Genuine Parts Company Reaffirms 2026 Adjusted Earnings Per Share Outlook

Genuine Parts Company (GPC) announced second quarter 2026 results, reporting sales of $6.5 billion, a 6.0% increase compared to the prior year. Net income was $228 million, or $1.65 per diluted share. Adjusted earnings per share were $2.15, up from $2.10 in the same period last year.

The company reaffirmed its full-year 2026 outlook for adjusted diluted earnings per share to remain between $7.50 and $8.00. Year-to-date sales reached $12.8 billion, a 6.4% increase from the prior year. GPC is currently undergoing a global restructuring and plans to separate its automotive and industrial parts businesses.

Segment performance showed North America Automotive Parts Group sales increasing by 3.8%, International Automotive Parts Group by 8.2%, and the Industrial Parts Group by 7.1%. Segment EBITDA margins varied, with the industrial segment demonstrating the strongest growth.

Will Stengel, Chairman and CEO of Genuine Parts Company, stated that the teams performed well in a dynamic global environment. The company anticipates the separation of its businesses to be completed in the first quarter of 2027. Operating cash flow for the first six months was $464 million, and the company held total liquidity of $2.3 billion as of June 30, 2026.