About Genuine Parts Company
Genuine Parts Company is a company based in Atlanta (United States) founded in 1928.. The company has 63,000 employees as of December 31, 2024. Genuine Parts Company has completed 10 acquisitions, including Alliance Automotive Group, Auto Acc. Garage and Auto-Camping. Genuine Parts Company offers products and services including Replacement Parts and Value-Added Solutions. Genuine Parts Company operates in a competitive market with competitors including Valvoline, AutoZone, Discount Tire, O'Reilly Auto Parts and Keystone Automotive Operations, among others.
- Headquarter Atlanta, United States
- Employees 63000 as on 31 Dec, 2024
- Stage Public
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Sectors
Transportation, Automotive & Logistics
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Genuine Parts Company
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Annual Revenue
$23.49 B1.71as on Dec 31, 2024
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Net Profit
$904.08 M-31.33as on Dec 31, 2024
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EBITDA
$1.89 B-9.83as on Dec 31, 2024
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Latest Funding Round
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Investors
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Employee Count
63000
as on Dec 31, 2024
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Investments & Acquisitions
Alliance Automotive Group
& 9 more
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IPO & Listings of Genuine Parts Company
Genuine Parts Company is a publicly listed company on the NYSE with ticker symbol GPC in USA, operating in the Distribution services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Genuine Parts Company
Genuine Parts Company offers a comprehensive portfolio of products and services, including Replacement Parts and Value-Added Solutions. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides parts for vehicle maintenance and industrial use.
Offers additional support for parts distribution needs.
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Software Development Team
134 people
Sales and Marketing
69 people
Leadership Team
55 people
Human Resources and Administration
40 people
Operations Team
26 people
Finance and Accounting
24 people
Senior Team
23 people
Product Management Team
20 people
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Funding Insights of Genuine Parts Company
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Genuine Parts Company
Genuine Parts Company has strategically engaged in corporate development activities, having acquired 10 companies. Notable acquisitions include Alliance Automotive Group, Auto Acc. Garage and Auto-Camping. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Online retailer of Automotive parts and accessories
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2005 | ||||
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Commercial vehicle batteries and related accessories are provided.
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2002 | ||||
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Light vehicle parts are distributed by Tms Motor Spares.
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1996 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Genuine Parts Company
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Genuine Parts Company Comparisons
Competitors of Genuine Parts Company
Genuine Parts Company operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Valvoline, AutoZone, Discount Tire, O'Reilly Auto Parts and Keystone Automotive Operations, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Lubricants and automotive services are marketed and supplied.
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| domain | founded_year | HQ Location |
Automotive replacement parts and accessories are retailed by AutoZone.
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| domain | founded_year | HQ Location |
Retailer offering tires, wheels, and accessories for vehicles online and in stores.
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| domain | founded_year | HQ Location |
Automotive parts, tools, cooling equipment, and accessories are retailed.
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| domain | founded_year | HQ Location |
Wholesale distribution and retail of automotive aftermarket accessories are conducted.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Genuine Parts Company
Frequently Asked Questions about Genuine Parts Company
When was Genuine Parts Company founded?
Genuine Parts Company was founded in 1928.
Where is Genuine Parts Company located?
Genuine Parts Company is headquartered in Atlanta, United States. It is registered at Atlanta, Georgia, United States.
Who is the current CEO of Genuine Parts Company?
William P Stengel is the current CEO of Genuine Parts Company.
How many employees does Genuine Parts Company have?
As of Dec 31, 2024, the latest employee count at Genuine Parts Company is 63,000.
What is the annual revenue of Genuine Parts Company?
Annual revenue of Genuine Parts Company is $23.49B as on Dec 31, 2024.
What does Genuine Parts Company do?
Provider of automotive and industrial replacement parts, and value-added solutions. It distributes a wide range of automotive parts and accessories for repair and maintenance, and supplies industrial products including bearings, automation, conveyance, hydraulics, fluid power, robotics, and related industrial supplies. It also provides additional services and solutions that complement its parts distribution, enhancing customer support and operational efficiency. In 2022, the company recorded annual revenues of 22.57B and a net profit of 1.24B.
Who are the top competitors of Genuine Parts Company?
Genuine Parts Company's top competitors include AutoZone, Valvoline and O'Reilly Auto Parts.
What products or services does Genuine Parts Company offer?
Genuine Parts Company offers Replacement Parts and Value-Added Solutions.
Is Genuine Parts Company publicly traded?
Yes, Genuine Parts Company is publicly traded on NYSE under the ticker symbol GPC.
How many acquisitions has Genuine Parts Company made?
Genuine Parts Company has made 10 acquisitions, including Alliance Automotive Group, Auto Acc. Garage, and Auto-Camping.
What is Genuine Parts Company's ticker symbol?
The ticker symbol of Genuine Parts Company is GPC on NYSE.