# Genuine Parts Company

**Source:** https://geo.sig.ai/brands/genuine-parts-company  
**Vertical:** Consumer Retail  
**Subcategory:** Enterprise  
**Tier:** Leader  
**Website:** genuine-parts-company.com  
**Last Updated:** 2026-04-14

## Summary

Atlanta automotive and industrial distribution (NYSE: GPC) ~$23.5B FY2024 revenue; NAPA Auto Parts 6,100+ stores, Motion Industries MRO, EV transition adaptation competing with AutoZone and O'Reilly.

## Company Overview

Genuine Parts Company is an Atlanta, Georgia-based distribution company — publicly traded on the New York Stock Exchange (NYSE: GPC) as an S&P 500 Consumer Discretionary component — distributing automotive replacement parts, industrial parts and supplies, and electrical/electronic materials through approximately 60,000 employees across four segments: Automotive Parts Group (NAPA Auto Parts brand in North America — 6,100+ company-owned and independent NAPA stores, 500+ NAPA Auto Care service centers), EIS (electrical/electronic wire, connectors, and insulation materials distribution), S.P. Richards (office products distribution — sold in 2019), and Motion Industries (industrial parts and MRO distribution — motion control, hydraulic components, power transmission equipment for manufacturing customers). In fiscal year 2024, Genuine Parts reported revenues of approximately $23.5 billion (+2% organic growth), with the Automotive segment generating approximately $13.7 billion and the Industrial segment (Motion Industries) generating approximately $8.9 billion, as the company navigated softness in both automotive aftermarket (new vehicle sales higher, reducing older vehicle repair frequency) and industrial MRO (manufacturing activity slowing in some sectors). CEO Will Stengel (joined as CEO in 2023, previously COO) leads GPC's strategy of accelerating the value-added service model: NAPA Auto Care (where NAPA acts as the preferred parts supplier to a network of independent auto repair shops) ties the repair shop customer to NAPA through commercial account pricing, parts return programs, and customer lead generation — creating commercial fleet account relationships rather than commodity transaction-based distribution. The EV parts transition (electric vehicle brake pad reduction — less regenerative braking wear — and absence of oil changes, spark plugs, and transmission fluid service) creates a long-term product mix challenge for automotive aftermarket distributors that GPC is addressing through EV-specific parts category expansion (EV charging components, high-voltage battery service training, EV-specific lubricants and fluids).

Genuine Parts Company's distribution model creates competitive advantages through the NAPA brand's commercial parts supplier network effects: an independent auto repair shop (Joe's Auto Repair in Omaha) using NAPA as its primary parts supplier benefits from NAPA's 99%+ in-stock fill rate for fast-moving parts (keeping the shop productive without waiting for parts deliveries), same-day or next-morning delivery for non-stock parts from NAPA distribution center network, and NAPA's nationwide parts availability (a repair shop receiving a vehicle from an out-of-state customer can access the vehicle's repair history if the previous shop also used NAPA). The Motion Industries industrial distribution segment (bearings, power transmission, fluid power components for factory MRO) serves tens of thousands of manufacturing facilities with technical applications engineering support (specifying the right bearing replacement for a specific industrial application) that commodity online MRO marketplaces (Amazon Business, Grainger) cannot replicate for complex technical situations. GPC's international expansion (NAPA operations in Europe through Alliance Automotive Group acquisition — 2,400+ locations in France, Germany, Poland, UK) provides geographic diversification from the US automotive aftermarket cycle.

In 2025, Genuine Parts competes in automotive aftermarket distribution and industrial MRO against AutoZone (NYSE: AZO, $17.5B revenue, retail and commercial auto parts), O'Reilly Automotive (NASDAQ: ORLY, $16.7B revenue, auto parts retail and commercial), and W.W. Grainger (NYSE: GWW, $17B revenue, industrial MRO distribution) for automotive parts commercial shop accounts, industrial MRO supply agreements, and same-day delivery speed-of-service competition. The commercial automotive business (NAPA's B2B sales to fleet operators, repair shops, and dealerships) is the strategic priority where GPC differentiates from O'Reilly and AutoZone through the independent NAPA store network's local relationships and commercial account programs. GPC's Motion Industries benefits from reshoring and nearshoring manufacturing activity in the US (semiconductor fab, EV battery factory, and industrial facility construction driving MRO demand for new facility buildouts). The 2025 strategy focuses on NAPA Auto Care network expansion (converting independent repair shops to NAPA preferred parts accounts), EV parts category development, and Motion Industries digital platform investment (online ordering, predictive MRO inventory management tools for manufacturing customers).

## Frequently Asked Questions

### What does Genuine Parts Company do?
Genuine Parts Company is a global distributor of automotive and industrial replacement parts operating through two primary business segments: the Automotive Parts Group (NAPA Auto Parts) and the Industrial Parts Group (Motion Industries). The company distributes over 450,000 automotive parts through 3,100 company-owned and 1,400 independently owned NAPA stores, plus 18,000+ NAPA Auto Care centers. Motion Industries operates approximately 760 locations distributing industrial bearings, power transmission equipment, and automation products. GPC serves retail, professional, and industrial customers across North America, Europe, and Australasia.

### Who are Genuine Parts Company's main customers?
GPC serves three primary customer segments: DIY retail customers who purchase parts for personal vehicle maintenance and repair; professional installers including independent repair shops, dealerships, and fleet maintenance operations who require rapid parts delivery and technical support; and industrial customers including manufacturers, production facilities, and maintenance operations that purchase bearings, power transmission equipment, and automation products through Motion Industries. Professional and commercial customers represent a significant majority of revenue, with NAPA's commercial business serving thousands of repair facilities nationwide.

