Genuine Parts Company (GPC) reported third-quarter net sales of $6,521.308 million, up 4.2% year over year, with comparable sales up 2.9%. GAAP net income was $224.447 million, down 0.8%, while diluted EPS remained $1.62. Adjusted net income was $285.946 million, up 3.8%, and adjusted diluted EPS was $2.07, up 4.5%; the non-GAAP adjustments include restructuring, planned-separation, and acquisition and integration costs, with related tax effects.
For the nine months ended September 30, 2026, net sales were $19,323.199 million, up 5.6%, while net income declined 5.2% to $640.540 million and diluted EPS fell 4.3% to $4.64. Operating cash flow was $816.647 million, compared with $510.689 million, reflecting improved working capital and a $250 million benefit from the accounts receivable sales agreement. At September 30, 2026, total debt was $5.1 billion and liquidity was $2.4 billion. The planned separation into Global Automotive and Global Industrial is targeted for the first quarter of 2027, subject to customary and regulatory conditions.
Genuine Parts Company reported third-quarter 2026 sales of $6.5 billion, up 4.2% year over year. GAAP net income was $224 million versus $226 million, and diluted EPS was $1.62 in both periods. Adjusted net income was $286 million, compared with $276 million, and adjusted diluted EPS was $2.07 versus $1.98.
Industrial sales rose 6.1% to $2.4 billion, while segment EBITDA increased 11.2% to $317 million and margin expanded 60 basis points to 13.2%. North America Automotive sales increased 2.2%, but segment EBITDA declined 2.9% to $194 million; International Automotive sales rose 4.5% and EBITDA rose 4.7% to $141 million.
The company narrowed its 2026 adjusted diluted EPS outlook to $7.50–$7.75 from $7.50–$8.00; its GAAP diluted EPS outlook is $5.60–$5.85, down from $5.90–$6.40. For the first nine months, operating cash flow was $817 million and free cash flow was $502 million. The planned separation of Global Automotive and Global Industrial remains on track for launch as two independent companies in the first quarter of 2027.
Genuine Parts Company filed an automatic shelf registration covering an indeterminate amount of common stock, preferred stock, depositary shares and debt securities. It may offer and sell these securities from time to time after the registration statement becomes effective; a prospectus supplement will describe each offering’s terms and distribution method. Unless a supplement states otherwise, net proceeds will be used for general corporate purposes.
The company says its proposed separation into two independent, publicly traded companies—one comprising its Automotive Parts Group and the other its Industrial Parts Group—is targeted for completion in the first quarter of 2027, subject to customary and regulatory conditions.
Richard Cox Jr., a director of Genuine Parts Co. (GPC), acquired 197 shares of phantom stock on October 2, 2026. The reported per-share amount was $127.17. Each phantom share is economically equivalent to one GPC common share and becomes payable in cash or common stock, at his election, under a prior deferral election. His reported post-transaction phantom-stock holdings were 5,825 shares, including 47 shares acquired through the most recent Dividend Reinvestment Plan purchase.
Genuine Parts Co director Juliette Williams Pryor acquired 246 shares of phantom stock on October 2, 2026, at $127.17 per share. Each phantom share is the economic equivalent of one GPC common share and becomes payable in cash or common stock, at her election, under her prior deferral election. Her reported direct phantom-stock holdings following the transaction were 4,919 shares, including 39 shares acquired through the most recent Dividend Reinvestment Plan purchase.
GENUINE PARTS CO (symbol: GPC) is the issuer of record for a Form 4 filing submitted to the SEC. CARRUTHERS COURT D reported acquisition or exercise transactions in this Form 4 filing.
GENUINE PARTS CO (GPC) reported that director Court D. Carruthers received two equity awards of common stock on September 8, 2026. One grant consists of 11,935 time-based RSUs that vest in equal annual installments on May 1 of 2027, 2028, and 2029. A second grant consists of 29,838 time-based RSUs that vest on the third anniversary of the grant date. No Rule 10b5-1 trading plan is reported for these awards.
Genuine Parts Company (GPC) detailed key leadership appointments as it advances the planned separation of its Global Automotive and Global Industrial businesses into two independent, publicly traded companies expected in the first quarter of 2027. Court Carruthers, a current director, has been named Chief Executive Officer‑Elect effective September 8, 2026 and will become Chief Executive Officer at the separation’s closing, while Will Stengel remains Chairman and CEO until then.
Carruthers’ offer includes a $1,000,000 base salary as CEO‑Elect, a 2026 bonus target of 150% of salary pro‑rated to one‑third, and a 2026 long‑term equity grant based on a $6,000,000 target, plus two sign‑on RSU grants of $4,000,000 each. After he becomes CEO, his base salary will be $1,200,000 with a $7,200,000 annual long‑term incentive target. GPC also appointed Bert Nappier as Executive Vice President, Chief Operating Officer and Chief Financial Officer, and James Howe as President and Chief Operating Officer of Motion, with increased salaries, bonus targets and future equity grant targets.
The company confirmed that Carruthers entered into severance and change in control agreements consistent with other executives, with an added “Good Reason” trigger if the separation is not completed, and stated that the separation itself will not trigger these protections. GPC and Motion plan separate investor days in New York City on December 8 and 9, 2026, where leadership teams will present strategies and value‑creation initiatives for each business.
GENUINE PARTS CO (GPC) reported that executive officer Jennifer Hulett, EVP and Chief People Officer, had 302 shares of Common Stock disposed of on 2026-08-19 to pay the exercise price or tax liability, at $134.54 per share, through share delivery/withholding. Following this transaction, she directly held 21,311 shares of GPC common stock. A footnote states that her ending balance was increased by 66 shares to account for shares from dividend accrual.
Genuine Parts Company reported that its Board of Directors declared a regular quarterly cash dividend of $1.0625 per share on its common stock. The dividend is payable on October 2, 2026 to shareholders of record on September 4, 2026.
The company describes itself as a global service provider of automotive and industrial replacement parts and value-added solutions, operating over 10,800 locations in 17 countries and supported by more than 65,000 teammates.
Genuine Parts Company reported that executive Alain Masse, President, N.A. Automotive, had 403 shares of common stock withheld on August 1, 2026 at $128.52 per share to satisfy tax obligations, leaving his directly held shares at 24,850. A footnote notes this ending balance includes 32 shares from dividend accrual.