Standard Motor Products
SMP NYSE Automotive Parts & Equipment Financials FY2016βFY2025
Standard Motor Products' revenue rose 22.4% to $1.8 billion in fiscal 2025. Its operating margin was 7.6%, up from 5.5% a year earlier. Free cash flow was $19 million, down 42.7%. It paid out $27 million in dividends and buybacks, 146% of free cash flow. The diluted share count rose 1.1%.
What Standard Motor Products does
No business description yet.
- Legal name
- Standard Motor Products, Inc.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- β
- Accession Β· CIK
- 0000093389-26-000012
0000093389
Revenue and margins
Standard Motor Products had $1.8B of revenue in fiscal 2025, up 22.4% on the year before.
Net income and earnings per share
From fiscal 2016 to 2025, diluted EPS grew β3.9% a year. Loss periods are shown in red.
Returns on capital
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Cash flow
Free cash flow was $18.7M in fiscal 2025, 1.0% of revenue. Cash from operations minus capital spending.
Dividends, buybacks and share count
Standard Motor Products returned $27.3M to shareholders in fiscal 2025, 146% of free cash flow. The diluted share count rose 1.1%.
Value Standard Motor Products yourself
Change the assumptions and see what they imply per share. These are models, not forecasts or price targets β the answer depends entirely on what you put in.
Discounted cash flow
Value per share
β
Adds net cash of β$547M and divides by 22.5M diluted shares. Ten years of cash flows plus a terminal value, discounted to today.
Earnings multiple
Value per share
β
Reference multiples: today 16.6x Β· peers 58.0x Β· sector 17.9x.
Balance sheet
Cash, debt and the ratios that show how comfortably Standard Motor Products can carry it.
| Fiscal year end | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Cash and short-term investments | $21.8M | $21.1M | $32.5M | $44.4M | $72.0M |
| Debt incl. finance leases | $128M | $240M | $156M | $562M | $619M |
| Net debt / EBITDA | 0.7x | 1.7x | 1.0x | 4.6x | 3.0x |
| Debt / equity | 0.2x | 0.4x | 0.3x | 0.9x | 0.9x |
| Interest coverage | 63.6x | 9.8x | 7.0x | 6.0x | 4.4x |
| Current ratio | 1.5x | 2.4x | 2.5x | 2.1x | 2.1x |
| Quick ratio | 0.9x | 1.4x | 0.7x | 0.6x | 0.7x |
| Total assets | $1.2B | $1.3B | $1.3B | $1.8B | $2.0B |
| Total liabilities | $585M | $634M | $642M | $1.2B | $1.3B |
| Shareholders' equity | $602M | $610M | $635M | $616M | $684M |
| Net debt (β = net cash) | $107M | $219M | $124M | $518M | $547M |
Insider trades
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. 'Plan' marks trades under a pre-arranged Rule 10b5-1 plan.
Bought, 12 months
$0.0M
0 insiders
Sold, 12 months
$1.8M
5 insiders
Of sales under plans
0%
$0.0M
| Date | Insider | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Sep 9, 2026 | Carmine Joseph BroccoleCLO & Secretary | Sold | 5,250 | $39.24 | $0.2M | Form 4 |
| Aug 19, 2026 | Dale BurksChief Commercial Officer & EVP | Sold | 5,798 | $39.00 | $0.2M | Form 4 |
| Aug 18, 2026 | Dale BurksChief Commercial Officer & EVP | Sold | 3,500 | $38.76 | $0.1M | Form 4 |
| Aug 14, 2026 | Dale BurksChief Commercial Officer & EVP | Sold | 9,051 | $38.71 | $0.4M | Form 4 |
| Jun 8, 2026 | Ray NicholasCIO & VP IT | Sold | 5,822 | $39.75 | $0.2M | Form 4 |
| Jun 1, 2026 | Ray NicholasCIO & VP IT | Sold | 1,950 | $38.28 | $0.1M | Form 4 |
| Dec 11, 2025 | Ray NicholasCIO & VP IT | Sold | 9,093 | $38.01 | $0.3M | Form 4 |
| Nov 11, 2025 | Carmine Joseph BroccoleCLO & Secretary | Sold | 1,148 | $38.31 | $0.0M | Form 4 |
| Nov 11, 2025 | Dale BurksChief Commercial Officer & EVP | Sold | 1,180 | $38.30 | $0.0M | Form 4 |
| Nov 11, 2025 | Eric SillsCEO & President, Director | Sold | 1,531 | $38.26 | $0.1M | Form 4 |
| Nov 11, 2025 | Nathan R. IlesChief Financial Officer | Sold | 1,356 | $38.30 | $0.1M | Form 4 |
| Nov 11, 2025 | Ray NicholasCIO & VP IT | Sold | 457 | $38.36 | $0.0M | Form 4 |
Piotroski F-score
Nine pass/fail tests of profitability, funding and efficiency. 8β9 is strong, 0β2 weak.
