vs
Side-by-side financial comparison of ADVANCE AUTO PARTS INC (AAP) and Liberty Energy Inc. (LBRT). Click either name above to swap in a different company.
ADVANCE AUTO PARTS INC is the larger business by last-quarter revenue ($2.0B vs $1.0B, roughly 1.9× Liberty Energy Inc.). Liberty Energy Inc. runs the higher net margin — 2.2% vs 0.3%, a 1.9% gap on every dollar of revenue. On growth, ADVANCE AUTO PARTS INC posted the faster year-over-year revenue change (130.1% vs 4.5%). Over the past eight quarters, Liberty Energy Inc.'s revenue compounded faster (-6.2% 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.
Liberty Energy Inc. is a North American energy services provider specializing in hydraulic fracturing and well completion solutions for oil and gas operators. It serves clients across major U.S. shale basins, offering low-emission equipment and tailored support to optimize well productivity.
AAP vs LBRT — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $2.0B | $1.0B |
| Net Profit | $6.0M | $22.6M |
| Gross Margin | 44.1% | — |
| Operating Margin | 2.2% | 2.2% |
| Net Margin | 0.3% | 2.2% |
| Revenue YoY | 130.1% | 4.5% |
| Net Profit YoY | 101.4% | 64.8% |
| EPS (diluted) | $0.10 | $0.14 |
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.
| Q1 26 | $2.0B | $1.0B | ||
| Q4 25 | $2.0B | $1.0B | ||
| Q3 25 | $2.0B | $947.4M | ||
| Q2 25 | $2.6B | $1.0B | ||
| Q1 25 | — | $977.5M | ||
| Q4 24 | $2.1B | $943.6M | ||
| Q3 24 | $2.2B | $1.1B | ||
| Q2 24 | $2.8B | $1.2B |
| Q1 26 | $6.0M | $22.6M | ||
| Q4 25 | $-1.0M | $13.7M | ||
| Q3 25 | $15.0M | $43.1M | ||
| Q2 25 | $24.0M | $71.0M | ||
| Q1 25 | — | $20.1M | ||
| Q4 24 | $-6.0M | $51.9M | ||
| Q3 24 | $45.0M | $73.8M | ||
| Q2 24 | $40.0M | $108.4M |
| Q1 26 | 44.1% | — | ||
| Q4 25 | 43.3% | 20.6% | ||
| Q3 25 | 43.5% | 18.7% | ||
| Q2 25 | 42.9% | 22.1% | ||
| Q1 25 | — | 22.1% | ||
| Q4 24 | 42.3% | 21.4% | ||
| Q3 24 | 43.6% | 26.2% | ||
| Q2 24 | 43.4% | 27.9% |
| Q1 26 | 2.2% | 2.2% | ||
| Q4 25 | 1.1% | 1.9% | ||
| Q3 25 | 1.1% | -0.3% | ||
| Q2 25 | -5.1% | 3.6% | ||
| Q1 25 | — | 1.9% | ||
| Q4 24 | — | 2.6% | ||
| Q3 24 | 2.5% | 9.4% | ||
| Q2 24 | 1.9% | 12.2% |
| Q1 26 | 0.3% | 2.2% | ||
| Q4 25 | -0.0% | 1.3% | ||
| Q3 25 | 0.7% | 4.5% | ||
| Q2 25 | 0.9% | 6.8% | ||
| Q1 25 | — | 2.1% | ||
| Q4 24 | -0.3% | 5.5% | ||
| Q3 24 | 2.1% | 6.5% | ||
| Q2 24 | 1.4% | 9.3% |
| Q1 26 | $0.10 | $0.14 | ||
| Q4 25 | $-0.02 | $0.08 | ||
| Q3 25 | $0.25 | $0.26 | ||
| Q2 25 | $0.40 | $0.43 | ||
| Q1 25 | — | $0.12 | ||
| Q4 24 | $-0.10 | $0.31 | ||
| Q3 24 | $0.75 | $0.44 | ||
| Q2 24 | $0.67 | $0.64 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $3.1B | $699.1M |
| Total DebtLower is stronger | $3.4B | $7.1M |
| Stockholders' EquityBook value | $2.2B | $1.9B |
