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Motorcar Parts of America, Inc. manufactures, remanufactures, and distributes heavy-duty truck, industrial, marine, and agricultural application replacement parts in the United States. It operates through three segments: Hard Parts, Test Solutions and Diagnostic Equipment, and Heavy Duty. The company offers light duty rotating electrical products, including alternators and starters; wheel hub assemblies and bearings; brake-related products comprising brake calipers, brake boosters, brake rotors, brake pads, and brake master cylinders; and turbochargers. It also provides test solutions and diagnostic equipment that include applications for combustion engine vehicles, such as bench-top testers for alternators and starters; equipment for the pre- and post-production of electric vehicles; and software emulation of power systems applications for the electrification of various forms of transportation. In addition, the company offers heavy duty parts, including non-discretionary automotive aftermarket replacement hard parts for heavy-duty truck, industrial, marine, and agricultural applications. It sells its products to automotive retail chain stores and warehouse distributors in North America, as well as various automobile manufacturers for their aftermarket programs and warranty replacement programs. The company provides its products under the Private Label, Quality-Built, Pure Energy, D&V Electronics, Dixie Electric, and DelStar brands. Motorcar Parts of America, Inc. was incorporated in 1968 and is headquartered in Torrance, California.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $757M | $50M | $-19M | $41M | -7.6% | 5.5% | -60.5% |
| 2024 | $718M | $59M | $-49M | $38M | -17.3% | 5.1% | 1070.5% |
| 2023 | $683M | $49M | $-4M | $-26M | -1.3% | 5.0% | -157.2% |
| 2022 | $650M | $42M | $7M | $-52M | 2.3% | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total Revenue | 650.31 | 683.07 | 717.68 | 757.35 |
| Operating Revenue | 650.31 | 683.07 | 717.68 | 757.35 |
| Cost Of Revenue | 532.44 | 569.11 | 585.13 | 603.53 |
| Gross Profit | 117.86 | 113.96 | 132.55 | 153.83 |
| Operating Expense | 90.83 | 86.81 | 90.24 | 98.01 |
| Research And Development | 10.50 | 10.32 | 9.99 | 11.40 |
| Selling General And Administration | 80.33 | 76.48 | 80.25 | 86.61 |
| Total Expenses | 623.28 | 655.92 | 675.38 | 701.54 |
| Operating Income | 27.03 | 27.16 | 42.31 | 55.82 |
| Total Operating Income As Reported | 28.70 | 36.45 | 46.12 | 39.92 |
| EBITDA | 41.59 | 48.89 | 58.59 | 50.26 |
| Normalized EBITDA | 39.92 | 39.60 | 53.92 | 66.22 |
| EBIT | 28.70 | 36.45 | 46.97 | 39.86 |
| Interest Expense | 15.56 | 39.56 | 60.04 | 55.55 |
| Net Interest Income | -15.56 | -39.56 | -60.04 | -55.55 |
| Other Income Expense | 1.67 | 9.29 | 4.67 | -15.95 |
| Interest Expense Non Operating | 15.56 | 39.56 | 60.04 | 55.55 |
| Net Non Operating Interest Income Expense | -15.56 | -39.56 | -60.04 | -55.55 |
| Pretax Income | 13.15 | -3.11 | -13.07 | -15.69 |
| Tax Provision | 5.79 | 1.10 | 36.18 | 3.78 |
| Tax Rate For Calcs | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | 0.35 | 1.95 | 0.98 | -3.35 |
| Net Income Continuous Operations | 7.36 | -4.21 | -49.24 | -19.47 |
| Net Income From Continuing And Discontinued Operation | 7.36 | -4.21 | -49.24 | -19.47 |
| Net Income From Continuing Operation Net Minority Interest | 7.36 | -4.21 | -49.24 | -19.47 |
| Net Income | 7.36 | -4.21 | -49.24 | -19.47 |
| Net Income Common Stockholders | 7.36 | -4.21 | -49.24 | -19.47 |
| Net Income Including Noncontrolling Interests | 7.36 | -4.21 | -49.24 | -19.47 |
| Normalized Income | 6.04 | -11.55 | -52.93 | -6.87 |
| Diluted NI Availto Com Stockholders | 7.36 | -4.21 | -49.24 | -19.47 |
| Basic Average Shares | 19.12 | 19.34 | 19.60 | 19.69 |
| Diluted Average Shares | 19.56 | 19.34 | 19.60 | 19.69 |
| Reconciled Depreciation | 12.89 | 12.44 | 11.62 | 10.40 |
| Reconciled Cost Of Revenue | 532.44 | 569.11 | 585.13 | 603.53 |
| Total Unusual Items | 1.67 | 9.29 | 4.67 | -15.95 |
| Total Unusual Items Excluding Goodwill | 1.67 | 9.29 | 4.67 | -15.95 |
| Special Income Charges | 0 | 0 | -0.17 | 0 |
| Other Special Charges | - | - | 0.17 | - |
| Gain On Sale Of Security | 1.67 | 9.29 | 4.83 | -15.95 |
| General And Administrative Expense | 57.50 | 54.76 | 57.77 | 64.05 |
| Other Gand A | 57.50 | 54.76 | 57.77 | 64.05 |
| Selling And Marketing Expense | 22.83 | 21.73 | 22.48 | 22.56 |
Consumer Cyclical sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Motorcar Parts of America, Inc.this co. | MPAA | $205M | -10.53 | 0.80 | -7.6% | 7.90 |
| Flexsteel Industries, Inc. | FLXS | $238M | 11.80 | 1.42 | 12.0% | 8.38 |
| Jack in the Box Inc. | JACK | $222M | -2.75 | -0.24 | 8.6% | 91.00 |
| Inspired Entertainment, Inc. | INSE | $206M | -12.13 | -12.73 | 104.9% | 5.83 |
| Superior Group of Companies, Inc. | SGC |
| $203M |
| 28.99 |
| 1.05 |
| 3.6% |
| 11.08 |
| J.Jill, Inc. | JILL | $198M | 7.08 | 1.63 | 23.0% | 5.39 |
| RCI Hospitality Holdings, Inc. | RICK | $192M | 17.75 | 0.74 | 4.1% | 9.06 |
| OneWater Marine Inc. | ONEW | $180M | -1.57 | 0.63 | -40.2% | -17.50 |
| Traeger, Inc. | COOK | $173M | -1.50 | 1.01 | -67.4% | -17.10 |
| Peer Median | - | 2.79 | 0.87 | 6.4% | 7.10 | |