Quarterly ResultJul 21, 2026, 12:46 PM
Genuine Parts Q2 Net Sales Up 6.05% to $6.537B; Net Income Down 10.72%
AI Summary
Genuine Parts reported Q2 2026 net sales of $6.537 billion, a 6.05% increase year-over-year, but net income declined 10.72% to $227.558 million, resulting in diluted EPS of $1.65. Year-to-date cash provided by operating activities significantly increased by 174.4% to $464.114 million. The company reiterated its intention to separate into two independent, publicly traded companies, Global Automotive and Global Industrial, targeted for completion in Q1 2027.
Key Highlights
- Q2 2026 net sales increased 6.05% to $6.537 billion.
- Q2 2026 net income decreased 10.72% to $227.558 million.
- Q2 2026 diluted EPS was $1.65, down 9.84% YoY.
- YTD 2026 cash from operating activities surged 174.4% to $464.114 million.
- Company plans to separate into Global Automotive and Global Industrial by Q1 2027.
- North America Automotive net sales rose to $2.537 billion in Q2 2026.
- International Automotive net sales grew to $1.588 billion in Q2 2026.
- Industrial segment net sales reached $2.412 billion in Q2 2026.
Price Impact
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