What is Advance Auto Parts's restructuring charges?

Advance Auto Parts (AAP) reported restructuring charges of $32M in Q1 2026.

How has Advance Auto Parts's restructuring charges changed year-over-year?

Advance Auto Parts's restructuring charges decreased by 72.9% year-over-year, from $118M to $32M.

What does restructuring charges mean?

One-time costs from reorganizing operations, including employee severance, facility closure costs, contract termination fees, and asset relocation expenses.

Advance Auto Parts AAP Restructuring Charges

Restructuring Charges at other companies

Genuine PartsGPC

$57.73M+5.4%

Group 1 AutomotiveGPI

$1M-91.0%

AGCOAGCO

$10M-23.1%

Icahn EnterprisesIEP

——

Segments

By segment

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Reportable$32M-72.9%

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

See full

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

See full

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$3.63B+82.2%

Enterprise value$5.9B+47.6%

P/E82.4×—

P/S0.4×+0.2×

Profitability

See full

Gross margin44.1%+6.8pp

Operating margin-10.5%—

Net margin0.5%+0.3pp

FCF margin-5.2%-13.9pp

Returns & leverage

See full

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:RestructuringCharges.

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 restructuring charges?: Advance Auto Parts (AAP) reported restructuring charges of $32M in Q1 2026.
How has Advance Auto Parts's restructuring charges changed year-over-year?: Advance Auto Parts's restructuring charges decreased by 72.9% year-over-year, from $118M to $32M.
What does restructuring charges mean?: One-time costs from reorganizing operations, including employee severance, facility closure costs, contract termination fees, and asset relocation expenses.