NASDAQ$ORLY

O'Reilly Automotive Inc · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

O'Reilly Automotive's Q4 2021 earnings were released, revealing record revenue and a 41% increase in diluted earnings per share.

O'Reilly Automotive reported strong Q4 2021 results with a 16% increase in sales to $3.29 billion and a 41% increase in diluted earnings per share to $7.64. Comparable store sales grew by 14.5%.

  • Fourth quarter comparable store sales growth of 14.5%.
  • Diluted earnings per share increased 41% in the fourth quarter.
  • The company achieved record revenue and earnings for the fourth quarter.
  • O'Reilly operated 5,759 stores in 47 U.S. states and 25 stores in Mexico as of December 31, 2021.

Headline financials

Total Revenue

$3.29B

Previous: $2.83B+16.3%
EPS (adj)

$7.64

Previous: $5.40+41.5%
Comparable Store Sales Growth

14.5%

Previous: 11.2%+29.5%
Capital Expenditures

$102M

Previous: $102M+0.0%
Free Cash Flow

$540M

Previous: $385M+40.1%
Net Income

$519M

Previous: $393M+32.1%
Operating Income

$676M

Previous: $534M+26.5%
Gross Profit

$1.73B

Previous: $1.47B+17.5%
Cash & Equivalents

$362M

Previous: $466M-22.2%
Total Assets

$11.7B

Previous: $11.6B+1.1%
Stock-Based Comp

$6.11M

Previous: $5.69M+7.5%

Revenue & EPS history

O'Reilly Auto · Revenue · Quarterly

$3.29B

Q4 2021+16.3%vs Q4 2020
Beat estimate in 11 of 16 quarters(69%)
ActualEstimate

Forward guidance

O'Reilly Automotive provided its outlook for the full year 2022, anticipating continued strong customer demand and strategic investments in pricing for professional customers.

Tailwinds

  • Expectations for robust demand on both DIY and professional sides of the business.
  • Anticipated sales lift from professional pricing initiative.
  • Comparable store sales guidance range of 5% to 7%.
  • Planned strategy to further invest in pricing on the professional side of the business.
  • Confident in the strength of our Team and our industry.

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 Q4 2021

Historical avgQ4 2021

+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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