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Standard Motor Products, Inc. — Q3 2026 Earnings Call Presentation
Standard Motor Products, Inc. (SMP) · 19 slides · Filed Oct 30, 2026
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Slide 1 — Standard Motor Products, Inc.
3rd Quarter 2026 Earnings Call | October 30, 2026 Standard Motor Products, Inc.
Slide 2 — Safe Harbor – Forward Looking Statements
Safe Harbor – Forward Looking Statements You should be aware that except for historical information, the matters discussed herein are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward looking statements, including projections and anticipated levels of future performance, are based on current information and assumptions and involve risks and uncertainties which may cause actual results to differ materially from those discussed herein. You are urged to review all of our filings with the SEC and our press releases from time to time for details of these risks and uncertainties. In addition, please see our press release issued on October 30, 2026 for factors that could cause future performance to vary from the expectations expressed or implied by the forward-looking statements herein and for certain reconciliations of GAAP to non-GAAP results. 2 Standard Motor Products, Inc. | Q3 2026 Earnings
Slide 3 — Agenda
Agenda ❖Welcome & Introduction Tony Cristello, VP Investor Relations ❖Overview & Market Trends Eric Sills, CEO ❖Financial Results & Balance Sheet Nathan Iles, CFO ❖Final Comments Eric Sills, CEO ❖Q&A All 3 Standard Motor Products, Inc. | Q3 2026 Earnings
Slide 4 — Q3 P&L Summary – Segments(1)
Q3 P&L Summary – Segments(1) 4 (In millions) THREE MONTHS ENDED NINE MONTHS ENDED SEPTEMBER 30, SEPTEMBER 30, 2026 2025 2026 2025 Vehicle Control Adjusted Net Sales $ 209.5 $ 197.7 $ 621.9 $ 591.7 Gross Margin 70.8 33.8% 62.2 31.5% 199.4 32.1% 185.0 31.3% Selling, General & Administrative 38.8 18.5% 38.6 19.5% 120.2 19.3% 112.4 19.0% Factoring Expenses 8.3 4.0% 7.7 3.9% 22.8 3.7% 21.3 3.6% Adjusted Segment Operating Income $ 23.7 11.3 % $ 15.9 8.0% $ 56.4 9.1% $ 51.3 8.7% Adjusted EBITDA $ 28.4 13.6% $ 20.4 10.3% $ 69.7 11.2 % $ 64.2 10.9% Temperature Control Adjusted Net Sales $ 138.7 $ 144.7 $ 380.2 $ 364.9 Gross Margin 44.2 31.8% 51.9 35.9% 122.9 32.3% 121.9 33.4% Selling, General & Administrative 18.8 13.6% 18.4 12.7% 52.8 13.9% 53.1 14.5% Factoring Expenses 6.6 4.9% 6.8 4.7% 14.8 3.9% 14.8 4.1% Adjusted Segment Operating Income $ 18.8 13.5% $ 26.8 18.5% $ 55.2 14.5% $ 54.0 14.8% Adjusted EBITDA $ 20.7 14.9% $ 28.5 19.7% $ 60.3 15.9% $ 59.1 16.2% (1) See appendices for reconciliation of GAAP to non-GAAP measures. Standard Motor Products, Inc. | Q3 2026 Earnings
Slide 5 — Q3 P&L Summary – Segments(1)
