SMP Q2 2024 Earnings — Standard Motor Products, Inc. Revenue & Financial Results | Market Cap Arena

SMPStandard Motor Products, Inc.

$822M

Q2 2024 Earnings

Consumer Cyclical Auto - Parts

Income Statement

Revenue

$390M+10.4% YoY

Gross Profit

$109M28.0% margin

Operating Income

$41M10.5% margin

Net Income

$18M4.6% margin

EPS (Diluted)

$0.81

QoQ Revenue Growth

+17.6%

Cash Flow

Operating Cash Flow

$36M

Free Cash Flow

$23M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$1.4B

Total Liabilities

$720M

Stockholders' Equity

$640M

Cash & Equivalents

$26M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$390M	$353M	+10.4%
Gross Profit	$109M	$99M	+10.2%
Operating Income	$41M	$40M	+2.9%
Net Income	$18M	$18M	-2.1%

Revenue Segments

Temperature Control

$124M62%

Engineered Solutions

$77M38%