SMP Q2 2023 Earnings — Standard Motor Products, Inc. Revenue & Financial Results | Market Cap Arena

SMPStandard Motor Products, Inc.

$822M

Q2 2023 Earnings

Consumer Cyclical Auto - Parts

Income Statement

Revenue

$353M-1.8% YoY

Gross Profit

$99M28.1% margin

Operating Income

$40M11.3% margin

Net Income

$18M5.2% margin

EPS (Diluted)

$0.83

QoQ Revenue Growth

+7.6%

Cash Flow

Operating Cash Flow

$60M

Free Cash Flow

$55M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$1.3B

Total Liabilities

$662M

Stockholders' Equity

$630M

Cash & Equivalents

$23M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$353M	$359M	-1.8%
Gross Profit	$99M	$94M	+5.3%
Operating Income	$40M	$36M	+11.9%
Net Income	$18M	$21M	-11.7%