ORLY · 10-Q · 2026Q2

O REILLY AUTOMOTIVE INC

Filed 2026-08-07 · Consumer · View original filing on EDGAR

Ranked Events

• Capital Return ProgramImportance 83 · Surprise 82
  Financing cash usage increased to $1.42 billion in the first six months of 2026 from $850.8 million in the prior-year period. The increase included higher repurchases of common stock under the Board-approved share…
• Outstanding IndebtednessImportance 79 · Surprise 66
  GAAP debt increased to $7.01 billion as of June 30, 2026, from $5.82 billion a year earlier. The company redeemed $500 million of senior notes and issued $850 million of senior notes during the first half of 2026,…
• Operating Cash Flow TrendsImportance 64 · Surprise 56
  Operating cash flow increased to $2.04 billion in the six months ended June 30, 2026, from $1.51 billion in the prior-year period. Free cash flow increased to $1.48 billion from $904 million after deducting $552…
• Store Count and ExpansionImportance 61 · Surprise 50
  As of June 30, 2026, O’Reilly operated 6,541 stores in 48 U.S. states and Puerto Rico, 126 stores in Mexico, and 28 stores in Canada. The company opened 110 net new stores during the first six months of 2026, compared…
• Guidance / OutlookImportance 50 · Surprise 42
  O’Reilly expects to open 225 to 235 net new stores during 2026. The company operated 6,695 stores as of June 30, 2026, including 6,541 in 48 U.S. states and Puerto Rico, 126 in Mexico, and 28 in Canada. Management’s…
• Operating Income and MarginsImportance 50 · Surprise 32
  Quarterly operating income increased 8% to $986 million in 2026, while operating margin held at 20.2%. Six-month operating income increased 10% to $1.83 billion, and operating margin improved to 19.3% from 19.1%. The…
• Operating Expense TrendsImportance 50 · Surprise 32
  SG&A increased 8% to $1.53 billion in the second quarter of 2026 and 9% to $3.04 billion in the first half of 2026. SG&A was 31.3% of sales for the quarter versus 31.2% a year earlier, while the six-month ratio…
• Gross Margin DriversImportance 50 · Surprise 32
  Gross profit increased 8% to $2.52 billion, while gross margin remained 51.4% in the three months ended June 30, 2026. For the six months ended June 30, 2026, gross profit increased 9% to $4.86 billion and gross margin…
• Revenue Performance and MixImportance 50 · Surprise 32
  Sales increased 8% year over year to $4.89 billion in the three months ended June 30, 2026, and increased 9% to $9.45 billion in the six months ended June 30, 2026. Comparable store sales rose 6.0% for the quarter and…
• Capital ExpendituresImportance 48 · Surprise 14
  Capital expenditures were $552.050 million in the six months ended June 30, 2026, compared with $587.685 million in the prior-year period. The company’s long-term capital requirements include maintaining and enhancing…
• Capital Expenditure ProgramImportance 43 · Surprise 32
  Capital expenditures were $552.1 million in the first six months of 2026, down from $587.7 million in the comparable 2025 period. Investing cash usage decreased to $549.7 million from $595.0 million as store and…
• Income Tax Rate ChangesImportance 42 · Surprise 40
  The quarterly income-tax provision increased 8% to $209 million, with the effective tax rate rising to 22.6% from 22.4%. The six-month provision increased 14% to $385 million, while the effective tax rate increased to…
• Interest Rate PressureImportance 38 · Surprise 40
  Total other expense increased 16% year over year to $62 million for the three months ended June 30, 2026, and increased 12% to $123 million for the six months ended June 30, 2026. Management attributed both increases…
• Distribution ChannelsImportance 31 · Surprise 42
  O’Reilly serves both DIY customers and professional service providers through a dual-market retail model. Its strategic distribution and hub-store network provides same-day and overnight inventory access, enabling…
• Macroeconomic Factors ImpactImportance 29 · Surprise 24
  O’Reilly identifies inflation, tariffs, fuel and energy costs, unemployment trends, and interest rates as factors affecting its automotive aftermarket business in the United States, Puerto Rico, Mexico, and Canada.…
• Market Demand TrendsImportance 22 · Surprise 32
  O’Reilly’s automotive aftermarket demand is supported by approximately three trillion U.S. vehicle miles driven annually; miles driven increased 0.8% year to date through May 2026. The U.S. light-vehicle fleet reached…
• Competition and Market ShareImportance 10 · Surprise 6
  O’Reilly describes itself as one of the largest North American automotive aftermarket specialty retailers and competes through its dual-market strategy, customer service, trained and technically proficient Team…
• Products and TechnologyImportance 10 · Surprise 6
  O’Reilly offers new and remanufactured automotive hard parts, maintenance items, accessories, auto body paint and related materials, tools, and professional service equipment. Its assortment uses “good,” “better,” and…

Revenue by Product (in dollars)