Standard Motor Products Q4 sales up 18.1% to $343.4 million; GAAP loss
Standard Motor Products reported fourth-quarter 2024 net sales of $343.4 million, up 18.1%, helped by the Nissens acquisition, which closed November 1. The company swung to a GAAP loss from continuing operations of $0.8 million, or $0.04 per diluted share, versus earnings of $7.2 million a year earlier, while adjusted EPS rose to $0.47 from $0.37. The company expects 2025 sales growth in the mid-teens and adjusted EBITDA margin of 10.0-11.0%, but its results include acquisition-related charges and debt rose to $517.9 million of net debt.
Key points
- Q4 2024 net sales $343.4 million, up 18.1%; up 5.8% excluding Nissens, which contributed $35.7 million
- Q4 GAAP loss from continuing operations $0.8 million ($0.04 per diluted share) vs. earnings of $7.2 million ($0.32) in Q4 2023
- Full-year 2024 net sales $1.46 billion, up 7.8%; adjusted diluted EPS $3.17, up 8.6%
- 2025 outlook: sales growth in the mid-teens and adjusted EBITDA of 10.0-11.0%; quarterly dividend of 31 cents payable March 3, 2025
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 6:59 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 27, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.