Stock Analysis on Net

O’Reilly Automotive Inc. (NASDAQ:ORLY)

This company has been moved to the archive! The financial data has not been updated since November 8, 2022.

Analysis of Long-term (Investment) Activity Ratios
Quarterly Data

Microsoft Excel

Long-term Activity Ratios (Summary)

O’Reilly Automotive Inc., long-term (investment) activity ratios (quarterly data)

Microsoft Excel
Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017
Net fixed asset turnover 3.24 3.21 3.19 3.16 3.06 3.02 2.97 2.83 2.76 2.65 2.55 2.57 2.58 2.61 2.63 2.66 2.69 2.70 2.69 2.68
Net fixed asset turnover (including operating lease, right-of-use asset) 2.18 2.20 2.18 2.15 2.07 2.03 1.99 1.91 1.88 1.80 1.72 1.73 1.73 1.73 1.74 2.66 2.69 2.70 2.69 2.68
Total asset turnover 1.15 1.14 1.15 1.14 1.09 1.05 1.03 1.00 0.90 0.91 0.92 0.95 0.96 0.96 0.96 1.19 1.19 1.19 1.19 1.19
Equity turnover 57.85 82.74 15.87 18.19 93.86 25.54 60.05 67.72 25.95 26.96 18.89 24.08 21.48 13.75

Based on: 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).

Long-term activity ratio Description The company
Net fixed asset turnover An activity ratio calculated as total revenue divided by net fixed assets. O’Reilly Automotive Inc. net fixed asset turnover ratio improved from Q1 2022 to Q2 2022 and from Q2 2022 to Q3 2022.
Net fixed asset turnover (including operating lease, right-of-use asset) An activity ratio calculated as total revenue divided by net fixed assets (including operating lease, right-of-use asset). O’Reilly Automotive Inc. net fixed asset turnover ratio (with operating lease, right-of-use asset) improved from Q1 2022 to Q2 2022 but then deteriorated significantly from Q2 2022 to Q3 2022.
Total asset turnover An activity ratio calculated as total revenue divided by total assets. O’Reilly Automotive Inc. total asset turnover ratio deteriorated from Q1 2022 to Q2 2022 but then improved from Q2 2022 to Q3 2022 not reaching Q1 2022 level.

Net Fixed Asset Turnover

O’Reilly Automotive Inc., net fixed asset turnover calculation (quarterly data)

Microsoft Excel
Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017
Selected Financial Data (US$ in thousands)
Sales 3,798,619 3,670,737 3,296,011 3,291,493 3,479,570 3,465,601 3,090,899 2,828,773 3,207,638 3,091,595 2,476,487 2,482,975 2,666,528 2,589,874 2,410,608 2,314,957 2,482,717 2,456,073 2,282,681 2,190,808 2,339,830 2,290,829 2,156,259
Net property and equipment 4,343,820 4,282,413 4,236,627 4,213,515 4,201,685 4,164,154 4,112,897 4,094,918 4,072,897 4,038,483 4,008,644 3,948,203 3,870,707 3,754,351 3,676,710 3,587,002 3,501,933 3,434,884 3,389,763 3,343,806 3,292,681 3,229,398 3,174,650
Long-term Activity Ratio
Net fixed asset turnover1 3.24 3.21 3.19 3.16 3.06 3.02 2.97 2.83 2.76 2.65 2.55 2.57 2.58 2.61 2.63 2.66 2.69 2.70 2.69 2.68
Benchmarks
Net Fixed Asset Turnover, Competitors2
Amazon.com Inc. 2.83 2.80 2.84 2.93 3.11 3.32 3.45 3.41 3.48 3.72 3.81 3.86
GameStop Corp. 32.73 29.94 27.75 25.30 26.75 25.47 23.17 23.44 25.55 25.10 25.69 25.79
Home Depot Inc. 5.92 5.83 5.73 5.35 5.27 5.10 4.94 4.84 4.94 4.91 4.92 4.84
Lowe’s Cos. Inc. 5.03 4.97 4.95 4.68 4.57 4.32 4.00 3.86 3.91 3.94 3.95 3.87
TJX Cos. Inc. 8.84 8.46 7.46 6.38 6.67 6.61 7.08 7.83 7.74 7.94 7.88 7.42

Based on: 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).

