Standard Motor Products Financials
This page shows Standard Motor Products (SMP) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 16 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Standard Motor Products has an operating margin of 5.5%, meaning the company retains $6 of operating profit per $100 of revenue. This below-average margin results in a low score of 28/100, suggesting thin profitability after operating expenses. This is down from 6.8% the prior year.
Standard Motor Products's revenue grew 7.8% year-over-year to $1.5B, a solid pace of expansion. This earns a growth score of 51/100.
Standard Motor Products carries a low D/E ratio of 0.87, meaning only $0.87 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 79/100, indicating a strong balance sheet with room for future borrowing.
Standard Motor Products's current ratio of 2.11 indicates adequate short-term liquidity, earning a score of 64/100. The company can meet its near-term obligations, though with limited headroom.
Standard Motor Products's free cash flow margin of 2.2% results in a low score of 11/100. Capital expenditures of $44.0M absorb a large share of operating cash flow.
Standard Motor Products generates a 4.5% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 18/100. This is down from 5.4% the prior year.
Standard Motor Products scores 2.21, placing it in the grey zone between 1.81 and 2.99. This signals moderate financial risk that warrants monitoring.
Standard Motor Products passes 4 of 9 financial strength tests. 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), 1 of 2 efficiency signals pass.
For every $1 of reported earnings, Standard Motor Products generates $2.79 in operating cash flow ($76.7M OCF vs $27.5M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Standard Motor Products earns $6.0 in operating income for every $1 of interest expense ($80.6M vs $13.5M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
Key Financial Metrics
Standard Motor Products generated $1.5B in revenue in fiscal year 2024. This represents an increase of 7.8% from the prior year.
Standard Motor Products's EBITDA was $112.0M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 7.9% from the prior year.
Standard Motor Products generated $32.7M in free cash flow in fiscal year 2024, representing cash available after capex. This represents a decrease of 71.7% from the prior year.
Standard Motor Products reported $27.5M in net income in fiscal year 2024. This represents a decrease of 19.5% from the prior year.
Standard Motor Products earned $1.24 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 19.5% from the prior year.
Standard Motor Products held $44.4M in cash against $535.2M in long-term debt as of fiscal year 2024.
Standard Motor Products paid $1.16 per share in dividends in fiscal year 2024. This represents an increase of 0.0% from the prior year.
Standard Motor Products's gross margin was 28.9% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is up 0.3 percentage points from the prior year.
Standard Motor Products's operating margin was 5.5% in fiscal year 2024, reflecting core business profitability. This is down 1.3 percentage points from the prior year.
Standard Motor Products's net profit margin was 1.9% in fiscal year 2024, showing the share of revenue converted to profit. This is down 0.6 percentage points from the prior year.
Standard Motor Products's ROE was 4.5% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is down 0.9 percentage points from the prior year.
Standard Motor Products spent $10.4M on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding.
Standard Motor Products invested $44.0M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents an increase of 53.7% from the prior year.
SMP Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'23 | Q3'24 | Q2'24 | Q1'24 | Q4'22 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $498.8M+1.0% | $493.9M+19.5% | $413.4M+42.2% | $290.8M-24.8% | $386.4M+9.4% | $353.1M+7.6% | $328.0M+6.4% | $308.2M |
| Cost of Revenue | $337.0M-1.7% | $343.0M+18.8% | $288.7M+38.0% | $209.2M-23.0% | $271.7M+7.9% | $251.8M+6.4% | $236.8M+8.3% | $218.6M |
