Revenue Breakdown
Composition ()
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Revenue Streams
Standard Motor Products Inc (SMP) generates its revenue through a diversified portfolio of business segments. Currently, the largest contributor to its top-line growth is Engine Management (Ignition, Emissions and Fuel Delivery), accounting for 24.3% of total sales, equivalent to $121.42M. Other significant revenue streams include AC System Components and Electrical and Safety. Understanding this composition is critical for investors evaluating how SMP navigates market cycles within the Auto, Truck & Motorcycle Parts industry.
Profitability & Margins
Evaluating the bottom line, Standard Motor Products Inc maintains a gross margin of 31.68%. This metric reflects the company's pricing power and manufacturing efficiency. Further down the income statement, the operating margin stands at 5.74%, while the net margin is 2.45%. These profitability ratios, combined with a Return on Equity (ROE) of 12.16%, provide a clear picture of how effectively SMP converts its operational activities into shareholder value.
Comparative Benchmarking
In the context of the broader market, SMP competes directly with industry leaders such as XPEL and GT. With a market capitalization of $882.07M, it holds a significant position in the sector. When comparing efficiency, SMP's gross margin of 31.68% stands against XPEL's 41.86% and GT's 20.89%. Such benchmarking helps identify whether Standard Motor Products Inc is trading at a premium or discount relative to its financial performance.
