Genuine Parts Co. (GPC) financial statements: income statement, balance sheet and cash flow
Genuine Parts Co.'s income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), Genuine Parts Co. reported revenue of $24.3B (+3.5% year on year) and net income of $65.9M (-92.7% year on year).
Income statement
Genuine Parts Co. income statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Net sales
$24.3B
$23.5B
$23.1B
$22.1B
Cost of goods sold
$15.4B
$15.0B
$14.8B
$14.4B
Gross profit
$8.9B
$8.5B
$8.3B
$7.7B
Selling, administrative and other expenses
$7.2B
$6.6B
$6.2B
$5.8B
Depreciation and amortization
$538.0M
$408.0M
$350.5M
$347.8M
Provision for doubtful accounts
$37.0M
$30.0M
$25.9M
$19.8M
Restructuring and other costs
$254.0M
$213.5M
—
—
Total operating expenses
$8.0B
$7.3B
$6.5B
$6.1B
Interest expense, net
$163.5M
$96.8M
$64.5M
$73.9M
Pension settlement charge
$742.0M
—
—
—
Other
$3.0M
($43.6M)
($59.8M)
($32.3M)
Total non-operating expenses
$908.5M
$53.2M
$4.7M
$41.6M
Income before income taxes
$52.2M
$1.2B
$1.7B
$1.6B
Income tax expense (benefit)
($13.8M)
$271.9M
$425.8M
$389.9M
Net income
$65.9M
$904.1M
$1.3B
$1.2B
Genuine Parts Co. income statement, quarters
Line item
Sep 30, 2026 · Q3
Jun 30, 2026 · Q2
Mar 31, 2026 · Q1
Sep 30, 2025 · Q3
Net sales
$6.5B
$6.5B
$6.3B
$6.3B
Cost of goods sold
$4.0B
$4.1B
$3.9B
$3.9B
Gross profit
$2.5B
$2.5B
$2.3B
$2.3B
Selling, administrative and other expenses
$1.9B
$1.9B
$1.9B
$1.8B
Depreciation and amortization
$137.5M
$134.7M
$131.0M
$127.5M
Provision for doubtful accounts
$9.2M
$11.0M
$7.1M
$6.9M
Restructuring and other costs
$64.5M
$71.1M
$57.7M
$66.8M
Total operating expenses
$2.2B
$2.1B
$2.1B
$2.0B
Interest expense, net
$46.0M
$45.8M
$44.0M
$40.3M
Other
$3.9M
($3.3M)
($3.1M)
$2.3M
Total non-operating expense
$49.8M
$42.5M
$40.9M
$42.6M
Income before income taxes
$278.6M
$293.8M
$245.4M
$291.7M
Income taxes
$54.2M
$66.3M
$56.9M
$65.5M
Net income
$224.4M
$227.6M
$188.5M
$226.2M
Basic earnings per share (in dollars per share)
$1.63
$1.65
$1.37
$1.63
Diluted earnings per share (in dollars per share)
$1.62
$1.65
$1.37
$1.62
Balance sheet
Genuine Parts Co. balance sheet, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Cash and cash equivalents
$477.2M
$480.0M
$1.1B
$653.5M
Trade accounts receivable, net
$2.4B
$2.2B
$2.2B
$2.2B
Merchandise inventories, net
$6.1B
$5.5B
$4.7B
$4.4B
Prepaid expenses and other current assets
$1.6B
$1.7B
$1.6B
$1.5B
Total current assets
$10.6B
$9.9B
$9.6B
$8.8B
Goodwill
$3.2B
$2.9B
$2.7B
$2.6B
Other intangible assets, net
$1.9B
$1.8B
$1.8B
$1.8B
Property, plant and equipment, net
$2.2B
$2.0B
$1.6B
$1.3B
Operating lease assets
$2.1B
$1.8B
$1.3B
$1.1B
Other assets
$929.6M
$1.0B
$949.5M
$847.3M
Total assets
$20.8B
$19.3B
$18.0B
$16.5B
Trade accounts payable
$6.1B
$5.9B
$5.5B
$5.5B
Short-term borrowings
$943.5M
—
—
—
Current portion of debt
$353.8M
$541.7M
$355.3M
$252.0M
Other current liabilities
$2.3B
$1.9B
$1.8B
$1.9B
Dividends payable
$143.3M
$134.4M
$132.6M
$126.2M
Total current liabilities
$9.8B
$8.5B
$7.8B
$7.7B
Long-term debt
$3.5B
$3.7B
$3.6B
$3.1B
Operating lease liabilities
$1.7B
$1.5B
$979.9M
$836.0M
Pension and other post-retirement benefit liabilities
$219.3M
$218.6M
$219.6M
$197.9M
Deferred tax liabilities
$385.9M
$441.7M
$437.7M
$391.2M
Other long-term liabilities
$724.4M
$544.1M
$536.2M
$503.0M
