NASDAQ$ORLY

O'Reilly Automotive Inc · Q1 2022 earnings

Q1 2022 earnings · · Investor relations

Briefing

O'Reilly Automotive reported record revenue and earnings for Q1 2022.

O'Reilly Automotive, Inc. announced record revenue for its first quarter ended March 31, 2022. The company's comparable store sales increased by 4.8%, building on the previous year's 24.8% growth. Diluted earnings per share increased to $7.17 from $7.06 in the same period last year.

  • Comparable store sales growth of 4.8% in the first quarter, with a two-year stack increase of 29.6%.
  • Diluted earnings per share saw a 34.4% two-year compounded growth in the first quarter.
  • The company launched its professional pricing initiative, which created pressure on gross profit.
  • Transition plan announced for Tom McFall, Executive Vice President and CFO.

Headline financials

Total Revenue

$3.3B

Previous: $3.09B+6.6%
EPS (adj)

$7.17

Previous: $7.06+1.6%
Comparable Store Sales Growth

4.8%

Previous: 24.8%-80.6%
Capital Expenditures

-$104M

Previous: -$94.9M-9.6%
Free Cash Flow

$378M

Previous: $407M-7.1%
Net Income

$482M

Previous: $502M-3.9%
Operating Income

$670M

Previous: $691M-3.1%
Gross Profit

$1.71B

Previous: $1.64B+4.1%
Cash & Equivalents

$192M

Previous: $611M-68.6%
Total Assets

$11.8B

Previous: $11.9B-0.8%
Stock-Based Comp

$6.53M

Previous: $6.29M+3.8%

Revenue & EPS history

O'Reilly Auto · Revenue · Quarterly

$3.3B

Q1 2022+6.6%vs Q1 2021
Beat estimate in 12 of 16 quarters(75%)
ActualEstimate

Forward guidance

The Company’s unchanged guidance for selected full-year 2022 financial data includes comparable store sales growth between 5% and 7%, total revenue between $14.2 billion and $14.5 billion, and diluted earnings per share between $32.35 and $32.85.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2022

Historical avgQ1 2022

+0.9%

Avg return

Earnings day

+0.8%

Avg return

5 days after

+1.7%

Avg return

30 days after

54%

38 / 70 earnings

Positive

+14.6%

Q1 2018

Best reaction

-12.7%

Q1 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.5%+3.6%-5.3%
Q4 2025-4.0%-3.4%-2.2%
Q3 2025-2.9%-4.9%-0.8%
Q2 2025+0.0%-1.8%+3.0%
Q1 2025-2.1%+1.4%-0.4%
Q4 2024-1.3%-1.8%-2.2%
Q3 2024-0.5%-0.7%+1.8%
Q2 2024+4.2%+6.6%+6.4%
Q1 2024-3.5%-5.1%-9.6%
Q4 2023-3.0%-2.4%+3.1%
Q3 2023+5.7%+6.7%+13.2%
Q2 2023-4.6%-4.0%-3.5%
Q1 2023+2.0%+3.5%+2.8%
Q4 2022+2.0%+6.1%+2.4%
Q3 2022+4.8%+7.9%+10.3%
Q2 2022+4.7%+5.0%+3.5%
Q1 2022-12.7%-14.5%-9.4%
Q4 2021+3.3%+3.8%+6.0%
Q3 2021-5.1%-5.9%-3.4%
Q2 2021-3.3%-2.5%-4.0%
Q1 2021+2.7%+4.2%+0.5%
Q4 2020-4.4%-4.5%+6.5%
Q3 2020-3.1%-1.9%-1.6%
Q2 2020+6.8%+5.3%+2.9%
Q1 2020+4.5%+8.7%+13.0%
Q4 2019-2.3%-4.0%-9.7%
Q3 2019+9.2%+10.4%+9.5%
Q2 2019-4.2%-0.7%-3.8%
Q1 2019-4.0%-5.2%-7.3%
Q4 2018+2.0%+2.4%+1.6%
Q3 2018-4.6%-3.3%+3.0%
Q2 2018+3.3%+3.5%+12.4%
Q1 2018+14.6%+14.0%+19.4%
Q4 2017-1.1%-2.6%-1.7%
Q3 2017+5.2%+5.1%+6.4%
Q2 2017+7.7%+9.3%+8.3%
Q1 2017-2.6%-8.4%-5.9%
Q4 2016+5.1%+5.2%+4.2%
Q3 2016-9.7%-5.6%-1.3%
Q2 2016+2.4%+2.6%-1.2%
Q1 2016-2.7%
Q4 2015+5.6%
Q3 2015+6.1%
Q2 2015-1.2%
Q1 2015+5.2%
Q4 2014+7.7%
Q3 2014+5.4%
Q2 2014+4.0%
Q1 2014-0.2%
Q4 2013+9.1%
Q3 2013-6.5%
Q2 2013+3.5%
Q1 2013+4.7%
Q4 2012+0.0%
Q3 2012+3.5%
Q2 2012-2.1%
Q1 2012-0.4%
Q4 2011+0.9%
Q4 2008+0.9%
Q3 2011+0.1%
Q2 2011+2.8%
Q1 2011+0.1%
Q4 2010-0.3%
Q3 2009-0.2%
Q3 2010-0.2%
Q2 2009-1.3%
Q2 2010-1.3%
Q1 2010+3.1%
Q4 2009+3.1%
Q1 2009+3.1%

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