NASDAQ$ORLY

O'Reilly Automotive Inc · Q3 2024 earnings

Q3 2024 earnings · · Investor relations

Briefing

O'Reilly Automotive's Q3 2024 performance was announced, with record revenue and earnings achieved.

O'Reilly Automotive reported a 4% increase in revenue, reaching $4.36 billion. Diluted earnings per share increased by 6% to $11.41. Comparable store sales grew by 1.5%.

  • Comparable store sales increased by 1.5%.
  • Diluted earnings per share increased by 6% to $11.41.
  • Sales for the third quarter increased by 4% to $4.36 billion.
  • Net income for the third quarter increased by 2% to $665 million.

Headline financials

Total Revenue

$4.36B

Previous: $4.2B+3.8%
EPS

$11.41

Previous: $10.72+6.4%
Comparable Store Sales Growth

1.5%

Previous: 8.7%-82.8%
Gross Profit Margin

51.6%

No prior period
SG&A as % of Sales

31.0%

No prior period
Operating Income Margin

20.5%

No prior period
Net Income Margin

15.2%

No prior period
Capital Expenditures

-$733M

Previous: -$754M+2.8%
Free Cash Flow

-$67.5M

Previous: -$104M+35.2%
Net Income

$665M

Previous: $650M+2.4%
Operating Income

$897M

Previous: $897M-0.1%
Gross Profit

$2.25B

Previous: $2.16B+4.2%
Cash & Equivalents

$116M

Previous: $82.7M+39.9%
Total Assets

$14.6B

Previous: $13.6B+7.6%
Stock-Based Comp

$7.37M

Previous: $7.38M-0.1%

Revenue & EPS history

O'Reilly Auto · Revenue · Quarterly

$4.36B

Q3 2024+3.8%vs Q3 2023
Beat estimate in 9 of 15 quarters(60%)
ActualEstimate

Forward guidance

O'Reilly Automotive is tightening its full-year comparable store sales guidance from a range of 2.0% to 4.0% to a range of 2.0% to 3.0%, to reflect performance so far this year and expectations for the remainder of 2024.

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 Q3 2024

Historical avgQ3 2024

+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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