Form 8-K - Current report

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): February 26, 2025

STONERIDGE, INC.

(Exact Name of Registrant as Specified in its Charter)


Ohio	001-13337	34-1598949
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(I.R.S. Employer Identification No.)

39675 MacKenzie Drive, Suite 400, Novi, Michigan 48377

(Address of principal executive offices, and Zip Code)

(248) 489-9300

Registrant’s Telephone Number, Including Area Code

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):


o			Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o			Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o			Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o			Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:


Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Common Shares, without par value	SRI	New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).


			Emerging growth company			o

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o

ITEM 2.02 Results of Operations and Financial Condition.

On February 26, 2025, Stoneridge, Inc. (the “Company”) issued a press release announcing its results for the fourth quarter and full year ended December 31, 2024. A copy of the press release is attached hereto as Exhibit 99.1. On February 27, 2025, members of the Company’s senior management will hold the full-year and fourth quarter 2024 earnings conference call via webcast to discuss the Company’s financial results and the presentation attached hereto as Exhibit 99.2, will accompany management’s comments.

The press release and earnings conference call presentation contain certain non-GAAP financial measures, including Adjusted Sales, Adjusted Gross Profit and Margin, Adjusted Operating Income (Loss) and Margin, Adjusted Income (Loss) Before Tax, Adjusted Tax Expense (Benefit), Adjusted Net Income (Loss), Adjusted Earnings (Loss) per Share (“Adjusted EPS”), Earnings Before Interest, Taxes, Depreciation and Amortization (“EBITDA”), EBITDA Margin, Adjusted EBITDA, Adjusted EBITDA Margin, Adjusted Net Debt, Adjusted Debt and Adjusted Cash (collectively, the “Non-GAAP Financial Measures”). Management believes that the presentation of the Non-GAAP Financial Measures used in the press release and earnings conference call presentation are useful to both management and investors in their analysis of the Company’s financial position, results of operations and expected results of operations because the Non-GAAP Financial Measures facilitate a period to period comparison of operating results by excluding significant unusual, non-recurring items in 2024 and 2023. For 2024, these items relate to after-tax and pre-tax business realignment costs, after-tax and pre-tax environmental remediation costs, after-tax impact of valuation allowance and adjustments for debt compliance calculations. For 2023, these items relate to the sales from spot purchase recoveries, pre-tax business realignment costs, pre-tax gain on disposal of fixed assets, pre-tax Brazilian indirect tax credits, net, pre-tax environmental remediation costs and adjustments for debt compliance calculations. These non-GAAP financial measures, however, should not be considered in isolation or as a substitute for the most comparable GAAP financial measures. Investors are cautioned that non-GAAP financial measures used by the Company may not be comparable to non-GAAP financial measures used by other companies. Adjusted Sales, Adjusted Gross Profit and Margin, Adjusted Operating Income (Loss) and Margin, Adjusted (Income) Loss Before Tax, Adjusted Tax Expense (Benefit), Adjusted Net Income (Loss), Adjusted EPS, EBITDA, EBITDA Margin, Adjusted EBITDA, Adjusted EBITDA Margin, Adjusted Net Debt, Adjusted Debt and Adjusted Cash should not be considered a substitute for Sales, Gross Profit, Operating Income (Loss), Income (Loss) Before Tax, Income Tax Expense (Benefit), Net Income (Loss), Earnings (Loss) per Share, Debt or Cash and Cash Equivalents prepared in accordance with GAAP.

ITEM 7.01 Regulation FD Disclosure.

The information set forth in Item 2.02 above is hereby incorporated herein by reference.

The information in this report, including the press release and the earnings conference call presentation furnished as Exhibits 99.1 and 99.2 hereto, shall not be deemed to be “filed” for purposes of Section 18 of the Securities and Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that Section, and shall not be incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing. In addition, the exhibits furnished herewith contain statements intended as “forward-looking statements” that are subject to the cautionary statements about forward-looking statements set forth in such exhibits.

ITEM 9.01 Financial Statements and Exhibits.

(d) Exhibits


Exhibit No.			Description

99.1			Press release dated February 26, 2025, announcing results for the fourth quarter and full-year ended December 31, 2024

99.2			Full-year and fourth quarter 2024 results earnings conference call presentation materials, dated February 27, 2025

104			Cover Page Interactive Data File (the Cover Page Interactive Data File is embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


			Stoneridge, Inc.

Date: February 26, 2025			/s/ Matthew R. Horvath
			Matthew R. Horvath Chief Financial Officer and Treasurer (Principal Financial Officer)

Exhibit 99.1

FOR IMMEDIATE RELEASE

Stoneridge Reports Fourth Quarter and Full-Year 2024 Results

Net Cash Provided by Operating Activities Improvement of ~$43 Million Year-Over-Year Driven by Inventory Reduction of ~$36 Million

Establishes 2025 Midpoint Revenue Guidance of $875 Million and EBITDA Guidance of $40 Million

Establishes 2026 Revenue Target of at Least $975 Million and EBITDA Target of at Least $70 Million

2024 Fourth Quarter Results

•Sales of $218.2 million

•Gross profit of $42.7 million (19.5% of sales)

•Adjusted gross profit of $43.1 million (19.7% of sales)

•Operating loss of $(4.4) million ((2.0)% of sales)

•Adjusted operating loss of $(4.0) million ((1.8)% of sales)

•Net loss of $(6.1) million ((2.8)% of sales)

•Adjusted net loss of $(5.0) million ((2.3)% of sales)

•Adjusted EBITDA of $6.0 million (2.7% of sales)

2025 Full-Year Guidance

•Revenue of $860 million - $890 million (midpoint of $875 million)

◦MirrorEye® expected to contribute $50+ million incremental revenue in 2025

◦Company’s expectation of ~(3.8)% decline in OEM market volume vs. 2024

•EBITDA of $38 million to $42 million, or 4.4% to 4.7% of sales (midpoint of $40 million or 4.6% of sales)

2026 Financial Targets

•2026 revenue target of at least $975 million

•2026 EBITDA target of at least $70 million, or 7.2% of sales

NOVI, Mich. – February 26, 2025– Stoneridge, Inc. (NYSE: SRI) today announced financial results for the fourth quarter and full-year ended December 31, 2024.

The Company announced fourth quarter sales of $218.2 million, gross profit of $42.7 million (19.5% of sales) and adjusted gross profit of $43.1 million (19.7% of sales). Operating loss was $(4.4) million ((2.0)% of sales) resulting in adjusted operating loss of $(4.0) million ((1.8)% of sales). Net loss was $(6.1) million and adjusted net loss was $(5.0) million. Loss per share was $(0.22) and adjusted EPS was $(0.18). Adjusted EBITDA was $6.0 million (2.7% of sales).

The Company announced full-year sales of $908.3 million, gross profit of $189.3 million (20.8% of sales) and adjusted gross profit of $189.8 million (20.9% of sales). Operating loss was $(0.4) million (0.0% of sales)

resulting in adjusted operating income of $2.4 million (0.3% of sales). Net loss was $(16.5) million and adjusted net loss was $(13.1) million. Loss per share was $(0.60) and adjusted EPS was $(0.47). Adjusted EBITDA was $37.9 million (4.2% of sales).

The exhibits attached hereto provide reconciliation detail on normalizing adjustments of non-GAAP financial measures used in this press release.

Jim Zizelman, president and chief executive officer, commented, “In 2024, our focus remained on improving the fundamentals of our business to offset the continued pressure across all of our major end markets. Stoneridge specific growth drivers, including MirrorEye and the Smart 2 tachograph, grew significantly this year, offsetting a portion of the market headwinds to drive market outperformance of 490 basis points. We continued to focus on the execution of our major program launches, material cost reductions, continuous improvement in our manufacturing facilities and structural cost control. Our efforts resulted in a 120-basis point improvement in material costs and a 30-basis point improvement in direct labor costs, or a 7% year-over-year improvement relative to 2023. Our focus on cash and inventory management drove positive free cash flow of approximately $24 million, an increase of approximately $56 million versus the prior year. This was driven primarily by significant improvement in our inventory balances, which declined by $36 million this year, $25 million of which came in the fourth quarter.”

Zizelman continued, “While we are proud of our achievements in 2024, we recognize there is still opportunity for significant improvement, especially in quality. Additionally, we are focused on overall cost structure, as evidenced by our recent actions to de-layer certain corporate functions and streamline our operations in manufacturing facilities which reduced costs and is also improving operational efficiency. Quality-related costs, material cost improvement and structural cost reduction remain our key priorities for 2025.”

Zizelman concluded, “Finally, we continue to monitor the impacts, if any, related to potential tariffs, particularly related to Mexico. Similar to previously enacted tariffs or other raw material related cost increases over the last several years, we will implement supply chain and customer pricing strategies to mitigate any cost increases that may occur. We will continue to monitor shifts in macroeconomic policies and the potential for impacts on our business to ensure that we act quickly to offset any incremental costs, as we have done historically.”

Fourth Quarter in Review

Electronics fourth quarter sales of $149.4 million increased by 1.8% relative to adjusted sales of the fourth quarter of 2023. This was primarily driven by the ramp-up of recently launched programs, including MirrorEye and the Company’s next generation tachograph, the Smart 2, as well as higher sales in the European off-highway end market. This was partially offset by lower sales in the European and North American commercial vehicle end markets due to production volume declines. Fourth quarter adjusted operating margin of 3.6% declined by 390 basis points relative to the fourth quarter of 2023, driven by higher D&D, primarily related to a reduction in customer reimbursements, and higher SG&A costs. This was partially offset by lower material and labor costs.

Control Devices fourth quarter sales of $63.2 million decreased by 16.3% relative to the fourth quarter of 2023. This decrease was primarily due to lower customer production volumes in the North American passenger vehicle end market, as well as the expected wind-down of end-of-life programs and lower sales in China. Fourth quarter adjusted operating margin of (2.5)% decreased by 380 basis points relative to the fourth quarter of 2023, primarily due to reduced leverage on lower sales, partially offset by lower direct material and labor costs.

