Sector: Consumer Cyclicals | Industry: Auto, Truck & Motorcycle Parts |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 2999 Wildwood Parkway ATLANTA GA 30339 |
Tel: | 1-678-9345000 |
Website: | https://www.genpt.com |
IR: | See website |
Key People | ||
Paul D. Donahue Chairman of the Board, Chief Executive Officer | William P. Stengel President, Chief Operating Officer | Herbert C. Nappier Executive Vice President, Chief Financial Officer |
Randall P. Breaux Group President, GPC North America | James F. Howe President - Motion | Naveen Krishna Executive Vice President, Chief Information and Digital Officer | Christopher T. Galla Senior Vice President, General Counsel, Company Secretary |
Business Overview |
Genuine Parts Company is a global service company specializing in the distribution of automotive and industrial replacement parts. The Company operates through two segments: Automotive Parts Group (Automotive) and Industrial Parts Group (Industrial). Automotive segment distributes replacement parts (other than body parts) for substantially all makes and models of automobiles, trucks, and other vehicles. Industrial segment distributes a wide variety of industrial bearings, mechanical and fluid power transmission equipment, including hydraulic and pneumatic products, material handling components and related parts and supplies. The Company distributes automotive parts, accessories and solutions in North America, Europe and Australasia. Its automotive businesses offer complete inventory, cataloging, marketing, training and other programs for the aftermarket in each of these regions. Its automotive network includes installers, fleet, government, and major accounts. |
Financial Overview |
For the three months ended 31 March 2024, Genuine Parts Co revenues increased less than 1% to $5.78B. Net income decreased 18% to $248.9M. Revenues reflect Automotive segment increase of 2% to $3.57B, Europe segment increase of 9% to $976.8M, also reflect Industrial segment decrease of 2% to $2.21B, North America segment decrease of 1% to $4.28B, Australasia segment decrease of 1% to $529.8M. Dividend per share increased from $0.95 to $1.00. |
Employees: | 60,000 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $24,122M as of Mar 31, 2024 |
Annual revenue (TTM): | $23,109M as of Mar 31, 2024 |
EBITDA (TTM): | $2,095M as of Mar 31, 2024 |
Net annual income (TTM): | $1,261M as of Mar 31, 2024 |
Free cash flow (TTM): | $483.03M as of Mar 31, 2024 |
Net Debt Last Fiscal Year: | $2,825M as of Mar 31, 2024 |
Shares outstanding: | 139,298,651 as of Apr 15, 2024 |
Index Membership: | S&P 500 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |