Altra Industrial Motion

OverviewSuggest Edit

Altra is a global designer, producer and marketer of a wide range of mechanical power transmission components. Its products are used to control and transmit power and torque in virtually any industrial application involving movement. The Company offers coupling products under the Ameridrives, Bibby, Lamiflex, TB Wood's, Huco Dynatork, Guardian, and Stromag brands for food processing, oil and gas, power generation, material handling, medical, metals, mining, and mobile off-highway markets. 

TypePublic
Founded2004
HQBraintree, USMap
Websitealtramotion.com
Employee Ratings3.1More
View Jobs (167)

Recent NewsAll News

Latest Updates

Employees (est.) (Feb 2019)4,580
Job Openings167
Revenue (FY, 2018)$1.2 B(+35%)
Share Price (Mar 2019)$30.2 (-6%)

Key People/Management at Altra Industrial Motion

Carl R. Christenson

Carl R. Christenson

Chairman and Chief Executive Officer
Christian Storch

Christian Storch

Vice President and Chief Financial Officer
Glenn Deegan

Glenn Deegan

Vice President, Legal & Human Resources, General Counsel and Secretary
Gerald Ferris

Gerald Ferris

Vice President Global Sales
Todd B. Patriacca

Todd B. Patriacca

Vice President Finance, Corporate Controller, and Treasurer
Craig Schuele

Craig Schuele

Vice President Marketing and Business Development
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Altra Industrial Motion Office Locations

Altra Industrial Motion has offices in Braintree, South Beloit, Warren, Syracuse and in 18 other locations
Braintree, US (HQ)
300 Granite St #201
Chambersburg, US
440 5th Ave
Charlotte, US
701 Carrier Dr
Erie, US
1802 Pittsburgh Ave
Michigan City, US
300 IN-212, Michigan City, IN 46360, USA
New Hartford, US
31 Greenwood Industrial Park Rd
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Altra Industrial Motion Financials and Metrics

Altra Industrial Motion Revenue

Altra Industrial Motion's revenue was reported to be $1.18 b in FY, 2018
USD

Revenue (FY, 2018)

1.2b

Gross profit (FY, 2018)

376.1m

Gross profit margin (FY, 2018), %

32%

Net income (FY, 2018)

35.3m

EBIT (FY, 2018)

86.7m

Market capitalization (22-Mar-2019)

1.9b

Closing stock price (22-Mar-2019)

30.2

Cash (31-Dec-2018)

169.0m

EV

1.8b
Altra Industrial Motion's current market capitalization is $1.9 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

722.2m819.8m746.7m708.9m876.7m1.2b

Revenue growth, %

14%(9%)(5%)

Cost of goods sold

506.8m518.2m486.8m601.0m799.2m

Gross profit

215.4m228.5m222.1m275.8m376.1m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

175.4m210.1m215.2m202.5m193.4m196.6m183.1m180.5m182.7m173.1m215.4m223.4m214.6m240.4m237.3m228.5m

Cost of goods sold

121.8m148.3m148.7m140.2m134.9m136.6m127.3m125.8m124.5m119.0m149.3m151.2m145.6m166.2m159.1m156.5m

Gross profit

53.7m61.8m66.5m62.3m58.5m60.0m55.8m54.6m58.2m54.2m66.2m72.1m69.0m74.2m78.3m71.9m

Gross profit Margin, %

31%29%31%31%30%31%30%30%32%31%31%32%32%31%33%31%
show all
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

63.6m47.5m50.3m69.1m52.0m169.0m

Accounts Receivable

15.7m

Inventories

143.7m132.7m121.2m139.8m145.6m231.2m

Current Assets

349.2m310.8m287.2m344.2m358.2m703.9m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Cash

70.3m61.8m69.2m43.0m47.4m42.3m49.6m44.8m34.3m39.8m52.9m59.0m53.2m46.4m38.1m50.1m

Inventories

120.6m139.7m136.3m135.4m127.6m127.0m126.0m119.4m120.6m121.4m139.4m142.7m153.0m148.7m149.6m157.0m

Current Assets

307.4m350.9m357.6m316.8m308.9m307.9m304.0m288.2m276.3m283.7m349.1m364.7m367.5m369.6m357.7m370.5m

PP&E

136.2m156.1m155.9m152.8m151.7m153.5m152.8m147.5m145.6m142.7m178.5m185.0m190.5m194.3m189.3m187.8m
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Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

40.2m40.2m35.3m25.1m51.4m35.3m

Depreciation and Amortization

27.9m32.1m30.1m29.9m36.0m60.0m

Inventories

6.4m5.4m6.0m2.3m(2.4m)(14.0m)

