Standard Historical Income Statement

SMP Stock  USD 25.79  0.17  0.65%   
Historical analysis of Standard income statement accounts such as Other Operating Expenses of 814.3 M, Operating Income of 52.5 M, EBIT of 55.8 M or Ebitda of 74 M can show how well Standard Motor Products performed in making a profits. Evaluating Standard income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Standard's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Standard Motor Products latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Standard Motor Products is a good buy for the upcoming year.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Standard Motor Products. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

About Standard Income Statement Analysis

Standard Motor Products Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Standard shareholders. The income statement also shows Standard investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Standard Income Statement Chart

At this time, Standard's Interest Expense is relatively stable compared to the past year. As of 03/29/2025, Net Income From Continuing Ops is likely to grow to about 67.9 M, while Gross Profit is likely to drop slightly above 260.7 M.

Total Revenue

Total revenue comprises all receipts Standard Motor Products generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Standard Motor Products minus its cost of goods sold. It is profit before Standard operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Standard Motor Products. It is also known as Standard overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Operating Income

Operating Income is the amount of profit realized from Standard Motor Products operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Standard Motor Products is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most accounts from Standard's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Standard Motor Products current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Standard Motor Products. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
At this time, Standard's Interest Expense is relatively stable compared to the past year. As of 03/29/2025, Net Income From Continuing Ops is likely to grow to about 67.9 M, while Gross Profit is likely to drop slightly above 260.7 M.
 2022 2023 2024 2025 (projected)
Gross Profit382.5M388.8M423.3M260.7M
Total Revenue1.4B1.4B1.5B869.6M

Standard income statement Correlations

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0.50.50.480.54-0.010.010.120.50.66-0.13-0.49-0.33-0.30.70.09-0.20.75-0.6-0.47-0.24-0.54-0.980.89
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0.950.480.990.990.820.840.90.980.960.75-0.430.40.430.830.220.020.22-0.3-0.03-0.24-0.55-0.50.58
0.930.541.00.990.770.780.841.00.970.7-0.430.370.340.820.17-0.040.24-0.32-0.09-0.22-0.53-0.540.59
0.77-0.010.810.820.770.990.980.80.640.99-0.170.780.630.440.40.11-0.1-0.070.26-0.13-0.36-0.010.16
0.770.010.810.840.780.990.990.80.660.97-0.260.70.70.480.340.2-0.13-0.060.28-0.15-0.38-0.040.19
0.850.120.870.90.840.980.990.860.750.95-0.30.660.650.570.340.16-0.05-0.140.21-0.21-0.46-0.150.28
0.930.51.00.981.00.80.80.860.950.73-0.410.420.350.780.18-0.030.21-0.3-0.07-0.2-0.51-0.490.55
0.920.660.950.960.970.640.660.750.950.56-0.470.190.270.920.14-0.080.37-0.37-0.18-0.25-0.57-0.680.72
0.7-0.130.740.750.70.990.970.950.730.56-0.070.830.640.360.410.1-0.160.010.33-0.08-0.290.110.07
-0.36-0.49-0.42-0.43-0.43-0.17-0.26-0.3-0.41-0.47-0.070.33-0.22-0.410.3-0.670.050.320.160.290.340.51-0.34
0.39-0.330.420.40.370.780.70.660.420.190.830.330.27-0.030.61-0.1-0.160.010.170.1-0.020.36-0.12
0.34-0.30.370.430.340.630.70.650.350.270.64-0.220.270.14-0.180.39-0.430.350.73-0.22-0.240.25-0.21
0.810.70.790.830.820.440.480.570.780.920.36-0.41-0.030.140.2-0.170.54-0.43-0.24-0.23-0.6-0.770.81
0.290.090.190.220.170.40.340.340.180.140.410.30.61-0.180.2-0.310.47-0.36-0.150.17-0.22-0.120.38
-0.04-0.2-0.020.02-0.040.110.20.16-0.03-0.080.1-0.67-0.10.39-0.17-0.31-0.510.060.27-0.23-0.020.19-0.29
0.270.750.210.220.24-0.1-0.13-0.050.210.37-0.160.05-0.16-0.430.540.47-0.51-0.4-0.27-0.03-0.36-0.750.79
-0.39-0.6-0.3-0.3-0.32-0.07-0.06-0.14-0.3-0.370.010.320.010.35-0.43-0.360.06-0.40.530.30.650.61-0.64
-0.08-0.47-0.06-0.03-0.090.260.280.21-0.07-0.180.330.160.170.73-0.24-0.150.27-0.270.53-0.13-0.120.46-0.42
-0.38-0.24-0.21-0.24-0.22-0.13-0.15-0.21-0.2-0.25-0.080.290.1-0.22-0.230.17-0.23-0.030.3-0.130.590.28-0.06
-0.66-0.54-0.52-0.55-0.53-0.36-0.38-0.46-0.51-0.57-0.290.34-0.02-0.24-0.6-0.22-0.02-0.360.65-0.120.590.58-0.58
-0.53-0.98-0.5-0.5-0.54-0.01-0.04-0.15-0.49-0.680.110.510.360.25-0.77-0.120.19-0.750.610.460.280.58-0.91
0.590.890.560.580.590.160.190.280.550.720.07-0.34-0.12-0.210.810.38-0.290.79-0.64-0.42-0.06-0.58-0.91
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Standard Account Relationship Matchups

