NYSE : SMP
Standard Motor Products, Inc. — Financial statements
Consumer Discretionary · Auto Parts · United States
Last price 42.41 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 947.52M
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Financial statements
Standard Motor Products, Inc. (SMP) reported revenue of 1.85B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 1.85B | 1.79B | 1.46B | 1.36B | 1.37B | 1.30B |
| Cost of Revenue | 1.25B | 1.23B | 1.04B | 969.45M | 989.28M | 921.88M |
| Gross Profit | 591.38M | 559.41M | 423.32M | 388.83M | 382.54M | 376.93M |
| Selling, General & Admin | 386.84M | 375.36M | 284.10M | 247.58M | 244.63M | 236.05M |
| Other Operating Expenses | -135.00K | -338.00K | -75.00K | -76.00K | -113.00K | -7.00K |
| Operating Expenses | 386.70M | 375.02M | 284.03M | 247.51M | 244.51M | 236.04M |
| Operating Income | 204.68M | 184.39M | 139.29M | 141.32M | 138.03M | 140.89M |
| Interest Expense | -29.23M | -31.34M | -13.51M | -13.29M | -10.62M | -2.03M |
| Interest & Investment Income | 1.31M | 1.31M | 871.00K | 517.00K | 209.00K | 49.00K |
| Earnings From Equity Investments | 3.56M | 3.56M | 4.27M | 2.07M | 3.46M | 3.29M |
| Currency Exchange Gain (Loss) | 362.00K | 362.00K | -1.27M | -776.00K | 334.00K | -257.00K |
| Other Non Operating Income (Expenses) | -52.06M | -45.17M | -48.00M | -45.48M | -31.19M | -11.09M |
| EBT Excluding Unusual Items | 128.61M | 113.10M | 81.66M | 84.36M | 100.22M | 130.86M |
| Merger & Restructuring Charges | -1.22M | -2.58M | -7.67M | -2.64M | -1.89M | -392.00K |
| Pretax Income | 127.39M | 110.52M | 73.99M | 81.72M | 98.33M | 130.47M |
| Income Tax Expense | 34.61M | 30.62M | 19.39M | 18.37M | 25.21M | 31.04M |
| Earnings From Continuing Operations | 92.78M | 79.91M | 54.60M | 63.35M | 73.13M | 99.42M |
| Earnings From Discontinued Operations | -22.38M | -37.70M | -26.13M | -29.00M | -17.69M | -8.47M |
| Net Income to Company | 70.40M | 42.21M | 28.48M | 34.35M | 55.44M | 90.95M |
| Minority Interest in Earnings | -890.00K | -873.00K | -976.00K | -204.00K | -84.00K | -68.00K |
| Net Income | 69.51M | 41.34M | 27.50M | 34.15M | 55.35M | 90.89M |
| Net Income to Common | 69.51M | 41.34M | 27.50M | 34.15M | 55.35M | 90.89M |
| Shares Outstanding (Basic) | 22.22M | 21.99M | 21.80M | 21.72M | 21.68M | 22.15M |
| Shares Outstanding (Diluted) | 22.81M | 22.48M | 22.24M | 22.16M | 22.14M | 22.62M |
| EPS (Basic) | 3.13 | 1.88 | 1.26 | 1.57 | 2.55 | 4.10 |
| EPS (Diluted) | 3.06 | 1.84 | 1.24 | 1.54 | 2.50 | 4.02 |
| Free Cash Flow | 146.01M | 18.72M | 32.67M | 115.63M | -53.49M | 59.69M |
| Free Cash Flow Per Share | 6.40 | 0.83 | 1.47 | 5.22 | -2.42 | 2.64 |
| Dividend Per Share | 0.99 | 1.26 | 1.18 | 1.16 | 1.10 | 1.02 |
| Gross Margin | 32.04% | 31.23% | 28.92% | 28.63% | 27.89% | 29.02% |
| Operating Margin | 11.09% | 10.29% | 9.52% | 10.40% | 10.06% | 10.85% |
| Profit Margin | 3.77% | 2.31% | 1.88% | 2.51% | 4.04% | 7.00% |
| Free Cash Flow Margin | 7.91% | 1.04% | 2.23% | 8.51% | -3.90% | 4.60% |
| EBITDA | 249.71M | 227.03M | 169.91M | 169.54M | 165.62M | 167.83M |
| EBITDA Margin | 13.53% | 12.68% | 11.61% | 12.48% | 12.07% | 12.92% |