| Test | FY23 | FY24 | FY25 |
|---|---|---|---|
| Net income is positive | β | β | β |
| Cash from operations is positive | β | β | β |
| Return on assets rose | β | β | β |
| Cash from operations exceeds net income | β | β | β |
| Debt fell relative to assets | β | β | β |
| Current ratio rose | β | β | β |
| Share count didn't rise | β | β | β |
| Gross margin rose | β | β | β |
| Revenue rose relative to assets | β | β | β |
| F-score | 6 / 9 | 5 / 9 | 7 / 9 |
| Accruals ratio | β8.6% | β3.2% | β0.9% |
| Altman Z'' | 5.22 | 3.65 | 3.82 |
Similar companies
Each company's latest fiscal year. Fiscal years end in different months, so periods don't line up exactly.
| Company | Market cap | Growth | Op. margin | FCF margin | ROIC | P/E | F-score | |
|---|---|---|---|---|---|---|---|---|
| Standard Motor Products SMP | $853M | 22.4% | 7.6% | 1.0% | 8.3% | 16.6x | 7 | |
| Mobileye MBLY | $5.3B | 14.5% | β23.2% | 27.6% | β | β | β | Compare β |
| Dorman Products DORM | $3.8B | 6.0% | 14.1% | 3.6% | 12.4% | 17.4x | 8 | Compare β |
| Gentherm THRM | $878M | 2.9% | 5.5% | 4.1% | 5.8% | 98.6x | 6 | Compare β |
| Fox Factory FOXF | $637M | 5.3% | β35.6% | 1.8% | β29.3% | β | 4 | Compare β |
10 years of figures
US$ millions unless stated. Hover a ratio's name for its definition.
| Fiscal year | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $1.1B | $1.1B | $1.1B | $1.1B | $1.1B | $1.3B | $1.4B | $1.4B | $1.5B | $1.8B |
| Gross profit | $323M | $327M | $313M | $332M | $337M | $377M | $383M | $389M | $423M | $559M |
| Operating income | $98.8M | $97.5M | $81.3M | $94.5M | $109M | $129M | $104M | $92.7M | $80.6M | $137M |
| Interest expense | $1.6M | $2.3M | $4.0M | $5.3M | $2.3M | $2.0M | $10.6M | $13.3M | $13.5M | $31.3M |
| Pretax income | $98.6M | $96.4M | $76.8M | $91.8M | $107M | $131M | $98.3M | $81.7M | $74.0M | $111M |
| Income tax | $36.2M | $52.8M | $20.0M | $22.7M | $27.0M | $31.0M | $25.2M | $18.4M | $19.4M | $30.6M |
| Net income | $60.4M | $38.0M | $43.0M | $57.9M | $57.4M | $90.9M | $55.4M | $34.1M | $27.5M | $41.3M |
| Diluted EPS | $2.62 | $1.64 | $1.88 | $2.54 | $2.51 | $4.02 | $2.50 | $1.54 | $1.24 | $1.84 |
| Diluted shares | 0.02B | 0.02B | 0.02B | 0.02B | 0.02B | 0.02B | 0.02B | 0.02B | 0.02B | 0.02B |
| Cash flow | ||||||||||
| Cash from operations | $97.8M | $64.6M | $70.3M | $76.9M | $97.9M | $85.6M | β$27.5M | $144M | $76.7M | $57.4M |
