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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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% |