Genuine Parts (GPC) FY2025 results: revenue $24.3 billion, up 3.5% on the year

Genuine Parts was incorporated in Georgia in 1928 and distributes automotive and industrial replacement parts from more than 10,800 locations, mostly in North America, Europe and Australasia. In 2025 approximately 74% of what it took in came from North America, 16% from Europe and 10% from Australasia. From 31 December 2025 it reports three segments: North America Automotive, International Automotive, which together make up the Automotive Parts Group, and Industrial. On 17 February 2026, after a strategic and operational review, it announced its intention to separate into two independent publicly traded companies, one holding the automotive business and one the industrial, in a transaction intended to be tax-free for United States federal income tax purposes and targeted for the first quarter of 2027.

The automotive business

The two automotive segments are approximately 39% and 24% of total net sales and together serve over one million customer locations, from repair shops and dealerships to fleet operators and retail consumers, with most orders filled from stocked inventory. North America Automotive trades through the NAPA subsidiaries in Atlanta and UAP in Montreal, International Automotive through Alliance Automotive Group in London and GPC Asia Pacific in Melbourne. Commercial customers, which the company calls do-it-for-me, are approximately 80% of automotive sales and retail do-it-yourself customers approximately 20%. Products cover replacement parts such as brakes, batteries, filters, engine components and fluids, accessories and specialty equipment, tools and diagnostic devices, and paint, body care and collision supplies in selected markets, for vehicle types from cars and trucks, including hybrids and electric vehicles, to motorcycles, buses, farm machinery and heavy equipment. The United States business offers over one million parts from hundreds of suppliers, approximately 55% of its 2025 inventory bought from ten of them.

North America Automotive

The segment serves customers through 6,864 locations across the United States and Canada, roughly 35% company-owned and 65% independent: 76 distribution centres, 2,471 company-owned stores and 4,317 independent stores. Most products carry the NAPA brand, the heavy vehicle business runs under Traction, TruckPro, TW and Cadel, and Canadian specialty stores sell paint and body care equipment under NAPA/CMAX and parts for imported vehicles under Altrom and Auto-Camping. The repair centre network reaches over 20,000 locations across North America through programmes such as NAPA Auto Care, which give affiliated shops brand recognition, purchasing power and technology while they stay independently owned.

International Automotive

In Europe, Alliance Automotive Group serves thousands of repair shops and collision centres through over 2,500 outlets backed by distribution centres, trading under local banners including GROUPAUTO, Precisium and Pièces Auto in France, Coler, Henig, Knoll and Voigt in Germany, UAN and CAAR in the U.K. and Ireland, PartsPoint in Belgium and the Netherlands, and Lausan, Soulima, Gaudi and Colón in Spain and Portugal. In Australasia it runs company-owned stores under Repco, a dual-format network serving trade and retail customers, and NAPA Auto Parts, which sells electrical and replacement parts to trade, fleet, industrial, commercial and mining customers. The region counts 85 distribution centres, 1,364 company-owned stores and 1,750 independent affiliate stores.

Industrial

The Industrial segment is 37% of total net sales and runs in North America and Australasia through Motion Industries in Birmingham, Alabama and Motion Asia Pacific in Sydney, supplying maintenance and repair customers and original equipment manufacturers. It supports over 180,000 customers across approximately 900,000 locations, most orders filled immediately from inventory and delivered within 24 hours, and national accounts are approximately 45% of annual sales. The range covers bearings, seals and gaskets, hose, fittings, hydraulics and pneumatics, abrasives, adhesives and tape, pumps and power transmission, tools and testing equipment, electrical supplies and safety products, and chemicals, sold into industries from cement and chemicals to food and beverage, mining, oil and gas and pulp and paper. Services include on-site and vendor managed inventory, asset repair and radio frequency tracking, repair of gearboxes, fluid power systems, pumps and electrical panels, automation through Motion AI and supplier system links through MiSupplierConnect. The network is 755 locations: 32 distribution centres, 646 branches and 77 service centres, with access to over 10 million parts from nearly 40,000 suppliers and approximately 45% of purchases from the top 50.

Competition and people

Both sides operate in highly competitive markets, and in automotive the competition includes specialty parts chains, vehicle manufacturers, dealers, warehouse clubs, mass merchandisers and online retailers, with AutoZone, O'Reilly, Advance Auto Parts and LKQ named in North America, LKQ again in Europe and Bapcor in Australasia. In industrial distribution the main competitor named is Applied Industrial Technologies, alongside Fastenal and W.W. Grainger. At 31 December 2025 the company employed more than 65,000 people worldwide and operated in 17 countries.

From Genuine Parts Company's annual report on Form 10-K for the year ended 31 December 2025. The filing

Written from the 10-K filed 20 February 2026: read the full 10-K.