Motorcar Parts of America, Inc. (MPAA) 10-Year Financial Performance & Capital Metrics

MPAA • • Industrial / General

Consumer CyclicalAuto Parts & EquipmentAftermarket Parts & RetailReplacement Parts Manufacturers

AboutMotorcar Parts of America, Inc. manufactures, remanufactures, and distributes heavy-duty truck, industrial, marine, and agricultural application replacement parts. The company offers rotating electrical products, including alternators and starters; wheel hub assemblies and bearings; and brake-related products comprising brake calipers, brake boosters, brake rotors, brake pads, and brake master cylinders. It also offers test solutions and diagnostic equipment for electric vehicle powertrain development and manufacturing, including electric motor test systems, e-axle test systems, advanced power emulators, and charging unit test systems, as well as test systems for alternators, starters, belt starter generator, and bench-top testers, as well as turbochargers and test services for electric vehicle inverters. The company sells its products to automotive retail chain stores and warehouse distributors, as well as various automobile manufacturers for their aftermarket programs and warranty replacement programs in North America. Motorcar Parts of America, Inc. was founded in 1968 and is headquartered in Torrance, California.Show more

Revenue $757M +5.5%
EBITDA $50M -12.8%
Net Income -$19M +60.5%
EPS (Diluted) -0.99 +60.6%
Gross Margin 20.31% +10.0%
EBITDA Margin 6.64% -17.4%
Operating Margin 5.27% -18.0%
Net Margin -2.57% +62.5%
ROE -7.17% +55.9%
ROIC 6.24% -1.1%
Debt/Equity 0.78 -7.0%
Interest Coverage 0.72 -6.4%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Strong Piotroski F-Score: 7/9
✓Trading at only 1.0x book value

✗Weaknesses

No significant weaknesses identified

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y9.64%

5Y7.17%

3Y5.21%

TTM6.72%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM103.68%

EPS CAGR

10Y-

5Y-

3Y-

TTM103.32%

ROCE

10Y Avg9.63%

5Y Avg6.9%

3Y Avg6.61%

Latest6.58%

Peer Comparison

Replacement Parts Manufacturers

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
INEOINNEOVA Holdings Ltd	9.76M	0.59	655.56	-2%	1.38%	18.29%	19.39%	2.30
GTThe Goodyear Tire & Rubber Company	2.67B	9.32	38.83	-5.92%	-9.56%	-55.07%		1.79
XPELXPEL, Inc.	1.5B	54.30	32.91	6.08%	10.12%	17.06%	2.74%	0.09
DORMDorman Products, Inc.	3.94B	128.79	20.98	4.11%	11.62%	16.67%	4.87%	0.44
SMPStandard Motor Products, Inc.	882.61M	40.12	16.64	7.77%	3.95%	9.98%	3.7%	1.05
MPAAMotorcar Parts of America, Inc.	265.99M	13.60	-13.74	5.53%	0.31%	0.95%	15.38%	0.78