Stoneridge Brazil fourth quarter sales of $12.4 million decreased by $1.5 million relative to the fourth quarter of 2023. This decrease was due to unfavorable foreign currency translation of $(2.0) million. Additionally, higher OEM sales during the quarter were partially offset by lower sales in aftermarket products and monitoring service

fees. Fourth quarter operating income of $0.1 million decreased by approximately $0.9 million relative to the fourth quarter of 2023, driven by higher material costs due to the adverse impact of U.S. dollar-denominated material purchases and unfavorable sales mix from lower monitoring service fees offset by lower SG&A spending.

Full-Year in Review

Electronics full-year sales of $594.7 million were relatively in line with 2023 sales adjusted for spot purchase recoveries. This was primarily driven by the ramp-up of recently launched programs, including MirrorEye and Smart 2, partially offset by lower sales in the European and North American commercial vehicle end markets due to customer production volume declines. Full-year adjusted operating margin of 4.7% declined by 40 basis points relative to 2023, driven by higher operating expenses and increased quality-related costs of approximately $1.2 million, partially offset by lower material and direct labor costs.

Control Devices full-year sales of $296.3 million decreased by 14.3% relative to 2023. This decrease was primarily due to lower customer production volumes in the North American passenger vehicle end market, as well as the expected wind-down of end-of-life programs. Full-year adjusted operating margin of 2.2% decreased by 170 basis points relative to 2023, primarily due to reduced leverage on lower sales, partially offset by lower direct material and quality-related costs.

Stoneridge Brazil full-year sales of $50.3 million decreased by $7.1 million relative to 2023. This decrease was primarily due to unfavorable foreign currency translation of $(3.8) million as well as lower sales in all our South American end markets driven by continued macroeconomic challenges. Full-year operating income of $1.0 million decreased by approximately $3.0 million relative to 2023, primarily due to reduced fixed cost leverage on lower sales, relatively higher material costs due to the adverse impact of U.S. dollar-denominated material purchases and unfavorable sales mix from lower monitoring service fees, partially offset by lower SG&A costs.

Cash and Debt Balances

As of December 31, 2024, Stoneridge had cash and cash equivalents totaling $71.8 million. During 2024, the Company generated $47.7 million in net cash provided by operating activities and $23.8 million in free cash flow, an increase of $42.8 million and $55.5 million, respectively over 2023. This was driven by the Company’s continued focus on reducing net working capital, including a $36.4 million reduction in inventory balances.

For compliance purposes, adjusted net debt was $147.9 million while adjusted EBITDA for the trailing twelve months was $48.0 million, resulting in an adjusted net debt to trailing twelve-month EBITDA compliance leverage ratio of 3.08x relative to a required leverage ratio of not greater than 3.5x.

The Company amended the existing Credit Facility to provide financial covenant relief for the fourth quarter of 2024 and the first three quarters of 2025. This amendment modified the first, second and third quarter leverage ratio maximum to 6.0x, 5.5x and 4.5x, respectively. The interest coverage ratio was waived in the fourth quarter of 2024 and was modified to 2.0x for the first and second quarters of 2025 and 2.5x for the third quarter of 2025. The Company expects to remain compliant with all amended compliance ratios.

The Company continues to focus on both operating performance and efficient cash management to improve financial performance and return its leverage profile to more normalized ratios. Based on its 2025 guidance and working capital initiatives, the Company is targeting a compliance net debt to EBITDA leverage ratio of 2.0x to 2.5x by the end of the year, relative to a 3.5x leverage ratio requirement by the end of the year.

2025 and Future Outlook

The Company is issuing guidance ranges for its full-year 2025 performance including sales guidance of $860 million to $890 million, gross margin guidance of 22.0% to 22.5% operating margin guidance of 0.75% to

1.25%, and EBITDA guidance of $38 million to $42 million, or approximately 4.4% to 4.7% of sales. The Company is also issuing guidance for free cash flow in 2025 of $25 million to $30 million.

Matt Horvath, chief financial officer, commented, “We are establishing our full-year 2025 guidance ranges, including midpoint revenue of $875 million to reflect current market expectations and our expectations for Stoneridge specific growth drivers. Overall, we expect OEM volume to decline by approximately 3.8% relative to 2024. We expect continued strong growth in MirrorEye in 2025 driven by the launch of new programs in North America, the ramp-up of recently launched programs and improved take rates on existing programs, resulting in full-year MirrorEye revenue of $120 million or almost double 2024. The growth in MirrorEye will offset the expected roll-off of certain end-of-life programs resulting in a range of expected revenue of $860 million to $890 million for 2025. As Jim outlined previously, we will continue to drive material cost improvement, manage our structural costs, and drive improved quality resulting in expanded margins. As a result, we expect EBITDA of $38 million to $42 million in 2025.”

Horvath continued, “Finally, today we are providing both short-term and long-term revenue and EBITDA targets. Looking at 2026, our weighted-average end markets are expected to grow by 7.4%. Additionally, we expect continued ramp-up and annualization of our existing OEM MirrorEye programs. Based only on market and MirrorEye related growth, we are targeting at least $975 million of revenue in 2026. We have additional opportunities for growth, including growth in our actuation and sensor programs in Control Devices, growth in our connected trailer activities and growth in our aftermarket businesses, including our off-highway business. Based only on the contribution on growth related to our markets and existing OEM MirrorEye programs, we are targeting 2026 EBITDA of at least $70 million, or 7.2% of sales. Incremental to that contribution-based target would be our continued focus and expectation on improving material costs, direct labor costs and most importantly, quality-related costs. We will provide more detail regarding these opportunities and our 2026 specific guidance as we get closer to the end of this year.”

Horvath concluded, “Similarly, we have updated our long-term targets to reflect continued strong growth expectations in our key product categories to a 2029 revenue target of $1.3 billion to $1.45 billion and EBITDA of $160 million to $200 million implying an EBITDA margin range of 12.3% to 13.8%. We remain focused on building a strong foundation for continued earnings expansion as we capitalize on our impressive portfolio of advanced technologies. Stoneridge remains well positioned to continue to outperform our underlying markets and drive margin expansion resulting in long-term shareholder value creation.”

Conference Call on the Web

A live Internet broadcast of Stoneridge’s conference call regarding 2024 fourth quarter results can be accessed at 9:00 a.m. Eastern Time on Thursday, February 27, 2025, at www.stoneridge.com, which will also offer a webcast replay.

About Stoneridge, Inc.

Stoneridge, Inc., headquartered in Novi, Michigan, is a global supplier of safe and efficient electronic systems and technologies. Our systems and products power vehicle intelligence, while enabling safety and security for on- and off- highway transportation sectors around the world. Additional information about Stoneridge can be found at www.stoneridge.com.

Forward-Looking Statements

Statements in this press release contain “forward-looking statements” under the Private Securities Litigation Reform Act of 1995. These statements appear in a number of places in this report and may include statements regarding the intent, belief or current expectations of the Company, with respect to, among other things, our (i) future product and facility expansion, (ii) acquisition strategy, (iii) investments and new product development, (iv) growth opportunities related to awarded business, and (v) operational expectations. Forward-looking statements may be identified by the words “will,” “may,” “should,” “designed to,” “believes,” “plans,” “projects,”

“intends,” “expects,” “estimates,” “anticipates,” “continue,” and similar words and expressions. The forward-looking statements are subject to risks and uncertainties that could cause actual events or results to differ materially from those expressed in or implied by these statements. Important factors that could cause actual results to differ materially from those in the forward-looking statements include, among other factors:

•the ability of our suppliers to supply us with parts and components at competitive prices on a timely basis, including the impact of potential tariffs and trade considerations on their operations and output;

•fluctuations in the cost and availability of key materials and components (including semiconductors, printed circuit boards, resin, aluminum, steel and copper) and our ability to offset cost increases through negotiated price increases with our customers or other cost reduction actions, as necessary;

•global economic trends, competition and geopolitical risks, including impacts from ongoing or potential global conflicts and any related sanctions and other measures, or an escalation of sanctions, tariffs or other trade tensions between the U.S. and other countries;

•tariffs specifically in countries where we have significant manufacturing or supply chain exposure and our ability to either mitigate the impact of tariffs or pass any incremental costs to our customers;

•our ability to achieve cost reductions that offset or exceed customer-mandated selling price reductions;

•the reduced purchases, loss, financial distress or bankruptcy of a major customer or supplier;

•the costs and timing of business realignment, facility closures or similar actions;

•a significant change in commercial, automotive, off-highway or agricultural vehicle production;

•competitive market conditions and resulting effects on sales and pricing;

•foreign currency fluctuations and our ability to manage those impacts;

•customer acceptance of new products;

•our ability to successfully launch/produce products for awarded business;

•adverse changes in laws, government regulations or market conditions affecting our products, our suppliers, or our customers’ products;

•our ability to protect our intellectual property and successfully defend against assertions made against us;

•liabilities arising from warranty claims, product recall or field actions, product liability and legal proceedings to which we are or may become a party, or the impact of product recall or field actions of our customers;

•labor disruptions at our facilities, or at any of our significant customers or suppliers;

•business disruptions due to natural disasters or other disasters outside of our control;

•the amount of our indebtedness and the restrictive covenants contained in the agreements governing our indebtedness, including our revolving Credit Facility;

•capital availability or costs, including changes in interest rates;

•the failure to achieve the successful integration of any acquired company or business;

•risks related to a failure of our information technology systems and networks, and risks associated with current and emerging technology threats and damage from computer viruses, unauthorized access, cyber-attack and other similar disruptions; and

•the items described in Part I, Item IA (“Risk Factors”) in our Form 10-K filed with the SEC.

The forward-looking statements contained herein represent our estimates only as of the date of this release and should not be relied upon as representing our estimates as of any subsequent date. While we may elect to update these forward-looking statements at some point in the future, we specifically disclaim any obligation to do so, whether to reflect actual results, changes in assumptions, changes in other factors affecting such forward-looking statements or otherwise.

