Every 424B that O'Reilly Automotive, Inc. (ORLY) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 424B covers the supplement that carries the terms of a priced offering, so if you follow ORLY and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full ORLY filings page.
O’Reilly Automotive, Inc. is offering $1,600,000,000 aggregate principal amount of senior unsecured notes, consisting of $700 million 4.800% notes due August 14, 2029, $500 million 5.050% notes due August 14, 2031, and $400 million 5.550% notes due March 14, 2037. Interest is paid semi‑annually beginning in 2027. The notes rank equally with O’Reilly’s other unsecured, unsubordinated debt and are effectively junior to any future secured debt and to all liabilities of subsidiaries. Upon a Change of Control Triggering Event, holders can require repurchase at 101% of principal plus accrued interest, and O’Reilly may redeem the notes earlier at specified make‑whole or par prices. Estimated net proceeds of about $1.59 billion will be used primarily to repay a portion of the $1.65 billion outstanding under its commercial paper program and, if any remain, for general corporate purposes, including working capital, share repurchases, acquisitions and related fees. Pro forma as of June 30, 2026, consolidated senior debt would be about $7.3 billion, including these notes and existing senior notes.
O’Reilly Automotive, Inc. is conducting an offering of multiple series of senior unsecured notes under its automatic shelf registration as a well-known seasoned issuer. The notes rank equally with existing unsecured debt, including the company’s credit facility, commercial paper program and outstanding senior notes, and are structurally junior to subsidiary obligations.
Interest will be paid semi-annually, and the notes may be redeemed early at specified make-whole and par call prices. Holders receive a 101% repurchase right plus accrued interest upon a Change of Control Triggering Event. The indenture limits secured debt and sale-leaseback transactions and contains change-of-control, lien and sale‑leaseback covenants.
Estimated net proceeds will be used primarily to repay a portion of commercial paper and, if any remain, for general corporate purposes including working capital, share repurchases and acquisitions. As of August 7, 2026, O’Reilly had $1.65 billion outstanding under its $2.25 billion commercial paper program and no borrowings under its $2.25 billion credit facility.
O’Reilly Automotive is offering $850,000,000 of 5.100% Senior Notes due 2036. The notes pay interest semi‑annually on March 12 and September 12 beginning September 12, 2026, and mature March 12, 2036.
Net proceeds — approximately $841 million after underwriting discounts and fees — are intended to repay at maturity O’Reilly’s outstanding 3.550% senior notes due 2026, repay a portion of commercial paper borrowings and, to the extent available, for general corporate purposes. The notes are unsecured, pari passu with other unsecured senior indebtedness, subject to effect of any future secured debt and structurally junior to subsidiary liabilities. The issuer may redeem the notes prior to maturity at specified redemption prices; a Change of Control Triggering Event requires an offer to repurchase at 101% of principal plus accrued interest.
O’Reilly Automotive, Inc. is offering a new series of senior unsecured notes pursuant to a preliminary prospectus supplement.
The notes will be equal in right of payment with O’Reilly’s other unsecured debt, initially will not be guaranteed by subsidiaries, and will be structurally junior to any subsidiary liabilities. The indenture includes an optional redemption feature and a Change of Control Triggering Event that would require an offer to repurchase notes at 101% of principal plus accrued interest. Net proceeds are intended to repay maturing 3.550% senior notes due March 15, 2026, to repay a portion of commercial paper and for general corporate purposes. The notes will not be listed and will be issued in book-entry form.