Financial Statements

Genuine Parts Company (GPC)

$135.51

+2.34 (+1.76%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2021 2020 2019 2018 2017
Retained Earnings (Previous Year) 3,9804,5724,3414,050-
Net Income 899-29621810617
Stock Dividends -327-11048-1033,829
Dividend Paid -466-453-439-416-395
Retained Earnings 4,0863,9804,5724,3414,050

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 2,2012,2911,027937-
Annual Depreciation 353641,5613231,093
Capital Expenditure -266-154-298-232-157
Net PPE 2,2882,2012,2911,027937

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -2,1542,1292,2941,917
New Purchases -----
Intangible and Goodwill 2,1542,1292,2941,9171,915

Genuine Parts Company income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes Genuine Parts Company FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.