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Side-by-side financial comparison of ADVANCE AUTO PARTS INC (AAP) and AES Corporation (AES). Click either name above to swap in a different company.

AES Corporation is the larger business by last-quarter revenue ($3.1B vs $2.0B, roughly 1.6× ADVANCE AUTO PARTS INC). AES Corporation runs the higher net margin — 10.3% vs 0.3%, a 10.0% gap on every dollar of revenue. On growth, ADVANCE AUTO PARTS INC posted the faster year-over-year revenue change (130.1% vs 4.7%). ADVANCE AUTO PARTS INC produced more free cash flow last quarter ($-21.0M vs $-47.0M). Over the past eight quarters, AES Corporation's revenue compounded faster (0.3% CAGR vs -15.7%).

Advance Auto Parts, Inc. is an American automotive aftermarket parts provider. Headquartered in Raleigh, North Carolina, it serves professional installer and do it yourself (DIY) customers.

The AES Corporation is an American utility and power generation company. It owns and operates power plants, which it uses to generate and sell electricity to end users and intermediaries like utilities and industrial facilities. AES, headquartered in Arlington, Virginia, is one of the world's leading power companies, generating and distributing electric power in 15 countries and employing 10,500 people worldwide. AES Corporation is a global Fortune 500 power company.

AAP vs AES — Head-to-Head

Bigger by revenue
AES
AES
1.6× larger
AES
$3.1B
$2.0B
AAP
Growing faster (revenue YoY)
AAP
AAP
+125.4% gap
AAP
130.1%
4.7%
AES
Higher net margin
AES
AES
10.0% more per $
AES
10.3%
0.3%
AAP
More free cash flow
AAP
AAP
$26.0M more FCF
AAP
$-21.0M
$-47.0M
AES
Faster 2-yr revenue CAGR
AES
AES
Annualised
AES
0.3%
-15.7%
AAP

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AAP
AAP
AES
AES
Revenue
$2.0B
$3.1B
Net Profit
$6.0M
$320.0M
Gross Margin
44.1%
18.8%
Operating Margin
2.2%
-8.7%
Net Margin
0.3%
10.3%
Revenue YoY
130.1%
4.7%
Net Profit YoY
101.4%
-42.9%
EPS (diluted)
$0.10
$0.45

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AAP
AAP
AES
AES
Q1 26
$2.0B
Q4 25
$2.0B
$3.1B
Q3 25
$2.0B
$3.4B
Q2 25
$2.6B
$2.9B
Q1 25
$2.9B
Q4 24
$2.1B
$3.0B
Q3 24
$2.2B
$3.3B
Q2 24
$2.8B
$2.9B
Net Profit
AAP
AAP
AES
AES
Q1 26
$6.0M
Q4 25
$-1.0M
$320.0M
Q3 25
$15.0M
$639.0M
Q2 25
$24.0M
$-95.0M
Q1 25
$46.0M
Q4 24
$-6.0M
$560.0M
Q3 24
$45.0M
$502.0M
Q2 24
$40.0M
$185.0M
Gross Margin
AAP
AAP
AES
AES
Q1 26
44.1%
Q4 25
43.3%
18.8%
Q3 25
43.5%
21.9%
Q2 25
42.9%
15.9%
Q1 25
15.1%
Q4 24
42.3%
14.2%
Q3 24
43.6%
22.0%
Q2 24
43.4%
18.8%
Operating Margin
AAP
AAP
AES
AES
Q1 26
2.2%
Q4 25
1.1%
-8.7%
Q3 25
1.1%
9.8%
Q2 25
-5.1%
1.4%
Q1 25
-0.8%
Q4 24
12.3%
Q3 24
2.5%
10.0%
Q2 24
1.9%
-2.6%
Net Margin
AAP
AAP
AES
AES
Q1 26
0.3%
Q4 25
-0.0%
10.3%
Q3 25
0.7%
19.1%
Q2 25
0.9%
-3.3%
Q1 25
1.6%
Q4 24
-0.3%
18.9%
Q3 24
2.1%
15.3%
Q2 24
1.4%
6.3%
EPS (diluted)
AAP
AAP
AES
AES
Q1 26
$0.10
Q4 25
$-0.02
$0.45
Q3 25
$0.25
$0.89
Q2 25
$0.40
$-0.15
Q1 25
$0.07
Q4 24
$-0.10
$0.78
Q3 24
$0.75
$0.71
Q2 24
$0.67
$0.27

