{"schema_version":"secwatch.filing_event.v1","accession":"0000040987-23-000005","form_type":"8-K","ticker":"GPC","cik":"0000040987","company_name":"GENUINE PARTS CO","filed_at":"2023-02-23T23:59:59+00:00","discovered_at":"2026-05-14T18:03:47.658891+00:00","generated_at":"2026-06-19T03:29:05.917058+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Genuine Parts Q4 sales $5.5B (+15%), adj. EPS $2.05 (+14.5%); FY22 record sales $22.1B; guides FY23 EPS $8.80-$8.95","bullets":["Q4 sales $5.5B (+15%), adj. diluted EPS $2.05 (+14.5%); FY22 record sales $22.1B (+17.1%), adj. diluted EPS $8.34 (+20.7%).","Automotive Q4 sales $3.4B (+7.6%), margin 8.6% (+30bps); Industrial sales $2.1B (+29.6%), margin 11.0% (+150bps).","FY23 guidance: sales growth 4-6%, adj. diluted EPS $8.80-$8.95, cash from ops $1.2-1.4B, FCF $0.8-1.0B.","Cash from operations $1.5B (+16.6%); free cash flow $1.1B (+13.6%) in FY22.","Returned $719M to shareholders via dividends ($496M) and share repurchases ($223M) in FY22."],"urls":{"canonical":"https://secwatch.observer/filing/0000040987-23-000005","json":"https://secwatch.observer/filing/0000040987-23-000005.json","markdown":"https://secwatch.observer/filing/0000040987-23-000005.md","text":"https://secwatch.observer/filing/0000040987-23-000005.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/40987/000004098723000005/0000040987-23-000005-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/40987/000004098723000005/gpc-20230223.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T03:29:05.917058+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"46f71c90dab13646d545cf313f17db8428a82b59","claim":"GENUINE PARTS CO reported the year ended December 31, 2023 results: EPS $8.80 to $8.95. Guidance initiated.","evidence_excerpt":"Free Cash Flow of $1.1 billion, Up 13.6% • Returned $719 million to Shareholders via Cash Dividends and Share Repurchases 2023 Outlook • Revenue Growth of 4% to 6% • Diluted EPS of $8.80 to $8.95 ATLANTA - Genuine Parts Company (NYSE: GPC) announced today its results for the fourth quarter and twelve months ended December 31, 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/40987/000004098723000005/0000040987-23-000005-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the year ended December 31, 2023"},{"label":"EPS","value":"$8.80 to $8.95"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"},{"claim_id":"c73d37c33e530d5e1fccfdd0912658108bd550b8","claim":"GENUINE PARTS CO reported the full year ended December 31, 2022 results: revenue $22.1 billion, net income $1.2 billion, EPS $8.31 per diluted share.","evidence_excerpt":"Sales in 2022 were $22.1 billion, a 17.1% increase from $18.9 billion in 2021. Net income for the twelve months was $1.2 billion, or $8.31 per diluted share.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/40987/000004098723000005/0000040987-23-000005-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the full year ended December 31, 2022"},{"label":"Revenue","value":"$22.1 billion"},{"label":"Net income","value":"$1.2 billion"},{"label":"EPS","value":"$8.31 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"f2a2590aeae95f42f5ad5abf57d4961060446606","claim":"GENUINE PARTS CO reported the fourth quarter ended December 31, 2022 results: revenue $5.5 billion, net income $252 million, EPS $1.77 per diluted share.","evidence_excerpt":"Sales were $5.5 billion, a 15.0% increase compared to $4.8 billion in the same period of the prior year. The improvement is attributable to an 11.1% increase in comparable sales and an 8.0% benefit from acquisitions, partially offset by a 4.1% unfavorable impact of foreign currency and other. Net income was $252 million, or a diluted EPS of $1.77.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/40987/000004098723000005/0000040987-23-000005-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter ended December 31, 2022"},{"label":"Revenue","value":"$5.5 billion"},{"label":"Net income","value":"$252 million"},{"label":"EPS","value":"$1.77 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}