Genuine Parts Company (GPC) reported continued growth in its Motion-led Industrial segment during the third quarter of 2026, while reaffirming its timeline to separate the industrial and automotive businesses into two independent, publicly traded companies in early 2027.

GPC’s Industrial segment posted third-quarter sales of $2.41 billion, up 6.1% year-over-year, while comparable sales increased 5.5%. Segment EBITDA climbed 11.2% to $316.9 million, with EBITDA margin expanding 60 basis points to 13.2%.

The results followed 7.1% year-over-year Industrial sales growth in 2Q26, when comparable sales increased 6.1%.

GPC reported growth in 12 of its 14 industrial end markets during 3Q, with sequential improvement in eight. Its MRO business grew approximately 5%, supported by particular strength among large corporate accounts.

The company’s value-added solutions business grew nearly 10%, improving sequentially from the second quarter and extending its recent momentum.

Through the first nine months of 2026, Industrial sales increased 6.1% to $7.14 billion, while segment EBITDA rose 11.2% to $947.5 million.

Looking forward, GPC expects full year Industrial sales growth of 3-6%, unchanged from July.

Automotive Results

GPC’s North America Automotive business posted third-quarter sales of $2.54 billion, up 2.2% year-over-year, with comparable sales increasing 1.7%. Segment EBITDA declined 2.9% to $193.9 million, while EBITDA margin contracted 40 basis points to 7.6%.

International Automotive sales increased 4.5% to $1.57 billion, with comparable sales up 1.1%. Segment EBITDA rose 4.7% to $141.4 million, while margin held steady at 9.0%.

GPC cited continued strength in its company-owned U.S. stores and improving European comparable sales, particularly in the U.K., amid a cautious consumer environment.

Looking forward, GPC expects full year Automotive sales growth of 2.5-4.5%, unchanged from July.

Overall GPC Results and Separation Plans

GPC reported consolidated third-quarter sales of $6.52 billion, up 4.2% year-over-year. Adjusted EBITDA increased 4.2% to $548.7 million, with margin unchanged at 8.4%. Gross margin expanded 70 basis points to 38.1%.

The company maintained its full-year sales growth outlook of 3% to 5.5% and adjusted EBITDA guidance of $2.0 billion to $2.2 billion, while narrowing its adjusted earnings outlook.

Its Industrial outlook remained unchanged, calling for 3% to 6% sales growth and EBITDA of $1.22 billion to $1.28 billion.

GPC reaffirmed that its planned separation remains on track for completion in 1Q27. Following its recent announcement of post-separation leadership teams, the company scheduled investor days for Dec. 8-9 in New York City to outline the standalone businesses’ strategies.