O Reilly Automotive Inc (ORLY)

Consumer Discretionary · Automotive Retail · US stock · S&P 500 component

$92.00 ▲ +2.80 (3.14%)

At close 22 Oct 2026 · USD · Volume 4,988,491

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Fair valueFair

$88 −4.2% to fair value

$44fair band $75–$107$132

Day's range

$89.20 – $92.03

52-week range

$82.59 – $102.46

Red flags⚠ Negative equity⚠ Negative equity⚠ Negative equity⚠ Negative equity⚠ Negative equity

About O Reilly Automotive Inc

As a specialty retailer, O'Reilly Automotive supplies replacement parts, tools, accessories and maintenance items for cars and light trucks across the United States. Its customers are do-it-yourself vehicle owners and professional repair shops, and it serves both from a network of stores supported by regional distribution centres. A dedicated sales team calls on professional customers, while shoppers can also order through the company's website.

Revenue comes from parts and accessory sales through the stores, to both everyday drivers and repair businesses. Over the last twelve months it reached $18.6 billion, and it has grown at 7.3% a year across the last three years. The operating margin is 19.6%, and the business earns a profit of 58% on the capital invested in it. It carries net debt of 1.6 times EBITDA and does not pay a dividend. On the site's X-Ray Score it receives 46 out of 100.

Price chart

Interactive chart Historical data & CSV

52-wk range $82.59 – $102.46Volume 4,988,491Daily, split-adjusted

Vitals

Market cap$76.3B

52-week range$82.59 – $102.46

Volume (last day)4,988,491

P/E (TTM)29.3

EBIT / EV yield4.4%

Free-cash-flow yield2.8%

Dividend yieldNo dividend

Revenue (TTM)$18.6B

Net income (TTM)$2.7B

Operating margin19.6%

Return on capital57.6%

Debt incl. leases$7.0B

Cash & securities$262M

Debt = borrowings plus lease liabilities. Cash & securities = cash, equivalents and short-term marketable securities (long-term securities are not counted, so net cash can be understated for companies that hold large long-term investments). Net debt = debt minus cash & securities. Source: latest SEC 10-Q/10-K. EBIT / EV yield = operating profit divided by market cap plus net debt.

Fair value estimate

$88middle half of models $87 – $96

Fair −4.2% to fair value

Average of the 12 valuation models that pass our checks: multiples, discounted cash flow, dividend discount and earnings power value. A model more than 100% above or 60% below the price is left out as unrealistic. Model uncertainty is Low, based on how far apart the models are. Undervalued or Overvalued means the gap to fair value is more than 17.5%.

Price $92

Undervalued < $75Fair $75 – $107Overvalued > $107

P/E multiple

$92

P/S multiple

$92

EV/EBITDA multiple

$91

EV/EBIT multiple

$94

EV/revenue multiple

$93

10-year DCF, EBITDA exit

$96

5-year DCF, EBITDA exit

$99

10-year DCF, revenue exit

$96

5-year DCF, revenue exit

$99

10-year DCF, growth exit

$65

5-year DCF, growth exit

$63

Earnings power value

$78

Growth the price implies

13.2%/yr

A model estimate, not a price target or recommendation. Inputs: risk-free 5.13%, equity risk premium 4.30% (Damodaran). How it works.

What this means

Average business, fairly priced

The price sits inside our fair-value band. A high score does not guarantee a good outcome; it shifts the odds a little. Use the checklist as a prompt for your own research.

Before you invest · decision checklist

I understand how this company makes money Business quality is average or better ✓ 57 The price is not above fair value $88 fair value Debt looks manageable 1.6× EBITDA Revenue has been growing 7.3% a year Profits are backed by cash There are no red flags 5 raised I know what share of my savings this would be

Ticked boxes are filled in from our data; the rest are yours to answer.

The five-lens scan

Every score explained in one sentence, ranked against Consumer Discretionary peers. Open a lens to see the numbers behind it.

Strong: 70 to 100Fair: 50 to 69Weak: under 50No score: not enough data

Valuation Weak

27/100

Expensive against its sector on earnings and cash flow.

