---
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"
generated_at: "2026-06-19T03:29:05.917058+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# 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

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000040987-23-000005
- JSON: https://secwatch.observer/filing/0000040987-23-000005.json
- Plain text: https://secwatch.observer/filing/0000040987-23-000005.txt

## Key facts
- Earnings Releases
  GENUINE PARTS CO reported the year ended December 31, 2023 results: EPS $8.80 to $8.95. Guidance initiated.
  - Period: the year ended December 31, 2023
  - EPS: $8.80 to $8.95
  - Guidance: initiated
  - Result: guidance update
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/40987/000004098723000005/0000040987-23-000005-index.htm
- Earnings Releases
  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.
  - Period: the full year ended December 31, 2022
  - Revenue: $22.1 billion
  - Net income: $1.2 billion
  - EPS: $8.31 per diluted share
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/40987/000004098723000005/0000040987-23-000005-index.htm
- Earnings Releases
  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.
  - Period: the fourth quarter ended December 31, 2022
  - Revenue: $5.5 billion
  - Net income: $252 million
  - EPS: $1.77 per diluted share
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/40987/000004098723000005/0000040987-23-000005-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.