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Advance Auto Parts vs OneWater Marine: revenue, profit, margins and growth compared

Advance Auto Parts brought in $8.6B of revenue in fiscal 2026, OneWater Marine $1.9B in fiscal 2025. Revenue changed by -5.4% at Advance Auto Parts and +5.6% at OneWater Marine on the year before, so OneWater Marine grew faster. Advance Auto Parts kept 0.5% of its revenue as net profit, OneWater Marine -6.1%. Free cash flow was -$298M at Advance Auto Parts and $79.7M at OneWater Marine.

Side by side, latest fiscal year

AAPONEW
Fiscal year endedFY2026 (January 3, 2026)FY2025 (September 30, 2025)
Revenue$8.6B$1.9B
Revenue growth-5.4%+5.6%
Net income$44M-$114.6M
Net margin0.5%-6.1%
Free cash flow-$298M$79.7M
Free cash flow margin-3.5%4.3%
Earnings per share (diluted)$0.73n/a
Cash$3.1B$64.8M
Debt$3.4B$412.1M
Price to earningsn/an/a
Market valuen/a$165.2M
Dividend yieldn/an/a
Rank by revenue in sector#131 of 778 · Consumer discretionary#365 of 778 · Consumer discretionary

Over the years

Revenue
AAP FY2018: $9.6BAAP FY2019: $9.7BAAP FY2020: $10.1BAAP FY2021: $11BAAP FY2022: $9.1BAAP FY2023: $9.2BAAP FY2024: $9.1BAAP FY2026: $8.6BONEW FY2020: $1BONEW FY2021: $1.2BONEW FY2022: $1.7BONEW FY2023: $1.9BONEW FY2024: $1.8BONEW FY2025: $1.9BFY18FY19FY20FY21FY22FY23FY24FY25FY26
AAP $8.6BONEW $1.9B
Net income
AAP FY2018: $423.8MAAP FY2019: $486.9MAAP FY2020: $493MAAP FY2021: $596.6MAAP FY2022: $464.4MAAP FY2023: $30MAAP FY2024: -$336MAAP FY2026: $44MONEW FY2018: $1.9MONEW FY2020: $37.3MONEW FY2020: $17.4MONEW FY2021: $79.1MONEW FY2022: $130.9MONEW FY2023: -$38.6MONEW FY2024: -$5.7MONEW FY2025: -$114.6MFY18FY19FY20FY21FY22FY23FY24FY25FY26
AAP $44MONEW -$114.6M
Net margin
AAP FY2018: 4.4%AAP FY2019: 5.0%AAP FY2020: 4.9%AAP FY2021: 5.4%AAP FY2022: 5.1%AAP FY2023: 0.3%AAP FY2024: -3.7%AAP FY2026: 0.5%ONEW FY2020: 1.7%ONEW FY2021: 6.4%ONEW FY2022: 7.5%ONEW FY2023: -2.0%ONEW FY2024: -0.3%ONEW FY2025: -6.1%FY18FY19FY20FY21FY22FY23FY24FY25FY26
AAP 0.5%ONEW -6.1%
Revenue growth
AAP FY2019: +1.3%AAP FY2020: +4.1%AAP FY2021: +8.8%AAP FY2022: -16.8%AAP FY2023: +0.7%AAP FY2024: -1.2%AAP FY2026: -5.4%ONEW FY2021: +20.1%ONEW FY2022: +42.1%ONEW FY2023: +11.0%ONEW FY2024: -8.5%ONEW FY2025: +5.6%FY19FY20FY21FY22FY23FY24FY25FY26
AAP -5.4%ONEW +5.6%
Free cash flow
AAP FY2018: $617.3MAAP FY2019: $596.8MAAP FY2020: $702.1MAAP FY2021: $817.4MAAP FY2022: $337.8MAAP FY2023: $61MAAP FY2024: -$96MAAP FY2026: -$298MONEW FY2018: -$14.4MONEW FY2020: -$13MONEW FY2020: $206.2MONEW FY2021: $149.5MONEW FY2022: -$4MONEW FY2023: -$151MONEW FY2024: $8.9MONEW FY2025: $79.7MFY18FY19FY20FY21FY22FY23FY24FY25FY26
AAP -$298MONEW $79.7M

Fiscal years as each company reports them; the two may end in different months.

Questions about Advance Auto Parts and OneWater Marine

Which is bigger by revenue, Advance Auto Parts or OneWater Marine?

Advance Auto Parts is bigger by revenue: $8.6B in fiscal 2026, against $1.9B for OneWater Marine in fiscal 2025.

Which keeps more of its revenue as profit, Advance Auto Parts or OneWater Marine?

Advance Auto Parts had a net margin of 0.5% in fiscal 2026; OneWater Marine had -6.1% in fiscal 2025.

Which grew revenue faster, Advance Auto Parts or OneWater Marine?

In their latest fiscal years revenue changed by -5.4% at Advance Auto Parts and +5.6% at OneWater Marine.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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