| D&A For EBITDA | 45.03M | 42.65M | 30.61M | 28.22M | 27.60M | 26.94M |
| EBIT | 204.68M | 184.39M | 139.29M | 141.32M | 138.03M | 140.89M |
| EBIT Margin | 11.09% | 10.29% | 9.52% | 10.40% | 10.06% | 10.85% |
| Effective Tax Rate | 27.17% | 27.70% | 26.20% | 22.48% | 25.63% | 23.79% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 105.04M | 72.03M | 44.43M | 32.53M | 21.15M | 21.75M |
| Cash & Short-Term Investments | 105.04M | 72.03M | 44.43M | 32.53M | 21.15M | 21.75M |
| Receivables | 307.15M | 232.02M | 210.72M | 160.28M | 167.64M | 180.60M |
| Inventory | 646.14M | 727.92M | 641.08M | 525.32M | 548.41M | 491.02M |
| Prepaid Expenses | 23.92M | 18.48M | 25.70M | 26.10M | 25.24M | 17.82M |
| Total Current Assets | 1.08B | 1.05B | 921.92M | 744.22M | 762.44M | 711.21M |
| Property, Plant & Equipment | 286.09M | 293.74M | 278.63M | 221.94M | 156.99M | 143.25M |
| Long-Term Investments | 27.58M | 28.40M | 28.83M | 33.46M | 44.84M | 44.09M |
| Goodwill | 251.88M | 256.16M | 241.42M | 134.73M | 132.09M | 131.65M |
| Other Intangible Assets | 288.95M | 311.16M | 300.97M | 92.31M | 100.50M | 106.23M |
| Long-Term Deferred Tax Assets | 24.73M | 25.38M | 13.20M | 40.53M | 33.66M | 36.13M |
| Long-Term Deferred Charges | 1.23M | 1.70M | 1.12M | 1.60M | 206.00K | |
| Other Long-Term Assets | 37.03M | 28.72M | 27.45M | 24.73M | 22.82M | 25.20M |
| Total Assets | 2.00B | 2.00B | 1.81B | 1.29B | 1.25B | 1.20B |
| Accounts Payable | 166.61M | 169.09M | 148.01M | 107.45M | 89.25M | 137.17M |
| Accrued Expenses | 169.32M | 130.63M | 117.13M | 71.84M | 68.74M | 87.53M |
| Current Portion of Long-Term Debt | 71.13M | 51.99M | 27.12M | 5.03M | 55.03M | 128.41M |
| Current Portion of Leases | 22.42M | 21.99M | 19.99M | 17.14M | 10.76M | 10.54M |
| Other Current Liabilities | 169.76M | 119.62M | 124.22M | 102.80M | 99.35M | 112.71M |
| Total Current Liabilities | 599.24M | 493.31M | 436.47M | 304.26M | 323.13M | 476.37M |
| Long-Term Debt | 415.83M | 566.73M | 535.20M | 151.18M | 184.59M | 21.00K |
| Long-Term Leases | 87.22M | 93.38M | 98.21M | 88.97M | 40.71M | 31.21M |
| Other Long-Term Liabilities | 155.22M | 143.56M | 114.16M | 97.75M | 85.46M | 77.74M |
| Total Liabilities | 1.26B | 1.30B | 1.18B | 642.17M | 633.89M | 585.33M |
| Common Stock | 47.87M | 47.87M | 47.87M | 47.87M | 47.87M | 47.87M |
| Additional Paid-In Capital | 103.18M | 99.00M | 100.14M | 101.75M | 105.61M | 105.38M |
| Retained Earnings | 629.06M | 589.45M | 575.38M | 573.23M | 564.24M | 532.32M |
| Treasury Stock | -62.79M | -70.48M | -81.81M | -81.81M | -95.24M | -75.82M |
| Comprehensive Income & Other | 8.80M | 17.86M | -25.83M | -5.97M | -12.47M | -8.17M |
| Total Common Equity | 726.11M | 683.70M | 615.75M | 635.06M | 610.02M | 601.58M |
| Minority Interest | 14.89M | 14.56M | 14.34M | 15.81M | 11.02M | 11.05M |
| Shareholders' Equity | 741.00M | 698.26M | 630.08M | 650.87M | 621.04M | 612.63M |
| Total Liabilities & Equity | 2.00B | 2.00B | 1.81B | 1.29B | 1.25B | 1.20B |
| Total Debt | 596.60M | 734.09M | 680.52M | 262.32M | 291.09M | 170.19M |
