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It’s no secret that the automotive aftermarket is a male-dominated industry. Times are changing, of course, and women are finding more opportunities in the aftermarket – and flourishing in them. (Look no further than our annual “Women at the Wheel” series for myriad examples.)

Still, overcoming deeply entrenched attitudes and biases can be an uphill struggle – even for the Counter Professional of the Year.

Amanda Balk, manager of the Auto Value store in Thorp, Wisconsin, credits Automotive Parts Headquarters (APH) for supporting her professional development and making her feel like she’s part of the APH family. But, earlier in her career, she hit a temporary roadblock: a former manager who believed that women had no place in the aftermarket – or behind the counter.

“He didn’t have a whole lot of faith, so he kept me pretty busy with driving and doing a lot of other stuff,” says Balk. “I wasn’t on the counter much at first.”

As things got busier, Balk got more time behind the counter. After leaving the business briefly, she returned to the store as a full-fledged counter person – with a different manager at the helm. Since then, the accolades have been piling up for Balk.

In 2014, APH recognized her as the Auto Value Counterperson of the Year. In 2020, Balk was the Auto Value Impact Player of the Year.

Earlier this year, APH named Balk the 2021 Auto Value Store Manager of the Year. Balk has been managing the Auto Value store in Thorp since June 2019.

Now, Balk can add another award to her mantle: the 2022 Counter Professional of the Year, sponsored by WIX Filters.

Balk’s accomplishments come as no surprise to Matt Koxlien, regional manager for Auto Value in western and northern Wisconsin. Koxlien has been working with Balk since he joined the company in 2017.

“The first thing you notice, of course, is that her conversational skills are off the charts,” Koxlien says. “She’s super easy to talk to. She treats everybody as if she’s known them for years, even if she’s meeting them for the first time.”

As a former technician, Balk brings a high automotive IQ to each interaction, and she “really speaks the language” – whether the customer is looking for “tractor parts or complex driveline components.”

“She couples all of that ability with a great personality,” Koxlien adds. “So it’s a pretty easy interaction for our customers.”

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Photo by Mark Trockman

Balk’s approach to customer service is built on honesty, transparency and integrity – bedrock Midwestern values that resonate with customers in this rural community. 

“You listen to what your customers want and need, and try to go into it with an open mind,” Balk explains. “If the answer isn’t right there in front of you, sometimes you have to dig a little bit for it.”

As much as counter pros love to say “yes” every time, prioritizing the customer’s best interests over anything else means you might have to “direct them to the next place” from time to time, Balk adds.

“You might tell them, ‘I could keep looking for this, but I know where you can find it quicker. If you go to the hardware store down the street, they can probably fix you up with the small-engine parts, because they have small-engine repair there.’ People love that around here, because we’re a small community.

“We want people to get the right part and get it as soon as they can. And sometimes we’re not the fastest place. Just being honest with them is huge. And I think people look at that as [not being] afraid to help somebody else’s business besides ourselves.” 

Established in 1876, the city of Thorp is located along Wisconsin Highway 29 between Eau Claire and Wausau. According to the U.S. Census Bureau, Thorp has a population of 1,795 residents, as of the 2020 census.

Balk grew up in the area, graduating from Holcombe High School in 2004. Her deep roots in the community certainly play to her advantage – as does her passion for motorsports. In her younger years, Balk restored and raced snowmobiles with her dad. Over the past decade or so, she and her husband, Josh (better known as “Cowboy”) have been active in truck and tractor pulling. Their 14-year-old son, Landen – who started pulling on garden tractors when he was 4 – helps out too, and the Balks hope that he’ll be pulling on a full-size tractor next season.

When they’re not pulling, they’re riding their Harley motorcycles as a family.  

“If you drew a 40-mile circle [around the Thorp area], anybody who would be interested in any of those types of things, she would know them,” Koxlien says of Amanda’s passion for motorsports. “And she always remembers them. So it’s a pretty darn easy transaction once you already know the person, or even if it seems like she does – because you can hardly tell if she knows them or not. She treats them all the same way.”

