O REILLY AUTOMOTIVE INC（ORLY）の決算・業績分析
O REILLY AUTOMOTIVE INCの2025年有価証券報告書をAI分析。売上高$17.8B(+6.4%)。営業利益$3.5B。Consumer Discretionary。
目次
O REILLY AUTOMOTIVE INCの2025年度 業績サマリー
O REILLY AUTOMOTIVE INC（証券コード: ORLY）の2025年度決算・業績分析。売上高は$17.8B（前年比+6.4%）。営業利益は$3.5B（前年比+6.4%）。純利益は$2.5B（前年比+6.3%）。有価証券報告書を基に、業績変化の要因・リスク・見通し・セグメント構成を AI が分析しました。
O REILLY AUTOMOTIVE INCの2024年度 注目ポイント
※ 直近の2025年度XBRLデータは取込済みですが、AI分析は2024年度の10-Kを対象としています。
- Revenue grew 8.1% YoY to $14.4B (XBRL), driven by store expansion and dual-market strategy (10-K).
- Share repurchases totaled $3.3B (XBRL), reflecting strong shareholder returns despite negative equity of $1.1B (XBRL).
- Net debt of $5.3B (1.6x EBITDA) (XBRL) highlights leverage risks, though operating cash flow remained robust at $3.1B (XBRL).
- Inventory days surged to 242 (XBRL), while CCC improved to -65 days (XBRL), indicating efficient payables management but potential inventory overstock.
O REILLY AUTOMOTIVE INCの売上高変化の要因
- •Total revenue reached $14.4B in FY2024, representing +8.1% YoY growth (XBRL). Historical data shows consistent 5-year CAGR of +10.6% for revenue (XBRL). While no segment-specific revenue data is available (N/A), growth drivers include store expansion, omnichannel initiatives, and the dual-market strategy (10-K). The acquisition of Groupe Del Vasto (Vast Auto) in January 2024 contributed less than 1% of FY2024 revenue (10-K).
O REILLY AUTOMOTIVE INCの営業利益変化の要因
- •Gross profit of $7.4B (51.2% margin) (XBRL) and operating income of $3.0B (20.5% margin) (XBRL) reflect stable margins despite inflationary pressures (10-K). Net income grew slightly to $2.2B (+0.4% YoY) (XBRL), though ROE was -3270.9% (XBRL) due to negative equity. Operating income increased by +1.3% YoY (XBRL), but EBITDA margin remained stable at 23.0% (XBRL).
O REILLY AUTOMOTIVE INCの事業リスクと対応
Deteriorating economic conditions could reduce demand and access to credit (10-K).
Shifts in vehicle technology (e.g., electric vehicles) may disrupt demand for traditional parts and services (10-K).
Reliance on third-party suppliers and credit counterparties poses operational risks (10-K).
Intense competition may require costly investments to maintain market position (10-K).
Regional weather and economic conditions could disrupt operations and sales (10-K).
Regulatory restrictions on telematics or repair information may increase reliance on dealers (10-K).
O REILLY AUTOMOTIVE INCの今後の見通し・業績予想
O REILLY AUTOMOTIVE INCの事業内容
O'Reilly Automotive Inc (ORLY) operates as a specialty retailer of automotive aftermarket parts, tools, supplies, and services, serving both DIY consumers (52% of sales) and professional service providers (48% of sales) (10-K). Key products include new/remanufactured parts, maintenance items, and accessories, with value-added services like diagnostic testing and custom hydraulic hoses (10-K). Competitive advantages include a dual-market strategy, technically proficient staff, and a strategic distribution network (10-K). The company emphasizes operational efficiency and parts availability as key differentiators in a competitive industry (10-K).
O REILLY AUTOMOTIVE INCのAI業績分析レポート（2024年度）
O'Reilly Automotive Inc (ORLY) FY2024 Annual Report Analysis
Highlights
Business Overview
O'Reilly Automotive Inc operates as a specialty retailer of automotive aftermarket parts, tools, supplies, and services, serving DIY consumers (52%) and professional service providers (48%) (10-K). Key products include new/remanufactured parts, maintenance items, and accessories, with services like diagnostic testing and custom hydraulic hoses (10-K). Competitive advantages include a dual-market strategy, technically proficient staff, and a strategic distribution network (10-K). The company's acquisition of Groupe Del Vasto (Vast Auto) in January 2024 contributed less than 1% of FY2024 revenue (10-K).
Revenue Analysis
Total revenue grew to $14.4B (+8.1% YoY) (XBRL), with a 5-year CAGR of +10.6% (XBRL). Growth drivers include store expansion, omnichannel initiatives, and the dual-market strategy (10-K). No segment-specific revenue data is available (N/A).
Profitability Analysis
Gross profit of $7.4B (51.2% margin) (XBRL) and operating income of $3.0B (20.5% margin) (XBRL) reflect stable margins despite inflationary pressures (10-K). Net income grew slightly to $2.2B (+0.4% YoY) (XBRL), though ROE was -3270.9% (XBRL) due to negative equity. Operating income increased by +1.3% YoY (XBRL), with EBITDA margin stable at 23.0% (XBRL).
Balance Sheet Analysis
Equity ratio was -0.5% (XBRL), with total equity at -$1.1B (XBRL) as of FY2025. Current ratio of 0.73x (XBRL) suggests potential liquidity constraints. Net debt of $5.3B (1.6x EBITDA) (XBRL) contrasts with cash reserves of $279M (XBRL). Total assets grew to $14.9B (XBRL), but total equity declined to -$1.1B (XBRL) over the 5-year period (XBRL).
Cash Flow Analysis
Operating cash flow of $3.1B (XBRL) supported $2.6B free cash flow (FCF) after $563M CapEx (XBRL). Share repurchases of $3.3B (XBRL) dominated financing activities, offsetting $563M CapEx and $358M depreciation (XBRL). Investing cash flow was -$740M (XBRL), primarily from CapEx. No dividends were mentioned (N/A).
Working Capital Analysis
Cash conversion cycle (CCC) improved to -65 days (XBRL), driven by 10-day receivables (XBRL) and 316-day payables (XBRL). Inventory days rose sharply to 242 (XBRL), indicating potential overstock or supply chain inefficiencies.
Risks
Outlook
Management expects U.S. miles driven, vehicle fleet growth, and macroeconomic factors like inflation and fuel costs to influence future results (10-K). No specific financial guidance was provided for FY2025 (N/A).
Historical Time Series
| Metric | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Revenue | 9.5B | 10.1B | 11.6B | 13.3B | 14.4B | 15.8B |
| Operating Income | 1.8B | 1.9B | 2.4B | 2.9B | 3.0B | 3.2B |
| Net Income | 1.3B | 1.4B | 1.8B | 2.2B | 2.2B | 2.3B |
| Total Assets | 10.7B | 11.6B | 11.7B | 12.6B | 13.9B | 14.9B |
| Total Equity | 653M | 354M | 397M | 140M | -66M | -1.1B |
| Operating Cash Flow | 1.7B | 1.7B | 2.8B | 3.2B | 3.1B | 3.0B |
Consumer Discretionaryの企業一覧
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