Q3 P&L Summary – Segments(1) 5 (In millions) THREE MONTHS ENDED NINE MONTHS ENDED SEPTEMBER 30, SEPTEMBER 30, 2026 2025 2026 2025 Nissens Automotive Adjusted Net Sales $ 91.0 $ 84.5 $ 260.2 $ 241.3 Gross Margin 38.1 41.9% 34.8 41.2% 110.4 42.4% 99.5 41.2% Selling, General & Administrative 24.3 26.8% 24.0 28.4% 72.9 28.0% 68.3 28.4% Adjusted Segment Operating Income $ 13.8 15.2% $ 10.8 12.8% $ 37.5 14.4% $ 31.2 12.9% Adjusted EBITDA $ 16.6 18.2% $ 14.2 16.8% $ 43.9 16.9% $ 42.0 17.4% Engineered Solutions Adjusted Net Sales $ 75.8 $ 72.2 $ 232.1 $ 208.4 Gross Margin 12.5 16.5% 12.9 17.9% 36.8 15.8% 37.3 17.9% Selling, General & Administrative 8.7 11.4 % 8.8 12.2% 26.3 11.3 % 26.0 12.5% Adjusted Segment Operating Income $ 3.8 5.1% $ 4.1 5.7% $ 10.4 4.5% $ 11.3 5.4% Adjusted EBITDA $ 7.3 9.6% $ 7.4 10.2% $ 20.3 8.8% $ 20.8 10.0% (1) See appendices for reconciliation of GAAP to non-GAAP measures. Standard Motor Products, Inc. | Q3 2026 Earnings
Slide 6 — Q3 P&L Summary – Consolidated(1)
Q3 P&L Summary – Consolidated(1) 6 Standard Motor Products, Inc. | Q3 2026 Earnings (In millions, except per share amounts) THREE MONTHS ENDED NINE MONTHS ENDED SEPTEMBER 30, SEPTEMBER 30, 2026 2025 2026 2025 Consolidated Results Adjusted Net Sales $ 512.9 $ 498.8 $ 1,490.8 $ 1,406.1 Gross Margin 165.6 32.3% 161.8 32.4% 469.4 31.5% 443.6 31.6% Selling, General & Administrative 96.9 18.9% 98.6 19.8% 292.5 19.6% 282.5 20.1% Factoring Expenses 14.9 2.9% 14.5 2.9% 37.6 2.5% 36.1 2.6% Adjusted Operating Income $ 53.8 10.5% $ 48.7 9.8% $ 139.3 9.3% $ 125.0 8.9% Net Earnings from Continuing Operations $ 35.3 $ 30.6 $ 85.9 $ 77.5 Adjusted EBITDA $ 66.6 13.0% $ 61.7 12.4% $ 174.6 11.7 % $ 163.6 11.6 % Interest Expense $ 6.3 $ 7.4 $ 21.3 $ 23.5 Diluted Earnings per Share $ 1.54 $ 1.36 $ 3.76 $ 3.45 (1) See appendices for reconciliation of GAAP to non-GAAP measures.
Slide 7 — Balance Sheet & Cash Flow Highlights
Balance Sheet & Cash Flow Highlights 7 Standard Motor Products, Inc. | Q3 2026 Earnings (In thousands, except for net debt leverage ratio) SEPTEMBER 30, DECEMBER 31, 2026 2025 2025 Working Capital Stats Accounts Receivable, Net $ 307.1 $ 296.2 $ 232.0 Inventories $ 646.1 $ 676.8 $ 727.9 Cash Flow Stats (YTD) Operating cash flows $ 207.2 $ 85.7 $ 57.4 Capex $ (23.5) $ (29.3) $ (38.7) Dividends $ (22.0) $ (20.4) $ (27.3) Net Change in Debt $ (125.1) $ (1.2) $ 27.7 Debt & Leverage Total debt $ 487.0 $ 589.5 $ 618.7 Cash $ 105.0 $ 87.2 $ 72.0 Net debt $ 381.9 $ 502.3 $ 546.7 LTM Adjusted EBITDA $ 212.0 $ 192.5 $ 200.9 Leverage ratio 1.8x 2.6x 2.7x Remaining borrowing capacity $ 247.5 $ 169.3 $ 137.0 Total Liquidity $ 352.5 $ 256.5 $ 209.0
Slide 8 — 2026 Guidance
2026 Guidance Full Year Outlook* Sales Growth Low to mid single digits Adjusted EBITDA % 11% to 12% Interest Expense Approximately $30 million Income Tax Rate Approximately 27.5% to 28% Depreciation & Amortization $45 to $50 million Total Operating Expenses Approximately $106 to $114 million per quarter *Guidance excludes the impact of ongoing changes in the tariff landscape, any significant inflationary impact from the conflict in the Middle East or increase in interest rates impacting our customers' supply chain financing programs. Standard Motor Products, Inc. | Q3 2026 Earnings 8
Slide 9 — Q&A Session
Q&A Session 9 Standard Motor Products, Inc. | Q3 2026 Earnings To ask a question please dial 1-800-347-6865 with conference ID-SMP3Q2026. Once connected you may press *1 to enter the queue
Slide 10 — Appendix
Appendix 10 Standard Motor Products, Inc. | Q3 2026 Earnings