Finding a Niche

APH, a member of the Aftermarket Auto Parts Alliance, specializes in rural markets such as Thorpe. With Balk’s “style of doing business, coupled with what we do best in our company” – as Koxlien puts it – the Thorpe Auto Value store is thriving.

“That location has always done really well,” Koxlien says. “To think that we could be seeing numbers that are substantially higher than what they were when were operating before she [became manager] is just amazing. She’s put another digit on the right side of the decimal point.”

How do you move the needle in a county that’s known for having twice as many cows as people? (Or should we say, how do you mooove the needle?) Of course, it starts with great customer service, which Balk and her team deliver on a daily basis.

Going above and beyond to make sure their customers get the right part in the right place at the right time isn’t so much above and beyond for the store’s nine employees – it’s the norm. They’ve delivered hydraulic fluid to broken-down semi-trucks on the side of the highway. Recently, they delivered an alternator to a customer who was stranded in a parking lot.

“If a shop is on the way home, and they need something first thing in the morning, we’ll swing by and drop it off,” says Balk, who estimates that 70% of the store’s business comes from DIFM customers. “We’re all pretty good about that.”

Another way to grow the business is branching out into new parts categories – like paint and body.

“The store never had a paint-and-body presence, to speak of,” Koxlien says. “She taught herself the paint business, and she’s taking advantage of that. Now it’s a pretty good part of our business.”

At the end of the day, though, it all comes down to relationships.

“She feeds off of the relationships with the customers,” Koxlien says. “She takes pride in getting to know people really well, and understanding what they need. It’s almost like mind-reading with some of her customers, she’s been doing business with them for so long.”

Writing on the Wall

Balk never thought she’d make a career out of selling auto parts. Looking back on her childhood, though, you might say the writing was on the wall from an early age.

As a kid, the Wisconsin native spent a lot of time on her aunt and uncle’s dairy farm. Often, Balk’s uncle called upon her to help fix a piece of equipment that required “little hands” to remove or install a bolt or some other part. Once, when the shifter on a four-wheeler broke off, she took it upon herself to weld it back in place. She was 12.

“We still have that four-wheeler,” Balk says. “My aunt gave it to me. The shifter that I welded back on when I was 12 is still there.”

From her stepdad, she learned how to prep cars for the demolition derby, essentially by gutting them of wiring and electronics, among other items. “I learned how to take ‘em apart the wrong way and put ‘em back together the wrong way,” Balk recalls.

Meanwhile, her dad insisted that if she wanted to get her driver’s license, she needed to learn how to fix a flat tire, change the oil and perform other basic maintenance. Balk, who “liked that stuff to being with,” didn’t hesitate to enroll in an auto shop class. She admits: “That’s probably how I graduated high school, honestly.”

Balk gives a lot of credit to her mom for instilling a strong work ethic. “She worked her butt off all the time to make sure my sister and I had what we wanted.” It was a two-way street, though. Balk, for example, was interested in sports, and her mom expected to see A’s and B’s in school if she wanted to participate – whether it was practice or a game. “That made me work hard for what I wanted.”

After graduating in 2004, Balk was a technician at a local Dodge dealership. When the dealership went through an ownership change, the new owners sent many of the employees packing. So, in 2006, Balk got a job at a NAPA Auto Parts store.

At the time, the job at NAPA was just that – a job. There were only two employees, so Balk worked the counter, made deliveries and did anything else that was needed. “It would get a little stressful when we were busy,” Balk recalls. “On the other side of it, it was really fun. Every day was different.”

Management Material

Balk joined Auto Value in 2010, establishing herself as a capable counter pro who connected with the local clientele. “I know the community,” she explains. “I’m involved with the people here. I know most of them from when I grew up as a kid here.”

In June 2019, Auto Value promoted her to store manager. Balk had been helping the previous manager with scheduling, paperwork and other duties, so the transition was fairly smooth. Still, it was a new role, and she leaned on Koxlien quite a bit in the beginning.

