Genuine Parts Co (GPC)

Debt-to-equity ratio

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 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
Long-term debt US$ in thousands
Total stockholders’ equity US$ in thousands 4,337,410 4,696,470 4,540,650 4,402,380 4,401,050 4,186,110 4,071,210 3,926,200 3,790,360 3,664,450 3,640,560 3,595,740 3,490,740 3,183,180 3,233,880 3,324,560 3,204,800 3,014,080 2,849,280 3,402,700
Debt-to-equity ratio 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

December 31, 2024 calculation

Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $4,337,410K
= 0.00

Genuine Parts Co has consistently maintained a debt-to-equity ratio of 0.00 across all reporting periods from March 31, 2020, to December 31, 2024. A debt-to-equity ratio of 0.00 indicates that the company has no debt in its capital structure relative to its equity.

This implies that Genuine Parts Co has been primarily funded by equity rather than debt during the specified time frame. A debt-to-equity ratio of 0.00 suggests a conservative financial structure, with lower financial risk associated with debt repayment obligations.

Overall, a stable debt-to-equity ratio of 0.00 reflects Genuine Parts Co's solid financial position and prudent capital management strategies, as the company appears to have minimal reliance on debt financing to support its operations and growth initiatives.