Slide 11 — Reconciliation of GAAP to Adjusted Net Sales by Segment - QTD
Reconciliation of GAAP to Adjusted Net Sales by Segment - QTD Three Months Ended September 30, 2026 2025 (In thousands, unaudited) GAAP Net Sales IEEPA Tariff Adjustment Adjusted Net Sales GAAP Net Sales IEEPA Tariff Adjustment Adjusted Net Sales Vehicle Control Engine Management (Ignition, Emissions and Fuel Delivery) $ 125,944 $ 121,420 Electrical and Safety 66,196 63,192 Wire Sets and Other 13,849 13,070 Total Vehicle Control 205,989 3,492 209,481 197,682 — 197,682 Temperature Control AC System Components 106,004 114,033 Other Thermal Components 31,490 30,624 Total Temperature Control 137,494 1,208 138,702 144,657 — 144,657 Nissens Automotive Air Conditioning 45,933 36,409 Engine Cooling 33,165 32,168 Engine Efficiency 11,485 15,960 Total Nissens Automotive 90,583 376 90,959 84,537 — 84,537 Engineered Solutions Light Vehicle 24,674 21,977 Commercial Vehicle 21,800 21,111 Construction/Agriculture 10,200 20,247 All Other 19,053 8,863 Total Engineered Solutions 75,727 34 75,761 72,198 — 72,198 Intersegment sales (2,002) — (2,002) (238) — (238) Total $ 507,791 $ 5,110 $ 512,901 $ 498,836 $ — $ 498,836 Standard Motor Products, Inc. | Q3 2026 Earnings 11
Slide 12 — Reconciliation of GAAP to Adjusted Net Sales by Segment - YTD
Reconciliation of GAAP to Adjusted Net Sales by Segment - YTD Nine Months Ended September 30, 2026 2025 (In thousands, unaudited) GAAP Net Sales IEEPA Tariff Adjustment Adjusted Net Sales GAAP Net Sales IEEPA Tariff Adjustment Adjusted Net Sales Vehicle Control Engine Management (Ignition, Emissions and Fuel Delivery) $ 388,519 $ 368,019 Electrical and Safety 171,635 178,339 Wire Sets and Other 42,586 45,365 Total Vehicle Control 602,740 19,143 621,883 591,723 — 591,723 Temperature Control AC System Components 290,496 286,001 Other Thermal Components 81,250 78,904 Total Temperature Control 371,746 8,435 380,181 364,905 — 364,905 Nissens Automotive Air Conditioning 111,535 104,016 Engine Cooling 100,887 95,023 Engine Efficiency 47,203 42,217 Total Nissens Automotive 259,625 615 260,240 241,256 — 241,256 Engineered Solutions Light Vehicle 72,269 65,161 Commercial Vehicle 66,245 61,552 Construction/Agriculture 30,720 27,855 All Other 60,847 53,854 Total Engineered Solutions 230,081 2,040 232,121 208,422 — 208,422 Intersegment sales (3,636) — (3,636) (238) — (238) Total $ 1,460,556 $ 30,233 $ 1,490,789 $ 1,406,068 $ — $ 1,406,068 Standard Motor Products, Inc. | Q3 2026 Earnings 12
Slide 13 — Reconciliation of GAAP and Non-GAAP Earnings Measures
Reconciliation of GAAP and Non-GAAP Earnings Measures 13 Standard Motor Products, Inc. | Q3 2026 Earnings Three Months Ended Nine Months Ended September 30, September 30, (In thousands except per share amounts, unaudited) 2026 2025 2026 2025 Earnings from Continuing Operations Attributable to SMP GAAP Earnings from Continuing Operations 32,620 29,837 82,702 69,842 Restructuring Expenses 62 782 676 2,037 Litigation Matter 3,615 — 3,615 — Acquisition & Integration Expenses — 299 2 8,346 Income Tax Effect Related To Reconciling Items (956) (281) (1,116) (2,700) Non-GAAP Earnings from Continuing Operations 35,341 30,637 85,879 77,525 Diluted Earnings Per Share from Continuing Operations Attributable to SMP GAAP Diluted Earnings Per Share from Continuing Operations $ 1.42 $ 1.32 $ 3.62 $ 3.11 Restructuring Expenses — 0.04 0.03 0.09 Litigation Matter 0.16 — 0.16 — Acquisition & Integration Expenses — 0.01 — 0.37 Income Tax Effect Related To Reconciling Items $ (0.04) $ (0.01) $ (0.05) $ (0.12) Non-GAAP Diluted Earnings Per Share from Continuing Operations $ 1.54 $ 1.36 $ 3.76 $ 3.45
