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Standard Motor ProductsCDocument history
Earnings documents stored for SMP.
Investor releaseQuarter not tagged2026-05-13SMP Q1 Earnings Beat Estimates on Broad-Based Sales Growth
Zacks
SMP Q1 Earnings Beat Estimates on Broad-Based Sales Growth
Standard Motor Products, Inc. SMP reported first-quarter 2026 adjusted earnings of 82 cents per share, up 1.2% from the year-ago quarter. The figure beat the Zacks Consensus Estimate of 73 cents by 12.3%. Net sales increased 9.1% year over year to $451.2 million and topped the Zacks Consensus Estimate of $422 million by about 6.8%. Adjusted EBITDA rose to $44.5 million from $42.8 million a year ago, supported by steady aftermarket demand and solid execution across segments. Standard Motor Products, Inc. price-consensus-eps-surprise-chart | Standard Motor Products, Inc. Quote Vehicle Control sales grew 11.2% year over year to $213.8 million, driven by customer pipeline orders tied to assortment expansion, alongside generally favorable demand trends. Temperature Control sales increased 0.7% to $89.5 million, lapping a record prior-year quarter. Nissens Automotive sales increased 12.4% to $74.4 million. The rise was attributed to the growth in currency translation, while local-currency sales were also higher against a tougher comparison after unusually robust customer order patterns in the prior year. Engineered Solutions sales rose 12.6% year over year to $74.3 million, reflecting improving demand conditions and stronger activity at certain customers, particularly within commercial vehicle and powersports end markets. Gross profit rose to $139.2 million from $124.7 million a year ago, with gross margin improving to 30.8% from 30.2%. Operating income climbed to $34.1 million from $24.5 million, and operating margin expanded to 7.6% from 5.9%. Selling, general and administrative expenses were $104.8 million compared with $99.8 million in the prior-year quarter. The company expects nominal tariff pass-through pricing in its North American aftermarket operations to weigh on rate-based margins when tariffs are passed through at cost. On an operating profit basis, Vehicle Control delivered $20.2 million, while Temperature Control's operating profit increased to $10.6 million from $7.8 million. Nissens Automotive generated an operating profit of $7.9 million. Engineered Solutions produced $1.7 million, down from $3.2 million a year ago, as inflationary headwinds and manufacturing variances pressured profitability despite the sales rebound. Cash used in operating activities was $41.9 million in the quarter, down from $60.2 million used a year ago. This was due to a st...
Investor releaseQuarter not tagged2026-05-02Standard Motor Products Q1 Earnings Call Highlights
MarketBeat
Standard Motor Products Q1 Earnings Call Highlights
Q1 consolidated sales rose 9.1% year‑over‑year and adjusted EBITDA improved nearly $2 million to 9.9% of net sales, led by double‑digit growth in Vehicle Control (+11.2% to $213.8M), Engineered Solutions (+12.6%) and reported Nissens sales (+12.4%, +2.7% in local currency), while Temperature Control was essentially flat and tariff pass‑throughs compressed gross margins. Guidance and balance‑sheet priorities unchanged: management kept 2026 targets of low‑ to mid‑single‑digit sales growth and 11–12% adjusted EBITDA margin, will continue a $1‑for‑$1 tariff pass‑through, and finished Q1 with net debt of $599.4M (3x EBITDA seasonally) while aiming for 2x leverage by year‑end 2026. Interested in Standard Motor Products, Inc.? Here are five stocks we like better. Standard Motor Products Stock is Ready to Roar Standard Motor Products (NYSE:SMP) reported first-quarter 2026 results that management said reflected a “solid start” across all operating segments, led by double-digit growth in Vehicle Control, Nissens Automotive, and Engineered Solutions. Consolidated sales increased 9.1% year over year, and adjusted EBITDA improved by nearly $2 million versus the prior year to 9.9% of net sales, according to Chief Financial Officer Nathan Iles. Chairman and Chief Executive Officer Eric Sills told investors the company was “quite pleased” with the quarter, noting top-line growth of “over 9%” and a continuation of demand trends seen over the past several quarters. He said both North American aftermarket segments benefited from a “nominal lift” related to tariff pass-through pricing that took effect in the second half of last year. → Meta Posted Its Best Sales Growth Since 2021—So Why Did Shares Fall? Vehicle Control posted net sales of $213.8 million, up 11.2% year over year, with Sills calling it a “terrific quarter” with sales up more than 11%. Iles said the growth reflected “a significant amount of orders to broaden our customers’ product assortments” during the quarter, along with the impact of slightly higher pricing from tariff pass-throughs. Adjusted EBITDA margin for the segment was 11.4%, “just slightly lower than last year,” Iles said, as higher volume and improved operating expenses were offset by gross margin compression from passing through tariffs at cost. On the call’s Q&A, management described the assortment expansion as part of a typical customer collaborati...
