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Side-by-side financial comparison of ADVANCE AUTO PARTS INC (AAP) and TRINET GROUP, INC. (TNET). 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 $1.2B, roughly 1.6× TRINET GROUP, INC.). On growth, ADVANCE AUTO PARTS INC posted the faster year-over-year revenue change (130.1% vs -2.2%). TRINET GROUP, INC. produced more free cash flow last quarter ($43.0M vs $-21.0M). Over the past eight quarters, TRINET GROUP, INC.'s revenue compounded faster (-0.6% 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.

TriNet Group, Inc. is a professional employer organization for small and medium-sized businesses. TriNet administers payroll and health benefits and advises clients on employment law compliance and risk reduction, acting in some cases as an outsourced human resources department. TriNet is headquartered in Dublin, California. TriNet partners with organizations between 3 and 2,500 employees.

AAP vs TNET — Head-to-Head

Bigger by revenue
AAP
AAP
1.6× larger
AAP
$2.0B
$1.2B
TNET
Growing faster (revenue YoY)
AAP
AAP
+132.3% gap
AAP
130.1%
-2.2%
TNET
More free cash flow
TNET
TNET
$64.0M more FCF
TNET
$43.0M
$-21.0M
AAP
Faster 2-yr revenue CAGR
TNET
TNET
Annualised
TNET
-0.6%
-15.7%
AAP

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AAP
AAP
TNET
TNET
Revenue
$2.0B
$1.2B
Net Profit
$6.0M
Gross Margin
44.1%
Operating Margin
2.2%
0.1%
Net Margin
0.3%
Revenue YoY
130.1%
-2.2%
Net Profit YoY
101.4%
EPS (diluted)
$0.10
$0.02

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
TNET
TNET
Q1 26
$2.0B
Q4 25
$2.0B
$1.2B
Q3 25
$2.0B
$1.2B
Q2 25
$2.6B
$1.2B
Q1 25
$1.3B
Q4 24
$2.1B
$1.3B
Q3 24
$2.2B
$1.2B
Q2 24
$2.8B
$1.2B
Net Profit
AAP
AAP
TNET
TNET
Q1 26
$6.0M
Q4 25
$-1.0M
Q3 25
$15.0M
$34.0M
Q2 25
$24.0M
$37.0M
Q1 25
$85.0M
Q4 24
$-6.0M
Q3 24
$45.0M
$45.0M
Q2 24
$40.0M
$60.0M
Gross Margin
AAP
AAP
TNET
TNET
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
TNET
TNET
Q1 26
2.2%
Q4 25
1.1%
0.1%
Q3 25
1.1%
4.1%
Q2 25
-5.1%
4.1%
Q1 25
8.9%
Q4 24
-2.9%
Q3 24
2.5%
4.7%
Q2 24
1.9%
6.5%
Net Margin
AAP
AAP
TNET
TNET
Q1 26
0.3%
Q4 25
-0.0%
Q3 25
0.7%
2.8%
Q2 25
0.9%
3.0%
Q1 25
6.6%
Q4 24
-0.3%
Q3 24
2.1%
3.6%
Q2 24
1.4%
4.9%
EPS (diluted)
AAP
AAP
TNET
TNET
Q1 26
$0.10
Q4 25
$-0.02
$0.02
Q3 25
$0.25
$0.70
Q2 25
$0.40
$0.77
Q1 25
$1.71
Q4 24
$-0.10
$-0.44
Q3 24
$0.75
$0.89
Q2 24
$0.67
$1.20

Balance Sheet & Financial Strength

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

Metric
AAP
AAP
TNET
TNET
Cash + ST InvestmentsLiquidity on hand
$3.1B
$287.0M
Total DebtLower is stronger
$3.4B
Stockholders' EquityBook value
$2.2B
$54.0M
Total Assets
$11.8B
$3.8B
Debt / EquityLower = less leverage
1.55×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AAP
AAP
TNET
TNET
Q1 26
$3.1B
Q4 25
$3.2B
$287.0M
Q3 25
$1.7B
$321.0M
Q2 25
$1.7B
$407.0M
Q1 25
$349.0M
Q4 24
$464.5M
$360.0M
Q3 24
$479.4M
$301.0M
Q2 24
$451.0M
$249.0M
Total Debt
AAP
AAP
TNET
TNET
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
TNET
TNET
Q1 26
$2.2B
Q4 25
$2.2B
$54.0M
Q3 25
$2.2B
$110.0M
Q2 25
$2.2B
$107.0M
Q1 25
$63.0M
Q4 24
$2.6B
$69.0M
Q3 24
$2.6B
$129.0M
Q2 24
$2.6B
$100.0M
Total Assets
AAP
AAP
TNET
TNET
Q1 26
$11.8B
Q4 25
$12.1B
$3.8B
Q3 25
$10.5B
$3.4B
Q2 25
$10.6B
$3.7B
Q1 25
$3.8B
Q4 24
$12.5B
$4.1B
Q3 24
$12.3B
$3.7B
Q2 24
$12.2B
$3.7B
Debt / Equity
AAP
AAP
TNET
TNET
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
TNET
TNET
Operating Cash FlowLast quarter
$72.0M
$61.0M
Free Cash FlowOCF − Capex
$-21.0M
$43.0M
FCF MarginFCF / Revenue
-1.1%
3.4%
Capex IntensityCapex / Revenue
4.7%
1.4%
Cash ConversionOCF / Net Profit
12.00×
TTM Free Cash FlowTrailing 4 quarters
$-298.0M
$234.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AAP
AAP
TNET
TNET
Q1 26
$72.0M
Q4 25
$-12.0M
$61.0M
Q3 25
$50.0M
$72.0M
Q2 25
$-156.0M
$75.0M
Q1 25
$95.0M
Q4 24
$70.0M
$65.0M
Q3 24
$85.0M
$84.0M
Q2 24
$3.0M
$39.0M
Free Cash Flow
AAP
AAP
TNET
TNET
Q1 26
$-21.0M
Q4 25
$-76.0M
$43.0M
Q3 25
$-3.0M
$55.0M
Q2 25
$-198.0M
$57.0M
Q1 25
$79.0M
Q4 24
$27.0M
$47.0M
Q3 24
$44.0M
$59.0M
Q2 24
$-43.0M
$22.0M
FCF Margin
AAP
AAP
TNET
TNET
Q1 26
-1.1%
Q4 25
-3.7%
3.4%
Q3 25
-0.1%
4.5%
Q2 25
-7.7%
4.6%
Q1 25
6.1%
Q4 24
1.3%
3.7%
Q3 24
2.0%
4.8%
Q2 24
-1.6%
1.8%
Capex Intensity
AAP
AAP
TNET
TNET
Q1 26
4.7%
Q4 25
3.1%
1.4%
Q3 25
2.6%
1.4%
Q2 25
1.6%
1.5%
Q1 25
1.2%
Q4 24
2.0%
1.4%
Q3 24
1.9%
2.0%
Q2 24
1.7%
1.4%
Cash Conversion
AAP
AAP
TNET
TNET
Q1 26
12.00×
Q4 25
Q3 25
3.33×
2.12×
Q2 25
-6.50×
2.03×
Q1 25
1.12×
Q4 24
Q3 24
1.89×
1.87×
Q2 24
0.07×
0.65×

Financial Flow Comparison

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

Revenue Breakdown by Segment

AAP
AAP

Segment breakdown not available.

TNET
TNET

Insurance Services$1.1B85%
Professional Services$169.0M14%

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