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O'Reilly Automotive, Inc. (ORLY)

Fair bewertet
Consumer CyclicalAuto PartsUnited States

Fundamental

75

Kurs

$84.42

Marktkapitalisierung

$69.76B

Teil 1 · Was das Unternehmen wert ist

Übersicht

O'Reilly Automotive sells replacement auto parts, tools, supplies and accessories through a large chain of retail stores backed by its own distribution network. It serves two very different customers with the same stores: everyday drivers fixing their own cars, and professional repair shops that need a part delivered within the hour to finish a job. Owning the distribution chain rather than relying on outside wholesalers is what lets it promise that speed.

Wie das Geld verdient wird

Revenue is booked at the point of sale, whether over the counter to a walk-in customer or delivered to a professional repair shop's account. The DIY and professional halves of the business are roughly equal in size but behave differently: DIY sales follow store traffic and weather-driven repair needs, while professional sales depend on account relationships and, above all, on how fast O'Reilly can get the right part to a shop, which is what its hub-and-distribution-center network is built to deliver.

Umsatz nach Segment

DIY Retail50%

Parts and accessories sold over the counter to individual customers repairing their own vehicles.

Professional Service Provider50%

Parts sold and delivered to professional repair shops and service technicians, O'Reilly's fastest-growing customer group.

Wettbewerbsvorteil

Skaleneffekte · Schmal

A dense network of stores layered on regional distribution centers lets O'Reilly promise same-day or next-day parts availability that a small independent parts store cannot match, and that scale is expensive and slow for a new entrant to replicate. The advantage is real but not exclusive: a handful of comparably sized national chains run the same playbook, so no single player owns a durable edge.

Was die Nachfrage antreibt

Defensiv

Cars break down regardless of the economy, and an aging vehicle fleet on the road tends to need more parts over time, which makes demand fairly resistant to downturns; some drivers even shift from buying a new car to repairing an older one when money is tight, which can help O'Reilly. Store growth and comparable sales still track broader consumer spending at the margin.

Wichtigste Risiken

  • Macroeconomic sensitivity of customers — The company cites inflation, consumer debt levels and general economic conditions as risks: deteriorating conditions can reduce product demand, limit customer and supplier access to credit, and cause financial hardship across the business.
  • Tariffs and trade policy — O'Reilly relies in part on imported parts, and new or increased tariffs raise costs and require further diversification of its supply chain, a process the company itself describes as ongoing rather than complete.
  • Intense competition in a fragmented market — The automotive aftermarket remains highly fragmented, and O'Reilly competes against comparably resourced national retailers as well as many independent and online sellers, limiting its pricing power.
  • Capital-intensive expansion — Growth depends on continuing to open new stores and expand the distribution network at a steady pace, which requires ongoing capital spending and execution; a slowdown in store openings would directly slow revenue growth.

Die Argumente dafür

Buyers argue that O'Reilly's distribution density gives it a durable speed advantage with professional customers, that an aging US vehicle fleet supports steady parts demand regardless of new-car sales, and that a long track record of disciplined store expansion and share buybacks has compounded returns for shareholders for decades.

Die Argumente dagegen

Sellers fear that O'Reilly competes against equally well-capitalized national rivals with no clear way to widen the gap, that tariffs on imported parts squeeze margins the company cannot fully offset with price increases, and that continued growth increasingly depends on opening stores in markets it knows less well, including outside the United States.

Written by the editors, published on 18. August 2026

Direct competitors

Who this company fights with for the same customers

Compare

Generated on 19. September 2026 with claude-haiku-4-5 — shared with all users

P/E: 19.5Score: 67Market cap: $47.56B

O'Reilly names AutoZone first among its competitors in its 10-K: the two run the largest US networks of auto parts stores and fight store-by-store for the same DIY motorists and the same professional repair shops.

P/E: 483.6Score: 46Market cap: $17.66B

Genuine Parts owns the NAPA network that O'Reilly's 10-K names as a competitor, and its distribution to independent garages goes head-to-head with O'Reilly's professional-installer business.

P/E: 12.8Score: 65Market cap: $5.82B

LKQ supplies aftermarket, recycled and specialty replacement parts to the same North American collision and mechanical repair shops that make up O'Reilly's professional customer base.

P/E: 20.0Score: 69Market cap: $2.69T

O'Reilly's 10-K names Amazon among the online retailers it competes with, because DIY customers can order the same parts and accessories online instead of walking into a store.

P/E: 37.7Score: 49Market cap: $853.59B

O'Reilly's 10-K lists Walmart among the mass merchandisers that take away sales of oil, batteries, wipers and other high-turnover maintenance items bought by DIY motorists.

Advance Auto Parts, Inc.AAP

Advance Auto Parts is the third national auto parts chain named in O'Reilly's 10-K, selling the same replacement parts from stores in the same American towns and to the same professional installers.

Bilanz & Liquidität

Umsatz

$18.57B

Letzte 12 Monate (bis 30.6.2026)

Nettogewinn

$2.65B

Letzte 12 Monate (bis 30.6.2026)

Freier Cashflow

$1.59B

Gesamtes Eigenkapital

$-763M

Gesamtverbindlichkeiten

$17.30B

Current Ratio

0.75

Zinsdeckungsgrad

14.37

Schulden/EBITDA

2.41

Gewinn je Aktie

Umsatz & Nettogewinn

Freier Cashflow

Ertragsaufschlüsselung

Historische Aufstellung

Margen im Zeitverlauf

Verschuldung im Zeitverlauf

Wie schwer die Schulden wiegen

Wachstumsraster

Wachstum — Umsatz

Innerer-Wert-Schätzung

ZyklischFair bewertet

Innerer Wert

$72.51

Aktueller Kurs

$84.42

Sicherheitsmarge

-16.4%

Innerer-Wert-Spanne

$47.79 - $97.22

Streubreite zwischen den verwendeten Bewertungsmethoden, kein statistisch kalibriertes Konfidenzintervall.

