Altra Industrial Motion

Manufacturing & Industrial auto parts engineering components

Altra is a leading global designer, producer and marketer of a wide range of mechanical power transmission components.
Our products are used to control and transmit power and torque in virtually any industrial application involving movement. With our global footprint, we sell our products in over 70 countries throughout the world and serve a diverse group of industries including: energy, general industrial, material handling, metals, mining, specialty machinery, transportation, and turf & garden. The Altra portfolio of products includes Clutches & Brakes, Couplings, and Gearing & Power Transmission Components. We market these products under well recognized and established brand names, most of which have been in existence for 50 to well over 100 years.
With a strong long-term focus on Operational Excellence, organic growth and strategic acquisitions, Altra strives to create superior value for our customers, shareholders and associates.

Revenue(Q1, 2017)

$215.4 M

Market capitalization(2017-08-15)

$1.3 B

Company Growth (employees)

Type

Public

Braintree, US

Founded

2004

Size (employees)

4,564 (est)

Website

altramotion.com

Altra Industrial Motion was founded in 2004 and is headquartered in Braintree, US

Altra Industrial Motion Office Locations

Altra Industrial Motion has an office in Braintree

Braintree, US (HQ)

201 300 Granite St

Altra Industrial Motion Data and Metrics

Altra Industrial Motion Financial Metrics

Altra Industrial Motion's revenue was reported to be $215.4 m in Q1, 2017

Summary

USD

Altra Industrial Motion's current market capitalization is $1.3 b.

Income Statement

Annual

USD	FY, 2013	FY, 2014	FY, 2015	FY, 2016
Revenue	722.2 m	819.8 m	746.7 m	708.9 m
Revenue growth, %		14%	(9%)	(5%)
Cost of goods sold	506.8 m		518.2 m	486.8 m
Gross profit	215.4 m	248.9 m	228.5 m	222.1 m
Gross profit Margin, %	30%	30%	31%	31%
R&D expense				17.7 m
General and administrative expense				140.5 m
Operating expense total	143.8 m	173.8 m	164.2 m	174.6 m
EBIT	71.6 m	75.1 m	64.2 m	47.5 m
EBIT margin, %	10%	9%	9%	7%
Interest expense	10.6 m		12.2 m	11.7 m
Pre tax profit	59.3 m		51.1 m	33.9 m
Income tax expense	19.2 m		15.7 m	8.7 m
Net Income	40.2 m	40.2 m	35.3 m	25.1 m

Quarterly

USD	Q2, 2014	Q3, 2014	Q1, 2015	Q2, 2015	Q3, 2015	Q1, 2016	Q2, 2016	Q3, 2016	Q1, 2017
Revenue	215.2 m	202.5 m	193.4 m	196.6 m	183.1 m	180.5 m	182.7 m	173.1 m	215.4 m
Cost of goods sold	148.7 m	140.2 m	134.9 m	136.6 m	127.3 m	125.8 m	124.5 m	119 m	149.3 m
Gross profit	66.5 m	62.3 m	58.5 m	60 m	55.8 m	54.6 m	58.2 m	54.2 m	66.2 m
Gross profit Margin, %	31%	31%	30%	31%	30%	30%	32%	31%	31%
R&D expense	4 m	3.8 m	4.8 m	4.5 m	4.2 m	4.6 m	4.5 m	4.3 m	6.2 m
General and administrative expense	40.5 m	39.1 m	36.3 m	35.2 m	34.3 m	33.5 m	35.9 m	36.1 m	40.4 m
Operating expense total	44.5 m	42.9 m	41.1 m	39.7 m	38.5 m	38.1 m	40.4 m	40.4 m	46.6 m
EBIT	22 m	17.8 m	15.7 m	17.7 m	16.7 m	15 m	16.2 m	10.4 m	17.7 m
EBIT margin, %	10%	9%	8%	9%	9%	8%	9%	6%	8%
Interest expense	3 m	3 m	3 m	3 m	2.9 m	2.9 m	2.9 m	2.8 m	1.7 m
Pre tax profit	18.8 m	15.1 m	13.5 m	14 m	13.1 m	12.4 m	13.5 m	7.5 m	14.7 m
Income tax expense	5.9 m	8.2 m	4.1 m	4.4 m	2.8 m	3.5 m	4.1 m	2.2 m	4.4 m
Net Income	12.8 m	6.9 m	9.4 m	9.6 m	10.2 m	8.8 m	9.3 m	5.3 m	10.3 m

Balance Sheet

Annual

USD	FY, 2013	FY, 2014	FY, 2015	FY, 2016
Cash	63.6 m	47.5 m	50.3 m	69.1 m
Accounts Receivable				15.7 m
Inventories	143.7 m	132.7 m	11.2 m	139.8 m
Current Assets	349.2 m	310.8 m	287.2 m	344.2 m
PP&E	157.5 m	156.4 m	145.4 m	177 m
Goodwill	104.3 m	102.1 m	97.3 m	188.8 m
Total Assets	735.7 m	684.6 m	632.3 m	869.8 m
Accounts Payable	51.2 m	44.3 m	40.3 m	60.8 m
Total Debt				43.7 m
Current Liabilities	140.1 m	119.6 m	104.3 m	171.6 m
Common Stock	27 k	26 k	26 k	27 k
Additional Paid-in Capital	154.5 m	139.1 m	124.8 m	168.3 m
Retained Earnings	133.2 m	161.1 m	181.5 m	191.1 m
Total Equity	269.3 m		242.6 m	283.3 m
Debt to Equity Ratio				0.2 x
Debt to Assets Ratio				0.1 x
Financial Leverage	2.7 x		2.6 x	3.1 x

