GPC on NYSE

Genuine Parts Company

Logo: Genuine Parts Company, Public domain, via Wikimedia Commons5

Auto/industrial/electronic parts

Genuine Parts Company (GPC) is an American automotive and industrial parts distributor based in Atlanta, Georgia. Established by brothers Carlyle and Malcolm Fraser in 1928, the company has approximately 60,000 employees.3 From Wikipedia, CC BY-SA 4.0

$133.71 up 2.08 (1.58%)Price as of Oct 15, 2026 at 19:45 UTC

Last updated Oct 16, 2026.

Overview

1925Founded1

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  • TickerGPC on NYSE1
  • IndustryWholesale-Motor Vehicle Supplies & New Parts1
  • HeadquartersAtlanta1
  • Founded inAtlanta1
  • Websitewww.genpt.com
  • Incorporated inGA6
  • Business address2999 Wildwood Parkway, Atlanta, Ga 303396
  • Filer categoryLarge accelerated filer6

Genuine Parts Company (GPC) is an American automotive and industrial parts distributor based in Atlanta, Georgia. Established by brothers Carlyle and Malcolm Fraser in 1928, the company has approximately 60,000 employees. In addition to the United States, GPC has operated in Australasia, Belgium, Canada, France, Germany, Mexico, the Netherlands, Poland, and the United Kingdom. GPC's subsidiaries include industrial parts distributor Motion as well as NAPA Auto Parts, which primarily sells parts in North America.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

36.8%Gross margin8
0.3%Net margin8
3.5%Revenue growth, 20258
1.5%Return on equity8
0.79×Debt to equity8
$420.9MFree cash flow8

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Business segments

North America Automotive brought in 39% of the revenue Genuine Parts Company broke down this way in fiscal 2025.

  1. North America Automotive$9.5B839%up 3% from 2024
  2. Industrial Parts$8.9B837%up 2% from 2024
  3. International Automotive$5.9B824%up 5% from 2024
Business segments by year
Business segments202320242025
North America Automotive$9.0B$9.2B$9.5B
Industrial Parts$8.8B$8.7B$8.9B
International Automotive$5.2B$5.6B$5.9B

Regions

United States brought in 65% of the revenue Genuine Parts Company broke down this way in fiscal 2025.

  1. United States$15.8B865%up 3% from 2024
  2. Europe$4.0B817%up 4% from 2024
  3. Australasia$2.4B810%up 5% from 2024
  4. Canada$2.0B88%up 2% from 2024
  5. Mexico$101.1M80%up 16% from 2024
Regions by year
Regions202320242025
United States$15.2B$15.3B$15.8B
Europe$3.6B$3.8B$4.0B
Australasia$2.1B$2.3B$2.4B
Canada$2.0B$2.0B$2.0B
Mexico$70.7M$87.0M$101.1M

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue63¢$15.4B
  • Selling, general and admin29¢$7.2B
  • Other costs7¢$1.7B
  • Income tax0¢$13.8M
  • Profit0¢$65.9M

Out of $24.3B in revenue.8

Where each dollar of operating cash went, fiscal 2025

  • Capital spending45¢$469.8M
  • Dividends paid55¢$563.8M

Out of $890.8M of cash from operations. Spending exceeded cash from operations; the rest came from savings or borrowing.8

