Standard Motor Products, Inc. Releases Third Quarter 2026 Results and Quarterly Dividend
Key Highlights
- ➤Adjusted Q3 sales $512.9M, up 2.8% year over year
- ➤Adjusted diluted EPS $1.54, up 13.2% year over year
- ➤Adjusted EBITDA reached a record $66.6M, versus $61.7M
- ➤Net debt leverage fell to 1.8x from 2.5x in Q2
- ➤Full-year sales-growth and adjusted EBITDA-margin guidance reaffirmed
Expert Statements
Eric Sills, Chairman and Chief Executive Officer of Standard Motor Products
“Overall we are very pleased with our third quarter. Adjusted net sales for the quarter, excluding the impact of the accounting treatment for IEEPA tariff refunds received in the quarter, increased 2.8% with three of our four operating segments showing solid gains, while adjusted EBITDA increased to a record-setting $66.6 million. Year-to-date we have set records for both top and bottom-line performance.”
Eric Sills, Chairman and Chief Executive Officer of Standard Motor Products
“As we move into the final quarter of the year, we are optimistic that we can continue to navigate the challenging environment and maintain the positive momentum we have experienced over the past several quarters. Our quality products and brands across a wide assortment of non-discretionary categories have us well-positioned to support our customers and the repair professional. The resiliency of the aftermarket in both North America and Europe has us excited about our future path for growth and improved profitability. I would like to thank our employees for their hard work and commitment to our continued success.”
Standard Motor Products, Inc. Releases Third Quarter 2026 Results and Quarterly Dividend PR Newswire
* Third quarter net sales of $507.8 million with adjusted net sales up 2.8% to $512.9 million * Third quarter diluted earnings per share of $1.42 with adjusted diluted earnings per share of $1.54, up 13.2% versus prior year * Net debt leverage improved to 1.8x from 2.5x in our second quarter, surpassing our target to be below 2.0x in FY'26 * Reaffirming full-year guidance of low to mid-single digit sales growth and adjusted EBITDA margin of 11% - 12% NEW YORK, Oct. 30, 2026 /PRNewswire/ -- Standard Motor Products, Inc. (NYSE: SMP), a leading automotive parts manufacturer and distributor, reported today its consolidated financial results for the three and nine months ended September 30, 2026.
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