GENUINE PARTS CO
Business
Genuine Parts Company is a global distributor of automotive and industrial replacement parts and value-added solutions, operating from over 10,800 locations across North America, Europe, and Australasia. The company serves the automotive aftermarket through its NAPA brand and other subsidiaries, distributing parts, accessories, tools, and equipment to commercial repair shops, dealerships, fleets, and retail consumers. Through its Industrial segment, the company provides maintenance, repair and operation (MRO) parts and solutions to diverse manufacturing and industrial customers. The company operates as a multi-segment distributor with strong logistics and omni-channel digital capabilities supporting both DIFM (Do-It-For-Me) commercial customers and DIY retail consumers.
Summary from 10-K filed 2026-02-20
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Net sales | 24,300 | 23,487 | 23,091 | 22,096 | 18,871 | |
| Cost of goods sold | 15,359 | 14,963 | 14,800 | 14,356 | 12,236 | |
| Gross profit | 8,941 | 8,524 | 8,291 | 7,740 | 6,634 | |
| Selling, administrative and other expenses | 7,151 | 6,643 | 6,167 | 5,758 | 5,163 | |
| Depreciation and amortization | 538 | 408 | 351 | 348 | 291 | |
| Provision for doubtful accounts | 37 | 30 | 26 | 20 | 18 | |
| Restructuring and other costs | 254 | 214 | 0 | 0 | — | |
| Total operating expenses | 7,980 | 7,294 | 6,544 | 6,126 | 5,471 | |
| Interest expense, net | 164 | 97 | 64 | 74 | — | |
| Pension settlement charge | 742 | 0 | 0 | — | — | |
| Other | 3 | −44 | −60 | −32 | −100 | |
| Total non-operating expenses | 908 | 53 | 5 | 42 | −37 | |
| Income before income taxes | 52 | 1,176 | 1,742 | 1,573 | 1,200 | |
| Income tax expense (benefit) | −14 | 272 | 426 | 390 | 302 | |
| Net income | 66 | 904 | 1,317 | 1,183 | 899 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 477 | 480 | 1,102 | 653 | 715 | |
| Trade accounts receivable, net | 2,371 | 2,183 | 2,223 | 2,189 | 1,798 | |
| Merchandise inventories, net | 6,072 | 5,514 | 4,677 | 4,442 | 3,890 | |
| Prepaid expenses and other current assets | 1,645 | 1,675 | 1,604 | 1,533 | 1,354 | |
| Total current assets | 10,565 | 9,853 | 9,606 | 8,817 | 7,756 | |
| Goodwill | 3,189 | 2,897 | 2,735 | 2,588 | 1,915 | |
| Other intangible assets, net | 1,856 | 1,799 | 1,793 | 1,813 | 1,406 | |
| Property, plant and equipment, net | 2,172 | 1,951 | 1,617 | 1,326 | 1,234 | |
| Operating lease assets | 2,084 | 1,770 | 1,269 | 1,105 | 1,054 | |
| Other assets | 930 | 1,013 | 949 | 847 | 986 | |
| Total assets | 20,796 | 19,283 | 17,968 | 16,495 | 14,352 | |
| Trade accounts payable | 6,052 | 5,924 | 5,500 | 5,457 | 4,805 | |
| Short-term borrowings | 944 | 42 | — | — | — | |
| Current portion of debt | 354 | 500 | 355 | 252 | 0 | |
| Other current liabilities | 2,295 | 1,926 | 1,840 | 1,851 | 1,661 | |
| Dividends payable | 143 | 134 | 133 | 126 | 116 | |
| Total current liabilities | 9,788 | 8,525 | 7,827 | 7,686 | 6,582 | |
| Long-term debt | 3,498 | 3,743 | 3,551 | 3,077 | 2,409 | |
| Operating lease liabilities | 1,739 | 1,458 | 980 | 836 | 789 | |
| Pension and other post-retirement benefit liabilities | 219 | 219 | 220 | 198 | — | |
| Deferred tax liabilities | 386 | 442 | 438 | 391 | 281 | |
| Other long-term liabilities | 724 | 544 | 536 | 503 | 523 | |
| Preferred stock, par value $1 per share authorized 10,000,000 shares; none issued | 0 | 0 | 0 | 0 | 0 | |
| Common stock, par value $1 per share authorized 450,000,000 shares; issued and outstanding 2025 137,617,832 shares and 2024 138,779,664 shares | 138 | 139 | 140 | 141 | 142 | |
| Additional paid-in capital | 228 | 197 | 173 | 140 | 120 | |
| Accumulated other comprehensive loss | −512 | −1,262 | −977 | −1,033 | −858 | |
