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What is O Reilly Automotive Inc worth?

With the base-case assumptions below, a discounted cash flow model on O Reilly Automotive Inc's reported free cash flow gives $35.51 per share. The share price was $86.12 on September 25, 2026, 142% above that value.

Inputs from the filings

Free cash flow, fiscal 2025
$1.59B
Average free cash flow, last 5 years
$2.2B
Cash
$262.2M
balance sheet of June 30, 2026
Debt
$7.01B
balance sheet of June 30, 2026
Diluted shares, fiscal 2025
855,919,000
Revenue growth per year, last 5 years
8.9%

Three sets of assumptions

CaseGrowth yrs 1-5Growth yrs 6-10After year 10Discount rateValue per shareValue vs price
Bear4.0%3.0%2.0%10.0%$18.70-78%
Base9.0%6.0%2.5%9.0%$35.51-59%
Bull14.0%8.5%3.0%8.0%$66.88-22%

Sensitivity: base case value per share

Discount rate down the side, growth after year 10 across the top. Everything else as in the base case.

1.5%2.0%2.5%3.0%3.5%
7.0%$47.83$51.63$56.26$62.05$69.49
8.0%$38.62$41.08$43.98$47.47$51.73
9.0%$31.89$33.57$35.51$37.78$40.45
10.0%$26.78$27.97$29.33$30.88$32.66
11.0%$22.76$23.64$24.62$25.72$26.97

Where the presets come from

Base: years 1 to 5 grow at O Reilly Automotive Inc's revenue growth rate over the last 5 fiscal years (8.9% a year), held between -5% and 15%. Years 6 to 10 grow halfway between that and the long-run rate of 2.5%. Future cash is discounted at 9% a year.

Bear: 5 points less growth, 2% long-run growth, 10% discount rate. Bull: 5 points more growth (at most 25%), 3% long-run growth, 8% discount rate.

Value per share = (present value of 10 years of free cash flow + present value of everything after + cash - debt) / diluted shares.

This is a model run on assumptions, not a recommendation or a price target. Small changes in the discount rate or growth move the result a lot, as the table above shows. Change them yourself in the calculator.

Adjust the assumptions

Move the sliders for growth, long-run growth and discount rate, or switch to average free cash flow, and see the value per share change.

Adjust the assumptions

O Reilly Automotive Inc company page