O'Reilly Automotive Q1 Revenue Edges Up to $5.9B

TL;DR

O'Reilly Q1 revenue up slightly to $5.9B. Steady as she goes.

AI Summary

O'Reilly Automotive Inc. reported its first quarter results for the period ending March 31, 2024. The company's total revenue for the quarter was $5.907 billion, a slight increase from $5.898 billion in the same period last year. The filing also notes subsequent events and details changes in retained earnings and additional paid-in capital as of March 31, 2024.

Why It Matters

This filing provides insight into O'Reilly's recent financial performance, indicating stable revenue growth in a key retail sector.

Risk Assessment

Risk Level: low — The filing reports on routine quarterly financial performance with no immediate red flags.

Key Numbers

• $5.907B — Q1 2024 Revenue (Represents the company's top-line performance for the first quarter.)
• $5.898B — Q1 2023 Revenue (Provides a year-over-year comparison for revenue.)

Key Players & Entities

• O'Reilly Automotive Inc. (company) — Filer of the 10-Q report
• 20240331 (date) — End of the reporting period
• $5.907 billion (dollar_amount) — Total revenue for Q1 2024
• $5.898 billion (dollar_amount) — Total revenue for Q1 2023

FAQ

From the Filing

0000898173-24-000022.txt : 20240509 0000898173-24-000022.hdr.sgml : 20240509 20240509163102 ACCESSION NUMBER: 0000898173-24-000022 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 86 CONFORMED PERIOD OF REPORT: 20240331 FILED AS OF DATE: 20240509 DATE AS OF CHANGE: 20240509 FILER: COMPANY DATA: COMPANY CONFORMED NAME: O REILLY AUTOMOTIVE INC CENTRAL INDEX KEY: 0000898173 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-AUTO & HOME SUPPLY STORES [5531] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 274358837 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 000-21318 FILM NUMBER: 24931256 BUSINESS ADDRESS: STREET 1: 233 S PATTERSON AVE CITY: SPRINGFIELD STATE: MO ZIP: 65802 BUSINESS PHONE: 417-829-5878 MAIL ADDRESS: STREET 1: 233 S PATTERSON AVE CITY: SPRINGFIELD STATE: MO ZIP: 65802 10-Q 1 orly-20240331x10q.htm 10-Q 0000898173 --12-31 2024 Q1 false O Reilly Automotive Inc 0 0 0 0 58982123 59072792 0 0000898173 2023-11-16 0000898173 us-gaap:SubsequentEventMember 2024-04-01 2024-05-09 0000898173 us-gaap:SubsequentEventMember 2011-01-01 2024-05-09 0000898173 us-gaap:CommonStockMember 2024-01-01 2024-03-31 0000898173 us-gaap:CommonStockMember 2023-01-01 2023-03-31 0000898173 us-gaap:RetainedEarningsMember 2024-03-31 0000898173 us-gaap:AdditionalPaidInCapitalMember 2024-03-31 0000898173 us-gaap:AccumulatedTranslationAdjustmentMember 2024-03-31 0000898173 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-03-31 0000898173 us-gaap:RetainedEarningsMember 2023-12-31 0000898173 us-gaap:AdditionalPaidInCapitalMember 2023-12-31 0000898173 us-gaap:AccumulatedTranslationAdjustmentMember 2023-12-31 0000898173 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-12-31 0000898173 us-gaap:RetainedEarningsMember 2023-03-31 0000898173 us-gaap:AdditionalPaidInCapitalMember 2023-03-31 0000898173 us-gaap:AccumulatedTranslationAdjustmentMember 2023-03-31 0000898173 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-03-31 0000898173 us-gaap:RetainedEarningsMember 2022-12-31 0000898173 us-gaap:AdditionalPaidInCapitalMember 2022-12-31 0000898173 us-gaap:AccumulatedTranslationAdjustmentMember 2022-12-31 0000898173 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-12-31 0000898173 us-gaap:EmployeeStockOptionMember 2023-12-31 0000898173 us-gaap:StockOptionMember 2023-01-01 2023-03-31 0000898173 us-gaap:EmployeeStockOptionMember 2024-03-31 0000898173 us-gaap:EmployeeStockOptionMember 2023-01-01 2023-03-31 0000898173 srt:MinimumMember us-gaap:RestrictedStockMember orly:EmployeeStockPurchasePlanMember 2024-01-01 2024-03-31 0000898173 srt:MaximumMember us-gaap:RestrictedStockMember orly:EmployeeStockPurchasePlanMember 2024-01-01 2024-03-31 0000898173 orly:ProfessionalServiceProviderCustomerMember 2024-01-01 2024-03-31 0000898173 orly:OtherCustomersAndSalesAdjustmentsMember 2024-01-01 2024-03-31 0000898173 orly:DIYCustomerMember 2024-01-01 2024-03-31 0000898173 orly:ProfessionalServiceProviderCustomerMember 2023-01-01 2023-03-31 0000898173 orly:OtherCustomersAndSalesAdjustmentsMember 2023-01-01 2023-03-31 0000898173 orly:DIYCustomerMember 2023-01-01 2023-03-31 0000898173 us-gaap:AccumulatedTranslationAdjustmentMember 2024-01-01 2024-03-31 0000898173 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-01-01 2024-03-31 0000898173 us-gaap:AccumulatedTranslationAdjustmentMember 2023-01-01 2023-03-31 0000898173 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-01-01 2023-03-31 0000898173 us-gaap:RetainedEarningsMember 2024-01-01 2024-03-31 0000898173 us-gaap:RetainedEarningsMember 2023-01-01 2023-03-31 0000898173 us-gaap:LineOfCreditMember us-gaap:UnsecuredDebtMember 2024-03-31 0000898173 srt:MaximumMember us-gaap:CommercialPaperMember 2024-03-31 0000898173 us-gaap:LineOfCreditMember 2024-01-01 2024-03-31 0000898173 us-gaap:LineOfCreditMember us-gaap:UnsecuredDebtMember orly:SpreadOverSecuredOvernightFinancingRateMember 2024-01-01 2024-03-31 0000898173 us-gaap:LineOfCreditMember us-gaap:LetterOfCreditM