Advance Auto Parts, Inc.
Advance Auto Parts, Inc. (NYSE: AAP) is trading at $41.73, about ₹4,007 at today's USD/INR rate, as of 25 Sep 2026, 4:00 PM ET, up 0.72% today. Indian residents can buy Advance Auto Parts from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$41.23
Today's high
$42.24
52 week low
$37.89
52 week high
$65.20
AAP opened at $42.00, closed previously at $41.43, and has traded between $37.89 and $65.20 over the past 52 weeks.
About
Advance Auto Parts, Inc. operates as a leading retailer and supplier of a comprehensive array of automotive replacement components, accessories, batteries, and essential maintenance supplies. Its extensive inventory caters to a wide spectrum of vehicles, including domestic and imported passenger cars, vans, sport utility vehicles, and both light and heavy-duty trucks. The company's product offering is broad, encompassing critical mechanical systems such as brakes, engine parts, electrical and ignition components, cooling and heating systems, chassis, clutches, and exhaust systems. Beyond these core parts, it provides a diverse selection of accessories, specialty tools, interior and exterior enhancements, lighting products, performance upgrades, and a variety of chemicals, sealants, and cleaning supplies. Furthermore, Advance Auto Parts stocks all necessary fluids and filters for engine and transmission maintenance, including motor oils, lubricants, fuel additives, and air, fuel, and oil filters. In addition to product sales, the company supports its clientele with various services like battery and wiper installation, diagnostic engine light scanning, electrical system testing, oil and battery recycling, and a convenient loaner tool program. Products are accessible to both professional automotive technicians and do-it-yourself (DIY) enthusiasts through its physical store network and online platform. Advance Auto Parts operates stores under well-known banners such as Advance Auto Parts, Autopart International, and Carquest, along with Worldpac-branded branches. As of April 23, 2022, its expansive operational footprint included 4,687 company-owned stores and 311 branches situated across the United States, Puerto Rico, the U.S. Virgin Islands, and Canada. The company also supplied 1,318 independently owned Carquest-branded stores located in Mexico, Grand Cayman, the Bahamas, Turks and Caicos, and the British Virgin Islands. Founded in 1929, Advance Auto Parts, Inc. maintains its corporate headquarters in Raleigh, North Carolina.
Key statistics
Avg. volume
2.06M
Market cap
$2.52B
P/E Ratio
29.95
Price-to-sales ratio
0.29
Enterprise value
$4.61B
Free cash flow yield
0.91%
Debt-to-equity ratio
2.31
Return on equity
3.79%
ROIC
3.49%
Beta
1.03
Dividend yield
2.40%
Last dividend
$1.00
Financial overview
Revenue
$8.60B
Earnings per share
$0.73
Free cash flow
-$298.00M
Net profit margin
0.97%
Gross margin
44.66%
EBITDA
$320.00M
Revenue growth
-5.42%
Similar securities
This is not an investment recommendation
How to buy Advance Auto Parts from India
Indian residents can buy Advance Auto Parts shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars.
Search for Advance Auto Parts and place an order
Find Advance Auto Parts by name or by its ticker, AAP, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Advance Auto Parts trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Advance Auto Parts position in USD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Read the full guide: how to invest in Advance Auto Parts from India
Trading and taxes when buying Advance Auto Parts from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateDividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Advance Auto Parts’ current yield is 2.40%.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
Custody. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
Can Indian residents buy Advance Auto Parts stock?
Yes. Advance Auto Parts (AAP) has been listed on the New York Stock Exchange since 2001, in the Specialty Retail industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
How much does one Advance Auto Parts share cost in rupees?
One Advance Auto Parts share is $41.73 — about ₹4,007 at a USD/INR rate of 96.02 on 24 Sep 2026. Both the Advance Auto Parts price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying Advance Auto Parts from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
Can I buy whole shares of Advance Auto Parts?
Yes. One Advance Auto Parts share is $41.73, and you can buy as many whole shares as you like. You can also buy by amount rather than by quantity: there is no minimum trade size, and Paasa supports fractional investing in Advance Auto Parts.
How are gains on Advance Auto Parts shares taxed in India?
The US does not levy capital gains tax on shares for Indian residents, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the USD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Advance Auto Parts price. Paasa issues a capital-gains statement for your return.
Does Advance Auto Parts pay a dividend, and how is it taxed in India?
Yes. Advance Auto Parts pays a dividend and the current yield is 2.40%; the last declared dividend was $1.00 per share, about ₹96.02. Dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade Advance Auto Parts from India?
The New York Stock Exchange trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
Is there estate or inheritance tax on Advance Auto Parts shares held from India?
US-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons. It applies to your overall holdings in that jurisdiction rather than to any one position. Paasa's US estate tax calculator shows the exposure for a given portfolio value.
Do I have to declare Advance Auto Parts shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your Advance Auto Parts holding, its cost and its closing value.
How do I sell Advance Auto Parts and bring the money back to India?
You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in USD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.