Company: ORLY
Filing Date: 2025-03-14
Form Type: PRE 14A
Source: 0000898173-25-000013
Chunk: 24

Company: O REILLY AUTOMOTIVE INC
Filing Date: 2025-03-14
Form: PRE 14A
Chunk 24
---
 shareholder returns, as applicable. In addition to these key financial and operational metrics, the Human Capital and Compensation Committee also evaluates potential peers based on competition for Team Member recruitment and companies whose general customer demographics are similar to those of the Company.

| ​                    | ​                                |
| 2025 PROXY STATEMENT | O’REILLY AUTOMOTIVE, INC.  |  45 |

| ​                                  | ​ |
| COMPENSATION OF EXECUTIVE OFFICERS | ​ |

The Human Capital and Compensation Committee considers the Company’s relative performance compared with the established group of peer companies in the automotive aftermarket industry and other specialty retailers and considers broad-based survey data compiled by a third-party, Equilar, Inc., including total compensation for top management at companies with total revenues comparable to the total revenues of the Company. The Human Capital and Compensation Committee does not use this data or peer group data to set specific compensation benchmarks for a position or for any element of compensation but, rather, to evaluate the overall performance of the Company and the individual performance of management to set compensation at reasonable and competitive levels. Based on its annual review using the previously described criteria, the Human Capital and Compensation Committee removed three companies from and added three companies to the peer group, compared to 2023. The companies removed from and added to the peer group are identified in the following table, and the next table identifies the Company’s 2024 peer group members. Further below, the range, mean, and median revenue and market capitalization of the Company’s 2024 peer group, as well as those metrics for O’Reilly, for the twelve months ended December 31, 2024, or of the most recently completed period end, are identified.

| ​                        | ​ | ​                                  |
| PEER GROUP CHANGES       |   |                                    |
| Removal from Peer Group  | ​ | Addition to Peer Group             |
| Big Lots, Inc.           | ​ | BJ's Wholesale Club Holdings, Inc. |
| Darden Restaurants, Inc. | ​ | Fastenal Company                   |
| Foot Locker, Inc.        | ​ | Ulta Beauty, Inc.                  |

| ​                                  | ​ | ​           | ​ | ​                            | ​ | ​           |
| PEER GROUP                         |   |             |   |                              |   |             |
| ​                                  | ​ | Peer Ticker | ​ | ​                            | ​ | Peer Ticker |
| Peer Name                          |   | Symbol      |   | Peer Name