“Matt has been my go-to for everything,” Balk says. “Honestly, I was scared my first year as a manager. If I had a question, I would call him all the time, ‘How do I deal with this?’ That little bit of reassurance that I was on the right track really helped me get better. Sometimes you just need that person to tell you you’re on the right path. Any time I’ve had questions or concerns, he’s always helped me.”

Given “her personality and her standing in the community,” Koxlien says he didn’t have the slightest doubt that she would succeed as store manager.

“The interactions with her co-workers – many of whom are now her employees – are just as positive as the day I met her and I met them,” he says. “She builds a family-style environment. They move very quickly; they move from transaction to transaction. They’re always taking care of each other, and she sets the tone for the whole culture within the store.”

Balk tends to lead by example. She works the counter every day, alongside the other team members. She maintains her ASE P2 certification and encourages her employees to get certified, but she doesn’t push too hard, “because they’re all really good at what they do.”

In general, she tries not to be the manager who pushes too hard.

“It’s kind of like raising a kid,” Balk explains. “Sometimes you have to let a person fail a little bit on their first go-round. If a mistake happens, it can be a good thing because it’s a learning opportunity. Let’s learn from that mistake.”

For Balk, the awards and recognition have been gratifying, especially when she thinks back to that former manager who didn’t see a place for women on the parts counter. (She’s the type of person who works twice as hard when someone tells her she can’t do something.) Still, Balk gets just as much satisfaction from seeing her entire team excelling. “It’s satisfying when you see all the numbers at the end of the month,” she says. “There are a lot of ups to being a manager. You get recognition, but recognition also comes with a great team. That’s why I always say it’s not all me. We have a great team.” 

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            Three Months Ended
      December 31,
        Twelve Months Ended
      December 31,
      (in thousands, except per share data)
        2025
        2024
        2025
        2024
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        $  5,770,173
        $ 24,300,141
        $ 23,486,569
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        3,699,957
        15,359,443
        14,962,954
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        2,070,216
        8,940,698
        8,523,615
      Operating expenses:
                      Selling, administrative and other expenses
        1,864,241
        1,698,117
        7,151,043
        6,642,900
      Depreciation and amortization
        172,095
        112,130
        538,023
        407,978
      Provision for doubtful accounts
        16,669
        10,993
        37,020
        30,001
      Restructuring and other costs
        86,644
        59,695
        253,961
        213,520
      Total operating expenses
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        1,880,935
        7,980,047
        7,294,399
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        45,737
        29,398
        163,506
        96,827
      Pension settlement charge
        741,967
        —
        741,967
        —
      Other
        3,590
        (7,110)
        3,010
        (43,579)
      Total non-operating expenses
        791,294
        22,288
        908,483
        53,248
      Income (loss) before income taxes
        (829,719)
        166,993
        52,168
        1,175,968
      Income tax expense (benefit)
        (220,221)
        33,937
        (13,777)
        271,892
      Net income (loss)
        $    (609,498)
        $     133,056
        $       65,945
        $     904,076
      Dividends declared per common share
        $           1.03
        $           1.00
        $           4.12
        $           4.00
      Basic earnings (loss) per share
        $          (4.39)
        $           0.96
        $           0.47
        $           6.49
      Diluted earnings (loss) per share
        $          (4.39)
        $           0.96
        $           0.47
        $           6.47
                        Weighted average common shares outstanding
        138,903
        138,858
        138,945
        139,208
      Dilutive effect of stock options and non-vested restricted
           stock awards
        —
        414
        305
        462
      Weighted average common shares outstanding —
           assuming dilution
        138,903
        139,272
        139,250
        139,670
       
