Genuine Parts Company
Financial Performance
Genuine Parts Revenue & Financials
Revenue
$24.3B (FY2025)
Market Cap
$17.5B
Net Income
$65.9M
Employees
65,000
What is Genuine Parts's revenue?
Genuine Parts had $24.3B in revenue for fiscal year 2025, up 3.5% from 2024. Net income was $65.9M.
- Latest revenue
- $24.3B (FY2025)
- Year-over-year
- +3.5%
- Growth rate (CAGR)
- 5.2% over 9 years
- Peak revenue
- $24.3B (FY2025)
- Years of data
- 10
- Employees
- 65,000
- What is Genuine Parts's operating income?
- Genuine Parts reported operating income of $1.4B for fiscal year 2018. sec.gov
- How much profit does Genuine Parts make?
- Genuine Parts reported net income of $65.9M for fiscal year 2025. sec.gov
- How many employees does Genuine Parts have?
- Genuine Parts has about 65,000 employees.
Financial Analysis
GPC's revenue has grown steadily, from $15.3 billion in 2016 to $24.3 billion in 2025, helped by acquisitions such as Alliance Automotive Group (2017) and Kaman Distribution Group. Profit is a different story in 2025: GAAP net income fell to $66 million because of a pension plan termination charge, the First Brands credit loss, asbestos remeasurement and restructuring costs, while adjusted net income was about $1.03 billion ($7.37 per share). Free cash flow of about $421 million in 2025 was below the roughly $564 million paid in dividends. The company still raised its 2026 annual dividend to $4.25 per share, its 70th consecutive increase. Genuine Parts Company is a colossal American service organization engaged in the distribution of automotive and industrial replacement parts, with a market valuation generally exceeding $18 billion.
Revenue Trend Analysis
YoY Change
+3.5%
9-Year CAGR
+5.2%
Peak Year
2025
Trend
Consistent Growth
Genuine Parts Company has 10 full fiscal year figures on this page, compounding at +5.2% annually over 9 years. The most recent year saw a 3.5% increase versus the prior year. Annual revenue peaked in fiscal year 2025 at $24.3B. Of 9 comparable year-over-year steps, 8 showed growth and 1 showed a decline.
Annual revenue history
Click any row to see year details.
Genuine Parts Company balance sheet and cash flow
Balance-sheet figures are as of each fiscal year end; cash-flow figures cover the fiscal year. Taken from the company's annual report on Form 10-K, linked on each row. Free cash flow here is operating cash flow less capital expenditures, calculated by CorpDigest.
| Fiscal Year | Operating cash flow | Capital expenditures | Total assets | Shareholders' equity | Free cash flow | Source |
|---|---|---|---|---|---|---|
| FY2025ended Dec 31, 2025 | $890.8M | $469.8M | $20.8B | $4.4B | $420.9M | Form 10-K |
| FY2024ended Dec 31, 2024 | $1.3B | $567.3M | $19.3B | $4.3B | $683.9M | Form 10-K |
| FY2023ended Dec 31, 2023 | $1.4B | $512.7M | $18B | $4.4B | $922.9M | Form 10-K |
| FY2022ended Dec 31, 2022 | $1.5B | $339.6M | $16.5B | $3.8B | $1.1B | Form 10-K |
| FY2021ended Dec 31, 2021 | $1.3B | $266.1M | $14.4B | $3.5B | $992.1M | Form 10-K |
| FY2020ended Dec 31, 2020 | — | $153.5M | $13.4B | $3.2B | — | Form 10-K |
| FY2019ended Dec 31, 2019 | $892M | $277.9M | $14.6B | $3.7B | $614.1M | Form 10-K |
| FY2018ended Dec 31, 2018 | $1.1B | $226.5M | $12.7B | $3.5B | $918.7M | Form 10-K |
| FY2017ended Dec 31, 2017 | $815M | $156.8M | $12.4B | $3.4B | $658.3M | Form 10-K |
| FY2016ended Dec 31, 2016 | $946.1M | $160.6M | $8.9B | $3.2B | $785.4M | Form 10-K |
Keep researching Genuine Parts
Genuine Parts Revenue and Financial FAQ
What is the typical annual revenue and operating cash flow scale of Genuine Parts Company?
Genuine Parts Company reported revenue of $24.3 billion for fiscal year 2025, up from $23.5 billion in fiscal 2024.
How does GPC allocate capital between acquisitions, dividends, and share repurchases?
GPC prioritizes reinvestment in supply chain automation and IT infrastructure, followed by funding tuck-in industrial and automotive acquisitions, maintaining its 68-year streak of annual dividend increases, and opportunistically repurchasing common shares to offset dilution.
What is Genuine Parts Company's debt profile and credit rating framework?
GPC maintains an investment-grade credit rating (typically Baa1/BBB) supported by conservative financial leverage targets of 2.0x to 2.5x net debt to adjusted EBITDA, ensuring ample liquidity across revolving credit facilities and term debt markets.
How does the increasing average age of passenger vehicles benefit GPC's financial results?
As the average age of vehicles in operation (VIO) rises past 12.5 years, vehicles require more frequent, complex maintenance and non-discretionary mechanical replacements (alternators, brake calipers, suspension components, steering racks), driving steady demand for NAPA replacement parts.
How does GPC manage working capital across its large global parts inventory?
GPC utilizes advanced demand forecasting algorithms, vendor supply chain financing, centralized regional distribution logistics, and automated inventory balancing across distribution centers to optimize inventory turnover and reduce working capital intensity.
What are GPC's capital expenditure (CapEx) priorities for distribution facilities?
CapEx investments (typically 1.5% to 2.0% of net sales) focus on automated storage and retrieval systems (ASRS) in distribution centers, warehouse robotics, digital ERP modernization, fleet delivery route optimization software, and retail store refresh programs.
How do foreign currency translation fluctuations affect GPC's consolidated earnings?
With substantial operations in Europe (Euro, British Pound) and Australasia (Australian and New Zealand Dollar), strengthening of the US Dollar creates translation headwinds on reported international revenues and earnings, though local currency operating margins remain largely unaffected.
What impact does industrial manufacturing production have on Motion's segment profitability?
Motion's financial results correlate closely with the US Industrial Production Index, ISM Manufacturing PMI, and factory capacity utilization rates, expanding operating leverage during industrial manufacturing expansions.
Is Genuine Parts Company profitable?
Incredibly so, and highly resilient. Because people are forced to repair old cars during economic recessions, GPC is famously recession-proof. They are a legendary "Dividend King" on Wall Street, having increased their cash dividend paid to shareholders every single year for over 65 consecutive years.
Cite or embed this data
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Genuine Parts Revenue & Financials." CorpDigest, https://corpdigest.com/company/genuine-parts/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Genuine Parts reported $24.3B in revenue (FY2025).</strong><br>Source: <a href="https://corpdigest.com/company/genuine-parts/financials" target="_blank" rel="noopener">CorpDigest — Genuine Parts financials</a></div>Related Financial Audits
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