GPC FY 2018 Earnings Report — Genuine Parts Company Revenue & Financial Results | Market Cap Arena

Genuine Parts CompanyGPC

FY 2018 Earnings

Reported February 25, 2019

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2018	Prior Q	FY 2017	QoQ Change	YoY Change
Revenue	$16.8B	—	$16.3B	—	3.2%
Op. Income	$1.0B	—	$999M	—	3.7%
Gross Margin	32.8%	—	30.1%	—	2.7pp
Net Margin	4.8%	—	3.8%	—	1.0pp
EPS (Diluted)	$5.50	—	$4.18	—	31.6%
Free Cash Flow	$913M	—	$658M	—	38.7%

Revenue Flow

Item	Amount
REVENUE	$16.8B
Cost of Revenue	$11.3B
GROSS PROFIT	$5.5B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$4.2B
Other Expenses	$244M
Operating Expenses	$4.5B
Cost & Expenses	$15.8B
OPERATING INCOME	$1.0B
Interest Income	$0
Interest Expense	$102M
Other Income/Expenses	-$40M
INCOME BEFORE TAX	$995M
Income Tax Expense	$245M
Net Income from Continuing Ops	$750M
Net Income from Discontinued Ops	$61M
Other Adjustments	$0
NET INCOME	$810M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$810M
D&A	$228M
EBIT	$1.1B
EBITDA	$1.3B
EPS	$6
EPS Diluted	$6

Income Statement

Item	Amount
REVENUE	$16.8B
Cost of Revenue	$11.3B
GROSS PROFIT	$5.5B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$4.2B
Other Expenses	$244M
Operating Expenses	$4.5B
Cost & Expenses	$15.8B
OPERATING INCOME	$1.0B
Interest Income	$0
Interest Expense	$102M
Other Income/Expenses	-$40M
INCOME BEFORE TAX	$995M
Income Tax Expense	$245M
Net Income from Continuing Ops	$750M
Net Income from Discontinued Ops	$61M
Other Adjustments	$0
NET INCOME	$810M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$810M
D&A	$228M
EBIT	$1.1B
EBITDA	$1.3B
EPS	$6
EPS Diluted	$6

Cash Flow Statement

Item	Amount
Net Income	$810M
Depreciation & Amortization	$242M
Stock-Based Compensation	$21M
Deferred Income Tax	$4M
Other Non-Cash Items	-$3M
Change in Working Capital	$71M
OPERATING CASH FLOW	$1.1B
Capital Expenditure	-$232M
Acquisitions (Net)	-$278M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$15M
NET CASH FROM INVESTING	-$496M
Net Debt Issuance	-$60M
Common Stock Repurchased	-$92M
Common Dividends Paid	-$416M
Other Financing Activities	-$41M
NET CASH FROM FINANCING	-$609M
FREE CASH FLOW	$913M
Net Change in Cash	$19M

Balance Sheet

Item	Amount
Cash & Equivalents	$334M
Short-Term Investments	$0
Net Receivables	$2.5B
Inventory	$3.6B
Other Current Assets	$0
TOTAL CURRENT ASSETS	$7.6B
PP&E (Net)	$1.0B
Goodwill	$2.1B
Intangible Assets	$1.4B
Long-Term Investments	$0
Tax Assets	$30M
Other Non-Current Assets	$510M
TOTAL NON-CURRENT ASSETS	$5.1B
TOTAL ASSETS	$12.7B
Account Payables	$4.0B
Short-Term Debt	$711M
Deferred Revenue	$0
Other Current Liabilities	$1.1B
TOTAL CURRENT LIABILITIES	$5.9B
Long-Term Debt	$2.4B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$197M
Other Non-Current Liabilities	$681M
TOTAL NON-CURRENT LIABILITIES	$3.3B
TOTAL LIABILITIES	$9.2B
Common Stock	$146M
Additional Paid-In Capital	$78M
Retained Earnings	$4.3B
Treasury Stock	$0
Accum. Other Comp. Income	-$1.1B
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$3.5B
Minority Interest	$22M
TOTAL EQUITY	$3.5B
TOTAL LIABILITIES & EQUITY	$12.7B
Total Debt	$3.1B
Net Debt	$2.8B