vs

Side-by-side financial comparison of Morningstar, Inc. (MORN) and STANDARD MOTOR PRODUCTS, INC. (SMP). Click either name above to swap in a different company.

Morningstar, Inc. is the larger business by last-quarter revenue ($644.8M vs $385.1M, roughly 1.7× STANDARD MOTOR PRODUCTS, INC.). On growth, STANDARD MOTOR PRODUCTS, INC. posted the faster year-over-year revenue change (12.2% vs 10.8%). Morningstar, Inc. produced more free cash flow last quarter ($53.6M vs $-37.6M). Over the past eight quarters, STANDARD MOTOR PRODUCTS, INC.'s revenue compounded faster (7.8% CAGR vs 6.2%).

Morningstar, Inc. is an American financial services firm headquartered in Chicago, Illinois, founded by Joe Mansueto in 1984. It provides an array of investment research and investment management services.

Standard Motor Products, Inc. is a manufacturer and distributor of automotive parts. The company was founded in 1919 as a partnership by Elias Fife and Ralph Van Allen and incorporated by Fife in 1926. It is headquartered in Long Island City, New York, and trades on the New York Stock Exchange. SMP includes four operational segments: Vehicle Control, Temperature Control, Engineered Solutions and Nissens. SMP’s Vehicle Control and Temperature Control divisions supply automotive aftermarket com...

MORN vs SMP — Head-to-Head

Bigger by revenue
MORN
MORN
1.7× larger
MORN
$644.8M
$385.1M
SMP
Growing faster (revenue YoY)
SMP
SMP
+1.3% gap
SMP
12.2%
10.8%
MORN
More free cash flow
MORN
MORN
$91.2M more FCF
MORN
$53.6M
$-37.6M
SMP
Faster 2-yr revenue CAGR
SMP
SMP
Annualised
SMP
7.8%
6.2%
MORN

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
MORN
MORN
SMP
SMP
Revenue
$644.8M
$385.1M
Net Profit
$7.9M
Gross Margin
62.9%
31.7%
Operating Margin
24.2%
5.6%
Net Margin
2.0%
Revenue YoY
10.8%
12.2%
Net Profit YoY
457.9%
EPS (diluted)
$2.73
$0.34

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
MORN
MORN
SMP
SMP
Q1 26
$644.8M
Q4 25
$641.1M
$385.1M
Q3 25
$617.4M
$498.8M
Q2 25
$605.1M
$493.9M
Q1 25
$581.9M
$413.4M
Q4 24
$591.0M
$343.4M
Q3 24
$569.4M
$399.3M
Q2 24
$571.9M
$389.8M
Net Profit
MORN
MORN
SMP
SMP
Q1 26
Q4 25
$115.1M
$7.9M
Q3 25
$91.6M
$-4.3M
Q2 25
$89.0M
$25.2M
Q1 25
$78.5M
$12.6M
Q4 24
$116.9M
$-2.2M
Q3 24
$119.7M
$3.8M
Q2 24
$69.1M
$17.1M
Gross Margin
MORN
MORN
SMP
SMP
Q1 26
62.9%
Q4 25
61.1%
31.7%
Q3 25
60.9%
32.4%
Q2 25
61.9%
30.6%
Q1 25
60.2%
30.2%
Q4 24
60.7%
29.4%
Q3 24
60.9%
30.4%
Q2 24
61.1%
28.6%
Operating Margin
MORN
MORN
SMP
SMP
Q1 26
24.2%
Q4 25
24.9%
5.6%
Q3 25
20.7%
9.5%
Q2 25
20.7%
8.7%
Q1 25
19.6%
5.9%
Q4 24
28.5%
1.1%
Q3 24
20.3%
9.3%
Q2 24
19.0%
6.4%
Net Margin
MORN
MORN
SMP
SMP
Q1 26
Q4 25
18.0%
2.0%
Q3 25
14.8%
-0.9%
Q2 25
14.7%
5.1%
Q1 25
13.5%
3.0%
Q4 24
19.8%
-0.6%
Q3 24
21.0%
1.0%
Q2 24
12.1%
4.4%
EPS (diluted)
MORN
MORN
SMP
SMP
Q1 26
$2.73
Q4 25
$2.79
$0.34
Q3 25
$2.17
$-0.19
Q2 25
$2.09
$1.13
Q1 25
$1.82
$0.56
Q4 24
$2.72
$-0.09
Q3 24
$2.77
$0.17
Q2 24
$1.60
$0.77