| Gross Profit | $161.8M+7.2% | $150.9M+21.0% | $124.7M+53.0% | $81.5M-29.0% | $114.8M+13.3% | $101.3M+11.0% | $91.3M+1.9% | $89.6M |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $113.4M+5.5% | $107.5M+7.7% | $99.8M+42.0% | $70.3M-11.9% | $79.8M+8.0% | $73.8M+6.0% | $69.6M-3.4% | $72.1M |
| Operating Income | $47.6M+11.2% | $42.8M+75.1% | $24.5M+145.9% | $9.9M-71.4% | $34.8M+28.1% | $27.2M+31.0% | $20.7M+32.0% | $15.7M |
| Interest Expense | $7.4M-10.9% | $8.3M+6.9% | $7.8M+207.9% | $2.5M-30.4% | $3.6M+10.3% | $3.3M-15.0% | $3.9M-10.9% | $4.3M |
| Income Tax | $12.0M+22.0% | $9.8M+93.7% | $5.1M+1860.1% | -$288K-103.6% | $8.0M+27.1% | $6.3M+43.8% | $4.4M+56.2% | $2.8M |
| Net Income | -$4.3M-117.2% | $25.2M+100.9% | $12.6M+95.3% | $6.4M-3.4% | $6.7M-27.1% | $9.1M-23.3% | $11.9M+50.2% | $7.9M |
| EPS (Diluted) | $-0.19-116.8% | $1.13+101.8% | $0.56+93.1% | $0.29-3.3% | $0.30-26.8% | $0.41-24.1% | $0.54+45.9% | $0.37 |
SMP Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'23 | Q3'24 | Q2'24 | Q1'24 | Q4'22 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $2.0B+1.0% | $2.0B+4.2% | $1.9B+49.0% | $1.3B-0.5% | $1.3B-0.2% | $1.3B-1.4% | $1.3B+5.2% | $1.3B |
| Current Assets | $1.1B+1.8% | $1.1B+4.8% | $1.0B+36.5% | $744.2M-2.4% | $762.4M-3.2% | $787.9M-2.0% | $803.9M+5.4% | $762.4M |
| Cash & Equivalents | $87.2M+48.3% | $58.8M+16.9% | $50.3M+54.6% | $32.5M+14.2% | $28.5M+23.7% | $23.0M-4.9% | $24.2M+14.4% | $21.1M |
| Inventory | $676.8M+3.0% | $657.2M-0.2% | $658.7M+25.4% | $525.3M | N/A | N/A | N/A | N/A |
| Accounts Receivable | $296.2M-9.5% | $327.3M+16.6% | $280.8M+75.2% | $160.3M-23.0% | $208.1M-4.6% | $218.1M+3.5% | $210.8M+25.7% | $167.6M |
| Goodwill | $256.2M0.0% | $256.3M+4.1% | $246.1M+82.7% | $134.7M+0.3% | $134.4M+1.5% | $132.4M+0.1% | $132.3M+0.2% | $132.1M |
| Total Liabilities | $1.3B+2.4% | $1.3B+2.4% | $1.3B+98.3% | $642.2M-1.9% | $654.5M-1.1% | $661.7M-3.7% | $687.3M+8.4% | $633.9M |
| Current Liabilities | $554.1M+12.5% | $492.4M+12.6% | $437.4M+43.7% | $304.3M-18.5% | $373.3M+7.1% | $348.5M+8.4% | $321.4M-0.5% | $323.1M |
| Long-Term Debt | $538.6M-11.1% | $605.8M-3.4% | $627.3M+314.9% | $151.2M+58.9% | $95.2M-42.1% | $164.5M-23.7% | $215.5M+16.7% | $184.6M |
| Total Equity | $677.4M-1.6% | $688.6M+7.9% | $638.0M+0.5% | $635.1M+0.9% | $629.3M-0.1% | $629.7M+1.3% | $621.6M+1.9% | $610.0M |
| Retained Earnings | $588.5M-1.9% | $599.6M+3.2% | $581.2M+1.4% | $573.2M0.0% | $573.1M+0.1% | $572.8M+0.5% | $569.9M+1.0% | $564.2M |
SMP Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'23 | Q3'24 | Q2'24 | Q1'24 | Q4'22 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $91.6M+68.6% | $54.3M+190.2% | -$60.2M-629.8% | $11.4M-87.8% | $93.5M+56.4% | $59.8M+392.6% | -$20.4M-142.6% | $47.9M |
| Capital Expenditures | $10.0M-1.2% | $10.2M+11.3% | $9.1M-14.3% | $10.7M+25.8% | $8.5M+64.7% | $5.1M+17.9% | $4.4M-32.4% | $6.5M |
| Free Cash Flow | $81.5M+84.7% | $44.2M+163.7% | -$69.4M-9854.1% | $711K-99.2% | $85.1M+55.6% | $54.7M+320.4% | -$24.8M-159.8% | $41.5M |
| Investing Cash Flow | -$10.0M+1.4% | -$10.1M-62.9% | -$6.2M+41.7% | -$10.6M-89.5% | -$5.6M-10.3% | -$5.1M-17.0% | -$4.3M+47.8% | -$8.3M |
| Financing Cash Flow | -$53.0M-32.9% | -$39.9M-155.0% | $72.5M+5131.5% | $1.4M+101.7% | -$81.9M-45.2% | -$56.4M-306.4% | $27.3M+174.9% | -$36.5M |
| Dividends Paid | $6.8M0.0% | $6.8M+0.6% | $6.8M+7.3% | $6.3M+0.3% | $6.3M+0.3% | $6.3M+0.4% | $6.3M+7.5% | $5.8M |
| Share Buybacks | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
SMP Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'23 | Q3'24 | Q2'24 | Q1'24 | Q4'22 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 32.4%+1.9pp | 30.6%+0.4pp | 30.2%+2.1pp | 28.0%-1.7pp | 29.7%+1.0pp | 28.7%+0.9pp | 27.8%-1.2pp | 29.1% |
| Operating Margin | 9.6%+0.9pp | 8.7%+2.7pp | 5.9%+2.5pp | 3.4%-5.6pp | 9.0%+1.3pp | 7.7%+1.4pp | 6.3%+1.2pp | 5.1% |
| Net Margin | -0.9%-6.0pp | 5.1%+2.1pp | 3.0%+0.8pp | 2.2%+0.5pp | 1.7%-0.9pp | 2.6%-1.0pp | 3.6%+1.1pp | 2.6% |
| Return on Equity | 0.6%-3.1pp | 3.7%+1.7pp | 2.0%+1.0pp | 1.0%-0.1pp | 1.1%-0.4pp | 1.5%-0.5pp | 1.9%+0.6pp | 1.3% |
| Return on Assets | -0.2%-1.5pp | 1.3%+0.6pp | 0.7%+0.1pp | 0.5%-0.0pp | 0.5%-0.2pp | 0.7%-0.2pp | 0.9%+0.3pp | 0.6% |
| Current Ratio | 1.96-0.2 | 2.16-0.2 | 2.32-0.1 | 2.45+0.4 | 2.04-0.2 | 2.26-0.2 | 2.50+0.1 | 2.36 |