      View News Release Full Screen GENUINE PARTS COMPANY AND SUBSIDIARIES
      SEGMENT INFORMATION
      (UNAUDITED)
        The following table presents a reconciliation from EBITDA to net income (loss):
            Three Months Ended
      December 31,
        Twelve Months Ended
      December 31,
      (in thousands)
        2025
        2024
        2025
        2024
      Net sales:
                      North America Automotive
        $ 2,326,293
        $ 2,272,631
        $ 9,520,042
        $ 9,212,238
      International Automotive
        1,485,358
        1,395,702
        5,858,566
        5,556,895
      Industrial
        2,197,764
        2,101,840
        8,921,533
        8,717,436
      Segment EBITDA:
                      North America Automotive
        129,061
        149,999
        672,182
        715,530
      International Automotive
        129,091
        134,845
        544,173
        568,001
      Industrial
        294,558
        270,954
        1,146,422
        1,102,188
      Corporate EBITDA (1)
        (94,044)
        (121,911)
        (357,175)
        (389,217)
      Interest expense, net
        (45,737)
        (29,398)
        (163,506)
        (96,827)
      Depreciation and amortization
        (172,095)
        (112,130)
        (538,023)
        (407,978)
      Other unallocated costs
        (1,070,553)
        (125,366)
        (1,251,905)
        (315,729)
      Income (loss) before income taxes
        (829,719)
        166,993
        52,168
        1,175,968
      Income tax benefit (expense)
        220,221
        (33,937)
        13,777
        (271,892)
      Net income (loss)
        $    (609,498)
        $     133,056
        $       65,945
        $     904,076
        (1)   Corporate EBITDA consists of costs related to the company's Corporate headquarters' broad support to the company's business units and other
             costs that are managed centrally and not allocated to business segments. These include personnel and other costs for company-wide functions
             such as executive leadership, human resources, technology, cybersecurity, legal, corporate finance, internal audit, and risk management, as well
             as product liability costs and A/R Sales Agreement fees.
       
      The following table presents a summary of the other unallocated costs:
            Three Months Ended
      December 31,
        Twelve Months Ended
      December 31,
      (in thousands)
        2025
        2024
        2025
        2024
      Other unallocated costs:
                      Restructuring and other costs (2)
        $      (86,644)
        $      (59,695)
        $    (253,961)
        $    (221,007)
      Acquisition and integration related costs and other (3)
        —
        (4,075)
        (14,035)
        (33,126)
      Inventory rebranding strategic initiative (4)
        —
        (61,596)
        —
        (61,596)
      Asbestos-related product liability (5)
        (103,352)
        —
        (103,352)
        —
      Pension settlement (6)
        (741,967)
        —
        (741,967)
        —
      First Brands credit loss allowance (7)
        (150,500)
        —
        (150,500)
        —
      Retirement obligation and other (8)
        11,910
        —
        11,910
        —
      Total other unallocated costs
        $ (1,070,553)
        $    (125,366)
        $ (1,251,905)
        $    (315,729)
        (2)   Amount reflects costs related to the company's global restructuring initiative which includes a voluntary retirement offer in the U.S. in 2024, and rationalization
             and optimization of certain distribution centers, stores and other facilities.
      (3)   Amount primarily reflects lease and other exit costs related to the integration of acquired independent automotive stores.
      (4)   Amount reflects a charge to write down certain existing inventory associated with a new global rebranding and relaunch of a key tool and equipment offering.
             The existing inventory that will be liquidated is comprised of otherwise saleable inventory, and the liquidation does not arise from the company's normal,
             recurring operational activities.
      (5)   Amount reflects a remeasurement of the company's asbestos-related product liability for a revised estimate of the number of claims to be incurred in future
             periods based on adverse current year changes in the claims environment, among other assumptions.
      (6)   Amount reflects a pension charge related to the settlement of the company's U.S. qualified defined benefit plan (U.S. pension plan).
      (7)   Amount reflects a charge for expected credit losses on volume purchase rebates and other amounts due from First Brands, a key automotive supplier who
             filed for Chapter 11 bankruptcy.
      (8)   Amount reflects certain nonroutine charges recorded during the quarter ended December 31, 2025, including a charge related to certain asset retirement
             obligations.
       
