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 Ratings3.4More
View Jobs (124)

Recent NewsAll News

Latest Updates

Employees (est.) (Dec 2018)9,300(+104%)
Job Openings124
Revenue (FY, 2018)$1.2 B(+35%)
Share Price (Jun 2019)$34.9 (+2%)

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, Erie, South Beloit, Warren 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

Net income (Q2, 2019)

29.0m

Market capitalization (10-Jun-2019)

2.3b

Closing stock price (10-Jun-2019)

34.9
Altra Industrial Motion's current market capitalization is $2.3 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, 2018Q2, 2019

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%
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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, 2018Q1, 2019

Cash

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

Inventories

120.6m139.7m136.3m135.4m127.6m127.0m126.0m119.4m120.6m121.4m139.4m142.7m153.0m148.7m149.6m157.0m241.0m

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, 2018Q2, 2019

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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Show all financial metrics

Altra Industrial Motion Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
StromagOctober 21, 2016

Altra Industrial Motion Online and Social Media Presence

Altra Industrial Motion's Trends

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Altra Industrial Motion News and Updates

July 22, 2019

Altra Industrial Motion Corp. Announces Third Quarter 2019 Dividend

BRAINTREE, Mass., July 22, 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…
July 16, 2019

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

BRAINTREE, Mass., July 16, 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 second quarter of 2019 before the market o…
June 25, 2019

$74.5 Bn Actuators Market, 2024 - Key Players are ABB, Rockwell Automation, Altra Industrial Motion, Moog, SMC, Curtiss Wright, and MISUMI

DUBLIN, June 25, 2019 The "Actuators Market by Actuation (Electrical, Pneumatic, Hydraulic), Type (Linear, Rotary), Application (Industrial Automation, Robotics, Vehicles & Equipment), Vertical (Automotive, Electronics, Healthcare), and Region - Global Forecast to 2024" report has been...
May 09, 2019

Altra Industrial Motion Corp. to Present at Bank of America Merrill Lynch 2019 Transportation and Industrials Conference

BRAINTREE, Mass., May 09, 2019 (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 management will be presenting at the Bank of America Merrill Lynch 2019 Tr…
May 07, 2019

Altra Industrial Motion Corp. to Webcast 2019 Investor Day Live on May 14, 2019

Management to Ring NASDAQ Closing Bell on May 13, 2019 Management to Ring NASDAQ Closing Bell on May 13, 2019
April 24, 2019

Altra Industrial Motion Corp. Announces Second Quarter 2019 Dividend

BRAINTREE, Mass., April 24, 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.…
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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 9,300 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 $126.4 k.

  • Who are Altra Industrial Motion competitors?

    Competitors of Altra Industrial Motion include Spartan Motors, Dana Incorporated and American Axle & Manufacturing.

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

  • How many offices does Altra Industrial Motion have?

    Altra Industrial Motion has 22 offices.