Accounts Payable

(708.0k)2.8m4.3m(3.0m)23.4m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Net Income

10.5m11.4m24.2m31.1m9.4m19.0m29.2m8.8m18.2m23.5m10.3m25.7m39.0m9.0m28.0m40.3m

Depreciation and Amortization

8.1m16.0m24.1m15.1m22.7m7.2m14.7m22.6m8.8m17.6m26.9m9.4m18.7m28.0m

Inventories

1.4m5.0m5.3m127.6m2.7m2.4m2.9m238.0k(837.0k)(1.4m)(1.5m)(9.5m)(515.0k)(5.5m)(13.8m)

Accounts Payable

4.9m(655.0k)(6.7m)47.5m2.3m7.1m(6.8m)1.5m3.2m(7.0m)(9.2m)(8.8m)(5.9m)2.0m7.1m
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USDY, 2018

EV/EBIT

20.7 x

EV/CFO

15.5 x

Revenue/Employee

256.6k

Financial Leverage

2.3 x
Show all financial metrics

Altra Industrial Motion Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
StromagOctober 21, 2016
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Competitors

Spartan Motors
Automotive & Transportation - Public
American Axle & Manufacturing
Automotive & Transportation - Public
Girard Equipment
Manufacturing & Industrial - Private
Langer Material Handling
Automotive & Transportation - Private
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Altra Industrial Motion Online and Social Media Presence

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Altra Industrial Motion News and Updates

February 12, 2019

Altra Industrial Motion Corp. Announces First Quarter 2019 Dividend

BRAINTREE, Mass., Feb. 12, 2019 (GLOBE NEWSWIRE) -- Altra Industrial Motion Corp. (Nasdaq: AIMC), a leading global supplier of electromechanical power transmission and motion control products, today announced that its Board of Directors has approved the payment of a quarterly cash dividend of $0.1…
January 31, 2019

Altra Industrial Motion Corp. to Host Conference Call on Fourth Quarter 2018 Financial Results

BRAINTREE, Mass., Jan. 31, 2019 (GLOBE NEWSWIRE) -- Altra Industrial Motion Corp. (Nasdaq:AIMC), a global manufacturer and marketer of highly engineered motion control and power transmission products, intends to release unaudited financial results for the fourth quarter of 2018 before the market o…
November 13, 2018

Women in Engineering: Tricia Mellor, Altra Industrial Motion

Name: Tricia Mellor Title: Design Engineering Supervisor Company: Altra Industrial Motion Degree: BSME from University of Hartford Talk about the culture at your company. What makes it inclusive or supportive of women? What do you enjoy about working there as an engineer? Altra Industrial Motion tru…
October 16, 2018

Altra Industrial Motion Corp. Announces Fourth Quarter 2018 Dividend

BRAINTREE, Mass., Oct. 16, 2018 (GLOBE NEWSWIRE) -- Altra Industrial Motion Corp. (Nasdaq: AIMC), a leading global supplier of electromechanical power transmission and motion control products, today announced that its Board of Directors has approved the payment of a quarterly cash dividend of $0.1…
October 09, 2018

Altra Industrial Motion Corp. to Present at Baird 2018 Global Industrial Conference

BRAINTREE, Mass., Oct. 09, 2018 (GLOBE NEWSWIRE) -- Altra Industrial Motion Corp. (Nasdaq: AIMC), a leading global supplier of electromechanical power transmission and motion control products, today announced that management will be presenting at the Baird 2018 Global Industrial Conference in Chic…
October 02, 2018

Altra Industrial Motion Corp. to Host Conference Call on Third Quarter 2018 Financial Results and Completion of Combination with Fortive’s Automation & Specialty Platform

BRAINTREE, Mass., Oct. 02, 2018 (GLOBE NEWSWIRE) -- Altra Industrial Motion Corp. (Nasdaq:AIMC), a global manufacturer and marketer of electromechanical power transmission and motion control products, intends to release unaudited financial results for the third quarter of 2018 before the market op…
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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 Deegan.

  • How many employees does Altra Industrial Motion have?

    Altra Industrial Motion has 4,580 employees.

  • What is Altra Industrial Motion revenue?

    Latest Altra Industrial Motion annual revenue is $1.2 b.

  • What is Altra Industrial Motion revenue per employee?

    Latest Altra Industrial Motion revenue per employee is $256.6 k.

  • Who are Altra Industrial Motion competitors?

    Competitors of Altra Industrial Motion include Spartan Motors, American Axle & Manufacturing and Girard Equipment.

  • 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, South Beloit, Warren, Syracuse and in 18 other locations.

  • How many offices does Altra Industrial Motion have?

    Altra Industrial Motion has 22 offices.

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