Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Advance Auto Parts's share price for the quarter that ended in Mar. 2026 was $52.75. Advance Auto Parts's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 60 Mil. Therefore, Advance Auto Parts's market cap for the quarter that ended in Mar. 2026 was $3,182 Mil.
Advance Auto Parts's quarterly market cap
declined
from Sep. 2025 ($3,683 Mil) to Dec. 2025 ($2,359 Mil) but then
increased
from Dec. 2025 ($2,359 Mil) to Mar. 2026 ($3,182 Mil).
Advance Auto Parts's annual market cap
declined
from Dec. 2023 ($3,632 Mil) to Dec. 2024 ($2,809 Mil) and
declined
from Dec. 2024 ($2,809 Mil) to Dec. 2025 ($2,359 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Advance Auto Parts's Enterprise Value for Today is $5,766 Mil.
Advance Auto Parts (NYSE:AAP) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Advance Auto Parts Market Cap Related Terms
Advance Auto Parts Market Cap Historical Data
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The historical data trend for Advance Auto Parts's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Auto Parts subindustry, Advance Auto Parts's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Advance Auto Parts Market Cap vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Advance Auto Parts's Market Cap distribution charts can be found below:
* The bar in red indicates where Advance Auto Parts's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Advance Auto Parts's Market Cap for the fiscal year that ended in Dec. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Advance Auto Parts (AAP) has a Market Cap of $3,495 Mil as of Jun. 24, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Advance Auto Parts and its competitors. According to the industry distribution chart, Advance Auto Parts ranks #162 out of 1346 companies in the Vehicles & Parts industry, placing it in the top 12%.
Is Advance Auto Parts' Market Cap too high?
Advance Auto Parts' current Market Cap is $3,495 Mil. The Vehicles & Parts industry median Market Cap is 264.78. Advance Auto Parts' value of $3,495 Mil is 1220% above this industry median. Based on the distribution chart, Advance Auto Parts ranks #162 out of 1346 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Advance Auto Parts has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Advance Auto Parts' Market Cap compare to DORM and ATMU?
According to the Vehicles & Parts industry distribution chart, Advance Auto Parts ranks #162 out of 1346 companies for Market Cap. This places Advance Auto Parts in the top 12% of its industry — outperforming the majority of peers. The industry median Market Cap is 264.78. Advance Auto Parts' value of $3,495 Mil is 1220% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Vehicles & Parts company?
The median Market Cap among Vehicles & Parts companies is 264.78, based on 1,346 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Advance Auto Parts's current Market Cap of $3,495 Mil is 1220% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Advance Auto Parts and its competitors. For the Vehicles & Parts industry, the median Market Cap is 264.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Advance Auto Parts's current Market Cap is $3,495 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advance Auto Parts stock overvalued right now?
Based on GuruFocus' analysis, Advance Auto Parts (AAP) is currently considered Modestly Overvalued. The stock's GF Value™ is $52.12, compared to a current price of $57.94 — trading 11.2% above its estimated fair value. The current Market Cap is $3,495 Mil and 1220% above the Vehicles & Parts industry median of 264.78. Advance Auto Parts' overall GF Score™ is 69/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Advance Auto Parts (AAP), the current Market Cap is $3,495 Mil as of Jun. 24, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Advance Auto Parts (AAP) Overvalued in 2026?
Based on GuruFocus' analysis, Advance Auto Parts stock appears to be overvalued.
The current stock price of $57.94 is trading 11.2% above its estimated GF Value™ of $52.12.
GuruFocus considers Advance Auto Parts to be Modestly Overvalued.
Key valuation signals for AAP:
Market Cap: $3,495 Mil
GF Value™: $52.12 vs. price of $57.94 (11.2% above fair value)
Industry Position: 1220% above the Vehicles & Parts median (#162 of 1346)
No single metric tells the full story. See the AAP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Advance Auto Parts is a leading auto-parts retailer in North America with more than 4,000 store and branch locations. About half of the firm's sales are geared toward the professional channel, with the remaining sales in the do-it-yourself market. Through its vast store footprint and distribution network, Advance manages thousands of stock-keeping units for various vehicle makes and models. The retailer primarily competes on inventory availability and service speed, making the operating efficiency of its hub-and-spoke distribution model critical to meeting customer needs.
69GF Score
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