Bewertungsmethoden

Kursziel der Analysten:$107.80
Diskontierter Cashflow (DCF):Nicht anwendbar für diesen Unternehmenstyp
Gewinnmultiplikator (P/E):$76.09
Graham-Wachstumsformel:Nicht anwendbar für diesen Unternehmenstyp
Ertragskraftwert (EPV):$43.28
Gerechtfertigtes P/B:Nicht anwendbar für diesen Unternehmenstyp
Dividendendiskontierung (Gordon):Nicht anwendbar für diesen Unternehmenstyp
P/FFO, Funds from Operations:Nicht anwendbar für diesen Unternehmenstyp
Gewinn im Zyklusmittel:$59.76
Umsatzmultiplikator:Nicht anwendbar für diesen Unternehmenstyp
Analystenkonsens:Starker Kauf (29B / 7H / 0S)
Letzte Gewinnüberraschung:-2.25%

Bewertungskennzahlen

P/E-Verhältnis

27.11

ROE

-332.5%

P/B-Verhältnis

-

P/FCF

32.04

Bruttomarge

51.6%

ROIC

36.7%

Rentabilitäts-Radar

Wertschöpfung (Wettbewerbsvorteil)

ROIC

36.7%

WACC

7.3%

ROIC − WACC

+29.4 pp

Der ROIC übersteigt die Kapitalkosten: Das Unternehmen schafft Wert für die Aktionäre.

Fundamentalanalyse-Kriterien

Bestanden (18)

  • EPS shows upward trend
  • Price CAGR 16.56%
  • ROIC 36.7%
  • Gross Margin 51.6%
  • Operating Margin 19.6%
  • Positive Free Cash Flow
  • Current Ratio
  • Interest Coverage
  • Debt/EBITDA
  • Return on Tangible Assets
  • Low reliance on intangibles
  • ROE 423.4%
  • Revenue Growth 5Y 8.9%
  • Analyst Consensus 81% Buy
  • Earnings Quality (OCF/NI) 1.24
  • Share Dilution -3.0%
  • Net Margin Trend 14.3% vs 14.2%
  • Piotroski F-Score 7/9

Nicht bestanden (5)

  • EPS CAGR 4.18%
  • P/FCF 32.04
  • CapEx intensity
  • DCF valuation (Overvalued)
  • Earnings Surprise avg -1.1%

Nicht verfügbar (5)

  • P/B Ratio NaN
  • Dividend Payout NaN%
  • Debt/Equity ratio
  • Price below Graham Number
  • PEG Ratio (need PE > 0 and growth > 0)

Piotroski F-Score

7/9

Starke finanzielle Gesundheit

score
criteria

Gewinnqualität

1.24

Hohe Qualität: Gewinne durch Cashflow gedeckt

Aktienverwässerung

-3.0%

Aktienrückkäufe. Aktionärsfreundlich

Institutionelle Beteiligungen

Unternehmensführung

Führungsteam

NamePositionAlter
Mr. Gregory L. HensleeExecutive Chairman64
Mr. Brad W. BeckhamChief Executive Officer46
Mr. David E. O'ReillyExecutive Vice Chairman75
Mr. Brent G. KirbyPresident56
Mr. Jeremy Adam Fletcher CPAExecutive VP & CFO47
Mr. Scott Richard RossExecutive VP & Chief Information Officer59
Mr. Jason Lee TarrantExecutive Vice President of Store Operations & Sales44
Ms. Tamara F. ConnSenior VP of Legal & General Counsel54
Ms. Shari Lynne ReavesSenior Vice President of Human Resources & Training54
Mr. Robert Allen DumasSenior Vice President of Eastern Store Operations & Sales51

Prüfungsrisiko

10

Vorstandsrisiko

8

Vergütungsrisiko

8

Aktionärsrechterisiko

7

Teil 2 · Der Preis und der Einstiegszeitpunkt

Dieser Teil sagt nicht, ob das Unternehmen etwas taugt: Er hilft bei der Wahl des Kaufzeitpunkts, nachdem die Fundamentaldaten überzeugt haben. Enthalten: technische Analyse, Potenzial, historische Drawdowns, Gamma-Exposure.

Dokumente

  • Jahresbericht (10-K)

    Ein jährlicher Überblick über das Geschäft, die Finanzergebnisse und die Risiken des Unternehmens.

    Eingereicht am 2026-02-27

    Dokument ansehen
  • Quartalsbericht (10-Q)

    Ein Update zur finanziellen Entwicklung der letzten drei Monate.

    Eingereicht am 2026-08-07

    Dokument ansehen
  • Ad-hoc-Meldung (8-K)

    Eine Mitteilung über ein wichtiges Ereignis, etwa einen Führungswechsel oder eine bedeutende Ankündigung.

    Eingereicht am 2026-10-01

    Dokument ansehen

via SEC EDGAR

Ertragshistorie

via SEC EDGAR

Latest News

Recent headlines for ORLY, sourced from Markets Gazette.

  • 3/5/2026POSITIVE
    Can O'Reilly Automotive Stock Beat the Market?

    O'Reilly Automotive Inc. (ORLY) has demonstrated exceptional performance over the past five years, with its shares more than tripling in value. This positive trend indicates strong growth and solid business management within the auto parts retail sector. For investors, this suggests a potential continuation of the upward trajectory, supported by consistent demand for vehicle maintenance and repair, making the stock an attractive candidate for a growth-oriented portfolio.

via Markets Gazette