GPC

Genuine Parts Company (GPC) distributes automotive and industrial replacement parts through an extensive network across North America, Europe, and Australasia. Headquartered in Atlanta, Georgia, the company operates through two primary segments: Automotive Parts Group and Industrial Parts Group. The Automotive segment, which includes the NAPA brand with over 5,800 stores and distribution centers, serves professional installers, retailers, and consumers with replacement parts, accessories, and service center operations. The Industrial segment distributes bearings, power transmission components, hydraulic and pneumatic products, and other maintenance supplies to manufacturing and industrial facilities. GPC generates approximately $23 billion in annual revenue and employs around 50,000 people worldwide. The company maintains a position as one of North America's largest distributors in both the automotive and industrial aftermarket sectors. Recent strategic initiatives include accelerating digital capabilities, expanding e-commerce platforms, and optimizing its distribution network for improved efficiency. GPC strengthened its automotive presence through the 2022 acquisition of Kaman Distribution Group, enhancing its industrial motion and fluid power capabilities. The company operates as a service-oriented distributor rather than a manufacturer, leveraging long-standing supplier relationships and its extensive logistics infrastructure to maintain competitive advantages in fragmented aftermarket industries. GPC has paid consecutive dividends for over 60 years, reflecting its stable cash generation model.