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Altra Industrial Motion

OverviewSuggest Edit

Altra Industrial Motion is a designer, producer, and marketer of motion control and power transmission solutions. Its product offering includes clutches and brakes, precision motors, automation solutions, linear systems, engineered gear drives, and various mechanical and electrical components. The company provides its products under a variety of brands including:

  • Ameridrives,
  • Bauer Gear Motor,
  • Bibby Turboflex,
  • Boston Gear,
  • Delroyd Worm Gear,
  • Formsprag Clutch,
  • Guardian Couplings,
  • Huco,
  • Industrial Clutch,
  • Inertia Dynamics,
  • Jacobs Vehicle Systems,
  • Kilian,
  • Kollmorgen,
  • Lamiflex Couplings,
  • Marland Clutch,
  • Matrix,
  • Nuttall Gear,
  • Portescap,
  • Stieber,
  • Stromag,
  • Svendborg Brakes,
  • Thomson,
  • TB Wood's,
  • Twiflex,
  • Warner Electric,
  • Warner Linear,
  • Wichita Clutch.
TypePublic
Founded2004
HQBraintree, MA, USMap
Websitealtramotion.com
Employee Ratings3.6More
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Latest Updates

Employees (est.) (Dec 2019)9,200(-1%)
Revenue (FY, 2019)$1.8 B(+57%)
Share Price (Feb 2021)$59.3 (+6%)
Cybersecurity ratingCMore

Key People/Management at Altra Industrial Motion

Carl R. Christenson

Carl R. Christenson

Chairman and Chief Executive Officer
Christian Storch

Christian Storch

УчусгешмуVice President and Chief Financial Officer
Glenn E. Deegan

Glenn E. Deegan

Executive Vice President, Legal & HR, General Counsel and Secretary
Todd B. Patriacca

Todd B. Patriacca

Vice President of Finance, Corporate Controller and Treasurer
Craig Schuele

Craig Schuele

Executive Vice President, Marketing & Business Development
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Altra Industrial Motion Office Locations

Altra Industrial Motion has offices in Braintree, Jardim da Gloria and Boksburg
Braintree, MA, US (HQ)
300 Granite St #201
Jardim da Gloria, BR
2970 Av. João Paulo Ablas
Boksburg, ZA
Unit 11 Middle Park, Cnr Craig &, Dormehl St
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Altra Industrial Motion Financials and Metrics

Altra Industrial Motion Revenue

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Altra Industrial Motion's revenue was reported to be $1.83 b in FY, 2019
USD

Revenue (Q3, 2020)

437.8m

Gross profit (Q3, 2020)

164.1m

Gross profit margin (Q3, 2020), %

37.5%

Net income (Q3, 2020)

38.3m

Market capitalization (8-Feb-2021)

3.8b

Closing stock price (8-Feb-2021)

59.3

Cash (30-Sept-2020)

238.7m

EV

5.1b
Altra Industrial Motion's current market capitalization is $3.8 b.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

674.8m732.0m722.2m819.8m746.7m708.9m876.7m1.2b1.8b

Revenue growth, %

14%(9%)(5%)

Cost of goods sold

478.4m513.4m506.8m570.9m518.2m486.8m601.0m799.2m1.2b

Gross profit

196.4m218.5m215.4m248.9m228.5m222.1m275.8m376.1m656.3m
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

165.4m177.9m192.4m187.9m174.5m185.2m181.1m175.4m210.1m215.2m202.5m193.4m196.6m183.1m180.5m182.7m173.1m215.4m223.4m214.6m240.4m237.3m228.5m482.8m466.5m442.9m434.2m400.8m437.8m

Cost of goods sold

117.0m124.8m135.7m131.9m122.5m129.7m126.7m121.8m148.3m148.7m140.2m134.9m136.6m127.3m125.8m124.5m119.0m149.3m151.2m145.6m166.2m159.1m156.5m307.9m299.5m285.9m281.2m257.4m273.7m

Gross profit

48.4m53.0m56.7m56.0m52.0m55.5m54.4m53.7m61.8m66.5m62.3m58.5m60.0m55.8m54.6m58.2m54.2m66.2m72.1m69.0m74.2m78.3m71.9m174.9m167.0m157.0m153.0m143.4m164.1m

