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Standard Motor Products SMP Engineered Solutions — Restructuring expenses

Other segment segments

Vehicle Control
$272K-48.3%
Temperature Control
$70K-48.5%
Nissens Automotive
$0

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Other financials

Income statement

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Revenue$451.2M+9.1%
Gross profit$139.2M+11.6%
Operating income$34.1M+39.4%
Net income$17.1M+36.4%
EPS (diluted)$0.75+33.9%

Balance sheet

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Cash & equivalents$59.2M+17.8%
Total debt$770.9M0.0%
Total equity$693.3M+8.7%
Total assets$2.0B+6.3%

Cash flow

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Operating cash flow-$41.9M+30.4%
CapEx$6.7M-26.2%
Free cash flow-$48.7M+29.8%

Valuation

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Market cap$910.59M+11.4%
Enterprise value$1.62B+7.0%
P/E19.8×+0.2×
P/S0.5×0.0×

Profitability

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Gross margin31.4%+1.7pp
Operating margin8%+2.1pp
Net margin2.5%+0.3pp
FCF margin6.2%

Returns & leverage

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Return on equity6.9%+1.7pp
Debt / equity1.1×-0.1×
Current ratio2.2×-0.1×

Where this comes from

Reported directly by Standard Motor Products in its filing.

Tagged under the XBRL concept us-gaap:RestructuringCharges.

The source filing: Standard Motor Products’s 10-Q, filed April 30, 2026.

Filed
Apr 30, 2026, 11:46 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000093389-26-000050
Three Months Ended March 31, 2026Vehicle ControlTemperature ControlNissens AutomotiveEngineered SolutionsIntersegment salesTotal
Distribution expenses18,7597,5149,1511,268
General and administration expenses10,4504,5189,6615,178
Supply chain financing expenses7,0732,038123
Restructuring expenses2727024
Other expenses2
Segment operating income$19,613$10,843$7,873$1,82240,151
Unallocated corporate expenses and other6,058
Other non-operating income, net(1,279)

ITEM 1. CONSOLIDATED FINANCIAL STATEMENTS

FAQ

What is Standard Motor Products's engineered solutions — restructuring expenses?
Standard Motor Products (SMP) reported engineered solutions — restructuring expenses of $24K in Q1 2026.
How has Standard Motor Products's engineered solutions — restructuring expenses changed year-over-year?
Standard Motor Products's engineered solutions — restructuring expenses increased by 20.0% year-over-year, from $20K to $24K.
What does engineered solutions — restructuring expenses mean?
Captures one-time costs related to organizational changes, such as facility consolidations, workforce reductions, or process improvements within the Engineered Solutions segment. These expenses are typically excluded from core operating performance to show the underlying health of the business.

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