Profit & Loss

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Sales/Revenue+	368.97M	421.25M	428.07M	472.8M	535.83M	540.78M	650.31M	683.07M	717.68M	757.35M
Revenue Growth %	0.22%	0.14%	0.02%	0.1%	0.13%	0.01%	0.2%	0.05%	0.05%	0.06%
Cost of Goods Sold+	268.05M	306.21M	322.2M	383.62M	417.43M	431.32M	532.44M	569.11M	585.13M	603.53M
COGS % of Revenue	0.73%	0.73%	0.75%	0.81%	0.78%	0.8%	0.82%	0.83%	0.82%	0.8%
Gross Profit+	100.92M	115.05M	105.87M	89.17M	118.4M	109.46M	117.86M	113.96M	132.55M	153.83M
Gross Margin %	0.27%	0.27%	0.25%	0.19%	0.22%	0.2%	0.18%	0.17%	0.18%	0.2%
Gross Profit Growth %	0.24%	0.14%	-0.08%	-0.16%	0.33%	-0.08%	0.08%	-0.03%	0.16%	0.16%
Operating Expenses+	62.64M	47.07M	56.25M	73.53M	101.66M	62.83M	89.16M	77.52M	86.43M	113.91M
OpEx % of Revenue	0.17%	0.11%	0.13%	0.16%	0.19%	0.12%	0.14%	0.11%	0.12%	0.15%
Selling, General & Admin	59.63M	43.25M	50.56M	65.51M	74.26M	71.87M	80.33M	76.48M	80.25M	86.61M
SG&A % of Revenue	0.16%	0.1%	0.12%	0.14%	0.14%	0.13%	0.12%	0.11%	0.11%	0.11%
Research & Development	3.01M	3.82M	5.69M	8.01M	9.2M	8.56M	10.5M	10.32M	9.99M	11.4M
R&D % of Revenue	0.01%	0.01%	0.01%	0.02%	0.02%	0.02%	0.02%	0.02%	0.01%	0.02%
Other Operating Expenses	0	0	0	0	18.2M	-17.61M	-1.67M	-9.29M	-3.81M	15.89M
Operating Income+	38.29M	67.97M	49.62M	15.65M	16.74M	46.63M	28.7M	36.45M	46.12M	39.92M
Operating Margin %	0.1%	0.16%	0.12%	0.03%	0.03%	0.09%	0.04%	0.05%	0.06%	0.05%
Operating Income Growth %	0.14%	0.78%	-0.27%	-0.68%	0.07%	1.79%	-0.38%	0.27%	0.27%	-0.13%
EBITDA+	41.22M	71.69M	54.13M	22.98M	26.3M	57.78M	41.59M	48.89M	57.74M	50.32M
EBITDA Margin %	0.11%	0.17%	0.13%	0.05%	0.05%	0.11%	0.06%	0.07%	0.08%	0.07%
EBITDA Growth %	0.14%	0.74%	-0.24%	-0.58%	0.14%	1.2%	-0.28%	0.18%	0.18%	-0.13%
D&A (Non-Cash Add-back)	2.94M	3.71M	4.51M	7.33M	9.56M	11.14M	12.89M	12.44M	11.62M	10.4M
EBIT	36.47M	69.81M	50.83M	15.65M	16.74M	46.63M	28.7M	36.45M	46.97M	39.86M
Net Interest Income+	-16.24M	-13.09M	-15.45M	-23.23M	-25.04M	-15.77M	-15.55M	-39.55M	-60.04M	-55.55M
Interest Income	0	0	0	0	0	0	0	0	0	0
Interest Expense	16.24M	13.09M	15.45M	23.23M	25.04M	15.77M	15.55M	39.55M	60.04M	55.55M
Other Income/Expense	-16.24M	-13.09M	-15.45M	-23.23M	-25.04M	-15.77M	-15.55M	-39.55M	-59.19M	-55.61M
Pretax Income+	22.04M	54.88M	34.18M	-7.58M	-8.3M	30.86M	13.15M	-3.11M	-13.07M	-15.69M
Pretax Margin %	0.06%	0.13%	0.08%	-0.02%	-0.02%	0.06%	0.02%	-0%	-0.02%	-0.02%
Income Tax+	11.48M	17.3M	17.86M	268K	-1.01M	9.39M	5.79M	1.1M	36.18M	3.78M
Effective Tax Rate %	0.48%	0.68%	0.48%	1.04%	0.88%	0.7%	0.56%	1.35%	3.77%	1.24%
Net Income+	10.56M	37.57M	16.32M	-7.85M	-7.29M	21.48M	7.36M	-4.21M	-49.24M	-19.47M
Net Margin %	0.03%	0.09%	0.04%	-0.02%	-0.01%	0.04%	0.01%	-0.01%	-0.07%	-0.03%
Net Income Growth %	-0.08%	2.56%	-0.57%	-1.48%	0.07%	3.95%	-0.66%	-1.57%	-10.71%	0.6%
Net Income (Continuing)	10.56M	37.57M	19.26M	-7.85M	-7.29M	21.48M	7.36M	-4.21M	-49.24M	-19.47M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	0.55	1.93	0.84	-0.42	-0.39	1.11	0.38	-0.22	-2.51	-0.99
EPS Growth %	-0.15%	2.51%	-0.56%	-1.5%	0.07%	3.85%	-0.66%	-1.58%	-10.41%	0.61%
EPS (Basic)	0.58	2.02	0.87	-0.42	-0.39	1.13	0.39	-0.22	-2.51	-0.99
Diluted Shares Outstanding	19.07M	19.42M	19.51M	18.85M	18.91M	19.39M	19.56M	19.34M	19.6M	19.68M
Basic Shares Outstanding	18.23M	18.61M	18.85M	18.69M	18.91M	19.02M	19.12M	19.34M	19.6M	19.68M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Total Current Assets+	140.09M	122.13M	134.69M	352.88M	409.12M	422.86M	536.99M	537.48M	560.46M	511.47M
Cash & Short-Term Investments	23.71M	11.17M	15.88M	13.18M	50.47M	17.18M	25.22M	13.61M	15.81M	11.31M
Cash Only	21.9M	9.03M	13.05M	9.91M	49.62M	15.52M	23.02M	11.6M	13.97M	9.43M
Short-Term Investments	1.81M	2.14M	2.83M	3.27M	850K	1.65M	2.2M	2.01M	1.84M	1.88M
Accounts Receivable	8.55M	27.73M	94.35M	88.21M	115.36M	90.47M	112.88M	147.47M	129.12M	124.88M
Days Sales Outstanding	8.46	24.02	80.45	68.1	78.58	61.06	63.35	78.8	65.67	60.18
Inventory	68.58M	75.1M	83.78M	242.19M	234.68M	302.91M	385.5M	356.25M	397.33M	359.67M
Days Inventory Outstanding	93.39	89.52	94.91	230.44	205.2	256.34	264.27	228.48	247.85	217.52
Other Current Assets	0	2.14M	9.15M	0	0	0	0	20.15M	18.2M	15.61M
Total Non-Current Assets+	273.29M	314.01M	359.81M	279.48M	367.91M	425.03M	478.71M	491.09M	451.54M	446.17M
Property, Plant & Equipment	16.1M	18.44M	28.32M	35.15M	97.99M	125.37M	133.06M	133.67M	122.31M	98.59M
Fixed Asset Turnover	22.92x	22.85x	15.11x	13.45x	5.47x	4.31x	4.89x	5.11x	5.87x	7.68x
Goodwill	2.05M	2.55M	2.55M	3.21M	3.21M	3.21M	3.21M	3.21M	3.21M	3.21M
Intangible Assets	4.57M	3.99M	3.77M	8.43M	6.39M	5.33M	3.8M	2.14M	1.07M	552K
Long-Term Investments	5.57M	5.57M	5.57M	221.88M	239.54M	270.21M	310.25M	0	320.28M	0
Other Non-Current Assets	244.76M	269.91M	309.05M	1.07M	1.84M	1.53M	1.41M	319.44M	1.7M	339.25M
Total Assets+	413.37M	436.14M	494.5M	632.36M	777.03M	847.88M	1.02B	1.03B	1.01B	957.64M
