Genuine Parts Co Stock Research

Market Summary

USD157.43-5.20

Market Closed

-3.20%

GPC Alerts

Big jump in Revenue (Y/Y)

GPC Stock Price

GPC RSI Chart

GPC Valuation

Market Cap

22.2B

Price/Earnings (Trailing)

18.76

Price/Sales (Trailing)

EV/EBITDA

10.8

Price/Free Cashflow

19.68

GPC Price/Sales (Trailing)

GPC Profitability

EBT Margin

7.12%

Return on Equity

31.2%

Return on Assets

7.17%

Free Cashflow Yield

5.08%

GPC Fundamentals

GPC Revenue

Revenue (TTM)

22.1B

Revenue Y/Y

452.37%

Revenue Q/Q

-2.67%

GPC Earnings

Earnings (TTM)

1.2B

Earnings Y/Y

-1.57%

Earnings Q/Q

-19.33%

Price Action

52 Week Range

124.03187.73

(Low)(High)

Last 7 days

-4.4%

Last 30 days

-9.7%

Last 90 days

-10.8%

Trailing 12 Months

24.3%

GPC Financial Health

Current Ratio

1.15

Debt/Equity

0.66

Debt/Cashflow

0.56

GPC Investor Care

Dividend Yield

2.27%

Dividend/Share (TTM)

3.58

Buy Backs (1Y)

0.87%

Diluted EPS (TTM)

8.31

Peers (Alternatives to Genuine Parts)

View All Peers In Detail

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
HD	287.0B	157.4B	-4.39%	-9.20%	16.78	1.82	4.13%	4.09%
LOW	116.7B	96.0B	-5.39%	-12.23%	17.45	1.22	0.77%	-18.59%
GPC	22.2B	22.1B	-9.70%	24.30%	18.76	1	20.62%	31.59%
LKQ	14.4B	12.8B	-4.26%	20.57%	12.55	1.13	-2.25%	5.32%
POOL	12.9B	6.2B	-7.37%	-27.41%	17.29	2.09	16.70%	15.04%
MID-CAP
M	5.7B	24.8B	-17.05%	-32.38%	3.69	0.23	10.06%	66.71%
FL	3.6B	8.8B	-9.83%	30.08%	8.47	0.41	-0.59%	-53.34%
KSS	3.6B	18.6B	-25.81%	-63.84%	5.09	0.19	-2.61%	-43.69%
JWN	2.5B	15.7B	-22.17%	-39.74%	7.62	0.16	12.53%	2863.64%
SMALL-CAP
FNKO	364.7M	1.3B	-28.10%	-55.31%	-45.39	0.28	28.51%	-118.30%
WEYS	231.7M	351.7M	-7.15%	5.12%	7.81	0.66	31.42%	93.61%
GRWG	204.5M	314.3M	-21.86%	-63.95%	-1.34	0.65	-20.20%	-930.89%
DIT	103.9M	2.2B	6.24%	0.10%	6.41	0.05	27.45%	4.78%
EDUC	27.0M	96.2M	-19.02%	-60.77%	-103.37	0.28	-39.62%	-102.57%
GNLN	2.2M	171.2M	-8.05%	-23.67%	-0.02	0.01	16.98%	-48.75%

Financials for Genuine Parts

* denotes actual numbers (not divided by Millions)
Income Statement (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q3
Revenue	0.0%	22,096	22,096	20,955	19,863	18,319
Gross Profit	3.8%	7,740	7,460	7,191	6,919	-
Operating Expenses	4.6%	6,126	5,855	5,719	5,695	-
S&GA Expenses	4.6%	5,758	5,506	5,386	5,371	-
EBITDA	0.4%	1,994	1,986	1,847	1,608	-
EBITDA Margin	0.4%	0.09*	0.09*	0.09*	0.08*	-
Earnings Before Taxes	-0.5%	1,573	1,581	1,462	1,240	-
EBT Margin	-0.5%	0.07*	0.07*	0.07*	0.06*	-
Interest Expenses	1.8%	74.00	73.00	69.00	64.00	-
Net Income	-0.3%	1,183	1,187	1,103	927	-
Net Income Margin	-0.3%	0.05*	0.05*	0.05*	0.05*	-
Free Cahsflow	0.4%	1,127	1,123	1,016	1,060	-