Financial statements

Revenue91011128$24.3B in 2025+39% since 2019
0$10.0B$20.0B$30.0B2019: $17.5B$17.5B20192020: $16.5B$16.5B2020−6%2021: $18.9B$18.9B2021+14%2022: $22.1B$22.1B2022+17%2023: $23.1B$23.1B2023+5%2024: $23.5B$23.5B2024+2%2025: $24.3B$24.3B2025+3%
Gross profit91011128$8.9B in 2025+53% since 2019
0$2.5B$5.0B$7.5B$10.0B2019: $5.9B$5.9B20192020: $5.7B$5.7B2020−3%2021: $6.6B$6.6B2021+17%2022: $7.7B$7.7B2022+17%2023: $8.3B$8.3B2023+7%2024: $8.5B$8.5B2024+3%2025: $8.9B$8.9B2025+5%
Net income91011128$65.9M in 2025−89% since 2019
-$500.0M0$500.0M$1.0B$1.5B2019: $621.1M$621.1M20192020: -$29.1M-$29.1M20202021: $898.8M$898.8M20212022: $1.2B$1.2B2022+32%2023: $1.3B$1.3B2023+11%2024: $904.1M$904.1M2024−31%2025: $65.9M$65.9M2025−93%

Every line of the income statement in the latest annual report, as filed.8

Period ending2025-12-312024-12-312023-12-31
Net sales$24.3B$23.5B$23.1B
Cost of goods sold$15.4B$15.0B$14.8B
Gross profit$8.9B$8.5B$8.3B
Selling, administrative and other expenses$7.2B$6.6B$6.2B
Depreciation and amortization$538.0M$408.0M$350.5M
Provision for doubtful accounts$37.0M$30.0M$25.9M
Restructuring and other costs$254.0M$213.5M$0
Total operating expenses$8.0B$7.3B$6.5B
Interest expense, net$163.5M$96.8M$64.5M
Pension settlement charge$742.0M$0$0
Other$3.0M-$43.6M-$59.8M
Total non-operating expenses$908.5M$53.2M$4.7M
Income before income taxes$52.2M$1.2B$1.7B
Income tax expense (benefit)-$13.8M$271.9M$425.8M
Net income$65.9M$904.1M$1.3B

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The story

Genuine Parts Company (GPC) was founded by brothers Carlyle and Malcolm Fraser in Atlanta in 1928.

GPC's headquarters were located at Atlanta's Circle 75, in Cobb County, starting in 1979. Approximately 400 employees worked in the 115,000-square-foot space. In 2014, GPC announced plans to relocate its headquarters to Wildwood Office Park, next to an existing operational support facility.

William P. Stengel II is GPC's president and chief executive officer (CEO). He joined the company as GPC's first chief transformation officer in 2019, became president in 2021, and became chief operating officer in 2023. Stengel succeeded Paul Donahue, who became the CEO of GPC in 2016. Donahue succeeded Tom Gallagher, who initially continued as chairperson, until Donahue was elected by the board of directors to that role in 2019. Donahue transitioned to executive chairman in 2024. On February 17, 2026, the company announced its plan to split into two publicly traded companies.

GPC acquired UAP Inc. of Canada in 1998 and the Australian car parts supplier Exego Group in 2013. GPC and its four business units acquired nineteen companies in 2016. In 2017, GPC acquired a 35 percent stake in industrial distributor Inenco Group, as well as Alliance Automotive Group. GPC acquired Kaman Distribution Group (KDG), a provider of industrial solutions such as automation, conveyance, and fluid power, in 2022.

Motion Industries

Motion Industries began as Owen Richards Co., an industrial supply company, which Caldwell Marks and William Spencer III purchased in 1946 in Birmingham. They changed the name to Motion Industries, according to the founders, "because everything we do moves – we're in the bearing and transmission business."

Marks and Spencer merged Motion Industries with GPC in 1972. Motion Industries forms the Industrial Parts Group of Genuine Parts. According to Marks, Motion Industries was one of the first industrial distribution companies to establish a central distribution center and set up an electronic parts database.

In January 2021, Motion Industries announced an official rebrand as Motion. The rebranding also coincided with Motion's 75th anniversary.

Acquisitions

Berry Bearing (1993),

Read the full text

BC Bearing/US Bearings/Norcan (2010)

Kaman Distribution Group (2022)

Legal

In 2012 Donald G. Maynor II, an employee, sued Motion Industries for age discrimination, alleging that the company fired him due to his age in violation of the West Virginia Human Rights Act. In 2015 Motion Industries sued Superior Derrick Services for $1 million due to non-payment of a portion of a contract for parts delivered between 2011 and 2014.

