OverviewSuggest Edit

Built on the legacy of James Edward Hanger, the first amputee of the American Civil War, Hanger, Inc. delivers orthotic and prosthetic (O&P) patient care, and distributes O&P products and rehabilitative solutions to the broader market. Hanger's Patient Care segment is the largest owner and operator of O&P patient care clinics with in excess of 750 locations nationwide. Through its Products & Services segment, Hanger distributes branded and private label O&P devices, products and components, and provides therapeutic solutions. Steeped in over 150 years of clinical excellence and innovation, Hanger's vision is to be the partner of choice for products and services that enhance human physical capability. Hanger helps those with limb loss, paralysis, and other physical challenges become productive members of society after injury or illness. Headquartered in Austin, TX and with locations in 45 states, our employees provide personal independence, increased mobility, and restored functionality. ... Show more
TypePublic
Founded1861
HQAustin, US
Websitehanger.com
Employee Ratings3.6

Latest Updates

Employees (est.) (Feb 2019)4,600
Job Openings354
Revenue (FY, 2017)$1 B
Share Price (Feb 2019)$20.4 (+2%)

Key People/Management at Hanger

Gabrielle B. Adams

Gabrielle B. Adams

Vice President and Chief Accounting Officer, Hanger, Inc.
Mitchell D. Dobson

Mitchell D. Dobson

Senior Vice President and Chief Compliance Officer, Hanger, Inc.
Mitchell Dobson

Mitchell Dobson

Senior Vice President and Chief Compliance Officer, Hanger, Inc.
Thomas E. Hartman

Thomas E. Hartman

Senior Vice President, General Counsel and Secretary, Hanger, Inc.
Thomas E. Kiraly

Thomas E. Kiraly

Executive Vice President and Chief Financial Officer​, Hanger, Inc.
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Hanger Office Locations

Hanger has an office in Austin
Austin, US (HQ)
10910 Domain Dr
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Hanger Financials and Metrics

Hanger Revenue

Hanger's revenue was reported to be $1.04 b in FY, 2017
USD

Revenue (Q3, 2018)

262.9m

Net income (Q3, 2018)

4.4m

EBIT (Q3, 2018)

15.9m

Market capitalization (12-Feb-2019)

752.4m

Closing stock price (12-Feb-2019)

20.4

Cash (30-Sep-2018)

61.0m

EV

700.4m
Hanger's current market capitalization is $752.4 m.
Annual
USDFY, 2013FY, 2014FY, 2016FY, 2017

Revenue

1.0b1.0b1.0b1.0b

General and administrative expense

86.3m107.2m110.1m

Operating expense total

86.3m107.2m110.1m

Depreciation and amortization

37.5m38.9m44.9m39.3m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q1, 2018Q2, 2018Q3, 2018

Revenue

271.1m235.6m275.9m234.0m267.0m262.9m

General and administrative expense

25.6m26.5m28.3m

Operating expense total

25.6m52.2m28.3m

Depreciation and amortization

9.2m10.2m12.1m9.3m9.3m9.0m
Annual
USDFY, 2013FY, 2014FY, 2016FY, 2017

Cash

9.9m11.7m7.2m1.5m

Accounts Receivable

185.8k

Inventories

141.5m70.5m68.2m69.1m

Current Assets

383.0m395.3m252.3m251.0m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q1, 2018Q2, 2018Q3, 2018

Cash

7.2m55.6m4.9m32.9m48.8m61.0m

Accounts Receivable

127.0m134.1m132.4m

Inventories

144.4m154.0m159.0m70.1m66.4m72.6m

Current Assets

373.9m451.2m420.7m250.8m272.1m288.5m
Annual
USDFY, 2013FY, 2014FY, 2016FY, 2017

Net Income

63.6m(19.0m)(106.5m)(104.7m)

Depreciation and Amortization

37.5m38.9m44.9m39.3m

Inventories

(11.3m)6.9m253.0k(913.0k)

Accounts Payable

6.2m(777.0k)(3.1m)(3.6m)
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q1, 2018Q2, 2018Q3, 2018

Net Income

45.2m6.0m18.6m(22.6m)(9.7m)(5.3m)

Depreciation and Amortization

28.0m10.2m22.3m9.3m18.6m27.6m

Inventories

(14.7m)(10.6m)(14.5m)1.1m

Accounts Payable

4.6m2.1m(6.4m)552.0k
USDY, 2018

EV/EBIT

44 x

EV/CFO

18.8 x
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Hanger Operating Metrics

FY, 2014

Clinics

1.15 k
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Hanger Online and Social Media Presence

Embed Graph
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Hanger News and Updates

Spinner Hanger Shot Blasting Machines Delivered by Sinto America

GRAND LEDGE, Mich., Jan. 29, 2019 /PRNewswire/ -- Continuing their manufacturing excellence, Sinto America recently manufactured and shipped two KSB Spinner Hangers with open loop conveyances for aluminum die-casting to an automotive manufacturer. See Sinto's KSB Spinner Hangers:...

Collabo Space Inc. is Looking to Raise $100,000 for Its Latest Kickstarter Home Accessory Product, Hurdle Hanger

Home furniture and accessory brand Collabo Space Inc. obtained 100 percent funding on Kickstarter for its latest product, Hurdle Hanger, in under 72 hours.

Hurdle Hanger, the Average Hanger Re-Invented, is Now Available on Kickstarter

Hurdle Hanger's design allows users to hang their pants in three different ways with one single motion.

The Liner Hanger Systems Market will register a CAGR of nearly 5% by 2023

NEW YORK, Dec. 10, 2018 /PRNewswire/ -- About this market According to our industry experts, the increasing investments in offshore oil and gas projects have increased along with the recovery in global crude oil prices. The technological advances that enable optimization through enhanced...

Carbon Fiber for Prosthetics Global Market 2018 Top Key Players – Össur  Hanger Inc. , Otto Bock HealthCare GmbH , Blatchford Ltd.,  Touch Bionics Inc.,  The Ohio Willow Wood Co. and Forecast to 2025

Wiseguyreports.Com Added New Market Research Report On -“Global Carbon Fiber for Prosthetics Market 2018 Top Key Players, Production , Growth and Future Demand Forecast to 2025 ”. Posted via Industry Today. Follow us on Twitter @IndustryToday

Hanger and AT&T create industry-first, network-connected device for prosthetic limbs

AUSTIN, Texas, Sept. 10, 2018 /PRNewswire/ -- Along with AT&T*, Hanger, Inc. (OTC PINK: HNGR) today announced the two companies have developed a trailblazing proof of concept for the industry's first standalone, network-connected device for prosthetic limbs. The prototype, designed to...
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Hanger Company Life and Culture

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Hanger Frequently Asked Questions

  • When was Hanger founded?

    Hanger was founded in 1861.

  • Who are Hanger key executives?

    Hanger's key executives are Gabrielle B. Adams, Mitchell D. Dobson and Mitchell Dobson.

  • How many employees does Hanger have?

    Hanger has 4,600 employees.

  • What is Hanger revenue?

    Latest Hanger annual revenue is $1 b.

  • What is Hanger revenue per employee?

    Latest Hanger revenue per employee is $226.3 k.

  • Who are Hanger competitors?

    Competitors of Hanger include Orthofix, Fusion Antibodies and Cmed.

  • Where is Hanger headquarters?

    Hanger headquarters is located at 10910 Domain Dr, Austin.

  • Where are Hanger offices?

    Hanger has an office in Austin.

  • How many offices does Hanger have?

    Hanger has 1 office.