| Total Assets | $11.8B | $4.4B |
| Debt / EquityLower = less leverage | 1.55× | 0.00× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $3.1B | $699.1M | ||
| Q4 25 | $3.2B | $27.6M | ||
| Q3 25 | $1.7B | $13.5M | ||
| Q2 25 | $1.7B | $19.6M | ||
| Q1 25 | — | $24.1M | ||
| Q4 24 | $464.5M | $20.0M | ||
| Q3 24 | $479.4M | $23.0M | ||
| Q2 24 | $451.0M | $30.0M |
| Q1 26 | $3.4B | $7.1M | ||
| Q4 25 | $3.4B | $246.6M | ||
| Q3 25 | $1.8B | — | ||
| Q2 25 | $1.8B | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $1.8B | $190.5M | ||
| Q3 24 | $1.8B | — | ||
| Q2 24 | $1.8B | — |
| Q1 26 | $2.2B | $1.9B | ||
| Q4 25 | $2.2B | $2.1B | ||
| Q3 25 | $2.2B | $2.1B | ||
| Q2 25 | $2.2B | $2.0B | ||
| Q1 25 | — | $2.0B | ||
| Q4 24 | $2.6B | $2.0B | ||
| Q3 24 | $2.6B | $2.0B | ||
| Q2 24 | $2.6B | $1.9B |
| Q1 26 | $11.8B | $4.4B | ||
| Q4 25 | $12.1B | $3.6B | ||
| Q3 25 | $10.5B | $3.5B | ||
| Q2 25 | $10.6B | $3.4B | ||
| Q1 25 | — | $3.4B | ||
| Q4 24 | $12.5B | $3.3B | ||
| Q3 24 | $12.3B | $3.3B | ||
| Q2 24 | $12.2B | $3.2B |
| Q1 26 | 1.55× | 0.00× | ||
| Q4 25 | 1.55× | 0.12× | ||
| Q3 25 | 0.81× | — | ||
| Q2 25 | 0.81× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.69× | 0.10× | ||
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $72.0M | — |
| Free Cash FlowOCF − Capex | $-21.0M | — |
| FCF MarginFCF / Revenue | -1.1% | — |
| Capex IntensityCapex / Revenue | 4.7% | 13.1% |
| Cash ConversionOCF / Net Profit | 12.00× | — |
| TTM Free Cash FlowTrailing 4 quarters | $-298.0M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $72.0M | — | ||
| Q4 25 | $-12.0M | $195.4M | ||
| Q3 25 | $50.0M | $51.5M | ||
| Q2 25 | $-156.0M | $170.6M | ||
| Q1 25 | — | $192.1M | ||
| Q4 24 | $70.0M | $177.3M | ||
| Q3 24 | $85.0M | $244.5M | ||
| Q2 24 | $3.0M | $248.2M |
| Q1 26 | $-21.0M | — | ||
| Q4 25 | $-76.0M | $-10.0M | ||
| Q3 25 | $-3.0M | $-67.2M | ||
| Q2 25 | $-198.0M | $33.1M | ||
| Q1 25 | — | $58.2M | ||
| Q4 24 | $27.0M | $-26.2M | ||
| Q3 24 | $44.0M | $77.9M | ||
| Q2 24 | $-43.0M | $112.2M |
| Q1 26 | -1.1% | — | ||
| Q4 25 | -3.7% | -1.0% | ||
| Q3 25 | -0.1% | -7.1% | ||
| Q2 25 | -7.7% | 3.2% | ||
| Q1 25 | — | 6.0% | ||
| Q4 24 | 1.3% | -2.8% | ||
| Q3 24 | 2.0% | 6.8% | ||
| Q2 24 | -1.6% | 9.7% |
| Q1 26 | 4.7% | 13.1% | ||
| Q4 25 | 3.1% | 19.8% | ||
| Q3 25 | 2.6% | 12.5% | ||
| Q2 25 | 1.6% | 13.2% | ||
| Q1 25 | — | 13.7% | ||
| Q4 24 | 2.0% | 21.6% | ||
| Q3 24 | 1.9% | 14.6% | ||
| Q2 24 | 1.7% | 11.7% |
| Q1 26 | 12.00× | — | ||
| Q4 25 | — | 14.28× | ||
| Q3 25 | 3.33× | 1.20× | ||
| Q2 25 | -6.50× | 2.40× | ||
| Q1 25 | — | 9.55× | ||
| Q4 24 | — | 3.42× | ||
| Q3 24 | 1.89× | 3.31× | ||
| Q2 24 | 0.07× | 2.29× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
