Genuine Parts Company stock research
FY2025 Q1
Genuine Parts (GPC) Gross Margin — Quarter Ended Mar 31, 2025
Revenue increased while cost of revenue remained unchanged, resulting in higher gross profit and an improved gross margin compared to both the prior quarter and the same quarter last year.
Gross margin takeaway
Quarter ended Mar 31, 2025 · FY2025 Q1
Revenue increased while cost of revenue remained unchanged, resulting in higher gross profit and an improved gross margin compared to both the prior quarter and the same quarter last year.
- The primary driver of gross margin improvement was revenue growth without a corresponding increase in cost of revenue.
- Compared to the immediately preceding quarter, revenue and gross profit were higher, cost of revenue was stable, and gross margin improved. The same pattern held when compared to the same quarter one year earlier.
Gross margin snapshot
The selected quarter's reported revenue, gross profit, direct costs, and margin comparisons.
Gross margin
37.1%
Gross profit
$2.2B
Revenue
$5.9B
Cost of revenue
$3.7B
Quarter-over-quarter change
+1.2 pts
Year-over-year change
+1.2 pts
Quarterly gross margin trend
A four-quarter view of the revenue and direct-cost bridge behind gross margin.
| Period | Revenue | Gross profit | Cost of revenue | Gross margin |
|---|---|---|---|---|
| Jun 30, 2024 | $6.0B | $2.2B | $3.8B | 36.6% |
| Sep 30, 2024 | $6.0B | $2.2B | $3.8B | 36.8% |
| Dec 31, 2024 | $5.8B | $2.1B | $3.7B | 35.9% |
| Mar 31, 2025 | $5.9B | $2.2B | $3.7B | 37.1% |
Quarterly comparisons
Compare the selected margin with the preceding quarter and the same fiscal quarter one year earlier.
Previous-quarter change
Dec 31, 2024
+1.2 pts
Year-over-year change
Mar 31, 2024
+1.2 pts
What the margin says
Filing-constrained interpretation of margin direction, comparisons, and what to monitor next.
The primary driver of gross margin improvement was revenue growth without a corresponding increase in cost of revenue.
Compared to the immediately preceding quarter, revenue and gross profit were higher, cost of revenue was stable, and gross margin improved. The same pattern held when compared to the same quarter one year earlier.
Monitor whether cost of revenue remains stable as revenue continues to grow.