Asset Turnover	0.89x	0.97x	0.87x	0.75x	0.69x	0.64x	0.64x	0.66x	0.71x	0.79x
Asset Growth %	-0.02%	0.06%	0.13%	0.28%	0.23%	0.09%	0.2%	0.01%	-0.02%	-0.05%
Total Current Liabilities+	131.38M	142.78M	180.95M	279.35M	318.49M	326.13M	426.4M	382.59M	404.43M	351.02M
Accounts Payable	72.15M	85.96M	73.27M	92.46M	78.66M	129.33M	147.47M	119.44M	154.98M	141.91M
Days Payables Outstanding	98.25	102.46	83.01	87.97	68.78	109.44	101.09	76.6	96.67	85.82
Short-Term Debt	10.07M	14.06M	57.07M	114.08M	155.68M	87.68M	158.67M	148.86M	128M	90.79M
Deferred Revenue (Current)	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Other Current Liabilities	46.96M	40.62M	52.05M	56.03M	50.28M	59.96M	68.78M	4.87M	73.7M	5.57M
Current Ratio	1.07x	0.86x	0.74x	1.26x	1.28x	1.30x	1.26x	1.40x	1.39x	1.46x
Quick Ratio	0.54x	0.33x	0.28x	0.40x	0.55x	0.37x	0.36x	0.47x	0.40x	0.43x
Cash Conversion Cycle	3.59	11.07	92.36	210.56	215	207.95	226.53	230.68	216.84	191.88
Total Non-Current Liabilities+	71.18M	44.68M	38.57M	73.25M	183.02M	220.61M	274.03M	325.5M	322.47M	348.91M
Long-Term Debt	19.98M	16.93M	13.91M	24.19M	20.46M	16.79M	13.02M	40.27M	30.78M	35.21M
Capital Lease Obligations	0	0	2.95M	2.95M	65.33M	75.55M	84.23M	79.32M	72.24M	65.31M
Deferred Tax Liabilities	14.31M	180K	226K	257K	79K	73K	126K	718K	511K	362K
Other Non-Current Liabilities	33.65M	15.21M	3.01M	4.97M	5.04M	2.98M	3.89M	11.58M	6.87M	6.63M
Total Liabilities	202.56M	187.46M	219.52M	352.61M	501.51M	546.74M	700.43M	708.09M	726.89M	699.94M
Total Debt+	30.05M	31M	70.98M	138.27M	246.57M	186.45M	262.71M	277.22M	239.34M	201.28M
Net Debt	8.15M	21.97M	57.93M	128.36M	196.96M	170.93M	239.69M	265.63M	225.36M	191.85M
Debt / Equity	0.14x	0.12x	0.26x	0.49x	0.89x	0.62x	0.83x	0.87x	0.84x	0.78x
Debt / EBITDA	0.73x	0.43x	1.31x	6.02x	9.38x	3.23x	6.32x	5.67x	4.15x	4.00x
Net Debt / EBITDA	0.20x	0.31x	1.07x	5.59x	7.49x	2.96x	5.76x	5.43x	3.90x	3.81x
Interest Coverage	2.36x	5.19x	3.21x	0.67x	0.67x	2.96x	1.85x	0.92x	0.77x	0.72x
Total Equity+	210.81M	248.68M	274.98M	279.75M	275.52M	301.14M	315.26M	320.48M	285.11M	257.7M
Equity Growth %	0.11%	0.18%	0.11%	0.02%	-0.02%	0.09%	0.05%	0.02%	-0.11%	-0.1%
Book Value per Share	11.06	12.81	14.09	14.84	14.57	15.53	16.12	16.57	14.55	13.09
Total Shareholders' Equity	210.81M	248.68M	274.98M	279.75M	275.52M	301.14M	315.26M	320.48M	285.11M	257.7M
Common Stock	185K	186K	189K	188K	190K	190K	191K	195K	197K	194K
Retained Earnings	11.82M	50.29M	66.61M	71.41M	64.12M	85.59M	92.95M	88.75M	39.5M	20.03M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	-4.85M	-7.44M	-5.43M	-6.89M	-7.37M	-7.7M	-5.07M	-303K	9.15M	3.06M
Minority Interest	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operations+	15.33M	-5.27M	-13.94M	-40.33M	18.8M	56.09M	-44.86M	-21.75M	39.17M	45.48M
Operating CF Margin %	0.04%	-0.01%	-0.03%	-0.09%	0.04%	0.1%	-0.07%	-0.03%	0.05%	0.06%
Operating CF Growth %	2.62%	-1.34%	-1.65%	-1.89%	1.47%	1.98%	-1.8%	0.52%	2.8%	0.16%
Net Income	10.56M	37.57M	16.32M	-7.85M	-7.29M	21.48M	7.36M	-4.21M	-49.24M	-19.47M
Depreciation & Amortization	2.94M	3.71M	4.51M	7.33M	9.56M	11.14M	12.89M	12.44M	11.62M	10.4M
Stock-Based Compensation	2.58M	3.38M	3.77M	5.56M	4.14M	5.25M	7.29M	4.68M	4.7M	3.88M
Deferred Taxes	-3.78M	6.51M	3.06M	-3.06M	-10.34M	-433K	-7.44M	-5.21M	29.56M	-1.8M
Other Non-Cash Items	19.41M	2.24M	9.09M	18.37M	39.8M	9.7M	34.97M	35.14M	40.13M	61.44M
Working Capital Changes	-16.38M	-58.69M	-50.68M	-60.68M	-17.08M	8.95M	-99.92M	-64.61M	2.4M	-8.97M
Change in Receivables	4.65M	-18.14M	10.85M	10.21M	-38.08M	-12.31M	-24.14M	-56.77M	4.96M	-26.12M
Change in Inventory	-53.04M	-32.08M	-52.61M	-77.17M	-6.66M	-79.08M	-95.97M	8.89M	-57.25M	21.34M
Change in Payables	6.62M	12.45M	-11.62M	16.57M	-11.25M	55.96M	17.45M	-23.76M	47.26M	-13.28M
Cash from Investing+	-7.58M	-5.68M	-15.28M	-22.61M	-11.59M	-14.21M	-7.94M	-4.19M	-479K	-4.47M
Capital Expenditures	-3.75M	-4.93M	-9.93M	-11.15M	-14.16M	-13.94M	-7.55M	-4.2M	-1M	-4.58M
CapEx % of Revenue	0.01%	0.01%	0.02%	0.02%	0.03%	0.03%	0.01%	0.01%	0%	0.01%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	299K	295K	7K	-106K	43K	-272K	-388K	10K	521K	109K
Cash from Financing+	-46.98M	-1.85M	33.14M	59.94M	32.15M	-76.57M	60.22M	14.31M	-36.44M	-44.66M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	7.46M	-143K	4.02M	54.84M	39.13M	-1.24M	-660K	-1.75M	-4.25M	-905K
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	11.59M	-10.2M	-23.88M	-51.48M	4.64M	42.15M	-52.41M	-25.95M	38.17M	40.9M
FCF Margin %	0.03%	-0.02%	-0.06%	-0.11%	0.01%	0.08%	-0.08%	-0.04%	0.05%	0.05%
FCF Growth %	1.88%	-1.88%	-1.34%	-1.16%	1.09%	8.09%	-2.24%	0.5%	2.47%	0.07%
FCF per Share	0.61	-0.53	-1.22	-2.73	0.25	2.17	-2.68	-1.34	1.95	2.08
FCF Conversion (FCF/Net Income)	1.45x	-0.14x	-0.85x	5.14x	-2.58x	2.61x	-6.09x	5.17x	-0.80x	-2.34x
Interest Paid	9.81M	11.67M	13.62M	21.15M	23.56M	14.07M	13.99M	37.77M	53.8M	48.72M
Taxes Paid	3.76M	12.38M	19.66M	3.59M	1.5M	3.03M	6.75M	14.2M	9.56M	5.86M

