Genuine Parts Company (GPC) reported its fourth-quarter and full-year 2024 financial results, highlighting steady performance and continued shareholder returns.
For the fourth quarter, the company generated $5.8 billion in sales, with diluted earnings per share (EPS) of $0.96 and adjusted diluted EPS of $1.61.
Full-year 2024 results showed total sales of $23.5 billion, with diluted EPS at $6.47 and adjusted diluted EPS at $8.16. Cash from operations reached $1.3 billion, with free cash flow of $684 million. GPC returned $705 million to shareholders through cash dividends and share repurchases.
Looking ahead to 2025, the company expects revenue growth between 2% and 4%, with adjusted diluted EPS projected between $7.75 and $8.25. Additionally, GPC announced a 3% dividend increase, marking the 69th consecutive year of dividend growth.
2025-02-18
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