Genuine Return On Equity from 2010 to 2024
| GPC Stock | USD 122.69 1.93 1.60% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter 0.29913882 | Current Value 0.31 | Quarterly Volatility 0.06540746 |
Check Genuine Parts financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Genuine Parts' main balance sheet or income statement drivers, such as Depreciation And Amortization of 368.1 M, Interest Expense of 67.7 M or Total Revenue of 24.2 B, as well as many indicators such as Price To Sales Ratio of 0.95, Dividend Yield of 0.0334 or PTB Ratio of 2.74. Genuine financial statements analysis is a perfect complement when working with Genuine Parts Valuation or Volatility modules.
Genuine | Return On Equity |
Latest Genuine Parts' Return On Equity Growth Pattern
Below is the plot of the Return On Equity of Genuine Parts Co over the last few years. Return on Equity is the amount of Genuine Parts net income returned as a percentage of Genuine Parts equity. Return on equity measures Genuine Parts profitability by revealing how much profit Genuine Parts Co generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. Genuine Parts' Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Genuine Parts' overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 0.24 | 10 Years Trend |
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Return On Equity |
| Timeline |
Genuine Return On Equity Regression Statistics
| Arithmetic Mean | 0.22 | |
| Geometric Mean | 0.20 | |
| Coefficient Of Variation | 30.04 | |
| Mean Deviation | 0.04 | |
| Median | 0.22 | |
| Standard Deviation | 0.07 | |
| Sample Variance | 0 | |
| Range | 0.261 | |
| R-Value | 0.40 | |
| Mean Square Error | 0 | |
| R-Squared | 0.16 | |
| Significance | 0.14 | |
| Slope | 0.01 | |
| Total Sum of Squares | 0.06 |
Genuine Return On Equity History
About Genuine Parts Financial Statements
Genuine Parts stakeholders use historical fundamental indicators, such as Genuine Parts' Return On Equity, to determine how well the company is positioned to perform in the future. Although Genuine Parts investors may analyze each financial statement separately, they are all interrelated. For example, changes in Genuine Parts' assets and liabilities are reflected in the revenues and expenses on Genuine Parts' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Genuine Parts Co. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Return On Equity | 0.30 | 0.31 |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Genuine Parts offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Genuine Parts' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Genuine Parts Co Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Genuine Parts Co Stock:Check out the analysis of Genuine Parts Correlation against competitors. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Is Distributors space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Genuine Parts. If investors know Genuine will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Genuine Parts listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.35) | Dividend Share 3.95 | Earnings Share 7.76 | Revenue Per Share 167.12 | Quarterly Revenue Growth 0.025 |
The market value of Genuine Parts is measured differently than its book value, which is the value of Genuine that is recorded on the company's balance sheet. Investors also form their own opinion of Genuine Parts' value that differs from its market value or its book value, called intrinsic value, which is Genuine Parts' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Genuine Parts' market value can be influenced by many factors that don't directly affect Genuine Parts' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Genuine Parts' value and its price as these two are different measures arrived at by different means. Investors typically determine if Genuine Parts is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Genuine Parts' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.