Revenue segments as reported by the company.

Automotive

Industrial

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Selling, administrative and other expenses

Depreciation and amortization

Provision for doubtful accounts

Restructuring costs

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Genuine Parts

Genuine Parts Co. engages in the distribution of automotive and industrial replacement parts. It operates through the following segments: Automotive Parts Group, Industrial Parts Group, and Corporate. The Automotive Parts Group segment distributes replacement parts, other than body parts for substantially all makes and models of automobiles, trucks, and other vehicles. The Industrial Parts Group segment offers a range of industrial bearings, mechanical and fluid power transmission equipment, including hydraulic and pneumatic products, material handling components, and related parts and supplies. The company was founded by Carlyle Fraser on May 7, 1928, and is headquartered in Atlanta, GA.

Earnings data Q1 2021

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Earnings data Q1 2022

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Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Genuine Parts (GPC) achieves record sales and earnings growth

Genuine Parts (GPC) reports record-setting performance in Q4 and full-year 2022, driven by successful strategic initiatives and acquisitions. The company is well-positioned for growth opportunities, focusing on margin expansion, automation, and capital allocation. Challenges include managing inflation, SG&A impact, and industry trends.

Genuine Parts (GPC) reports record Q1 sales and earnings growth

Genuine Parts (GPC) showcased robust Q1 performance with record sales and earnings growth, despite challenges from weather and cost pressures.
Strategic initiatives and talent focus position GPC for continued growth, with margin expansion and efficiency improvements expected for the year.
Optimism surrounds GPC's business momentum and performance, underpinned by disciplined capital allocation and a focus on driving competitiveness.

Genuine Parts (GPC) reports record sales and earnings growth

GPC delivered strong financial performance with record sales and earnings growth, driven by robust industrial and automotive segments.
Despite inflation concerns and ongoing price competition, the company remains optimistic about future growth opportunities and profitability.
Strategic cost-saving measures and efficient operations position GPC well for continued success and margin expansion in the coming quarters.

Genuine Parts (GPC) reports Q3 growth amidst U.S. automotive challenges

Genuine Parts (GPC) delivered solid financial performance with sales and earnings growth, despite challenges in the U.S. automotive business. The company remains committed to strategic investments, sustainability, and margin expansion, expecting double-digit earnings growth for the year.

Genuine Parts reports robust 2023 performance, eyes margin expansion

Genuine Parts Company delivered strong financial performance in 2023, with a focus on margin improvements and shareholder returns.
Challenges include inflationary pressures and the need for operational enhancements, but the company remains confident in its full-year guidance.
Opportunities for growth and operational efficiency are highlighted through strategic initiatives and expansion plans for NAPA stores.
The company's outlook for 2024 is positive, with a focus on industry fundamentals and navigating market conditions with agility.

Genuine Parts (GPC) reports robust Q1 earnings, eyes growth opportunities

Genuine Parts (GPC) posts strong Q1 results with positive outlook for 2024. Challenges in Global Industrial segment offset by improvements in Global Automotive segment. Strategic initiatives and acquisitions driving growth and market expansion.

Genuine Parts reports $6B in Q2 sales, focuses on culture and acquisitions

Genuine Parts Company's Q2 2024 performance showed mixed results with strong sales but challenges in certain segments. The company's focus on culture, high-performing teams, and strategic acquisitions positions it well for future growth despite market challenges.

Genuine Parts (GPC) Q3 2024 Earnings: Challenges Amid Growth Opportunities

Genuine Parts (GPC) faced challenges in Q3 due to weak market conditions, hurricanes, and profitability issues in key segments.
Despite these challenges, the company remains focused on strategic investments, customer experience, and seizing growth opportunities.
Management's proactive adjustments to the 2024 outlook demonstrate a commitment to navigating challenges and driving future success.

Revenue

Cost of revenue

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SG&A

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Inventory

Non-current assets

Net PPE

Intangibles

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Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Polaris

PPG Industries

Sonoco Products

Target

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Assessing risk vs. reward is crucial for stock investing; Genuine Parts Company's recent 20% drop prompts a re-evaluation of its current investment potential. Treat Genuine Parts' current downturn as recession-like; historical data suggests deeper price drops are possible given past P/E ratios and earnings declines. GPC is a slow-growth business; it should only be bought at a deep discount for potential mean reversion gains, not for long-term holding.

Genuine Parts Stock: Not Cheap Enough To Buy, Yet

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Explore how Genuine Parts' (GPC) revenue from international markets is changing and the resulting impact on Wall Street's predictions and the stock's prospects.

Interpreting Genuine Parts (GPC) International Revenue Trends

Shares fell after the company lowered 2024 earnings expectations.

