earnings
confidence high
sentiment positive
materiality 0.80
Genuine Parts Q4 sales up 13% to $4.8B; adjusted EPS $1.79 +17.8%
GENUINE PARTS CO
2021-FY EPS reported
$6.23
revenue$18,870,510,000
- Q4 sales $4.8B (+13% YoY); adjusted diluted EPS $1.79 (+17.8%); gross margin improved for 17th consecutive quarter.
- Full year 2021 sales $18.9B (+14.1%); adjusted diluted EPS $6.91 (+31.1%), a new record.
- Full year operating cash flow $1.3B; free cash flow $1.0B; returned $800M to shareholders via dividends and buybacks.
- Announced acquisition of Kaman Distribution Group, completed January 3, 2022.
- 2022 outlook: revenue growth 9-11%; diluted EPS $7.45-$7.60.