What is Advance Auto Parts's change in lease liabilities?

Advance Auto Parts (AAP) reported change in lease liabilities of -$36M in Q1 2026.

How has Advance Auto Parts's change in lease liabilities changed year-over-year?

Advance Auto Parts's change in lease liabilities increased by 55.6% year-over-year, from -$81M to -$36M.

What does change in lease liabilities mean?

Cash payments for operating leases reducing the lease liability, partially offset by new lease commencements.

Advance Auto Parts AAP Change in Lease Liabilities

Change in Lease Liabilities at other companies

Group 1 AutomotiveGPI

-$7.9M+2.5%

Other financials

Income statement

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Revenue$2.6B+1.2%

Gross profit$1.2B+6.4%

Operating income$69.0M+153%

Net income$24.0M0.0%

EPS (diluted)$0.39-2.5%

Balance sheet

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Cash & equivalents$3.0B+76.8%

Total debt$5.2B+42.4%

Total equity$2.2B+0.7%

Total assets$11.8B+11.1%

Cash flow

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Operating cash flow-$19.0M+87.8%

CapEx$56.0M+33.3%

Free cash flow-$75.0M+62.1%

Valuation

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Market cap$3.31B+82.2%

Profitability

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Gross margin44.1%+6.8pp

Operating margin-10.5%—

Net margin0.5%+0.3pp

FCF margin-5.2%-13.9pp

Returns & leverage

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Return on equity2%+1.1pp

Debt / equity2.4×+0.7×

Current ratio1.8×+0.5×

Where this comes from

Reported directly by Advance Auto Parts in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInOperatingLeaseLiability.

The official record: Advance Auto Parts’s 10-Q, filed May 21, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Advance Auto Parts's change in lease liabilities?: Advance Auto Parts (AAP) reported change in lease liabilities of -$36M in Q1 2026.
How has Advance Auto Parts's change in lease liabilities changed year-over-year?: Advance Auto Parts's change in lease liabilities increased by 55.6% year-over-year, from -$81M to -$36M.
What does change in lease liabilities mean?: Cash payments for operating leases reducing the lease liability, partially offset by new lease commencements.