Standard income statement Accounts

202020212022202320242025 (projected)
Depreciation And Amortization26.3M27.2M28.3M29.0M31.4M18.3M
Interest Expense2.3M2.0M10.6M13.3M13.5M14.2M
Total Revenue1.1B1.3B1.4B1.4B1.5B869.6M
Gross Profit336.7M376.9M382.5M388.8M423.3M260.7M
Other Operating Expenses1.0B1.2B1.3B1.3B1.4B814.3M
Operating Income108.9M129.0M104.1M92.7M80.6M52.5M
Ebit109.7M132.5M108.9M92.6M87.5M55.8M
Ebitda136.0M159.7M137.2M121.7M118.9M74.0M
Cost Of Revenue791.9M921.9M989.3M969.4M1.0B608.9M
Total Operating Expenses224.7M247.5M276.5M296.1M342.7M205.4M
Income Before Tax107.4M130.5M98.3M81.7M74.0M42.9M
Total Other Income Expense Net(1.5M)1.5M(5.8M)(11.0M)(6.6M)(6.3M)
Net Income80.4M90.9M55.4M34.1M27.5M23.7M
Income Tax Expense27.0M31.0M25.2M18.4M19.4M13.0M
Selling General Administrative224.7M247.5M276.6M293.6M335.1M214.7M
Net Income Applicable To Common Shares57.9M57.4M90.9M55.4M63.7M39.0M
Net Income From Continuing Ops80.4M99.4M73.1M63.3M54.6M67.9M
Non Recurring2.6M3.1M392K1.9M1.7M2.7M
Non Operating Income Net Other2.6M812K3.5M4.8M5.5M5.8M
Discontinued Operations(11.1M)(23.0M)(8.5M)(17.7M)(15.9M)(16.7M)
Tax Provision27.0M31.0M25.2M18.4M19.4M22.3M
Interest Income109K2.0M209K517K871K581.2K
Extraordinary Items(11.1M)(23.0M)(8.5M)(17.7M)(15.9M)(16.7M)
Net Interest Income(2.3M)(2.0M)(10.4M)(12.8M)(12.6M)(12.0M)
Reconciled Depreciation26.3M27.2M28.3M29.0M31.4M29.7M

Pair Trading with Standard

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Standard position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Standard will appreciate offsetting losses from the drop in the long position's value.

Moving together with Standard Stock

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Moving against Standard Stock

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The ability to find closely correlated positions to Standard could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Standard when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Standard - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Standard Motor Products to buy it.
The correlation of Standard is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Standard moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Standard Motor Products moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Standard can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Standard Stock Analysis

When running Standard's price analysis, check to measure Standard's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Standard is operating at the current time. Most of Standard's value examination focuses on studying past and present price action to predict the probability of Standard's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Standard's price. Additionally, you may evaluate how the addition of Standard to your portfolios can decrease your overall portfolio volatility.