Standard Motor Products targets 11%-12% adjusted EBITDA margin for 2026, 2x leverage by year-end

Standard Motor Products (SMP) announced a target of 11% to 12% adjusted EBITDA margin for 2026, while aiming to reduce its leverage to 2x by year-end. The company reported record adjusted EBITDA in Q2 2026, with top-line growth of nearly 7% when adjusted for tariff refund accounting. Management expressed satisfaction with quarterly performance during the earnings call. SMP also discussed tariff and refund impacts, as well as a supply-chain shift involving its Thailand joint venture, as part of its broader operational strategy.