Preferred stock, par value $1 per share — authorized 10,000,000 shares; none issued
$0.00
$0.00
$0.00
$0.00
Common stock, par value $1 per share — authorized 450,000,000 shares; issued and outstanding — 2025 — 137,617,832 shares and 2024 — 138,779,664 shares
$137618000.00
$138780000.00
$139567000.00
$140941000.00
Additional paid-in capital
$228.4M
$196.5M
$173.0M
$140.3M
Accumulated other comprehensive loss
($511.8M)
($1.3B)
($976.9M)
($1.0B)
Retained earnings
$4.6B
$5.3B
$5.1B
$4.5B
Total parent equity
$4.4B
$4.3B
$4.4B
$3.8B
Noncontrolling interests in subsidiaries
$17.4M
$14.4M
$15.9M
$14.1M
Total equity
$4.4B
$4.4B
$4.4B
$3.8B
Total liabilities and equity
$20.8B
$19.3B
$18.0B
$16.5B
Genuine Parts Co. balance sheet, quarters
Line item
Sep 30, 2026
Jun 30, 2026
Mar 31, 2026
Sep 30, 2025
Cash and cash equivalents
$763.2M
$559.1M
$500.0M
$431.4M
Trade accounts receivable, less allowance for doubtful accounts (2026 – $92,230; 2025 – $85,537)
$2.6B
$2.7B
$2.5B
$2.6B
Merchandise inventories, net
$6.4B
$6.3B
$6.1B
$5.9B
Prepaid expenses and other current assets
$1.6B
$1.6B
$1.7B
$1.7B
Total current assets
$11.5B
$11.1B
$10.9B
$10.7B
Goodwill
$3.2B
$3.2B
$3.2B
$3.1B
Other intangible assets, less accumulated amortization
$1.7B
$1.8B
$1.8B
$1.9B
Property, plant and equipment, less accumulated depreciation (2026 – $2,349,284; 2025 – $2,137,108)
$2.2B
$2.2B
$2.1B
$2.1B
Operating lease assets
$2.1B
$2.0B
$2.1B
$2.0B
Other assets
$872.3M
$856.8M
$891.8M
$982.3M
Total assets
$21.5B
$21.1B
$21.0B
$20.7B
Trade accounts payable
$6.4B
$6.3B
$6.2B
$6.1B
Short-term borrowings
$388.1M
$752.5M
$1.2B
$910.8M
Current portion of long-term debt
$250.0M
$250.0M
$356.2M
$101.9M
Dividends payable
$148.1M
$148.1M
$147.8M
$143.3M
Other current liabilities
$2.2B
$2.1B
$2.1B
$2.1B
Total current liabilities
$9.4B
$9.5B
$10.0B
$9.4B
Long-term debt
$4.5B
$4.0B
$3.5B
$3.7B
Operating lease liabilities
$1.7B
$1.7B
$1.7B
$1.6B
Pension and other post–retirement benefit liabilities
$218.8M
$219.8M
$219.5M
$222.4M
Deferred tax liabilities
$368.4M
$379.0M
$374.2M
$428.3M
Other long-term liabilities
$703.5M
$717.3M
$737.3M
$470.1M
Preferred stock, par value – $1 per share; authorized – 10,000,000 shares; none issued
$0.00
$0.00
$0.00
$0.00
Common stock, par value – $1 per share; authorized – 450,000,000 shares; issued and outstanding – 2026 – 137,864,682 shares; 2025 – 137,617,832 shares
$137865000.00
$137860000.00
$137625000.00
$139111000.00
Additional paid-in capital
$259.5M
$244.6M
$240.2M
$217.1M
Accumulated other comprehensive loss
($518.5M)
($548.5M)
($513.5M)
($1.1B)
Retained earnings
$4.8B
$4.7B
$4.6B
$5.5B
Total parent equity
$4.6B
$4.5B
$4.5B
$4.8B
Noncontrolling interests in subsidiaries
$9.9M
$17.8M
$16.8M
$18.5M
Total equity
$4.7B
$4.5B
$4.5B
$4.8B
Total liabilities and equity
$21.5B
$21.1B
$21.0B
$20.7B
Cash flow statement
Genuine Parts Co. cash flow statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Net income
$65.9M
$904.1M
$1.3B
$1.2B
Depreciation and amortization
$538.0M
$408.0M
$350.5M
$347.8M
Pension settlement
$742.0M
—
—
—
First Brands credit loss allowance
$150.5M
—
—
—
Deferred income taxes
($257.0M)
($18.6M)
$42.1M
$2.2M
Share-based compensation
$48.8M
$40.7M
$57.2M
$38.1M
Gains on sales of real estate
($28.3M)
($43.0M)
$0
($102.8M)
Other operating activities
$11.1M
$47.5M
($41.6M)
$18.4M
Trade accounts receivable, net
