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O'Reilly Automotive

ORLY
61
Specialty Retail · Consumer Cyclical
Also trades as: 0KAB.L
Price
$89.11
+0.03 (+0.03%)
Market Cap
$73.85B
Exchange
NASDAQ
Winston Score
61
Winston is curious
A decent business — some strong pillars, some weaker.
Data as of Aug 23, 2026 · filings through Jun 30, 2026
How the score breaks down
Quality
Strong
Growth
Strong
Cash Flow
Strong
Stability
Mixed
Valuation
Strong

Share count falling — buybacks

13.9% over 4y

The company has reduced its share count over this period, returning value to shareholders through buybacks.

Diluted shares outstanding: 994.4M (2021) → 855.9M (2025)

Winston Score History

The full picture

O'Reilly Automotive sells car parts, tools, and accessories for people who fix their own vehicles and for professional mechanics. Its stores carry hundreds of thousands of products — things like brake pads, batteries, motor oil, and wiper blades — serving both everyday drivers and auto repair shops. It is one of the largest auto parts retailers in the United States, competing mainly with AutoZone and Advance Auto Parts.

The company makes money by selling products directly in its stores and online, with no subscription model — it earns revenue each time a customer buys something. O'Reilly operates over 6,000 stores across the US and has been expanding into Mexico. Its competitive edge comes from a large distribution network, deep inventory, and strong relationships with professional repair shops, which tend to be loyal, repeat customers. The main growth driver is continued store expansion, while a key risk is that newer vehicles requiring less frequent maintenance could gradually reduce demand for traditional auto parts.

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Growth Profile

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

+8.1% YoY

YoY Growth Rate

Slow revenue growth

EPS Growth

+11.5% YoY

YoY Growth Rate

Steady EPS growth

R&D Spend

$0/ year

0.0% of revenue

Below sector average (4%)

Research and development spending

Insider Activity

0.5%ownership

Flat

Insider ownership roughly steady over the past year

Cash Position

Cash flow positive

$262M cash & investments

Quarterly Free Cash Flow

↑ Burn rate improving

Company generates more cash than it spends — no dilution risk from fundraising

Growth context

O'Reilly Automotive is growing revenue at 8% year-over-year. The Winston Score measures business quality today — these growth metrics show what could matter tomorrow.

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Profit per sale
Gross Margin
51.4%
Healthy — 51.4% gross margin
Profit after running costs
Operating Margin
20.2%
Excellent — 20.2% operating margin
Return on the money invested
ROCE
19.0%
Strong — 19.0% return on capital

ROIC between 15% and 25%. Every dollar invested in the business earns 15 to 25 cents back per year.

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Growth

Sales growth
Sales YoY
+8.5%
Steady sales growth (+8.5% YoY)
Profit growth
EPS YoY
+12.9%
Earnings growing (+12.9% YoY)

Healthy double-digit earnings growth — what compounders look like.

How steady the profit is
EPS Consistency
8/8 quarters
Every recent quarter grew earnings vs last year

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Cash Flow

Profit that turns into cash
Cash Conversion
124%
Turns 124% of profit into real cash
Spare cash per sale
FCF Margin
11.6%
Modest free cash flow (11.6%)

FCF margin between 10% and 20%. Every $100 in sales becomes $10 to $20 in real cash.

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Stability

What it owes vs what it owns
Debt / Equity
N/A
Data not available
Covers its interest
Interest Cover
14.37x
Comfortably covers interest (14.4x)

Interest coverage above 8. Profits cover interest many times over.

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Valuation

Price vs profit
P/E Ratio (TTM)
28.1x
Growth-priced — P/E 28.1

P/E above the market average. People are paying up for expected growth.

Cheaper or dearer next year
P/E vs Forward
+6.0
GROWING
Earnings expected to grow meaningfully — cheaper on forward P/E (28.1 → 22.1)

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Dividends

Not applicable for this business.
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