GPC · 10-K filed 20 Feb 2026 · year to 31 Dec 2025

Genuine Parts

34 named things its latest annual report says its results depend on, each in the company's own words. 13 of them are also named by other companies we've read.

Read the filing on SEC.gov ↗

Customers

Industrial national account customers

earns from · approximately 45% of our annual sales

Our national account customers collectively represent approximately 45% of our annual sales and highlight the trust and lasting partnership that set Motion apart in the industry.Business (Item 1)

Independently-owned NAPA stores

earns from · 65% independently-owned stores

We serve our customers through 6,864 locations across the U.S. and Canada, with a mix of approximately 35% company-owned and 65% independently-owned stores.Business (Item 1)

Guarantees of independently owned automotive parts stores' borrowings

insures or lends tonamed as a risk

We also guarantee the borrowings of certain independently owned automotive parts stores and certain other affiliates in which we have a non-controlling equity ownership interest.Risk factors (Item 1A)

Suppliers

U.S. Automotive top 10 suppliers

depends on · approximately 55% of the 2025 U.S. Automotive inventory

Our U.S. Automotive business offers over one million parts sourced from hundreds of suppliers, with approximately 55% of the 2025 U.S. Automotive inventory purchased from 10 major suppliers.Business (Item 1)

Motion top 50 strategic suppliers

depends on · approximately 45% of purchases

Motion has access to over 10 million replacement parts that are sourced from nearly 40,000 different suppliers, with approximately 45% of purchases coming from our top 50 strategic suppliers.Business (Item 1)

North America Automotive key vendor Chapter 11 bankruptcy

depends onnamed as a risk

For example, in September 2025, one of the key vendors for our North America Automotive segment filed for Chapter 11 bankruptcy.Risk factors (Item 1A)

Partners and platforms

NAPA brand

depends on

The NAPA brand is integral to our North America and International operations, serving as a symbol of quality and reliability.Business (Item 1)

Other companies

Proposed separation of Global Automotive and Global Industrial

named as a risk

On February 17, 2026, following a comprehensive strategic and operational review by our Board of Directors and management team, we announced our intention to separate the Company into two independent, publicly traded companies: Global Automotive and Global Industrial.Risk factors (Item 1A)

ISM Purchasing Managers Index

named as a risk

changes in manufacturing reflected in the level of the Institute for Supply Management’s Purchasing Managers Index, as an index reading of 50 or more implies an expanding manufacturing economy, while a reading below 50 implies a contracting manufacturing economy;Risk factors (Item 1A)

Competitors

AutoZone, Inc.

competes with

Key competitors in North America include AutoZone, Inc., O'Reilly Auto Parts, Inc., Advance Auto Parts, Inc., and LKQ Corporation, among others.Business (Item 1)

Also named by AAP, ORLY

LKQ Corporation

competes with

Internationally, competitors include LKQ Corporation, which has a strong presence in Europe, and Bapcor in Australasia, among many others.Business (Item 1)

Also named by CPRT

O'Reilly Auto Parts, Inc.

competes with

Key competitors in North America include AutoZone, Inc., O'Reilly Auto Parts, Inc., Advance Auto Parts, Inc., and LKQ Corporation, among others.Business (Item 1)

Advance Auto Parts, Inc.

competes with

Key competitors in North America include AutoZone, Inc., O'Reilly Auto Parts, Inc., Advance Auto Parts, Inc., and LKQ Corporation, among others.Business (Item 1)

Bapcor

competes with

Internationally, competitors include LKQ Corporation, which has a strong presence in Europe, and Bapcor in Australasia, among many others.Business (Item 1)

Applied Industrial Technologies, Inc.

competes with

In industrial distribution, our main competitor is Applied Industrial Technologies, Inc., but we also compete against Fastenal Company, and W.W. Grainger, Inc, among many other smaller, regional competitors.Business (Item 1)

Fastenal Company

competes with

W.W. Grainger, Inc.

competes with

Places

Europe

operates in · 16%

In 2025, we had net sales of $24.3 billion, with revenues distributed approximately 74% in North America, 16% in Europe and 10% in Australasia.Business (Item 1)

Also named by ADSK, AME, AMRC, ATR, BCSF, BKNG, BMI, BMY and 60 more

North America

concentrated in · approximately 74%

In 2025, we had net sales of $24.3 billion, with revenues distributed approximately 74% in North America, 16% in Europe and 10% in Australasia.Business (Item 1)

Also named by ALSN, AOS, BMI, CAG, CAT, CHRW, CLS, CPB and 19 more

Australasia

operates in · 10%

In 2025, we had net sales of $24.3 billion, with revenues distributed approximately 74% in North America, 16% in Europe and 10% in Australasia.Business (Item 1)

