Standard Motor Products Inc (SMP)
Operating profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 96,600 | 102,667 | 100,334 | 86,550 | 92,677 | 98,442 | 97,251 | 97,966 | 104,135 | 112,635 | 117,558 | 126,590 | 128,999 | 135,374 | 144,800 | 123,896 | 108,895 | 95,814 | 79,154 | 90,861 |
| Revenue (ttm) | US$ in thousands | 1,463,849 | 1,411,253 | 1,398,401 | 1,361,647 | 1,358,272 | 1,375,715 | 1,370,675 | 1,377,012 | 1,371,815 | 1,373,493 | 1,362,430 | 1,345,094 | 1,298,816 | 1,271,677 | 1,244,976 | 1,150,839 | 1,128,588 | 1,087,102 | 1,051,216 | 1,108,449 |
| Operating profit margin | 6.60% | 7.27% | 7.17% | 6.36% | 6.82% | 7.16% | 7.10% | 7.11% | 7.59% | 8.20% | 8.63% | 9.41% | 9.93% | 10.65% | 11.63% | 10.77% | 9.65% | 8.81% | 7.53% | 8.20% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $96,600K ÷ $1,463,849K
= 6.60%
Standard Motor Products Inc's operating profit margin has shown some fluctuations over the past few years. It increased from 8.20% in March 2020 to a peak of 11.63% in June 2021 before gradually declining to 6.60% by December 2024. The company experienced a general upward trend in operating profit margin until mid-2021, indicating improved efficiency in generating profits from its operations. However, there has been a slight decline in recent periods, suggesting potential challenges in maintaining profitability. Standard Motor Products Inc should continue monitoring its operating profit margin closely to ensure sustainable financial performance.
Peer comparison
Dec 31, 2024