* denotes actual numbers (not divided by Millions)
Balance Sheet					(In Millions)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Assets	0.7%	16,495	16,377	16,238	16,273	14,352
Current Assets	-0.1%	8,817	8,823	8,526	8,427	7,756
Cash Equivalents	3.9%	653	629	519	611	715
Inventory	3.3%	4,442	4,301	4,296	4,211	3,890
Net PPE	6.8%	1,326	1,242	1,237	1,239	1,234
Goodwill	5.2%	2,588	2,461	2,538	2,535	1,915
Current Liabilities	2.5%	7,686	7,495	7,294	7,250	6,582
Long Term Debt	-	2,409	-	-	-	-
LT Debt, Current	15371.4%	252	2.00	14.00	120	-
LT Debt, Non Current	-4.8%	3,077	3,232	3,304	3,388	2,409
Shareholder's Equity	3.4%	3,790	3,664	3,654	3,608	3,491
Retained Earnings	1.7%	4,542	4,466	4,329	4,133	4,086
Additional Paid-In Capital	6.1%	140	132	123	126	120
Accumulated Depreciation	0.0%	1,370	1,370	1,387	1,340	-
Shares Outstanding	0.0%	141	141	141	142	142
Minority Interest	2.5%	14.00	14.00	13.00	12.00	13.00

Cashflow (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Cashflow From Operations	-1.9%	1,467	1,495	1,345	1,356	1,258
Share Based Compensation	17.0%	38.00	33.00	29.00	27.00	26.00
Cashflow From Investing	12.4%	-1,684	-1,923	-1,898	-1,886	-506
Cashflow From Financing	-4.7%	205	215	143	40.00	-989
Dividend Payments	2.1%	496	486	477	467	466
Buy Backs	0.1%	223	222	272	407	334

Risks for GPC

What is the probability of a big loss on GPC?

32.3%

Probability that Genuine Parts stock will be more than 20% underwater in next one year

19.6%

Probability that Genuine Parts stock will be more than 30% underwater in next one year.

18.5%

Probability that Genuine Parts stock will be more than 40% underwater in next one year.

*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does GPC drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Genuine Parts was unfortunately bought at previous high price.

Drawdowns

Returns for GPC

Cumulative Returns on GPC

10.4%

10-Year Cumulative Returns

9.9%

7-Year Cumulative Returns

15.6%

5-Year Cumulative Returns

49.5%

3-Year Cumulative Returns

What are the long-term rolling returns for GPC?

FIve years rolling returns for Genuine Parts.

Annualized Returns

Which funds bought or sold GPC recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
2023-03-15	B. Riley Wealth Advisors, Inc.	added	24.7	793,984	2,532,980	0.07%
2023-03-13	Claro Advisors LLC	new	-	223,567	223,567	0.07%
2023-03-10	MATHER GROUP, LLC.	reduced	-2.05	56,771	463,771	0.01%
2023-03-10	VICTORY CAPITAL MANAGEMENT INC	added	16.53	15,099,600	57,747,600	0.06%
2023-03-07	Great Lakes Retirement, Inc.	new	-	1,397,400	1,397,400	0.36%
2023-03-06	Rockefeller Capital Management L.P.	added	38.91	2,615,000	6,871,000	0.04%
2023-03-03	TIAA, FSB	reduced	-1.72	46,864	376,864	-%
2023-03-02	OLIVER LAGORE VANVALIN INVESTMENT GROUP	new	-	17,351	17,351	0.01%
2023-03-01	Regal Investment Advisors LLC	reduced	-32.23	-109,075	403,925	0.04%
2023-02-28	Bull Street Advisors, LLC	unchanged	-	144,000	1,032,000	0.54%

Latest Funds Activity

Are funds buying GPC calls or puts?

Calls

Puts

Are funds bullish or bearish(Calls - Puts)?

