RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE

Standard Motor Products ROA 2024

Standard Motor Products ROA

0.03

Standard Motor Products Dividend yield

3.85 %

Ticker

SMP

ISIN

US8536661056

WKN

855022

In 2024, Standard Motor Products's return on assets (ROA) was 0.03, a -40.13% increase from the 0.04 ROA in the previous year.

Standard Motor Products Aktienanalyse

What does Standard Motor Products do?

Standard Motor Products Inc (SMP) is a leading company in the automotive industry that focuses on the development, manufacturing, and distribution of replacement parts for vehicle systems. The company was founded in 1919 by Elias Fife and has undergone many changes since then. The company's beginnings were humble, but it has proven to be extremely innovative and quickly produced high-quality products. Originally founded as a distributor of car parts for the New York area, the company has expanded over the years and now offers a wide range of products for the national and international market. SMP's business model is based on the production of a wide range of automotive replacement parts that are supplied to repair shops, wholesalers, retailers, and large automakers. The company also has a strong commitment to research and development and constantly strives to deliver innovative products and solutions for the automotive industry. SMP specializes in a wide range of products including electronic systems, engine and drivetrain systems, fuel systems, interior and body components, as well as sensors and accessories. SMP's products also include various types of switches, sensors, and other electronic components that are essential for the safety and performance of vehicles. The different divisions of the company include the manufacture and distribution of electronic systems, fuel systems, engine and drivetrain systems, as well as body and interior components. Within these divisions, SMP offers a comprehensive range of products including clutches, spark plugs, brake cylinders, filters, switches, assemblies, valves, housings, and much more. The company is headquartered in Long Island City, New York, and has a strong presence in retail stores and workshops throughout the country. SMP also has branches and distribution partners in Europe, South America, and Asia. SMP is a public company traded on the New York Stock Exchange. The company is also part of the S&P 600 Small Cap Index. In summary, Standard Motor Products Inc is a company specialized in the development, manufacturing, and distribution of replacement parts for vehicle systems. The company has proven to be innovative and high-quality, offering a wide range of products including electronic systems, engine and drivetrain systems, fuel systems, interior and body components, as well as sensors and accessories. SMP is based in Long Island City, New York, and has branches and distribution partners in Europe, South America, and Asia. The company is publicly traded on the New York Stock Exchange. Standard Motor Products ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Standard Motor Products's Return on Assets (ROA)

Standard Motor Products's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing Standard Motor Products's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider Standard Motor Products's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in Standard Motor Products’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about Standard Motor Products Stock

What is the Return on Assets (ROA) of Standard Motor Products this year?

The Return on Assets (ROA) of Standard Motor Products is 0.03 undefined this year.

What was the ROA of Standard Motor Products compared to the previous year?

The ROA of Standard Motor Products has increased by -40.13% compared to the previous year.

What consequences do high ROA have for investors of Standard Motor Products?

A high ROA is advantageous for investors of Standard Motor Products, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in Standard Motor Products?

A low ROA can be unfavorable for investors of Standard Motor Products as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.

How does an increase in the ROA of Standard Motor Products affect the company?

An increase in ROA of Standard Motor Products can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Standard Motor Products impact the company?

A reduction in the ROA of Standard Motor Products can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Standard Motor Products?

Some factors that can influence the ROA of Standard Motor Products include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Standard Motor Products important for investors?

The ROA of Standard Motor Products is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.

What strategic measures can Standard Motor Products take to improve ROA?

To improve ROA, Standard Motor Products can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.

How much dividend does Standard Motor Products pay?

Over the past 12 months, Standard Motor Products paid a dividend of 1.16 USD . This corresponds to a dividend yield of about 3.85 %. For the coming 12 months, Standard Motor Products is expected to pay a dividend of 1.23 USD.

What is the dividend yield of Standard Motor Products?

The current dividend yield of Standard Motor Products is 3.85 %.

When does Standard Motor Products pay dividends?

Standard Motor Products pays a quarterly dividend. This is distributed in the months of October, December, March, July.

How secure is the dividend of Standard Motor Products?

Standard Motor Products paid dividends every year for the past 16 years.

What is the dividend of Standard Motor Products?

For the upcoming 12 months, dividends amounting to 1.23 USD are expected. This corresponds to a dividend yield of 4.08 %.

In which sector is Standard Motor Products located?

Standard Motor Products is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Standard Motor Products kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Standard Motor Products from 6/3/2024 amounting to 0.29 USD, you needed to have the stock in your portfolio before the ex-date on 5/14/2024.

When did Standard Motor Products pay the last dividend?

The last dividend was paid out on 6/3/2024.

What was the dividend of Standard Motor Products in the year 2023?

In the year 2023, Standard Motor Products distributed 1.08 USD as dividends.

In which currency does Standard Motor Products pay out the dividend?

The dividends of Standard Motor Products are distributed in USD.

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Andere Kennzahlen von Standard Motor Products

Our stock analysis for Standard Motor Products Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Standard Motor Products Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.