Quarterly ResultOct 20, 2026, 07:56 AM
Genuine Parts Q3 Sales Up 4.2% to $6.5B; Adjusted EPS $2.07; Outlook Narrowed
AI Summary
Genuine Parts Company announced its third quarter 2026 results, with sales increasing 4.2% to $6.5 billion. While net income remained flat at $224 million ($1.62/share), adjusted net income rose to $286 million ($2.07/share). The company is narrowing its full-year adjusted EPS outlook to $7.50-$7.75. Key strategic initiatives include the planned separation of its Automotive and Industrial businesses into two independent companies, expected in Q1 2027.
Key Highlights
- Genuine Parts Company reported Q3 2026 sales of $6.5 billion, up 4.2% YoY.
- Q3 2026 net income was $224 million ($1.62/share), flat YoY.
- Adjusted Q3 2026 net income was $286 million ($2.07/share), up from $276 million ($1.98/share) in Q3 2025.
- Industrial segment sales increased 6.1% to $2.4 billion with EBITDA up 11.2%.
- North America Automotive sales grew 2.2% to $2.5 billion, but segment EBITDA decreased 2.9%.
- International Automotive sales rose 4.5% to $1.6 billion, with segment EBITDA up 4.7%.
- Full-year 2026 adjusted EPS outlook narrowed to $7.50-$7.75 from $7.50-$8.00.
- Company remains on track to launch GPC and Motion as two independent companies in Q1 2027.
Price Impact
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