O REILLY AUTOMOTIVE INC

For the period ended Dec 31, 2024. Filed Feb 28, 2025.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Feb 28, 2025

ORLY$89.39-0.4%Stored close · as of Nov 10, 2026

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Contents

Item 8. Consolidated Statements of Cash Flows

CONSOLIDATED STATEMENTS OF CASH FLOWS


· · For the Year Ended
· · December 31,
· 2024 · 2023 · 2022
Operating activities: · · ·
Net income	$2,386,680	$2,346,581	$2,172,650
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization of property, equipment and intangibles	461,892	409,061	357,933
Amortization of debt discount and issuance costs	6,613	4,954	4,704
Deferred income taxes	(50,238)	48,232	69,575
Share-based compensation programs	28,931	27,511	26,458
Other	6,360	2,116	885
Changes in operating assets and liabilities:
Accounts receivable	30,495	(35,539)	(75,859)
Inventory	(403,886)	(288,323)	(669,046)
Accounts payable	421,364	207,061	1,184,858
Income taxes payable	(8,690)	33,889	151,063
Accrued payroll	(30,810)	11,234	19,300
Accrued benefits and withholdings	71,128	(12,763)	(60,072)
Other	129,737	280,070	(34,199)
Net cash provided by operating activities	3,049,576	3,034,084	3,148,250

Investing activities:
Purchases of property and equipment	(1,023,387)	(1,006,264)	(563,342)
Proceeds from sale of property and equipment	16,350	17,689	14,803
Return of (investment in) tax credit equity investments	1,490	(4,150)	(188,282)
Other, including acquisitions, net of cash acquired	(161,258)	(3,211)	(3,164)
Net cash used in investing activities	(1,166,805)	(995,936)	(739,985)

Financing activities:
Proceeds from borrowings on revolving credit facility	30,000	3,227,000	785,800
Payments on revolving credit facility	(30,000)	(3,227,000)	(785,800)
Net (payments) proceeds of commercial paper	(547,604)	746,789	—
Proceeds from the issuance of long-term debt	498,910	749,655	847,314
Principal payments on long-term debt	—	(300,000)	(300,000)
Payment of debt issuance costs	(4,076)	(4,989)	(6,591)
Payment of excise tax on share repurchases	(28,830)	—	—
Repurchases of common stock	(2,076,529)	(3,151,155)	(3,282,265)
Net proceeds from issuance of common stock	128,981	91,316	79,356
Other	(569)	(354)	(350)
Net cash used in financing activities	(2,029,717)	(1,868,738)	(2,662,536)

Effect of exchange rate changes on cash	(1,941)	1,139	741
Net (decrease) increase in cash and cash equivalents	(148,887)	170,549	(253,530)
Cash and cash equivalents at beginning of the period	279,132	108,583	362,113
Cash and cash equivalents at end of the period	$130,245	$279,132	$108,583

Supplemental disclosures of cash flow information:
Income taxes paid	$640,426	$315,060	$415,165
Interest paid, net of capitalized interest	209,094	189,611	155,853

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.