| Metric | Value ($ M) | Q2 FY25 | Q3 FY24 |
|---|---|---|---|
| Revenue | 498.84 | 1.0% | 24.9% |
| Total Income | 498.84 | 1.0% | 24.9% |
| Expenditure | 451.20 | 0.0% | 24.6% |
| PBT | 41.98 | 15.3% | 16.2% |
| Net Profit | -4.34 | 117.2% | 213.9% |
| OPM | 9.55% | 0.88pp | 0.25pp |
| NPM | -0.87% | 5.98pp | 1.82pp |
| EPS | -0.20 | 117.4% | 211.1% |
Standard Motor Products Reports Q3 2025 Net Sales Up 24.9%
04 May 2026 · 4 May, 8:22 am
Summary
Standard Motor Products reported a strong third quarter with net sales of $498.8 million, a 24.9% increase compared to the same quarter in the previous year. Excluding Nissens, net sales were up 3.8%. Adjusted non-GAAP diluted earnings per share increased by 6.3% for the quarter and 27.8% year-to-date. The company is raising its full-year sales growth guidance to the low-to-mid 20’s percent range and tightening its adjusted EBITDA margin outlook to 10.5% - 11%.
Key Highlights
- 1
Third quarter net sales increased by 24.9% to $498.8 million, and by 3.8% excluding Nissens.
- 2
Adjusted Q3 non-GAAP diluted earnings per share of $1.36 increased 6.3% year-over-year.
- 3
Year-to-date adjusted non-GAAP diluted earnings per share of $3.45 increased 27.8% from last year.
- 4
The company is raising full-year sales guidance to the low-to-mid 20’s percent growth range, including Nissens.
- 5
Adjusted EBITDA margin outlook is tightened to 10.5% - 11%, reflecting strong year-to-date results.
- 6
Nissens contributed sales of $84.5 million with an adjusted EBITDA margin of 16.8% in Q3.
- 7
Total net debt at quarter-end stood at $502.3 million, with debt leverage declining from 3.2x to 2.6x.
Management Comments
Eric Sills
We are very pleased with our solid third quarter results, especially following our record quarter last year. Sales for the quarter increased nearly 25%, or 3.8% excluding the impact of Nissens Automotive (Nissens). This reflects an ongoing trend, as year-to-date we are up 25.5%, or 4.0% excluding Nissens. Additionally, adjusted non-GAAP diluted earnings per share grew 6.3% for the quarter and 27.8% for the year. In closing, Mr. Sills commented, “This has been a strong year for SMP despite volatility related to tariffs, geopolitical issues and an uncertain macroeconomic environment. Demand for our North American aftermarket products remains solid as our customers continue to partner with us to service the aging fleet on the road today. We are investing in our business model to expand our position globally, capitalizing on complementary strengths with Nissens to expand on both sides of the ocean. We will continue to find ways to grow, improve profitability and deliver increased shareholder value, and as such are optimistic about our future. I would like to thank our employees for their hard work and commitment to our continued success.”
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