通用配件 2025年度报告

Genuine Parts Company Established in 1928, Genuine Parts Company is a leading global service provider of automotive and industrialreplacement parts and value-added solutions. Our Automotive Parts Group operates across North America,Europe and Australasia, while our Industrial Parts Group serves customers across North America andAustralasia. We keep the world moving with a vast network of over 10,800 locations spanning 17 countriessupported by more than 65,000 teammates. 2 0 2 5K E Y M E T R I C S United States: 65%Europe: 17%Canada: 8%Australasia: 10%Mexico: <1% 37.5%,+90bps1AdjustedGross MarginThird consecutive yearof expansion $7.371AdjustedDiluted Earningsper share $24.3BRevenueUp 3.5% year over year $560M+Returned toShareholdersin the form of dividends $4.12, +3.0%2025 Dividendper share $470MInvested Backinto the business FEBRUARY 20, 2026 To Our Stakeholders Across our businesses, 2025 was a year of balancing revenuegrowth and investments in strategic initiatives while navigatingcontinued headwinds in global market conditions and shifts intariffs and global trade dynamics. Through it all, we remainedcommitted to our purpose:We Keep the World Moving. Thisprinciple continues to guide how GPC conducts business andshapes our strategies and investments as a trusted partner to ourcustomers, suppliers and communities. Will Stengel Chair-Elect & Chief Executive Officer customer spending on capital projects. Motion outperformed the marketdespite the headwinds. This performance was driven by proactivestrategic actions and enabled by Motion’s diverse end markets, extensiveproduct offering and its focus on customer service, technical expertiseand solutions-based selling. As we begin 2026, we have taken a significant step forward in fulfillingour purpose by announcing our intent to separate our Automotive andIndustrial businesses into two independent, industry-leading publiclytraded companies. This separation is expected to unlock significantshareholder value and enhance strategic clarity, operational focus andfinancial performance for both companies. Throughout all business cycles, Motion remains focused on providingexcellent customer service while continuously seeking ways to enhancethe customer experience. For example, as customers were havingto adapt to evolving trade policies, Motion’s technology team built aproprietary digital tariff calculator that helps our customers understandtheir specific exposure to tariffs and the solutions we can offer to helpthem problem-solve. We’re also pleased to see continued progress withreturns from our digital investments as we work to create a seamless,embedded, and personalized digital experience for our diverse customerbase. E-commerce, which mostly represents our customer digitalintegrations, as well as Motion.com, continues to deliver outsized growthdriven by specific data and product enhancements that leverage GenAI.In 2025, e-commerce sales at Motion were approximately 45% ofrevenue, up over 800 basis points from the prior year. In 2025, we continued to build on our track record through disciplinedexecution, improving operating performance and prudent long-termcapital stewardship, and we are incredibly proud of the effort ofour global team during a dynamic year. While 2025 was marked byheadwinds from tariffs and global trade regulation, elevated interest ratesand a cautious consumer, our mindset remained ‘controlling what wecan control’. Our teams adapted to working in fluid environments andremained resilient and determined. Together, we proactively managedthe business through an inflationary cost environment, all while stayingcommitted to serving our customers. Paul Donahue |Executive Chairman &Will Stengel |President & CEOWe grew revenue in 2025 by 3.5% driven by winning new business anddelivering excellent customer service, expanded gross margin for thethird consecutive year, and invested more than $450 million primarilyacross supply chain and technology. Collectively, these investmentsreflect a deliberate effort to enhance operating productivity and enableprofitable growth across our Automotive and Industrial businesses, allaimed at creating a better customer experience. During the year, Motion produced segment EBITDA of $1.1 billion,representing 12.9% of sales, up 30 basis points from 2024. The Motionteam operated with discipline, navigating a sluggish demand environmentwhile offsetting pressures from cost inflation. Our disciplined approach to capital allocation remained a definingcharacteristic of GPC in 2025, anchored by our framework to reinvestin the business, strengthen our strong balance sheet and maintain ourlong-standing commitment of returning capital to shareholders. In 2025,we returned over $560 million to shareholders in the form of dividends.Increasing the dividend remains a hallmark of the company, as evidencedby our Board’s recent approval to raise the dividend by 3.2% to $4.25per share on an annualized basis. This marks the 70t