Use of Non-GAAP Financial Information

This press release contains information about the Company’s financial results that is not presented in accordance with accounting principles generally accepted in the United States (“GAAP”). Such non-GAAP

financial measures are reconciled to their closest GAAP financial measures at the end of this press release. The provision of these non-GAAP financial measures for 2024 and 2023 is not intended to indicate that Stoneridge is explicitly or implicitly providing projections on those non-GAAP financial measures, and actual results for such measures are likely to vary from those presented. The reconciliations include all information reasonably available to the Company at the date of this press release and the adjustments that management can reasonably predict.

In evaluating its business, the Company considers and uses free cash flow and net debt as supplemental measures of its liquidity and the other non-GAAP financial measures as supplemental measures of its operating performance. Management believes the non-GAAP financial measures used in this press release are useful to both management and investors in their analysis of the Company’s financial position and results of operations. In particular, management believes that adjusted sales, adjusted gross profit and margin, adjusted operating income (loss) and margin, adjusted loss before tax, adjusted income tax expense (benefit), adjusted net income (loss), adjusted EPS, EBITDA, adjusted EBITDA, adjusted debt, adjusted net debt, adjusted cash and free cash flow are useful measures in assessing the Company’s financial performance by excluding certain items that are not indicative of the Company’s core operating performance or that may obscure trends useful in evaluating the Company’s continuing operating activities. Management also believes that these measures are useful to both management and investors in their analysis of the Company’s results of operations and provide improved comparability between fiscal periods.

Adjusted sales, adjusted gross profit and margin, adjusted operating income (loss) and margin, adjusted loss before tax, adjusted income tax expense (benefit), adjusted net income (loss), adjusted EPS, EBITDA, adjusted EBITDA, adjusted debt, adjusted net debt, adjusted cash and free cash flow should not be considered in isolation or as a substitute for sales, gross profit, operating income (loss), income (loss) before tax, income tax expense (benefit), net income (loss), EPS, debt, cash and cash equivalents, cash provided by operating activities or other income statement or cash flow statement data prepared in accordance with GAAP.

For more information, contact Kelly K. Harvey, Director Investor Relations (Kelly.Harvey@Stoneridge.com).

CONSOLIDATED BALANCE SHEETS


December 31, (in thousands)	2024		2023

ASSETS
Current assets:
Cash and cash equivalents	$	71,832	$	40,841
Accounts receivable, less reserves of $1,060 and $1,058, respectively	137,766		166,545
Inventories, net	151,337		187,758
Prepaid expenses and other current assets	26,579		34,246
Total current assets	387,514		429,390
Long-term assets:
Property, plant and equipment, net	97,667		110,126
Intangible assets, net	39,677		47,314
Goodwill	33,085		35,295
Operating lease right-of-use asset	10,050		10,795
Investments and other long-term assets, net	53,563		46,980
Total long-term assets	234,042		250,510
Total assets	$	621,556	$	679,900

LIABILITIES AND SHAREHOLDERS' EQUITY
Current liabilities:
Current portion of debt	$	—	$	2,113
Accounts payable	83,478		111,925
Accrued expenses and other current liabilities	66,494		64,203
Total current liabilities	149,972		178,241
Long-term liabilities:
Revolving credit facility	201,577		189,346
Deferred income taxes	5,321		7,224
Operating lease long-term liability	6,484		7,684
Other long-term liabilities	12,942		9,688
Total long-term liabilities	226,324		213,942
Shareholders' equity:
Preferred Shares, without par value, 5,000 shares authorized, none issued	—		—
Common Shares, without par value, 60,000 shares authorized, 28,966 and 28,966 shares issued and 27,695 and 27,549 shares outstanding at December 31, 2024 and December 31, 2023, respectively, with no stated value	—		—
Additional paid-in capital	225,712		227,340
Common Shares held in treasury, 1,271 and 1,417 shares at December 31, 2024 and December 31, 2023, respectively, at cost	(38,424)		(43,344)
Retained earnings	179,985		196,509
Accumulated other comprehensive loss	(122,013)		(92,788)
Total shareholders' equity	245,260		287,717
Total liabilities and shareholders' equity	$	621,556	$	679,900

CONSOLIDATED STATEMENTS OF OPERATIONS


Year ended December 31, (in thousands, except per share data)	2024		2023		2022

Net sales	$	908,295	$	975,818	$	899,923
Costs and expenses:
Cost of goods sold	719,042		774,512		724,997
Selling, general and administrative	117,460		117,395		106,695


Design and development	72,174		71,075		65,296
Operating (loss) income	(381)		12,836		2,935
Interest expense, net	14,447		13,000		7,097
Equity in loss of investee	1,292		522		823
Other (income) expense, net	(2,523)		1,236		5,711
Loss before income taxes	(13,597)		(1,922)		(10,696)
Provision for income taxes	2,927		3,261		3,360
Net loss	$	(16,524)	$	(5,183)	$	(14,056)

Loss per share:
Basic	$	(0.60)	$	(0.19)	$	(0.52)
Diluted	$	(0.60)	$	(0.19)	$	(0.52)

Weighted-average shares outstanding:
Basic	27,596		27,443		27,258
Diluted	27,596		27,443		27,258

CONSOLIDATED STATEMENTS OF CASH FLOWS


Year ended December 31, (in thousands)	2024		2023		2022

OPERATING ACTIVITIES:
Net loss	$	(16,524)	$	(5,183)	$	(14,056)
Adjustments to reconcile net income to net cash provided by (used for) operating activities:
Depreciation	26,140		26,749		26,720
Amortization, including accretion and write-off of deferred financing costs	8,852		8,132		8,055
Deferred income taxes	(5,742)		(4,038)		(5,110)
Loss of equity method investee	1,292		522		823
Loss (gain) on sale of fixed assets	257		(860)		(241)
Share-based compensation expense	4,094		3,322		5,942
Excess tax deficiency related to share-based compensation expense	248		230		543





Changes in operating assets and liabilities:
Accounts receivable, net	20,170		(5,854)		(13,161)
Inventories, net	26,904		(31,563)		(20,127)
Prepaid expenses and other assets	877		16,625		(5,159)
Accounts payable	(24,624)		1,090		18,489
Accrued expenses and other liabilities	5,804		(4,226)		4,088
Net cash provided by operating activities	47,748		4,946		6,806

INVESTING ACTIVITIES:
Capital expenditures, including intangibles	(24,303)		(38,498)		(31,609)
Proceeds from sale of fixed assets	385		1,869		158
Proceeds from settlement of net investment hedges	—		—		3,820



Investment in venture capital fund	(550)		(350)		(950)
Net cash used for investing activities	(24,468)		(36,979)		(28,581)

FINANCING ACTIVITIES:
Revolving credit facility borrowings	135,500		117,369		21,562
Revolving credit facility payments	(121,500)		(96,568)		(18,000)
Proceeds from issuance of debt	31,661		35,757		38,940
Repayments of debt	(33,745)		(35,102)		(42,248)
Earn-out consideration cash payment	—		—		(6,276)

Other financing costs	—		(2,251)		(484)
Repurchase of Common Shares to satisfy employee tax withholding	(795)		(1,720)		(791)
Net cash provided by (used for) financing activities	11,121		17,485		(7,297)

Effect of exchange rate changes on cash and cash equivalents	(3,410)		591		(1,677)
Net change in cash and cash equivalents	30,991		(13,957)		(30,749)
Cash and cash equivalents at beginning of period	40,841		54,798		85,547

Cash and cash equivalents at end of period	$	71,832	$	40,841	$	54,798

Supplemental disclosure of cash flow information:
Cash paid for interest	$	15,458	$	13,007	$	7,293
Cash paid for income taxes, net	$	9,255	$	10,302	$	6,178

Regulation G Non-GAAP Financial Measure Reconciliations

Exhibit 1 - Reconciliation of Adjusted EPS


Reconciliation of Q4 2024 Adjusted EPS
(USD in millions, except EPS)	Q4 2024		Q4 2024 EPS
Net Loss	$	(6.1)	$	(0.22)

Add: After-Tax Business Realignment Costs	0.3		0.01


Add: After-Tax Impact of Valuation Allowance	0.8		0.03




Adjusted Net Loss	$	(5.0)	$	(0.18)


Reconciliation of Full-Year 2024 Adjusted EPS
(USD in millions, except EPS)	2024		2024 EPS
Net Loss	$	(16.5)	$	(0.60)

Add: After-Tax Business Realignment Costs	2.5		0.09
Add: After-Tax Environmental Remediation Costs	0.1		0.00

Add: After-Tax Impact of Valuation Allowance	0.8		0.03




Adjusted Net Loss	$	(13.1)	$	(0.47)

Exhibit 2 – Reconciliation of Adjusted EBITDA



(USD in millions)	Q4 2023		2023		Q1 2024		Q2 2024		Q3 2024		Q4 2024		2024
Income (Loss) Before Tax	$	3.2	$	(1.9)	$	(5.6)	$	1.9	$	(3.7)	$	(6.2)	$	(13.6)

Interest expense, net	3.8		13.0		3.6		3.8		3.6		3.4		14.4
Depreciation and amortization	8.4		33.6		8.6		8.5		8.8		8.3		34.3
EBITDA	$	15.5	$	44.7	$	6.6	$	14.2	$	8.8	$	5.5	$	35.1

Add: Pre-Tax Business Realignment Costs	0.1		4.5		—		1.9		0.3		0.4		2.6
Less: Pre-Tax Gain on Disposal of Fixed Assets	—		(0.8)		—		—		—		—		—
Add: Pre-Tax Environmental Remediation Costs	—		0.1		—		—		0.2		—		0.2
Add: Pre-Tax Brazilian Indirect Tax Credits, Net	—		(0.5)		—		—		—		—		—











Adjusted EBITDA	$	15.6	$	48.1	$	6.6	$	16.1	$	9.2	$	6.0	$	37.9

Exhibit 3 – Reconciliation of Adjusted Gross Profit



(USD in millions)	Q4 2023		2023		Q4 2024		2024
Gross Profit	$	45.5	$	201.3	$	42.7	$	189.3