| Capital expenditure | $20.9M | $24.4M | $20.1M | $16.2M | $17.8M | $25.9M | $26.0M | $28.6M | $44.0M | $38.7M |
| Free cash flow | $76.9M | $40.2M | $50.1M | $60.7M | $80.1M | $59.7M | β$53.5M | $116M | $32.7M | $18.7M |
| Depreciation and amortization | $20.5M | $23.9M | $24.1M | $25.8M | $26.3M | $27.2M | $28.3M | $29.0M | $31.4M | $43.8M |
| Stock-based compensation | $6.1M | $7.6M | $8.0M | $6.9M | $8.1M | $9.5M | $8.2M | $6.6M | $6.1M | $7.5M |
| Acquisitions | $67.3M | $6.8M | $9.9M | $43.5M | $0.0M | $125M | $1.9M | $0.0M | $373M | $0.0M |
| Share buybacks | $0.4M | $24.4M | $14.9M | $10.7M | $13.5M | $26.9M | $29.7M | $0.0M | $10.4M | $0.0M |
| Dividends paid | $15.4M | $17.3M | $18.9M | $20.6M | $11.2M | $22.2M | $23.4M | $25.2M | $25.3M | $27.3M |
| Dividends and buybacks | $15.8M | $41.7M | $33.7M | $31.3M | $24.7M | $49.0M | $53.1M | $25.2M | $35.8M | $27.3M |
| Balance sheet | ||||||||||
| Cash and short-term investments | $19.8M | $17.3M | $11.1M | $10.4M | $19.5M | $21.8M | $21.1M | $32.5M | $44.4M | $72.0M |
| Total debt | $0.2M | $0.1M | $0.2M | $57.0M | $10.2M | $128M | $240M | $156M | $562M | $619M |
| Finance lease liabilities | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M |
| Current assets | $474M | $496M | $546M | $541M | $599M | $711M | $762M | $744M | $922M | $1.1B |
| Current liabilities | $284M | $286M | $313M | $301M | $303M | $476M | $323M | $304M | $437M | $493M |
| Inventory | $204M | $210M | $227M | $242M | $226M | $297M | $324M | $525M | $641M | $728M |
| Property and equipment, net | $78.5M | $89.1M | $90.8M | $89.6M | $89.1M | $103M | $107M | $122M | $169M | $189M |
| Total assets | $769M | $788M | $819M | $904M | $957M | $1.2B | $1.3B | $1.3B | $1.8B | $2.0B |
| Total liabilities | $328M | $334M | $376M | $400M | $406M | $585M | $634M | $642M | $1.2B | $1.3B |
| Shareholders' equity | $441M | $454M | $467M | $504M | $550M | $602M | $610M | $635M | $616M | $684M |
| Margins | ||||||||||
| Gross margin | 30.5% | 29.3% | 28.6% | 29.2% | 29.8% | 29.0% | 27.9% | 28.6% | 28.9% | 31.2% |
| Operating margin | 9.3% | 8.7% | 7.4% | 8.3% | 9.7% | 9.9% | 7.6% | 6.8% | 5.5% | 7.6% |
| EBITDA margin | 11.3% | 10.9% | 9.7% | 10.6% | 12.0% | 12.0% | 9.7% | 9.0% | 7.7% | 10.1% |
| Net margin | 5.7% | 3.4% | 3.9% | 5.1% | 5.1% | 7.0% | 4.0% | 2.5% | 1.9% | 2.3% |
