Genuine Parts Co (GPC)
Profitability ratios
Return on sales
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 36.01% | 35.68% | 35.35% | 34.92% | 34.82% | 34.83% | 34.96% | 35.21% | 35.25% | 34.97% | 34.85% | 34.49% | 33.40% | 33.52% | 32.17% | 31.28% | 31.06% | 28.49% | 28.82% | 29.20% |
| Operating profit margin | 7.59% | 7.27% | 7.15% | 7.46% | 7.26% | 13.82% | 13.75% | 13.13% | 13.38% | 12.44% | 12.80% | 10.26% | 9.73% | 9.90% | 9.43% | 12.08% | 12.28% | 7.40% | 7.59% | 7.65% |
| Pretax margin | 7.57% | 7.20% | 7.04% | 7.27% | 7.07% | 7.38% | 7.11% | 6.31% | 6.38% | 5.91% | 6.02% | 1.77% | 1.10% | -0.04% | -0.00% | 4.29% | 4.45% | 5.44% | 5.48% | 5.53% |
| Net profit margin | 5.72% | 5.43% | 5.29% | 5.47% | 5.32% | 5.54% | 5.36% | 4.72% | 4.78% | 4.46% | 4.56% | 0.31% | -0.17% | -1.13% | -1.09% | 3.19% | 3.29% | 4.17% | 4.19% | 4.23% |
Genuine Parts Co. has maintained relatively stable gross profit margins over the past eight quarters, with figures ranging from 35.03% to 35.90%. This indicates that the company has been effectively managing its production costs and pricing strategies.
In terms of operating profit margins, the company has shown some variability, with figures fluctuating between 6.22% and 7.57%. It is important to note that operating profit margins reflect the efficiency of the company's operations in generating profits before interest and taxes.
The pretax margin, which represents the company's profitability before accounting for taxes, has also shown fluctuations, ranging from 6.30% to 7.55% over the eight quarters. This metric provides insight into the company's ability to generate profits from its core business activities.
Net profit margins, which indicate the profitability of the company after all expenses have been deducted, have shown a similar trend of variability, ranging from 4.71% to 5.70%. This metric is crucial for assessing the overall profitability and financial health of Genuine Parts Co.
Overall, while the company has shown stability in its gross profit margins, there have been fluctuations in operating profit margins, pretax margins, and net profit margins over the past eight quarters. Further analysis would be needed to understand the underlying factors driving these fluctuations and to assess the company's overall profitability performance.
Return on investment
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 9.72% | 9.85% | 9.68% | 10.02% | 9.79% | 18.07% | 17.41% | 15.85% | 17.55% | 16.26% | 16.18% | 12.39% | 12.26% | 12.46% | 12.52% | 15.65% | 15.82% | 9.77% | 9.79% | 10.20% |
| Return on assets (ROA) | 7.33% | 7.35% | 7.16% | 7.34% | 7.17% | 7.25% | 6.79% | 5.70% | 6.26% | 5.82% | 5.77% | 0.37% | -0.22% | -1.42% | -1.44% | 4.13% | 4.24% | 5.50% | 5.41% | 5.64% |
| Return on total capital | 22.72% | 24.14% | 23.82% | 24.53% | 23.98% | 23.98% | 22.04% | 18.67% | 21.40% | 20.41% | 20.17% | 6.68% | 4.86% | 1.45% | 1.62% | 14.53% | 14.36% | 17.73% | 17.33% | 19.18% |
| Return on equity (ROE) | 29.91% | 29.90% | 29.79% | 31.60% | 31.20% | 32.38% | 30.30% | 25.78% | 25.75% | 25.57% | 25.14% | 1.57% | -0.91% | -6.35% | -6.72% | 17.56% | 16.90% | 21.93% | 21.60% | 22.36% |
Genuine Parts Co. has shown consistent profitability over the quarters analyzed, as evidenced by its profitability ratios. The operating return on assets (Operating ROA) has ranged from 9.06% to 10.02% in the past eight quarters, with an average of around 9.60%. This indicates the company's ability to generate operating income relative to its total assets.
The return on assets (ROA) has also remained relatively stable, fluctuating between 7.16% to 7.35% during the same period. This metric reflects Genuine Parts Co.'s overall ability to generate profit from its assets, which has been maintained at a satisfactory level.
Moreover, the return on total capital has shown an upward trend, with values ranging from 17.24% to 23.26% in the past two years. This indicates the company's effectiveness in utilizing both debt and equity capital to generate returns for its investors.
The return on equity (ROE) has been consistently strong, ranging from 25.78% to 31.60%. This figure highlights Genuine Parts Co.'s ability to generate profit for its shareholders from the equity invested in the company.
Overall, Genuine Parts Co. demonstrates strong profitability metrics, showcasing its efficiency in generating returns on assets, capital, and equity over the analyzed quarters.