Investor releaseQuarter not tagged2026-04-30Standard Motor Products: Q1 Earnings Snapshot
Associated Press
Standard Motor Products: Q1 Earnings Snapshot
LONG ISLAND CITY, N.Y. (AP) — LONG ISLAND CITY, N.Y. (AP) — Standard Motor Products Inc. (SMP) on Thursday reported earnings of $17.1 million in its first quarter. The Long Island City, New York-based company said it had net income of 75 cents per share. Earnings, adjusted for one-time gains and costs, came to 82 cents per share. The auto parts maker posted revenue of $451.2 million in the period. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SMP at https://www.zacks.com/ap/SMP
Investor releaseQuarter not tagged2026-04-30Standard Motor Products (SMP) Q1 Earnings and Revenues Beat Estimates
Zacks
Standard Motor Products (SMP) Q1 Earnings and Revenues Beat Estimates
Standard Motor Products (SMP) came out with quarterly earnings of $0.82 per share, beating the Zacks Consensus Estimate of $0.73 per share. This compares to earnings of $0.81 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +12.33%. A quarter ago, it was expected that this auto parts maker would post earnings of $0.45 per share when it actually produced earnings of $0.56, delivering a surprise of +24.44%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Standard Motor Products, which belongs to the Zacks Automotive - Replacement Parts industry, posted revenues of $451.17 million for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 6.81%. This compares to year-ago revenues of $413.38 million. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Standard Motor Products shares have added about 0.1% since the beginning of the year versus the S&P 500's gain of 4.2%. While Standard Motor Products has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Standard Motor Products was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the n...
Investor releaseQuarter not tagged2026-04-30Standard Motor Products, Inc. Releases First Quarter 2026 Results and Quarterly Dividend
PR Newswire
Standard Motor Products, Inc. Releases First Quarter 2026 Results and Quarterly Dividend
Strong first quarter net sales of $451.2 million up, 9.1% from last year, with increases in all segments Adjusted Q1 non-GAAP diluted earnings per share of $0.82 and adjusted EBITDA of $44.5 million vs.$0.81 and $42.8 million last year, respectively Reaffirming full-year guidance of low to mid-single digit sales growth and adjusted EBITDA margin of 11% - 12% NEW YORK, April 30, 2026 /PRNewswire/ -- Standard Motor Products, Inc. (NYSE: SMP), a leading automotive parts manufacturer and distributor, reported today its consolidated financial results for the three months ended March 31, 2026. Net sales for the first quarter of 2026 were $451.2 million, compared to consolidated net sales of $413.4 million during the same quarter in 2025. Earnings from continuing operations for the first quarter of 2026 were $18.3 million or $0.81 per diluted share, compared to earnings of $13.7 million or $0.61 per diluted share in the first quarter of 2025. Excluding non-operational gains and losses identified on the attached reconciliation of GAAP and non-GAAP measures, earnings from continuing operations for the first quarter of 2026 were $18.6 million or $0.82 per diluted share, compared to $18.0 million or $0.81 per diluted share in the first quarter of 2025. Mr. Eric Sills, Standard Motor Products' Chairman and Chief Executive Officer stated, "We are quite pleased with our performance in the first quarter. Sales for the quarter increased 9.1%, with all segments performing well, reflecting a continuation of the steady customer demand experienced throughout last year. First Quarter Highlights: North American Aftermarket Segments Vehicle Control sales increased 11.2% in the first quarter, largely on the strength of customer pipeline orders as they expand assortments to capture DIFM share. We continue to experience favorable demand, as evidenced by strong customer POS and reflective of the non-discretionary nature of our products. We also saw a nominal lift from pass-through tariff pricing. Temperature Control sales increased a modest 0.7%, against last year's record first quarter, when sales were up 24%. As we enter our second quarter, we still have preseason orders left to ship as customers prepare for the upcoming summer selling season. While we are off to a strong start, including favorable customer POS, ultimately this seasonal business will be determined by the strength of...
