Genuine Parts (GPC) Q3 2026 Earnings
Excludes $64.5 million in restructuring and other costs, $21.2 million in separation costs, and $0.8 million in acquisition and integration related costs ($86.6 million total pre-tax adjustments, $61 million after-tax or $0.45 per diluted share)
How Did GPC Stock React to Q3 2026 Earnings?
Did GPC Beat Earnings? Q3 2026 Results
Yes. Genuine Parts reported Q3 2026 earnings of $2.07 a share on Oct 20, 2026, beating the $2.04 consensus estimate by 1.6%. Revenue was $6.5B against a $6.5B estimate.
Genuine Parts Company posted a solid if bittersweet third quarter, beating Wall Street expectations on both the top and bottom lines while a narrowed full-year outlook sent shares sliding roughly 8% in pre-market trading. The distributor of automotive and industrial parts reported adjusted EPS of $2.07 for Q3 2026, edging past the $2.04 consensus estimate by 1.63%, as revenue climbed 4.2% year over year to $6.52 billion against expectations of $6.49 billion. The standout driver was the Industrial segment, where 5.5% comparable sales growth lifted segment EBITDA margin 60 basis points to 13.2%, more than offsetting softer North America Automotive results. GAAP earnings were weighed down by $86.6 million in pre-tax charges tied to global restructuring and the planned separation of the automotive and industrial businesses into two independent publicly traded companies, targeted for Q1 2027. Looking ahead, management trimmed its full-year adjusted EPS guidance range to $7.50 to $7.75 from a prior $7.50 to $8.00, with the new midpoint landing just below analyst consensus, while maintaining its 3% to 5.5% total sales growth outlook.
- 2.9% comparable sales growth across all segments
- Industrial segment posted 5.5% comparable sales growth with EBITDA margin expansion of 60 basis points to 13.2%
- 0.9% benefit from acquisitions
- 0.4% net favorable impact from foreign currency and other
- North America Automotive EBITDA margin declined 40 basis points to 7.6%
“Our third quarter performance demonstrates the strength of our market leading businesses and our teams' continued focus on serving customers and executing our strategic priorities.”
Genuine Parts CEO, on the earnings call
What Is Genuine Parts's Outlook?
GPC narrowed its full-year 2026 adjusted diluted EPS outlook to $7.50–$7.75 (from $7.50–$8.00 previously) and GAAP diluted EPS to $5.60–$5.85 (from $5.90–$6.40). Total sales growth guidance is maintained at 3%–5.5%, with North America Automotive at 2.5%–4.5%, International Automotive at 5%–8%, and Industrial at 3%–6%. Effective tax rate is expected at approximately 24%. Operating cash flow is expected at $1.0–$1.2 billion, capital expenditures at $450–$500 million, and free cash flow at $550–$700 million. The planned separation of Global Automotive and Global Industrial into two independent companies remains on track for Q1 2027.
GPC YoY Financials
| Metric | Q3 2026 | Q3 2025 | Year over year |
|---|---|---|---|
| Revenue | $6.5B | $6.3B | +4.2% |
| Gross Profit | $2.5B | $2.3B | +6.1% |
| Operating Income | $365.5M | $334.3M | +9.3% |
| Net Income | $224.4M | $226.2M | −0.8% |
GPC Revenue by Segment
Figures from SEC filings and company reports. Not investment advice.