Net Call Options

No. of funds that own GPC

No. of Funds

GPC Alerts

Big jump in Revenue (Y/Y)

Genuine Parts News

Schedule 13G FIlings of Genuine Parts

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 09, 2023	vanguard group inc	12.57%	17,747,982	SC 13G/A
Feb 06, 2023	state street corp	5.00%	7,064,668	SC 13G/A
Jan 27, 2023	blackrock inc.	8.7%	12,230,289	SC 13G/A
Jan 25, 2023	blackrock inc.	8.7%	12,230,289	SC 13G/A
Feb 11, 2022	state street corp	5.69%	8,109,341	SC 13G/A
Feb 10, 2022	vanguard group inc	11.66%	16,607,062	SC 13G/A
Feb 01, 2022	blackrock inc.	8.9%	12,688,709	SC 13G/A
Feb 10, 2021	vanguard group inc	11.41%	16,465,371	SC 13G/A
Feb 10, 2021	state street corp	5.57%	8,043,539	SC 13G
Jan 29, 2021	blackrock inc.	8.6%	12,452,550	SC 13G/A

GPC Fair Value

Genuine Parts fair value in different scenarios

The table shows the Fair Value estimates for Genuine Parts for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.

Fair Value	Very Pessimistic	Pessimistic	Base Case	Optimistic	Very Optimistic
Very Low Inflation	78.29 -50.27%	97.63 -37.99%	147.71 -6.17%	185.92 18.10%	226.91 44.13%
Current Inflation	72.29 -54.08%	88.99 -43.47%	131.26 -16.62%	163.19 3.66%	197.49 25.45%
Very High Inflation	64.82 -58.83%	78.43 -50.18%	111.81 -28.98%	136.75 -13.14%	163.57 3.90%

Historical Genuine Parts Fair Value Estimates

Very Pessimistic Case

Pessimistic Case

Fair Value

Optimistic Case

Very Optimistic Case

Closing Stock Price

Recent SEC filings of Genuine Parts

View All Filings

Date Filed	Form Type	Document
Mar 03, 2023	DEFA14A	DEFA14A
Mar 03, 2023	DEF 14A	DEF 14A
Mar 03, 2023	ARS	ARS
Feb 23, 2023	8-K	Current Report
Feb 23, 2023	10-K	Annual Report
Feb 21, 2023	8-K	Current Report
Feb 09, 2023	SC 13G/A	Major Ownership Report
Feb 06, 2023	SC 13G/A	Major Ownership Report
Jan 27, 2023	SC 13G/A	Major Ownership Report
Jan 25, 2023	SC 13G/A	Major Ownership Report

Latest Insider Trading transactions for GPC

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
2022-11-01	Neill James R	acquired	418,325	99.72	4,195	evp and chro
2022-11-01	BREAUX RANDALL P	sold (taxes)	-411,275	178	-2,306	president-motion industries
2022-11-01	Neill James R	sold (taxes)	-567,153	178	-3,180	evp and chro
2022-11-01	BREAUX RANDALL P	acquired	304,645	99.72	3,055	president-motion industries
2022-11-01	Donahue Paul D	sold (taxes)	-2,064,220	178	-11,574	chairman and ceo
2022-11-01	Donahue Paul D	acquired	1,447,820	91.75	15,780	chairman and ceo
2022-05-31	Herron Kevin	acquired	461,205	99.72	4,625	president-us automotive group
2022-05-31	Herron Kevin	sold (taxes)	-540,766	137	-3,924	president-us automotive group
2022-05-02	Neill James R	acquired	-	-	2,023	evp and chro
2022-05-02	Nappier Herbert	acquired	-	-	4,538	evp finance and cfo

About Genuine Parts

Paul D. Donahue

www.genpt.com

52000

Genuine Parts Company distributes automotive replacement parts, and industrial parts and materials. It operates through Automotive Parts Group and Industrial Parts Group segments. The company distributes automotive replacement parts for hybrid and electric vehicles, trucks, SUVs, buses, motorcycles, recreational vehicles, farm vehicles, small engines, farm equipment, marine equipment, and heavy duty equipment; and accessory and supply items used by various automotive aftermarket customers, such as repair shops, service stations, fleet operators, automobile and truck dealers, leasing companies, bus and truck lines, mass merchandisers, farms, industrial concerns, and individuals. It also distributes industrial replacement parts and related supplies, such as bearings, mechanical and electrical power transmission products, industrial automation and robotics, hoses, hydraulic and pneumatic components, industrial and safety supplies, and material handling products for original equipment manufacturer, as well as maintenance, repair, and operation customers in equipment and machinery, food and beverage, forest product, primary metal, pulp and paper, mining, automotive, oil and gas, petrochemical, pharmaceutical, power generation, alternative energy, governments, transportation, ports, and other industries. In addition, the company provides various services and repairs comprising gearbox and fluid power and process pump assembly and repair, hydraulic drive shaft repair, electrical panel assembly and repair, hose and gasket manufacture and assembly, and other value-added services. It operates in the United States, Canada, France, the United Kingdom, Ireland, Germany, Poland, the Netherlands, Belgium, Australia, New Zealand, Mexico, Indonesia, and Singapore. The company was incorporated in 1928 and is headquartered in Atlanta, Georgia.

