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

Zimmer Biomet is the larger business by last-quarter revenue ($2.1B vs $2.0B, roughly 1.1× ADVANCE AUTO PARTS INC). Zimmer Biomet runs the higher net margin — 11.4% vs 0.3%, a 11.1% gap on every dollar of revenue. On growth, ADVANCE AUTO PARTS INC posted the faster year-over-year revenue change (130.1% vs 9.3%). Zimmer Biomet produced more free cash flow last quarter ($245.9M vs $-21.0M). Over the past eight quarters, Zimmer Biomet's revenue compounded faster (3.7% 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.

Zimmer Biomet Holdings, Inc. is a publicly traded American medical device company. It was founded in 1927 to produce aluminum splints. The firm is headquartered in Warsaw, Indiana, where it is part of the medical devices business cluster.

AAP vs ZBH — Head-to-Head

Bigger by revenue
ZBH
ZBH
1.1× larger
ZBH
$2.1B
$2.0B
AAP
Growing faster (revenue YoY)
AAP
AAP
+120.8% gap
AAP
130.1%
9.3%
ZBH
Higher net margin
ZBH
ZBH
11.1% more per $
ZBH
11.4%
0.3%
AAP
More free cash flow
ZBH
ZBH
$266.9M more FCF
ZBH
$245.9M
$-21.0M
AAP
Faster 2-yr revenue CAGR
ZBH
ZBH
Annualised
ZBH
3.7%
-15.7%
AAP

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
AAP
AAP
ZBH
ZBH
Revenue
$2.0B
$2.1B
Net Profit
$6.0M
$238.3M
Gross Margin
44.1%
64.6%
Operating Margin
2.2%
17.9%
Net Margin
0.3%
11.4%
Revenue YoY
130.1%
9.3%
Net Profit YoY
101.4%
30.5%
EPS (diluted)
$0.10
$1.22

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
ZBH
ZBH
Q1 26
$2.0B
$2.1B
Q4 25
$2.0B
$2.2B
Q3 25
$2.0B
$2.0B
Q2 25
$2.6B
$2.1B
Q1 25
$1.9B
Q4 24
$2.1B
$2.0B
Q3 24
$2.2B
$1.8B
Q2 24
$2.8B
$1.9B
Net Profit
AAP
AAP
ZBH
ZBH
Q1 26
$6.0M
$238.3M
Q4 25
$-1.0M
$139.4M
Q3 25
$15.0M
$230.9M
Q2 25
$24.0M
$152.8M
Q1 25
$182.0M
Q4 24
$-6.0M
$239.5M
Q3 24
$45.0M
$249.1M
Q2 24
$40.0M
$242.8M
Gross Margin
AAP
AAP
ZBH
ZBH
Q1 26
44.1%
64.6%
Q4 25
43.3%
64.7%
Q3 25
43.5%
72.1%
Q2 25
42.9%
71.5%
Q1 25
71.2%
Q4 24
42.3%
71.0%
Q3 24
43.6%
70.5%
Q2 24
43.4%
71.5%
Operating Margin
AAP
AAP
ZBH
ZBH
Q1 26
2.2%
17.9%
Q4 25
1.1%
6.9%
Q3 25
1.1%
17.6%
Q2 25
-5.1%
14.4%
Q1 25
15.3%
Q4 24
19.2%
Q3 24
2.5%
15.3%
Q2 24
1.9%
18.1%
Net Margin
AAP
AAP
ZBH
ZBH
Q1 26
0.3%
11.4%
Q4 25
-0.0%
6.2%
Q3 25
0.7%
11.5%
Q2 25
0.9%
7.4%
Q1 25
9.5%
Q4 24
-0.3%
11.8%
Q3 24
2.1%
13.7%
Q2 24
1.4%
12.5%
EPS (diluted)
AAP
AAP
ZBH
ZBH
Q1 26
$0.10
$1.22
Q4 25
$-0.02
$0.71
Q3 25
$0.25
$1.16
Q2 25
$0.40
$0.77
Q1 25
$0.91
Q4 24
$-0.10
$1.18
Q3 24
$0.75
$1.23
Q2 24
$0.67
$1.18