Former subsidiaries

In 1975, GPC acquired S.P. Richards, which was described by Industrial Distribution as "a distributor of general office products, technology products and accessories, office furniture, JanSan and safety supplies".

In 2018, GPC announced plans to merge the "workplace essentials distributor" S.P. Richards into Essendant, following a spin-off of S.P. Richards to become an independent company. The combined company would still be called Essendant (formerly United Stationers). The deal was never finalized, being rejected by Essendant, which accepted a buyout by Sycamore Partners instead. GPC sold S.P. Richards through a series of transactions in 2020, starting with the Canada division in January. The U.S. operations were sold to an investor group and the Supply Source Enterprise business, which included The Safety Zone and Impact Products operations, were sold to an affiliate of H.I.G. Capital. GPC continued with Motion and NAPA Auto Parts.

From Wikipedia’s article on Genuine Parts Company, shared under CC BY-SA 4.0.7

Leadership

Who has led Genuine Parts Company, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (44)

Products and brands

GPC has two primary business segments: Motion, which focuses on industrial products, and the automotive brand NAPA Auto Parts.

Motion

Motion, known formally as Motion Industries, Inc., is an American distributor of industrial parts and industrial technology headquartered in Birmingham, Alabama. According to Industrial Distribution, Motion started as a distributor of bearings and industrial supplies, and expanded to offer products related to automation, conveyance, hydraulics, fluid power, and robotics. GPC acquired Motion in 1976. GPC's electrical products division, EIS Inc., merged with Motion in 2018, before being sold in October 2019. Based in Birmingham, Alabama, Motion has approximately 9,000 employees and 170,000 customers as of 2023.

James Howe is the president.

Operations

Motion Industries is an industrial parts distributor for products including bearings; mechanical power transmission; electrical and industrial automation; hose, belting, and gaskets; hydraulic and pneumatics; process pumps; hydraulic and industrial hose; material handling; seals and accessories; and industrial/safety supplies. It also provides fabrication and repair services. The company's business units Motion Automation Intelligence (Motion Ai), Motion Conveyance Solutions and Motion Repair & Services offer related products and services.

Read the full text

As of 2023, Motion had annual sales of over $8 billion and 200,000 customers.

NAPA Auto Parts

NAPA Auto Parts was established in 1925. Some NAPA Auto Parts stores are owned and operated by GPC, but most are independently owned and operated. There were approximately 6,000 NAPA Auto Parts stores in 2020.

From Wikipedia’s article on Genuine Parts Company, shared under CC BY-SA 4.0.7

Subsidiaries and ownership

Subsidiaries

  • Motion Industries
  • NAPA AutoPro
  • Repco

From Wikidata.1

Timeline

  1. Sep 8, 2025New chief executive William P. Stengel Ii. becomes CEO17
  2. Apr 4, 2017New chief executive Paul D. Donahue becomes CEO18
  3. Sep 10, 2004New chief executive Thomas Gallagher becomes CEO20
  4. Feb 10, 2004New chief executive Larry L. Prince becomes CEO19
  5. 1925Founded Founded in Atlanta1

Recent filings

  1. Oct 5, 20264
  2. Oct 5, 20264
  3. Sep 10, 20264
  4. Sep 9, 20268-K
  5. Aug 20, 20264
  6. Aug 11, 20268-K
  7. Aug 4, 20264
  8. Jul 21, 20268-K
  9. Jul 21, 202610-Q
  10. Jul 6, 20264
  11. Jul 6, 20264
  12. Jun 26, 20264
  13. Jun 26, 2026144
  14. May 19, 2026144
  15. May 11, 20264

Every filing from the last three years, summarized. The full record is on SEC EDGAR.2

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