O'Reilly Automotive said sales for the year ended December 31, 2024 increased $16.71 billion to $896 million from $15.81 billion in 2023, representing a 6% increase. Comparable store sales for the same period increased 2.9%, and for 2023 increased 7.9%.

1. 01

   O'Reilly Automotive said sales for the year ended December 31, 2024 increased $16.71 billion to $896 million from $15.81 billion in 2023, representing a 6% increase. Comparable store sales for the same period increased 2.9%, and for 2023 increased 7.9%.

2. 02

   The company said gross profit for 2024 increased 6% to $8.55 billion, or 51.2% of sales, from 51.3% in 2023, and selling, general and administrative expenses increased 8% to $5.30 billion, or 31.7% of sales, from 31.1% in 2023.

3. 03

   O'Reilly Automotive said operating income for 2024 increased 2% to $3.25 billion, or 19.5% of sales, net income was $2.39 billion, and diluted earnings per common share increased 6% to $40.66.

4. 04

   The company began operating 23 stores in Canada from the Groupe Del Vasto (Vast Auto) acquisition in January 2024, opened 198 net new stores in 2024, and anticipates 200 to 210 net new store openings in 2025.

Key figures

Fiscal year ended December 31, 2024

Revenue

$16.7B

Operating income

$3.3B

Net income

$2.4B

EPS

$40.66

Gross profit

$8.6B

Operating cash flow

$3.0B

Analysis scope · Management's discussion (MD&A)We analyzed the Management's Discussion and Analysis (MD&A) section. Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.