earnings
confidence high
sentiment neutral
materiality 0.65
GPC Q3 sales rise 4.2% to $6.5B; adjusted EPS $2.07; 2026 adjusted EPS outlook narrowed to $7.50-$7.75
GENUINE PARTS CO
- Sales $6.5B, up 4.2% YoY; net income $224M ($1.62 EPS) flat vs $226M ($1.62); adjusted EPS $2.07 vs $1.98, excluding $61M ($0.45/sh) restructuring and separation costs.
- Industrial sales $2.4B +6.1% with segment EBITDA $317M +11.2% and margin 13.2% (+60 bps); NA Automotive EBITDA fell 2.9% to $194M, margin 7.6% (-40 bps).
- International Automotive sales $1.6B +4.5%, EBITDA $141M +4.7%, margin 9.0% flat vs prior year; North America Automotive sales $2.5B, up 2.2%.
- 2026 adjusted EPS outlook narrowed to $7.50-$7.75 from $7.50-$8.00; GAAP EPS cut to $5.60-$5.85 from $5.90-$6.40; sales growth 3%-5.5% and free cash flow $550M-$700M reaffirmed.
- Planned separation into GPC and Motion remains on track for Q1 2027; nine-month operating cash flow $817M, free cash flow $502M, total liquidity $2.4B.