Slide 14 — Reconciliation of GAAP and Non-GAAP Earnings Measures
Reconciliation of GAAP and Non-GAAP Earnings Measures Standard Motor Products, Inc. | Q3 2026 Earnings 14 Last Twelve Months Ended Year Ended September 30, December 31, (In thousands, except for net debt leverage ratio) 2026 2025 2025 Net Debt Unaudited Audited Current portion of revolving credit facility $ 50,000 $ 30,000 $ 30,000 Current portion of term loan and other debt 21,130 20,839 21,988 Long-term debt 415,830 538,639 566,727 Total debt 486,960 589,478 618,715 Less: Cash 105,037 $ 87,201 72,031 Net debt 381,923 502,277 546,684 EBITDA without Special Items GAAP Net Earnings (Loss) $ 70,406 $ 32,099 $ 42,208 Loss from Discontinued Operations, Net of Income Taxes (22,379) (37,770) (37,698) Provision for Income Taxes 34,610 27,534 30,617 GAAP Earnings from Continuing Operations Before Taxes 127,395 97,403 110,523 Depreciation and Amortization 46,232 41,798 43,848 Interest Expense 29,234 28,998 31,339 EBITDA 202,861 168,199 185,710 Restructuring Expenses 1,219 3,931 2,580 Litigation Matter 3,615 — — Acquisition & Integration Expenses 239 20,418 8,583 Customer Program Wind Down 4,067 — 4,067 Special Items 9,140 24,349 15,230 EBITDA without Special Items $ 212,001 $ 192,548 $ 200,940 Net debt leverage ratio 1.8 2.6 2.7
Slide 15 — Reconciliation of GAAP and Non-GAAP Earnings Measures by Segment - QTD
Reconciliation of GAAP and Non-GAAP Earnings Measures by Segment - QTD 15 Standard Motor Products, Inc. | Q3 2026 Earnings Three Months Ended September 30, 2026 (In thousands, unaudited) Vehicle Control Temperature Control Nissens Automotive Engineered Solutions Total Adjusted Operating Income GAAP Segment Operating Income $ 23,651 $ 18,758 $ 10,188 $ 3,814 Restructuring Expenses 41 2 — 19 Litigation Matter — — 3,615 — Acquisition and Integration Expenses — — — — Other Expense, Net — — 2 2 Adjusted Segment Operating Income $ 23,692 $ 18,760 $ 13,805 $ 3,835 $ 60,092 Unallocated Corporate Expenses and Other $ (6,262) Adjusted Consolidated Operating Income $ 53,830 (In thousands, unaudited) Vehicle Control Temperature Control Nissens Automotive Engineered Solutions Corporate Unallocated Expenses Consolidated EBITDA without Special Items GAAP Net Earnings (Loss) $ 16,572 $ 14,345 $ 3,560 $ 2,481 $ (22,586) $ 14,372 Loss from Discontinued Operations, Net of Income Taxes — — — — (18,472) (18,472) Provision for Income Taxes 6,160 4,958 1,456 1,485 (2,063) $ 11,996 GAAP Earnings (Loss) from Continuing Operations Before Taxes 22,732 19,303 5,016 3,966 (6,177) 44,840 Depreciation and Amortization 4,648 891 3,300 2,673 350 11,862 Interest Expense 987 475 4,655 598 (448) 6,267 EBITDA 28,367 20,669 12,971 7,237 (6,275) 62,969 Restructuring Expenses 41 2 — 19 — 62 Litigation Matter — — 3,615 — — 3,615 Acquisition & Integration Expenses — — — — — — Special Items 41 2 3,615 19 — 3,677 EBITDA without Special Items $ 28,408 $ 20,671 $ 16,586 $ 7,256 $ (6,275) $ 66,646 % of GAAP Net Sales 13.8 % 15.0 % 18.3 % 9.6 % 13.1 % % of Non-GAAP Net Sales 13.6 % 14.9 % 18.2 % 9.6 % 13.0 %
