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Side-by-side financial comparison of ADVANCE AUTO PARTS INC (AAP) and Simon Property Group (SPG). 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 $1.8B, roughly 1.1× Simon Property Group). Simon Property Group runs the higher net margin — 197.6% vs 0.3%, a 197.3% gap on every dollar of revenue. On growth, ADVANCE AUTO PARTS INC posted the faster year-over-year revenue change (130.1% vs 13.2%). Simon Property Group produced more free cash flow last quarter ($948.8M vs $-21.0M). Over the past eight quarters, Simon Property Group's revenue compounded faster (11.4% 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.

Simon Media Properties, LLC, doing business as Simon Property Group, Inc., is an American real estate investment trust that invests in shopping malls, outlet centers, and community/lifestyle centers. It is the largest owner of shopping malls in the United States and is headquartered in Indianapolis, Indiana. As of December 31, 2024, it owned interests in 232 properties.

AAP vs SPG — Head-to-Head

Bigger by revenue
AAP
AAP
1.1× larger
AAP
$2.0B
$1.8B
SPG
Growing faster (revenue YoY)
AAP
AAP
+116.9% gap
AAP
130.1%
13.2%
SPG
Higher net margin
SPG
SPG
197.3% more per $
SPG
197.6%
0.3%
AAP
More free cash flow
SPG
SPG
$969.8M more FCF
SPG
$948.8M
$-21.0M
AAP
Faster 2-yr revenue CAGR
SPG
SPG
Annualised
SPG
11.4%
-15.7%
AAP

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AAP
AAP
SPG
SPG
Revenue
$2.0B
$1.8B
Net Profit
$6.0M
$3.5B
Gross Margin
44.1%
Operating Margin
2.2%
49.7%
Net Margin
0.3%
197.6%
Revenue YoY
130.1%
13.2%
Net Profit YoY
101.4%
358.7%
EPS (diluted)
$0.10
$9.34

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
SPG
SPG
Q1 26
$2.0B
Q4 25
$2.0B
$1.8B
Q3 25
$2.0B
$1.6B
Q2 25
$2.6B
$1.5B
Q1 25
$1.5B
Q4 24
$2.1B
$1.6B
Q3 24
$2.2B
$1.5B
Q2 24
$2.8B
$1.5B
Net Profit
AAP
AAP
SPG
SPG
Q1 26
$6.0M
Q4 25
$-1.0M
$3.5B
Q3 25
$15.0M
$702.7M
Q2 25
$24.0M
$643.7M
Q1 25
$477.9M
Q4 24
$-6.0M
$771.8M
Q3 24
$45.0M
$546.7M
Q2 24
$40.0M
$569.4M
Gross Margin
AAP
AAP
SPG
SPG
Q1 26
44.1%
Q4 25
43.3%
Q3 25
43.5%
Q2 25
42.9%
Q1 25
Q4 24
42.3%
Q3 24
43.6%
Q2 24
43.4%
Operating Margin
AAP
AAP
SPG
SPG
Q1 26
2.2%
Q4 25
1.1%
49.7%
Q3 25
1.1%
50.8%
Q2 25
-5.1%
49.7%
Q1 25
49.4%
Q4 24
52.8%
Q3 24
2.5%
51.9%
Q2 24
1.9%
51.7%
Net Margin
AAP
AAP
SPG
SPG
Q1 26
0.3%
Q4 25
-0.0%
197.6%
Q3 25
0.7%
43.9%
Q2 25
0.9%
43.0%
Q1 25
32.4%
Q4 24
-0.3%
48.8%
Q3 24
2.1%
36.9%
Q2 24
1.4%
39.0%
EPS (diluted)
AAP
AAP
SPG
SPG
Q1 26
$0.10
Q4 25
$-0.02
$9.34
Q3 25
$0.25
$1.86
Q2 25
$0.40
$1.70
Q1 25
$1.27
Q4 24
$-0.10
$2.04
Q3 24
$0.75
$1.46
Q2 24
$0.67
$1.51