1 Q3 2022 Calculation
Net fixed asset turnover = (SalesQ3 2022 + SalesQ2 2022 + SalesQ1 2022 + SalesQ4 2021) ÷ Net property and equipment
= (3,798,619 + 3,670,737 + 3,296,011 + 3,291,493) ÷ 4,343,820 = 3.24

2 Click competitor name to see calculations.

Long-term activity ratio Description The company
Net fixed asset turnover An activity ratio calculated as total revenue divided by net fixed assets. O’Reilly Automotive Inc. net fixed asset turnover ratio improved from Q1 2022 to Q2 2022 and from Q2 2022 to Q3 2022.

Net Fixed Asset Turnover (including Operating Lease, Right-of-Use Asset)

O’Reilly Automotive Inc., net fixed asset turnover (including operating lease, right-of-use asset) calculation (quarterly data)

Microsoft Excel
Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017
Selected Financial Data (US$ in thousands)
Sales 3,798,619 3,670,737 3,296,011 3,291,493 3,479,570 3,465,601 3,090,899 2,828,773 3,207,638 3,091,595 2,476,487 2,482,975 2,666,528 2,589,874 2,410,608 2,314,957 2,482,717 2,456,073 2,282,681 2,190,808 2,339,830 2,290,829 2,156,259
 
Net property and equipment 4,343,820 4,282,413 4,236,627 4,213,515 4,201,685 4,164,154 4,112,897 4,094,918 4,072,897 4,038,483 4,008,644 3,948,203 3,870,707 3,754,351 3,676,710 3,587,002 3,501,933 3,434,884 3,389,763 3,343,806 3,292,681 3,229,398 3,174,650
Operating lease, right-of-use assets 2,109,581 1,965,941 1,976,018 1,982,478 2,011,115 2,028,329 2,041,096 1,995,127 1,913,897 1,926,270 1,935,295 1,928,369 1,908,931 1,895,099 1,886,364
Net property and equipment (including operating lease, right-of-use asset) 6,453,401 6,248,354 6,212,645 6,195,993 6,212,800 6,192,483 6,153,993 6,090,045 5,986,794 5,964,753 5,943,939 5,876,572 5,779,638 5,649,450 5,563,074 3,587,002 3,501,933 3,434,884 3,389,763 3,343,806 3,292,681 3,229,398 3,174,650
Long-term Activity Ratio
Net fixed asset turnover (including operating lease, right-of-use asset)1 2.18 2.20 2.18 2.15 2.07 2.03 1.99 1.91 1.88 1.80 1.72 1.73 1.73 1.73 1.74 2.66 2.69 2.70 2.69 2.68
Benchmarks
Net Fixed Asset Turnover (including Operating Lease, Right-of-Use Asset), Competitors2
Amazon.com Inc. 2.10 2.09 2.13 2.17 2.30 2.51 2.61 2.56 2.59 2.80 2.85 2.87
GameStop Corp. 7.39 6.72 6.31 5.90 6.00 6.16 6.17 6.20 7.02 7.24 7.18 25.79
Home Depot Inc. 4.79 4.70 4.63 4.31 4.29 4.14 3.96 3.89 3.95 3.90 3.93 4.84
Lowe’s Cos. Inc. 4.12 4.14 4.11 3.90 3.79 3.59 3.31 3.20 3.23 3.24 3.25 3.87
TJX Cos. Inc. 3.19 3.02 2.66 2.29 2.38 2.38 2.58 2.90 2.84 2.86 2.86 7.42

Based on: 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).

1 Q3 2022 Calculation
Net fixed asset turnover (including operating lease, right-of-use asset) = (SalesQ3 2022 + SalesQ2 2022 + SalesQ1 2022 + SalesQ4 2021) ÷ Net property and equipment (including operating lease, right-of-use asset)
= (3,798,619 + 3,670,737 + 3,296,011 + 3,291,493) ÷ 6,453,401 = 2.18

2 Click competitor name to see calculations.

Long-term activity ratio Description The company
Net fixed asset turnover (including operating lease, right-of-use asset) An activity ratio calculated as total revenue divided by net fixed assets (including operating lease, right-of-use asset). O’Reilly Automotive Inc. net fixed asset turnover ratio (with operating lease, right-of-use asset) improved from Q1 2022 to Q2 2022 but then deteriorated significantly from Q2 2022 to Q3 2022.

