Standard Motor Products, Inc. (SMP)

Industrial · Automotive Parts · Price $37.01
Updated: Sep 1, 2026
Gross Profit (TTM)
$587.6M
Trailing 12 Months
Growth Rate
15.23%
Log-Linear Regression (16Q)
Gross Margin
31.99%
Pricing Power
Revenue
$1.8B
Top Line Sales
Operating Income
$154.1M
After OpEx

📈 Gross Profit History (16 Quarters)

🧮 SMP Gross Profit Breakdown

Gross Profit = Revenue - Cost of Revenue
Revenue (Total Sales) $1.8B
Less: Cost of Revenue (COGS) $1.2B
Equals: Gross Profit $587.6M

Understanding Gross Profit

Gross Profit is Revenue minus Cost of Revenue (also called Cost of Goods Sold or COGS). It measures how much a company earns from selling its products before subtracting operating expenses. For SMP, the trailing twelve month gross profit is $587.6M.

Why Gross Profit Matters

Gross margin (Gross Profit / Revenue) is one of the most important indicators of pricing power and competitive advantage. Companies with high and stable gross margins typically have differentiated products, strong brands, or unique capabilities.

SMP's gross profit growth rate of 15.23% (based on log-linear regression of 16 quarters) indicates strong growth above market averages.

Gross Margin: The Key Metric

SMP's gross margin of 31.99% shows what percentage of each sales dollar remains after paying direct production costs. Gross margins between 25-40% are common in competitive manufacturing and retail businesses.

Gross Profit vs Other Profitability Metrics

Operating Income: $154.1M →

Gross Profit minus operating expenses (SG&A, R&D). Shows profitability after all operating costs but before interest and taxes.

Net Income: $51.0M →

The bottom line after all expenses including interest and taxes. The final measure of accounting profit.

Free Cash Flow: $39.4M →

Actual cash generated after capital expenditures. Can differ significantly from gross profit due to working capital and capex.

Revenue: $1.8B →

The top line that gross profit is derived from. Gross margin shows what percentage becomes gross profit.

Summary: SMP Gross Profit Trend

Standard Motor Products, Inc. (SMP) has a gross margin of 31.99%, which Zyberno classifies as good for a Industrials company — above the 20% threshold Zyberno applies to industrial businesses where input costs, manufacturing efficiency, and contract mix shape gross margins, reflecting solid product economics. Gross profit grew at 15.23% annually — above the 10% threshold Zyberno considers healthy growth above market averages. For complete financial analysis, view the full SMP stock report on Zyberno.

Frequently Asked Questions

What is SMP's current gross profit?

Standard Motor Products, Inc.'s trailing twelve month (TTM) gross profit is $587.6M, growing at 15.23% annually — above the 10% threshold Zyberno considers healthy growth above market averages.

Is SMP's gross profit growing?

Standard Motor Products, Inc. (SMP) has a gross margin of 31.99%, which Zyberno classifies as good for a Industrials company — above the 20% threshold Zyberno applies to industrial businesses where input costs, manufacturing efficiency, and contract mix shape gross margins, reflecting solid product economics. Gross profit grew at 15.23% annually — above the 10% threshold Zyberno considers healthy growth above market averages.

What is SMP's gross margin?

Standard Motor Products, Inc. (SMP) has a gross margin of 31.99%, which Zyberno classifies as good for a Industrials company — above the 20% threshold Zyberno applies to industrial businesses where input costs, manufacturing efficiency, and contract mix shape gross margins, reflecting solid product economics. Gross profit grew at 15.23% annually — above the 10% threshold Zyberno considers healthy growth above market averages.

What is the difference between gross profit and net income?

Gross profit is Revenue minus Cost of Revenue only. Net income also subtracts operating expenses, interest, and taxes. SMP's gross profit is $587.6M versus net income of $51.0M.

📊 Valuation Trilogy
Three interconnected metrics built on Owner Earnings
💎
Intrinsic Value
DCF Fair Value
$55.00
🛡️
Margin of Safety
Valuation Gap
32.7%
🎯
Expected Return
Projected Annual
29.9%
Click any metric for full methodology and detailed analysis

📊 Full SMP Stock Report

See SMP's intrinsic value, margin of safety, DCF valuation, and complete financial analysis with 250+ metrics.

💵 SMP Free Cash Flow

Compare to Free Cash Flow which subtracts all capital expenditures, not just maintenance CapEx.

💰 SMP Owner Earnings

Compare to Buffett's Owner Earnings metric which uses maintenance CapEx instead of total capital expenditures.

📈 SMP Earnings Per Share

Analyze EPS trends, P/E ratio, earnings yield, and per-share profitability metrics.

🎯 SMP Earnings Surprise (SUE)

See whether SMP is beating or missing its own earnings trend — Standardized Unexpected Earnings and post-earnings drift.

📊 SMP Revenue

Analyze revenue trends, growth rate, P/S ratio, and top-line sales performance.

💰 SMP Net Income

Analyze the bottom-line profit, P/E ratio, and net profit margin trends.

🔶 SMP Operating Income

Analyze EBIT, operating margin, and core business profitability before interest and taxes.

💜 SMP Gross Profit

Analyze gross margin, pricing power, and profitability before operating expenses.

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