      GENUINE PARTS COMPANY AND SUBSIDIARIES
      CONSOLIDATED BALANCE SHEETS
      (UNAUDITED)
            As of December 31,
      (in thousands, except share and per share data)
        2025
        2024
      Assets
              Current assets:
              Cash and cash equivalents
        $     477,179
        $     479,991
      Trade accounts receivable, net
        2,370,939
        2,182,856
      Merchandise inventories, net
        6,071,996
        5,514,427
      Prepaid expenses and other current assets
        1,644,620
        1,675,310
      Total current assets
        10,564,734
        9,852,584
      Goodwill
        3,188,815
        2,897,270
      Other intangible assets, net
        1,855,714
        1,799,031
      Property, plant and equipment, net
        2,172,140
        1,950,760
      Operating lease assets
        2,084,487
        1,769,720
      Other assets
        929,650
        1,013,340
      Total assets
        $ 20,795,540
        $ 19,282,705
                Liabilities and equity
              Current liabilities:
              Trade accounts payable
        $  6,051,882
        $  5,923,684
      Short-term borrowings
        943,540
        41,705
      Current portion of debt
        353,788
        500,000
      Other current liabilities
        2,295,204
        1,925,636
      Dividends payable
        143,291
        134,355
      Total current liabilities
        9,787,705
        8,525,380
      Long-term debt
        3,498,423
        3,742,640
      Operating lease liabilities
        1,739,478
        1,458,391
      Pension and other post-retirement benefit liabilities
        219,270
        218,629
      Deferred tax liabilities
        385,948
        441,705
      Other long-term liabilities
        724,353
        544,109
      Equity:
              Preferred stock, par value $1 per share — authorized 10,000,000 shares; none
           issued
        —
        —
      Common stock, par value $1 per share — authorized 450,000,000 shares; issued
           and outstanding — 2025 — 137,617,832 shares and 2024 — 138,779,664 shares
        137,618
        138,780
      Additional paid-in capital
        228,370
        196,532
      Accumulated other comprehensive loss
        (511,766)
        (1,261,743)
      Retained earnings
        4,568,769
        5,263,838
      Total parent equity
        4,422,991
        4,337,407
      Noncontrolling interests in subsidiaries
        17,372
        14,444
      Total equity
        4,440,363
        4,351,851
      Total liabilities and equity
        $ 20,795,540
        $ 19,282,705
       
      GENUINE PARTS COMPANY AND SUBSIDIARIES
      CONSOLIDATED STATEMENTS OF CASH FLOWS
      (UNAUDITED)
            Year Ended December 31,
      (in thousands)
        2025
        2024
      Operating activities:
              Net income
        $       65,945
        $     904,076
      Adjustments to reconcile net income to net cash provided by operating activities:
              Depreciation and amortization
        538,023
        407,978
      Pension settlement
        741,967
        —
      First Brands credit loss allowance
        150,500
        —
      Deferred income taxes
        (256,951)
        (18,598)
      Share-based compensation
        48,847
        40,693
      Gains on sales of real estate
        (28,317)
        (43,049)
      Other operating activities
        11,097
        47,473
      Changes in operating assets and liabilities:
              Trade accounts receivable, net
        (77,397)
        (50,939)
      Merchandise inventories, net
        (208,190)
        (440,549)
      Trade accounts payable
        (132,712)
        512,347
      Operating lease right-of-use asset
        378,332
        634,448
      Other current and noncurrent assets
        (279,079)
        (122,864)
      Operating lease current and noncurrent liabilities
        (380,815)
        (662,641)
      Other current and noncurrent liabilities
        319,512
        42,876
      Net cash provided by operating activities
        890,762
        1,251,251
      Investing activities:
              Purchases of property, plant and equipment
        (469,838)
        (567,339)
      Proceeds from sale of property, plant and equipment
        52,293
        122,432
      Acquisitions of businesses
        (318,291)
        (1,080,238)
      Proceeds from divestitures of businesses
        914
        1,631
      Proceeds from settlement of net investment hedge
        —
        15,990
      Other investing activities
        23,335
        —
      Net cash used in investing activities
        (711,587)
        (1,507,524)
      Financing activities:
              Proceeds from debt
        1,053,448
        895,299
      Payments on debt
        (1,002,015)
        (496,156)
      Net proceeds of commercial paper
        342,791
        —
      Shares issued from employee incentive plans
        (16,671)
        (16,888)
      Dividends paid
        (563,842)
        (554,931)
      Purchase of stock
        —
        (149,999)
      Other financing activities
        (22,965)
        (11,261)
      Net cash used in financing activities
        (209,254)
        (333,936)
      Effect of exchange rate changes on cash and cash equivalents
        27,267
        (31,807)
      Net decrease in cash and cash equivalents
        (2,812)
        (622,016)
      Cash and cash equivalents at beginning of year
        479,991
        1,102,007
      Cash and cash equivalents at end of year
        $     477,179
        $     479,991
                Supplemental disclosures of cash flow information
              Cash paid during the year for:
              Income taxes
        $     211,215
        $     264,625
      Interest
        $     191,334
        $     124,977
       
