An Old Raincoat Won't Ever Let You Down is the debut solo studio album by Rod Stewart.

[4] Stewart's Faces bandmates Ronnie Wood and Ian McLagan also appear on the album, along with Keith Emerson, Jeff Beck Group drummer Micky Waller and guitarists Martin Pugh (of Steamhammer, and later Armageddon and 7th Order) and Martin Quittenton (also from Steamhammer).

The album received positive reviews from Fusion, Rolling Stone, and Robert Christgau.

[8] Christgau felt the album was "superb",[8] the same wording as used by Greil Marcus in his Rolling Stone review.

[9] In a retrospective summary for Rolling Stone, a staff writer felt that Stewart's solo debut showed him as a "highly original interpreter" of other people's songs, and that his own compositions indicated he was "capable of startlingly bare emotion and compassion".