Balance Sheet & Financial Strength

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

Metric
AAP
AAP
SPG
SPG
Cash + ST InvestmentsLiquidity on hand
$3.1B
$823.1M
Total DebtLower is stronger
$3.4B
$28.4B
Stockholders' EquityBook value
$2.2B
$5.2B
Total Assets
$11.8B
$40.6B
Debt / EquityLower = less leverage
1.55×
5.46×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AAP
AAP
SPG
SPG
Q1 26
$3.1B
Q4 25
$3.2B
$823.1M
Q3 25
$1.7B
$1.6B
Q2 25
$1.7B
$1.2B
Q1 25
$1.4B
Q4 24
$464.5M
$1.4B
Q3 24
$479.4M
$2.5B
Q2 24
$451.0M
$2.5B
Total Debt
AAP
AAP
SPG
SPG
Q1 26
$3.4B
Q4 25
$3.4B
$28.4B
Q3 25
$1.8B
$25.8B
Q2 25
$1.8B
$25.4B
Q1 25
$24.8B
Q4 24
$1.8B
$24.3B
Q3 24
$1.8B
$25.4B
Q2 24
$1.8B
$25.3B
Stockholders' Equity
AAP
AAP
SPG
SPG
Q1 26
$2.2B
Q4 25
$2.2B
$5.2B
Q3 25
$2.2B
$2.3B
Q2 25
$2.2B
$2.5B
Q1 25
$2.6B
Q4 24
$2.6B
$2.9B
Q3 24
$2.6B
$2.7B
Q2 24
$2.6B
$2.9B
Total Assets
AAP
AAP
SPG
SPG
Q1 26
$11.8B
Q4 25
$12.1B
$40.6B
Q3 25
$10.5B
$33.6B
Q2 25
$10.6B
$33.3B
Q1 25
$32.5B
Q4 24
$12.5B
$32.4B
Q3 24
$12.3B
$33.3B
Q2 24
$12.2B
$33.4B
Debt / Equity
AAP
AAP
SPG
SPG
Q1 26
1.55×
Q4 25
1.55×
5.46×
Q3 25
0.81×
10.98×
Q2 25
0.81×
10.36×
Q1 25
9.50×
Q4 24
0.69×
8.25×
Q3 24
0.69×
9.37×
Q2 24
0.70×
8.59×

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
SPG
SPG
Operating Cash FlowLast quarter
$72.0M
$1.2B
Free Cash FlowOCF − Capex
$-21.0M
$948.8M
FCF MarginFCF / Revenue
-1.1%
53.0%
Capex IntensityCapex / Revenue
4.7%
14.2%
Cash ConversionOCF / Net Profit
12.00×
0.34×
TTM Free Cash FlowTrailing 4 quarters
$-298.0M
$3.2B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AAP
AAP
SPG
SPG
Q1 26
$72.0M
Q4 25
$-12.0M
$1.2B
Q3 25
$50.0M
$890.3M
Q2 25
$-156.0M
$1.2B
Q1 25
$827.2M
Q4 24
$70.0M
$1.1B
Q3 24
$85.0M
$892.9M
Q2 24
$3.0M
$1.1B
Free Cash Flow
AAP
AAP
SPG
SPG
Q1 26
$-21.0M
Q4 25
$-76.0M
$948.8M
Q3 25
$-3.0M
$685.0M
Q2 25
$-198.0M
$971.3M
Q1 25
$597.0M
Q4 24
$27.0M
$867.7M
Q3 24
$44.0M
$706.5M
Q2 24
$-43.0M
$874.8M
FCF Margin
AAP
AAP
SPG
SPG
Q1 26
-1.1%
Q4 25
-3.7%
53.0%
Q3 25
-0.1%
42.8%
Q2 25
-7.7%
64.8%
Q1 25
40.5%
Q4 24
1.3%
54.8%
Q3 24
2.0%
47.7%
Q2 24
-1.6%
60.0%
Capex Intensity
AAP
AAP
SPG
SPG
Q1 26
4.7%
Q4 25
3.1%
14.2%
Q3 25
2.6%
12.8%
Q2 25
1.6%
16.3%
Q1 25
15.6%
Q4 24
2.0%
13.8%
Q3 24
1.9%
12.6%
Q2 24
1.7%
12.9%
Cash Conversion
AAP
AAP
SPG
SPG
Q1 26
12.00×
Q4 25
0.34×
Q3 25
3.33×
1.27×
Q2 25
-6.50×
1.89×
Q1 25
1.73×
Q4 24
1.41×
Q3 24
1.89×
1.63×
Q2 24
0.07×
1.87×

Financial Flow Comparison

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

Revenue Breakdown by Segment

AAP
AAP

Segment breakdown not available.

SPG
SPG

Real Estate Segment$1.7B95%
Other$86.3M5%

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