Standard Motor Products Inc
NYSE:SMP
Standard Motor Products Inc
Standard Motor Products, Inc. engages in the manufacture, distribution, and market of replacement parts for motor vehicles in the automotive aftermarket industry. The company is headquartered in Long Island City, New York and currently employs 5,000 full-time employees. The firm operates through two segments: Engine Management and Temperature Control. The Engine Management segment manufactures and remanufactures ignition and emission parts, ignition wires, battery cables, fuel system parts and sensors for vehicle systems. The Temperature Control segment manufactures and remanufactures air conditioning compressors, air conditioning and heating parts, engine cooling system parts, power window accessories and windshield washer system parts. The firm sells its products primarily to automotive aftermarket retailers, warehouse distributors, original equipment manufacturers and original equipment service part operations in the United States, Canada, Europe, Asia, Mexico and other Latin American countries.
Standard Motor Products, Inc. engages in the manufacture, distribution, and market of replacement parts for motor vehicles in the automotive aftermarket industry. The company is headquartered in Long Island City, New York and currently employs 5,000 full-time employees. The firm operates through two segments: Engine Management and Temperature Control. The Engine Management segment manufactures and remanufactures ignition and emission parts, ignition wires, battery cables, fuel system parts and sensors for vehicle systems. The Temperature Control segment manufactures and remanufactures air conditioning compressors, air conditioning and heating parts, engine cooling system parts, power window accessories and windshield washer system parts. The firm sells its products primarily to automotive aftermarket retailers, warehouse distributors, original equipment manufacturers and original equipment service part operations in the United States, Canada, Europe, Asia, Mexico and other Latin American countries.
Strong Sales Growth: Standard Motor Products posted a 12.2% increase in Q4 sales and 22.4% growth for the full year, with a 4% organic increase excluding the Nissens acquisition.
Profitability: Adjusted EBITDA margin expanded, reaching 9.7% of net sales in Q4 and up 160 basis points for the year. Non-GAAP diluted EPS rose 19.1% in Q4 and 26.8% for the year.
Nissens Acquisition: The Nissens business contributed $64 million in Q4 sales and $305 million for the year, exceeding expectations and delivering mid-single-digit growth in local currency.
Segment Performance: All segments performed well, with Vehicle Control up 3.3% (excluding wire sets, which declined); Temperature Control up 5.9% in Q4 and over 12% for the year; Engineered Solutions returned to growth.
Outlook 2026: Management expects low to mid-single-digit sales growth for 2026, with adjusted EBITDA margin in the 11–12% range, and a leverage target of 2x EBITDA by year-end.
Tariff Environment: Tariff-related costs were offset by price increases in Q4, with management planning to continue passing through future tariff costs as needed.