Quarterly

USD	Q2, 2014	Q3, 2014	Q1, 2015	Q2, 2015	Q3, 2015	Q1, 2016	Q2, 2016	Q3, 2016	Q1, 2017
Cash	69.2 m	43 m	47.4 m	42.3 m	49.6 m	44.8 m	34.3 m	39.8 m	52.9 m
Inventories	136.3 m	135.4 m	127.6 m	127 m	126 m	119.4 m	120.6 m	121.4 m	139.4 m
Current Assets	357.6 m	316.8 m	308.9 m	307.9 m	304 m	288.2 m	276.3 m	283.7 m	349.1 m
PP&E	155.9 m	152.8 m	151.7 m	153.5 m	152.8 m	147.5 m	145.6 m	142.7 m	178.5 m
Goodwill	105.8 m	104.7 m	97.8 m	99 m	98.3 m	98.5 m	97.8 m	97.8 m	192.9 m
Total Assets	738.7 m	694.8 m	665.1 m	666.3 m	658.1 m	635.9 m	618 m	620.5 m	877.5 m
Accounts Payable	53.3 m	43.9 m	47.5 m	47.5 m	46.6 m	37.3 m	44.6 m	41.8 m	60.9 m
Current Liabilities	139 m	125.4 m	115.1 m	118 m	121.1 m	97.8 m	103 m	105 m	128.2 m
Common Stock	27 k	27 k	26 k	26 k	26 k	26 k	26 k	26 k	29 k
Additional Paid-in Capital	153.3 m	142.8 m	135.5 m	133.4 m	127.1 m	123.7 m	122.7 m	122.2 m	221.7 m
Retained Earnings	151.4 m	155.2 m	167.3 m	173 m	179.3 m	186.4 m	191.9 m	193.3 m	197 m
Total Equity				252.6 m	248.1 m	250.6 m	250 m	250.9 m	347.4 m
Financial Leverage				2.6 x	2.7 x	2.5 x	2.5 x	2.5 x	2.5 x

Cash Flow

Annual

USD	FY, 2013	FY, 2014	FY, 2015	FY, 2016
Net Income	40.2 m	40.2 m	35.3 m	25.1 m
Depreciation and Amortization	27.9 m	32.1 m	30.1 m	29.9 m
Inventories	6.4 m	5.4 m	6 m	2.3 m
Cash From Operating Activities	89.6 m	84.5 m	86.8 m	76.6 m
Cash From Investing Activities	(130 m)	(42.3 m)	(21.7 m)	(206.9 m)
Dividends Paid	(7.5 m)	(15 m)	(14.9 m)	(11.7 m)
Cash From Financing Activities	18 m	(54 m)	(55.8 m)	149.8 m
Interest Paid	6.7 m	7.6 m	7.2 m	7.2 m
Income Taxes Paid	13.4 m	31.6 m	15.7 m	10.9 m

Quarterly

USD	Q2, 2014	Q3, 2014	Q1, 2015	Q2, 2015	Q3, 2015	Q1, 2016	Q2, 2016	Q3, 2016	Q1, 2017
Net Income	12.8 m	6.9 m	9.4 m	9.6 m	10.2 m	8.8 m	9.3 m	5.3 m	10.3 m
Inventories	136.3 m	135.4 m	127.6 m	127 m	126 m	119.4 m	120.6 m	121.4 m	139.4 m
Accounts Payable	53.3 m	43.9 m	47.5 m	47.5 m	46.6 m	37.3 m	44.6 m	41.8 m	60.9 m

Ratios

USD	Y, 2017
Revenue/Employee	47.2 k
Financial Leverage	2.5 x

Altra Industrial Motion Market Value History

Market Position of Altra Industrial Motion

Competitors

Dana Holding Corporation

Automotive - Public

American Axle & Manufacturing

Automotive - Public

Motorcar Parts of America

Altra Industrial Motion

Company Growth (employees)

Altra Industrial Motion Office Locations

Altra Industrial Motion Data and Metrics

Altra Industrial Motion Financial Metrics

Summary

Revenue (Q1, 2017)

Gross profit (Q1, 2017)

Gross profit margin (Q1, 2017), %

Net income (Q1, 2017)

EBIT (Q1, 2017)

Market capitalization (15-Aug-2017)

Cash (31-Mar-2017)

Income Statement

Revenue

Revenue growth, %

Cost of goods sold

Gross profit

Gross profit Margin, %

R&D expense

General and administrative expense

Operating expense total

EBIT

EBIT margin, %

Interest expense

Pre tax profit

Income tax expense

Net Income

Revenue

Cost of goods sold

Gross profit

Gross profit Margin, %

R&D expense

General and administrative expense

Operating expense total

EBIT

EBIT margin, %

Interest expense

Pre tax profit

Income tax expense

Net Income

Balance Sheet

Cash

Accounts Receivable

Inventories

Current Assets

PP&E

Goodwill

Total Assets

Accounts Payable

Total Debt

Current Liabilities

Common Stock

Additional Paid-in Capital

Retained Earnings

Total Equity

Debt to Equity Ratio

Debt to Assets Ratio

Financial Leverage

Cash

Inventories

Current Assets

PP&E

Goodwill

Total Assets

Accounts Payable

Current Liabilities

Common Stock

Additional Paid-in Capital

Retained Earnings

Total Equity

Financial Leverage

Cash Flow

Net Income

Depreciation and Amortization

Inventories

Cash From Operating Activities

Cash From Investing Activities

Dividends Paid

Cash From Financing Activities