Genuine Parts Q4 sales rose 3.3% to $5.8 billion as diluted EPS fell to $0.96
Genuine Parts reported fourth-quarter and full-year 2024 results on February 18, 2025. Sales rose in both periods, but diluted earnings per share fell sharply, weighed by restructuring costs and a $62 million inventory write-down, and the company issued 2025 guidance and raised its quarterly dividend 3%.
Key points
- Q4 2024 GAAP diluted EPS was $0.96, versus $2.26 a year earlier; adjusted diluted EPS was $1.61 versus $2.26 in the prior-year quarter.
- Full-year 2024 sales were $23.5 billion, up 1.7%; GAAP diluted EPS was $6.47 versus $9.33, and adjusted diluted EPS was $8.16, down 12.5%.
- 2025 guidance calls for adjusted diluted EPS of $7.75 to $8.25 and total sales growth of 2% to 4%; GAAP EPS guidance excludes a pension settlement charge expected in late 2025 or early 2026.
- Quarterly dividend raised 3% to $1.03 per share, payable April 2, 2025 to shareholders of record March 7, 2025.
The filing
Written by AI on Nov 8, 2026, 1:11 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 18, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.