Start with its own history
At 28.33×, ORLY is 21.2% above its 10-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.

Current valuation, historical context, and peer comparisons.
Current P/E ratio
28.33×
21.2% abovethe 10-year annual average
Price and EPS in quote currency. Calculation details
Investors are paying 28.33 for every 1 of reported earnings per share.
Annual period-end data · 25 observations
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2025 | 30.61× | +4.9% |
| Dec 31, 2024 | 29.17× | +23.9% |
| Dec 31, 2023 | 23.55× | -2.1% |
| Dec 31, 2022 | 24.05× | +11.3% |
| Dec 31, 2021 | 21.60× | +18.1% |
| Dec 31, 2020 | 18.28× | -21.8% |
| Dec 31, 2019 | 23.38× | +15.0% |
| Dec 31, 2018 | 20.32× | +12.7% |
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2017 | 18.02× | -27.2% |
| Dec 31, 2016 | 24.75× | -6.2% |
| Dec 31, 2015 | 26.39× | +4.8% |
| Dec 31, 2014 | 25.18× | +23.2% |
| Dec 31, 2013 | 20.43× | +13.1% |
| Dec 31, 2012 | 18.06× | -11.9% |
| Dec 31, 2011 | 20.50× | +6.8% |
| Dec 31, 2010 | 19.19× | +20.9% |
| Dec 31, 2009 | 15.88× | -22.6% |
| Dec 31, 2008 | 20.50× | +13.9% |
| Dec 31, 2007 | 18.00× | -7.5% |
| Dec 31, 2006 | 19.45× | -8.7% |
| Dec 31, 2005 | 21.30× | +1419.4% |
| Dec 31, 2004 | 1.40× | -92.9% |
| Dec 31, 2003 | 19.85× | +27.1% |
| Dec 31, 2002 | 15.61× | -42.9% |
| Dec 31, 2001 | 27.35× | N/M |
Change is relative to the preceding observation. N/M values are excluded from averages.
Company P/E vs. peer trailing-12-month ratios
| Company | P/E ratio |
|---|---|
ORLY This stockO'Reilly Automotive, Inc. | 28.33× |
AZOAutoZone, Inc. | 21.30× |
AAPAdvance Auto Parts, Inc. | 36.42× |
GPCGenuine Parts Company | 486.15× |
Peers are selected by the data provider. Business models and earnings definitions can differ.
Put the numbers in context
At 28.33×, ORLY is 21.2% above its 10-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.
The median of the 3 positive peer ratios above is 36.42×. Check growth, margins, debt, and earnings quality before interpreting the gap. A faster-growing business may justify a higher multiple.
One-off gains can temporarily lower P/E; unusual charges can raise it. Reported earnings and forward estimates answer different questions. Pair this view with return on equity and liquidity for a fuller picture.
Keep your research connected
Pull historical P/E into Excel or Google Sheets with Wisesheets. Build your own comparisons alongside the rest of your financial model.
Explore Wisesheets=WISE("ORLY", "PE Ratio", "LQ")Share price 92.34 ÷ EPS 3.26 = 28.33×. Data is supplied by Financial Modeling Prep through Wisesheets. Quote feed updated Nov 5, 2026; this is not a real-time trading quote.
Annual and quarterly P/E observations are provided separately from the current quote. Averages use the latest 3, 5, or 10 annual observations, excluding missing and nonpositive ratios. Pre-IPO observations are omitted. These are period-end observations, not daily averages.
The current quote feed does not specify the exact EPS filing-period end or whether EPS is basic or diluted. We do not label it as forward P/E. Peer ratios are explicitly trailing-12-month (TTM) values. Historical observations do not include independently verified price and EPS inputs. Sources may update on different schedules; rounded inputs can produce small calculation differences. Historical comparisons describe past pricing, not an estimate of fair value.
The essentials behind the numbers.
O'Reilly Automotive, Inc.'s current P/E is 28.33× based on the quote data last updated Nov 5, 2026. It represents the share price divided by reported earnings per share. Prices and earnings may refresh on different schedules.
Annual P/E uses earnings for a completed fiscal year. Trailing-12-month (TTM) P/E uses the latest four quarters, while forward P/E uses forecast earnings. These are not interchangeable. This page labels peer ratios as TTM and shows dated annual or quarterly historical observations; it does not show forward estimates.
N/M means not meaningful: the feed has no positive P/E for that observation. Negative or zero earnings should not be ranked as a low positive valuation multiple. N/M observations are excluded from the averages shown above.
Divide the share price by earnings per share (EPS). For example, a share price of 100 and EPS of 5 gives a P/E of 20×. This page uses the price and EPS supplied together in the quote when both are positive.
Price timestamps, EPS definitions, share classes, adjustments, and fiscal periods can differ. A forward P/E also uses forecast earnings rather than reported earnings. Compare the inputs and as-of dates before comparing two displayed ratios.
Not necessarily. The average describes previous market pricing, not fair value. Changes in earnings quality, growth expectations, debt, accounting, and business risk can justify a different multiple today.