Add: Pre-Tax Business Realignment Costs	0.1		0.8		0.4		0.5




Adjusted Gross Profit	$	45.7	$	202.1	$	43.1	$	189.8

Exhibit 4 - Reconciliation of Adjusted Operating Income (Loss)



(USD in millions)	Q4 2023		2023		Q4 2024		2024
Operating Income (Loss)	$	6.0	$	12.8	$	(4.4)	$	(0.4)

Add: Pre-Tax Business Realignment Costs	0.1		4.5		0.4		2.6
Less: Pre-Tax Gain on Disposal of Fixed Assets	—		(0.8)		—		—
Add: Pre-Tax Environmental Remediation Costs	—		0.1		—		0.2
Add: Pre-Tax Brazilian Indirect Tax Credits, Net	—		(0.5)		—		—











Adjusted Operating Income (Loss)	$	6.2	$	16.2	$	(4.0)	$	2.4

Exhibit 5 – Segment Adjusted Operating Income (Loss)

Reconciliation of Control Devices Adjusted Operating Income (Loss)



(USD in millions)	Q4 2023		2023		Q4 2024		2024
Control Devices Operating Income (Loss)	$	0.9	$	13.6	$	(1.8)	$	6.2

Less: Pre-Tax Gain on Disposal of Fixed Assets	—		(0.8)		—		—
Add: Pre-Tax Environmental Remediation Costs	—		0.1		—		0.2
Add: Pre-Tax Business Realignment Costs	—		0.5		0.2		0.2







Control Devices Adjusted Operating Income (Loss)	$	0.9	$	13.4	$	(1.6)	$	6.6

Reconciliation of Electronics Adjusted Operating Income



(USD in millions)	Q4 2023		2023		Q4 2024		2024
Electronics Operating Income	$	10.8	$	27.3	$	5.1	$	25.6

Add: Pre-Tax Business Realignment Costs	0.1		2.8		0.2		2.3









Electronics Adjusted Operating Income	$	11.0	$	30.2	$	5.3	$	27.9

Reconciliation of Stoneridge Brazil Adjusted Operating Income



(USD in millions)	Q4 2023		2023		Q4 2024		2024
Stoneridge Brazil Operating Income	$	1.0	$	4.5	$	0.1	$	1.0

Add: Pre-Tax Brazilian Indirect Tax Credits, Net	—		(0.5)		—		—









Stoneridge Brazil Adjusted Operating Income	1.0		$	4.0	$	0.1	$	1.0

Exhibit 6 – Reconciliation of Adjusted Sales



(USD in millions)	Q4 2023		2023		Q4 2024		2024
Sales	$	229.5	$	975.8	$	218.2	$	908.3

Less: Sales from Spot Purchases Recoveries	(0.2)		(14.6)		—		—




Adjusted Sales	$	229.4	$	961.2	$	218.2	$	908.3

Exhibit 7 – Reconciliation of Electronics Adjusted Sales



(USD in millions)	Q4 2023		2023		Q4 2024		2024
Electronics Sales	$	146.9	$	608.2	$	149.4	$	594.7

Less: Sales from Spot Purchases Recoveries	(0.2)		(14.6)		—		—









Electronics Adjusted Sales	$	146.8	$	593.6	$	149.4	$	594.7

Exhibit 8 – Reconciliation of Adjusted Tax Rate


Reconciliation of Q4 2024 Adjusted Tax Rate
(USD in millions)	Q4 2024		Tax Rate
Loss Before Tax	$	(6.2)

Add: Pre-Tax Business Realignment Costs	0.4



Adjusted Loss Before Tax	$	(5.7)

Income Tax Benefit	$	(0.1)	1.0	%

Add: Tax Impact from Pre-Tax Adjustments	0.1
Add: After-Tax Impact of Valuation Allowance	(0.8)
Adjusted Income Tax Benefit on Adjusted Loss Before Tax	$	(0.8)	13.5	%


Reconciliation of Full-Year 2024 Adjusted Tax Rate
(USD in millions)	2024		Tax Rate
Loss Before Tax	$	(13.6)

Add: Pre-Tax Business Realignment Costs	2.6

Add: Pre-Tax Environmental Remediation Costs	0.2


Adjusted Loss Before Tax	$	(10.8)

Income Tax Expense	$	2.9	(21.5)	%


Add: Tax Impact from Pre-Tax Adjustments	0.2
Add: After-Tax Impact of Valuation Allowance	(0.8)

Adjusted Income Tax Expense on Adjusted Loss Before Tax	$	2.3	(21.2)	%

Exhibit 9 – Reconciliation of Free Cash Flow



(USD in millions)	2023		2024
Cash Flow from Operating Activities	$	4.9	$	47.7

Capital Expenditures, including Intangibles	(38.5)		(24.3)
Proceeds from Sale of Fixed Assets	1.9		0.4

Free Cash Flow	$	(31.7)	$	23.8

Exhibit 10 – Reconciliation of Compliance Leverage Ratio


Reconciliation of Adjusted EBITDA for Compliance Calculation
(USD in millions)	Q4 2023		Q1 2024		Q2 2024		Q3 2024		Q4 2024
Income (Loss) Before Tax	$	3.2	(5.6)		$	1.9	$	(3.7)	$	(6.2)
Interest Expense, net	3.8		3.6		3.8		3.6		3.4
Depreciation and Amortization	8.4		8.6		8.5		8.8		8.3
EBITDA	$	15.5	$	6.6	$	14.2	$	8.8	$	5.5

Compliance adjustments:
Add: Non-Cash Impairment Charges and Write-offs or Write Downs	0.1		0.1		—		—		0.4
Add: Adjustments from Foreign Currency Impact	(0.7)		2.2		(2.4)		(0.6)		(1.1)
Add: Extraordinary, Non-recurring or Unusual Items	—		—		—		—		—
Add: Cash Restructuring Charges	0.3		1.6		0.5		0.7		0.3
Add: Charges for Transactions, Amendments, and Refinances	0.3		—		—		—		—
Add: Adjustment to Autotech Fund II Investment	(0.1)		0.3		0.1		0.8		0.2
Add: Accrual-based Expenses	5.5		8.2		7.1		1.3		6.4
Less: Cash Payments for Accrual-based Expenses	(3.1)		(3.2)		(3.7)		(3.3)		(2.8)
Adjusted EBITDA (Compliance)	$	17.7	$	15.8	$	15.8	$	7.6	$	8.9

Adjusted TTM EBITDA (Compliance)							$	56.8	$	48.0


Reconciliation of Adjusted Cash for Compliance Calculation
(USD in millions)	Q3 2024		Q4 2024
Total Cash and Cash Equivalents	$	54.1	$	71.8

Less: 35% of Cash in Foreign Locations	(15.1)		(16.5)
Total Adjusted Cash (Compliance)	$	39.0	$	55.3


Reconciliation of Adjusted Debt for Compliance Calculation
(USD in millions)	Q3 2024		Q4 2024
Total Debt	$	196.3	$	201.6


Outstanding Letters of Credit	1.6		1.6
Total Adjusted Debt (Compliance)	$	197.9	$	203.1

Adjusted Net Debt (Compliance)	$	158.9	$	147.9
Compliance Leverage Ratio (Net Debt / TTM EBITDA)	2.79x		3.08x
Compliance Leverage Ratio Maximum Requirement	3.50x		3.50x

stoneridge.com © 2025 Full-Year & Q4 2024 Results 2 Non-GAAP Financial Measures This presentation contains information about the Company’s financial results that is not presented in accordance with accounting principles generally accepted in the United States (“GAAP”). Such non-GAAP financial measures are reconciled to their closest GAAP financial measures at the end of this presentation. The provision of these non-GAAP financial measures for 2024 and 2023 is not intended to indicate that Stoneridge is explicitly or implicitly providing projections on those non-GAAP financial measures, and actual results for such measures are likely to vary from those presented. The reconciliations include all information reasonably available to the Company at the date of this presentation and the adjustments that management can reasonably predict. Management believes the non-GAAP financial measures used in this presentation are useful to both management and investors in their analysis of the Company’s financial position and results of operations. In particular, management believes that adjusted gross profit and margin, adjusted operating income (loss) and margin, adjusted income (loss) before tax, adjusted net income (loss), adjusted earnings (loss) per share, adjusted EBITDA, adjusted EBITDA margin, adjusted tax expense (benefit), adjusted net debt, adjusted debt, adjusted cash and free cash flow are useful measures in assessing the Company’s financial performance by excluding certain items that are not indicative of the Company’s core operating performance or that may obscure trends useful in evaluating the Company’s continuing operating activities. Management also believes that these measures are useful to both management and investors in their analysis of the Company’s results of operations and provide improved comparability between fiscal periods. Adjusted gross profit and margin, adjusted operating income (loss) and margin, adjusted income (loss) before tax, adjusted net income (loss), adjusted earnings (loss) per share, adjusted EBITDA, adjusted EBITDA margin, adjusted tax expense (benefit), adjusted net debt, adjusted debt, adjusted cash and free cash flow should not be considered in isolation or as a substitute for gross profit, operating income (loss), income (loss) before tax, net income (loss), earnings per share, tax expense (benefit), debt, cash and cash equivalents, cash provided by operating activities or other income statement or cash flow statement data prepared in accordance with GAAP. Q4 Reported Q4 Adjusted / Non-GAAP Full-Year Reported Full-Year Adjusted / Non-GAAP -$908.3 million-$218.2 million Sales $189.8 million 20.9% $189.3 million 20.8% $43.1 million 19.7% $42.7 million 19.5% Gross Profit Margin $2.4 million 0.3% $(0.4) million 0.0% $(4.0) million (1.8)% $(4.4) million (2.0)% Operating Income (Loss) Margin $(13.1) million (1.4)% $(16.5) million (1.8)% $(5.0) million (2.3)% $(6.1) million (2.8)% Net Income (Loss) % of sales $(0.47)$(0.60) $(0.18)$(0.22)EPS $37.9 million 4.2% -$6.0 million 2.7% -EBITDA Margin -$47.7 millionNet Cash Provided by Operating Activities $23.8 million-Free Cash Flow