      GENUINE PARTS COMPANY AND SUBSIDIARIES
      RECONCILIATION OF GAAP NET INCOME (LOSS) TO ADJUSTED NET INCOME AND GAAP DILUTED NET INCOME
      (LOSS) PER COMMON SHARE TO ADJUSTED DILUTED NET INCOME PER COMMON SHARE
      (UNAUDITED)
        The table below represents a reconciliation from GAAP net income (loss) to adjusted net income:
            Three Months Ended
      December 31,
        Twelve Months Ended
      December 31,
      (in thousands)
        2025
        2024
        2025
        2024
      GAAP net income (loss)
        $  (609,498)
        $    133,056
        $      65,945
        $    904,076
                        Adjustments:
                      Restructuring and other costs (1)
        86,644
        59,695
        253,961
        221,007
      Acquisition and integration related costs and other (2)
        —
        4,075
        14,035
        33,126
      Inventory rebranding strategic initiative (3)
        —
        61,596
        —
        61,596
      Asbestos-related product liability (4)
        103,352
        —
        103,352
        —
      Pension settlement (5)
        741,967
        —
        741,967
        —
      First Brands credit loss allowance (6)
        150,500
        —
        150,500
        —
      Retirement obligation and other (7)
        30,111
        —
        30,111
        —
      Total adjustments
        1,112,574
        125,366
        1,293,926
        315,729
      Tax impact of adjustments (8)
        (287,110)
        (34,053)
        (333,450)
        (79,964)
      Adjusted net income
        $    215,966
        $    224,369
        $ 1,026,421
        $ 1,139,841
       