Gross profit Margin, %

29%30%29%30%30%30%30%31%29%31%31%30%31%30%30%32%31%31%32%32%31%33%31%36%36%35%35%36%37%
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Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

92.5m85.2m63.6m47.5m50.3m69.1m52.0m169.0m167.3m

Accounts Receivable

91.9m92.9m109.1m106.5m94.7m15.7m135.5m259.8m243.2m

Prepaid Expenses

7.1m17.3m33.1m29.1m

Inventories

126.0m123.8m143.7m132.7m121.2m139.8m145.6m231.2m222.5m
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

90.5m90.3m79.9m95.2m88.1m66.2m61.5m70.3m61.8m69.2m43.0m47.4m42.3m49.6m44.8m34.3m39.8m52.9m59.0m53.2m46.4m38.1m50.1m152.4m153.6m326.9m220.1m238.7m

Accounts Receivable

108.4m103.7m110.5m101.8m94.5m103.1m99.2m99.8m120.7m125.4m117.9m113.0m117.3m104.4m103.9m103.3m104.7m132.6m137.8m136.5m150.8m146.4m139.9m281.8m269.6m244.3m242.9m230.6m

Prepaid Expenses

8.9m8.4m11.1m12.7m12.0m10.5m17.4m14.9m16.7m17.7m21.0m21.2m34.6m31.2m35.8m35.4m

Inventories

119.6m123.5m127.1m121.0m124.3m123.0m119.9m120.6m139.7m136.3m135.4m127.6m127.0m126.0m119.4m120.6m121.4m139.4m142.7m153.0m148.7m149.6m157.0m241.0m237.5m230.3m229.4m223.1m219.2m
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Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

37.7m24.3m40.2m40.2m35.3m25.1m51.4m35.3m127.2m

Depreciation and Amortization

18.4m20.5m27.9m32.1m30.1m29.9m36.0m60.0m70.4m

Inventories

(19.9m)4.1m6.4m5.4m6.0m2.3m(2.4m)(14.0m)5.8m

Accounts Payable

8.8m(6.6m)(708.0k)(6.1m)2.8m4.3m(3.0m)23.4m(16.2m)
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

19.6m31.8m10.5m21.1m29.7m11.9m22.6m33.0m11.4m24.2m31.1m9.4m19.0m29.2m8.8m18.2m23.5m10.3m25.7m39.0m9.0m28.0m40.3m35.2m64.2m89.9m(116.6m)(56.7m)

Depreciation and Amortization

8.4m13.3m5.0m10.0m15.0m5.2m10.7m20.9m8.1m16.0m24.1m7.5m15.1m22.7m7.2m14.7m22.6m8.8m17.6m26.9m9.4m18.7m28.0m32.1m64.3m96.4m32.1m64.1m96.5m

Inventories

(8.3m)(13.9m)440.0k4.2m(3.1m)(663.0k)2.6m3.5m1.4m5.0m5.3m991.0k2.7m2.4m2.9m238.0k(837.0k)(1.4m)(1.5m)(9.5m)(515.0k)(5.5m)(13.8m)(10.6m)(6.3m)(3.7m)(11.8m)(3.6m)4.3m

Accounts Payable

6.3m9.6m652.0k(2.8m)(557.0k)6.2m2.4m9.2m4.9m(655.0k)(6.7m)2.8m2.3m7.1m(6.8m)1.5m3.2m(7.0m)(9.2m)(8.8m)(5.9m)2.0m7.1m(4.9m)
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USDQ2, 2012

Debt/Equity

1.3 x

Debt/Assets

0.4 x

Financial Leverage

3.1 x
Show all financial metrics

Altra Industrial Motion Acquisitions / Subsidiaries

Company NameDateDeal Size
StromagOctober 21, 2016

Altra Industrial Motion Cybersecurity Score

Cybersecurity ratingPremium dataset

C

79/100

Learn more about our premium products
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Altra Industrial Motion Online and Social Media Presence

Altra Industrial Motion's Trends

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Altra Industrial Motion News and Updates

