O'Reilly Automotive (ORLY) Revenue — Quarter Ended Sep 30, 2024
Revenue for the quarter increased compared to the same period last year. The growth rate, however, moderated relative to the immediately preceding quarter.
Key takeaway
Quarter ended Sep 30, 2024 · FY2024 Q3
Revenue for the quarter increased compared to the same period last year. The growth rate, however, moderated relative to the immediately preceding quarter.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$4.4B
Revenue reported for this quarter.
Quarter-over-quarter
+2.2%
Change from the immediately preceding quarter.
Year-over-year
+3.8%
Change from the comparable year-ago quarter.
Trailing four quarters
$16.4B
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 |
|---|---|---|
| Dec 31, 2023 | $3.8B | +5.1% |
| Mar 31, 2024 | $4B | +7.2% |
| Jun 30, 2024 | $4.3B | +5.0% |
| Sep 30, 2024 | $4.4B | +3.8% |
Revenue performance
The reported revenue rose from the prior quarter, continuing an upward trend. The year-over-year comparison also showed an increase, though at a slower pace than the sequential gain.
Quarterly comparison
Compared to the immediately preceding quarter, revenue improved. When measured against the same quarter one year earlier, revenue was also higher, but the rate of increase was less pronounced than the sequential change.
What to watch
The deceleration in year-over-year growth compared to the prior quarter's pace may warrant attention in future filings.