Standard Motor Products Gross Profit 2011-2026 | SMP

Gross profit is a key indicator of how efficiently a company produces or sells its products. This metric helps assess a business’s ability to generate revenue at the initial stage, before accounting for all other expenses. Regular analysis of gross profit allows companies to respond in a timely manner to changes in cost of goods, pricing strategy, and market conditions.

Calculation formula:
Gross Profit = Revenue – Cost of Goods Sold (COGS)

Revenue — all cash inflows from the sale of goods or services.
Cost of Goods Sold — direct costs related to the production or acquisition of goods:

Raw materials and supplies

Wages of production personnel

Depreciation of equipment

Transportation and warehousing costs (if directly related to production)

Importance for business:

Assessing core business profitability
If gross profit is declining, it may indicate rising production costs or falling sales.
Financial planning
Gross profit is the basis for calculating other key metrics, such as operating and net profit.
Benchmarking against competitors
Gross profit analysis helps compare the efficiency of different companies within the same industry.
Insights into pricing effectiveness
If gross profit is low, the company may be pricing too low or failing to control costs effectively.

Reasons for a decline in gross profit:

Increase in raw material and supply costs
Rising production expenses
Price reductions due to competition
Decrease in sales volume
Currency exchange rate fluctuations (for imports/exports)

Gross profit is an important metric, but it does not provide a complete picture of a company’s financial health, as it does not account for administrative and selling expenses, taxes, debt burden, or depreciation.

Annual Gross Profit Standard Motor Products

2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
389 M	383 M	377 M	337 M	332 M	313 M	327 M	322 M	281 M	290 M	290 M	260 M	229 M

All numbers in USD currency

Indicator range from annual reports

Maximum	Minimum	Average
389 M	229 M	318 M

Quarterly Gross Profit Standard Motor Products

2025-Q3	2025-Q2	2025-Q1	2024-Q3	2024-Q2	2024-Q1	2023-Q3	2023-Q2	2023-Q1	2022-Q4	2022-Q3	2022-Q2	2022-Q1	2021-Q4	2021-Q3	2021-Q2	2021-Q1	2020-Q4	2020-Q3	2020-Q2	2020-Q1	2019-Q4	2019-Q3	2019-Q2	2019-Q1	2018-Q4	2018-Q3	2018-Q2	2018-Q1	2017-Q4	2017-Q3	2017-Q2	2017-Q1	2016-Q4	2016-Q3	2016-Q2	2016-Q1	2015-Q4	2015-Q3	2015-Q2	2015-Q1	2014-Q4	2014-Q3	2014-Q2	2014-Q1	2013-Q4	2013-Q3	2013-Q2	2013-Q1	2012-Q4	2012-Q3	2012-Q2	2012-Q1	2011-Q4	2011-Q3	2011-Q2	2011-Q1
162 M	151 M	125 M	121 M	111 M	89.5 M	115 M	101 M	91.3 M	-	107 M	96.4 M	89.8 M	-	105 M	99.3 M	83.8 M	94.2 M	108 M	64.4 M	70.4 M	72.8 M	92.1 M	88.9 M	78 M	71.6 M	87.3 M	81.3 M	72.6 M	69.3 M	82.5 M	90.7 M	84.1 M	66.8 M	95.6 M	87.1 M	73 M	62.8 M	81.6 M	72.8 M	63.9 M	67.1 M	77.2 M	77.4 M	67.9 M	66.7 M	80.1 M	77.8 M	65.8 M	58 M	77.8 M	69.3 M	54.6 M	48.3 M	64.5 M	63.2 M	53.2 M