GPC Income Statement

2022-12-31

Consolidated Statements of Income - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Income Statement [Abstract]
Net sales	$ 22,095,973	$ 18,870,510	$ 16,537,433
Cost of goods sold	14,355,869	12,236,374	10,882,592
Gross profit	7,740,104	6,634,136	5,654,841
Operating expenses:
Selling, administrative and other expenses	5,758,295	5,162,506	4,386,739
Depreciation and amortization	347,819	290,971	272,842
Provision for doubtful accounts	19,791	17,739	23,577
Restructuring costs	0	0	50,019
Goodwill impairment charge	0	0	506,721
Total operating expenses	6,125,905	5,471,216	5,239,898
Non-operating expenses (income):
Interest expense, net	73,887	62,150	91,048
Other	(32,290)	(99,576)	(55,473)
Total non-operating expenses (income)	41,597	(37,426)	35,575
Income before income taxes	1,572,602	1,200,346	379,368
Income taxes	389,901	301,556	215,973
Net income from continuing operations	1,182,701	898,790	163,395
Net loss from discontinued operations	0	0	(192,497)
Net income (loss)	$ 1,182,701	$ 898,790	$ (29,102)
Basic earnings (loss) per share:
Continuing operations (in dollars per share)	$ 8.36	$ 6.27	$ 1.13
Discontinued operations (in dollars per share)	0	0	(1.33)
Basic earnings (loss) per share (in dollars per share)	8.36	6.27	(0.20)
Diluted earnings (loss) per share:
Continuing operations (in dollars per share)	8.31	6.23	1.13
Discontinued operations (in dollars per share)	0	0	(1.33)
Diluted earnings (loss) per share (in dollars per share)	$ 8.31	$ 6.23	$ (0.20)
Weighted average common shares outstanding (in shares)	141,468	143,435	144,474
Dilutive effect of stock options and nonvested restricted stock awards (in shares)	854	786	641
Weighted average common shares outstanding — assuming dilution (in shares)	142,322	144,221	145,115

GPC Balance Sheet

2022-12-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 653,463	$ 714,701
Trade accounts receivable, net	2,188,868	1,797,955
Merchandise inventories, net	4,441,649	3,889,919
Prepaid expenses and other current assets	1,532,759	1,353,847
Total current assets	8,816,739	7,756,422
Goodwill	2,588,113	1,915,307
Other intangible assets, net	1,812,510	1,406,401
Operating lease assets	1,104,678	1,053,689
Other assets	847,325	985,884
Property, plant and equipment, net	1,326,014	1,234,399
Total assets	16,495,379	14,352,102
Current liabilities:
Trade accounts payable	5,456,550	4,804,939
Current portion of debt	252,029	0
Other current liabilities	1,851,340	1,660,768
Dividends payable	126,191	115,876
Total current liabilities	7,686,110	6,581,583
Long-term debt	3,076,794	2,409,363
Operating lease liabilities	836,019	789,175
Pension and other post-retirement benefit liabilities	197,879	265,134
Deferred tax liabilities	391,163	280,778
Other long-term liabilities	502,967	522,779
Equity:
Preferred stock, par value $1 per share — authorized 10,000,000 shares; none issued	0	0
Common stock, par value $1 per share - authorized 450,000,000 shares; issued and outstanding - 2022 - 140,941,649 shares and 2021 - 142,180,683 shares	140,941	142,181
Additional paid-in capital	140,324	119,975
Accumulated other comprehensive loss	(1,032,542)	(857,739)
Retained earnings	4,541,640	4,086,325
Total parent equity	3,790,363	3,490,742
Noncontrolling interests in subsidiaries	14,084	12,548
Total equity	3,804,447	3,503,290
Total liabilities and equity	$ 16,495,379	$ 14,352,102