stoneridge.com © 2025 Full-Year & Q4 2024 Results 3 Forward-Looking Statements Statements in this presentation that are not historical facts are forward-looking statements, which involve risks and uncertainties that could cause actual events or results to differ materially from those expressed or implied by these statements. Important factors that may cause actual results to differ materially from those in the forward-looking statements include, among other factors, the ability of our suppliers to supply us parts and components at competitive prices on a timely basis, including the impact of potential tariffs and trade considerations on their operations and output; fluctuations in the cost and availability of key materials (including semiconductors, printed circuit boards, resin, aluminum, steel and copper) and components and our ability to offset cost increases through negotiated price increases with our customers or other cost actions, as necessary; global economic trends, competition and geopolitical risks, including impacts from ongoing or potential conflicts and any related sanctions and other measures, or an escalation of sanctions, tariffs or other trade tensions between the U.S. and other countries; tariffs specifically in countries where we have significant manufacturing or supply chain exposure and our ability to either mitigate the impact or tariffs or pass any incremental costs to our customers; our ability to achieve cost reductions that offset or exceed customer-mandated selling price reductions; the reduced purchases, loss, financial distress or bankruptcy of a major customer or supplier; the costs and timing of business realignment, facility closures or similar actions; a significant change in commercial, automotive, off-highway or agricultural vehicle production; competitive market conditions and resulting effects on sales and pricing; foreign currency fluctuations and our ability to manage those impacts; customer acceptance of new products; our ability to successfully launch/produce products for awarded business; adverse changes in laws, government regulations or market conditions, affecting our products, our suppliers, or our customers’ products; labor disruptions at Stoneridge’s facilities or at any of Stoneridge significant customers or suppliers; the amount of Stoneridge’s indebtedness and the restrictive covenants contained in the agreements governing its indebtedness, including its revolving Credit Facility; capital availability or costs, including changes in interest rates; the occurrence or non-occurrence of circumstances beyond Stoneridge’s control; and the items described in “Risk Factors” and other uncertainties or risks discussed in Stoneridge’s periodic and current reports filed with the Securities and Exchange Commission. Important factors that could cause the performance of the commercial vehicle and automotive industry to differ materially from those in the forward-looking statements include factors such as (1) continued economic instability or poor economic conditions in the United States and global markets, (2) changes in economic conditions, housing prices, foreign currency exchange rates, commodity prices, including shortages of and increases or volatility in the price of oil, (3) changes in laws and regulations, (4) the state of the credit markets, (5) political stability, (6) international conflicts and (7) the occurrence of force majeure events. These factors should not be construed as exhaustive and should be considered with the other cautionary statements in Stoneridge’s filings with the Securities and Exchange Commission. Forward-looking statements are not guarantees of future performance; Stoneridge’s actual results of operations, financial condition and liquidity, and the development of the industry in which Stoneridge operates may differ materially from those described in or suggested by the forward-looking statements contained in this presentation. In addition, even if Stoneridge’s results of operations, financial condition and liquidity, and the development of the industry in which Stoneridge operates are consistent with the forward-looking statements contained in this presentation, those results or developments may not be indicative of results or developments in subsequent periods. This presentation contains time-sensitive information that reflects management’s best analysis only as of the date of this presentation. Any forward-looking statements in this presentation speak only as of the date of this presentation, and Stoneridge undertakes no obligation to update such statements. Comparisons of results for current and any prior periods are not intended to express any future trends or indications of future performance, unless expressed as such, and should only be viewed as historical data Stoneridge does not undertake any obligation to publicly update or revise any forward-looking statement as a result of new information, future events or otherwise, except as otherwise required by law. Rounding Disclosure: There may be slight immaterial differences between figures represented in our public filings compared to what is shown in this presentation. The differences are the result of rounding due to the representation of values in millions rather than thousands in public filings.

stoneridge.com © 2025 Full-Year & Q4 2024 Results • Outperformed weighted-average OEM end markets by 490 basis points* • MirrorEye revenue increased 22% year-over-year driven by new program launches and the continued ramp-up of previously launched programs • SMART 2 Tachograph grew by ~$27 million over 2023 tachograph sales (~83% growth) • Improvement in material, labor and quality-related costs • Material cost improved by 120 basis points in 2024 • Direct labor improved by 30 bps in 2024 • Focus on working capital management, including inventory reductions, resulted in full- year adjusted free cash flow of $24 million, an improvement of $56 million vs. 2023 • Inventory improved by $36.4 million in 2024, including $25.1 million in Q4 2024 2024 Overview of Achievements Sales $908M ~4.9% outperformance of end markets* Full Year 2024 Results 20.9% of YTD Sales $190M Adjusted EBITDA $38M 4.2% of YTD Sales Free Cash Flow Adjusted Gross Margin $24M $56M Y/Y Improvement *Weighted-average based on 2024 revenue by end markets. Production Data Source: Feb 2025 LVP IHS; Q1 2025 MHCV IHS (includes Class 5-8)

5stoneridge.com © 2025 Full-Year & Q4 2024 Results Adjusted Sales Adjusted Gross Profit Adjusted Operating Income Adjusted EBITDA Free Cash Flow Full-year 2023 vs. 2024 Full-Year 2024 Key Drivers • Outperformed our weighted-average OEM end markets by 4.9% (end market decline of (10.4)%* vs. Stoneridge decline of (5.5)%) • Significant decline in European commercial vehicle market (20.4%) and “Domestic 3” passenger car OEMs in North America (4.3%) • Offset by Stoneridge specific drivers including incremental revenue from MirrorEye (22% growth) and Smart 2 tachograph programs (83% growth) • Gross margin was relatively inline with 2023 • Material costs improved by 120 basis points • Direct labor costs improved by 30 basis points • Full-year free cash flow improved by ~$55.5 million vs. 2023 to $23.8 million • Inventory improved by $36.4 million with $25.1 improvement in Q4 Financial Summary $961.2 $908.3 FY 2023 FY 2024 $202.1 $189.8 21.0% 20.9% FY 2023 FY 2024 $16.2 $2.4 1.7% 0.3% FY 2023 FY 2024 $48.1 $37.9 5.0% 4.2% FY 2023 FY 2024 *Weighted-average based on 2024 revenue by end markets. Source: Feb 2025 LVP IHS; Q1 2025 MHCV IHS (includes Class 5-8) 490 basis point sales outperformance vs. market and 150 basis point improvement in material and direct labor costs $(31.7) $23.8 FY 2023 FY 2024

6stoneridge.com © 2025 Full-Year & Q4 2024 Results MirrorEye Update ~50%~40%~17% ~25%<5%~10% ~50% ~35% ~30% (EU) <5% (NA)* ~25% (EU) ~5-10% (NA) ~35%<5%*<5% ~$100MTotal Estimated Revenue Expanding with Existing Programs • Full-year 2024 MirrorEye revenue of $66 million (22% year-over-year growth) • Driven by newly launched OEM programs, partially offset by lower commercial vehicle production volumes primarily in Europe (24.2% reduction vs. 2023) • Expecting 2025 full-year MirrorEye revenue of $120+ million, including OEM program revenue of $100 million (~2X growth vs. 2024) • Targeting MirrorEye OEM revenue to ~triple by 2029 Expanding with New Partnerships • Partnering with the final, primary North American OEM customer (without an official program awarded) to roll out retrofit applications to their customers Expecting significant MirrorEye revenue growth in 2025 and beyond through additional OEM program launches and expanding take-rates Take Rate at Award 2025 Estimated Take Rate Targeted Peak Take RateCustomer *Programs launching in 2025 ~3X Note: 2025 Estimated take-rate is based on customer volumes expectations as a percent of total forecasted class 8 production volumes by customer Awarded OEM Programs

stoneridge.com © 2025 Full-Year & Q4 2024 Results Connected Trailer Suite of Products Launching in 2025 Connected Trailer Opportunities • Enabled by our proprietary technology enabling the industry first hard-wired connection between the tractor and the trailer through secondary display • Utilizing the traditional tractor / trailer wiring harness, we have developed a suite of trailer products enabling a safer and more connected trailer • Commercial launch of connected trailer suite of products in 2025 • Backup camera with integrated lighting • Providing data within the cab on the trailer’s braking system, lights and tires • Additional capabilities in development with key fleet partners • Side view camera applications • Interior trailer view cargo-monitoring cameras • Cargo volume and object detection • Cargo temperature and humidity sensing • Door ajar sensing and door lock actuation 7

9stoneridge.com © 2025 Full-Year & Q4 2024 Results $6.0 $3.1 $2.1 $11.1 2024 Q4 Adj. EBITDA Reported Manufacturing Performance & Quality and Inventory Costs Engineering Costs 2024 Q4 Adj. EBITDA Implied Q4 adjusted EBITDA reflects one-time quality-related items and incremental engineering costs Q4 Performance Drivers • Fourth quarter sales of $218.2 million were relatively in line with prior expectations • Q4 adjusted EBITDA of $6.0 million, or 2.7% of sales • Elevated warranty and other quality-related costs recognized in Q4 partially offset by improved manufacturing performance – issues have been contained • Wind-down of existing program faster than expected created excess inventory charge in Q4 – expecting reimbursement from customer in 2025 • Higher engineering costs driven by design-related tooling changes due to supplier change, as well as timing of customer funding recognition – expecting to recognize a portion of customer funding in 2025 $’s in USD Millions Q4 Adjusted EBITDA Drivers vs. Expectations 2.7%