      The table below represents amounts per common share assuming dilution:
            Three Months Ended
      December 31,
        Twelve Months Ended
      December 31,
      (in thousands, except per share data)
        2025
        2024
        2025
        2024
      GAAP diluted net income (loss) per common share
        $        (4.39)
        $         0.96
        $         0.47
        $         6.47
                        Adjustments:
                      Restructuring and other costs (1)
        0.62
        0.43
        1.82
        1.58
      Acquisition and integration related costs and other (2)
        —
        0.03
        0.10
        0.24
      Inventory rebranding strategic initiative (3)
        —
        0.44
        —
        0.44
      Asbestos-related product liability (4)
        0.74
        —
        0.74
        —
      Pension settlement (5)
        5.34
        —
        5.33
        —
      First Brands credit loss allowance (6)
        1.08
        —
        1.08
        —
      Retirement obligation and other (7)
        0.22
        —
        0.22
        —
      Total adjustments
        8.00
        0.90
        9.29
        2.26
      Tax impact of adjustments (8)
        (2.06)
        (0.25)
        (2.39)
        (0.57)
      Adjusted diluted net income per common share
        $         1.55
        $         1.61
        $         7.37
        $         8.16
      Weighted average common shares outstanding - assuming dilution
        138,903
        139,272
        139,250
        139,670
        (1)   Adjustment reflects costs related to the company's global restructuring initiative which includes a voluntary retirement offer in the U.S. in 2024, and
             rationalization and optimization of certain distribution centers, stores and other facilities.
      (2)   Adjustment primarily reflects lease and other exit costs related to the integration of acquired independent automotive stores.
      (3)   Adjustment reflects a charge to write down certain existing inventory associated with a new global rebranding and relaunch of a key tool and equipment
             offering. The existing inventory that will be liquidated is comprised of otherwise saleable inventory, and the liquidation does not arise from the company's
             normal, recurring operational activities. 
      (4)   Adjustment reflects a remeasurement of the company's asbestos-related product liability for a revised estimate of the number of claims to be incurred in
             future periods based on adverse current year changes in the claims environment, among other assumptions.
      (5)   Adjustment reflects a pension charge related to the settlement of the company's U.S. qualified defined benefit plan (U.S. pension plan).
      (6)   Adjustment reflects a charge for expected credit losses on volume purchase rebates and other amounts due from First Brands, a key automotive parts
             supplier who filed for Chapter 11 bankruptcy.
      (7)   Adjustment reflects a nonroutine charge recorded during the quarter ended December 31, 2025 related to certain asset retirement obligations.
      (8)   We determine the tax effect of non-GAAP adjustments by considering the tax laws and statutory income tax rates applicable in the tax jurisdictions of the
             underlying non-GAAP adjustments, including any related valuation allowances. For the three months and year ended December 31, 2025, we applied the
             statutory income tax rates to the taxable portion of all of the company's adjustments, which resulted in a tax impact of $287 million and $333 million,
             respectively. A portion of the company's transaction costs included in its non-GAAP adjustments for the three months and year ended December 31, 2025
             were not deductible for income tax purposes; therefore, no statutory income tax rate was applied to such costs.
       
      View News Release Full Screen The table below clarifies where the items that have been adjusted above to improve comparability of the financial information from period to
      period are presented in the consolidated statements of income:
            Three Months Ended
      December 31,
        Twelve Months Ended
      December 31,
      (in thousands)
        2025
        2024
        2025
        2024
      Line item:
                      Cost of goods sold
        $     160,200
        $       61,596
        $     160,200
        $       69,083
      Selling, administrative and other expenses
        81,742
        4,075
        95,777
        33,126
      Depreciation expense
        42,021
        —
        42,021
        —
      Restructuring and other costs
        86,644
        59,695
        253,961
        213,520
      Pension settlement charge
        741,967
        —
        741,967
        —
      Total adjustments
        $  1,112,574
        $     125,366
        $  1,293,926
        $     315,729
       
      GENUINE PARTS COMPANY AND SUBSIDIARIES
      RECONCILIATION OF GAAP GROSS PROFIT TO ADJUSTED GROSS PROFIT AND GAAP SELLING,
      ADMINISTRATIVE AND OTHER EXPENSES TO ADJUSTED SELLING, ADMINISTRATIVE AND OTHER EXPENSES
      (UNAUDITED)
        The table below represents a reconciliation from GAAP gross profit to adjusted gross profit:
            Three Months Ended
      December 31,
        Twelve Months Ended
      December 31,
      (in thousands)
        2025
        2024
        2025
        2024
      GAAP gross profit
        $ 2,101,224
        $ 2,070,216
        $ 8,940,698
        $ 8,523,615
      Adjustments:
                      Restructuring and other costs
        —
        —
        —
        7,487
      Inventory rebranding strategic initiative
        —
        61,596
        —
        61,596
      First Brands credit loss allowance
        150,500
        —
        150,500
        —
      Retirement obligation and other
        9,700
        —
        9,700
        —
      Total adjustments (1)
        160,200
        61,596
        160,200
        69,083
      Adjusted gross profit
        $ 2,261,424
        $ 2,131,812
        $ 9,100,898
        $ 8,592,698
                        Net sales
        $ 6,009,415
        $ 5,770,173
        $ 24,300,141
        $ 23,486,569
      GAAP gross profit as a percentage of net sales
        35.0 %
        35.9 %
        36.8 %
        36.3 %
      Adjusted gross profit as a percentage of net sales
        37.6 %
        36.9 %
        37.5 %
        36.6 %
       
