Genuine Parts
GPC · NYSEWholesale-Motor Vehicle Supplies & New Parts · Fiscal year ends Dec 31
Genuine Parts reported revenue of $24.3B in the fiscal year ended Dec 2025, up 3.5% from the year before. Net income was $66M. Operating cash flow of $891M less capital expenditure of $470M left free cash flow of $421M. Net debt was $3.4B.
Last 5 fiscal years
Revenue and net income
Income statement
| Fiscal year | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Revenue | $18.9B | $22.1B | $23.1B | $23.5B | $24.3B |
| Cost of revenue | $12.2B | $14.4B | $14.8B | $15B | $15.4B |
| Gross profit | $6.6B | $7.7B | $8.3B | $8.5B | $8.9B |
| Selling, general & admin | $5.2B | $5.8B | $6.2B | $6.6B | $7.2B |
| Interest expense | $62M | $74M | $64M | $97M | $164M |
| Pre-tax income | $1.2B | $1.6B | $1.7B | $1.2B | $52M |
| Income tax | $302M | $390M | $426M | $272M | −$14M |
| Net income | $899M | $1.2B | $1.3B | $904M | $66M |
| Diluted EPS | 6.23 | 8.31 | 9.33 | 6.47 | 0.47 |
| Diluted shares | 144M | 142M | 141M | 140M | 139M |
Balance sheet
| Fiscal year | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Cash & equivalents | $715M | $653M | $1.1B | $480M | $477M |
| Inventory | $3.9B | $4.4B | $4.7B | $5.5B | $6.1B |
| Current assets | $7.8B | $8.8B | $9.6B | $9.9B | $10.6B |
| Net PP&E | $1.2B | $1.3B | $1.6B | $2B | $2.2B |
| Goodwill | $1.9B | $2.6B | $2.7B | $2.9B | $3.2B |
| Total assets | $14.4B | $16.5B | $18B | $19.3B | $20.8B |
| Current liabilities | $6.6B | $7.7B | $7.8B | $8.5B | $9.8B |
| Short-term debt | $0 | $252M | $355M | $500M | $354M |
| Long-term debt | $2.4B | $3.1B | $3.6B | $3.7B | $3.5B |
| Shareholders' equity | $3.5B | $3.8B | $4.4B | $4.3B | $4.4B |
Cash flow
| Fiscal year | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Operating cash flow | $1.3B | $1.5B | $1.4B | $1.3B | $891M |
| Capital expenditure | $266M | $340M | $513M | $567M | $470M |
| Free cash flow | $992M | $1.1B | $923M | $684M | $421M |
| Depreciation & amortisation | $291M | $348M | $351M | $408M | $538M |
| Stock-based compensation | $26M | $38M | $57M | $41M | $49M |
| Acquisitions | $282M | $1.6B | $322M | – | – |
| Share buybacks | $334M | $223M | $261M | $150M | $0 |
| Dividends paid | $466M | $496M | $527M | $555M | $564M |
| Dividend per share | 3.26 | 3.58 | 3.80 | 4.00 | 4.12 |
Key ratios
| Fiscal year | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Revenue growth (YoY) | – | 17.1% | 4.5% | 1.7% | 3.5% |
| EPS growth (YoY) | – | 33.4% | 12.3% | −30.7% | −92.7% |
| Gross margin | 35.2% | 35.0% | 35.9% | 36.3% | 36.8% |
| Net margin | 4.8% | 5.4% | 5.7% | 3.8% | 0.3% |
| Return on equityBlank when equity is negative | 25.7% | 31.2% | 29.9% | 20.8% | 1.5% |
| Free cash flow margin | 5.3% | 5.1% | 4.0% | 2.9% | 1.7% |
| Cash conversion (CFO ÷ net income) | 1.40x | 1.24x | 1.09x | 1.38x | 13.5x |
| Inventory days | 116 | 113 | 115 | 135 | 144 |
| Debt ÷ equity | 0.69x | 0.88x | 0.89x | 0.98x | 0.87x |
| Net debtDebt − cash & equivalents; excludes investments; negative = net cash | $1.7B | $2.7B | $2.8B | $3.8B | $3.4B |
| Current ratio | 1.18x | 1.15x | 1.23x | 1.16x | 1.08x |
Recent filings
Standardised figures from the company's XBRL filings with the SEC (10-K, 10-Q). Line items follow US GAAP tags, so a company's own statement layout may differ and some lines show “–” where the company does not report that item. Ratios are calculated from these figures. For education only; not investment advice or a recommendation.