TranscriptFY2026 Q12026-04-30FY2026 Q1 earnings call transcript
Earnings source - 37 paragraphs
FY2026 Q1 earnings call transcript
Please note this call is being recorded. We are standing by should you need assistance. It is now my pleasure to turn the meeting over to Tony Cristello, Vice President of Investor Relations. Please go ahead.
Okay. Thanks, Aaron, and good morning, everyone. Thank you for joining us on Standard Motor Products' first quarter 2026 earnings conference call. With me today are Larry Sills, Chairman Emeritus, Eric Sills, Chairman and Chief Executive Officer, Jim Burke, Chief Operating Officer, and Nathan Iles, Chief Financial Officer. On our call today, Eric will give an overview of our performance in the quarter, and Nathan will then discuss our financial results. Eric will then provide some concluding remarks and open the call up for Q&A. Before we begin this morning, I'd like to remind you that some of the material that we'll be discussing today may include forward-looking statements regarding our business and expected financial results. When we use words like anticipate, believe, estimate, or expect, these are generally forward-looking statements.
Although we believe that the expectations reflected in these forward-looking statements are reasonable, they are based on information currently available to us and certain assumptions made by us, and we cannot assure you that they will prove correct. You should also read our filings with the Securities and Exchange Commission for a discussion of the risks and uncertainties that could cause our actual results to differ from our forward-looking statements. I'll now turn the call over to Eric Sills, our CEO.
Thank you, Tony, and good morning, everyone, and welcome to our first quarter earnings call. Overall, we are quite pleased with our performance with all of our segments off to a solid start. Our top line grew by over 9%, reflecting a continuation of the demand trends we have been enjoying for the last several quarters. I'll walk through each operating segment, providing highlights and discuss how we are positioned for the future. Vehicle Control had a terrific quarter with sales up more than 11%. A large portion of this was attributable to certain customers expanding their assortment with pipeline orders, and while this is somewhat of a one-time event, we tend to see an ongoing lift by having better in-market inventory.
Beyond that, we continue to see general strength of the business, as demonstrated by customer POS in the mid-single digits, where it has been for the last many quarters. This reflects the non-discretionary nature of our products and the brand equity we have with the professional repair shops. Lastly, for Vehicle Control, if you recall, the last two quarters saw a steep decline in the wire set subcategory, which we explained was related to customers right-sizing their shelves for this mature product. As expected, this has now returned to its normal single-digit secular decline. Turning to Temperature Control. Here, too, we had a solid quarter, up slightly from last year's extremely strong first quarter, where sales were up 24%. As is typical in this segment, the beginning of the year is marked largely by preseason orders, which can break across the first and second quarters.
Last year was heavily in Q1, while this year is more spread out. As we enter the second quarter, we have preseason orders left to ship. Further, we have been pleased to see that POS was up substantially, though this is in the lower sales. Importantly, this segment is always impacted by the strength of the selling season, but we're certainly off to a good start. Lastly, both of our North American aftermarket segments saw a nominal lift from tariff pass-through pricing, which took effect in the second half of last year. Next, I'll speak about Nissens Automotive, our European aftermarket business. Sales were up more than 12%, though much of this was driven by stronger currency translation than a year ago. In local currency, sales were up 2.7%, going against a tough comparison.
Last year, we had an unusually robust first half due to customer order patterns, while this year has returned to a more normal cadence. We continue to enjoy solid performance in Europe, partly due to the non-discretionary nature of our products, but also attributable to Nissens' brand recognition helping us gain penetration. Nissens has now been part of the SMP family for a bit over a year, and we are delighted with its performance, both in and of itself and as a complement to our other businesses and the synergies it creates. Our preliminary focus was on savings, which we expect to roll in over the course of this year. We're also focused on cross-selling, expanding our offering on both sides of the ocean. Toward the end of last year, we launched two new categories in Europe, ignition coils and air conditioning hoses.
