Genuine Parts Q3 FY2026: sales up 4.2%, margins widen, EPS flat
Genuine Parts delivered a solid quarter rather than a spectacular one: sales rose 4.2% to $6.52 billion and gross margin widened to 38.1%, yet GAAP EPS stayed flat at $1.62 while North America Automotive profit fell. The read-across is that cost control and mix are working while the largest segment stalls. View: Neutral.
1 · Expected vs. Actual
Free preview belowGAAP diluted EPS was $1.62, exactly flat with the $1.62 reported a year ago, and net income slipped to $224.4 million from $226.2 million. Adjusted EPS was $2.07 versus $1.98, with the $0.45 per share gap to GAAP covering $61 million of after-tax restructuring and separation costs. In other words, the underlying business improved, but the accounting cost of splitting the company absorbed the gain.
Sales of $6.52 billion rose 4.2% from $6.26 billion a year earlier, split between 2.9% comparable growth, a 0.9% acquisition lift and a 0.5% currency tailwind offset by a 0.3% drag from other items. Gross margin climbed to 38.1% from 37.4%, so more of each sales dollar survived the cost of goods line. Industrial did the heavy lifting at $2.41 billion, up 6.1%, while North America Automotive grew only 2.2% to $2.54 billion.
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Figures on this page come from the company's original SEC filings. The analysis is generated automatically and checked against validation rules, but may still contain errors or omissions. Not investment advice. · Generated 2026-10-20
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