The National Automotive Parts Association (dba NAPA Auto Parts) is an American retailers' cooperative distributing automotive replacement parts, accessories and service items throughout North America. NAPA carries over 725,000 items, including automotive replacement parts, paint and refinishing supplies, automotive accessories, farm and marine supplies, tools and equipment, and heavy duty parts. Founded in 1925, NAPA is a subsidiary of Genuine Parts Company and considered a global automotive aftermarket leader. At the end of 2022, they had over 5,900 stores in the U.S. (approx. 24% are company owned) with an additional 3,600+ international stores.
Genuine Parts Company (NYSE: GPC) is a global service organization engaged in the distribution of automotive and industrial replacement parts. GPC consists of multiple subsidiaries that distribute automotive replacement parts, industrial replacement parts and electrical materials. Their subsidiaries include NAPA Auto Parts, Balkamp, Repco, EIS, Inc and Motion Industries. Founded in 1928, they have an extensive network of more than 10,000 locations, approx 58,000 employees. GPC has an investment grade S&P credit rating of BBB and a long term Moody’s rating of Baa1. Their 2022 revenue was $22.1B, a 17.1% increase from 2021. Their 2022 market was $24.29B, a 22.66% increase from the previous year. GPC is headquartered in Atlanta, GA.