Key Ratios

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Return on Equity (ROE)	5.27%	16.35%	6.23%	-2.83%	-2.63%	7.45%	2.39%	-1.32%	-16.26%	-7.17%
Return on Invested Capital (ROIC)	13.42%	20.82%	12.33%	3.17%	2.85%	7.41%	4.19%	4.79%	6.31%	6.24%
Gross Margin	27.35%	27.31%	24.73%	18.86%	22.1%	20.24%	18.12%	16.68%	18.47%	20.31%
Net Margin	2.86%	8.92%	3.81%	-1.66%	-1.36%	3.97%	1.13%	-0.62%	-6.86%	-2.57%
Debt / Equity	0.14x	0.12x	0.26x	0.49x	0.89x	0.62x	0.83x	0.87x	0.84x	0.78x
Interest Coverage	2.36x	5.19x	3.21x	0.67x	0.67x	2.96x	1.85x	0.92x	0.77x	0.72x
FCF Conversion	1.45x	-0.14x	-0.85x	5.14x	-2.58x	2.61x	-6.09x	5.17x	-0.80x	-2.34x
Revenue Growth	22.29%	14.17%	1.62%	10.45%	13.33%	0.92%	20.25%	5.04%	5.07%	5.53%

Revenue by Segment

	2025
Other Operating	50.14M
Other Operating Growth	-

Frequently Asked Questions

Growth & Financials

Motorcar Parts of America, Inc. (MPAA) reported $789.1M in revenue for fiscal year 2025. This represents a 117% increase from $363.7M in 2012.

Motorcar Parts of America, Inc. (MPAA) grew revenue by 5.5% over the past year. This is steady growth.