Slide 16 — Reconciliation of GAAP and Non-GAAP Earnings Measures by Segment - QTD
Reconciliation of GAAP and Non-GAAP Earnings Measures by Segment - QTD Three Months Ended September 30, 2025 (In thousands, unaudited) Vehicle Control Temperature Control Nissens Automotive Engineered Solutions Total Adjusted Operating Income GAAP Segment Operating Income $ 15,135 $ 26,734 $ 10,811 $ 4,055 Restructuring Expenses 735 1 — 46 Acquisition and Integration Expenses — — 44 — Other Expense, Net 19 15 (45) (1) Adjusted Segment Operating Income $ 15,889 $ 26,750 $ 10,810 $ 4,100 $ 57,549 Unallocated Corporate Expenses and Other (8,843) Adjusted Consolidated Operating Income $ 48,706 (In thousands, unaudited) Vehicle Control Temperature Control Nissens Automotive Engineered Solutions Corporate Unallocated Expenses Consolidated EBITDA without Special Items GAAP Net Earnings (Loss) $ 10,733 $ 20,036 $ 4,420 $ 2,869 $ (42,232) $ (4,174) Loss from Discontinued Operations, Net of Income Taxes — — — — (34,172) (34,172) Provision for Income Taxes 3,520 7,087 1,120 1,370 (1,119) 11,978 GAAP Earnings (Loss) from Continuing Operations Before Taxes 14,253 27,123 5,540 4,239 (9,179) 41,976 Depreciation and Amortization 4,174 785 3,333 2,574 335 11,201 Interest Expense 1,267 587 5,322 515 (297) 7,394 EBITDA 19,694 28,495 14,195 7,328 (9,141) 60,571 Restructuring Expenses 735 1 — 46 — 782 Acquisition & Integration Expenses — — 44 — 255 299 Special Items 735 1 44 46 255 1,081 EBITDA without Special Items $ 20,429 $ 28,496 $ 14,239 $ 7,374 $ (8,886) $ 61,652 % of GAAP Net Sales 10.3 % 19.7 % 16.8 % 10.2 % 12.4 % % of Non-GAAP Net Sales 10.3 % 19.7 % 16.8 % 10.2 % 12.4 % Standard Motor Products, Inc. | Q3 2026 Earnings 16
Slide 17 — Reconciliation of GAAP and Non-GAAP Earnings Measures by Segment - YTD
17 Standard Motor Products, Inc. | Q3 2026 Earnings Nine Months Ended September 30, 2026 (In thousands, unaudited) Vehicle Control Temperature Control Nissens Automotive Engineered Solutions Total Adjusted Operating Income GAAP Segment Operating Income $ 55,490 $ 55,470 $ 33,889 $ 10,496 Restructuring Expenses 551 74 — 51 Litigation Matter — — 3,615 — Acquisition and Integration Expenses — — 2 — Other Expense, Net 316 (303) (3) (125) Adjusted Segment Operating Income $ 56,357 $ 55,241 $ 37,503 $ 10,422 $ 159,523 Unallocated Corporate Expenses and Other (20,259) Adjusted Consolidated Operating Income $ 139,264 (In thousands, unaudited) Vehicle Control Temperature Control Nissens Automotive Engineered Solutions Corporate Unallocated Expenses Consolidated EBITDA without Special Items GAAP Net Earnings (Loss) $ 37,346 $ 41,256 $ 11,660 $ 7,303 $ (35,263) $ 62,302 Loss from Discontinued Operations, Net of Income Taxes — — — — (21,050) (21,050) Provision for Income Taxes 13,751 