10stoneridge.com © 2025 Full-Year & Q4 2024 Results Sales Adjusted Operating Income Control Devices Performance 2023 vs 2024 2024 Financial Results • Full-year sales declined by ~(14)% vs. 2023 primarily due to lower production volumes for our North American passenger vehicle customers as well as the impact end-of-life programs • Largest impact coming from “Domestic 3” customers which declined (4.3)% year-over-year, outpacing North American end market decline • Material cost improved by 250 basis points vs. 2023 • Quality related costs declined by $2.1 million vs. 2023 2025 Expectations • Expecting sales to decline in 2025, however less than 2024, driven primarily by lower production volume expectations and end-of-life programs • Focus remains on material cost reduction and improved manufacturing performance to drive stable margins despite revenue decline Continued focus on material cost improvements led to 250 bps of operating margin improvement in 2024 $’s in USD Millions $345.3 $296.3 2023 2024 $13.4 $6.6 3.9% 2.2% 2023 2024

11stoneridge.com © 2025 Full-Year & Q4 2024 Results Electronics Performance 2024 Financial Results • 2024 Sales outperformed weighted-average OEM end markets by 16.3%* driven by growth in MirrorEye and SMART 2 • Material cost improved by 110 basis points vs. 2023 • Direct labor declined by 40 basis points vs. 2023 • Quality-related costs increased by $1.2m vs. 2023 – focus remains on reducing quality related costs • One-time costs related to distressed suppliers of $3.2 million incurred during 2024 2025 Expectations • Revenue growth in 2025 primarily driven by the annualization and launch of MirrorEye OEM programs, partially offset by expected end-of-life programs • Continued focus on material cost improvement activities and manufacturing efficiency • Re-designed engineering organization focused on built-in quality and rapid response / mitigation of quality related issues Expecting revenue growth and margin expansion in 2025 driven by continued growth in MirrorEye programs Sales** Adjusted Operating Income 2023 vs 2024$’s in USD Millions $593.6 $594.7 2023 2024 **2023 sales were adjusted for spot purchase recoveries. Refer to US GAAP Reconciliations for reconciliations to US GAAP amounts. $30.2 $27.9 5.1% 4.7% 2023 2024 *Weighted-average based on Electronics 2024 revenue by end markets. Source: Feb 2025 LVP IHS; Q1 2025 MHCV IHS (includes Class 5-8)

12stoneridge.com © 2025 Full-Year & Q4 2024 Results Stoneridge Brazil Performance 2024 Financial Results • Excluding the unfavorable foreign currency translation impact of $(3.8) million, full-year 2024 sales declined by $3.3 million, or 5.8%, vs. 2023 • Full-year 2024 adjusted operating income declined by ~500 bps vs. 2023 primarily due to reduced fixed cost leverage on lower sales partially offset by lower SG&A costs 2025 Expectations • Expecting revenue growth and margin expansion in 2025 • Focus remains on growth in local OEM business to support global customers and utilizing engineering resources to support global Electronics business Expecting revenue growth and margin expansion in 2025. Focus remains on growth in local OEM business and engineering capabilities to support global business. Sales Adjusted Operating Income 2023 vs 2024$’s in USD Millions $57.2 $50.1 2023 2024 $4.0 $1.0 7.0% 2.0% 2023 2024

13stoneridge.com © 2025 Full-Year & Q4 2024 Results $187.8 $151.3 $126 2023 2024 2025 Target Capital Structure Update Significant improvement in cash performance in 2024 – expecting similar performance in 2025 Amended credit facility creates ample liquidity for 2025 2.0x - 2.5xCompliance Leverage Ratio (Adj. Net Debt / TTM EBITDA*) $’s in USD Millions 2.79x 3.08x Capital Structure Update • Full-year free cash flow improved by $55.5 million vs. 2023 • Inventory improved by $36.4 million in 2024 • Q4 reduction of $25.1 million • Amended our credit facility with 100% approval by existing bank group • Net debt leverage ratio and interest coverage ratios were adjusted for Q4 2024 to Q3 2025 to provide ample access to capital and liquidity • Targeting compliance leverage ratio of 2.0x - 2.5x by the end of 2025 • Compliance leverage ratio based on compliance EBITDA which differs from reported EBITDA based on terms and conditions of credit facility Compliance Net Debt Ending Inventory Balances Free Cash Flow $39.0 $55.3 $158.9 $147.9 Q3 2024 Q4 24 2025 Target Total Adjusted Cash (Compliance) Total Net Debt (Compliance) +$55.5M$36.4M ~$25M Note: Compliance Net Debt Leverage Ratio Maximum requirement of 3.50 for Q3 2024, Q4 2024 and at the end of 2025 *Compliance Leverage Ratio calculation includes adjustments in accordance with the Revolving Credit Facility agreement. Q3 and Q4 as presented reflects the updated compliance calculation method permissible under the terms of the existing credit facility, versus previously reported, for comparison purposes. Refer to Reconciliations to US GAAP for reconciliations. $(31.7) $23.8 $25 FY 2023 FY 2024 2025 Target

14stoneridge.com © 2025 Full-Year & Q4 2024 Results 2025 Full-Year Guidance 2025 Guidance Range 2025 Mid-point Guidance (vs. 2024 Adjusted) $(33.3) million$860 million - $890 million Sales +135 bps $189 million - $200 million 22.0% - 22.5% Gross Profit Margin +70 bps $6.5 million - $11.1 million 0.75% - 1.25% Operating Income Margin +$2.1 million +40 bps $38 million - $42 million 4.4% - 4.7% EBITDA Margin +$3.7 million$25 million - $30 millionFree Cash Flow 1 2025 Full-Year Guidance • Midpoint sales of $875 million • OEM volumes expected to decline by (3.8)% • Significant MirrorEye growth • Midpoint gross margin improvement of 135 bps • Continued improvement in material, manufacturing and structural costs • Significant improvement in quality-related costs • Midpoint operating margin improvement of 70 bps • Gross margin improvement partially offset by normalized incentive compensation – otherwise ~flat operating costs • Midpoint EBITDA improvement of $2.1 million and 40 bps • Free cash flow of $25 million - $30 million • Continued inventory improvement of $25 million

15stoneridge.com © 2025 Full-Year & Q4 2024 Results 2024 Revenue Reported Price, FX & Volume End of Life Programs Incremental MirrorEye Revenue Other 2025 Revenue Guidance 2025 Guidance Detail Revenue & EBITDA 2025 Revenue Guidance Drivers • 2025 market expectations aligned with current customer forecasts and market conditions - lower expectations than IHS production forecasts • We expect OEM volumes to decline by (3.8)% vs. IHS weighted-average OEM end market increase of 0.2%* • MirrorEye expected to generate revenue growth of ~$54 million+ ($120 million+ total revenue expected in 2025) 2025 EBITDA Guidance Drivers • Historical contribution margin of 25% - 30% • Normalization of incentive compensation programs significantly reduced in 2024 • One-time 2024 quality-related costs not expected to recur • One-time 2024 supplier-related costs not expected to recur • Material cost improvement expected to drive approximately 50 bps improvement (120 bps improvement in 2024) • Continued focus on operating and structural cost improvement expected to reduce run-rate expenses $47M - $52M 2025 Revenue Guidance Walk 2025 EBITDA Guidance Walk $38M - $42M $908M $860M - $890M ($9M) ($41M) ($37M) $54M 2024 Adj EBITDA Reported Contribution Margin on Decremental Sales Normalized Incentive Compensation Quality-related Cost Improvements 2024 One-time Distressed Supplier Costs Material Cost Improvement Operating & Structural Cost Improvement 2025 EBITDA Guidance $38M 4.2% 4.4%-4.7% ($9M) ($7M) $5M $4M $4M $5M *Weighted-average based on 2024 revenue by end market. Source: Feb 2025 LVP IHS; Q1 2025 MHCV IHS (includes Class 5-8)

16stoneridge.com © 2025 Full-Year & Q4 2024 Results 2025 EBITDA Guidance Midpoint Contribution Margin 2026 EBITDA Target 2029 EBITDA Target 2025 Revenue Guidance Market Expectation MirrorEye OEM 2026 Revenue Target 2029 Revenue Target Long-Term EBITDA Targets Revenue Growth • IHS weighted-average OEM end market growth* of 7.4% in 2026 • OEM MirrorEye expansion driven by take-rate expansion and the ramp-up of new program launches • Ability to outperform 2026 target with aftermarket and off-highway growth, connected trailer opportunities and Control Devices content and market growth opportunities • Strong long-term growth supported by $3.37 billion 5-Year backlog** EBITDA Expansion • Contribution margin on incremental revenue expected to be 25% - 30% • Ability to outperform 2026 and 2029 targets with performance improvements driven by continued focus on material cost reduction, manufacturing efficiency and reduced quality-related costs Long-Term Targets *Weighted-average based on 2024 revenue by end market. Source: Feb 2025 LVP IHS; Q1 2025 MHCV IHS (includes Class 5-8) **5-year backlog as of December 31, 2024 based on January 2025 IHS LVP and Q4 2024 IHS MHCV; company data, customer provided data and management estimates ***5-year CAGR is based on 2024 actuals and 2029 targets Long-Term Revenue Targets Based on OEM weighted avg market growth of ~7.4% $860M-$890M $975M+ $1.3B-$1.45B 7.4% - 9.8% 5-year CAGR*** +810 – 960 bps vs. 2024 MirrorEye OEM Aftermarket / Off-highway / Connected Trailer Control Devices Content & Market Growth ~12.3-13.8% ~7.2% $38M-$42M $70M+ $160M-$200M+ ~4.4% - 4.7% Contribution margin based on historical ~27.5% ~$53M $50M+ ~$28M 7.2%+