Yes, Motorcar Parts of America, Inc. (MPAA) is profitable, generating $2.5M in net income for fiscal year 2025 (-2.6% net margin).

Dividend & Returns

Motorcar Parts of America, Inc. (MPAA) has a return on equity (ROE) of -7.2%. Negative ROE indicates the company is unprofitable.

Motorcar Parts of America, Inc. (MPAA) generated $70.0M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

US Stock Screener

...

Motorcar Parts of America, Inc. (MPAA) 10-Year Financial Performance & Capital Metrics

MPAA • • Industrial / General

Consumer CyclicalAuto Parts & EquipmentAftermarket Parts & RetailReplacement Parts Manufacturers

Revenue $757M +5.5%
EBITDA $50M -12.8%
Net Income -$19M +60.5%
EPS (Diluted) -0.99 +60.6%
Gross Margin 20.31% +10.0%
EBITDA Margin 6.64% -17.4%
Operating Margin 5.27% -18.0%
Net Margin -2.57% +62.5%
ROE -7.17% +55.9%
ROIC 6.24% -1.1%
Debt/Equity 0.78 -7.0%
Interest Coverage 0.72 -6.4%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Strong Piotroski F-Score: 7/9
✓Trading at only 1.0x book value

✗Weaknesses

No significant weaknesses identified

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y9.64%

5Y7.17%

3Y5.21%

TTM6.72%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM103.68%

EPS CAGR

10Y-

5Y-

3Y-

TTM103.32%

ROCE

10Y Avg9.63%

5Y Avg6.9%

3Y Avg6.61%

Latest6.58%

Peer Comparison

Replacement Parts Manufacturers

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
INEOINNEOVA Holdings Ltd	9.76M	0.59	655.56	-2%	1.38%	18.29%	19.39%	2.30
GTThe Goodyear Tire & Rubber Company	2.67B	9.32	38.83	-5.92%	-9.56%	-55.07%		1.79
XPELXPEL, Inc.	1.5B	54.30	32.91	6.08%	10.12%	17.06%	2.74%	0.09
DORMDorman Products, Inc.	3.94B	128.79	20.98	4.11%	11.62%	16.67%	4.87%	0.44
SMPStandard Motor Products, Inc.	882.61M	40.12	16.64	7.77%	3.95%	9.98%	3.7%	1.05
MPAAMotorcar Parts of America, Inc.	265.99M	13.60	-13.74	5.53%	0.31%	0.95%	15.38%	0.78