14,448 4,758 3,390 (5,487) $ 30,860 GAAP Earnings (Loss) from Continuing Operations Before Taxes 51,097 55,704 16,418 10,693 (19,700) 114,212 Depreciation and Amortization 13,395 2,586 9,877 7,867 1,052 34,777 Interest Expense 4,699 1,960 14,031 1,714 (1,059) 21,345 EBITDA 69,191 60,250 40,326 20,274 (19,707) 170,334 Restructuring Expenses 551 74 — 51 — 676 Litigation Matter — — 3,615 — — 3,615 Acquisition & Integration Expenses — — 2 — — 2 Special Items 551 74 3,617 51 — 4,293 EBITDA without Special Items $ 69,742 $ 60,324 $ 43,943 $ 20,325 $ (19,707) $ 174,627 % of GAAP Net Sales 11.6 % 16.2 % 16.9 % 8.8 % 12.0 % % of Non-GAAP Net Sales 11.2 % 15.9 % 16.9 % 8.8 % 11.7 % Reconciliation of GAAP and Non-GAAP Earnings Measures by Segment - YTD
Slide 18 — Reconciliation of GAAP and Non-GAAP Earnings Measures by Segment - YTD
Reconciliation of GAAP and Non-GAAP Earnings Measures by Segment - YTD Nine Months Ended September 30, 2025 (In thousands, unaudited) Vehicle Control Temperature Control Nissens Automotive Engineered Solutions Total Adjusted Operating Income GAAP Segment Operating Income $ 49,457 $ 54,170 $ 23,432 $ 11,185 Restructuring Expenses 1,740 190 — 105 Acquisition and Integration Expenses — — 7,877 — Other Expense, Net 102 (312) (85) (24) Adjusted Segment Operating Income $ 51,299 $ 54,048 $ 31,224 $ 11,266 $ 147,837 Unallocated Corporate Expenses and Other (22,839) Adjusted Consolidated Operating Income $ 124,998 (In thousands, unaudited) Vehicle Control Temperature Control Nissens Automotive Engineered Solutions Corporate Unallocated Expenses Consolidated EBITDA without Special Items GAAP Net Earnings (Loss) $ 35,318 $ 40,312 $ 5,954 $ 8,150 $ (55,629) $ 34,105 Loss from Discontinued Operations, Net of Income Taxes — — — — (36,369) (36,369) Provision for Income Taxes 11,430 14,361 2,088 3,508 (4,520) 26,867 GAAP Earnings (Loss) from Continuing Operations Before Taxes 46,748 54,673 8,042 11,658 (23,780) 97,341 Depreciation and Amortization 11,913 2,347 9,645 7,501 987 32,393 Interest Expense 3,820 1,888 16,455 1,517 (230) 23,450 EBITDA 62,481 58,908 34,142 20,676 (23,023) 153,184 Restructuring Expenses 1,740 190 — 105 2 2,037 Acquisition & Integration Expenses — — 7,877 — 469 8,346 Special Items $ 1,740 $ 190 $ 7,877 $ 105 $ 471 $ 10,383 EBITDA without Special Items $ 64,221 $ 59,098 $ 42,019 $ 20,781 $ (22,552) $ 163,567 % of GAAP Net Sales 10.9 % 16.2 % 17.4 % 10.0 % 11.6 % % of Non-GAAP Net Sales 10.9 % 16.2 % 17.4 % 10.0 % 11.6 % Standard Motor Products, Inc. | Q3 2026 Earnings 18
Slide 19 — Reconciliation of GAAP and Non-GAAP Operating Income
Three Months Ended Nine Months Ended September 30, September 30, (In thousands, unaudited) 2026 2025 2026 2025 Adjusted Consolidated Operating Income GAAP Consolidated Operating Income $ 50,149 $ 47,636 $ 135,086 $ 114,934 Restructuring Expenses 62 782 676 2,037 Litigation Matter 3,615 — 3,615 — Acquisition and Integration Expenses — 299 2 8,346 Other Expense, Net 4 (12) (115) (319) Adjusted Consolidated Operating Income $ 53,830 $ 48,705 $ 139,264 $ 124,998 Reconciliation of GAAP and Non-GAAP Operating Income Standard Motor Products, Inc. | Q3 2026 Earnings 19