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GENUINE PARTS CO (GPC)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsJun-30-23Dec-31-22Jun-30-22Mar-31-22Dec-31-21Sep-30-21Jun-30-21Mar-31-21
   10-Q8-K10-Q10-Q10-K10-Q10-Q10-Q
Net sales    20,519.119,700.418,870.518,318.917,870.116,909.6
            Net sales growth    14.8%16.5%14.1%10.6%6.9%-2.6%
Cost of goods sold    13,328.112,781.212,236.411,930.111,664.011,102.1
    Gross profit    7,191.06,919.36,634.16,388.86,206.15,807.5
            Gross margin    35.0%35.1%35.2%34.9%34.7%34.3%
   
Operating expenses:          
Selling, administrative and other expenses    5,386.05,371.35,162.55,015.54,816.94,439.2
Depreciation and amortization    318.0306.0291.0288.1285.1277.9
Provision for doubtful accounts    15.217.317.714.415.722.0
    Total operating expenses    5,719.25,694.75,471.25,329.05,139.75,292.8
   
Non-operating expense (income):          
Interest expense, net    -67.1-62.2-60.7-67.5-78.3-88.4
Other    -57.5-77.8-98.1-87.7-90.6-78.4
Total non-operating expense (income)    -44.0-93.4-135.5-107.9-102.9-56.4
    Income before income taxes    1,462.21,240.21,200.31,080.01,078.7504.6
Income taxes    359.2313.3301.6265.6259.9245.9
    Net income    1,103.0926.9898.8814.0812.952.1
   
Dividends declared per common share (usd per share)    $3.42$3.34$3.26$3.24$3.21$3.19
   
Basic earnings per share (usd per share)    $7.76$6.49$6.27$5.66$5.64$0.37
Diluted earnings per share (usd per share)    $7.72$6.46$6.24$5.64$5.62$0.35

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