Profit & Loss

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Sales/Revenue+	368.97M	421.25M	428.07M	472.8M	535.83M	540.78M	650.31M	683.07M	717.68M	757.35M
Revenue Growth %	0.22%	0.14%	0.02%	0.1%	0.13%	0.01%	0.2%	0.05%	0.05%	0.06%
Cost of Goods Sold+	268.05M	306.21M	322.2M	383.62M	417.43M	431.32M	532.44M	569.11M	585.13M	603.53M
COGS % of Revenue	0.73%	0.73%	0.75%	0.81%	0.78%	0.8%	0.82%	0.83%	0.82%	0.8%
Gross Profit+	100.92M	115.05M	105.87M	89.17M	118.4M	109.46M	117.86M	113.96M	132.55M	153.83M
Gross Margin %	0.27%	0.27%	0.25%	0.19%	0.22%	0.2%	0.18%	0.17%	0.18%	0.2%
Gross Profit Growth %	0.24%	0.14%	-0.08%	-0.16%	0.33%	-0.08%	0.08%	-0.03%	0.16%	0.16%
Operating Expenses+	62.64M	47.07M	56.25M	73.53M	101.66M	62.83M	89.16M	77.52M	86.43M	113.91M
OpEx % of Revenue	0.17%	0.11%	0.13%	0.16%	0.19%	0.12%	0.14%	0.11%	0.12%	0.15%
Selling, General & Admin	59.63M	43.25M	50.56M	65.51M	74.26M	71.87M	80.33M	76.48M	80.25M	86.61M
SG&A % of Revenue	0.16%	0.1%	0.12%	0.14%	0.14%	0.13%	0.12%	0.11%	0.11%	0.11%
Research & Development	3.01M	3.82M	5.69M	8.01M	9.2M	8.56M	10.5M	10.32M	9.99M	11.4M
R&D % of Revenue	0.01%	0.01%	0.01%	0.02%	0.02%	0.02%	0.02%	0.02%	0.01%	0.02%
Other Operating Expenses	0	0	0	0	18.2M	-17.61M	-1.67M	-9.29M	-3.81M	15.89M
Operating Income+	38.29M	67.97M	49.62M	15.65M	16.74M	46.63M	28.7M	36.45M	46.12M	39.92M
Operating Margin %	0.1%	0.16%	0.12%	0.03%	0.03%	0.09%	0.04%	0.05%	0.06%	0.05%
Operating Income Growth %	0.14%	0.78%	-0.27%	-0.68%	0.07%	1.79%	-0.38%	0.27%	0.27%	-0.13%
EBITDA+	41.22M	71.69M	54.13M	22.98M	26.3M	57.78M	41.59M	48.89M	57.74M	50.32M
EBITDA Margin %	0.11%	0.17%	0.13%	0.05%	0.05%	0.11%	0.06%	0.07%	0.08%	0.07%
EBITDA Growth %	0.14%	0.74%	-0.24%	-0.58%	0.14%	1.2%	-0.28%	0.18%	0.18%	-0.13%
D&A (Non-Cash Add-back)	2.94M	3.71M	4.51M	7.33M	9.56M	11.14M	12.89M	12.44M	11.62M	10.4M
EBIT	36.47M	69.81M	50.83M	15.65M	16.74M	46.63M	28.7M	36.45M	46.97M	39.86M
Net Interest Income+	-16.24M	-13.09M	-15.45M	-23.23M	-25.04M	-15.77M	-15.55M	-39.55M	-60.04M	-55.55M
Interest Income	0	0	0	0	0	0	0	0	0	0
Interest Expense	16.24M	13.09M	15.45M	23.23M	25.04M	15.77M	15.55M	39.55M	60.04M	55.55M
Other Income/Expense	-16.24M	-13.09M	-15.45M	-23.23M	-25.04M	-15.77M	-15.55M	-39.55M	-59.19M	-55.61M
Pretax Income+	22.04M	54.88M	34.18M	-7.58M	-8.3M	30.86M	13.15M	-3.11M	-13.07M	-15.69M
Pretax Margin %	0.06%	0.13%	0.08%	-0.02%	-0.02%	0.06%	0.02%	-0%	-0.02%	-0.02%
Income Tax+	11.48M	17.3M	17.86M	268K	-1.01M	9.39M	5.79M	1.1M	36.18M	3.78M
Effective Tax Rate %	0.48%	0.68%	0.48%	1.04%	0.88%	0.7%	0.56%	1.35%	3.77%	1.24%
Net Income+	10.56M	37.57M	16.32M	-7.85M	-7.29M	21.48M	7.36M	-4.21M	-49.24M	-19.47M
Net Margin %	0.03%	0.09%	0.04%	-0.02%	-0.01%	0.04%	0.01%	-0.01%	-0.07%	-0.03%
Net Income Growth %	-0.08%	2.56%	-0.57%	-1.48%	0.07%	3.95%	-0.66%	-1.57%	-10.71%	0.6%
Net Income (Continuing)	10.56M	37.57M	19.26M	-7.85M	-7.29M	21.48M	7.36M	-4.21M	-49.24M	-19.47M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	0.55	1.93	0.84	-0.42	-0.39	1.11	0.38	-0.22	-2.51	-0.99
EPS Growth %	-0.15%	2.51%	-0.56%	-1.5%	0.07%	3.85%	-0.66%	-1.58%	-10.41%	0.61%
EPS (Basic)	0.58	2.02	0.87	-0.42	-0.39	1.13	0.39	-0.22	-2.51	-0.99
Diluted Shares Outstanding	19.07M	19.42M	19.51M	18.85M	18.91M	19.39M	19.56M	19.34M	19.6M	19.68M
Basic Shares Outstanding	18.23M	18.61M	18.85M	18.69M	18.91M	19.02M	19.12M	19.34M	19.6M	19.68M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Total Current Assets+	140.09M	122.13M	134.69M	352.88M	409.12M	422.86M	536.99M	537.48M	560.46M	511.47M
Cash & Short-Term Investments	23.71M	11.17M	15.88M	13.18M	50.47M	17.18M	25.22M	13.61M	15.81M	11.31M
Cash Only	21.9M	9.03M	13.05M	9.91M	49.62M	15.52M	23.02M	11.6M	13.97M	9.43M
Short-Term Investments	1.81M	2.14M	2.83M	3.27M	850K	1.65M	2.2M	2.01M	1.84M	1.88M
Accounts Receivable	8.55M	27.73M	94.35M	88.21M	115.36M	90.47M	112.88M	147.47M	129.12M	124.88M
Days Sales Outstanding	8.46	24.02	80.45	68.1	78.58	61.06	63.35	78.8	65.67	60.18
Inventory	68.58M	75.1M	83.78M	242.19M	234.68M	302.91M	385.5M	356.25M	397.33M	359.67M
Days Inventory Outstanding	93.39	89.52	94.91	230.44	205.2	256.34	264.27	228.48	247.85	217.52
Other Current Assets	0	2.14M	9.15M	0	0	0	0	20.15M	18.2M	15.61M
Total Non-Current Assets+	273.29M	314.01M	359.81M	279.48M	367.91M	425.03M	478.71M	491.09M	451.54M	446.17M
Property, Plant & Equipment	16.1M	18.44M	28.32M	35.15M	97.99M	125.37M	133.06M	133.67M	122.31M	98.59M
Fixed Asset Turnover	22.92x	22.85x	15.11x	13.45x	5.47x	4.31x	4.89x	5.11x	5.87x	7.68x
Goodwill	2.05M	2.55M	2.55M	3.21M	3.21M	3.21M	3.21M	3.21M	3.21M	3.21M
Intangible Assets	4.57M	3.99M	3.77M	8.43M	6.39M	5.33M	3.8M	2.14M	1.07M	552K
Long-Term Investments	5.57M	5.57M	5.57M	221.88M	239.54M	270.21M	310.25M	0	320.28M	0
Other Non-Current Assets	244.76M	269.91M	309.05M	1.07M	1.84M	1.53M	1.41M	319.44M	1.7M	339.25M
Total Assets+	413.37M	436.14M	494.5M	632.36M	777.03M	847.88M	1.02B	1.03B	1.01B	957.64M