Why Genuine Parts Stock Investors Saw Red This Week

I downgrade Genuine Parts Company stock from buy to hold due to poor 3Q24 performance and a weak macroeconomic outlook impacting both APG and IPG segments. 3Q24 results showed disappointing comparable sales growth, with APG and IPG segments underperforming, leading to a significant miss on EPS estimates. The outlook remains bleak, with no signs of improvement in consumer spending and industrial production.

Genuine Parts Company: Rating Downgrade On Weak Near-Term Outlook

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Genuine Parts Company experienced a significant 20% drop in stock value, now trading at a valuation below 12.2x P/E normalized with a yield above 3.53%. Despite the drop, Genuine Parts Company remains a stable, nearly 100-year-old business with a BBB rating and a market cap over $15B, not facing bankruptcy. The decline was triggered by 3Q24 results, but the company's fundamentals in automotive and industrial replacement parts remain strong, suggesting potential upside.

Genuine Parts Company: A Buy Opportunity Following The Recent Drop

Genuine Parts reported weaker Q3 results, leading to a sharp guidance cut. On a positive note, sales are normalizing, and there was an improvement in the gross margin. M&A upside, valuation discount, and growth in car fleets aging make GPC a Buy.

Genuine Parts Company: We Double Down

Although the revenue and EPS for Genuine Parts (GPC) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Genuine Parts (GPC) Reports Q3 Earnings: What Key Metrics Have to Say

Shares of the auto parts chain fell on a disappointing earnings report.

Why Genuine Parts Stock Tumbled Today

GPC reports lower-than-expected third-quarter results and expects full-year overall sales growth in the range of 1-2%, down from the previous estimate of 1-3%.

Genuine Parts Q3 Earnings Miss Estimates, Guidance Revised

Genuine Parts Co. (GPC) was the biggest decliner in the S&P 500 Tuesday after its third-quarter net income fell well short of estimates and it lowered its profit projections for the full fiscal year.

NAPA Auto Parts Parent's Stock Tumbles on Weak Profit, Lowered Outlook

Genuine Parts Company (NYSE:GPC ) Q3 2024 Earnings Conference Call October 22, 2024 8:30 AM ET Company Participants Tim Walsh - Senior Director, Investor Relations Will Stengel - President and Chief Executive Officer Bert Nappier - Executive Vice President and Chief Financial Officer Conference Call Participants Kate McShane - Goldman Sachs Scot Ciccarelli - Truist Michael Lasser - UBS Chris Horvers - JPMorgan Greg Melich - Evercore Seth Basham - Wedbush Securities Bret Jordan - Jefferies Operator Good day, ladies and gentlemen. Welcome to the Genuine Parts Company Third Quarter 2024 Earnings Conference Call.

Genuine Parts Company (GPC) Q3 2024 Earnings Call Transcript

Genuine Parts (GPC) came out with quarterly earnings of $1.88 per share, missing the Zacks Consensus Estimate of $2.44 per share. This compares to earnings of $2.49 per share a year ago.

Genuine Parts (GPC) Misses Q3 Earnings and Revenue Estimates

Shares of Genuine Parts Co. fell 10.1% in premarket trading after the auto-parts company reported lower-than-expected third-quarter earnings and lowered its outlook, citing weakness in market conditions.

Genuine Parts stock slides on Q3 earnings miss, lowered outlook

Genuine Parts falls short on quarterly earnings estimates but beats on sales.

Why This Auto-Parts Stock Is Tuesday's Worst Stock in S&P 500

Sales of $6.0 billion Diluted EPS of $1.62 Adjusted Diluted EPS of $1.88 Revises 2024 Outlook: Revenue Growth of 1% to 2% from 1% to 3% Adjusted Diluted EPS of $8.00 to $8.20 from $9.30 to $9.50 ATLANTA , Oct. 22, 2024 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC), a leading global service provider of automotive and industrial replacement parts and value-added solutions, announced today its results for the third quarter ended September 30, 2024. "I would like to thank our global GPC teammates for their hard work in serving our customers during the third quarter," said Will Stengel, President and Chief Executive Officer.

Genuine Parts Company Reports Third Quarter 2024 Results and Revises Full-Year Outlook

Get a deeper insight into the potential performance of Genuine Parts (GPC) for the quarter ended September 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.

What Analyst Projections for Key Metrics Reveal About Genuine Parts (GPC) Q3 Earnings

Advance Auto Parts

Genuine Parts Co. is a Dividend King /Champion with a 68-year history of rising dividends, offering a reliable but currently somewhat overvalued investment. AutoZone Inc. and O'Reilly Automotive Inc. are strong growth stocks but are overvalued, making them hold rather than buy candidates. Advance Auto Parts Inc. faces significant challenges with recent earnings struggles and a 2023 dividend cut, making it a speculative and unreliable investment.

Genuine Parts 2.8% Yield And A Look At AutoZone, Advance Auto Parts And O'Reilly

News for Genuine Parts Stock (GPC)