Genuine Parts Company reported financial results for the third quarter ended September 30, 2026, showing a 4.2% increase in sales to $6.5 billion compared to the same period in the prior year. The company reported net income of $224 million, or $1.62 per diluted share, which remained flat year-over-year. Adjusted net income for the quarter was $286 million, or $2.07 per diluted share, excluding $61 million in after-tax adjustments related to restructuring and the planned business separation.
Segment performance varied across the company's three groups. The North America Automotive Parts Group saw sales of $2.5 billion, a 2.2% increase, though segment EBITDA decreased 2.9%. The International Automotive Parts Group reported sales of $1.6 billion, up 4.5%, with segment EBITDA increasing 4.7%. The Industrial Parts Group achieved the strongest growth, with sales of $2.4 billion, up 6.1%, and segment EBITDA rising 11.2%.
For the nine months ended September 30, 2026, total sales reached $19.3 billion, a 5.6% increase over the prior year. The company generated $817 million in cash flow from operations and $502 million in free cash flow during this period. As of September 30, 2026, the company reported total liquidity of $2.4 billion, consisting of $763 million in cash and $1.6 billion of available capacity under its revolving credit agreement.
In its updated full-year 2026 outlook, Genuine Parts Company narrowed the range for adjusted diluted earnings per share to $7.50 to $7.75, down from the previous range of $7.50 to $8.00. The company maintained its previous guidance for total sales growth of 3% to 5.5% and confirmed an effective tax rate of approximately 24%.