      View News Release Full Screen The table below represents a reconciliation from GAAP selling, administrative and other expenses to adjusted selling, administrative and
      other expenses:
            Three Months Ended
      December 31,
        Twelve Months Ended
      December 31,
      (in thousands)
        2025
        2024
        2025
        2024
      GAAP selling, administrative and other expenses
        $ 1,864,241
        $ 1,698,117
        $ 7,151,043
        $ 6,642,900
      Adjustments:
                      Acquisition and integration related costs and other
        —
        (4,075)
        (14,035)
        (33,126)
      Asbestos-related product liability
        (103,352)
        —
        (103,352)
        —
      Retirement obligation and other
        21,610
        —
        21,610
        —
      Total adjustments (1)
        (81,742)
        (4,075)
        (95,777)
        (33,126)
      Adjusted selling, administrative and other expenses
        $ 1,782,499
        $ 1,694,042
        $ 7,055,266
        $ 6,609,774
                        Net sales
        $ 6,009,415
        $ 5,770,173
        $ 24,300,141
        $ 23,486,569
      GAAP SG&A expenses as a percentage of net sales
        31.0 %
        29.4 %
        29.4 %
        28.3 %
      Adjusted SG&A expenses as a percentage of net sales
        29.7 %
        29.4 %
        29.0 %
        28.1 %
        (1)    Refer to the explanation of adjustments included within the reconciliation of GAAP net income (loss) to adjusted net income table for
              further information.
       
      GENUINE PARTS COMPANY AND SUBSIDIARIES
      CHANGE IN NET SALES SUMMARY
      (UNAUDITED)
            Three Months Ended December 31, 2025
          Comparable
      Sales
        Acquisitions
        Foreign
      Currency
        Other
        GAAP Total
      Net Sales
      North America Automotive
        1.7 %
        1.5 %
        — %
        (0.8) %
        2.4 %
      International Automotive
        (0.9) %
        2.2 %
        5.1 %
        — %
        6.4 %
      Industrial
        3.4 %
        1.0 %
        0.2 %
        — %
        4.6 %
      Total net sales
        1.7 %
        1.5 %
        1.3 %
        (0.4) %
        4.1 %
                  Twelve Months Ended December 31, 2025
          Comparable
      Sales
        Acquisitions
        Foreign
      Currency
        Other
        GAAP Total
      Net Sales
      North America Automotive
        0.6 %
        2.6 %
        (0.3) %
        0.4 %
        3.3 %
      International Automotive
        0.2 %
        3.3 %
        1.9 %
        — %
        5.4 %
      Industrial
        1.5 %
        1.2 %
        (0.4) %
        — %
        2.3 %
      Total net sales
        0.9 %
        2.2 %
        0.3 %
        0.1 %
        3.5 %
       
      GENUINE PARTS COMPANY AND SUBSIDIARIES
      RECONCILIATION OF GAAP NET CASH PROVIDED BY OPERATING ACTIVITIES TO FREE CASH FLOW
      (UNAUDITED)
            Twelve Months Ended December 31,
      (in thousands)
        2025
        2024
      Net cash provided by operating activities
        $            890,762
        $          1,251,251
      Purchases of property, plant and equipment
        (469,838)
        (567,339)
      Free cash flow
        $            420,924
        $            683,912
       
      SOURCE Genuine Parts Company
      For further information: Investor Contact: Timothy Walsh, (678) 934-5349, Vice President - Investor Relations; Media Contact: Heather Ross, (678) 934-5220, Vice President - Global Strategic Communications
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