Debt Management: Advance Auto Parts's debt-to-equity ratio is below the industry average. With a ratio of 1.7, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.

Advance Auto Parts, Inc. ( NYSE: AAP) Q1 2025 Earnings Conference Call May 22, 2025 8:00 AM ET Lavesh Hemnani - Vice President, Investor Relations Shane O'Kelly - President & Chief Executive Officer Ryan Grimsland - Executive Vice President & Chief Financial Officer