SMP (SMP) financial statements
SMP reported revenue of $1.8B in fiscal 2025, up 6.0% a year over 9 years.
Net income was $41M and the operating margin 7.6%, against 9.3% in 2016.
Free cash flow was $19M, and the company returned $27M in dividends.
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from SMP's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.1B | $1.1B | $1.1B | $1.1B | $1.1B | $1.3B | $1.4B | $1.4B | $1.5B | $1.8B |
| Cost of revenue | $736M | $789M | $779M | $806M | $792M | $922M | $989M | $969M | $1.0B | $1.2B |
| Gross profit | $322M | $327M | $313M | $332M | $337M | $377M | $383M | $389M | $423M | $559M |
| Selling, general and admin | $221M | $224M | $231M | $235M | $225M | $248M | $277M | $294M | $335M | $421M |
| Operating income | $99M | $98M | $81M | $94M | $109M | $129M | $104M | $93M | $81M | $137M |
| Interest expense | $2M | $2M | $4M | $5M | $2M | $2M | $11M | $13M | $14M | $31M |
| Pre-tax income | $99M | $96M | $77M | $92M | $107M | $130M | $98M | $82M | $74M | $111M |
| Income tax | $36M | $53M | $20M | $23M | $27M | $31M | $25M | $18M | $19M | $31M |
| Net income | $60M | $38M | $43M | $58M | $57M | $91M | $55M | $34M | $28M | $41M |
| EPS (diluted) | $2.62 | $1.64 | $1.88 | $2.54 | $2.51 | $4.02 | $2.50 | $1.54 | $1.24 | $1.84 |
| Diluted shares | 23M | 23M | 23M | 23M | 23M | 23M | 22M | 22M | 22M | 22M |
| Gross margin | 30.5% | 29.3% | 28.6% | 29.2% | 29.8% | 29.0% | 27.9% | 28.6% | 28.9% | 31.2% |
| Operating margin | 9.3% | 8.7% | 7.4% | 8.3% | 9.6% | 9.9% | 7.6% | 6.8% | 5.5% | 7.6% |
| Net margin | 5.7% | 3.4% | 3.9% | 5.1% | 5.1% | 7.0% | 4.0% | 2.5% | 1.9% | 2.3% |
Balance sheet
Fiscal years, from SMP's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $20M | $17M | $11M | $10M | $19M | $22M | $21M | $33M | $44M | $72M |
| Receivables | $135M | $140M | $158M | $127M | $198M | $181M | $168M | $160M | $211M | $232M |
| Inventory | — | — | — | — | — | — | — | $525M | $641M | $728M |
| Total current assets | $474M | $496M | $546M | $541M | $599M | $711M | $762M | $744M | $922M | $1.1B |
| Property, plant and equipment | $78M | $89M | $91M | $90M | $89M | $103M | $107M | $122M | $169M | $189M |
| Goodwill | $67M | $67M | $67M | $78M | $78M | $132M | $132M | $135M | $241M | $256M |
| Total assets | $769M | $788M | $819M | $904M | $957M | $1.2B | $1.3B | $1.3B | $1.8B | $2.0B |
| Total current liabilities | $284M | $286M | $313M | $301M | $303M | $476M | $323M | $304M | $436M | $493M |
| Long-term debt | $120,000 | $79,000 | $153,000 | $129,000 | $97,000 | $21,000 | $185M | $151M | $535M | $567M |
| Total liabilities | $328M | $334M | $376M | $400M | $406M | $585M | $634M | $642M | $1.2B | $1.3B |
| Shareholders' equity | $441M | $454M | $467M | $504M | $550M | $602M | $610M | $635M | $616M | $684M |
| Net debt | -$20M | -$13M | $38M | $47M | -$9M | $107M | $218M | $124M | $518M | $547M |
Cash flow
Fiscal years, from SMP's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $98M | $65M | $70M | $77M | $98M | $86M | -$28M | $144M | $77M | $57M |
| Capital spending | $21M | $24M | $20M | $16M | $18M | $26M | $26M | $29M | $44M | $39M |
| Free cash flow | $77M | $40M | $50M | $61M | $80M | $60M | -$53M | $116M | $33M | $19M |
| Stock-based compensation | $6M | $8M | $8M | $7M | $8M | $9M | $8M | $7M | $6M | $8M |
| Dividends paid | $15M | $17M | $19M | $21M | $11M | $22M | $23M | $25M | $25M | $27M |
| Share buybacks (net) | -$377,000 | -$24M | -$15M | -$11M | -$13M | -$27M | -$30M | $0 | -$10M | $0 |
| Free cash flow margin | 7.3% | 3.6% | 4.6% | 5.3% | 7.1% | 4.6% | -3.9% | 8.5% | 2.2% | 1.0% |
| Dividends per share | $0.67 | $0.75 | $0.82 | $0.90 | $0.49 | $0.98 | $1.06 | $1.14 | $1.14 | $1.21 |
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Open SMP in InvestinglyQuestions
What was SMP's revenue in 2025?
$1.8B in fiscal 2025, from its 10-K filing.
How much free cash flow does SMP generate?
$19M in fiscal 2025 (operating cash flow minus capital spending).
From SMP's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.