O'Reilly Automotive (STU:OM6) Effective Interest Rate on Debt % : 2.97% (As of Mar. 2024)

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What is O'Reilly Automotive Effective Interest Rate on Debt %?

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. O'Reilly Automotive's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was €210 Mil. O'Reilly Automotive's average total debt for the quarter that ended in Mar. 2024 was €7,086 Mil. Therefore, O'Reilly Automotive's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 2.97%.

O'Reilly Automotive Effective Interest Rate on Debt % Historical Data

The historical data trend for O'Reilly Automotive's Effective Interest Rate on Debt % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

O'Reilly Automotive Effective Interest Rate on Debt % Chart

O'Reilly Automotive Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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3.04

2.56

2.50

2.62

2.77

O'Reilly Automotive Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															2.59	2.76	2.85	2.92	2.97

Competitive Comparison of O'Reilly Automotive's Effective Interest Rate on Debt %

For the Specialty Retail subindustry, O'Reilly Automotive's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

O'Reilly Automotive's Effective Interest Rate on Debt % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, O'Reilly Automotive's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where O'Reilly Automotive's Effective Interest Rate on Debt % falls into.

O'Reilly Automotive Effective Interest Rate on Debt % Calculation

O'Reilly Automotive's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2022 )	+	Total Debt (A: Dec. 2023 ))	/ count )
=	-1 * -184.93	/	( (6178.509	+	7190.202)	/ 2 )
=	-1 * -184.93	/	6684.3555
=	2.77 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	5832.324	+	346.185
=	6178.509

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	6832.997	+	357.205
=	7190.202

O'Reilly Automotive's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2023 )	+	Total Debt (Q: Mar. 2024 ))	/ count )
=	-1 * -210.304	/	( (7190.202	+	6981.03)	/ 2 )
=	-1 * -210.304	/	7085.616
=	2.97 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	6832.997	+	357.205
=	7190.202

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	6613.725	+	367.305
=	6981.03

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Mar. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

O'Reilly Automotive (STU:OM6) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.

O'Reilly Automotive Effective Interest Rate on Debt % Related Terms

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O'Reilly Automotive (STU:OM6) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » O'Reilly Automotive Inc (STU:OM6) » Definitions » Effective Interest Rate on Debt %

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Address

233 South Patterson Avenue, Springfield, MO, USA, 65802

Website

https://www.oreillyauto.com

O'Reilly Automotive is one of the largest sellers of aftermarket automotive parts, tools, and accessories, serving professional and DIY customers (44% and 56% of 2022 sales, respectively). The company sells branded as well as own-label products, with the latter category comprising nearly half of sales. O'Reilly had 5,971 stores as of the end of 2022, spread across 47 U.S. states and including 42 stores in Mexico. The firm serves professional and DIY customers through its stores and also employs approximately 725 sales personnel targeting commercial buyers.

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