See the numbers →

EBIT / EV yield4.4%

Free-cash-flow yield2.8%

Fair value vs price1.0×

Growth Weak

42/100

Growing slower than most of its sector.

See the numbers →

Revenue growth (3y)7.3%

EPS growth (3y)-55.4%

Growth consistency100%

Profitability Fair

67/100

Returns on capital are typical for its sector.

See the numbers →

Return on invested capital57.6%

Operating margin19.6%

Gross profitability55.1%

Financial health Weak

46/100

Balance sheet is more stretched than most peers.

See the numbers →

Piotroski F-Score7 / 9

Net debt / EBITDA1.6×

Interest cover14.4×

Dividends None

–/100

Pays no dividend.

See the numbers →

Quarterly results: last 6 quarters

+4.0%

Mar '25

+5.9%

Jun '25

+7.8%

Sep '25

+7.8%

Dec '25

+10.2%

Mar '26

+8.1%

Jun '26

Revenue against the same quarter a year earlier. Latest quarter revenue $4.9B, diluted EPS $0.86.

Compare with peers

CVNA Carvana Co.50 AZO Autozone Inc49

Other Automotive Retail companies by X-Ray Score.

SWOT analysis: O Reilly Automotive Inc

Strengthsinside the company

Return on invested capital is 57.6%, against a median of 24.2% for sector peers.
Operating margin of 19.6% is well above the 14.8% median of sector peers, a sign of pricing power or lower costs.
Operating profit covers interest 14x, so debt costs are a small drag.
Passes 7 of the 9 Piotroski tests, which points to improving profitability, funding and efficiency.

Weaknessesinside the company

Earnings per share have declined 55.4% a year over three years.

Opportunitiesvaluation and setting

Price momentum is strong on the weekly and monthly signals (trends can reverse).

Threatsvaluation and setting

Trades at 28.8x earnings, 39% above the 20.7x median of sector peers, so the price already assumes better results.
Our checks raised: Negative equity; Negative equity.

Written by fixed rules from the figures on this page and the peer table below: filings, our fair value, the sector climate and the price trend. It summarises the data, it is not a forecast or advice.

Compare ORLY with peers and sector

Medians of 46 Consumer Discretionary peers and of 46 Consumer Discretionary stocks in our universe. Largest peers (X-Ray Score): AMZN 42, TSLA 28, HD 40, MCD 53, TJX 55, BKNG 70.

Metric	ORLY	Peers	Sector
X-Ray Score (out of 100)	46	51	51
Valuation	27	49	49
Growth	42	53	53
Profitability	67	52	52
Financial health	46	50	50
Dividends	–	52	52

Sector leaders: highest X-Ray Score in Consumer Discretionary

ORLY ranks #32 of 47 in Consumer Discretionary by X-Ray Score. A higher score is stronger on our five pillars; it is a ranking of facts, not a forecast.

Company	X-Ray Score
#1 DECK Deckers Outdoor Corp	85
#2 LULU lululemon athletica inc.	76
#3 BKNG Booking Holdings Inc.	70
#4 LVS Las Vegas Sands Corp	64
#5 CMG Chipotle Mexican Grill Inc	64
…
#32 ORLY O Reilly Automotive Inc (this stock)	46

Metric	ORLY	Peers	Sector
P/E ratio	28.8x	20.7x	20.7x
PEG ratio	–	1.93	1.93
Price / book	–	7.2x	7.2x
Price / sales	4.1x	2.1x	2.1x
EV / EBITDA	19.9x	14.6x	14.6x
Price / free cash flow	35.4x	22.2x	22.2x
Dividend yield	–	1.9%	1.9%
Gap to our fair value	−4.2%	+3.5%	+3.5%

Metric	ORLY	Peers	Sector
Price change, 1 month	+7.2%	+4.0%	+4.0%
Price change, 3 months	+6.3%	−0.0%	−0.0%
Price change, 6 months	−2.0%	−3.3%	−3.3%
Price change, 1 year	−9.1%	−6.9%	−6.9%