Asset Turnover	0.89x	0.97x	0.87x	0.75x	0.69x	0.64x	0.64x	0.66x	0.71x	0.79x
Asset Growth %	-0.02%	0.06%	0.13%	0.28%	0.23%	0.09%	0.2%	0.01%	-0.02%	-0.05%
Total Current Liabilities+	131.38M	142.78M	180.95M	279.35M	318.49M	326.13M	426.4M	382.59M	404.43M	351.02M
Accounts Payable	72.15M	85.96M	73.27M	92.46M	78.66M	129.33M	147.47M	119.44M	154.98M	141.91M
Days Payables Outstanding	98.25	102.46	83.01	87.97	68.78	109.44	101.09	76.6	96.67	85.82
Short-Term Debt	10.07M	14.06M	57.07M	114.08M	155.68M	87.68M	158.67M	148.86M	128M	90.79M
Deferred Revenue (Current)	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Other Current Liabilities	46.96M	40.62M	52.05M	56.03M	50.28M	59.96M	68.78M	4.87M	73.7M	5.57M
Current Ratio	1.07x	0.86x	0.74x	1.26x	1.28x	1.30x	1.26x	1.40x	1.39x	1.46x
Quick Ratio	0.54x	0.33x	0.28x	0.40x	0.55x	0.37x	0.36x	0.47x	0.40x	0.43x
Cash Conversion Cycle	3.59	11.07	92.36	210.56	215	207.95	226.53	230.68	216.84	191.88
Total Non-Current Liabilities+	71.18M	44.68M	38.57M	73.25M	183.02M	220.61M	274.03M	325.5M	322.47M	348.91M
Long-Term Debt	19.98M	16.93M	13.91M	24.19M	20.46M	16.79M	13.02M	40.27M	30.78M	35.21M
Capital Lease Obligations	0	0	2.95M	2.95M	65.33M	75.55M	84.23M	79.32M	72.24M	65.31M
Deferred Tax Liabilities	14.31M	180K	226K	257K	79K	73K	126K	718K	511K	362K
Other Non-Current Liabilities	33.65M	15.21M	3.01M	4.97M	5.04M	2.98M	3.89M	11.58M	6.87M	6.63M
Total Liabilities	202.56M	187.46M	219.52M	352.61M	501.51M	546.74M	700.43M	708.09M	726.89M	699.94M
Total Debt+	30.05M	31M	70.98M	138.27M	246.57M	186.45M	262.71M	277.22M	239.34M	201.28M
Net Debt	8.15M	21.97M	57.93M	128.36M	196.96M	170.93M	239.69M	265.63M	225.36M	191.85M
Debt / Equity	0.14x	0.12x	0.26x	0.49x	0.89x	0.62x	0.83x	0.87x	0.84x	0.78x
Debt / EBITDA	0.73x	0.43x	1.31x	6.02x	9.38x	3.23x	6.32x	5.67x	4.15x	4.00x
Net Debt / EBITDA	0.20x	0.31x	1.07x	5.59x	7.49x	2.96x	5.76x	5.43x	3.90x	3.81x
Interest Coverage	2.36x	5.19x	3.21x	0.67x	0.67x	2.96x	1.85x	0.92x	0.77x	0.72x
Total Equity+	210.81M	248.68M	274.98M	279.75M	275.52M	301.14M	315.26M	320.48M	285.11M	257.7M
Equity Growth %	0.11%	0.18%	0.11%	0.02%	-0.02%	0.09%	0.05%	0.02%	-0.11%	-0.1%
Book Value per Share	11.06	12.81	14.09	14.84	14.57	15.53	16.12	16.57	14.55	13.09
Total Shareholders' Equity	210.81M	248.68M	274.98M	279.75M	275.52M	301.14M	315.26M	320.48M	285.11M	257.7M
Common Stock	185K	186K	189K	188K	190K	190K	191K	195K	197K	194K
Retained Earnings	11.82M	50.29M	66.61M	71.41M	64.12M	85.59M	92.95M	88.75M	39.5M	20.03M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	-4.85M	-7.44M	-5.43M	-6.89M	-7.37M	-7.7M	-5.07M	-303K	9.15M	3.06M
Minority Interest	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operations+	15.33M	-5.27M	-13.94M	-40.33M	18.8M	56.09M	-44.86M	-21.75M	39.17M	45.48M
Operating CF Margin %	0.04%	-0.01%	-0.03%	-0.09%	0.04%	0.1%	-0.07%	-0.03%	0.05%	0.06%
Operating CF Growth %	2.62%	-1.34%	-1.65%	-1.89%	1.47%	1.98%	-1.8%	0.52%	2.8%	0.16%
Net Income	10.56M	37.57M	16.32M	-7.85M	-7.29M	21.48M	7.36M	-4.21M	-49.24M	-19.47M
Depreciation & Amortization	2.94M	3.71M	4.51M	7.33M	9.56M	11.14M	12.89M	12.44M	11.62M	10.4M
Stock-Based Compensation	2.58M	3.38M	3.77M	5.56M	4.14M	5.25M	7.29M	4.68M	4.7M	3.88M
Deferred Taxes	-3.78M	6.51M	3.06M	-3.06M	-10.34M	-433K	-7.44M	-5.21M	29.56M	-1.8M
Other Non-Cash Items	19.41M	2.24M	9.09M	18.37M	39.8M	9.7M	34.97M	35.14M	40.13M	61.44M
Working Capital Changes	-16.38M	-58.69M	-50.68M	-60.68M	-17.08M	8.95M	-99.92M	-64.61M	2.4M	-8.97M
Change in Receivables	4.65M	-18.14M	10.85M	10.21M	-38.08M	-12.31M	-24.14M	-56.77M	4.96M	-26.12M
Change in Inventory	-53.04M	-32.08M	-52.61M	-77.17M	-6.66M	-79.08M	-95.97M	8.89M	-57.25M	21.34M
Change in Payables	6.62M	12.45M	-11.62M	16.57M	-11.25M	55.96M	17.45M	-23.76M	47.26M	-13.28M
Cash from Investing+	-7.58M	-5.68M	-15.28M	-22.61M	-11.59M	-14.21M	-7.94M	-4.19M	-479K	-4.47M
Capital Expenditures	-3.75M	-4.93M	-9.93M	-11.15M	-14.16M	-13.94M	-7.55M	-4.2M	-1M	-4.58M
CapEx % of Revenue	0.01%	0.01%	0.02%	0.02%	0.03%	0.03%	0.01%	0.01%	0%	0.01%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	299K	295K	7K	-106K	43K	-272K	-388K	10K	521K	109K
Cash from Financing+	-46.98M	-1.85M	33.14M	59.94M	32.15M	-76.57M	60.22M	14.31M	-36.44M	-44.66M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	7.46M	-143K	4.02M	54.84M	39.13M	-1.24M	-660K	-1.75M	-4.25M	-905K
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	11.59M	-10.2M	-23.88M	-51.48M	4.64M	42.15M	-52.41M	-25.95M	38.17M	40.9M
FCF Margin %	0.03%	-0.02%	-0.06%	-0.11%	0.01%	0.08%	-0.08%	-0.04%	0.05%	0.05%
FCF Growth %	1.88%	-1.88%	-1.34%	-1.16%	1.09%	8.09%	-2.24%	0.5%	2.47%	0.07%
FCF per Share	0.61	-0.53	-1.22	-2.73	0.25	2.17	-2.68	-1.34	1.95	2.08
FCF Conversion (FCF/Net Income)	1.45x	-0.14x	-0.85x	5.14x	-2.58x	2.61x	-6.09x	5.17x	-0.80x	-2.34x
Interest Paid	9.81M	11.67M	13.62M	21.15M	23.56M	14.07M	13.99M	37.77M	53.8M	48.72M
Taxes Paid	3.76M	12.38M	19.66M	3.59M	1.5M	3.03M	6.75M	14.2M	9.56M	5.86M