These are important categories for us here in the U.S., both of which leverage our manufacturing capabilities. While it is still early, we are starting to gain some shelf space. We continue to work towards ongoing portfolio expansion opportunities, leveraging each other's strengths. Lastly, I'll speak to our non-aftermarket segment, Engineered Solutions. We enjoyed strong first quarter sales, up more than 12% over last year when the business was rather soft. As we've discussed, this business will be subject to more volatility than the aftermarket, as it will rise and fall with demand for new vehicles and equipment. The sales rebound that began in mid-2025 has continued with strength of certain customers within our commercial vehicle and power sports end markets. Finally, let me speak briefly about the current tariff landscape and its impact on our business.
Most of the significant changes happened in 2025, and this year has been more stable. That said, there have been changes related to the elimination of the reciprocal tariffs, the addition of new Section 122 tariffs, and changes to the steel and aluminum derivatives tariffs. When combined, these essentially offset each other, and we continue to operate our successful pass-through playbook to accommodate any impact. When you put all these moving pieces together, we're very pleased with our performance thus far and with our ability to execute on our initiatives during complex times. Let me hand this over to Nathan, who will provide the details
Thanks. Good morning, everyone. Thanks, Eric. As we go through the numbers, I'll first give some color on the results for the quarter by segment and at the consolidated level, and then I'll cover some balance sheet and cash flow metrics, and finish with an update on our financial outlook for the full year of 2026. First, looking at our Vehicle Control segment, you can see on the slide that net sales of $213.8 million in Q1 were up 11.2% as we saw a significant amount of orders to broaden our customers' product assortments come through during the quarter, as well as the impact of slightly higher pricing from pass-through of tariffs.
Vehicle Control's adjusted EBITDA of 11.4% in the quarter was just slightly lower than last year as higher sales volume and better operating expenses as a percent of net sales was offset by some gross margin rate compression from passing through tariffs at cost. Turning to Temperature Control, net sales in the quarter for that segment of $89.5 million were up 0.7% for the reasons Eric noted before. Temperature Control's adjusted EBITDA increased in Q1 to 13.4% as good sales volumes led to a higher gross margin rate and operating expenses improved as well.
Looking next at Nissens, sales grew by $8.2 million or 12.4%, mostly reflecting the impact of currency conversion, also continued sales growth in local currency, even though we were up against a difficult comparison where last year had very robust orders in the first half. Adjusted EBITDA for Nissens of 12.5% of net sales in Q1 was lower than last year, mainly as a result of some currency transaction losses which occurred in the quarter versus small gains in the prior year. The currency losses stemmed from sourcing activities in China, where the currency strengthened sharply in Q1 but is returning to a more stable level. Keep in mind that Nissens' business is seasonal given their offering of temp control products, the first quarter profit is generally lower than other quarters.
Sales for our Engineered Solutions segment in the quarter were up 12.6%, and we were pleased to see growth across most markets. Our adjusted EBITDA for Engineered Solutions in the quarter of 6.9% was down from last year as gross margin was lower due to inflationary headwinds and amortization of manufacturing variances from late last year, as well as some mix, partly offset by improved operating expense leverage on higher sales. To wrap up our results discussion and put it all together across the four segments for Q1, consolidated sales increased 9.1%, while adjusted EBITDA was 9.9% of net sales and almost $2 million better than last year. Further, non-GAAP diluted earnings per share were $0.82 in the quarter.
Turning now to cash flows, cash used in operations for the quarter of $41.9 million was $18.3 million better than last year, as we were well prepared with inventory coming into the year to meet higher sales levels in Q1. Investing activity showed capital expenditures of $6.7 million, which is lower than last year, as capital spending related to our new DC is mostly completed. Financing activity showed payments of $7.3 million of dividends, as well as $44 million in borrowings on our credit agreement. Our net debt stood at $599.4 million, flat with Q1 last year.
We finished the quarter with a leverage ratio of 3x EBITDA, given seasonality in our business, and believe we are on track to get to our target of 2x EBITDA by the end of 2026. Before I finish, I want to give an update on our sales and profit expectations for the full year of 2026, which is really unchanged from before. Before I do, let me note that our outlook does not take into account ongoing changes in U.S. tariffs on imported goods. We follow changes closely, but things change continuously. Whatever the impact is on our business, we will continue to offset our costs with a $1 for $1 pass-through in pricing.
