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This statistic highlights Genuine Parts Co’s Revenue by Region, split between Australasia, Europe and North America, reported on a quarterly basis from Q1 2016 onwards.
|Revenue by Region||Q3 2020||Q2 2021||Q3 2021||Contribution in Q3 2021|
(All the figures in billions, except percentages)
In Q3 2021, Genuine Parts company’s revenue accounted for $4.82 billion in totality from all the regions. The revenue in Q3 2021 marked growth of 0.58% on a quarter-on-quarter basis, from the previous quarter of Q2 2021, where the company collected $4.79 billion in revenue from all the geographic locations of the business. In Q3 2020, the company’s revenue stood at $4.37 billion. Observing the revenue from Q3 2020 to Q3 2021, the company made a growth of 10.21% on a year-on-year basis, increasing from $4.37 billion to $4.82 billion.
Genuine Parts Co’s revenue is generated from three main regions, namely, Australasia, Europe and North America. The major contributor of revenue for the company is North America, contributing 74.56%, followed by Europe, who contributes 15.16% to the total revenue. Australasia is the least contributor of revenue for the company, constituting a mere share of 10.28% in the company’s revenue in Q3 2021.
Genuine Parts Co’s total revenue can be further bifurcated into the following regions:
The Australasia region includes Australia and New Zealand along with their neighbouring islands in the South-Pacific Ocean.
In Q3 2021, the region of Australasia brought in a revenue of $0.495 billion to the company. This had a 10.28% share in the total revenue collected from all the geographic locations. In Q3 2021, this area observed a decline of 2.17% on a quarter-on-quarter basis in revenue collection from the previous quarter of Q2 2021, where the revenue collected from this area stood at $0.506 billion. In Q3 2020, the revenue collected from this region was $0.469 billion. To check upon the growth level on a year-on-year basis, the region managed to grow by 5.54% from Q3 2020 to Q3 2021.
By the end of Q3 2021, the revenue collection from this region was $0.730 billion. This constituted 15.16% of the total revenue of the company generated by all the regions. In Q3 2021, this region witnessed a decline of 0.14% on a quarter-on-quarter basis in revenue generation from the previous quarter of Q2 2021, where the revenue generated from this region stood at $0.731 billion. During the same quarter of the previous year, i.e., in Q3 2020, the revenue generated from Europe was $0.670 billion. On observing the growth on a quarter-on-quarter basis from Q3 2020 to Q3 2021, the revenue collection grew by 8.96% from Europe.
In Q3 2021, the region of North America generated a total revenue of $3.59 billion, making it the major revenue driving source of the company. This accounted for a 74.56% share in the total revenue collected from all the geographic locations. In Q3 2021, this region was accountable for the growth of 1.13% on a quarter-on-quarter basis in revenue collection from the previous quarter of Q2 2021, where the revenue collected from this area stood at $3.55 billion. In Q3 2020, the revenue collected a revenue of $3.23 billion from this region. Revenue from North America grew by 11.15% on a year-on-year basis, i.e, from Q3 2020 to Q3 2021.
Genuine Parts Company is an American public company. It was founded in 1928 by Carlyle Fraser and its headquarters are located in Atlanta, Georgia, United States. The company is one of leading company dealing in automotive distribution and replacement business. The enterprise offers its services in more than 15 countries all over the world, having stores at around 10,000 locations. Genuine Parts Company’s mission is to be an employer and supplier of choice, excellent corporate citizen, investment of choice.
Genuine Parts Company’s main focus is to provide best quality products and reliable services to its valuable customers. The company consists of 50,000 employees. NAPA Auto, Motion Industries, Repco, Alliance Automotive Group, Sparesbox pty Ltd, are some of the subsidiaries owned and run by the company. The company has created its official website where it provides all of the information related to the organization and informs about new launches. The company’s common stock publicly trades on the New York Stock Exchange (NYSE) under the ticker symbol of “GPC”.
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