Key Ratios

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Return on Equity (ROE)	5.27%	16.35%	6.23%	-2.83%	-2.63%	7.45%	2.39%	-1.32%	-16.26%	-7.17%
Return on Invested Capital (ROIC)	13.42%	20.82%	12.33%	3.17%	2.85%	7.41%	4.19%	4.79%	6.31%	6.24%
Gross Margin	27.35%	27.31%	24.73%	18.86%	22.1%	20.24%	18.12%	16.68%	18.47%	20.31%
Net Margin	2.86%	8.92%	3.81%	-1.66%	-1.36%	3.97%	1.13%	-0.62%	-6.86%	-2.57%
Debt / Equity	0.14x	0.12x	0.26x	0.49x	0.89x	0.62x	0.83x	0.87x	0.84x	0.78x
Interest Coverage	2.36x	5.19x	3.21x	0.67x	0.67x	2.96x	1.85x	0.92x	0.77x	0.72x
FCF Conversion	1.45x	-0.14x	-0.85x	5.14x	-2.58x	2.61x	-6.09x	5.17x	-0.80x	-2.34x
Revenue Growth	22.29%	14.17%	1.62%	10.45%	13.33%	0.92%	20.25%	5.04%	5.07%	5.53%

Revenue by Segment

	2025
Other Operating	50.14M
Other Operating Growth	-

Frequently Asked Questions

Growth & Financials

Motorcar Parts of America, Inc. (MPAA) reported $789.1M in revenue for fiscal year 2025. This represents a 117% increase from $363.7M in 2012.

Motorcar Parts of America, Inc. (MPAA) grew revenue by 5.5% over the past year. This is steady growth.

Yes, Motorcar Parts of America, Inc. (MPAA) is profitable, generating $2.5M in net income for fiscal year 2025 (-2.6% net margin).

Dividend & Returns

Motorcar Parts of America, Inc. (MPAA) has a return on equity (ROE) of -7.2%. Negative ROE indicates the company is unprofitable.

Motorcar Parts of America, Inc. (MPAA) generated $70.0M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.