Hardinge

Hardinge is the leader in providing a wide range of highly reliable turning, milling, grinding and workholding solutions. We never compromise on product design, so customers can count on Hardinge to help them make the right part to the required specification, every time. The breadth and depth of our product solutions are unmatched in the industry, enabling us to support a variety of market applications, including aerospace, automotive, medical, energy, construction, agriculture, mold, tool and die, and more.

Company Growth (employees)
Type
Public
HQ
Horseheads, US
Founded
1890
Size (employees)
1,451 (est)
Hardinge was founded in 1890 and is headquartered in Horseheads, US

Hardinge Office Locations

Hardinge has offices in Horseheads, Leicester, Krefeld, Saint Gallen and in 4 other locations
Horseheads, US (HQ)
1 Hardinge Dr
Rochester, US
1200 Brooks Ave
Shanghai, CN
Kang Qiao Xin Yuan
Biel, CH
107 Längfeldweg
Krefeld, DE
13 Europark Fichtenhain A
Leicester, GB
Murrayfield Rd
Show all (8)

Hardinge Financials and Metrics

Hardinge Financials

Hardinge's revenue was reported to be $64.6 m in Q1, 2017
USD

Revenue (Q1, 2017)

64.6 m

Gross profit (Q1, 2017)

21.4 m

Gross profit margin (Q1, 2017), %

33%

Net income (Q1, 2017)

(2 m)

EBIT (Q1, 2017)

(1.8 m)

Market capitalization (19-Oct-2017)

199.7 m

Cash (31-Mar-2017)

26.7 m
Hardinge's current market capitalization is $199.7 m.
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

329.5 m311.6 m315.2 m292 m

Revenue growth, %

(5%)1%(7%)

Cost of goods sold

195.7 m250.5 m237.6 m236.2 m224.8 m224.9 m194.5 m

Gross profit

93.2 m86.9 m90.4 m97.5 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

78.9 m68.9 m69.1 m82.4 m76.8 m67.8 m70.2 m67.2 m64.6 m

Cost of goods sold

56.9 m50.2 m50.9 m58.9 m55 m45.1 m46.6 m44.1 m43.2 m

Gross profit

22 m18.7 m18.2 m23.5 m21.8 m22.7 m23.6 m23.2 m21.4 m

Gross profit Margin, %

28%27%26%28%28%34%34%34%33%
USDY, 2009Y, 2010Y, 2011Y, 2012Y, 2013Y, 2014Y, 2015FY, 2016

Cash

20.4 m30.9 m21.7 m26.9 m34.7 m16.3 m32.8 m28.3 m

Accounts Receivable

57.1 m62.9 m56.9 m55.6 m

Inventories

107 m

Current Assets

221.5 m204.7 m211.5 m200.7 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

22.3 m15 m18.3 m22.8 m18.5 m29.3 m23.4 m22.9 m26.7 m

Accounts Receivable

55.3 m53.6 m55.6 m56.2 m55.7 m49.9 m45 m47.2 m46.6 m

Inventories

119.3 m123.2 m116.3 m122.3 m119.2 m117.1 m118.1 m120.4 m115.9 m

Current Assets

212.1 m207.5 m207 m217 m208.5 m209 m200.1 m205.1 m202.5 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

9.9 m(2.1 m)2.6 m1.2 m

Depreciation and Amortization

9.6 m9.8 m8.5 m8.8 m

Accounts Receivable

(68 k)(7.9 m)3.9 m(284 k)

Inventories

(1.3 m)(1.4 m)252 k
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

896 k(6.7 m)(1.4 m)178 k(149 k)(1.2 m)(1.1 m)(2.5 m)(2 m)

Depreciation and Amortization

5 m7.3 m2.3 m4.6 m6.8 m2 m4.1 m6.1 m2.2 m

Accounts Receivable

1.9 m2.7 m6.6 m6.7 m6 m7.6 m11.8 m9.8 m9.8 m

Inventories

(4.7 m)(10.1 m)(4.8 m)(8.5 m)(8.7 m)(4.9 m)(7.7 m)(9.5 m)(8.2 m)
USDY, 2017

Revenue/Employee

44.5 k

Financial Leverage

1.9 x
Show all financial metrics

Hardinge Market Value History

Traffic Overview of Hardinge

Hardinge Online and Social Media Presence

Hardinge News and Updates

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Hardinge Company Life and Culture

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