44.72
+0.58%
Close of 9 Nov 2026, in USD
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About Standard Motor Products
From its filings with the US Securities and Exchange Commission
Standard Motor Products is based in Long Island City, New York and is incorporated in New York. Its shares trade on NYSE under the ticker SMP. The SEC classifies its business as motor vehicle parts & accessories. In the fiscal year to 31 December 2025, it reported revenue of $1.79bn and net income of $41.3m. At that date it held total assets of $2.00bn and shareholders' equity of $683.7m. By region, United States accounted for 71.1%, followed by Europe, excluding Poland at 14.3% and Canada at 4.9%.
We are a leading manufacturer and distributor of premium replacement parts in the automotive aftermarket and a custom-engineered solutions provider to vehicle and equipment manufacturers in diverse non-aftermarket end markets. Our business is organized into four operating segments: Vehicle Control, Temperature Control, Nissens Automotive and Engineered Solutions. Nissens Automotive was created in the fourth quarter of 2024 following the completion of our acquisition of AX V Nissens III ApS (now known as SMP Nissens III ApS) and its direct and indirect subsidiaries (“Nissens Automotive”) in November 2024. Our Vehicle Control, Temperature Control and Nissens Automotive operating segments supply the automotive aftermarket with premium replacement parts in largely non-discretionary categories. Our products are primarily used to perform non-discretionary repairs that extend the service life of vehicles by replacing critical components that have failed over time and that are necessary for vehicles to operate as designed. Our Engineered Solutions operating segment offers a broad array of conventional and future-oriented technologies in markets for commercial and light vehicles, construction, agriculture, power sports, marine, hydraulics and lawn and garden. We sell our products primarily to retailers, warehouse distributors, original equipment manufacturers and original equipment service part operations in the United States, Europe, Canada, Mexico, and other foreign countries.
Quoted from its 10-K, filed 26 Feb 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- Consumer Discretionary
- Industry
- Auto Components
- Listed since
- 22 May 1981
- Employees
- 5,700
- Website
- smpcorp.com ↗
- Head office
- 37-18 NORTHERN BLVD., LONG ISLAND CITY, NY, 11101
- Incorporated in
- NY
- Classification
- Motor Vehicle Parts & Accessories
- Filer status
- Accelerated filer
Leadership
Pay as last reported
- Mr. Eric SillsChairman of the Board, President, Chief Executive Officer, since 2006$1.6m
- Mr. Nathan IlesChief Financial Officer$1.3m
- Mr. James BurkeChief Operating Officer, Director, since 1998$1.5m
- Ms. Kristine FrostChief Human Resources Officer
- Mr. Dale BurksExecutive Vice President, Chief Commercial Officer$1.3m
- Ms. Esther ParkerChief Accounting Officer
- Mr. Ray NicholasChief Information Officer, Vice President - Information Technology, since 2006
- Ms. Erin PawlishTreasurer
- Mr. Carmine BroccoleCompany Secretary and Chief Legal Officer$1.1m
- Ms. Alisa NorrisPresiding Independent Director$207,160
- Mr. Alejandro CapparelliIndependent Director$197,160
- Ms. Pamela LiebermanIndependent Director$219,421
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 79
- Environment
- 72
- Social
- 99
- Governance
- 67
- Direct emissions (scope 1)
- 7,141 t
- Energy emissions (scope 2)
- 32,068 t
- Carbon reduction policy
- No
- Human rights policy
- Yes
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Strong Product Portfolio:
- Standard Motor Products Inc. has a diverse and high-quality product portfolio that includes a wide range of automotive replacement parts. This allows the company to cater to the needs of various automobile manufacturers and repair shops.
- Established Market Presence:
- With several decades of experience in the automotive industry, Standard Motor Products Inc. has established a strong market presence. The company's brand is recognized and trusted by consumers, which gives it a competitive advantage.
Weaknesses
- Dependence on External Suppliers:
- Standard Motor Products Inc. relies on external suppliers to source raw materials for its products. Any disruptions in the supply chain or issues with suppliers can impact the company's manufacturing process and ultimately affect its ability to meet customer demands.
- Limited Geographic Reach:
- While Standard Motor Products Inc. operates globally, its market presence is concentrated mainly in North America. This limits its exposure to international markets and may hinder its growth potential in regions with emerging automotive industries.
Opportunities
- Growing Demand for Electric Vehicles:
- As the demand for electric vehicles (EVs) continues to rise, Standard Motor Products Inc. can explore opportunities to provide replacement parts specific to EVs. This can help the company tap into a rapidly growing market and diversify its product offerings.
- Expansion into Emerging Markets:
- Standard Motor Products Inc. can consider expanding its geographic reach to emerging markets, such as Asia and Latin America, where the automotive industry is experiencing significant growth. This expansion can open new revenue streams and reduce its dependence on any single market.
Threats
- Intense Competition:
- The automotive industry is highly competitive, with numerous players vying for market share. Standard Motor Products Inc. faces competition from both established automotive parts manufacturers and newer, disruptive companies. This intensifies pricing pressures and challenges the company's market position.
- Economic Uncertainty:
- Fluctuations in the global economy can significantly impact the automotive industry. Economic downturns, currency volatility, and changes in consumer spending patterns can reduce demand for vehicles and, consequently, aftermarket parts. Standard Motor Products Inc. must be prepared to navigate such uncertainties and adapt its business strategies accordingly.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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