Genuine Parts Company · NYSE:GPC
Genuine Parts — Q1 2026 Earnings Presentation
23 slides from Genuine Parts's earnings presentation, Apr 21, 2026
Slide 1: First Quarter 2026 Earnings Presentation
First Quarter 2026 Earnings Presentation April 21, 2026
Slide 2: Safe Harbor Statement
Safe Harbor Statement FORWARD-LOOKING STATEMENTS: Some statements in this presentation, as well as in other materials the company files with the Securities and Exchange Commission (“SEC”), release to the public, or make available on the company's website, constitute forward-looking statements that a
Slide 3: GPC Snapshot
GPC Snapshot (as of 3/31/2026) Global Footprint Key Statistics TTM Revenue by Region Founded 1928 Headquarters Atlanta, GA Countries Served 17 Locations ~10,840 • Distribution Centers ~190 17% • Branches/Service Centers ~710 Europe • Retail (Owned/Independent) ~9,940 73% Employees 65,000+ North Amer
Slide 4: Key Messages
Key Messages ✓ We want to thank our GPC teammates around the world for their continued dedication to serving our customers ✓ Despite navigating a dynamic global environment, first quarter results came in ahead of our expectations ✓ The recent conflict in Iran did not have a material impact on our fi
Slide 5: Q1'26 Performance: GPC Executive Summary
Q1’26 Performance: GPC Executive Summary Global Sales Gross Margin Adj EBITDA1 Adj EBITDA Margin1 Adj Diluted EPS1 $6.3B 37.3% $496M 7.9% $1.77 Increased 6.8% Improved 20 bps Increased 4.8% Decreased 20 bps Increased 1.1% At March 31 As of March 31, 2026 Cash From Operations Working Capital2 Capital
Slide 6: Q1'26 Performance: Industrial
Q1’26 Performance: Industrial Total Sales Comp Sales1 Segment EBITDA2 Segment EBITDA Margin2 $2.3B +3.9% $314M 13.6% Increased 5.2% Increased 12.7% Improved 90 bps Accomplishments: ✓ Balanced growth across our large corporate account Market Total Sales3 customers and small to medium-sized local acco
Slide 7: Q1'26 Performance: Automotive
Q1’26 Performance: Automotive Total Sales Comp Sales1 Segment EBITDA2 Segment EBITDA Margin2 N. America Automotive $2.4B +2.2% $156M 6.6% Increased 4.3% Increased 6.3% Improved 10 bps Total Sales Comp Sales1 Segment EBITDA2 Segment EBITDA Margin2 International Automotive $1.6B +0.3% $145M 9.1% Incre
Slide 8: GPC Capital Allocation: Q1'26 and FY'26 Outlook
GPC Capital Allocation: Q1’26 and FY’26 Outlook YTD 2026 Capital Deployment Key Priorities Strategic Investments ✓ $98M YTD Capital Expenditures • Estimated $450M – $500M FY’26 Capital Expenditures 39% M&A 56% ~$255M ✓ $14M YTD Capital Deployed • Estimated $300M – $350M FY’26 M&A Capital Outlay Shar
Slide 9: GPC 2026 Outlook Reaffirmed: Total GPC
GPC 2026 Outlook Reaffirmed: Total GPC1 Total Sales Growth 3% to 5.5% Comp Sales Growth 2% to 4.5% Adj Gross Margin2 +40 bps to +60 bps Adj SG&A as a % of Sales2 (50) bps to (30) bps Adj EBITDA2 $2.0B to $2.2B Adj EBITDA Growth2 2% to 9% Diluted EPS $6.10 to $6.60 Adj Diluted EPS2 $7.50 to $8.00 Adj
Slide 10: GPC 2026 Outlook Reaffirmed: By Segment
GPC 2026 Outlook Reaffirmed: By Segment1 Automotive Industrial North America Automotive Industrial • Total Sales Growth 3% to 5% • Total Sales Growth 3% to 6% • Comp Sales Growth 1.5% to 3.5% • Comp Sales Growth 3% to 6% • EBITDA2 $700M to $730M • EBITDA2 $1.22B to $1.28B • EBITDA Growth2 5% to 9% •
Slide 11: Transaction Update Item: Standalone Costs and Dis-synergies
Transaction Update Item: Standalone Costs and Dis-synergies ✓ Dis-Synergies Expected to be Manageable With Opportunities to Optimize Over the $100M–$150M Incremental Medium-Term Run-Rate Cost as Part of ✓ Transition Services Agreements will be in Separation Place, as Needed, to Support Both Organiza
Slide 12: Appendix
Appendix 12
Slide 13: Other Information
