Standard Motor Products (SMP) Tax Rate (2010 - 2026)
Standard Motor Products (SMP) reported Tax Rate of 26.98% for Q1 2026, up 23.0% on a YoY basis from 21.94% in Q1 2025, and down 5.14% quarter-over-quarter from 28.45% in Q4 2025.
Standard Motor Products (SMP) Tax Rate (2010 - 2026) Analysis & Trends
Standard Motor Products has reported Tax Rate for 17 years, with the latest figure at 26.98% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate rose 23.0% year-over-year to 26.98%; the trailing twelve-month figure through Mar 2026 stood at 27.7% (up 117.0% YoY), and the FY2025 full-year result was 27.7%, up 150.0% from the prior year.
- Tax Rate for Q1 2026 stood at 26.98%, down from 28.45% in the prior quarter.
- The five-year high for Tax Rate was 1075.81% in Q4 2024, with the low at 4.12% in Q4 2023.
- Historically, Tax Rate has averaged 86.02% across 5 years, with a median of 25.55% in 2023.
- Annual changes were most pronounced in 2024 — Tax Rate surged 107992 bps — and 2025, when it plunged 104736 bps.
- Standard Motor Products' Tax Rate stood at 24.77% in 2022, then plunged by 117 bps to 4.12% in 2023, then soared by 26222 bps to 1075.81% in 2024, then slumped by 97 bps to 28.45% in 2025, then fell by 5 bps to 26.98% in 2026.
- The last three Tax Rate figures came in at 26.98% (Q1 2026), 28.45% (Q4 2025), and 28.53% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | O Reilly Automotive | 76.00 Bn | 75.75 Bn | 2.35 Bn | 22.55% |
| 2 | Autozone | 51.46 Bn | 51.20 Bn | 2.52 Bn | 21.12% |
| 3 | Modine Manufacturing | 15.07 Bn | 14.98 Bn | 186.10 Mn | -21.56% |
| 4 | Borgwarner | 14.88 Bn | 15.05 Bn | 677.00 Mn | 22.26% |
| 5 | Genuine Parts | 14.73 Bn | 14.25 Bn | 2.34 Bn | 23.17% |
| 6 | Aptiv | 13.96 Bn | 10.89 Bn | 920.00 Mn | 28.42% |
| 7 | Aurora Innovation | 11.93 Bn | 10.71 Bn | -5.00 Mn | - |
| 8 | Magna International | 10.79 Bn | 9.60 Bn | 1.42 Bn | 101.15% |
| 9 | Allison Transmission Holdings | 10.06 Bn | 9.75 Bn | 406.00 Mn | 15.15% |
| 10 | Standard Motor Products | 866.95 Mn | 881.20 Mn | 139.17 Mn | 26.98% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 26.98% |
| Mar 31, 2026 | 26.98% |
| Dec 31, 2025 | 28.45% |
| Dec 31, 2025 | 28.45% |
| Sep 30, 2025 | 28.53% |
| Sep 30, 2025 | 28.53% |
| Jun 30, 2025 | 26.97% |
| Jun 30, 2025 | 26.97% |
| Mar 31, 2025 | 26.75% |
| Mar 31, 2025 | 26.75% |
| Dec 31, 2024 | 1,075.81% |
| Dec 31, 2024 | 1,075.81% |
| Sep 30, 2024 | 25.65% |
| Sep 30, 2024 | 25.65% |
| Jun 30, 2024 | 25.00% |
| Jun 30, 2024 | 25.00% |
| Mar 31, 2024 | 24.99% |
| Mar 31, 2024 | 24.99% |
| Dec 31, 2023 | -4.12% |
| Dec 31, 2023 | -4.12% |