Metric	ORLY	Peers	Sector
Market value	$76.3B	$39.4B	$39.4B
Revenue (last 12 months)	$18.6B	$17.1B	$17.1B
EBITDA (last 12 months)	$4.2B	$2.8B	$2.8B
Net income (last 12 months)	$2.7B	$1.7B	$1.7B
Free cash flow (last 12 months)	$2.2B	$1.7B	$1.7B

Metric	ORLY	Peers	Sector
Revenue growth, last year	+6.4%	+4.9%	+4.9%
Revenue growth, 3 years a year	+7.3%	+6.4%	+6.4%
EPS growth, 3 years a year	−55.4%	+5.2%	+5.2%
Free cash flow growth, 3 years a year	−14.9%	+12.3%	+12.3%
Dividend growth	–	+6.4%	+6.4%

Metric	ORLY	Peers	Sector
Gross margin	51.6%	41.2%	41.2%
EBITDA margin	22.5%	17.7%	17.7%
Operating margin	19.6%	14.8%	14.8%
Net margin	14.3%	11.4%	11.4%
Return on invested capital	57.6%	24.2%	24.2%
Return on equity	–	35.3%	35.3%

Metric	ORLY	Peers	Sector
Net debt / EBITDA	1.6x	2.1x	2.1x
Interest cover	14.4x	28.1x	28.1x
Current ratio	0.8x	1.1x	1.1x
Piotroski F-score (0 to 9)	7	6	6

Green means better than the peer median, red worse (only where a higher or lower figure is clearly better). A dash means too few companies report the figure. P/E, EV/EBITDA and price changes are not graded: a different level is not good or bad by itself.

Factor ratings for ORLY

Each factor is rated by where ORLY stands among the 47 Consumer Discretionary stocks in our universe.

Rating against the sector

Goodthe top third of these stocks

Averagethe middle third of these stocks

Badthe bottom third of these stocks

"Beats" is the share of those stocks it is ahead of.

Against its own history

The last columns set today's figure against the company's own median of its last five financial years:

▲ Betterbetter than its usual level

▼ Worseworse than its usual level

≈ In linewithin its usual range

For valuation factors Good means cheaper than most of the sector and Better means cheaper than usual for this company, which is not the same as a bargain.

In total: 4 Good · 7 Average · 10 Bad of 21 Growth: 0 · 2 · 1 Profitability: 3 · 1 · 0 Financial strength: 1 · 2 · 1 Valuation: 0 · 0 · 4 Cash flow: 0 · 1 · 3 Efficiency: 0 · 1 · 1

Factor	ORLY	Rating	Sector median	Own 5-year median	Against own history
Growth
Revenue growth, 3 years a year	+7.3%	Average beats 57%	+6.5%	–	–
Revenue growth, last year	+6.4%	Average beats 58%	+4.9%	+8.1%	≈ In line
EPS growth, 3 years a year	−55.4%	Bad beats 4%	+4.0%	–	–
Profitability
Gross margin	51.6%	Average beats 66%	42.5%	51.3%	≈ In line
Operating margin	19.6%	Good beats 72%	14.9%	20.2%	≈ In line
Net margin	14.3%	Good beats 77%	11.4%	14.8%	≈ In line
Return on invested capital	57.6%	Good beats 82%	24.6%	–	–
Financial strength
Net debt / EBITDA	1.6x	Average beats 51%	1.8x	1.5x	≈ In line
Interest cover	14.4x	Average beats 42%	25.3x	15.8x	≈ In line
Current ratio	0.75	Bad beats 22%	1.10	0.73	≈ In line
Piotroski F-score	7 / 9	Good beats 76%	6 / 9	–	–
Valuation
P/E ratio	28.8x	Bad beats 23%	21.1x	29.2x	≈ In line
Price / sales	4.1x	Bad beats 20%	2.1x	4.2x	≈ In line
EV / EBITDA	19.9x	Bad beats 23%	15.0x	20.2x	≈ In line
Free cash flow yield	2.8%	Bad beats 19%	4.3%	2.9%	≈ In line
Cash flow
Free cash flow margin	11.6%	Average beats 58%	10.8%	12.8%	≈ In line
Cash from operations / net income	1.24	Bad beats 28%	1.37	1.29	≈ In line
Free cash flow growth, 3 years a year	−14.9%	Bad beats 13%	+12.1%	–	–
Accruals (lower is better)	−3.7%	Bad beats 26%	−5.3%	–	–
Efficiency
Inventory turnover	1.5x	Bad beats 2%	4.2x	1.6x	≈ In line
Days sales outstanding	9 days	Average beats 61%	14 days	8 days	≈ In line