17stoneridge.com © 2025 Full-Year & Q4 2024 Results Summary • Outperformed weighted average OEM end markets by 490 basis points driven by 22% growth in MirrorEye and 83% growth in SMART 2 tachograph • $23.8 million of free cash flow in 2024 driven by inventory reduction of $36.4 million • Focus on material cost improvement drove 120 basis point improvement • Focus on operational performance resulted in 30 basis point improvement in direct labor • Strong portfolio of technologies and systems driving growth throughout the business • 2026 targeted revenue of at least $975 million dollars (at least 11% growth from 2025) • 2029 targeted revenue of $1.3 billion - $1.45 billion (7.4% - 9.8% 5-Year CAGR) • Continued focus on material cost improvement, operational efficiency and reduced quality related costs • 2026 targeted EBITDA of at least $70 million dollars (7.2% of revenue) • 2029 targeted EBITDA of $160 million - $200 million dollars (12.3% - 13.8% of revenue) 2024 Summary Driving Long-Term Shareholder Value

stoneridge.com © 2025 Appendix 19 Balance Sheets 20232024December 31, (in thousands) ASSETS Current assets: $ 40,841$ 71,832Cash and cash equivalents 166,545137,766Accounts receivable, less reserves of $1,060 and $1,058, respectively 187,758151,337Inventories, net 34,24626,579Prepaid expenses and other current assets 429,390387,514Total current assets Long-term assets: 110,12697,667Property, plant and equipment, net 47,31439,677Intangible assets, net 35,29533,085Goodwill 10,79510,050Operating lease right-of-use asset 46,98053,563Investments and other long-term assets, net 250,510234,042Total long-term assets $ 679,900$ 621,556Total assets LIABILITIES AND SHAREHOLDERS' EQUITY Current liabilities: $ 2,113$ —Current portion of debt 111,92583,478Accounts payable 64,20366,494Accrued expenses and other current liabilities 178,241149,972Total current liabilities Long-term liabilities: 189,346201,577Revolving credit facility 7,2245,321Deferred income taxes 7,6846,484Operating lease long-term liability 9,68812,942Other long-term liabilities 213,942226,324Total long-term liabilities Shareholders' equity: ——Preferred Shares, without par value, 5,000 shares authorized, none issued ——Common Shares, without par value, 60,000 shares authorized, 28,966 and 28,966 shares issued and 27,695 and 27,549 shares outstanding at December 31, 2024 and December 31, 2023, respectively, with no stated value 227,340225,712Additional paid-in capital (43,344)(38,424)Common Shares held in treasury, 1,271 and 1,417 shares at December 31, 2024 and December 31, 2023, respectively, at cost 196,509179,985Retained earnings (92,788)(122,013)Accumulated other comprehensive loss 287,717245,260Total shareholders' equity $ 679,900$ 621,556Total liabilities and shareholders' equity

stoneridge.com © 2025 Appendix 20 Income Statement 202220232024 Year ended December 31, (in thousands, except per share data) $ 899,923$ 975,818$ 908,295Net sales Costs and expenses: 724,997774,512719,042Cost of goods sold 106,695117,395117,460Selling, general and administrative ———Gain on sale of Canton Facility, net ———Gain on disposal of Non-core Product, net 65,29671,07572,174Design and development 2,93512,836(381)Operating (loss) income 7,09713,00014,447Interest expense, net 8235221,292Equity in loss of investee 5,7111,236(2,523)Other (income) expense, net (10,696)(1,922)(13,597)Loss before income taxes 3,3603,2612,927Provision for income taxes $ (14,056)$ (5,183)$ (16,524)Net loss Loss per share: $ (0.52)$ (0.19)$ (0.60)Basic $ (0.52)$ (0.19)$ (0.60)Diluted Weighted-average shares outstanding: 27,25827,44327,596Basic 27,25827,44327,596Diluted

stoneridge.com © 2025 Appendix 21 Statements of Cash Flows 202220232024Year ended December 31, (in thousands) OPERATING ACTIVITIES: $ (14,056)$ (5,183)$ (16,524)Net loss Adjustments to reconcile net income to net cash provided by (used for) operating activities: 26,72026,74926,140Depreciation 8,0558,1328,852Amortization, including accretion and write-off of deferred financing costs (5,110)(4,038)(5,742)Deferred income taxes 8235221,292Loss of equity method investee (241)(860)257Loss (gain) on sale of fixed assets 5,9423,3224,094Share-based compensation expense 543230248Excess tax deficiency related to share-based compensation expense Changes in operating assets and liabilities: (13,161)(5,854)20,170Accounts receivable, net (20,127)(31,563)26,904Inventories, net (5,159)16,625877Prepaid expenses and other assets 18,4891,090(24,624)Accounts payable 4,088(4,226)5,804Accrued expenses and other liabilities 6,8064,94647,748Net cash provided by operating activities INVESTING ACTIVITIES: (31,609)(38,498)(24,303)Capital expenditures, including intangibles 1581,869385Proceeds from sale of fixed assets 3,820——Proceeds from settlement of net investment hedges (950)(350)(550)Investment in venture capital fund (28,581)(36,979)(24,468)Net cash used for investing activities FINANCING ACTIVITIES: 21,562117,369135,500Revolving credit facility borrowings (18,000)(96,568)(121,500)Revolving credit facility payments 38,94035,75731,661Proceeds from issuance of debt (42,248)(35,102)(33,745)Repayments of debt (6,276)——Earn-out consideration cash payment (484)(2,251)—Other financing costs (791)(1,720)(795)Repurchase of Common Shares to satisfy employee tax withholding (7,297)17,48511,121Net cash provided by (used for) financing activities (1,677)591(3,410)Effect of exchange rate changes on cash and cash equivalents (30,749)(13,957)30,991Net change in cash and cash equivalents 85,54754,79840,841Cash and cash equivalents at beginning of period $ 54,798$ 40,841$ 71,832Cash and cash equivalents at end of period Supplemental disclosure of cash flow information: $ 7,293$ 13,007$ 15,458Cash paid for interest $ 6,178$ 10,302$ 9,255Cash paid for income taxes, net

stoneridge.com © 2025 Appendix 22 Segment Reporting (A) Unallocated Corporate expenses include, among other items, accounting/finance, human resources, information technology and legal costs as well as share-based compensation. 202220232024December 31, Net Sales: $ 342,596$ 342,065$ 292,606Control Devices 2,7193,1953,677Inter-segment sales 345,315345,260296,283Control Devices net sales 505,097576,539566,040Electronics 28,70931,62128,664Inter-segment sales 533,806608,160594,704Electronics net sales 52,23057,21449,649Stoneridge Brazil 3213477Inter-segment sales 52,26257,22750,126Stoneridge Brazil net sales (31,460)(34,829)(32,818)Eliminations $ 899,923$ 975,818$ 908,295Total net sales Cost of Goods Sold: $ 279,605$ 285,303$ 243,784Control Devices 414,550456,403445,537Electronics 30,90932,63029,745Stoneridge Brazil (67)176(24)Unallocated Corporate (A) $ 724,997$ 774,512$ 719,042Total cost of goods sold Design and Development: $ 20,654$ 21,848$ 20,044Control Devices 39,65143,02745,560Electronics 2,6343,0613,113Stoneridge Brazil 2,3573,1393,457Unallocated Corporate (A) $ 65,296$ 71,075$ 72,174Total design and development Other Segment Costs: $ 18,419$ 21,332$ 22,600Control Devices 45,76949,79949,382Electronics 15,53717,06815,809Stoneridge Brazil 26,97029,19629,669Unallocated Corporate (A) $ 106,695$ 117,395$ 117,460Total other segment costs

stoneridge.com © 2025 Appendix 23 Segment Reporting 202220232024December 31, Operating (Loss) Income: $ 23,917$ 13,582$ 6,178Control Devices 5,12827,30925,561Electronics 3,1504,454982Stoneridge Brazil (29,260)(32,509)(33,102)Unallocated Corporate (A) $ 2,935$ 12,836$ (381)Total operating (loss) income Depreciation and Amortization: $ 13,521$ 12,414$ 11,686Control Devices 13,91314,03515,814Electronics 3,9394,8014,753Stoneridge Brazil 2,3182,3882,013Unallocated Corporate(C) $ 33,691$ 33,638$ 34,266Total depreciation and amortization (B) Interest Expense (Income), net: $ 93$ 149$ (4)Control Devices 1,0091,7711,498Electronics (1,282)(1,693)(982)Stoneridge Brazil 7,27712,77313,935Unallocated Corporate $ 7,097$ 13,000$ 14,447Total interest expense, net Capital Expenditures: $ 12,620$ 9,230$ 6,544Control Devices 10,47918,3139,005Electronics 3,4803,0542,705Stoneridge Brazil 6531,2291,338Unallocated Corporate(C) $ 27,232$ 31,826$ 19,592Total capital expenditures (A) Unallocated Corporate expenses include, among other items, accounting/finance, human resources, information technology and legal costs as well as share-based compensation. (B) These amounts represent depreciation and amortization on a property, plant and equipment and certain intangible assets. (C) Assets located at Corporate consist primarily of cash, intercompany receivables, fixed and leased assets for the headquarter building, information technology assets, equity investments and investments in subsidiaries

stoneridge.com © 2025 US GAAP Reconciliations US GAAP Reconciliations 25 This document contains information about Stoneridge's financial results which is not presented in accordance with accounting principles generally accepted in the United States ("GAAP"). Such non-GAAP financial measures are reconciled to their closest GAAP financial measures in the appendix of this document. The provision of these non-GAAP financial measures is not intended to indicate that Stoneridge is explicitly or implicitly providing projections on those non- GAAP financial measures, and actual results for such measures are likely to vary from those presented. The reconciliations include all information reasonably available to the Company at the date of this document and the adjustments that management can reasonably predict.