| Debt-to-Equity | 0.80-0.1 | 0.88-0.1 | 0.98+0.7 | 0.24+0.1 | 0.15-0.1 | 0.26-0.1 | 0.35+0.0 | 0.30 |
| FCF Margin | 16.4%+7.4pp | 8.9%+25.7pp | -16.8%-17.0pp | 0.2%-21.8pp | 22.0%+6.5pp | 15.5%+23.0pp | -7.6%-21.0pp | 13.5% |
Similar Companies
Frequently Asked Questions
What is Standard Motor Products's annual revenue?
Standard Motor Products (SMP) reported $1.5B in total revenue for fiscal year 2024. This represents a 7.8% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Standard Motor Products's revenue growing?
Standard Motor Products (SMP) revenue grew by 7.8% year-over-year, from $1.4B to $1.5B in fiscal year 2024.
Is Standard Motor Products profitable?
Yes, Standard Motor Products (SMP) reported a net income of $27.5M in fiscal year 2024, with a net profit margin of 1.9%.
What is Standard Motor Products's earnings per share (EPS)?
Standard Motor Products (SMP) reported diluted earnings per share of $1.24 for fiscal year 2024. This represents a -19.5% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is Standard Motor Products's EBITDA?
Standard Motor Products (SMP) had EBITDA of $112.0M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Standard Motor Products have?
As of fiscal year 2024, Standard Motor Products (SMP) had $44.4M in cash and equivalents against $535.2M in long-term debt.
What is Standard Motor Products's gross margin?
Standard Motor Products (SMP) had a gross margin of 28.9% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is Standard Motor Products's operating margin?
Standard Motor Products (SMP) had an operating margin of 5.5% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is Standard Motor Products's net profit margin?
Standard Motor Products (SMP) had a net profit margin of 1.9% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
Does Standard Motor Products pay dividends?
Yes, Standard Motor Products (SMP) paid $1.16 per share in dividends during fiscal year 2024.
What is Standard Motor Products's return on equity (ROE)?
Standard Motor Products (SMP) has a return on equity of 4.5% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is Standard Motor Products's free cash flow?
Standard Motor Products (SMP) generated $32.7M in free cash flow during fiscal year 2024. This represents a -71.7% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Standard Motor Products's operating cash flow?
Standard Motor Products (SMP) generated $76.7M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Standard Motor Products's total assets?
Standard Motor Products (SMP) had $1.8B in total assets as of fiscal year 2024, including both current and long-term assets.
What are Standard Motor Products's capital expenditures?
Standard Motor Products (SMP) invested $44.0M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
Does Standard Motor Products buy back shares?
Yes, Standard Motor Products (SMP) spent $10.4M on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.
What is Standard Motor Products's current ratio?
Standard Motor Products (SMP) had a current ratio of 2.11 as of fiscal year 2024, which is generally considered healthy.
What is Standard Motor Products's debt-to-equity ratio?
Standard Motor Products (SMP) had a debt-to-equity ratio of 0.87 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Standard Motor Products's return on assets (ROA)?
Standard Motor Products (SMP) had a return on assets of 1.5% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Standard Motor Products's Altman Z-Score?
Standard Motor Products (SMP) has an Altman Z-Score of 2.21, placing it in the Grey Zone (moderate risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Standard Motor Products's Piotroski F-Score?
Standard Motor Products (SMP) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Standard Motor Products's earnings high quality?
Standard Motor Products (SMP) has an earnings quality ratio of 2.79x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Standard Motor Products cover its interest payments?
Standard Motor Products (SMP) has an interest coverage ratio of 6.0x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Standard Motor Products?
Standard Motor Products (SMP) scores 42 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.