earnings
confidence high
sentiment negative
materiality 0.75
GPC reports Q4 adj. EPS $1.61, down from prior-year GAAP; dividend up 3%; 2025 guidance issued
GENUINE PARTS CO
2024-FY EPS reported
$6.47
revenue$23,486,569,000
- Q4 2024 revenue $5.8B (+3.3% YoY); GAAP diluted EPS $0.96 vs $2.26; adjusted diluted EPS $1.61.
- Full-year 2024 revenue $23.5B (+1.7%); adjusted diluted EPS $8.16, down 12.5% from $9.33 in 2023.
- Dividend increased 3% to $1.03/quarter ($4.12 annualized), payable April 2, 2025 to shareholders of record March 7, 2025; 69th consecutive year of increases.
- 2025 outlook: total sales growth 2%-4%; adjusted diluted EPS $7.75-$8.25; operating cash flow $1.2B-$1.4B; free cash flow $800M-$1.0B.
- Global restructuring to continue with $150M-$180M costs in 2025, targeting $100M-$125M savings; cumulative savings of ~$200M by 2026.