GPC Q2 2016 Earnings Report — Genuine Parts Company Revenue & Financial Results | Market Cap Arena

Genuine Parts CompanyGPC

Q2 2016 Earnings

Reported July 29, 2016

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	Q2 2016	Q1 2016	Q2 2015	QoQ Change	YoY Change
Revenue	$3.9B	$3.7B	—	4.9%	—
Op. Income	$300M	$247M	—	21.7%	—
Gross Margin	29.9%	29.7%	—	0.2pp	—
Net Margin	4.9%	4.2%	—	0.7pp	—
EPS (Diluted)	$1.28	$1.05	—	21.9%	—
Free Cash Flow	$360M	$123M	—	192.1%	—

Revenue Flow

Item	Amount
REVENUE	$3.9B
Cost of Revenue	$2.7B
GROSS PROFIT	$1.2B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$829M
Other Expenses	$36M
Operating Expenses	$865M
Cost & Expenses	$3.6B
OPERATING INCOME	$300M
Interest Income	$0
Interest Expense	$5M
Other Income/Expenses	$0
INCOME BEFORE TAX	$300M
Income Tax Expense	$109M
Net Income from Continuing Ops	$191M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$191M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$191M
D&A	$36M
EBIT	$300M
EBITDA	$336M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$3.9B
Cost of Revenue	$2.7B
GROSS PROFIT	$1.2B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$829M
Other Expenses	$36M
Operating Expenses	$865M
Cost & Expenses	$3.6B
OPERATING INCOME	$300M
Interest Income	$0
Interest Expense	$5M
Other Income/Expenses	$0
INCOME BEFORE TAX	$300M
Income Tax Expense	$109M
Net Income from Continuing Ops	$191M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$191M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$191M
D&A	$36M
EBIT	$300M
EBITDA	$336M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$191M
Depreciation & Amortization	$36M
Stock-Based Compensation	$6M
Deferred Income Tax	$0
Other Non-Cash Items	-$2M
Change in Working Capital	$168M
OPERATING CASH FLOW	$398M
Capital Expenditure	-$38M
Acquisitions (Net)	-$235M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$0
NET CASH FROM INVESTING	-$273M
Net Debt Issuance	$75M
Common Stock Repurchased	-$73M
Common Dividends Paid	-$98M
Other Financing Activities	-$645.0K
NET CASH FROM FINANCING	-$97M
FREE CASH FLOW	$360M
Net Change in Cash	$28M

Balance Sheet

Item	Amount
Cash & Equivalents	$234M
Short-Term Investments	$0
Net Receivables	$2.0B
Inventory	$3.1B
Other Current Assets	$0
TOTAL CURRENT ASSETS	$5.9B
PP&E (Net)	$685M
Goodwill	$904M
Intangible Assets	$575M
Long-Term Investments	$0
Tax Assets	$112M
Other Non-Current Assets	$492M
TOTAL NON-CURRENT ASSETS	$2.8B
TOTAL ASSETS	$8.6B
Account Payables	$3.1B
Short-Term Debt	$525M
Deferred Revenue	$0
Other Current Liabilities	$679M
TOTAL CURRENT LIABILITIES	$4.4B
Long-Term Debt	$250M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$52M
Other Non-Current Liabilities	$676M
TOTAL NON-CURRENT LIABILITIES	$978M
TOTAL LIABILITIES	$5.4B
Common Stock	$149M
Additional Paid-In Capital	$50M
Retained Earnings	$3.9B
Treasury Stock	$0
Accum. Other Comp. Income	-$882M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$3.2B
Minority Interest	$13M
TOTAL EQUITY	$3.3B
TOTAL LIABILITIES & EQUITY	$8.6B
Total Debt	$775M
Net Debt	$541M