Short answer
Genuine Parts Company (GPC) filed its fiscal 2025 10-K annual report with the SEC on Feb 20, 2026. It reported revenue of $24.3B (+3.5% year over year) and net income of $66M.
- Top risk flagged: Legal risk: First Brands’ Chapter 11 bankruptcy in Sept 2025 causing $150.5M credit loss reserve on receivables
FY2025 key financial metrics · XBRL
- Revenue
- $24.3B
- +3.5% YoY
- Net income
- $66M
- −92.7% YoY
- Gross margin
- 36.8%
- +0.5 pp YoY
- EPS (diluted)
- $0.47
- −92.7% YoY
- ROE
- 1.5%
- −19.4 pp YoY
- Operating cash flow
- $891M
- −28.8% YoY
Source: XBRL data from the Genuine Parts Company (GPC) FY2025 10-K on SEC EDGAR. USD.
Genuine Parts Company FY2025 10-K analysis
AI summary of each section, grounded in the filing text
Business Overview
- Core business: global distribution of automotive and industrial replacement parts with value-added solutions across 10,800+ locations
- New strategic move: announced planned separation into two independent public companies (Global Automotive and Global Industrial) targeted Q1 2027
- Geographic revenue split 2025: 74% North America, 16% Europe, 10% Australasia, reflecting diversified global footprint
- Net sales $24.3 billion in 2025, emphasizing scale and market leadership in fragmented industries
- Separation structured as expected tax-free transaction for shareholders, pending approvals and regulatory conditions
Management Discussion & Analysis
- Revenue $24.3B, up 3.5% YoY driven by acquisitions and slight comparable sales growth in all segments
- Gross margin improved 50 bps to approximately 23.1% (implied from text) due to pricing, sourcing, and acquisitions
- Net income $66M, down 92.7% YoY due to $742M pension settlement, $151M credit losses, $103M asbestos liability, and higher costs
- Best segment: all three showed slight comparable sales growth; no specific segment outperforming disclosed
- Tariff-related cost inflation increased SG&A and gross margin pressure; technology and supply chain investments raised depreciation and interest expenses
Risk Factors
- Legal risk: First Brands’ Chapter 11 bankruptcy in Sept 2025 causing $150.5M credit loss reserve on receivables
- Macroeconomic risk: Soft demand in Europe and contractionary U.S. manufacturing PMI pressuring Industrial segment sales
- Operational risk: Elevated asbestos-related product liability costs increased by $103M due to adverse claim trends
- Competitive risk: Acquisition of Benson Auto Parts expands Canadian presence, countering competition in key Ontario and Quebec markets
- Financial risk: $742M one-time pension settlement charge in 2025 related to U.S. qualified defined benefit plan settlement
Generated from the filing text; verify against the original. How to read a 10-K
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