Standard Motor Products SMP
NYSE SMP
$38.46 -0.75 (-1.91%)
As of: Sep 10, 2026 · 3:59 PM EDT

Standard Motor Products (SMP) Tax Rate (2010 - 2026)

Standard Motor Products' (SMP) quarterly Tax Rate came in at 27.32% in Q2 2026, up 35.0% on a YoY basis from 20.23% in Q2 2025, and up 1.23% quarter-over-quarter from 26.98% in Q1 2026.

Analysis

Standard Motor Products (SMP) Tax Rate (2010 - 2026) Analysis & Trends

Standard Motor Products (SMP) has reported Tax Rate for 17 consecutive years, with 27.32% the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Tax Rate rose 35.0% year-over-year to 27.32%; the trailing twelve-month figure through Jun 2026 stood at 27.78% (up 66.0% YoY), and the FY2025 full-year result was 27.7%, up 150.0% from the prior year.
  • Tax Rate improved to 27.32% in Q2 2026 per SMP's latest filing, from 26.98% in the prior quarter.
  • Across five years, Tax Rate topped out at 1075.81% in Q4 2024 and bottomed at 4.12% in Q4 2023.
  • Historically, Tax Rate has averaged 82.75% across 5 years, with a median of 25.6% in 2023.
  • The sharpest annual moves came in 2024 and 2025: Tax Rate soared 107992 bps in 2024, then sank 104736 bps in 2025.
  • Over 5 years, Tax Rate stood at 24.77% in 2022, then slumped by 117 bps to 4.12% in 2023, then surged by 26222 bps to 1075.81% in 2024, then plunged by 97 bps to 28.45% in 2025, then dropped by 4 bps to 27.32% in 2026.
  • According to Business Quant data, Tax Rate over the past three periods registered 27.32%, 26.98%, and 28.45% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Magna International 18.34 Bn 16.91 Bn 1.61 Bn 20.03%
2 Autoliv 8.98 Bn 8.60 Bn 509.00 Mn 34.42%
3 Lear 6.43 Bn 5.43 Bn 470.30 Mn 20.13%
4 Gentex 4.73 Bn 4.48 Bn 241.00 Mn 16.55%
5 Dorman Products 3.78 Bn 3.65 Bn 251.23 Mn 24.00%
6 Dauch 1.60 Bn 723.95 Mn 338.20 Mn 91.48%
7 Adient 1.47 Bn 547.40 Mn 235.00 Mn 20.18%
8 Xpel 1.33 Bn 1.29 Bn 63.14 Mn 21.63%
9 Standard Motor Products 858.57 Mn 858.57 Mn 164.62 Mn 27.32%
10 Cooper-Standard Holdings 426.88 Mn 300.30 Mn 83.76 Mn -40.24%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 27.32%
Mar 31, 2026 26.98%
Dec 31, 2025 28.45%
Sep 30, 2025 28.53%
Jun 30, 2025 26.97%
Mar 31, 2025 26.75%
Dec 31, 2024 1,075.81%
Sep 30, 2024 25.65%
Jun 30, 2024 25.00%
Mar 31, 2024 24.99%
Dec 31, 2023 -4.12%
Sep 30, 2023 24.29%
Jun 30, 2023 25.46%
Mar 31, 2023 25.55%
Dec 31, 2022 24.77%
Sep 30, 2022 26.31%
Jun 30, 2022 25.44%
Mar 31, 2022 25.42%
Dec 31, 2021 24.46%
Sep 30, 2021 24.52%