Balance Sheet & Financial Strength

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

Metric
AAP
AAP
ZBH
ZBH
Cash + ST InvestmentsLiquidity on hand
$3.1B
$424.2M
Total DebtLower is stronger
$3.4B
$7.5B
Stockholders' EquityBook value
$2.2B
$12.7B
Total Assets
$11.8B
$22.7B
Debt / EquityLower = less leverage
1.55×
0.59×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AAP
AAP
ZBH
ZBH
Q1 26
$3.1B
$424.2M
Q4 25
$3.2B
$591.9M
Q3 25
$1.7B
$1.3B
Q2 25
$1.7B
$556.9M
Q1 25
$1.4B
Q4 24
$464.5M
$525.5M
Q3 24
$479.4M
$569.0M
Q2 24
$451.0M
$420.1M
Total Debt
AAP
AAP
ZBH
ZBH
Q1 26
$3.4B
$7.5B
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
ZBH
ZBH
Q1 26
$2.2B
$12.7B
Q4 25
$2.2B
$12.7B
Q3 25
$2.2B
$12.8B
Q2 25
$2.2B
$12.5B
Q1 25
$12.4B
Q4 24
$2.6B
$12.5B
Q3 24
$2.6B
$12.4B
Q2 24
$2.6B
$12.7B
Total Assets
AAP
AAP
ZBH
ZBH
Q1 26
$11.8B
$22.7B
Q4 25
$12.1B
$23.1B
Q3 25
$10.5B
$23.5B
Q2 25
$10.6B
$22.9B
Q1 25
$22.2B
Q4 24
$12.5B
$21.4B
Q3 24
$12.3B
$21.7B
Q2 24
$12.2B
$21.5B
Debt / Equity
AAP
AAP
ZBH
ZBH
Q1 26
1.55×
0.59×
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
ZBH
ZBH
Operating Cash FlowLast quarter
$72.0M
$359.4M
Free Cash FlowOCF − Capex
$-21.0M
$245.9M
FCF MarginFCF / Revenue
-1.1%
11.8%
Capex IntensityCapex / Revenue
4.7%
Cash ConversionOCF / Net Profit
12.00×
1.51×
TTM Free Cash FlowTrailing 4 quarters
$-298.0M
$1.4B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AAP
AAP
ZBH
ZBH
Q1 26
$72.0M
$359.4M
Q4 25
$-12.0M
$517.4M
Q3 25
$50.0M
$418.7M
Q2 25
$-156.0M
$378.2M
Q1 25
$382.8M
Q4 24
$70.0M
$506.3M
Q3 24
$85.0M
$395.7M
Q2 24
$3.0M
$369.4M
Free Cash Flow
AAP
AAP
ZBH
ZBH
Q1 26
$-21.0M
$245.9M
Q4 25
$-76.0M
$442.6M
Q3 25
$-3.0M
$363.7M
Q2 25
$-198.0M
$328.1M
Q1 25
$338.2M
Q4 24
$27.0M
$454.8M
Q3 24
$44.0M
$351.2M
Q2 24
$-43.0M
$316.7M
FCF Margin
AAP
AAP
ZBH
ZBH
Q1 26
-1.1%
11.8%
Q4 25
-3.7%
19.7%
Q3 25
-0.1%
18.2%
Q2 25
-7.7%
15.8%
Q1 25
17.7%
Q4 24
1.3%
22.5%
Q3 24
2.0%
19.3%
Q2 24
-1.6%
16.3%
Capex Intensity
AAP
AAP
ZBH
ZBH
Q1 26
4.7%
Q4 25
3.1%
3.3%
Q3 25
2.6%
2.7%
Q2 25
1.6%
2.4%
Q1 25
2.3%
Q4 24
2.0%
2.5%
Q3 24
1.9%
2.4%
Q2 24
1.7%
2.7%
Cash Conversion
AAP
AAP
ZBH
ZBH
Q1 26
12.00×
1.51×
Q4 25
3.71×
Q3 25
3.33×
1.81×
Q2 25
-6.50×
2.48×
Q1 25
2.10×
Q4 24
2.11×
Q3 24
1.89×
1.59×
Q2 24
0.07×
1.52×

Financial Flow Comparison

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

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