ORLY · 8-K · 20261028PR000050
Guidance and Outlook
O REILLY AUTOMOTIVE INC · 2026-10-28 · Importance 75 · Surprise 60 · In source text
On October 28, 2026, O’Reilly raised its full-year 2026 comparable-store-sales guidance to 5.5%–6.5%, gross-margin guidance to 51.6%–52.1%, and operating-income guidance to 19.5%–20.0%. The updated outlook also lists total revenue of $19.0–$19.3 billion, net cash from operating activities of $3.2–$3.6 billion, and capital expenditures of $1.3–$1.4 billion for the year ending December 31, 2026. Management said the updates reflect third-quarter performance, including tariff refunds, and fourth-quarter margin expectations.
Key facts
- Full-year 2026 total revenue guidance is $19.0 billion–$19.3 billion. source
- Full-year 2026 net cash provided by operating activities guidance is $3.2 billion–$3.6 billion. source
- Full-year 2026 free cash flow guidance is $1.9 billion–$2.2 billion. source
- Full-year 2026 operating income as a percentage of sales guidance is 19.5%–20.0%. source
- O’Reilly raised full-year 2026 operating profit guidance to 19.5%–20.0%. source
- Full-year 2026 gross profit as a percentage of sales guidance is 51.6%–52.1%. source
- O’Reilly raised full-year 2026 comparable store sales guidance to 5.5%–6.5%. source
- O’Reilly raised full-year 2026 gross margin guidance to 51.6%–52.1%. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | unclear | committed | — | Full-year 2026 total revenue guidance is $19.0 billion–$19.3 billion. |
| cash | positive | committed | — | Full-year 2026 net cash provided by operating activities guidance is $3.2 billion–$3.6 billion. |
| cash | positive | committed | — | Full-year 2026 free cash flow guidance is $1.9 billion–$2.2 billion. |
| margin | positive | committed | — | O’Reilly raised full-year 2026 operating profit guidance to 19.5%–20.0%. |
| revenue | positive | committed | — | O’Reilly raised full-year 2026 comparable store sales guidance to 5.5%–6.5%. |
| margin | positive | committed | — | O’Reilly raised full-year 2026 gross margin guidance to 51.6%–52.1%. |