Company: ORLY
Filing Date: 2025-07-14
Form Type: CORRESP
Source: 0000898173-25-000043
Chunk: 0

Company: O REILLY AUTOMOTIVE INC
Filing Date: 2025-07-14
Form: CORRESP
Chunk 0
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VIA EDGAR July 14, 2025 Securities and Exchange Commission Division of Corporation Finance 100 F Street, NE Washington, D.C. 20549 Attn: Amy Geddes & Doug Jones Office of Trade & Services RE: O’Reilly Automotive, Inc. Form 10-K for the Fiscal Year Ended December 31, 2024 Dear Amy Geddes and Doug Jones: We are writing in response to the letter of the staff (the “Staff”) of the Securities and Exchange Commission dated June 30, 2025, to Mr. Jeremy Fletcher, Executive Vice President and Chief Financial Officer of O’Reilly Automotive, Inc. (the “Company”), containing comments with respect to the Company’s above referenced filing. For convenience, we have included our responses below, preceded by the exact text of the Staff’s comments. Form 10-K for the Fiscal Year Ended December 31, 2024 Consolidated Financial Statements Notes to Consolidated Financial Statements Note 1 – Summary of Significant Accounting Policies Segment Reporting, page 51

| 1. | Please tell us how your disclosure here and in note 3 comply with the requirement to disclose how the chief operating decision maker uses your reported measure of segment profit or loss in assessing segment performance and deciding how to allocate resources pursuant to ASC 280-10-50-29.f. Refer to ASC 280-10-55-47.bb for guidance. |

RIGHT PART, RIGHT PRICE GUARANTEE! Amy Geddes / Doug Jones Office of Trade & Services Securities and Exchange Commission July 14, 2025

Response: The Company respectfully advises the Staff that it considers the provisions of Financial Accounting Standards Board Accounting Standards Codification (“ASC”) Topic 280-10-50, Segment Reporting (“ASC 280”), when drafting segment related disclosures. ASC 280 requires that entities disclose how the reported measure(s) of profit or loss are used by the chief operating decision maker in assessing segment performance and deciding how to allocate resources. As disclosed on page 51 of the Company’s Form 10-K for the fiscal year ended December 31, 2024: The Company’s chief operating decision maker is its Chief Executive Officer. The Company evaluates its reportable segment primarily on the basis of sales and segment profit, which is net income. The loss of any single customer would not have a material adverse effect on the Company. See Note 3 for further information concerning the Company’s segment reporting. As disclosed, segment profit has been determined to be net income