For 2026 full year, we expect sales growth to be in the low to mid-single digit percentage range, driven by continued momentum in North America and Europe and more stable market conditions in our Engineered Solutions segment. Our outlook for adjusted EBITDA margin is a range of 11%-12% of net sales and reflects margin benefits to sales growth, but also some continued margin compression from passing through tariffs at cost. In connection with our adjusted EBITDA outlook, we continue to expect interest expense on outstanding debt to be about $30 million for the full year, our income tax rate to be 27.5%-28%, and depreciation and amortization expense to increase to $45 million-$50 million, as we'll have a full year of depreciation on distribution center investments and also continue to invest generally in our business.
To wrap up, we're very pleased with how our year has started with strong sales growth and good profitability. We thank all of our associates across the company for helping us turn in these results. Thank you for your time. I'll now turn the call back to Eric for some final comments.
Thanks, Nathan. In closing, let me just spend a moment discussing how we're viewing things for the balance of the year and beyond. Even in the face of a challenging environment, we've enjoyed several consecutive quarters of solid performance and believe that this momentum will continue. We are operating in strong and stable markets and believe we are outperforming due to a combination of structural advantages, customer relationships, and execution. We've made great strides in diversifying our business with new product categories, geographies, and end markets, all with the focus of seeking complementary benefits. We're certainly in the midst of complicated times.
It remains unknown what impact the conflict in the Middle East will have, either on costs or potentially on supply chain disruption, as well as an ever-changing tariff landscape. We have a strong track record of navigating these challenges with robust and resilient supply chains and a favorable manufacturing footprint. Within our legacy business, the North American aftermarket, we believe we excel. The industry itself continues to demonstrate its stability and resilience in the face of turbulent times. Within it, we believe we tend to outperform with a business model that targets repair professionals with quality products and brands they trust. Nissens is a fantastic new leg to our stool and is exceeding our expectations. They are a great company in their own right and as part of SMP, they provide great business diversity while being similar enough to generate meaningful synergies both to the top and bottom line.
Our Engineered Solutions business continues its rebound and is a strong complement to our core business. We remain very bullish about the future. That concludes our prepared remarks. At this point, we will turn it back to the moderator. Open it up for questions.
Thank you. If you'd like to ask a question, please press star one on your keypad. To leave the queue at any time, press star two. Once again, that is star one to ask a question, we'll pause for just a moment to allow questions to queue. We can take our first question from Scott Stember with Roth Capital. Your line is open.
Good morning. Thanks for taking my questions.
Morning, Scott
Morning, Scott.
Speaking to Vehicle Control, you talked about some outsized sell-in, I guess, to a couple or two or three customers in the quarter, to broaden I guess, their portfolio of SKUs. Do you think that this is more something related to just industry-wide, or how much of this is because of the innovation and new products that Standard has come out with in the last, six to 12 months?
It's a good question, Scott, and this is really just a typical process that we go through with our customers to take a look at their inventory position, and as has been a trend over these last few years, making sure that they have the smartest inventory forward deployed. This didn't have to do necessarily with new products or innovation. This was just saying, where do we see opportunities? It's very much of a collaborative event that we have with customers. Where do we see opportunities to strengthen your position to help you gain share at the consumer or at the independent repair shop? This quarter was heavier than we've seen, and that's why we've called it out, but this is just the ongoing line review process that we have.
Got it. Next, on Nissens. Could you talk about what the sell or what POS was in the quarter?
It's also a great question, and we have a little bit less visibility to POS in the European market as we do here in the U.S. because it is so much more of a fragmented marketplace. What we see there is general ongoing trends that match pretty closely with our sell-in. It's pretty normalized there, you know, low to mid-single digits.
Okay. As far as the synergies, I know the first year was focused more on the cost, but this year you talked about some of the wins that you've had, cross-pollination. Are any of those synergies in your guidance in a meaningful way, or should we look at that as more upside?
If you're referring to the growth side, Nathan can speak to the cost reduction side. On the growth side, when you launch a new product, you don't expect substantial near-term gains, so I wouldn't consider it accommodated in the overall top line. It's really more getting ourselves positioned for future years and additional line expansion. On the cost side, I don't wanna speak for Nathan, you can answer.
