Genuine Parts Company reported its 2025 first quarter financial results on April 22, which showed an increase in sales year-over-year that was supported by acquisitions. Meanwhile, year-over-year sales slightly regressed for its industrial parts subsidiary, Motion, though they technically improved sequentially.
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Industrial Parts
GPC reported that 1Q sales at Birmingham, AL-based MRO supplies distributor Motion totaled $2.2 billion, down 0.4% year-over-year. The decline was attributed to a 0.7% decline in comparable sales and a 1.0% unfavorable impact of foreign currency, partially offset by a 1.3% benefit from acquisitions.
Sequentially, 1Q sales were up compared to 4Q24’s 1.2% decline. 1Q25 had one less selling day than a year earlier, while 1Q25 comparable sales also improved sequentially from 4Q24’s 1.7% decline
Meanwhile, Motion’s 1Q segment EBITDA was $279 million on margin of 12.7%, up 10 basis points year-over-year and a sequential jump from 4Q24’s 7.8%.
In updating its 2025 full year outlook, GPC maintained its forecast of 2 to 4% for Industrial Parts that it issued in its 4Q report from Feb. 18.
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Automotive
GPC’s Automotive segment — which does business as NAPA Auto Parts — reported 1Q global sales of $3.7 billion, up 2.5% year-over-year. The gain consisted of a 4.1% benefit from acquisitions, offset partially by a 0.8% decrease in comparable sales and a 0.8% unfavorable impact of foreign currency and other. Comparable sales grew by approximately 0.9%.
Meanwhile, segment EBITDA of $286 million declined 10.7% year-over-year, with segment EBITDA margin of 7.8% down 110 bps year-over-year.
Like for Industrial Parts, GPC maintained its full-year revenue growth outlook of 2 to 4% for Automotive.
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Overall 1Q
GPC reported overall 1Q sales of $5.9 billion, up 1.4% year-over-year. The increase was attributed to a 3.0% benefit from acquisitions, partially offset by a 0.8% decline in comparable sales and a 0.8% net unfavorable impact of foreign currency. Comparable sales grew approximately 1.1% year-over-year.
Net income for the quarter was $194 million, down compared to $249 million in 1Q24, while adjusted net income of $194 million was likewise down year-over-year.
“We had a solid start to 2025, despite the tariffs and trade dynamics that are impacting the operating landscape,” GPC President and CEO Will Stengel said in the company’s financial release. “We remain focused on what we can control — excellent customer service and our strategic initiatives to improve the business. I am proud of our teammates across the globe and want to thank them for their dedication to serving our customers.”
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