---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-024710"
form_type: "8-K"
ticker: "ORLY"
cik: "0000898173"
company_name: "O REILLY AUTOMOTIVE INC"
filed_at: "2026-03-06T23:59:59+00:00"
generated_at: "2026-05-15T19:13:54.655262+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# O'Reilly Automotive issues $850M 5.100% Senior Notes due 2036

## Summary
- $850M aggregate principal of 5.100% Senior Notes due 2036 issued via underwritten offering.
- Net proceeds estimated at ~$841M after underwriting discounts and offering expenses.
- Proceeds to repay 3.550% notes due 2026 and a portion of commercial paper outstanding.
- Remaining net proceeds for general corporate purposes, including share repurchases and acquisitions.

## SEC filing metadata
- accession: 0001104659-26-024710
- form_type: 8-K
- ticker: ORLY
- cik: 0000898173
- company_name: O REILLY AUTOMOTIVE INC
- filed_at: 2026-03-06T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/898173/000110465926024710/0001104659-26-024710-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/898173/000110465926024710/tm265973d4_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-024710
- JSON: https://secwatch.observer/filing/0001104659-26-024710.json
- Plain text: https://secwatch.observer/filing/0001104659-26-024710.txt

## Key facts
- Material Agreements
  O REILLY AUTOMOTIVE INC entered into Underwriting Agreement with BofA Securities, Inc., J.P. Morgan Securities LLC and Wells Fargo Securities, LLC, as the representatives of the underwriters valued at $850,000,000 (effective 2026-03-05).
  - Action: entry
  - Agreement: underwriting
  - Counterparty: BofA Securities, Inc., J.P. Morgan Securities LLC and Wells Fargo Securities, LLC, as the representatives of the underwriters
  - Value: $850,000,000
  - Effective: 2026-03-05
  source text: On March 5, 2026, O’Reilly Automotive, Inc. (the “Company”) entered into an Underwriting Agreement (the “Underwriting Agreement”) with BofA Securities, Inc., J.P. Morgan Securities LLC and Wells Fargo Securities, LLC, as the representatives of the underwriters named on Schedule I thereto (the “Underwriters”), with respect to the Company’s issuance and sale of $850,000,000 aggregate principal amount of the Company’s 5.100% Senior Notes due 2036 (the “Notes”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/898173/000110465926024710/0001104659-26-024710-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.