this filing is to disclose the scheduled date for their earnings release and subsequent conference call. This information is crucial for investors and analysts looking to stay informed about the company's financial performance and future outlook. While this 8-K does not contain specific financial results or forward-looking statements beyond the scheduling of the earnings release, it serves as an official notification mechanism. Investors should note that this filing is for informational purposes regarding the release schedule and does not constitute a filing of financial data itself, meaning it is not subject to the same liabilities as a full earnings report under Section 18 of the Exchange Act.
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