O'Reilly Auto Q4 2024 Earnings Report
Key Takeaways
O'Reilly Automotive, Inc. reported record revenue for the fourth quarter and full-year ended December 31, 2024. Sales for the fourth quarter increased by 7% to $4.10 billion, with a comparable store sales growth of 4.4%. Diluted earnings per share increased to $9.50.
Fourth quarter comparable store sales growth was 4.4%.
Sales for the fourth quarter increased 7% to $4.10 billion.
Diluted earnings per common share for the fourth quarter increased 3% to $9.50.
The company repurchased 0.4 million shares of its common stock for a total investment of $472 million during the quarter.
O'Reilly Auto
O'Reilly Auto
Forward Guidance
O'Reilly provided full-year 2025 guidance, including net new store openings between 200 and 210, comparable store sales growth of 2.0% to 4.0%, and total revenue between $17.4 billion and $17.7 billion.
Positive Outlook
- Net, new store openings: 200 to 210
- Comparable store sales: 2.0% to 4.0%
- Total revenue: $17.4 billion to $17.7 billion
- Gross profit as a percentage of sales: 51.2% to 51.7%
- Operating income as a percentage of sales: 19.2% to 19.7%
Challenges Ahead
- Effective income tax rate: 22.6%
- Diluted earnings per share: $42.60 to $43.10
- Net cash provided by operating activities: $2.8 billion to $3.2 billion
- Capital expenditures: $1.2 billion to $1.3 billion
- Free cash flow: $1.6 billion to $1.9 billion