Scott, on the cost side, we gave the range of $8 million-$12 million of cost reductions, and really put a timeframe on that of achieving it by the end of this year, end of 2026 from a run rate perspective. Like we said before, we think we're still pretty well on track. To the extent some of those would roll through the P&L this year, they are in our guidance, but we'll see a good benefit of that going into 2027 as well as we achieve the run rate later this year.
Got it. Just one last one if I could sneak it in on Temperature Control. Sounds like POS is stronger than expected. I know that March was one of the warmest Marches on record. Do you think it's a combination of weather, or is it share gains, given your favorable positioning on tariffs or where you get your product from?
I think it's both just on good market demand. I absolutely also believe that it's market share gain. There's a number of factors there. It's the success we're having with our brands. It's the success our customers are having in the marketplace, gaining additional share. I believe it's a combination of the two. That said, again, Scott, I wanna reemphasize that I wouldn't speak to 2026 by how the market did in March. It's just too soon to tell.
Gotcha. All right. Thanks again, guys.
Thank you.
Once again, it is star then one to ask a question. We'll pause briefly to allow questions to queue. There are no additional questions at this time. I'd like to turn the program back over to Tony Cristello for any closing remarks.
Okay. We wanna thank everyone for participating in our conference call today. We understand there was a lot of information presented, and we'll be happy to answer any follow-up questions you may have. Our contact information is available on our press release or investor relations website. We hope you have a great day. Thank you.
Investor releaseQuarter not tagged2026-04-28Standard Motor Products, Inc. Announces First Quarter 2026 Earnings Conference Call
PR Newswire
Standard Motor Products, Inc. Announces First Quarter 2026 Earnings Conference Call
NEW YORK, April 27, 2026 /PRNewswire/ -- Standard Motor Products, Inc. (NYSE: SMP), a leading automotive parts manufacturer and distributor, is scheduled to report its earnings for the three months ended March 31, 2026, before the market opens on April 30, 2026. Conference Call Standard Motor Products, Inc. will hold a conference call at 11:00 AM, Eastern Time, on Thursday, April 30, 2026. This call will be webcast and can be accessed on our website at www.smpcorp.com and clicking on the SMP Q1'26 Earnings Call Earnings Webcast link. Investors may also listen to the call by dialing 800-267-6316 (domestic) or 203-518-9783 (international). The conference call ID code is SMP1Q2026. Our playback will be made available for dial in immediately following the call. For those choosing to listen to the replay by webcast, the link should be active on our website within 24 hours after the call. The playback number is 800-934-8340 (domestic) or 402-220-6993 (international). View original content to download multimedia:https://www.prnewswire.com/news-releases/standard-motor-products-inc-announces-first-quarter-2026-earnings-conference-call-302754602.html
Investor releaseQuarter not tagged2026-04-02Standard Motor Products Releases 505 New Numbers in First Quarter
PR Newswire
Standard Motor Products Releases 505 New Numbers in First Quarter
NEW YORK, April 1, 2026 /PRNewswire/ -- Standard Motor Products, Inc. (SMP) is pleased to announce that it released more than 500 new part numbers in Q1 of 2026. This includes new applications from SMP's Vehicle Control and Temperature Control divisions for late-model import and domestic vehicles. Standardﾮ has recently added new numbers to its growing Fuel Injection and ABS Sensor programs and has also expanded several other key categories. Multiple GDI and MFI Fuel Injectors have been introduced, adding covering for the 2025-20 Nissan Frontier, 2025-21 Subaru Crosstrek and more. Eighteen ABS Speed Sensors have been added covering 3.4 million vehicles like 2025-20 Ford Super Duty trucks, the 2025-22 Hyundai Tucson, 2025-19 Mazda 3, and 2025-20 Cadillac CT5. Additionally, 10 Transmission Control Solenoids have been added for millions of Ford, General Motors, Jeep and RAM vehicles, and Power Window Switches are new for over 4 million Nissan vehicles. Other Standardﾮ categories that see expansion include Battery Current/Volt Sensors, EGR Tubes, Park Assist Cameras and Sensors, Turbocharger-related components, Vehicle Speed Sensors and more. The addition of 48 PAC-Kitsﾮ A/C Service Kits to the Four Seasonsﾮ offering introduce coverage for over 34 million vehicles in operation, including 2024-19 General Motors trucks and the 2024-18 Toyota Camry. These kits include all of the related, premium-quality components required to accompany an A/C compressor for a successful repair. Nearly 30 HVAC Air Door Actuators have been released, adding coverage for popular vehicles like the 2023-16 Toyota Tacoma, 2024-20 Subaru Legacy and Outback, and 2024-21 Chevrolet Trailblazer. Heater Cores are new for the 2025-18 Volkswagen Atlas, 2024-20 Nissan Sentra, and 2023-20 Hyundai Sonata. Additionally, coverage has been added in A/C Compressor Kits, New Compressors, Blower Motor Resistors and more. Jack Ramsey, Senior Vice President of Sales and Marketing, SMP, stated, "2026 is off to a strong start, with more than 500 new numbers added across our vehicle control and temperature control divisions. The first quarter saw the expansion of some of our most popular categories, adding coverage for millions of popular vehicles. Our distribution partners can continue to count on Standardﾮ and Four Seasonsﾮ to deliver first-to-market coverage in key vehicle control and temperature control ca...