These ratings compare companies with each other and describe the past; they are not a forecast, a recommendation or part of the X-Ray Score. A factor is left out when its data is missing or meaningless (for example a P/E on negative earnings). A dash in the history columns means fewer than three usable years.

Fundamentals checklist

● 4 Good · ● 4 Average · ● 8 Bad

Cash quality

Earnings backed by cashBad

Free-cash-flow yieldBad

Risk models

Altman Z''Bad

Piotroski F-ScoreGood

Growth

EPS growth (3y)Bad

Free-cash-flow growth (3y)Bad

Revenue growth (3y)Average

Growth consistencyGood

Balance sheet

Current ratioBad

Net debt / EBITDAAverage

Interest coverAverage

Valuation

Fair value vs priceBad

EBIT / EV yieldBad

Profitability

Return on invested capitalGood

Operating marginGood

Gross profitabilityAverage

Each check is graded against the company's sector, not a fixed number. Checklist score 42/100.

Financials

	FY21	FY22	FY23	FY24	FY25
Revenue	$13.3B	$14.4B	$15.8B	$16.7B	$17.8B
Operating income	$2.9B	$3.0B	$3.2B	$3.3B	$3.5B
Net income	$2.2B	$2.2B	$2.3B	$2.4B	$2.5B
Operating cash flow	$3.2B	$3.1B	$3.0B	$3.0B	$2.8B
Operating margin	21.9%	20.5%	20.2%	19.5%	19.5%
Free cash flow	$2.8B	$2.6B	$2.0B	$2.0B	$1.6B
Diluted EPS	$31.10	$33.44	$2.56	$2.71	$2.97

Fiscal years, from SEC filings.

Technical summary

Daily

Strongly bullish

12 bullish · 1 neutral · 3 bearish

Weekly

Strongly bullish

9 bullish · 1 neutral · 2 bearish

Monthly

Bullish

5 bullish · 1 neutral · 2 bearish

Moving averages (daily)

SMA 10	88.39	Bullish
EMA 10	88.77	Bullish
SMA 20	86.88	Bullish
EMA 20	87.69	Bullish
SMA 50	87.35	Bullish
EMA 50	87.49	Bullish
SMA 100	88.04	Bullish
EMA 100	88.39	Bullish
SMA 200	90.66	Bullish
EMA 200	89.95	Bullish

Oscillators (daily)

RSI (14)	68.52	Neutral
MACD (12, 26)	0.98	Bullish
Momentum (12)	8.06	Bullish
Stochastic %K (14)	99.67	Bearish
Williams %R (14)	-0.33	Bearish
CCI (20)	169.2	Bearish

Pivot points (classic, last session)

87.29

88.25

90.12

Pivot

91.08

92.95

93.91

95.78

Signals describe what the chart is doing, not what to do. Moving averages: price above the average is bullish. Oscillators use the usual thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20; MACD and momentum above zero are bullish). Weekly and monthly views use closing prices only.

ETFs that hold ORLY

ETF	Share of the fund
XLY Consumer Discretionary Select Sector S...	1.90%
XRT SPDR S&P Retail	1.37%
AKRE Akre Focus	1.19%
FDIS Fidelity MSCI Consumer Discretionary I...	1.16%
VCR Vanguard Consumer Discretionary	1.10%
QQQE Direxion NASDAQ-100 Equal Weighted Ind...	1.05%
FQAL Fidelity Quality Factor	0.84%
SPLV Invesco S&P 500 Low Volatility	0.80%

The eight funds with the largest weight in ORLY among the ETFs we cover, from each fund's latest SEC Form N-PORT (quarter-end positions, so they can be months old). All ETFs.