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Side-by-side financial comparison of Genuine Parts Company (GPC) and PLAINS ALL AMERICAN PIPELINE LP (PAA). Click either name above to swap in a different company.

PLAINS ALL AMERICAN PIPELINE LP is the larger business by last-quarter revenue ($10.0B vs $6.3B, roughly 1.6× Genuine Parts Company). PLAINS ALL AMERICAN PIPELINE LP runs the higher net margin — 3.4% vs 3.0%, a 0.4% gap on every dollar of revenue. On growth, Genuine Parts Company posted the faster year-over-year revenue change (6.8% vs -19.1%). PLAINS ALL AMERICAN PIPELINE LP produced more free cash flow last quarter ($638.0M vs $-33.6M). Over the past eight quarters, Genuine Parts Company's revenue compounded faster (2.5% CAGR vs -8.6%).

Genuine Parts Company (GPC) is an American automotive and industrial parts distributor based in Atlanta, Georgia. Established by brothers Carlyle and Malcolm Fraser in 1928, the company has approximately 60,000 employees. In addition to the United States, GPC has operated in Australasia, Belgium, Canada, France, Germany, Mexico, the Netherlands, Poland, and the United Kingdom.

Plains is a master limited partnership engaged in pipeline transport, marketing, and storage of liquefied petroleum gas and petroleum in the United States and Canada. Plains owns interests in 18,370 miles (29,560 km) of pipelines, storage capacity for about 75 million barrels of crude oil, 28 million barrels of NGLs, 68 billion cubic feet of natural gas, and 5 natural gas processing plants. The company is headquartered in the Allen Center in Downtown Houston, Texas. Plains is a publicly trade...

GPC vs PAA — Head-to-Head

Bigger by revenue
PAA
PAA
1.6× larger
PAA
$10.0B
$6.3B
GPC
Growing faster (revenue YoY)
GPC
GPC
+25.9% gap
GPC
6.8%
-19.1%
PAA
Higher net margin
PAA
PAA
0.4% more per $
PAA
3.4%
3.0%
GPC
More free cash flow
PAA
PAA
$671.6M more FCF
PAA
$638.0M
$-33.6M
GPC
Faster 2-yr revenue CAGR
GPC
GPC
Annualised
GPC
2.5%
-8.6%
PAA

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
GPC
GPC
PAA
PAA
Revenue
$6.3B
$10.0B
Net Profit
$188.5M
$341.0M
Gross Margin
37.3%
7.0%
Operating Margin
67.2%
1.8%
Net Margin
3.0%
3.4%
Revenue YoY
6.8%
-19.1%
Net Profit YoY
-3.0%
847.2%
EPS (diluted)
$1.37

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
GPC
GPC
PAA
PAA
Q1 26
$6.3B
Q4 25
$6.0B
$10.0B
Q3 25
$6.3B
$11.6B
Q2 25
$6.2B
$10.6B
Q1 25
$5.9B
$12.0B
Q4 24
$5.8B
$12.4B
Q3 24
$6.0B
$12.7B
Q2 24
$6.0B
$12.9B
Net Profit
GPC
GPC
PAA
PAA
Q1 26
$188.5M
Q4 25
$-609.5M
$341.0M
Q3 25
$226.2M
$441.0M
Q2 25
$254.9M
$210.0M
Q1 25
$194.4M
$443.0M
Q4 24
$133.1M
$36.0M
Q3 24
$226.6M
$220.0M
Q2 24
$295.5M
$250.0M
Gross Margin
GPC
GPC
PAA
PAA
Q1 26
37.3%
Q4 25
35.0%
7.0%
Q3 25
37.4%
8.6%
Q2 25
37.7%
8.3%
Q1 25
37.1%
10.4%
Q4 24
35.9%
9.5%
Q3 24
36.8%
9.3%
Q2 24
36.6%
8.3%
Operating Margin
GPC
GPC
PAA
PAA
Q1 26
67.2%
Q4 25
-13.8%
1.8%
Q3 25
4.7%
4.2%
Q2 25
5.5%
2.2%
Q1 25
4.3%
4.4%
Q4 24
2.9%
0.7%
Q3 24
5.0%
2.7%
Q2 24
6.5%
2.9%
Net Margin
GPC
GPC
PAA
PAA
Q1 26
3.0%
Q4 25
-10.1%
3.4%
Q3 25
3.6%
3.8%
Q2 25
4.1%
2.0%
Q1 25
3.3%
3.7%
Q4 24
2.3%
0.3%
Q3 24
3.8%
1.7%
Q2 24
5.0%
1.9%
EPS (diluted)
GPC
GPC
PAA
PAA
Q1 26
$1.37
Q4 25
$-4.38
Q3 25
$1.62
Q2 25
$1.83
Q1 25
$1.40
Q4 24
$0.96
Q3 24
$1.62
Q2 24
$2.11