Hazards

Russia-Ukraine conflict

named as a risk

While we do not have operations in Russia or Ukraine, retaliatory measures such as this have created, and may continue to create, global security concerns that could result in broader military and political conflicts, further disrupt global automotive supply chains and otherwise have a substantial impact on regional and global economies, any or all of which could adversely affect our business, particularly our European operations.Risk factors (Item 1A)

Also named by ABT, ADM, ARWR, CAG, CDRE, DOW, EMN, FDX and 14 more

Asbestos liability lawsuits

named as a risk

For example, we are party to, among other litigation, numerous pending asbestos liability lawsuits relating to our national distribution of automotive parts and supplies sold primarily before 1991, many of which involve claims of personal injury allegedly resulting from the use of automotive parts distributed by us.Risk factors (Item 1A)

Commodities and inputs

Euro

exposed to its price · approximately $867 millionnamed as a risk

During 2025 and 2024, it was estimated that a 10% shift in exchange rates between those foreign functional currencies and the U.S. dollar would have impacted translated net sales by approximately $867 million and $829 million, respectively.Market risk (Item 7A)

Also named by ABBV, ABNB, ABT, ADBE, ADI, AME, AMG, AMGN and 186 more

Canadian dollar

exposed to its pricenamed as a risk

For the periods presented, our principal foreign currency exchange exposures are the Euro, the primary functional currency of our European operations; the Canadian dollar, the functional currency of our Canadian operations; and the Australian dollar, the primary functional currency of our Australasian operations.Market risk (Item 7A)

Also named by ABBV, ADBE, AMG, AYI, BBY, BWXT, CBRE, CDRE and 67 more

Australian dollar

exposed to its pricenamed as a risk

Foreign currency exchange exposure, in regard to the Australian and Canadian dollar, negatively impacted our results, while the Euro positively impacted our results for the year ended December 31, 2025.Market risk (Item 7A)

Also named by ADBE, BEN, BF/B, BTU, CSGP, EEFT, EZPW, HRB and 13 more

Gasoline

exposed to its pricenamed as a risk

gas prices, as increases in gas prices may deter consumers from using their vehicles;Risk factors (Item 1A)

Also named by ADM, APG, BJ, CART, COST, DRVN, EME, FIX and 2 more

Regulators

Internal Revenue Service

subject tonamed as a risk

the risk that, if the Internal Revenue Service determines that certain steps of the proposed separation do not qualify for tax-free treatment for U.S. federal income tax purposes, the Company and its shareholders could incur significant tax liabilities;Risk factors (Item 1A)

Also named by AAPL, ABNB, ADI, AJG, AMGN, BBSI, BMNR, BRO and 39 more

Laws and programs

U.S. tariffs on imports from China

subject to · additional 20% tariffnamed as a risk

Additionally, in the first half of 2025, the United States imposed increased tariffs on foreign imports into the United States, including an additional 20% tariff on all product imports from China, an additional 25% tariff on all product imports from Mexico and Canada, as well as additional proposed tariffs on other countries.Risk factors (Item 1A)

Also named by DCI, KEYS, PDFS, TSCO

U.S. tariffs on imports from Mexico and Canada

subject to · additional 25% tariffnamed as a risk

A/R Sales Agreement

exposed to its price · $10 millionnamed as a risk

Based on our variable-rate debt and derivative instruments outstanding as of December 31, 2025 and 2024, we estimate that a 100 basis point increase in interest rates would have an immaterial impact in 2025 and 2024 and would increase the fees on our A/R Sales Agreement by $10 million.Market risk (Item 7A)

U.S. Foreign Corrupt Practices Act

subject tonamed as a risk

As a global business, we are also subject to many laws governing international relations and our international operations, including laws such as the U.S. Foreign Corrupt Practices Act that prohibit improper payments to government officials and commercial customers and that restrict where we can do business, what information or products we can import and export to and from certain countries and what information we can provide to a non-U.S. government.Risk factors (Item 1A)

Also named by A, ADBE, ADP, AIR, AJG, ALB, AME, AMZN and 112 more

Supply chain finance program

depends onnamed as a risk

Accordingly, maintaining an investment grade rating is important, as it helps reduce our borrowing costs and facilitates financing programs important to our business operations, including our supply chain finance program.Risk factors (Item 1A)

1954 NAPA consent decree (Federal District Court, Detroit)

subject to

Additionally, we comply with a consent decree, entered by the Federal District Court in Detroit, Michigan, on May 4, 1954 that prohibits certain anticompetitive practices, including exclusive manufacturer agreements, territorial restrictions, price fixing, and uniform policies regarding customer selection among former NAPA members.Business (Item 1)

Technology

Electric vehicles

named as a risk

the addition of electric vehicles, hybrid vehicles, ride sharing services, alternative transportation means and autonomously driven vehicles and future legislation, including incentivizing the purchase of electric and hybrid vehicles, related thereto, may result in reduced need for parts;Risk factors (Item 1A)

Also named by AAP, ALB, AZO, BWA, LKQ, ON, PRM, SUN and 1 more