All numbers in USD currency

Indicator range from quarterly reporting

Maximum	Minimum	Average
162 M	48.3 M	84.2 M

Gross Profit of other stocks in the Auto parts industry

Issuer	Gross Profit	Price	% 24h	Market Cap	Country
СОЛЛЕРС SVAV	8.88 B	-	-	-	Russia
Нижнекамскшина NKSH	972 M	-	-	-	Russia
ЗВЕЗДА ZVEZ	-151 M	-	-	-	Russia
China XD Plastics Company Limited CXDC	64 M	-	-	$ 169 K	China
Dorman Products DORM	806 M	$ 124.32	0.91 %	$ 3.83 B	USA
BorgWarner BWA	2.65 B	$ 46.07	2.24 %	$ 10.3 B	USA
China Automotive Systems CAAS	109 M	$ 4.32	0.97 %	$ 130 M	China
Gentex Corporation GNTX	176 M	$ 23.69	1.78 %	$ 5.35 B	USA
Cooper Tire & Rubber Company CTB	488 M	-	-0.05 %	$ 3.04 B	USA
Veoneer, Inc. VNE	182 M	-	-	$ 4.14 B	Schweden
Magna International MGA	4.44 B	$ 54.59	2.42 %	$ 15.7 B	Canada
The Goodyear Tire & Rubber Company GT	3.14 B	$ 8.77	0.11 %	$ 2.52 B	USA
Monro MNRO	418 M	$ 19.79	-1.25 %	$ 592 M	USA
Modine Manufacturing Company MOD	644 M	$ 141.94	6.31 %	$ 7.47 B	USA
Dana Incorporated DAN	1.13 B	$ 24.66	3.79 %	$ 3.58 B	USA
Cooper-Standard Holdings CPS	303 M	$ 31.39	-4.39 %	$ 551 M	USA
American Axle & Manufacturing Holdings AXL	741 M	$ 6.51	1.48 %	$ 765 M	USA
Foresight Autonomous Holdings Ltd. FRSX	264 K	$ 1.4	8.53 %	$ 653 M	Israel
Commercial Vehicle Group CVGI	134 M	$ 1.51	4.85 %	$ 49.9 M	USA
Lear Corporation LEA	1.64 B	$ 118.27	3.2 %	$ 6.64 B	USA
Horizon Global Corporation HZN	143 M	-	-	$ 48.8 M	USA
Autoliv ALV	1.93 B	$ 121.85	2.65 %	$ 9.77 B	Schweden
Kandi Technologies Group KNDI	41.4 M	$ 0.82	4.04 %	$ 64.6 M	China
Motorcar Parts of America MPAA	154 M	$ 12.3	-0.36 %	$ 242 M	USA
Sypris Solutions SYPR	17.2 M	$ 2.46	0.82 %	$ 53.8 M	USA
LKQ Corporation LKQ	5.61 B	$ 30.15	-0.17 %	$ 7.95 B	USA
Aptiv PLC APTV	962 M	$ 77.85	2.31 %	$ 18.3 B	Britain
Allison Transmission Holdings ALSN	1.53 B	$ 99.0	1.12 %	$ 8.61 B	USA
Westport Fuel Systems WPRT	57.6 M	$ 1.57	-	$ 27.1 M	Canada
Douglas Dynamics PLOW	35.7 M	$ 32.78	0.4 %	$ 756 M	USA
Miller Industries MLR	171 M	$ 37.43	0.16 %	$ 429 M	USA
Meritor MTOR	505 M	-	-0.03 %	$ 2.58 B	USA
Gentherm Incorporated THRM	366 M	$ 36.7	0.89 %	$ 1.15 B	USA
Stoneridge SRI	214 M	$ 5.95	2.76 %	$ 164 M	USA
Strattec Security Corporation STRT	84.6 M	$ 75.16	-1.29 %	$ 303 M	USA
Superior Industries International SUP	111 M	-	6.14 %	$ 9.18 K	USA
Tenneco TEN	1.98 B	$ 21.86	-2.5 %	$ 1.8 B	USA
Adient plc ADNT	961 M	$ 19.3	0.68 %	$ 1.6 B	Irlanda
Visteon Corporation VC	531 M	$ 96.38	1.35 %	$ 2.66 B	USA
Unique Fabricating UFAB	16.7 M	-	-	$ 1.75 M	USA
VOXX International Corporation VOXX	114 M	-	-	$ 176 M	USA
XPEL XPEL	177 M	$ 50.0	0.17 %	$ 1.38 B	USA