---
schema_version: "secwatch.filing_event.v1"
accession: "0000040987-23-000084"
form_type: "8-K"
ticker: "GPC"
cik: "0000040987"
company_name: "GENUINE PARTS CO"
filed_at: "2023-10-19T23:59:59+00:00"
generated_at: "2026-06-09T21:15:59.562084+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Genuine Parts Q3 diluted EPS $2.49, up 13.2% YoY; updates FY EPS guidance to $9.20-$9.30

## Summary
- Sales of $5.8B (+2.6% YoY); Automotive segment $3.6B (+3.9%), Industrial $2.2B (+0.6%).
- Net income $351M (+12.4% YoY); diluted EPS $2.49 (+13.2% GAAP, +11.7% adjusted).
- Industrial segment profit margin expanded 180 bps to 12.9%; U.S. Automotive below expectations.
- Updates 2023 diluted EPS guidance to $9.20-$9.30 (prev. $9.15-$9.30); reaffirms revenue growth 4%-6%.
- Generated $1.1B cash from ops in 9 months; free cash flow $733M; total liquidity $2.2B.

## SEC filing metadata
- accession: 0000040987-23-000084
- form_type: 8-K
- ticker: GPC
- cik: 0000040987
- company_name: GENUINE PARTS CO
- filed_at: 2023-10-19T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/40987/000004098723000084/0000040987-23-000084-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/40987/000004098723000084/gpc-20231019.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000040987-23-000084
- JSON: https://secwatch.observer/filing/0000040987-23-000084.json
- Plain text: https://secwatch.observer/filing/0000040987-23-000084.txt

## Key facts
- Earnings Releases
  GENUINE PARTS CO reported the third quarter ended September 30, 2023 results: revenue $5.8 billion, net income $351 million, EPS $2.49. Guidance reaffirmed.
  - Period: the third quarter ended September 30, 2023
  - Revenue: $5.8 billion
  - Net income: $351 million
  - EPS: $2.49
  - Guidance: reaffirmed
  - Result: reported results
  source text: --- www.genpt.com News Release October 19, 2023 FOR IMMEDIATE RELEASE Genuine Parts Company Reports Third Quarter 2023 Results and Updates Full-Year Outlook • Sales of $5.8 billion, Up 2.6% • Diluted EPS of $2.49, Up 13.2%, or Up 11.7% from Adjusted Diluted EPS in 2022 • Updates 2023 Outlook: ◦ Reaffirms Revenue Growth of 4% to 6% ◦ Updates Diluted EPS to
  evidence_url: https://www.sec.gov/Archives/edgar/data/40987/000004098723000084/0000040987-23-000084-index.htm

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