stoneridge.com © 2025 US GAAP Reconciliations 26 US GAAP Reconciliations Reconciliation of Full-Year 2024 Adjusted EPS 2024 EPS2024(USD in millions, except EPS) $ (0.60)$ (16.5)Net Loss 0.092.5Add: After-Tax Business Realignment Costs 0.000.1Add: After-Tax Environmental Remediation Costs 0.030.8Add: After-Tax Impact of Valuation Allowance $ (0.47)$ (13.1)Adjusted Net Loss Reconciliation of Q4 2024 Adjusted EPS Q4 2024 EPSQ4 2024(USD in millions, except EPS) $ (0.22)$ (6.1)Net Loss 0.010.3Add: After-Tax Business Realignment Costs 0.030.8Add: After-Tax Impact of Valuation Allowance $ (0.18)$ (5.0)Adjusted Net Loss

stoneridge.com © 2025 US GAAP Reconciliations 27 US GAAP Reconciliations Reconciliation of Adjusted Gross Profit 2024Q4 20242023Q4 2023(USD in millions) $ 189.3$ 42.7$ 201.3$ 45.5Gross Profit 0.50.40.80.1Add: Pre-Tax Business Realignment Costs $ 189.8$ 43.1$ 202.1$ 45.7Adjusted Gross Profit

stoneridge.com © 2025 US GAAP Reconciliations 28 US GAAP Reconciliations Reconciliation of Adjusted Operating Income (Loss) 2024Q4 20242023Q4 2023(USD in millions) $ (0.4)$ (4.4)$ 12.8$ 6.0Operating Income (Loss) 2.60.44.50.1Add: Pre-Tax Business Realignment Costs ——(0.8)—Less: Pre-Tax Gain on Disposal of Fixed Assets 0.2—0.1—Add: Pre-Tax Environmental Remediation Costs ——(0.5)—Add: Pre-Tax Brazilian Indirect Tax Credits, Net $ 2.4$ (4.0)$ 16.2$ 6.2Adjusted Operating Income (Loss)

stoneridge.com © 2025 US GAAP Reconciliations 29 US GAAP Reconciliations Reconciliation of Adjusted EBITDA 2024Q4 2024Q3 2024Q2 2024Q1 20242023Q4 2023(USD in millions) $ (13.6)$ (6.2)$ (3.7)$ 1.9$ (5.6)$ (1.9)$ 3.2Income (Loss) Before Tax 14.43.43.63.83.613.03.8Interest expense, net 34.38.38.88.58.633.68.4Depreciation and amortization $ 35.1$ 5.5$ 8.8$ 14.2$ 6.6$ 44.7$ 15.5EBITDA 2.60.40.31.9—4.50.1Add: Pre-Tax Business Realignment Costs —————(0.8)—Less: Pre-Tax Gain on Disposal of Fixed Assets 0.2—0.2——0.1—Add: Pre-Tax Environmental Remediation Costs —————(0.5)—Add: Pre-Tax Brazilian Indirect Tax Credits, Net $ 37.9$ 6.0$ 9.2$ 16.1$ 6.6$ 48.1$ 15.6Adjusted EBITDA

stoneridge.com © 2025 US GAAP Reconciliations 30 US GAAP Reconciliations Reconciliation of Electronics Adjusted Operating Income 2024Q4 20242023Q4 2023(USD in millions) $ 25.6$ 5.1$ 27.3$ 10.8Electronics Operating Income 2.30.22.80.1Add: Pre-Tax Business Realignment Costs $ 27.9$ 5.3$ 30.2$ 11.0Electronics Adjusted Operating Income Reconciliation of Control Devices Adjusted Operating Income (Loss) 2024Q4 20242023Q4 2023(USD in millions) $ 6.2$ (1.8)$ 13.6$ 0.9Control Devices Operating Income (Loss) ——(0.8)—Less: Pre-Tax Gain on Disposal of Fixed Assets 0.2—0.1—Add: Pre-Tax Environmental Remediation Costs 0.20.20.5—Add: Pre-Tax Business Realignment Costs $ 6.6$ (1.6)$ 13.4$ 0.9Control Devices Adjusted Operating Income (Loss)

stoneridge.com © 2025 US GAAP Reconciliations 31 US GAAP Reconciliations Reconciliation of Stoneridge Brazil Adjusted Operating Income 2024Q4 20242023Q4 2023(USD in millions) $ 1.0$ 0.1$ 4.5$ 1.0Stoneridge Brazil Operating Income ——(0.5)—Add: Pre-Tax Brazilian Indirect Tax Credits, Net $ 1.0$ 0.1$ 4.0$ 1.0Stoneridge Brazil Adjusted Operating Income

stoneridge.com © 2025 US GAAP Reconciliations 32 US GAAP Reconciliations Reconciliation of Adjusted Sales 2024Q4 20242023Q4 2023(USD in millions) $ 908.3$ 218.2$ 975.8$ 229.5Sales ——(14.6)(0.2)Less: Sales from Spot Purchases Recoveries $ 908.3$ 218.2$ 961.2$ 229.4Adjusted Sales Reconciliation of Electronics Adjusted Sales 2024Q4 20242023Q4 2023(USD in millions) $ 594.7$ 149.4$ 608.2$ 146.9Electronics Sales ——(14.6)(0.2)Less: Sales from Spot Purchases Recoveries $ 594.7$ 149.4$ 593.6$ 146.8Electronics Adjusted Sales

stoneridge.com © 2025 US GAAP Reconciliations 33 US GAAP Reconciliations Reconciliation of Q4 2024 Adjusted Tax Rate Tax RateQ4 2024(USD in millions) $ (6.2)Loss Before Tax 0.4Add: Pre-Tax Business Realignment Costs $ (5.7)Adjusted Loss Before Tax 1.0 %$ (0.1)Income Tax Benefit 0.1Add: Tax Impact from Pre-Tax Adjustments (0.8)Add: After-Tax Impact of Valuation Allowance 13.5 %$ (0.8)Adjusted Income Tax Benefit on Adjusted Loss Before Tax

stoneridge.com © 2025 US GAAP Reconciliations 34 US GAAP Reconciliations Reconciliation of Full-Year 2024 Adjusted Tax Rate Tax Rate2024(USD in millions) $ (13.6)Loss Before Tax 2.6Add: Pre-Tax Business Realignment Costs 0.2Add: Pre-Tax Environmental Remediation Costs $ (10.8)Adjusted Loss Before Tax (21.5)%$ 2.9Income Tax Expense 0.2Add: Tax Impact from Pre-Tax Adjustments (0.8)Add: After-Tax Impact of Valuation Allowance (21.2)%$ 2.3Adjusted Income Tax Expense on Adjusted Loss Before Tax

stoneridge.com © 2025 US GAAP Reconciliations 35 US GAAP Reconciliations Reconciliation of Free Cash Flow 20242023(USD in millions) $ 47.7$ 4.9Cash Flow from Operating Activities (24.3)(38.5)Capital Expenditures, including Intangibles 0.41.9Proceeds from Sale of Fixed Assets $ 23.8$ (31.7)Free Cash Flow

stoneridge.com © 2025 US GAAP Reconciliations 36 US GAAP Reconciliations Reconciliation of Adjusted EBITDA for Compliance Calculation Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023(USD in millions) $ (6.2)$ (3.7)$ 1.9(5.6)$ 3.2Income (Loss) Before Tax 3.43.63.83.63.8Interest Expense, net 8.38.88.58.68.4Depreciation and Amortization $ 5.5$ 8.8$ 14.2$ 6.6$ 15.5EBITDA Compliance adjustments: 0.4——0.10.1Add: Non-Cash Impairment Charges and Write-offs or Write Downs (1.1)(0.6)(2.4)2.2(0.7)Add: Adjustments from Foreign Currency Impact —————Add: Extraordinary, Non-recurring or Unusual Items 0.30.70.51.60.3Add: Cash Restructuring Charges ————0.3Add: Charges for Transactions, Amendments, and Refinances 0.20.80.10.3(0.1)Add: Adjustment to Autotech Fund II Investment 6.41.37.18.25.5Add: Accrual-based Expenses (2.8)(3.3)(3.7)(3.2)(3.1)Less: Cash Payments for Accrual-based Expenses $ 8.9$ 7.6$ 15.8$ 15.8$ 17.7Adjusted EBITDA (Compliance) $ 48.0$ 56.8Adjusted TTM EBITDA (Compliance)

stoneridge.com © 2025 US GAAP Reconciliations 37 US GAAP Reconciliations Reconciliation of Adjusted Cash for Compliance Calculation Q4 2024Q3 2024(USD in millions) $ 71.8$ 54.1Total Cash and Cash Equivalents (16.5)(15.1)Less: 35% of Cash in Foreign Locations $ 55.3$ 39.0Total Adjusted Cash (Compliance) Reconciliation of Adjusted Debt for Compliance Calculation Q4 2024Q3 2024(USD in millions) $ 201.6$ 196.3Total Debt 1.61.6Outstanding Letters of Credit $ 203.1$ 197.9Total Adjusted Debt (Compliance) $ 147.9$ 158.9Adjusted Net Debt (Compliance) 3.08x2.79xCompliance Leverage Ratio (Net Debt / TTM EBITDA) 3.50x3.50xCompliance Leverage Ratio Maximum Requirement

Cover	Feb. 26, 2025
Cover [Abstract]
Document Type	8-K
Document Period End Date	Feb. 26, 2025
Entity Registrant Name	STONERIDGE, INC.
Entity Incorporation, State or Country Code	OH
Entity File Number	001-13337
Entity Tax Identification Number	34-1598949
Entity Address, Address Line One	39675 MacKenzie Drive
Entity Address, Address Line Two	Suite 400
Entity Address, City or Town	Novi
Entity Address, State or Province	MI
Entity Address, Postal Zip Code	48377
City Area Code	248
Local Phone Number	489-9300
Written Communications	false
Soliciting Material	false
Pre-commencement Tender Offer	false
Pre-commencement Issuer Tender Offer	false
Title of 12(b) Security	Common Shares, without par value
Trading Symbol	SRI
Security Exchange Name	NYSE
Entity Emerging Growth Company	false
Entity Central Index Key	0001043337
Amendment Flag	false

Stoneridge (NYSE:SRI)
과거 데이터 주식 차트
부터 1월(1) 2025 으로 2월(2) 2025

Stoneridge (NYSE:SRI)
과거 데이터 주식 차트
부터 2월(2) 2024 으로 2월(2) 2025

시장 데이터

뉴스

도구

시장

팔로우

Hot Features

피드 팔로우

실시간 옵션 플로우

모니터

SRI Stoneridge Inc

Stoneridge Inc News

최근 히스토리

회사 소개

사업

Popular

앱 받기