---
schema_version: "secwatch.filing_event.v1"
accession: "0000040987-24-000066"
form_type: "8-K"
ticker: "GPC"
cik: "0000040987"
company_name: "GENUINE PARTS CO"
filed_at: "2024-04-18T23:59:59+00:00"
generated_at: "2026-06-03T19:51:18.201435+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Genuine Parts Q1 adjusted EPS up 3.7% to $2.22; raises full-year adjusted EPS guidance

## Summary
- Revenue flat at $5.8B, up 0.3% YoY; Automotive sales +1.9%, Industrial sales -2.2%.
- GAAP diluted EPS $1.78, down 16.8%; adjusted diluted EPS $2.22, up 3.7%.
- Adjusted EPS guidance raised to $9.80-$9.95 from $9.70-$9.90; revenue growth reaffirmed at 3-5%.
- Free cash flow $203M in Q1; $133M in dividends paid, $38M in share repurchases.
- Industrial segment margin expanded 70 bps to 12.3%; Automotive margin up 10 bps to 7.6%.

## SEC filing metadata
- accession: 0000040987-24-000066
- form_type: 8-K
- ticker: GPC
- cik: 0000040987
- company_name: GENUINE PARTS CO
- filed_at: 2024-04-18T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/40987/000004098724000066/0000040987-24-000066-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/40987/000004098724000066/gpc-20240418.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000040987-24-000066
- JSON: https://secwatch.observer/filing/0000040987-24-000066.json
- Plain text: https://secwatch.observer/filing/0000040987-24-000066.txt

## Key facts
- Earnings Releases
  GENUINE PARTS CO reported first quarter ended March 31, 2024 results: revenue $5.8 billion, net income $249 million, EPS $1.78 per diluted earnings per share. Guidance raised.
  - Period: first quarter ended March 31, 2024
  - Revenue: $5.8 billion
  - Net income: $249 million
  - EPS: $1.78 per diluted earnings per share
  - Guidance: raised
  - Result: reported results
  source text: (EX-99.1) --- www.genpt.com News Release April 18, 2024 FOR IMMEDIATE RELEASE Genuine Parts Company Reports First Quarter 2024 Results and Updates Full-Year Outlook • Sales of $5.8 billion, Up 0.3% • Diluted EPS of $1.78, Down 16.8% • Adjusted Diluted EPS of $2.22, Up 3.7% • Updates 2024 Outlook: ◦ Reaffirms Revenue Growth of 3% to 5% ◦ Updates Adjusted Diluted EPS
  evidence_url: https://www.sec.gov/Archives/edgar/data/40987/000004098724000066/0000040987-24-000066-index.htm

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