# Genuine Parts Company (GPC) — Stock CV

Genuine Parts Company is a $17.5B industrial company. Revenue grew 5.5% over the last year, it keeps 0¢ of every dollar of sales as profit, and its net debt equals ~5.2 years of free cash flow. It trades at 534.4× earnings — near the highest of its own history.

> Genuine Parts sells aftermarket automotive parts (60% of sales) and industrial products (40% of sales) in the United States and internationally. The automotive segment primarily acts as a distributor to its network of 9,800 global retail locations, of which about two-thirds are independently owned and operated.

## Identity

- **Ticker**: GPC
- **Sector**: Industrials
- **Industry**: Wholesale-Motor Vehicle Supplies & New Parts
- **Headquarters**: ATLANTA, GA
- **Employees**: 65 000
- **Website**: https://www.genpt.com
- **Market cap**: $17.5B
- **Last price**: $127.02
- **Financial profile**: Mixed

## Vitals (TTM)

- **Revenue**: $25.1B
- **Net income**: $32.8M
- **Free cash flow**: $759M
- **Net debt**: $3.96B
- **P/E**: 534.4
- **Revenue growth (YoY)**: 5.5%

## Skills (profile scores, 0–100)

| Pillar | Score |
|---|---|
| Valuation | 42 |
| Growth | 37 |
| Profitability | 21 |
| Health | 37 |
| Quality | 90 |
| Moat | 63 |

## Qualifications (beginner checklist) — 7 of 11 passed

- [x] Revenue growing — +5.5% YoY
- [x] Profitable — $32.8M TTM
- [ ] Profit growing — -61.5% YoY
- [x] Generates cash — $759M TTM
- [ ] Debt under control — ~5.2y of cash flow to repay
- [x] Established company — $17.5B market cap
- [x] Not printing shares — -5.2% shares over ~5y
- [x] Proven track record — 9/10 profitable years
- [ ] Financially stable — Altman Z 1.8 — distress
- [x] Pays a dividend — yield 3.28%
- [ ] Valuation not extreme — P/E 534.4

## Experience (career milestones)

- **FY2023** — Best year on record: $1.32B net income
- **FY2016** — First recorded profitable year: $687M net income
- **FY2016** — Revenue already above $10B: $15.3B in first reported year
- **FY2016** — Positive free cash flow every year since: 10-year streak

## Strengths

- None stand out in the data.

## Watch-outs

- Altman Z-Score 1.77 — elevated financial-distress risk
- Net debt would take ~8.0 years of free cash flow to repay
- Thin interest coverage (1.3×)
- Loss-making in 1 of the recent years
- Net debt equals ~5.2 years of free cash flow

## Track record

| Year | Revenue | Net income | Free cash flow |
|---|---|---|---|
| FY2021 | $18.9B | $899M | $992M |
| FY2022 | $22.1B | $1.18B | $1.13B |
| FY2023 | $23.1B | $1.32B | $923M |
| FY2024 | $23.5B | $904M | $684M |
| FY2025 | $24.3B | $65.9M | $421M |

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Source: https://stockcv.com/GPC — derived from company filings; may be delayed or incomplete. Information, not investment advice.
