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Genuine Parts GPC Automotive — Operating profit

Discontinued — last reported Q3 '24

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Other financials

Income statement

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Revenue$6.3B+6.8%
Gross profit$2.3B+7.6%
Net income$188.5M-3.0%
EPS (diluted)$1.37-2.1%

Balance sheet

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Cash & equivalents$500.0M+18.9%
Total debt$6.4B+4.2%
Total equity$4.5B+0.6%
Total assets$21.0B+5.9%

Cash flow

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Operating cash flow$63.9M+257%
CapEx$97.6M-18.6%
Free cash flow-$33.6M+79.1%

Valuation

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Market cap$14.96B-11.0%
Enterprise value$20.82B-7.4%
P/E17.3×+4.3×
P/S0.6×-0.1×

Profitability

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Gross margin36.9%+0.3pp
Net margin3.4%-1.3pp
FCF margin2.2%+0.7pp

Returns & leverage

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Return on equity17.1%-7.4pp
Debt / equity1.4×0.0×
Current ratio1.1×-0.1×

Where this comes from

Reported directly by Genuine Parts in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The official record: Genuine Parts’s 10-Q, filed October 22, 2024, on SEC EDGAR. View the filing →

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Questions, answered.

What is Genuine Parts's automotive — operating profit?
Genuine Parts (GPC) reported automotive — operating profit of $262.2M in Q3 2024.
How has Genuine Parts's automotive — operating profit changed year-over-year?
Genuine Parts's automotive — operating profit decreased by 18.6% year-over-year, from $322M to $262.2M.
What is the long-term trend for Genuine Parts's automotive — operating profit?
Over 2 years (2021 to 2023), Genuine Parts's automotive — operating profit has grown at a 4.6% compound annual growth rate (CAGR), from $1.07B to $1.17B.
What does automotive — operating profit mean?
The profit generated by the automotive business from its core operations before interest and taxes.
How do you interpret automotive — operating profit?
An increase signals improved margins or volume growth, while a decrease suggests rising costs or competitive pricing pressure.
How does automotive — operating profit compare across companies?
A primary performance metric for all public companies, allowing for direct comparison of operational efficiency.