| Net Cash (Debt) | -491.56M | -662.05M | -636.09M | -229.80M | -269.94M | -148.43M |
| Net Cash Per Share | -21.55 | -29.45 | -28.61 | -10.37 | -12.19 | -6.56 |
| Filing Date Shares Outstanding | 22.34M | 22.15M | 21.86M | 21.92M | 21.59M | 21.96M |
| Total Common Shares Outstanding | 22.34M | 22.15M | 21.86M | 21.92M | 21.59M | 22.02M |
| Working Capital | 483.01M | 557.14M | 485.45M | 439.96M | 439.31M | 234.84M |
| Book Value Per Share | 32.50 | 30.87 | 28.17 | 28.98 | 28.26 | 27.31 |
| Tangible Book Value | 185.29M | 116.38M | 73.36M | 408.03M | 377.43M | 363.69M |
| Tangible Book Value Per Share | 8.29 | 5.26 | 3.36 | 18.62 | 17.49 | 16.51 |
| Land | 8.43M | 7.72M | 45.71M | 42.65M | 40.88M | |
| Buildings | 67.70M | 60.63M | ||||
| Machinery | 343.84M | 303.24M | 284.04M | 265.25M | 254.60M | |
| Construction In Progress | 44.38M | 51.42M | 35.36M | 23.34M | 21.01M | |
| Leasehold Improvements | 24.48M | 18.99M | 16.42M | 15.08M | 14.08M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 69.51M | 41.34M | 27.50M | 34.15M | 55.35M | 90.95M |
| Depreciation & Amortization | 45.03M | 42.65M | 30.61M | 28.22M | 27.60M | 26.94M |
| Other Amortization | 2.30M | 2.42M | 2.71M | 1.29M | 1.12M | 528.00K |
| Loss (Gain) on Equity Investments | -2.86M | -3.56M | -4.27M | -2.07M | -3.46M | -3.29M |
| Stock-Based Compensation | 14.02M | 10.20M | 8.91M | 9.56M | 10.47M | 11.99M |
| Provision & Write-off of Bad Debts | 1.83M | 4.64M | 732.00K | 2.94M | -757.00K | 451.00K |
| Other Operating Activities | 4.91M | 3.29M | -4.09M | -3.01M | 13.48M | -1.92M |
| Change in Accounts Receivable | -16.37M | -16.77M | -8.75M | 7.96M | 6.92M | 28.46M |
| Change in Inventory | 15.45M | -81.63M | -36.88M | 29.49M | -67.50M | -107.61M |
| Change in Accounts Payable | -9.94M | 14.60M | 8.17M | 19.64M | -48.60M | 33.05M |
| Change in Other Net Operating Assets | 32.67M | 2.56M | 25.93M | -12.93M | -39.84M | -2.46M |
| Operating Cash Flow | 178.93M | 57.44M | 76.69M | 144.26M | -27.53M | 85.56M |
| Capital Expenditures | -32.92M | -38.72M | -44.02M | -28.63M | -25.96M | -25.88M |
| Cash Acquisitions | -372.49M | 2.83M | -1.93M | -125.42M | ||
| Other Investing Activities | -3.42M | 3.06M | -2.17M | 108.00K | 73.00K | 45.00K |
| Investing Cash Flow | -36.34M | -35.66M | -418.68M | -25.70M | -27.82M | -151.25M |
| Short-Term Debt Issued | 63.00K | 166.00K | 247.00K | |||
| Long-Term Debt Issued | 43.48M | 392.72M | 116.70M | 118.35M | ||
| Total Debt Issued | 31.37M | 43.54M | 392.89M | 116.70M | 118.59M | |
| Short-Term Debt Repaid | -189.00K | -595.00K | ||||
| Long-Term Debt Repaid | -15.76M | -93.00K | -83.56M | -5.39M | ||
| Total Debt Repaid | -129.15M | -15.76M | -93.00K | -83.75M | -5.99M | |
| Net Debt Issued (Repaid) | -97.78M | 27.79M | 392.80M | -83.75M | 110.71M | 118.59M |
| Repurchase of Common Stock | -320.00K | -10.43M | -29.66M | -26.86M | ||
| Common Dividends Paid | -28.90M | -27.27M | -25.34M | -25.16M | -23.43M | -22.18M |
| Other Financing Activities | -1.07M | -785.00K | -7.48M | -700.00K | -2.13M | -540.00K |
| Financing Cash Flow | -128.08M | -269.00K | 349.55M | -109.61M | 55.50M | 69.01M |
