O'Reilly Automotive Plans 230 New Stores, $1.6B Buybacks and 11.4% EPS Growth
O'Reilly Automotive maintained its 33rd consecutive year of positive same-store sales growth in 2025 and plans to open about 230 net new stores in 2026. The company repurchased $1.6B of stock in 9M 2025 and analysts forecast 11.4% EPS growth in 2026 with a P/E of 31.7.
1. Earnings Release and Conference Call Schedule
O’Reilly Automotive will release its fourth quarter and full-year 2025 results on Wednesday, February 4, 2026 after 3:30 p.m. Central Time. The Company will host a conference call to discuss these results on Thursday, February 5, 2026 at 10:00 a.m. Central Time. Investors and analysts can access the live webcast via the Investor Relations section of OReillyAuto.com. The dial-in number for the call is (888) 506-0062 with conference ID 873967, and a replay will be available online through February 4, 2027.
2. Store Footprint and Same-Store Sales Performance
As of September 30, 2025, O’Reilly operated 6,538 stores across 48 U.S. states, Puerto Rico, Mexico and Canada. Management plans to open approximately 230 net new locations in 2026, building on 200 to 210 openings in 2025. The Company is on track for its 34th consecutive year of positive same-store sales growth, following 33 straight years of increases driven by durable demand in both do-it-yourself and professional service markets.
3. Share Repurchase Activity
In the first nine months of fiscal 2025, O’Reilly spent $1.6 billion on share repurchases, part of a decade-long program that has reduced diluted outstanding shares by 44%. The Board has authorized ongoing buybacks in lieu of a cash dividend, reflecting strong free cash flow generation and a commitment to return capital to shareholders while maintaining flexibility for continued store expansion.
4. Analyst Forecasts and Valuation Considerations
Wall Street analysts project O’Reilly’s earnings per share will grow 8.8% in fiscal 2025 and 11.4% in fiscal 2026, underpinned by stable margins and network expansion. The stock currently trades at a price-to-earnings ratio of 31.7, above its five-year historical average. While profit growth is expected to remain robust, investors should monitor potential valuation contraction, which could offset earnings gains if market sentiment shifts over the next 12 months.