(GPC) Genuine Parts - Ratings and Ratios

Genuine Parts Company (NYSE:GPC) is a leading distributor of automotive and industrial replacement parts, operating through two core segments: the Automotive Parts Group and the Industrial Parts Group. The Automotive Parts Group specializes in providing parts, accessories, and solutions for a wide range of vehicles, including hybrid and electric vehicles, trucks, SUVs, buses, motorcycles, farm equipment, and heavy-duty equipment. This segment also offers a variety of automotive products such as brakes, batteries, filters, engine components, tools, accessories, and fluids. Additionally, it provides custom services, including paint mixing, hydraulic hose assembly, battery testing, and key cutting. The company operates a network of independent repair shops and auto care centers under the NAPA brand, complemented by NAPA Online, an e-commerce platform that allows customers to browse, purchase, and have automotive products delivered. NAPA Online also hosts DIY workshops and training sessions for customers.

The Industrial Parts Group focuses on distributing industrial supplies, including abrasives, adhesives, sealants, bearings, chemicals, cutting tools, electrical components, facility maintenance products, hose and fittings, hydraulics, janitorial supplies, mechanical power transmission components, pneumatics, process pumps, safety equipment, seals, gaskets, and tools and testing instruments. The group also offers a range of specialized services, such as inventory management, asset repair and tracking, vendor-managed inventory, radio frequency identification (RFID) asset management, gearbox and fluid power assembly and repair, process pump assembly and repair, drive shaft repair, electrical panel assembly and repair, and hose and gasket manufacturing and assembly. These services are designed to support industrial operations and enhance operational efficiency.

Genuine Parts Company was founded in 1928 and is headquartered in Atlanta, Georgia. The company has established itself as a key player in the distribution of automotive and industrial parts, with a strong market presence and a diverse product portfolio. Its extensive distribution network and commitment to customer service have enabled it to maintain a competitive position in the industry.