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AAP
AAP
AES
AES
Cash + ST InvestmentsLiquidity on hand
$3.1B
$1.6B
Total DebtLower is stronger
$3.4B
Stockholders' EquityBook value
$2.2B
$4.1B
Total Assets
$11.8B
$51.8B
Debt / EquityLower = less leverage
1.55×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AAP
AAP
AES
AES
Q1 26
$3.1B
Q4 25
$3.2B
$1.6B
Q3 25
$1.7B
$1.8B
Q2 25
$1.7B
$1.4B
Q1 25
$1.8B
Q4 24
$464.5M
$1.6B
Q3 24
$479.4M
$2.0B
Q2 24
$451.0M
$1.8B
Total Debt
AAP
AAP
AES
AES
Q1 26
$3.4B
Q4 25
$3.4B
Q3 25
$1.8B
Q2 25
$1.8B
Q1 25
Q4 24
$1.8B
Q3 24
$1.8B
Q2 24
$1.8B
Stockholders' Equity
AAP
AAP
AES
AES
Q1 26
$2.2B
Q4 25
$2.2B
$4.1B
Q3 25
$2.2B
$3.9B
Q2 25
$2.2B
$3.4B
Q1 25
$3.5B
Q4 24
$2.6B
$3.6B
Q3 24
$2.6B
$3.3B
Q2 24
$2.6B
$3.1B
Total Assets
AAP
AAP
AES
AES
Q1 26
$11.8B
Q4 25
$12.1B
$51.8B
Q3 25
$10.5B
$50.8B
Q2 25
$10.6B
$48.5B
Q1 25
$48.6B
Q4 24
$12.5B
$47.4B
Q3 24
$12.3B
$50.1B
Q2 24
$12.2B
$47.7B
Debt / Equity
AAP
AAP
AES
AES
Q1 26
1.55×
Q4 25
1.55×
Q3 25
0.81×
Q2 25
0.81×
Q1 25
Q4 24
0.69×
Q3 24
0.69×
Q2 24
0.70×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AAP
AAP
AES
AES
Operating Cash FlowLast quarter
$72.0M
$1.5B
Free Cash FlowOCF − Capex
$-21.0M
$-47.0M
FCF MarginFCF / Revenue
-1.1%
-1.5%
Capex IntensityCapex / Revenue
4.7%
49.5%
Cash ConversionOCF / Net Profit
12.00×
4.65×
TTM Free Cash FlowTrailing 4 quarters
$-298.0M
$-1.6B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AAP
AAP
AES
AES
Q1 26
$72.0M
Q4 25
$-12.0M
$1.5B
Q3 25
$50.0M
$1.3B
Q2 25
$-156.0M
$976.0M
Q1 25
$545.0M
Q4 24
$70.0M
$1.1B
Q3 24
$85.0M
$985.0M
Q2 24
$3.0M
$392.0M
Free Cash Flow
AAP
AAP
AES
AES
Q1 26
$-21.0M
Q4 25
$-76.0M
$-47.0M
Q3 25
$-3.0M
$-511.0M
Q2 25
$-198.0M
$-356.0M
Q1 25
$-709.0M
Q4 24
$27.0M
$-639.0M
Q3 24
$44.0M
$-847.0M
Q2 24
$-43.0M
$-1.3B
FCF Margin
AAP
AAP
AES
AES
Q1 26
-1.1%
Q4 25
-3.7%
-1.5%
Q3 25
-0.1%
-15.2%
Q2 25
-7.7%
-12.5%
Q1 25
-24.2%
Q4 24
1.3%
-21.6%
Q3 24
2.0%
-25.8%
Q2 24
-1.6%
-43.9%
Capex Intensity
AAP
AAP
AES
AES
Q1 26
4.7%
Q4 25
3.1%
49.5%
Q3 25
2.6%
54.0%
Q2 25
1.6%
46.7%
Q1 25
42.9%
Q4 24
2.0%
58.3%
Q3 24
1.9%
55.7%
Q2 24
1.7%
57.3%
Cash Conversion
AAP
AAP
AES
AES
Q1 26
12.00×
Q4 25
4.65×
Q3 25
3.33×
2.03×
Q2 25
-6.50×
Q1 25
11.85×
Q4 24
1.94×
Q3 24
1.89×
1.96×
Q2 24
0.07×
2.12×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AAP
AAP

Segment breakdown not available.

AES
AES

Electric Distribution$1.0B33%
Regulated Revenue$1.0B33%
Renewables$786.0M25%
AES Andes$225.0M7%
Corporate Other And Other$38.0M1%
Other Expense$10.0M0%

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