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Standard Motor Products SMP Vehicle Control Segment — Restructuring expenses

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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 vehicle control segment — restructuring expenses?
Standard Motor Products (SMP) reported vehicle control segment — restructuring expenses of $200K in Q1 2026.
How has Standard Motor Products's vehicle control segment — restructuring expenses changed year-over-year?
Standard Motor Products's vehicle control segment — restructuring expenses decreased by 33.3% year-over-year, from $300K to $200K.
What is the long-term trend for Standard Motor Products's vehicle control segment — restructuring expenses?
Over 2 years (2023 to 2025), Standard Motor Products's vehicle control segment — restructuring expenses has grown at a 24.5% compound annual growth rate (CAGR), from $1.3M to $2.01M.
What does vehicle control segment — restructuring expenses mean?
This metric represents the costs incurred by the Vehicle Control business segment related to organizational realignment, facility consolidations, or workforce reductions. These expenses reflect management's efforts to optimize operational efficiency and streamline the production or distribution of automotive ignition, emission, and fuel system components. Monitoring these charges helps investors assess the impact of strategic restructuring initiatives on the segment's underlying profitability and long-term cost structure.