O'Reilly Auto Q1 2025 Earnings Report
Key Takeaways
O'Reilly Automotive delivered strong Q1 2025 results, with record-high revenue and solid comparable store sales growth. Despite a slight decline in net income and operating income year-over-year, EPS increased due to share repurchases. Continued investment in store expansion and robust operating cash flow marked the quarter.
Revenue reached $4.14 billion, up from $3.98 billion in Q1 2024.
Comparable store sales grew 3.6%, driven by both professional and DIY segments.
Net income was $538 million, slightly down from $547 million in the prior year.
Free cash flow improved to $455.24 million from $438.85 million in Q1 2024.
O'Reilly Auto
O'Reilly Auto
O'Reilly Auto Revenue by Segment
O'Reilly Auto Revenue by Geographic Location
Forward Guidance
The company maintained its full-year guidance for 2025 with expectations of moderate comparable store sales growth and strong operating performance.
Positive Outlook
- Maintained full-year comparable store sales guidance of 2.0% to 4.0%
- Total revenue expected to range between $17.4 billion and $17.7 billion
- Operating income margin guidance between 19.2% and 19.7%
- Expected diluted EPS between $42.90 and $43.40
- Net new store openings projected between 200 and 210
Challenges Ahead
- Uncertainty due to evolving tariff landscape
- Pressure on gross margin from increasing SG&A expenses
- Modest decline in Q1 operating income year-over-year
- Potential volatility in market conditions affecting customer demand
- Fluctuations in effective tax rates could impact net income
Revenue & Expenses
Visualization of income flow from segment revenue to net income