Genuine Parts (GPC) Revenue — Quarter Ended Sep 30, 2024
Revenue for the current quarter increased. It moved higher compared with the immediately preceding quarter and also compared with the same quarter one year ago.
Key takeaway
Quarter ended Sep 30, 2024 · FY2024 Q3
Revenue for the current quarter increased. It moved higher compared with the immediately preceding quarter and also compared with the same quarter one year ago.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$6B
Revenue reported for this quarter.
Quarter-over-quarter
+0.1%
Change from the immediately preceding quarter.
Year-over-year
+2.5%
Change from the comparable year-ago quarter.
Trailing four quarters
$23.3B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2023 | $5.6B | +1.1% |
| Mar 31, 2024 | $5.8B | +0.3% |
| Jun 30, 2024 | $6B | +0.8% |
| Sep 30, 2024 | $6B | +2.5% |
Revenue performance
The modest sequential improvement reflects stable operating conditions, while the year-over-year gain points to underlying business expansion.
Quarterly comparison
Compared with the prior quarter, revenue edged higher. Versus the same period last year, the increase was more pronounced.
What to watch
The company disclosed a planned pension plan termination that will result in a non-cash settlement charge in a future period.