O'Reilly Automotive management check
ORLY · Consumer Discretionary · Automotive Retail · CEO Brad Beckham
Filings as of
5 good · 0 to watch · 2 flagged, across the seven questions below.
- Good
Have owners done well?
Beat its chosen peers$100 invested at the start of fiscal 2021 grew to $302, against $150 for the peer group the company picked itself.
- Flag
Does pay follow performance?
Pay moved against returnsOver 5 years, the CEO's pay actually paid (equity valued at the share price) had a correlation of -0.78 with shareholder return. 1 means pay moved in step; below 0, the opposite way.
- Good
What does the CEO cost owners?
0.2% of net income$4.2m of reported pay in fiscal 2025, against $2.5bn of net income.
- Flag
Do they own the stock?
CEO stake ≈ 0.6 years of payThe CEO holds 25,885 shares, directly or through trusts (unvested awards not counted): about 0.6 years of pay. 7 insiders sold $10.4m in the last six months and none bought.
- Good
Are owners being diluted?
Share count shrinkingDiluted shares changed -3.3% a year over the last three fiscal years. Stock-based pay was 0.2% of revenue in the latest year.
- Good
Is leadership stable?
6 leadership filings in 3 yearsCEO in the pay table: Brad Beckham. 6 filings under 8-K item 5.02 (officers or directors leaving or joining, or new pay arrangements) in the last 3 years.
- Good
Are the books clean?
No red flags on fileNo restatements, auditor changes or late filings since 2021.
Against the S&P 500
Each check's score (0–100) and how it compares: the share of ranked S&P 500 companies it matches or beats, and the median in Consumer Discretionary.
| Check | Score | At or above | Sector median |
|---|---|---|---|
| Owner returns | 100 | 70 | |
| Pay for performance | 11 | 79 | |
| CEO cost | 100 | 44 | |
| Skin in the game | 3 | 36 | |
| Dilution | 91 | 74 | |
| Stable leadership | 95 | 80 | |
| Clean books | 100 | 100 |
Closest peers
Others in Automotive Retail, by management score. O'Reilly Automotive is 22nd of 47 in its sector.
- 100CVNACarvana76
- 159NVRNVR, Inc.72
- 160LVSLas Vegas Sands72
- 164ORLYO'Reilly Automotive71
- 174FFord Motor Company71
- 220AZOAutoZone67
Pay versus performance
From the proxy statement filed March 27, 2026. "Actually paid" values stock awards at the share price, so it rises and falls with the stock.
| Fiscal year | CEO | CEO pay | Actually paid | Other executives (avg) | $100 became | Peers | Net income |
|---|---|---|---|---|---|---|---|
| 2025 | Brad Beckham | $4.2m | $5.2m | $1.9m | $302 | $150 | $2.5bn |
| 2024 | — | $2.8m | $4.6m | $1.5m | $262 | $144 | $2.4bn |
| 2023 | — | $5.6m | $6.2m | $1.9m | $210 | $109 | $2.3bn |
| 2022 | — | $5.5m | $8.5m | $2.2m | $187 | $77 | $2.2bn |
| 2021 | — | $12.8m | $19.0m | $4.2m | $156 | $119 | $2.2bn |
The board says pay is tied most to Operating Income. Its other key measures: Comparable Store Sales, Return on Invested Capital.
Insiders and the CEO's stake
Brad W Beckham (CEO) held 25,885 shares directly after their latest Form 4 on May 8, 2026, roughly $2.5m at that filing's price.
7 insiders sold $10.4m in the last six months and none bought.
- SoldRobert Allen DumasSVP OF EASTERN STORE OPS/SALES$7.8mMay 20, 2026
- SoldBrad W BeckhamCEO$1.3mMay 8, 2026
- SoldPhilip M HopperSVP OF REAL ESTATE & EXPANSION$350kMay 7, 2026
- SoldChristopher Andrew ManciniSVP OF PROF SALES & STORE OPS$279kAug 12, 2026
Leadership and governance on file
- Jul 10, 2026Leadership change8-K 5.02
- May 18, 2026Leadership change8-K 5.02
- May 19, 2025Leadership change8-K 5.02
- May 22, 2024Leadership change8-K 5.02
- Feb 7, 2024Leadership change8-K 5.02
- Nov 16, 2023Leadership change8-K 5.02
- Jul 26, 2023Leadership change8-K 5.02
- May 23, 2023Leadership change8-K 5.02
- Apr 6, 2023Leadership change8-K 5.02
- Feb 8, 2023Leadership change8-K 5.02
- Jan 6, 2023Leadership change8-K 5.02
- May 16, 2022Leadership change8-K 5.02
Latest shareholder vote results: May 18, 2026, including the say-on-pay vote.
Where the money went
Over 2021–2025: $13.1bn returned to owners in buybacks and dividends, 113% of net income, and $142.7m of pay in stock.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $13.3bn | $14.4bn | $15.8bn | $16.7bn | $17.8bn |
| Net income | $2.2bn | $2.2bn | $2.3bn | $2.4bn | $2.5bn |
| Stock-based pay | $24.7m | $26.5m | $27.5m | $28.9m | $35.1m |
| Buybacks | $2.5bn | $3.3bn | $3.2bn | $2.1bn | $2.1bn |
| Dividends | — | — | — | — | — |
| Diluted shares | 70m | 65m | 915m | 881m | 856m |
Educational only, not investment advice. Figures are as filed with the SEC: pay from the proxy's pay-versus-performance table, capital allocation from 10-K XBRL data, insider trades from Form 4s over the last six months, events from the last 5 years of filings. The peer group is the one the company chose. See the method.