Standard Motor Products Inc (SMP)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 28.77% | 28.46% | 28.25% | 28.43% | 28.63% | 28.85% | 28.37% | 27.88% | 27.89% | 27.79% | 27.90% | 28.47% | 29.02% | 30.07% | 30.92% | 30.42% | 29.83% | 29.01% | 28.51% | 29.25% |
| 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% |
| Pretax margin | 5.05% | 5.73% | 5.56% | 5.73% | 6.02% | 6.25% | 6.17% | 6.38% | 7.17% | 8.14% | 8.74% | 9.54% | 10.04% | 10.72% | 11.70% | 10.79% | 9.51% | 8.61% | 7.20% | 7.87% |
| Net profit margin | 1.99% | 2.56% | 2.79% | 2.28% | 2.51% | 2.59% | 3.81% | 4.51% | 5.08% | 5.86% | 5.97% | 6.64% | 7.00% | 6.40% | 6.90% | 6.06% | 5.09% | 5.50% | 4.36% | 4.90% |
Standard Motor Products Inc's profitability ratios have shown some fluctuations over the past few years.
- The Gross Profit Margin has declined from 29.25% in March 2020 to 28.77% in December 2024, with some slight variations in between.
- The Operating Profit Margin has also experienced fluctuations, decreasing from 8.20% in March 2020 to 6.60% in December 2024, with some volatility throughout the period.
- Similarly, the Pretax Margin has shown a downward trend, falling from 7.87% in March 2020 to 5.05% in December 2024, reflecting a consistent decline over the years.
- The Net Profit Margin has followed a decreasing pattern as well, dropping from 4.90% in March 2020 to 1.99% in December 2024, indicating a significant decrease in profitability over the years.
Overall, the trends in these profitability ratios suggest that Standard Motor Products Inc's profitability has been under pressure, facing challenges that have impacted its ability to generate profits efficiently over the period analyzed.
Return on investment
| 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 return on assets (Operating ROA) | 5.32% | 7.60% | 7.30% | 6.40% | 7.17% | 7.57% | 7.47% | 7.42% | 8.30% | 8.54% | 8.86% | 9.66% | 10.77% | 11.32% | 12.53% | 12.69% | 11.38% | 10.08% | 8.38% | 9.66% |
| Return on assets (ROA) | 1.60% | 2.68% | 2.84% | 2.30% | 2.64% | 2.74% | 4.01% | 4.71% | 5.55% | 6.10% | 6.13% | 6.82% | 7.59% | 6.80% | 7.44% | 7.14% | 6.00% | 6.28% | 4.85% | 5.78% |
| Return on total capital | 17.86% | 17.72% | 19.40% | 19.26% | 20.31% | 21.57% | 19.26% | 18.82% | 19.15% | 21.13% | 22.14% | 22.12% | 22.42% | 23.89% | 25.74% | 23.63% | 21.11% | 18.94% | 16.25% | 19.86% |
| Return on equity (ROE) | 4.72% | 5.66% | 6.09% | 4.86% | 5.38% | 5.66% | 8.29% | 10.00% | 11.43% | 13.42% | 13.52% | 14.60% | 15.11% | 13.86% | 14.73% | 12.53% | 10.43% | 10.96% | 8.98% | 10.94% |
Standard Motor Products Inc's profitability ratios have shown fluctuations over the period under review.
- Operating return on assets (Operating ROA) has generally declined from 9.66% in March 2020 to 5.32% in December 2024, indicating a decrease in the company's ability to generate profits from its assets through core operations.
- Return on assets (ROA) also demonstrated a decreasing trend, dropping from 5.78% in March 2020 to 1.60% in December 2024. This suggests a decline in the company's efficiency in utilizing its assets to generate profits.
- Return on total capital witnessed fluctuations but remained relatively stable, ranging from 16.25% in June 2020 to 25.74% in June 2021. However, the ratio decreased to 17.86% by December 2024, signaling a decrease in the company's profitability relative to its total capital.
- Return on equity (ROE) showed a declining trend from 10.94% in March 2020 to 4.72% in December 2024. This reflects a decrease in the company's ability to generate returns for its shareholders from their equity investments.
Overall, the profitability of Standard Motor Products Inc has shown a declining trend over the period, with reductions in key profitability ratios indicating potential challenges in generating profits and returns for both the company and its shareholders.