Standard Motor Products, Inc. (SMP)

Standard Motor Products Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	1,411	1,358	1,372	1,299	1,129	1,138
Revenue Growth (YoY)	2.58%	-0.99%	5.62%	15.08%	-0.82%	4.20%
Cost of Revenue	1,007	969.45	989.28	921.89	791.93	806.11
Gross Profit	403.87	388.83	382.54	376.93	336.66	331.8
Selling, General & Admin	264.15	247.58	244.63	236.05	212.47	212.72
Other Operating Expenses	-0.01	-0.08	-0.11	-0.01	0.03	0.01
Operating Expenses	264.14	247.51	244.51	236.04	212.5	212.72
Operating Income	139.72	141.32	138.03	140.89	124.16	119.08
Interest Expense	-10.49	-13.29	-10.62	-2.03	-2.33	-5.29
Interest & Investment Income	0.52	0.52	0.21	0.05	0.11	0.1
Earnings From Equity Investments	3.41	2.07	3.46	3.3	0.82	2.87
Currency Exchange Gain (Loss)	-0.78	-0.78	0.33	-0.26	-0.35	-0.5
Other Non Operating Income (Expenses)	-44.44	-45.49	-31.19	-11.09	-11.97	-21.87
EBT Excluding Unusual Items	87.95	84.36	100.22	130.86	110.44	94.38
Merger & Restructuring Charges	-7.03	-2.64	-1.89	-0.39	-0.46	-2.59
Asset Writedown	-	-	-	-	-2.6	-
Pretax Income	80.92	81.72	98.33	130.47	107.38	91.8
Income Tax Expense	18.43	18.37	25.21	31.04	26.96	22.75
Earnings From Continuing Operations	62.49	63.35	73.13	99.42	80.42	69.05
Earnings From Discontinued Operations	-25.52	-29	-17.69	-8.47	-23.02	-11.13
Net Income to Company	36.97	34.35	55.44	90.95	57.39	57.92
Minority Interest in Earnings	-0.84	-0.2	-0.08	-0.07	-	-
Net Income	36.13	34.15	55.35	90.89	57.39	57.92
Net Income to Common	36.13	34.15	55.35	90.89	57.39	57.92
Net Income Growth	1.36%	-38.31%	-39.10%	58.36%	-0.90%	34.68%
Shares Outstanding (Basic)	22	22	22	22	22	22
Shares Outstanding (Diluted)	22	22	22	23	23	23
Shares Change (YoY)	0.04%	0.10%	-2.11%	-0.92%	0.03%	-0.49%
EPS (Basic)	1.66	1.57	2.55	4.10	2.57	2.59
EPS (Diluted)	1.63	1.54	2.50	4.02	2.51	2.54
EPS Growth	1.17%	-38.36%	-37.72%	59.90%	-1.21%	35.51%
Free Cash Flow	44.78	115.63	-53.49	59.69	80.08	60.74
Free Cash Flow Per Share	2.02	5.22	-2.42	2.64	3.51	2.66
Dividend Per Share	1.160	1.160	1.100	1.020	0.500	0.940
Dividend Growth	0%	5.45%	7.84%	104.00%	-46.81%	9.30%
Gross Margin	28.62%	28.63%	27.89%	29.02%	29.83%	29.16%
Operating Margin	9.90%	10.40%	10.06%	10.85%	11.00%	10.46%
Profit Margin	2.56%	2.51%	4.03%	7.00%	5.09%	5.09%
Free Cash Flow Margin	3.17%	8.51%	-3.90%	4.60%	7.10%	5.34%
EBITDA	168.49	169.54	165.62	167.83	150.18	144.49
EBITDA Margin	11.94%	12.48%	12.07%	12.92%	13.31%	12.70%
D&A For EBITDA	28.77	28.22	27.6	26.94	26.02	25.41
EBIT	139.72	141.32	138.03	140.89	124.16	119.08
EBIT Margin	9.90%	10.40%	10.06%	10.85%	11.00%	10.46%
Effective Tax Rate	22.78%	22.48%	25.63%	23.79%	25.11%	24.78%

Source: S&P Capital IQ. Standard template. Financial Sources.