Total Asset Turnover

O’Reilly Automotive Inc., total asset turnover calculation (quarterly data)

Microsoft Excel
Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017
Selected Financial Data (US$ in thousands)
Sales 3,798,619 3,670,737 3,296,011 3,291,493 3,479,570 3,465,601 3,090,899 2,828,773 3,207,638 3,091,595 2,476,487 2,482,975 2,666,528 2,589,874 2,410,608 2,314,957 2,482,717 2,456,073 2,282,681 2,190,808 2,339,830 2,290,829 2,156,259
Total assets 12,238,028 12,067,689 11,760,389 11,718,707 11,789,385 11,949,333 11,850,887 11,596,642 12,503,951 11,728,535 11,108,862 10,717,160 10,372,724 10,201,943 10,061,562 7,980,789 7,894,714 7,766,740 7,666,657 7,571,885 7,479,328 7,345,698 7,203,724
Long-term Activity Ratio
Total asset turnover1 1.15 1.14 1.15 1.14 1.09 1.05 1.03 1.00 0.90 0.91 0.92 0.95 0.96 0.96 0.96 1.19 1.19 1.19 1.19 1.19
Benchmarks
Total Asset Turnover, Competitors2
Amazon.com Inc. 1.17 1.16 1.16 1.12 1.20 1.23 1.30 1.20 1.23 1.25 1.34 1.25
GameStop Corp. 1.56 1.58 2.09 2.06 1.98 2.36 2.41 2.29 2.33 2.62 2.21 2.05
Home Depot Inc. 2.02 2.04 1.95 1.87 1.88 1.88 1.91 2.15 2.12 2.12 2.13 2.46
Lowe’s Cos. Inc. 1.93 1.92 1.84 1.92 1.68 1.55 1.62 1.83 1.80 1.76 1.66 2.07
TJX Cos. Inc. 1.52 1.50 1.25 1.04 1.06 1.27 1.45 1.73 1.67 1.75 1.76 2.72

Based on: 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).

1 Q3 2022 Calculation
Total asset turnover = (SalesQ3 2022 + SalesQ2 2022 + SalesQ1 2022 + SalesQ4 2021) ÷ Total assets
= (3,798,619 + 3,670,737 + 3,296,011 + 3,291,493) ÷ 12,238,028 = 1.15

2 Click competitor name to see calculations.

Long-term activity ratio Description The company
Total asset turnover An activity ratio calculated as total revenue divided by total assets. O’Reilly Automotive Inc. total asset turnover ratio deteriorated from Q1 2022 to Q2 2022 but then improved from Q2 2022 to Q3 2022 not reaching Q1 2022 level.

Equity Turnover

O’Reilly Automotive Inc., equity turnover calculation (quarterly data)

Microsoft Excel
Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017
Selected Financial Data (US$ in thousands)
Sales 3,798,619 3,670,737 3,296,011 3,291,493 3,479,570 3,465,601 3,090,899 2,828,773 3,207,638 3,091,595 2,476,487 2,482,975 2,666,528 2,589,874 2,410,608 2,314,957 2,482,717 2,456,073 2,282,681 2,190,808 2,339,830 2,290,829 2,156,259
Shareholders’ equity (deficit) (1,205,463) (1,107,430) (328,273) (66,423) (140,853) 217,694 (6,977) 140,258 709,225 589,100 108,844 397,340 166,219 144,682 372,365 353,667 498,379 384,990 423,828 653,046 614,179 869,312 1,422,596
Long-term Activity Ratio
Equity turnover1 57.85 82.74 15.87 18.19 93.86 25.54 60.05 67.72 25.95 26.96 18.89 24.08 21.48 13.75
Benchmarks
Equity Turnover, Competitors2
Amazon.com Inc. 3.65 3.70 3.57 3.40 3.80 3.86 4.06 4.13 4.20 4.36 4.54 4.52
GameStop Corp. 3.35 3.02 6.08 11.66 15.54 15.88 13.65 10.57 11.89 9.67 6.23 6.20
Home Depot Inc. 142.70 69.80 80.86 40.05 81.84
Lowe’s Cos. Inc. 212.01 62.35 20.95 18.46 43.17 36.59 29.20 27.19 22.15 19.57
TJX Cos. Inc. 7.08 6.75 6.16 5.51 6.00 7.24 7.78 7.01 7.33 7.55 7.71 7.72

Based on: 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).

1 Q3 2022 Calculation
Equity turnover = (SalesQ3 2022 + SalesQ2 2022 + SalesQ1 2022 + SalesQ4 2021) ÷ Shareholders’ equity (deficit)
= (3,798,619 + 3,670,737 + 3,296,011 + 3,291,493) ÷ -1,205,463 =

2 Click competitor name to see calculations.