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Advance Auto Parts (Advance Auto Parts) Tax Rate % : 34.97% (As of Dec. 2023)


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What is Advance Auto Parts Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Advance Auto Parts's Tax Expense for the three months ended in Dec. 2023 was $-33 Mil. Advance Auto Parts's Pre-Tax Income for the three months ended in Dec. 2023 was $-93 Mil. Therefore, Advance Auto Parts's Tax Rate % for the quarter that ended in Dec. 2023 was 34.97%.


Advance Auto Parts Tax Rate % Historical Data

The historical data trend for Advance Auto Parts's Tax Rate % 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.

* Premium members only.

Advance Auto Parts Tax Rate % Chart

Advance Auto Parts Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.65 24.27 23.75 23.16 6.63

Advance Auto Parts Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.60 28.45 25.89 24.39 34.97

Advance Auto Parts Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Advance Auto Parts's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2023 )/Pre-Tax Income (A: Dec. 2023 )
=2.112/31.847
=6.63 %

Advance Auto Parts's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2023 )/Pre-Tax Income (Q: Dec. 2023 )
=-32.537/-93.047
=34.97 %

* 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 Tax Rate % Related Terms

Thank you for viewing the detailed overview of Advance Auto Parts's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.


Advance Auto Parts (Advance Auto Parts) Business Description

Traded in Other Exchanges
Address
4200 Six Forks Road, Raleigh, NC, USA, 27609
Advance Auto Parts is one of the industry's largest retailers of aftermarket automotive parts, tools, and accessories to do-it-yourself customers and third-party vehicle repair facilities in North America. Advance operated 5,086 stores as of the end of 2022, in addition to servicing 1,311 independently owned Carquest stores. The company's Worldpac chain is a premier distributor of imported original-equipment parts. Advance derived 59% of its 2022 sales from commercial clients, with the remainder from DIY shoppers.
Executives
Kristen L Soler officer: EVP, Chief HR Officer 12200 FOX VALLEY STREET, RALEIGH NC 27614
Lee Eugene I Jr director 1000 DARDEN CENTER DRIVE, ORLANDO FL 32837
Shane M Okelly director, officer: Director, President and CEO 4200 SIX FORKS ROAD, RALEIGH NC 27609
Anthony A Iskander officer: Interim CFO, SVP, Fin & Treas 4200 SIX FORKS ROAD, RALEIGH NC 27609
Douglas A Pertz director 1801 BAYBERRY COURT, RICHMOND VA 23226
Joan M Hilson director 150 THORN HILL DRIVE, WARRENDALE PA 15086-7528
John Francis Ferraro director 9 WALNUT AVE, CAMBRIDGE MA 02140
Carla Jean Bailo director 1775 SHERMAN STREET, SUITE 1200, DENVER CO 80203
Jones Jeffrey J Ii director ONE H&R BLOCK WAY, KANSAS CITY MO 64105
Szilagyi J Stephen officer: EVP Chief Supply Chain Officer 15027 JUNE WASHAM ROAD, RALEIGH NC 27609
Word Herman L Jr officer: EVP, U.S. Stores & CQ Ind. 1033 LINENHALL WAY, WAKE FOREST NC 27587
Pellicciotti William J Jr officer: SVP, Controller and CAO 4200 SIX FORKS ROAD, RALEIGH NC 27609
Robert B Cushing officer: EVP, Commercial 1432 FREEMAN LANE, PLEASANTON VA 94566
Sherice Torres director PO BOX 20833, SAN JOSE CA 95160
Natalie Schechtman officer: SVP Human Resources 45 ROUND HOUSE ROAD, BEDFORD NY 10506