Investor releaseQuarter not tagged2026-03-01Standard Motor Products Q4 Earnings Call Highlights
MarketBeat
Standard Motor Products Q4 Earnings Call Highlights
Standard Motor Products reported strong results as fourth‑quarter revenue rose more than 12% and full‑year sales increased over 22%, with the late‑2024 acquisition of Nissens the primary driver (sales excluding Nissens were roughly +4%). Profitability improved: consolidated Q4 adjusted EBITDA reached 9.7% of net sales and non‑GAAP diluted EPS rose 19.1% for the quarter, while full‑year adjusted EBITDA margin expanded ~160 bps and non‑GAAP EPS increased 26.8%. Management expects 2026 sales growth of low‑ to mid‑single digits and an adjusted EBITDA margin of 11–12%, is targeting $8–12M of run‑rate synergies from the Nissens integration, and is addressing a disclosed IT‑related internal control weakness while aiming to reach a 2.0x leverage ratio by end‑2026. Interested in Standard Motor Products, Inc.? Here are five stocks we like better. Standard Motor Products Stock is Ready to Roar Standard Motor Products (NYSE:SMP) executives highlighted strong fourth-quarter and full-year 2025 results, pointing to continued momentum across its North American aftermarket businesses, steady performance at its recently acquired Nissens Automotive segment, and a rebound in Engineered Solutions. Management also discussed tariffs, integration synergies, and the company’s initial outlook for 2026. Chief Executive Officer Eric Sills said the company was “quite pleased” with results, noting that fourth-quarter revenue rose more than 12% and full-year sales increased more than 22%. He attributed much of the growth to the Nissens acquisition, which closed in late 2024. Excluding Nissens, Sills said sales were up about 4% for both the quarter and the year. → Diamondback Sees Resilient Demand Despite Cautious Guidance Chief Financial Officer Nathan Iles said consolidated fourth-quarter sales increased 12.2% and adjusted EBITDA rose to 9.7% of net sales. Non-GAAP diluted earnings per share increased 19.1% for the quarter, driven by higher sales and operating performance. For the full year, Iles reported sales up 22.4% and up 4% excluding Nissens, with adjusted EBITDA margin improving 160 basis points and non-GAAP diluted EPS increasing 26.8%. He said the company’s top line was in line with prior expectations, while the bottom line exceeded the previously provided range. In North American Vehicle Control, the company reported fourth-quarter net sales of $193.7 million, up 3.3% year-over...
Investor releaseQuarter not tagged2026-02-27Standard Motor Products (SMP) Q4 Earnings and Revenues Beat Estimates
Zacks
Standard Motor Products (SMP) Q4 Earnings and Revenues Beat Estimates
Standard Motor Products (SMP) came out with quarterly earnings of $0.56 per share, beating the Zacks Consensus Estimate of $0.45 per share. This compares to earnings of $0.47 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +25.84%. A quarter ago, it was expected that this auto parts maker would post earnings of $1.14 per share when it actually produced earnings of $1.36, delivering a surprise of +19.3%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Standard Motor Products, which belongs to the Zacks Automotive - Replacement Parts industry, posted revenues of $385.09 million for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 3.50%. This compares to year-ago revenues of $343.35 million. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Standard Motor Products shares have added about 17% since the beginning of the year versus the S&P 500's gain of 1.5%. While Standard Motor Products has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Standard Motor Products was unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #4 (Sell) for the stock. So, the shares are expected to underperform the market in the near...
