NYSE$GPC
Genuine Parts Co · Q4 2024 earnings
Q4 2024 earnings · · Before market open · Investor relations
Briefing
Genuine Parts reported modest revenue growth but faced a significant decline in profitability due to restructuring costs and inventory write-downs.
Genuine Parts Company saw Q4 revenue rise by 3.3% YoY, reaching $5.77 billion, primarily driven by acquisitions. However, net income fell sharply by 57.98% due to restructuring and inventory write-downs. Adjusted EPS declined by 28.76%. The company continues restructuring efforts into 2025 while targeting operational efficiency improvements.
- Q4 revenue increased by 3.3% YoY, reaching $5.77 billion.
- Net income dropped 57.98% YoY due to restructuring costs and inventory rebranding.
- Adjusted EPS fell 28.76% YoY to $1.61.
- The company expects 2025 revenue growth of 2-4% with cost-saving initiatives.
Headline financials
Revenue & EPS history
Genuine Parts · Revenue · Quarterly
$5.77B
Revenue by segment
Genuine Parts · $5.82B total across 2 segments · Q3 2023
- Total Automotive$3.63B+3.9%62.3%
- Industrial$2.2B+0.6%37.7%
Forward guidance
Genuine Parts expects revenue growth of 2-4% in 2025, with cost-saving initiatives aimed at improving profitability.
Tailwinds
- Revenue growth expected between 2-4% in 2025.
- Adjusted EPS forecasted between $7.75 and $8.25.
- Free cash flow projected between $800M and $1B.
- Additional restructuring cost savings of $100M-$125M anticipated in 2025.
- Dividend increased by 3% to $4.12 per share annually.
Headwinds
- Restructuring costs expected to continue into 2025.
- Macroeconomic conditions and softer end-market demand may impact results.
- Potential impact of geopolitical risks on supply chains and operations.
- Higher costs associated with global restructuring and store integration.
- Uncertainty regarding the one-time, non-cash charge related to the pension plan settlement.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2024
-1.0%
Avg return
Earnings day
-1.4%
Avg return
5 days after
-2.0%
Avg return
30 days after
48%
35 / 73 earnings
Positive
+12.7%
Q1 2024
Best reaction
-18.8%
Q3 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +1.3% | -3.4% | -14.7% | |
| Q4 2025 | -14.5% | -19.8% | -32.7% | |
| Q3 2025 | +2.1% | -0.7% | -5.1% | |
| Q2 2025 | -0.2% | +0.5% | +2.3% | |
| Q1 2025 | +2.8% | +4.3% | +13.5% | |
| Q4 2024 | -2.6% | -2.6% | -3.3% | |
| Q3 2024 | -18.8% | -20.2% | -14.3% | |
| Q2 2024 | -1.9% | +2.6% | +2.2% | |
| Q1 2024 | +12.7% | +13.4% | +6.1% | |
| Q4 2023 | -0.8% | +0.2% | +6.7% | |
| Q3 2023 | -13.5% | -13.4% | -7.6% | |
| Q2 2023 | -7.0% | -6.1% | -7.9% | |
| Q1 2023 | +0.0% | -0.8% | -1.0% | |
| Q4 2022 | +2.8% | +1.7% | -9.8% | |
| Q3 2022 | +2.1% | +8.0% | +13.7% | |
| Q2 2022 | +4.8% | +7.1% | +9.6% | |
| Q1 2022 | -2.9% | -2.7% | -6.6% | |
| Q4 2021 | -2.4% | -4.9% | -0.7% | |
| Q3 2021 | +2.6% | +3.8% | +4.3% | |
| Q2 2021 | -0.1% | -0.2% | -4.1% | |
| Q1 2021 | +0.9% | +1.6% | +8.4% | |
| Q4 2020 | -0.8% | +2.6% | +15.1% | |
| Q3 2020 | -3.2% | -8.0% | -5.0% | |
| Q2 2020 | -1.6% | -0.5% | +3.5% | |
| Q1 2020 | -1.7% | +1.3% | +23.0% | |
| Q4 2019 | +2.9% | -1.1% | -42.8% | |
| Q3 2019 | +3.7% | +5.7% | +7.3% | |
| Q2 2019 | -6.9% | -5.1% | -12.2% | |
| Q1 2019 | -7.9% | -6.5% | -12.9% | |
| Q4 2018 | +1.4% | +3.0% | +1.4% | |
| Q3 2018 | +6.5% | +5.7% | +7.6% | |
| Q2 2018 | +3.6% | +3.4% | +4.5% | |
| Q1 2018 | -4.0% | -3.2% | +1.1% | |
| Q4 2017 | -6.5% | -5.3% | -11.9% | |
| Q3 2017 | -9.6% | -9.3% | -12.1% | |
| Q2 2017 | -0.3% | +0.4% | -1.6% | |
| Q1 2017 | +3.1% | +3.8% | +2.2% | |
| Q4 2016 | -4.6% | -4.4% | -7.2% | |
| Q3 2016 | -7.1% | -5.5% | -1.9% | |
| Q2 2016 | -1.9% | -2.0% | +1.4% | |
| Q1 2016 | -3.3% | — | — | |
| Q4 2015 | +2.5% | — | — | |
| Q3 2015 | +2.9% | — | — | |
| Q2 2015 | -3.1% | — | — | |
| Q1 2015 | +0.5% | — | — | |
| Q4 2014 | -1.5% | — | — | |
| Q3 2014 | +4.7% | — | — | |
| Q2 2014 | -1.5% | — | — | |
| Q1 2014 | -1.5% | — | — | |
| Q4 2013 | +0.6% | — | — | |
| Q3 2013 | -3.3% | — | — | |
| Q2 2013 | -2.1% | — | — | |
| Q1 2013 | -3.2% | — | — | |
| Q4 2012 | -3.4% | — | — | |
| Q3 2012 | -0.8% | — | — | |
| Q2 2012 | +1.6% | — | — | |
| Q1 2012 | -1.2% | — | — | |
| Q4 2011 | +0.6% | — | — | |
| Q3 2011 | +0.5% | — | — | |
| Q2 2011 | -2.8% | — | — | |
| Q1 2011 | +1.1% | — | — | |
| Q4 2010 | +1.8% | — | — | |
| Q3 2010 | +1.3% | — | — | |
| Q2 2010 | -0.2% | — | — | |
| Q1 2009 | -4.9% | — | — | |
| Q1 2010 | +0.2% | — | — | |
| Q4 2007 | +1.3% | — | — | |
| Q4 2009 | +1.3% | — | — | |
| Q3 2008 | +1.6% | — | — | |
| Q3 2009 | +1.6% | — | — | |
| Q2 2009 | +1.9% | — | — | |
| Q4 2008 | +1.9% | — | — | |
| Q2 2008 | +1.9% | — | — |
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