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Genuine Parts GPC Industrial — 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 industrial — operating profit?
Genuine Parts (GPC) reported industrial — operating profit of $258.75M in Q3 2024.
How has Genuine Parts's industrial — operating profit changed year-over-year?
Genuine Parts's industrial — operating profit decreased by 8.5% year-over-year, from $282.81M to $258.75M.
What is the long-term trend for Genuine Parts's industrial — operating profit?
Over 2 years (2021 to 2023), Genuine Parts's industrial — operating profit has grown at a 36.1% compound annual growth rate (CAGR), from $595.23M to $1.1B.
What does industrial — operating profit mean?
The profit earned from the industrial business before interest and taxes.
How do you interpret industrial — operating profit?
Higher operating profit indicates improved margins or effective cost management, while declining profit suggests competitive pressure or rising operational costs.
How does industrial — operating profit compare across companies?
A standard performance metric for all business segments; peers are compared based on operating margin percentages.