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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 Ratings3.4More
View Jobs (196)

Recent NewsAll News

Latest Updates

Employees (est.) (Dec 2020)9,100(-1%)
Job Openings196
Revenue (FY, 2020)$1.7 B(-5%)
Share Price (Jul 2021)$62.5(+3%)
Cybersecurity ratingCMore

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 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 and Jardim da Gloria
Braintree, MA, US (HQ)
300 Granite St #201
Jardim da Gloria, BR
2970 Av. João Paulo Ablas
Show all (2)

Altra Industrial Motion Financials and Metrics

Altra Industrial Motion Revenue

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Altra Industrial Motion's revenue was reported to be $1.73 b in FY, 2020 which is a 5.9% decrease from the previous period.
USD

Revenue (Q1, 2021)

472.1m

Gross profit (Q1, 2021)

171.7m

Gross profit margin (Q1, 2021), %

36.4%

Net income (Q1, 2021)

39.2m

EBIT (Q1, 2021)

65.1m

Market capitalization (29-Jul-2021)

4.0b

Closing stock price (29-Jul-2021)

62.5

Cash (31-Mar-2021)

249.4m

EV

5.2b
Altra Industrial Motion's current market capitalization is $4 b.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

1.2b1.8b1.7b

Revenue growth, %

56%(6%)

Cost of goods sold

799.2m1.2b1.1b

Gross profit

376.1m656.3m622.4m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

482.8m466.5m442.9m434.2m400.8m437.8m472.1m

Cost of goods sold

307.9m299.5m285.9m281.2m257.4m273.7m300.4m

Gross profit

174.9m167.0m157.0m153.0m143.4m164.1m171.7m

Gross profit Margin, %

36%36%35%35%36%37%36%
show all
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

169.0m167.3m254.4m

Accounts Receivable

259.8m243.2m240.8m

Prepaid Expenses

33.1m29.1m35.7m

Inventories

231.2m222.5m210.4m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Cash

152.4m153.6m168.0m326.9m220.1m238.7m249.4m

Accounts Receivable

281.8m269.6m244.3m242.9m230.6m237.0m259.0m

Prepaid Expenses

32.8m34.6m31.2m32.3m35.8m35.4m40.5m

Inventories

241.0m237.5m230.3m229.4m223.1m219.2m222.7m
show all
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

35.3m127.2m(25.5m)

Depreciation and Amortization

60.0m128.4m127.6m

Inventories

(14.0m)5.8m19.0m

Accounts Payable

23.4m(16.2m)18.8m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Net Income

35.2m64.2m89.9m(116.6m)(95.0m)(56.7m)39.2m

Depreciation and Amortization

32.1m64.3m96.4m32.1m64.1m96.5m30.7m

Inventories

(10.6m)(6.3m)(3.7m)(11.8m)(3.6m)4.3m(15.5m)

Accounts Payable

(4.9m)(20.2m)(15.3m)(900.0k)(10.8m)(2.7m)5.7m
show all
USDFY, 2018

EV/EBIT

36.5 x

EV/CFO

27.2 x

Revenue/Employee

126.4k

Debt/Equity

0.9 x

Debt/Assets

0.4 x

Financial Leverage

2.3 x

P/E Ratio

27.3
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Altra Industrial Motion Acquisitions / Subsidiaries

Company NameDateDeal Size
Fortive - Automation & Specialty BusinessOctober 01, 2018$2.46 b
StromagDecember 30, 2016$191.85 m
ABEK LLC
Altra Industrial Motion Australia Pty. Ltd.
Altra Industrial Motion Denmark ApS
Altra Industrial Motion do Brasil Equipamentos Industriais Ltda.
Altra Industrial Motion Germany GmbH
Altra Industrial Motion Hong Kong Limited
Altra Industrial Motion India Private Ltd.
Altra Industrial Motion International Holding, LLC
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Altra Industrial Motion Revenue Breakdown

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Altra Industrial Motion revenue breakdown by business segment: 47.3% from Power Transmission Technologies and 52.7% from Automation and Specialty

Altra Industrial Motion revenue breakdown by geographic segment: 6.6% from Asia and Other (excluding China), 16.8% from Europe (excluding Germany), 53.0% from North America, 10.8% from Germany and 12.9% from China

Human Capital Metrics

Source: www.sec.gov
Altra Industrial Motion's employees are reported to be approximately 32% female and 68% male.
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Altra Industrial Motion Cybersecurity Score

Cybersecurity ratingPremium dataset

C

73/100

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Altra Industrial Motion Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

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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

July 21, 2021

Altra Industrial Motion Corp. Announces Third Quarter 2021 Dividend

BRAINTREE, Mass., July 21, 2021 (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 09, 2021

Altra Industrial Motion Corp. to Host Conference Call on Second Quarter 2021 Financial Results

BRAINTREE, Mass., July 09, 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 second quarter of 2021 before the market…
July 01, 2021

Ameridrives releases new product Flyer for American Mills

Ameridrives Americardan U-Joints and Amerigear gear couplings and mill spindle shafts are designed and manufactured in the USA
June 28, 2021

Portescap Expands Their Ultra EC Brushless DC Motor Platform With 22ECP-2A Motors Featuring An Integrated Driver

Portescap introduces the newest addition to their Ultra EC™ mini brushless DC motor platform - the 22 ECP brushless motor with a new integrated driver. This new 22mm diameter motor is available in 35mm length. These compact motors offer almost 50 percent more continuous torque over similar comparati…
June 23, 2021

Warner Electric will attend the Shanghai Motor Show

On Jun 27-29, Warner Electric will attend the Shanghai Motor Show. Visit us at Hall E6, booth A170 in Shanghai New International Expo Center ( No 2345, Long Yang Road).
June 22, 2021

Stromag Releases New Catalog: 2in1 Solutions the Compact Coupling/Clutch Combination

Altra is the only company worldwide that manufactures elastic couplings as well as a wide range of switchable clutches.
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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 9,100 employees.

  • What is Altra Industrial Motion revenue?

    Latest Altra Industrial Motion annual revenue is $1.7 b.

  • What is Altra Industrial Motion revenue per employee?

    Latest Altra Industrial Motion revenue per employee is $189.7 k.

  • Who are Altra Industrial Motion competitors?

    Competitors of Altra Industrial Motion include Jiangsu Pacific Precision Forging, Rexnord and John Crane.

  • 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 and Jardim da Gloria.

  • How many offices does Altra Industrial Motion have?

    Altra Industrial Motion has 2 offices.