| Retained earnings | 4,569 | 5,264 | 5,065 | 4,542 | 4,086 | |
| Total parent equity | 4,423 | 4,337 | 4,401 | 3,790 | 3,491 | |
| Noncontrolling interests in subsidiaries | 17 | 14 | 16 | 14 | 13 | |
| Total equity | 4,440 | 4,352 | 4,417 | 3,804 | 3,503 | |
| Total liabilities and equity | 20,796 | 19,283 | 17,968 | 16,495 | 14,352 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Depreciation and amortization | 538 | 408 | 351 | 348 | 291 | |
| Pension settlement | 742 | 0 | 0 | — | — | |
| First Brands credit loss allowance | 151 | 0 | 0 | — | — | |
| Deferred income taxes | −257 | −19 | 42 | 2 | 32 | |
| Share-based compensation | 49 | 41 | 57 | 38 | 26 | |
| Gains on sales of real estate | −28 | −43 | 0 | −103 | 0 | |
| Other operating activities | 11 | 47 | −42 | 18 | 23 | |
| Trade accounts receivable, net | −77 | −51 | 32 | −244 | −259 | |
| Merchandise inventories, net | −208 | −441 | −69 | −380 | −329 | |
| Trade accounts payable | −133 | 512 | 2 | 676 | 777 | |
| Operating lease right-of-use asset | 482 | 634 | 345 | 370 | — | |
| Other current and noncurrent assets | −279 | −123 | −169 | −20 | — | |
| Operating lease current and noncurrent liabilities | −485 | −663 | −355 | −373 | — | |
| Other current and noncurrent liabilities | 320 | 43 | −75 | −49 | — | |
| Net cash provided by operating activities | 891 | 1,251 | 1,436 | 1,467 | 1,258 | |
| Purchases of property, plant and equipment | −470 | −567 | −513 | −340 | −266 | |
| Proceeds from sale of property, plant and equipment | 52 | 122 | 25 | 145 | 27 | |
| Acquisitions of businesses | −318 | −1,080 | −307 | −1,690 | −284 | |
| Proceeds from divestitures of businesses | 914,000 | 2 | 11 | 34 | 18 | |
| Proceeds from sale of investment | 0 | 0 | 80 | 0 | 0 | |
| Proceeds from settlement of net investment hedge | 0 | 16 | 0 | 158 | 0 | |
| Other investing activities | 23 | 0 | −3 | 9 | — | |
| Net cash used in investing activities | −712 | −1,508 | −706 | −1,684 | −506 | |
| Proceeds from debt | 1,053 | 895 | 3,769 | 5,109 | 893 | |
| Payments on debt | −1,002 | −496 | −3,238 | −4,148 | −1,053 | |
| Net proceeds of commercial paper | 343 | 0 | 0 | — | — | |
| Shares issued from employee incentive plans | −17 | −17 | −24 | −17 | −22 | |
| Dividends paid | −564 | −555 | −527 | −496 | −466 | |
| Purchase of stock | 0 | −150 | −261 | −223 | −334 | |
| Other financing activities | −23 | −11 | −11 | −20 | −7 | |
| Net cash used in financing activities | −209 | −334 | −292 | 205 | −990 | |
| Effect of exchange rate changes on cash and cash equivalents | 27 | −32 | 11 | −49 | −38 | |
| Net (decrease) increase in cash and cash equivalents | −3 | −622 | 449 | −61 | −275 | |
| Income taxes | 211 | 265 | 366 | 363 | 305 | |
| Interest | 191 | 125 | 90 | 73 | 66 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is GENUINE PARTS CO's CIK number?
GENUINE PARTS CO's SEC CIK number is 0000040987 (40987). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find GENUINE PARTS CO's SEC filings?
All of GENUINE PARTS CO's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did GENUINE PARTS CO last report earnings?
GENUINE PARTS CO (GPC) most recently filed an earnings 8-K with the SEC on Apr 21, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0000040987-26-000015). This is GENUINE PARTS CO's most recent earnings filing of record — not a forecast of its next earnings date.
What is GENUINE PARTS CO's most recent earnings 8-K?
GENUINE PARTS CO's latest earnings 8-K (Item 2.02) was filed Apr 21, 2026 under accession 0000040987-26-000015. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View GENUINE PARTS CO's latest earnings 8-K →
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