Investor releaseQuarter not tagged2026-02-27Standard Motor Products (SMP) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates
Zacks
Standard Motor Products (SMP) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates
Standard Motor Products (SMP) reported $385.09 million in revenue for the quarter ended December 2025, representing a year-over-year increase of 12.2%. EPS of $0.56 for the same period compares to $0.47 a year ago. The reported revenue represents a surprise of +3.5% over the Zacks Consensus Estimate of $372.09 million. With the consensus EPS estimate being $0.45, the EPS surprise was +25.84%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health. Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance. Here is how Standard Motor Products performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Revenues- Nissens Automotive: $64.12 million versus the two-analyst average estimate of $65.06 million. Revenues- Engineered Solutions: $66.06 million versus the two-analyst average estimate of $62.74 million. The reported number represents a year-over-year change of +6.3%. Revenues- Temperature Control: $61.46 million versus the two-analyst average estimate of $57.87 million. The reported number represents a year-over-year change of +5.9%. Revenues- Vehicle Control: $193.67 million versus the two-analyst average estimate of $186.42 million. The reported number represents a year-over-year change of +3.3%. View all Key Company Metrics for Standard Motor Products here>>> Shares of Standard Motor Products have returned +9.1% over the past month versus the Zacks S&P 500 composite's +0.6% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Standard Motor Products, Inc. (SMP) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research
Investor releaseQuarter not tagged2026-02-27Standard Motor Products Inc (SMP) Q4 2025 Earnings Call Highlights: Strong Revenue Growth and ...
GuruFocus.com
Standard Motor Products Inc (SMP) Q4 2025 Earnings Call Highlights: Strong Revenue Growth and ...
This article first appeared on GuruFocus. Revenue Growth: Top-line grew over 12% in Q4 and over 22% for the year. Vehicle Control Sales: Up 3.3% in Q4; wire sets subcategory down 27%. Temperature Control Sales: Up nearly 6% in Q4; full year up more than 12%. Nissan's Automotive Sales: Contributed $64 million in Q4 and $305 million for the year. Engineered Solutions Sales: Up 6% in Q4; full year slightly down. Adjusted EBITDA Margin: Increased to 9.7% of net sales in Q4. Non-GAAP Diluted EPS: Up 19.1% in Q4; full year increase of 26.8%. Cash Flow from Operations: $57.4 million for the full year, down $19.3 million from last year. Capital Expenditures: $38.7 million, including $10.4 million for a new distribution center. Net Debt: $546.7 million with a leverage ratio of 2.7 times EBITDA. Warning! GuruFocus has detected 10 Warning Signs with SMP. Is SMP fairly valued? Test your thesis with our free DCF calculator. Release Date: February 26, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Standard Motor Products Inc (NYSE:SMP) reported a strong top-line growth of over 12% in the fourth quarter and over 22% for the year. The company's acquisition of Nissan's Automotive contributed significantly to sales, with $64 million in the quarter and $305 million for the year. Temperature control segment sales were up nearly 6% in the fourth quarter and over 12% for the full year, driven by an elongating air conditioning season and successful AC kit programs. Engineered Solutions segment showed sequential improvement with a 6% increase in Q4 sales, indicating a rebound in demand. SMP's diverse global footprint and strategic initiatives, such as cross-selling and leveraging synergies from acquisitions, are expected to drive future growth. The wire sets subcategory experienced a 27% decline in the quarter, reflecting a secular decline in this mature category. SMP identified a material weakness in internal controls over financial reporting at its Nissan segment related to general information technology controls. Cash generated from operations for the full year was down $19.3 million compared to the previous year, mainly due to increased inventory levels. The company faces ongoing tariff-related costs, which are being offset by pricing adjustments, but continue to impact margins. SMP's non-GAAP diluted earnings per share...