| FCF margin | 7.3% | 3.6% | 4.6% | 5.3% | 7.1% | 4.6% | β3.9% | 8.5% | 2.2% | 1.0% |
| Returns | ||||||||||
| Return on capital | 15.7% | 11.4% | 13.5% | 14.1% | 14.9% | 15.6% | 9.9% | 8.9% | 6.2% | 8.3% |
| Return on capital employed | 21.4% | 19.8% | 16.1% | 17.0% | 17.3% | 18.8% | 12.6% | 9.7% | 6.8% | 9.5% |
| Return on equity | 14.5% | 8.5% | 9.3% | 11.9% | 10.9% | 15.8% | 9.1% | 5.5% | 4.4% | 6.4% |
| Return on assets | 8.3% | 4.9% | 5.4% | 6.7% | 6.2% | 8.4% | 4.5% | 2.7% | 1.8% | 2.2% |
| Growth | ||||||||||
| Revenue growth | 8.9% | 5.5% | β2.2% | 4.2% | β0.8% | 15.1% | 5.6% | β1.0% | 7.8% | 22.4% |
| Net income growth | 31.3% | β37.2% | 13.2% | 34.7% | β0.9% | 58.4% | β39.1% | β38.3% | β19.5% | 50.3% |
| EPS growth | 31.7% | β37.4% | 14.6% | 35.1% | β1.2% | 60.2% | β37.8% | β38.4% | β19.5% | 48.4% |
| FCF growth | 63.2% | β47.8% | 24.8% | 21.2% | 31.8% | β25.5% | β189.6% | β | β71.7% | β42.7% |
| Share count change | β0.3% | 0.5% | β1.2% | β0.5% | 0.0% | β0.9% | β2.1% | 0.1% | 0.3% | 1.1% |
| Financial health | ||||||||||
| Net debt / EBITDA | β0.2x | β0.1x | β0.1x | 0.4x | β0.1x | 0.7x | 1.7x | 1.0x | 4.6x | 3.0x |
| Debt / equity | 0.0x | 0.0x | 0.0x | 0.1x | 0.0x | 0.2x | 0.4x | 0.3x | 0.9x | 0.9x |
| Interest coverage | 63.5x | 41.9x | 20.2x | 17.9x | 46.8x | 63.6x | 9.8x | 7.0x | 6.0x | 4.4x |
| Current ratio | 1.7x | 1.7x | 1.8x | 1.8x | 2.0x | 1.5x | 2.4x | 2.5x | 2.1x | 2.1x |
| Quick ratio | 1.0x | 1.0x | 1.0x | 1.0x | 1.2x | 0.9x | 1.4x | 0.7x | 0.6x | 0.7x |
| Capital allocation | ||||||||||
| Capex / revenue | 2.0% | 2.2% | 1.8% | 1.4% | 1.6% | 2.0% | 1.9% | 2.1% | 3.0% | 2.2% |
| Stock comp / revenue | 0.6% | 0.7% | 0.7% | 0.6% | 0.7% | 0.7% | 0.6% | 0.5% | 0.4% | 0.4% |
| Payouts / FCF | 20.6% | 103.7% | 67.3% | 51.6% | 30.9% | 82.2% | β | 21.8% | 109.5% | 145.7% |
| Quality scores | ||||||||||
| Piotroski F-score | 7.0 | 5.0 | 6.0 | 8.0 | 6.0 | 5.0 | 3.0 | 6.0 | 5.0 | 7.0 |
| Altman Z'' | 5.3 | 5.5 | 5.4 | 5.3 | 5.8 | 4.6 | 5.4 | 5.2 | 3.7 | 3.8 |
| Accruals ratio | β5.2% | β3.4% | β3.4% | β2.2% | β4.4% | 0.5% | 6.8% | β8.6% | β3.2% | β0.9% |
Source: SEC EDGAR XBRL filings (CIK 0000093389). Data updated October 20, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only β not investment advice. Check the original filings before relying on any figure.