Other Information Appendix A Comparable Sales: Comparable sales or “comp sales” is a key metric that refers to period-over-period comparisons of the company’s net sales excluding the impact of acquisitions, foreign currency and other. The company’s calculation of comparable sales is computed using t
Slide 14: Segment Data
Segment Data Appendix B North America Automotive Three Months Ended March 31, (in thousands) 2026 2025 Net sales $ 2,363,032 $ 2,264,781 Cost of goods sold 1,454,347 1,396,617 Gross profit 908,685 868,164 Operating expenses 752,480 721,169 EBITDA $ 156,205 $ 146,995 Gross margin 38.5% 38.3% Operatin
Slide 15: Segment Data
Segment Data Appendix B Industrial Three Months Ended March 31, (in thousands) 2026 2025 Net sales $ 2,316,392 $ 2,201,181 Cost of goods sold 1,605,334 1,535,594 Gross profit 711,058 665,587 Operating expenses 396,938 386,876 EBITDA $ 314,120 $ 278,711 Gross margin 30.7% 30.2% Operating expenses as
Slide 16: Segment Data
Segment Data Appendix B Reconciliation of Net Sales by Segment and Segment EBITDA to Net Income (Loss) 2026 2026 2025 (in thousands) TTM Q1 Q1 Q2 Q3 Q4 Net sales: North America Automotive $ 9,618,293 $ 2,363,032 $ 2,264,781 $ 2,444,377 $ 2,484,591 $ 2,326,293 International Automotive 6,043,975 1,585
Slide 17: Reconciliation of Non-GAAP Financial Measures
Reconciliation of Non-GAAP Financial Measures Appendix B Reconciliation of Net Income (Loss) to Adjusted EBITDA 2026 2026 2025 (in thousands) TTM Q1 Q1 Q2 Q3 Q4 GAAP net income $ 60,088 $ 188,535 $ 194,392 $ 254,880 $ 226,171 $ (609,498) Depreciation and amortization 553,616 131,028 115,435 123,018
Slide 18: Reconciliation of Non-GAAP Financial Measures (Cont.)
Reconciliation of Non-GAAP Financial Measures (Cont.) Appendix B Reconciliation of Net Income (Loss) to Adjusted Net Income 2026 2025 (in thousands) Q1 Q1 Q2 Q3 Q4 GAAP net income (loss) $ 188,535 $ 194,392 $ 254,880 $ 226,171 $ (609,498) Adjustments: Restructuring and other costs (1) 57,732 54,770
Slide 19: Reconciliation of Non-GAAP Financial Measures (Cont.)
Reconciliation of Non-GAAP Financial Measures (Cont.) Appendix B Reconciliation of Diluted Net Income (Loss) Per Common Share to Adjusted Diluted Net Income Per Common Share 2026 2025 (in thousands, except per share data) Q1 Q1 Q2 Q3 Q4 GAAP diluted net income (loss) per common share $ 1.37 $ 1.40 $
Slide 20: Reconciliation of Non-GAAP Financial Measures (Cont.)
Reconciliation of Non-GAAP Financial Measures (Cont.) Appendix B Reconciliation of Selling, Administrative & Other Expenses to Adj Selling, Administrative & Other Expenses Three Months Ended March 31, (in thousands) 2026 2025 GAAP selling, administrative and other expenses $ 1,856,830 $ 1,709,679 Ad
Slide 21: Reconciliation of Non-GAAP Financial Measures (Cont.)
Reconciliation of Non-GAAP Financial Measures (Cont.) Appendix B Reconciliation of Net Cash Provided by Operating Activities to Free Cash Flow (in thousands) Three Months Ended March 31, 2026 Net cash provided by operating activities $ 63,916 Purchases of property, plant and equipment (97,552) Free
Slide 22: Explanation of Adjustments
Explanation of Adjustments Appendix B (1) Restructuring and other costs: Adjustment reflects costs related to our global restructuring initiative which includes employee severance and other termination benefits, and the rationalization and optimization of certain distribution centers, stores and oth
Slide 23: GPC 2026 Outlook: U.S. Business Days
GPC 2026 Outlook: U.S. Business Days Appendix C U.S. Business Days* Q1 Q2 Q3 Q4 FY 2026 63 64 64 63 254 2025 63 64 64 63 254 Difference 0 0 0 0 0 *Our calculation of comparable sales is computed using total business days for the period, not calendar days. We believe a business day approach is a bett
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