SMP Q1 2024 Earnings — Standard Motor Products, Inc. Revenue & Financial Results | Market Cap Arena

SMPStandard Motor Products, Inc.

$822M

Q1 2024 Earnings

Consumer Cyclical Auto - Parts

Income Statement

Revenue

$331M+1.0% YoY

Gross Profit

$87M26.4% margin

Operating Income

$25M7.5% margin

Net Income

$10M3.0% margin

EPS (Diluted)

$0.44

QoQ Revenue Growth

+14.0%

Cash Flow

Operating Cash Flow

-$46M

Free Cash Flow

-$56M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$1.4B

Total Liabilities

$696M

Stockholders' Equity

$639M

Cash & Equivalents

$27M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$331M	$328M	+1.0%
Gross Profit	$87M	$89M	-1.8%
Operating Income	$25M	$31M	-19.1%
Net Income	$10M	$13M	-22.3%

Revenue Segments

Engineered Solutions

$74M51%

Temperature Control

$72M49%