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Standard Motor Products SMP Temperature Control — Restructuring expenses

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$272K-48.3%
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$24K+20.0%
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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$877.84M+32.0%
Enterprise value$1.59B+14.7%
P/E19.1×-0.8×
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 official record: Standard Motor Products’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Standard Motor Products's temperature control — restructuring expenses?
Standard Motor Products (SMP) reported temperature control — restructuring expenses of $70K in Q1 2026.
How has Standard Motor Products's temperature control — restructuring expenses changed year-over-year?
Standard Motor Products's temperature control — restructuring expenses decreased by 48.5% year-over-year, from $136K to $70K.
What is the long-term trend for Standard Motor Products's temperature control — restructuring expenses?
Over 2 years (2022 to 2025), Standard Motor Products's temperature control — restructuring expenses has grown at a -30.6% compound annual growth rate (CAGR), from $395K to $190K.
What does temperature control — restructuring expenses mean?
Costs associated with organizational changes, facility consolidations, or workforce reductions aimed at improving the long-term efficiency of the temperature control segment. While these are often non-recurring, they indicate management's efforts to streamline operations.