GENUINE PARTS CO (GPC) [Rocket]

In millions, except per share items	Dec-31-22	Dec-31-21	Dec-31-20	Dec-31-19	Dec-31-18	Dec-31-17	Dec-31-16	Dec-31-15
	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K
Revenues:
Industrial Parts	16,979.6	13,960.2	12,437.3	13,929.4	13,777.5	14,890.3
Automotive	13,666.6	12,544.1	10,860.7	10,993.9	10,533.0	8,583.3		8,015.1
Industrial	8,429.3	6,326.4	5,676.7	6,528.3	6,298.6	5,805.0		4,646.7
Business Products						1,920.5		1,937.6
Other								680.6
Total revenues [+]	22,096.0	18,870.5	16,537.4	17,522.2	16,831.6	16,308.8	15,339.7	15,280.0
Products	22,096.0	18,870.5	16,537.4	17,522.2	16,831.6	16,308.8		15,280.0
Revenue growth [+]	17.1%	14.1%	-5.6%	4.1%	3.2%	6.3%	0.4%	-0.4%
Industrial Parts	21.6%	12.2%	-10.7%	1.1%	-7.5%
Automotive	8.9%	15.5%	-1.2%	4.4%	22.7%			-1.0%
Industrial	33.2%	11.4%	-13.0%	3.6%	8.5%			-2.6%
Cost of goods sold [+]	14,355.9	12,236.4	10,882.6	11,705.3	11,311.9	11,402.4	10,740.1	10,724.2
Non-recurring costs				42.8
Gross profit	7,740.1	6,634.1	5,654.8	5,816.9	5,519.8	4,906.4	4,599.6	4,555.9
Gross margin	35.0%	35.2%	34.2%	33.2%	32.8%	30.1%	30.0%	29.8%
Selling, general and administrative	5,758.3	5,162.5	4,386.7	4,577.6	4,241.2	3,726.2	3,392.0	3,277.4
Other operating expenses	19.8	17.7	23.6	-28.9	15.9	13.9	11.5	12.4
EBITDA [+]	1,962.0	1,453.9	1,244.5	1,268.2	1,262.6	1,166.2	1,196.1	1,266.1
EBITDA growth	34.9%	16.8%	-1.9%	0.4%	8.3%	-2.5%	-5.5%	-0.5%
EBITDA margin	8.9%	7.7%	7.5%	7.2%	7.5%	7.2%	7.8%	8.3%
Depreciation	190.4	187.7	177.8	165.1	144.1	115.7	106.6	106.8
EBITA	1,771.6	1,266.2	1,066.7	1,103.1	1,118.5	1,050.5	1,089.5	1,159.3
EBITA margin	8.0%	6.7%	6.5%	6.3%	6.6%	6.4%	7.1%	7.6%
Amortization of intangibles	157.4	103.3	95.0	92.2	83.5	52.0	40.9	34.9
EBIT [+]	1,614.2	1,162.9	971.7	1,010.9	1,035.0	998.5	1,048.6	1,124.4
EBIT growth	38.8%	19.7%	-3.9%	-2.3%	3.7%	-4.8%	-6.7%	0.0%
EBIT margin	7.3%	6.2%	5.9%	5.8%	6.1%	6.1%	6.8%	7.4%
Non-recurring items [+]			556.7	142.8
Asset impairment			506.7
Non-recurring expenses in COGS				42.8
Business exit costs			50.0	100.0
Interest expense	73.9	62.2	91.0	91.4	101.8	41.5	21.1	21.7
Interest expense	73.9	62.2	91.0	91.4	101.8	41.5	21.1	21.7
Other income (expense), net	32.3	99.6	55.5	82.5	61.4	52.2	46.8	20.9
Pre-tax income	1,572.6	1,200.3	379.4	859.3	994.6	1,009.3	1,074.3	1,123.7
Income taxes	389.9	301.6	216.0	212.8	245.1	392.5	387.1	418.0
Tax rate	24.8%	25.1%	56.9%	24.8%	24.6%	38.9%	36.0%	37.2%
Net income	1,182.7	898.8	-29.1	621.1	810.5	616.8	687.2	705.7
Net margin	5.4%	4.8%	-0.2%	3.5%	4.8%	3.8%	4.5%	4.6%

Basic EPS [+]	$8.36	$6.27	$1.13	$4.44	$5.11	$4.19	$4.61	$4.65
Growth	33.4%	454.1%	-74.5%	-13.2%	21.9%	-9.1%	-0.9%	0.3%
Diluted EPS [+]	$8.31	$6.23	$1.13	$4.42	$5.09	$4.18	$4.59	$4.63
Growth	33.3%	453.5%	-74.5%	-13.3%	21.9%	-9.0%	-0.9%	0.4%

Dividends per share [+]	$3.58	$3.26	$3.16	$3.05	$2.88	$2.70	$2.63	$2.46
Growth	9.8%	3.2%	3.6%	5.9%	6.7%	2.7%	6.9%	7.0%

Shares outstanding (basic) [+]	141.5	143.4	144.5	145.7	146.7	147.1	149.1	151.7
Growth	-1.4%	-0.7%	-0.9%	-0.6%	-0.3%	-1.3%	-1.7%	-1.1%
Shares outstanding (diluted) [+]	142.3	144.2	145.1	146.4	147.2	147.7	149.8	152.5
Growth	-1.3%	-0.6%	-0.9%	-0.6%	-0.3%	-1.4%	-1.8%	-1.2%

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.