### When was Genuine Parts Company founded?
Genuine Parts Company was founded in 1928 by brothers Carlyle and Malcolm Fraser, who purchased Motor Parts Depot in Atlanta, Georgia for $40,000. Carlyle Fraser had previously co-founded the National Auto Parts Association (NAPA) trade association in 1925. The company went public in 1948 and has been continuously listed on the New York Stock Exchange for over 75 years, making it one of the oldest and most established companies in the automotive aftermarket industry.

### Where is Genuine Parts Company headquartered?
Genuine Parts Company is headquartered in Atlanta, Georgia, where it was originally founded in 1928. The company operates over 10,700 locations across 17 countries in North America (United States, Canada, Mexico), Europe (through Alliance Automotive Group), and Australasia. Major distribution centers and regional offices are strategically located throughout these markets to support rapid parts delivery and customer service.

### How much revenue does Genuine Parts Company generate?
Genuine Parts Company generated $23.5 billion in revenue for fiscal year 2024, representing a 1.71% increase from 2023. The Automotive Parts Group contributed approximately $3.7 billion in Q1 2024, while the Industrial Parts Group (Motion Industries) generated approximately $2.1 billion. The company produced $1.3 billion in operating cash flow and $684 million in free cash flow for the twelve months ending December 31, 2024.

### What makes Genuine Parts Company different from competitors?
GPC differentiates itself through the strength of the NAPA brand, one of the most recognized names in automotive parts; an extensive distribution network with over 10,700 locations ensuring rapid parts availability; 69 consecutive years of dividend increases demonstrating financial stability; dual-segment diversification across automotive and industrial markets reducing cyclical exposure; superior supply chain and logistics capabilities enabling same-day delivery for professional customers; and value-added services including free battery testing, paint mixing, and hydraulic hose assembly. The company's scale, brand recognition, and long-standing supplier relationships create significant competitive advantages.

### Who are Genuine Parts Company's main competitors?
In automotive parts distribution, GPC competes primarily with AutoZone (6,451 locations, market leader in DIY), O'Reilly Auto Parts (6,192 locations), and Advance Auto Parts (4,478 locations). NAPA has approximately 5,604 locations and holds a strong position in the professional installer/commercial segment. In industrial distribution, Motion Industries competes with Applied Industrial Technologies, MSC Industrial Supply, and W.W. Grainger. GPC's dual-segment model provides diversification that pure-play automotive or industrial distributors lack.

### How can I contact Genuine Parts Company?
Genuine Parts Company can be reached through its corporate website at www.genpt.com. The company's headquarters is located in Atlanta, Georgia. For NAPA Auto Parts store locations and services, visit www.napaonline.com and use the store locator to find the nearest of 4,500+ NAPA stores. For Motion Industries locations and industrial products, visit www.motionindustries.com. Investor relations inquiries can be directed through the investor relations section of the corporate website. Each business segment maintains customer service teams for product inquiries and technical support.

### Is Genuine Parts Company hiring?
Yes, Genuine Parts Company actively recruits talent across its 10,700+ locations in 17 countries. With approximately 60,000 employees worldwide, GPC offers career opportunities in retail store operations, distribution center management, commercial sales, technical support, supply chain and logistics, corporate functions, and field service roles. The company provides competitive compensation, flexible work arrangements for eligible positions, service anniversary awards, ongoing training and development, and clear advancement pathways. Career opportunities are posted on jobs.genpt.com and individual business unit career pages.

### What is the latest news about Genuine Parts Company?
Recent major developments include the February 2025 announcement of full-year 2024 revenue of $23.5 billion and a 3% dividend increase marking the 69th consecutive year of dividend growth. In Q3 2025, the company reported sales of $6.3 billion (up 4.9% year-over-year) and updated full-year guidance to 3-4% sales growth. In May 2024, GPC acquired Motor Parts & Equipment Corporation, adding 181 NAPA stores across the Midwest. In June 2024, Will Stengel became CEO, succeeding Paul Donahue who became Executive Chairman.

### What is Genuine Parts Company's market position?
Genuine Parts Company is the third-largest automotive parts retailer in the United States by store count (5,604 NAPA locations) behind AutoZone and O'Reilly, but holds the leading position in the professional installer/commercial segment where approximately 60% of NAPA sales come from professional mechanics and repair facilities. The company has a market capitalization of approximately $19.2 billion and trades on the New York Stock Exchange under ticker symbol GPC. GPC is an S&P 500 constituent and is recognized as a Dividend Aristocrat with 69 consecutive years of dividend increases.

### What are Genuine Parts Company's future plans?
GPC is focused on expanding its automotive and industrial distribution networks through strategic acquisitions, investing in e-commerce and digital platforms to enhance customer experience and operational efficiency, expanding product offerings for hybrid and electric vehicles as automotive technology evolves, implementing global restructuring initiatives expected to deliver approximately $200 million in annualized cost savings by 2026, and continuing its commitment to shareholder returns through dividend growth and share repurchases. The company is also modernizing supply chain and logistics infrastructure to improve parts availability and delivery speed.

## Tags

b2c, retailtech, public

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*Data from geo.sig.ai Brand Intelligence Database. Updated 2026-04-14.*