January 29, 2021

Altra Industrial Motion Corp. to Host Conference Call on Fourth Quarter 2020 Financial Results

BRAINTREE, Mass., Jan. 29, 2021 (GLOBE NEWSWIRE) -- Altra Industrial Motion Corp. (Nasdaq:AIMC), a leading global manufacturer and supplier of motion control, power transmission and automation products, intends to release unaudited financial results for the fourth quarter of 2020 before the market…
October 21, 2020

Altra Industrial Motion Corp. Announces Fourth Quarter 2020 Dividend

BRAINTREE, Mass., Oct. 21, 2020 (GLOBE NEWSWIRE) -- Altra Industrial Motion Corp. (Nasdaq: AIMC), a leading global manufacturer and supplier of motion control, power transmission and automation products, today announced that its Board of Directors has approved the payment of a quarterly cash divid…
July 22, 2020

Altra Industrial Motion Corp. Announces Third Quarter 2020 Dividend

BRAINTREE, Mass., July 22, 2020 (GLOBE NEWSWIRE) -- Altra Industrial Motion Corp. (Nasdaq: AIMC), a leading global manufacturer and supplier of motion control, power transmission and automation products, today announced that its Board of Directors has approved the payment of a quarterly cash divid…
February 12, 2020

The Good And Bad: AutoZone And Altra Industrial Motion

See two of the featured stocks from this month’s model portfolios.
February 11, 2020

Altra Industrial Motion Corp. Announces First Quarter 2020 Dividend

BRAINTREE, Mass., Feb. 11, 2020 (GLOBE NEWSWIRE) -- Altra Industrial Motion Corp. (Nasdaq: AIMC), a leading global manufacturer and supplier of motion control, power transmission and automation products, today announced that its Board of Directors has approved the payment of a quarterly cash divid…
October 09, 2019

Altra Industrial Motion Corp. to Host Conference Call on Third Quarter 2019 Financial Results

BRAINTREE, Mass., Oct. 09, 2019 (GLOBE NEWSWIRE) -- Altra Industrial Motion Corp. (Nasdaq:AIMC), a leading global manufacturer and supplier of motion control, power transmission and automation products, intends to release unaudited financial results for the third quarter of 2019 before the market …
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Altra Industrial Motion Blogs

November 19, 2018

Carl Christenson Management

Carl Christenson Management Matthew.Callan… Mon, 11/19/2018 - 17:03 Mr. Carl R. Christenson Chairman and Chief Executive Officer Carl R. Christenson, 59, has been the Chairman of the Altra board of directors since April 2014, the Chief…
November 19, 2018

Pat Murphy

Pat Murphy Matthew.Callan… Mon, 11/19/2018 - 16:30 Mr. Patrick K. Murphy Patrick K. Murphy, 56, has been a director of Altra since October 2018. Since July 2016, Mr. Murphy has served as Senior Vice President at Fortive Corporation where he is responsibl…

 Altra Industrial Motion Frequently Asked Questions

  • When was Altra Industrial Motion founded?

    Altra Industrial Motion was founded in 2004.

  • Who are Altra Industrial Motion key executives?

    Altra Industrial Motion's key executives are Carl R. Christenson, Christian Storch and Glenn E. Deegan.

  • How many employees does Altra Industrial Motion have?

    Altra Industrial Motion has 9,200 employees.

  • What is Altra Industrial Motion revenue?

    Latest Altra Industrial Motion annual revenue is $1.8 b.

  • What is Altra Industrial Motion revenue per employee?

    Latest Altra Industrial Motion revenue per employee is $199.4 k.

  • Who are Altra Industrial Motion competitors?

    Competitors of Altra Industrial Motion include Rexnord, John Crane and Allied Motion Technologies.

  • Where is Altra Industrial Motion headquarters?

    Altra Industrial Motion headquarters is located at 300 Granite St #201, Braintree.

  • Where are Altra Industrial Motion offices?

    Altra Industrial Motion has offices in Braintree, Jardim da Gloria and Boksburg.

  • How many offices does Altra Industrial Motion have?

    Altra Industrial Motion has 3 offices.