GPC
Genuine Parts Company129.46
-2.45-1.86%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q4 '25
Details NA costs, Europe splits
Q&A unpacked North America Automotive margin erosion from $32 million healthcare overrun, high-single-digit inflation, rent/freight hikes, and IT spend hitting SG&A, while company-owned stores gained via better payroll and processes—but independents face persistent headwinds with no early 2026 rebound expected. Europe softness concentrated in UK/France/Germany, yet Spain doubled via NAPA brand. Transformation savings split across units, Automotive tilting CapEx-heavy versus Motion's M&A focus. Guidance shapes muted H1 earnings ramp. Independents stay stubborn.
Key Stats
Market Cap
18.01BP/E (TTM)
22.28Basic EPS (TTM)
5.81Dividend Yield
0.03%Recent Filings
8-K
CIO Krishna resigns
10-K
FY2025 results
Genuine Parts posted FY2025 net sales of $24.3B, up 3.5% y/y from acquisitions and 0.9% comparable growth, yet net income cratered to $66M from $904M amid a $742M pension settlement, $151M First Brands bankruptcy charge, and $103M asbestos remeasurement. Q4 woes amplified by supplier fallout and claims trends hammered Automotive EBITDA (down to 7.1% margin), while Industrial held firm at 12.9%. Gross margins expanded 50bps to 36.8% via pricing. Liquidity stays solid at $1.5B with $4.8B debt; Q4 repurchases were negligible. Proposed Automotive/Industrial split eyes Q1 2027. Asbestos claims backlog threatens momentum.
8-K
GPC plans business split
Genuine Parts announced plans to split into two public companies—Global Automotive and Global Industrial—targeted for Q1 2027 completion as a tax-free spin-off, aiming to sharpen focus and unlock value. Q4 sales hit $6.0B, up 4.1%, but a $742M pension settlement drove a $609M net loss; adjusted EPS was $1.55. The split creates leaders. Risks include execution hurdles.
8-K
Board leadership transition announced
Genuine Parts Company announced Non-Executive Chairman Paul Donahue's retirement from the Board at the 2026 annual shareholders' meeting. The Board appointed President and CEO Will Stengel as Chairman-elect, effective upon retirement, consolidating leadership roles. This unifies direction, leveraging Stengel's operational expertise since June 2024. Smooth transition planned.
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