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
MORN
MORN
SMP
SMP
Cash + ST InvestmentsLiquidity on hand
$492.8M
Total DebtLower is stronger
$1.7B
$618.7M
Stockholders' EquityBook value
$1.0B
$683.7M
Total Assets
$4.0B
$2.0B
Debt / EquityLower = less leverage
1.68×
0.90×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MORN
MORN
SMP
SMP
Q1 26
$492.8M
Q4 25
$528.7M
Q3 25
$40.3M
$87.2M
Q2 25
$38.1M
$58.8M
Q1 25
$47.7M
$50.3M
Q4 24
$551.0M
$44.4M
Q3 24
$48.8M
$26.3M
Q2 24
$48.0M
$26.2M
Total Debt
MORN
MORN
SMP
SMP
Q1 26
$1.7B
Q4 25
$618.7M
Q3 25
$848.9M
$589.5M
Q2 25
$838.8M
$636.6M
Q1 25
$803.7M
$650.6M
Q4 24
$698.6M
$562.3M
Q3 24
$864.7M
$142.8M
Q2 24
$899.6M
$208.2M
Stockholders' Equity
MORN
MORN
SMP
SMP
Q1 26
$1.0B
Q4 25
$1.2B
$683.7M
Q3 25
$1.5B
$677.4M
Q2 25
$1.6B
$688.6M
Q1 25
$1.6B
$638.0M
Q4 24
$1.6B
$615.7M
Q3 24
$1.6B
$638.8M
Q2 24
$1.4B
$640.0M
Total Assets
MORN
MORN
SMP
SMP
Q1 26
$4.0B
Q4 25
$3.6B
$2.0B
Q3 25
$3.6B
$2.0B
Q2 25
$3.6B
$2.0B
Q1 25
$3.6B
$1.9B
Q4 24
$3.5B
$1.8B
Q3 24
$3.6B
$1.4B
Q2 24
$3.4B
$1.4B
Debt / Equity
MORN
MORN
SMP
SMP
Q1 26
1.68×
Q4 25
0.90×
Q3 25
0.56×
0.87×
Q2 25
0.52×
0.92×
Q1 25
0.50×
1.02×
Q4 24
0.43×
0.91×
Q3 24
0.55×
0.22×
Q2 24
0.63×
0.33×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
MORN
MORN
SMP
SMP
Operating Cash FlowLast quarter
$-28.2M
Free Cash FlowOCF − Capex
$53.6M
$-37.6M
FCF MarginFCF / Revenue
8.3%
-9.8%
Capex IntensityCapex / Revenue
5.9%
2.4%
Cash ConversionOCF / Net Profit
-3.59×
TTM Free Cash FlowTrailing 4 quarters
$437.4M
$18.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MORN
MORN
SMP
SMP
Q1 26
Q4 25
$204.0M
$-28.2M
Q3 25
$195.7M
$91.6M
Q2 25
$99.0M
$54.3M
Q1 25
$91.0M
$-60.2M
Q4 24
$153.4M
$-1.5M
Q3 24
$191.9M
$88.3M
Q2 24
$152.7M
$35.6M
Free Cash Flow
MORN
MORN
SMP
SMP
Q1 26
$53.6M
Q4 25
$161.3M
$-37.6M
Q3 25
$160.1M
$81.5M
Q2 25
$62.4M
$44.2M
Q1 25
$58.8M
$-69.4M
Q4 24
$112.8M
$-11.4M
Q3 24
$155.8M
$77.1M
Q2 24
$120.8M
$22.7M
FCF Margin
MORN
MORN
SMP
SMP
Q1 26
8.3%
Q4 25
25.2%
-9.8%
Q3 25
25.9%
16.3%
Q2 25
10.3%
8.9%
Q1 25
10.1%
-16.8%
Q4 24
19.1%
-3.3%
Q3 24
27.4%
19.3%
Q2 24
21.1%
5.8%
Capex Intensity
MORN
MORN
SMP
SMP
Q1 26
5.9%
Q4 25
6.7%
2.4%
Q3 25
5.8%
2.0%
Q2 25
6.0%
2.1%
Q1 25
5.5%
2.2%
Q4 24
6.9%
2.9%
Q3 24
6.3%
2.8%
Q2 24
5.6%
3.3%
Cash Conversion
MORN
MORN
SMP
SMP
Q1 26
Q4 25
1.77×
-3.59×
Q3 25
2.14×
Q2 25
1.11×
2.15×
Q1 25
1.16×
-4.79×
Q4 24
1.31×
Q3 24
1.60×
23.19×
Q2 24
2.21×
2.09×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

MORN
MORN

Segment breakdown not available.

SMP
SMP

Engineered Solutions$66.1M17%
Electrical And Safety$63.6M17%
Temperature Control$61.5M16%
Europe Excluding Poland$55.5M14%
Other Thermal Components$30.7M8%
Air Conditioning$22.7M6%
Commercial Vehicle$19.7M5%
All Other$18.9M5%
PL$16.0M4%
Wire Sets And Other$11.9M3%
Engine Efficiency$10.0M3%
Construction Agriculture$7.8M2%

Related Comparisons