GENUINE PARTS CO
For the period ended Mar 31, 2025. Filed Apr 22, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2025 · Filed Apr 22, 2025
GPC$124.71-0.7%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Income
| Three Months Ended March 31, | ||
|---|---|---|
| (in thousands, except per share data) | 2025 | 2024 |
| Net sales | $5,866,069 | $5,783,631 |
| Cost of goods sold | 3,692,385 | 3,708,976 |
| Gross profit | 2,173,684 | 2,074,655 |
| Operating expenses: | ||
| Selling, administrative and other expenses | 1,709,679 | 1,574,927 |
| Depreciation and amortization | 115,435 | 90,610 |
| Provision for doubtful accounts | 5,855 | 6,211 |
| Restructuring and other costs | 54,770 | 83,042 |
| Total operating expenses | 1,885,739 | 1,754,790 |
| Non-operating expenses (income): | ||
| Interest expense, net | 37,216 | 17,690 |
| Other | (908) | (23,006) |
| Total non-operating expenses (income) | 36,308 | (5,316) |
| Income before income taxes | 251,637 | 325,181 |
| Income taxes | 57,245 | 76,287 |
| Net income | $194,392 | $248,894 |
| Basic earnings per share | $1.40 | $1.79 |
| Diluted earnings per share | $1.40 | $1.78 |
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