GPC Q2 2018 Earnings Report — Genuine Parts Company Revenue & Financial Results | Market Cap Arena

Genuine Parts CompanyGPC

Q2 2018 Earnings

Reported July 25, 2018

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	Q2 2018	Q1 2018	Q2 2017	QoQ Change	YoY Change
Revenue	$4.8B	$4.6B	$4.1B	5.1%	17.6%
Op. Income	$311M	$241M	$291M	29.2%	7.0%
Gross Margin	31.6%	31.3%	30.2%	0.2pp	1.3pp
Net Margin	4.7%	3.9%	4.6%	0.9pp	0.1pp
EPS (Diluted)	$1.54	$1.20	$1.29	28.3%	19.4%
Free Cash Flow	$283M	$107M	$214M	165.3%	32.2%

Revenue Flow

Item	Amount
REVENUE	$4.8B
Cost of Revenue	$3.3B
GROSS PROFIT	$1.5B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$1.1B
Other Expenses	$62M
Operating Expenses	$1.2B
Cost & Expenses	$4.5B
OPERATING INCOME	$311M
Interest Income	$0
Interest Expense	$26M
Other Income/Expenses	-$11M
INCOME BEFORE TAX	$300M
Income Tax Expense	$73M
Net Income from Continuing Ops	$227M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$227M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$227M
D&A	$58M
EBIT	$327M
EBITDA	$385M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$4.8B
Cost of Revenue	$3.3B
GROSS PROFIT	$1.5B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$1.1B
Other Expenses	$62M
Operating Expenses	$1.2B
Cost & Expenses	$4.5B
OPERATING INCOME	$311M
Interest Income	$0
Interest Expense	$26M
Other Income/Expenses	-$11M
INCOME BEFORE TAX	$300M
Income Tax Expense	$73M
Net Income from Continuing Ops	$227M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$227M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$227M
D&A	$58M
EBIT	$327M
EBITDA	$385M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$227M
Depreciation & Amortization	$58M
Stock-Based Compensation	$5M
Deferred Income Tax	$0
Other Non-Cash Items	-$82.0K
Change in Working Capital	$26M
OPERATING CASH FLOW	$317M
Capital Expenditure	-$34M
Acquisitions (Net)	-$44M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$0
NET CASH FROM INVESTING	-$77M
Net Debt Issuance	-$94M
Common Stock Repurchased	$0
Common Dividends Paid	-$106M
Other Financing Activities	-$675.0K
NET CASH FROM FINANCING	-$200M
FREE CASH FLOW	$283M
Net Change in Cash	$29M

Balance Sheet

Item	Amount
Cash & Equivalents	$355M
Short-Term Investments	$0
Net Receivables	$2.7B
Inventory	$3.5B
Other Current Assets	$0
TOTAL CURRENT ASSETS	$7.5B
PP&E (Net)	$919M
Goodwill	$2.1B
Intangible Assets	$1.4B
Long-Term Investments	$0
Tax Assets	$25M
Other Non-Current Assets	$600M
TOTAL NON-CURRENT ASSETS	$5.0B
TOTAL ASSETS	$12.6B
Account Payables	$3.8B
Short-Term Debt	$686M
Deferred Revenue	$0
Other Current Liabilities	$1.0B
TOTAL CURRENT LIABILITIES	$5.7B
Long-Term Debt	$2.5B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$175M
Other Non-Current Liabilities	$682M
TOTAL NON-CURRENT LIABILITIES	$3.3B
TOTAL LIABILITIES	$9.0B
Common Stock	$147M
Additional Paid-In Capital	$72M
Retained Earnings	$4.2B
Treasury Stock	$0
Accum. Other Comp. Income	-$943M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$3.5B
Minority Interest	$50M
TOTAL EQUITY	$3.6B
TOTAL LIABILITIES & EQUITY	$12.6B
Total Debt	$3.2B
Net Debt	$2.8B