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
GPC
GPC
PAA
PAA
Cash + ST InvestmentsLiquidity on hand
$500.0M
$328.0M
Total DebtLower is stronger
$4.6B
$10.7B
Stockholders' EquityBook value
$4.5B
Total Assets
$21.0B
$30.2B
Debt / EquityLower = less leverage
1.03×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GPC
GPC
PAA
PAA
Q1 26
$500.0M
Q4 25
$328.0M
Q3 25
$1.2B
Q2 25
$459.0M
Q1 25
$427.0M
Q4 24
$348.0M
Q3 24
$640.0M
Q2 24
$553.0M
Total Debt
GPC
GPC
PAA
PAA
Q1 26
$4.6B
Q4 25
$4.8B
$10.7B
Q3 25
$8.4B
Q2 25
$8.2B
Q1 25
$8.2B
Q4 24
$4.3B
$7.2B
Q3 24
$7.2B
Q2 24
$7.2B
Stockholders' Equity
GPC
GPC
PAA
PAA
Q1 26
$4.5B
Q4 25
$4.4B
Q3 25
$4.8B
Q2 25
$4.7B
Q1 25
$4.4B
Q4 24
$4.3B
Q3 24
$4.7B
Q2 24
$4.5B
Total Assets
GPC
GPC
PAA
PAA
Q1 26
$21.0B
Q4 25
$20.8B
$30.2B
Q3 25
$20.7B
$28.1B
Q2 25
$20.4B
$27.2B
Q1 25
$19.8B
$27.1B
Q4 24
$19.3B
$26.6B
Q3 24
$20.3B
$27.2B
Q2 24
$18.9B
$27.5B
Debt / Equity
GPC
GPC
PAA
PAA
Q1 26
1.03×
Q4 25
1.08×
Q3 25
Q2 25
Q1 25
Q4 24
0.99×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
GPC
GPC
PAA
PAA
Operating Cash FlowLast quarter
$786.0M
Free Cash FlowOCF − Capex
$-33.6M
$638.0M
FCF MarginFCF / Revenue
-0.5%
6.4%
Capex IntensityCapex / Revenue
1.5%
Cash ConversionOCF / Net Profit
2.30×
TTM Free Cash FlowTrailing 4 quarters
$548.0M
$2.3B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GPC
GPC
PAA
PAA
Q1 26
Q4 25
$380.1M
$786.0M
Q3 25
$341.6M
$817.0M
Q2 25
$209.9M
$694.0M
Q1 25
$-40.8M
$639.0M
Q4 24
$155.0M
$727.0M
Q3 24
$484.3M
$691.0M
Q2 24
$293.6M
$653.0M
Free Cash Flow
GPC
GPC
PAA
PAA
Q1 26
$-33.6M
Q4 25
$260.7M
$638.0M
Q3 25
$240.0M
$632.0M
Q2 25
$81.0M
$575.0M
Q1 25
$-160.7M
$448.0M
Q4 24
$-26.7M
$561.0M
Q3 24
$358.0M
$534.0M
Q2 24
$150.1M
$514.0M
FCF Margin
GPC
GPC
PAA
PAA
Q1 26
-0.5%
Q4 25
4.3%
6.4%
Q3 25
3.8%
5.5%
Q2 25
1.3%
5.4%
Q1 25
-2.7%
3.7%
Q4 24
-0.5%
4.5%
Q3 24
6.0%
4.2%
Q2 24
2.5%
4.0%
Capex Intensity
GPC
GPC
PAA
PAA
Q1 26
Q4 25
2.0%
1.5%
Q3 25
1.6%
1.6%
Q2 25
2.1%
1.1%
Q1 25
2.0%
1.6%
Q4 24
3.1%
1.3%
Q3 24
2.1%
1.2%
Q2 24
2.4%
1.1%
Cash Conversion
GPC
GPC
PAA
PAA
Q1 26
Q4 25
2.30×
Q3 25
1.51×
1.85×
Q2 25
0.82×
3.30×
Q1 25
-0.21×
1.44×
Q4 24
1.17×
20.19×
Q3 24
2.14×
3.14×
Q2 24
0.99×
2.61×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

GPC
GPC

Segment breakdown not available.

PAA
PAA

Products$9.6B96%
Transportation$341.0M3%
Terminalling Storage And Other$90.0M1%
Affiliated Entity$14.0M0%

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