($77.4M)
($50.9M)
$32.0M
($244.4M)
Merchandise inventories, net
($208.2M)
($440.5M)
($69.1M)
($380.4M)
Trade accounts payable
($132.7M)
$512.3M
$2.0M
$676.4M
Operating lease right-of-use asset
$482.1M
$634.4M
—
—
Other current and noncurrent assets
($279.1M)
($122.9M)
—
—
Operating lease current and noncurrent liabilities
($484.6M)
($662.6M)
—
—
Other current and noncurrent liabilities
$319.5M
$42.9M
—
—
Net cash provided by operating activities
$890.8M
$1.3B
$1.4B
—
Purchases of property, plant and equipment
($469.8M)
($567.3M)
($512.7M)
($339.6M)
Proceeds from sale of property, plant and equipment
$52.3M
$122.4M
$25.1M
$145.0M
Acquisitions of businesses
($318.3M)
($1.1B)
($309.5M)
($1.7B)
Proceeds from divestitures of businesses
$914.0K
$1.6M
$10.8M
$33.6M
Proceeds from sale of investment
$0
$0
$80.5M
—
Proceeds from settlement of net investment hedge
$0
$16.0M
$0
$158.4M
Other investing activities
$23.3M
$0
—
—
Net cash used in investing activities
($711.6M)
($1.5B)
($705.8M)
—
Proceeds from debt
$1.1B
$895.3M
$3.8B
$5.1B
Payments on debt
($1.0B)
($496.2M)
($3.2B)
($4.1B)
Net proceeds of commercial paper
$342.8M
—
—
—
Shares issued from employee incentive plans
-16.7M
-16.9M
-24.1M
—
Dividends paid
($563.8M)
($554.9M)
($526.7M)
($495.9M)
Purchase of stock
$0
($150.0M)
($261.5M)
($222.7M)
Other financing activities
($23.0M)
($11.3M)
($11.0M)
($19.7M)
Net cash used in financing activities
($209.3M)
($333.9M)
($292.2M)
—
Effect of exchange rate changes on cash and cash equivalents
$27.3M
($31.8M)
$10.9M
($49.1M)
Net (decrease) increase in cash and cash equivalents
($2.8M)
($622.0M)
$448.5M
($61.2M)
Cash and cash equivalents at beginning of year
$480.0M
$1.1B
$653.5M
$714.7M
Cash and cash equivalents at end of year
$477.2M
$480.0M
$1.1B
$653.5M
Income taxes
$211.2M
$264.6M
$366.3M
$362.9M
Interest
$191.3M
$125.0M
$90.4M
$73.4M
Genuine Parts Co. cash flow statement, quarters
Line item
Sep 30, 2026 · YTD
Jun 30, 2026 · YTD
Mar 31, 2026 · Q1
Sep 30, 2025 · YTD
Net income
$640.5M
$416.1M
$188.5M
$675.4M
Depreciation and amortization
$403.2M
$265.7M
$131.0M
$365.9M
Share-based compensation
$45.1M
$29.7M
$12.2M
$37.2M
Other operating activities, including changes in operating assets and liabilities
($272.2M)
($247.4M)
($267.8M)
($574.1M)
Net cash provided by operating activities
$816.6M
$464.1M
$63.9M
$510.7M
Purchases of property, plant and equipment
($314.5M)
($205.4M)
($97.6M)
($350.4M)
Proceeds from sale of property, plant and equipment
$28.1M
$17.9M
$14.6M
$21.1M
Acquisitions of businesses
($69.5M)
($37.6M)
($13.8M)
($182.0M)
Proceeds from divestitures of businesses
$6.9M
$6.7M
$6.3M
—
Other investing activities
($12.1M)
($9.6M)
($2.4M)
$23.4M
Net cash used in investing activities
($361.1M)
($228.0M)
($92.9M)
($488.0M)
Proceeds from debt
$1.3B
$791.2M
$254.8M
$44.6M
Payments on debt
($997.8M)
($926.3M)
($300.3M)
($567.4M)
Net proceeds of commercial paper
$45.0M
$338.9M
$263.5M
$886.2M
Shares issued from employee incentive plans
-13.7M
-13.3M
-304.0K
-16.3M
Dividends paid
($434.4M)
($288.0M)
($141.7M)
($420.6M)
Other financing activities
($29.3M)
($26.7M)
($19.3M)
($20.2M)
Net cash used in financing activities
($139.0M)
($124.2M)
$56.7M
($93.7M)
Effect of exchange rate changes on cash and cash equivalents
($30.6M)
($30.0M)
($4.9M)
$22.3M
Net increase (decrease) in cash and cash equivalents