| Foreign Exchange Rate Adjustments | 3.32M | 6.10M | 4.34M | 2.43M | -755.00K | -1.06M |
| Net Cash Flow | 17.84M | 27.61M | 11.90M | 11.38M | -605.00K | 2.27M |
| Free Cash Flow | 146.01M | 18.72M | 32.67M | 115.63M | -53.49M | 59.69M |
| Free Cash Flow Margin | 7.91% | 1.04% | 2.23% | 8.51% | -3.90% | 4.60% |
| Free Cash Flow Per Share | 6.40 | 0.83 | 1.47 | 5.22 | -2.42 | 2.64 |
| Levered Free Cash Flow | 181.41M | 41.25M | 18.30M | 144.81M | -39.04M | 43.64M |
| Unlevered Free Cash Flow | 198.59M | 59.62M | 24.83M | 152.63M | -32.83M | 44.68M |
| Cash Interest Paid | 30.33M | 32.73M | 14.04M | 14.60M | 9.89M | 1.72M |
| Cash Income Tax Paid | 29.90M | 24.83M | 19.84M | 16.02M | 25.02M | 26.32M |
| Change in Working Capital | 21.81M | -81.23M | -11.54M | 44.17M | -149.02M | -48.56M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 947.52M | 810.67M | 672.94M | 865.04M | 750.64M | 1.15B |
| Enterprise Value | 1.44B | 1.45B | 907.16M | 1.10B | 1.06B | 1.31B |
| Last Close Price | 42.41 | 35.96 | 29.14 | 36.18 | 30.65 | 44.94 |
| PE Ratio | 13.86 | 19.61 | 24.47 | 25.33 | 13.56 | 12.68 |
| Forward PE | 8.79 | 8.63 | 9.29 | 11.86 | 9.57 | 12.73 |
| PS Ratio | 0.51 | 0.45 | 0.46 | 0.64 | 0.55 | 0.89 |
| PB Ratio | 1.30 | 1.16 | 1.07 | 1.33 | 1.21 | 1.88 |
| P/TBV Ratio | 5.11 | 6.97 | 9.17 | 2.12 | 1.99 | 3.17 |
| P/FCF Ratio | 6.49 | 43.31 | 20.59 | 7.48 | 19.31 | |
| P/OCF Ratio | 5.30 | 14.11 | 8.77 | 6.00 | 13.47 | |
| PEG Ratio | 1.07 | 1.35 | 1.35 | 1.35 | 1.35 | 1.35 |
| EV/Sales Ratio | 0.78 | 0.81 | 0.62 | 0.81 | 0.77 | 1.01 |
| EV/EBITDA Ratio | 5.76 | 6.37 | 5.34 | 6.51 | 6.41 | 7.79 |
| EV/EBIT Ratio | 7.03 | 7.84 | 6.51 | 7.81 | 7.70 | 9.27 |
| EV/FCF Ratio | 9.86 | 77.23 | 27.76 | 9.55 | 21.89 | |
| Debt / Equity Ratio | 0.81 | 1.05 | 1.08 | 0.40 | 0.47 | 0.28 |
| Debt / EBITDA Ratio | 2.11 | 2.83 | 3.51 | 1.39 | 1.64 | 0.96 |
| Debt / FCF Ratio | 4.09 | 39.22 | 20.83 | 2.27 | 2.85 | |
| Net Debt / Equity Ratio | 0.66 | 0.95 | 1.01 | 0.35 | 0.43 | 0.24 |
| Net Debt / EBITDA Ratio | 1.97 | 2.92 | 3.74 | 1.35 | 1.63 | 0.88 |
| Net Debt / FCF Ratio | 3.37 | 35.37 | 19.47 | 1.99 | -5.05 | 2.49 |
| Asset Turnover | 0.92 | 0.94 | 0.94 | 1.07 | 1.12 | 1.21 |
| Inventory Turnover | 1.90 | 1.80 | 1.78 | 1.81 | 1.90 | 2.15 |
| Quick Ratio | 0.69 | 0.62 | 0.58 | 0.63 | 0.58 | 0.42 |
| Current Ratio | 1.81 | 2.13 | 2.11 | 2.45 | 2.36 | 1.49 |
| Return on Equity (ROE) | 12.95% | 12.03% | 8.53% | 9.96% | 11.86% | 17.10% |
| Return on Assets (ROA) | 6.35% | 6.05% | 5.60% | 6.93% | 7.03% | 8.17% |
| Return on Invested Capital (ROIC) | 11.54% | 10.15% | 9.58% | 12.37% | 12.43% | 16.11% |
| Return on Capital Employed (ROCE) | 14.60% | 12.30% | 10.10% | 14.30% | 14.80% | 19.50% |
| Earnings Yield | 7.21% | 5.10% | 4.09% | 3.95% | 7.37% | 7.89% |
| FCF Yield | 15.41% | 2.31% | 4.86% | 13.37% | -7.13% | 5.18% |
| Dividend Yield | 3.11% | 3.44% | 3.83% | 2.94% | 3.16% | 1.95% |
| Payout Ratio | 43.15% | 65.98% | 92.15% | 73.69% | 42.33% | 24.40% |
| Buyback Yield / Dilution | -1.82% | -1.11% | -0.34% | -0.10% | 2.11% | 0.92% |
| Total Shareholder Return | 1.29% | 2.33% | 3.49% | 2.84% | 5.27% | 2.87% |