O'Reilly Automotive (ORLY) Revenue — Quarter Ended Mar 31, 2024
Revenue increased in the current quarter compared to the prior quarter. The growth rate was lower than the increase seen in the same quarter one year earlier.
Key takeaway
Quarter ended Mar 31, 2024 · FY2024 Q1
Revenue increased in the current quarter compared to the prior quarter. The growth rate was lower than the increase seen in the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$4B
Revenue reported for this quarter.
Quarter-over-quarter
+3.8%
Change from the immediately preceding quarter.
Year-over-year
+7.2%
Change from the comparable year-ago quarter.
Trailing four quarters
$16.1B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jun 30, 2023 | $4.1B | +17.4% |
| Sep 30, 2023 | $4.2B | +10.7% |
| Dec 31, 2023 | $3.8B | +5.1% |
| Mar 31, 2024 | $4B | +7.2% |
Revenue performance
The reported revenue rose from the immediately preceding quarter, continuing a pattern of sequential growth.
Quarterly comparison
Compared with the same quarter one year earlier, revenue also increased, though the pace of growth moderated relative to that prior-year period.
What to watch
The sequential revenue improvement may warrant monitoring for sustainability given the deceleration in year-over-year growth.