A distributor of automotive and industrial replacement parts, Genuine Parts runs the familiar NAPA auto-parts chain and, under the Motion name, supplies maintenance and repair parts to factories and businesses around the world. It traces back to 1928, when Carlyle Fraser bought an Atlanta store called Motor Parts Depot and renamed it Genuine Parts. Fun fact: NAPA isn't a place — it's an acronym for the National Automotive Parts Association, and Fraser helped found that group three years before he founded the company. The business now plans to split into two separate public companies.
Genuine Parts Company reports Q2 2026 sales of $6.5 billion, up 6.0%, and reaffirms adjusted EPS outlook of $7.50-$8.00.
GAAP net income was $228 million, or $1.65 per diluted share, compared to $255 million, or $1.83 per diluted share, in Q2 2025.
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Second quarter 2026 net sales were $6.5 billion, a 6.0% increase from $6.2 billion in the prior year period.
Adjusted net income was $296 million, or $2.15 per diluted share, up from $292 million, or $2.10 per diluted share, in the prior year period.
The company reaffirmed its 2026 adjusted diluted EPS outlook of $7.50 to $8.00 and updated its GAAP diluted EPS outlook to $5.90 to $6.40.
The company remains on track to complete the planned separation of its Global Automotive and Global Industrial businesses in the first quarter of 2027.
2.02 Results of Operations and Financial Condition · 9.01 Financial Statements and Exhibits
Genuine Parts enters $1B term loan facilities and declares $1.0625 dividend
Genuine Parts Company entered a Seventh Amendment to its Syndicated Facility Agreement, establishing $500 million Initial Term Loan A and $500 million Delayed Draw Term Loan facilities.
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The Term Loan A Facilities bear interest at SOFR plus 0.875%-1.500% or base rate plus 0.000%-0.500%, based on credit rating, maturing October 28, 2027.
At the 2026 Annual Meeting, shareholders elected 11 directors, approved executive compensation advisory vote, and ratified Ernst & Young LLP as auditors.
The Board declared a regular quarterly cash dividend of $1.0625 per share, payable July 2, 2026 to shareholders of record June 5, 2026.
1.01 Entry into a Material Definitive Agreement · 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement · 5.07 Submission of Matters to a Vote of Security Holders · 8.01 Other Events · 9.01 Financial Statements and Exhibits
Genuine Parts reports Q4 2025 net loss of $609M, announces separation plan
Fourth quarter 2025 sales were $6.0 billion, up 4.1% from $5.8 billion in the prior year period.
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Q4 2025 net loss was $609 million, or $(4.39) per diluted share, compared to net income of $133 million, or $0.96 per diluted share in Q4 2024.
Adjusted Q4 2025 net income was $216 million, or $1.55 per diluted share, versus $224 million, or $1.61 per diluted share in the prior year period.
Full-year 2025 sales were $24.3 billion, up 3.5% from 2024; net income was $66 million, or $0.47 per diluted share.
The company announced a 3.2% dividend increase to $1.0625 per share quarterly, and plans to separate into two public companies: Global Automotive and Global Industrial.
2.02 Results of Operations and Financial Condition · 8.01 Other Events · 9.01 Financial Statements and Exhibits
Genuine Parts announces Paul Donahue to retire; Will Stengel named Chairman
Paul D. Donahue, Non-Executive Chairman, will retire from the Board effective at the end of his term at the 2026 annual meeting of shareholders.
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Will Stengel, President and CEO, was appointed Chairman of the Board, effective upon Donahue's retirement, and will assume the combined role of Chairman and CEO.
Stengel has served as President and CEO and a Board member since June 2024, with prior roles including President and Chief Transformation Officer.
The leadership transition was announced in a press release dated January 15, 2026, furnished as Exhibit 99.1.
The Board expressed gratitude for Donahue's over two decades of service, citing his portfolio streamlining and governance strengthening.
5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · 7.01 Regulation FD Disclosure · 9.01 Financial Statements and Exhibits