EarningsQ2 2026 Earnings Report
MX:GPC Q2 2026 EPS Results
Actual EPS$37.24
Consensus EPS$35.96
Beat/MissBeat by +$1.28
One Year Ago EPS$36.37
MX:GPC Q2 2026 Revenue Results
Actual Revenue$113.23B
Expected Revenue$111.34B
Beat/MissBeat by +$1.88B
YoY Revenue Growth+6.04%
Earnings Announcement Details
QuarterQ2 2026
Date07/21/2026
TimeBefore Open
Conference CallTuesday, July 21, 2026
MX:GPC Upcoming Earnings
Genuine Parts Company's next earnings date is estimated for October 15, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
MX:GPC Q2 2026 Earnings Call
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Q2 2026 Earnings Slide Deck
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a predominately constructive operational and financial picture: company-wide sales growth (~6%), segment-level EBITDA growth across all businesses, gross margin expansion, improved industrial momentum, and clear progress toward the planned separation. These positives were tempered by ongoing inflationary pressures, expense growth (SG&A, healthcare, freight, rent), a measurable but contained Iran-related EBITDA headwind (~$16M in Q2 with $20–$30M expected for the remainder of the year), and modest moderation in Global Automotive demand and independent-owner performance. Management reaffirmed adjusted EPS guidance while incorporating prudent second-half assumptions and outlined estimated post-separation corporate cost allocations. Overall the highlights (broad-based sales and EBITDA growth, margin progress, cash generation, and separation progress) outweigh the lowlights (inflation, conflict-related costs, and some margin/owner-performance pressures), supporting a positive near-term outlook but with clear operational risks to monitor.Company Guidance
Total Company Sales Growth
Total GPC sales of $6.5 billion in Q2 2026, up approximately $400 million or ~6% versus Q2 2025, driven by higher sales across all segments and a 340 basis point improvement in comparable sales.
Adjusted EPS and Profitability
Adjusted earnings per share of $2.15 in Q2 versus $2.10 a year ago (≈+2.5%). Adjusted EBITDA increased 4% for the quarter.
Gross Margin Expansion
Adjusted gross margin improved by ~20 basis points to 37.9% year-over-year, driven by strategic pricing and sourcing initiatives.
Industrial (Motion) Outperformance
Industrial segment sales of $2.4 billion, up ~7% YoY (comparable sales +6%); price contribution ~2.5%. Industrial EBITDA rose ~10% to $316 million with margin of 13.1% (+30 bps YoY). Core MRO sales up ~7%; project-based sales up ~9% (strongest since Q1 2023).
North America Automotive Resilience
North America Automotive total sales up ~4% with comparable sales +2.6%; segment EBITDA $208 million, up 6% with margin 8.2% (+20 bps YoY). Company-owned store comps +4% (commercial +5.5%); NAPA system end-customer sales +3%.
International Automotive Progress
International Automotive total sales +8% (comparable sales +1%); segment EBITDA $150 million (up 6%) with margin 9.4%. European sales +4% in local currency with sequential improvement in the U.K. and Germany; APAC comps +1% with Repco named Australia's 2026 Major Retailer of the Year.
Cash Generation and Capital Deployment
Year-to-date cash from operations $464 million; net working capital improvement ~ $260 million; year-to-date capital expenditures $205 million to modernize supply chain/IT; $288 million returned to shareholders via dividends.
Progress Toward Separation
Separation of Global Automotive and Global Industrial on track for Q1 2027: standalone audit completed, confidential Form 10 expected later this summer, investor days planned for early December — significant milestone execution and governance planning underway.
Restructuring Savings Realized
Year-to-date restructuring costs $134 million with realized cost savings of $55 million, including ~$30 million in Q2, delivering an estimated $0.16 per share benefit in the quarter.
Affirmed Adjusted EPS Guidance
Reaffirming 2026 adjusted diluted EPS guidance of $7.50–$8.00 (≈+5% at midpoint vs. 2025) while providing updated assumptions for revenue, inflation and Iran-related costs.
MX:GPC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed