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)
Horseheads, US
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
Krefeld, DE
13 Europark Fichtenhain A
Biel, CH
107 Längfeldweg
Leicester, GB
Murrayfield Rd
Show all (8)

Hardinge Financials and Metrics

Hardinge Financials

Hardinge's revenue was reported to be $292 m in FY, 2016

Revenue (Q2, 2017)

78.2 m

Gross profit (Q2, 2017)

26.6 m

Gross profit margin (Q2, 2017), %


Net income (Q2, 2017)

2.5 m

EBIT (Q2, 2017)

2.2 m

Market capitalization (13-Dec-2017)

221.5 m

Cash (30-Jun-2017)

26.4 m


199.8 m
Hardinge's current market capitalization is $221.5 m.
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016


329.5 m311.6 m315.2 m292 m

Revenue growth, %


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
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017


82.3 m70.9 m78.9 m68.9 m69.1 m82.4 m76.8 m67.8 m70.2 m67.2 m64.6 m78.2 m

Cost of goods sold

59.2 m51.6 m56.9 m50.2 m50.9 m58.9 m55 m45.1 m46.6 m44.1 m43.2 m51.6 m

Gross profit

23 m19.2 m22 m18.7 m18.2 m23.5 m21.8 m22.7 m23.6 m23.2 m21.4 m26.6 m

Gross profit Margin, %

USDY, 2009Y, 2010Y, 2011Y, 2012Y, 2013Y, 2014Y, 2015FY, 2016


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


107 m

Current Assets

221.5 m204.7 m211.5 m200.7 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017


15.8 m32.5 m22.3 m15 m18.3 m22.8 m18.5 m29.3 m23.4 m22.9 m26.7 m26.4 m

Accounts Receivable

52.5 m51.5 m55.3 m53.6 m55.6 m56.2 m55.7 m49.9 m45 m47.2 m46.6 m55.1 m


132.8 m112.1 m119.3 m123.2 m116.3 m122.3 m119.2 m117.1 m118.1 m120.4 m115.9 m118.5 m

Current Assets

218 m213 m212.1 m207.5 m207 m217 m208.5 m209 m200.1 m205.1 m202.5 m213.7 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)


(1.3 m)(1.4 m)252 k
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Net Income

3.8 m(453 k)896 k(6.7 m)(1.4 m)178 k(149 k)(1.2 m)(1.1 m)(2.5 m)(2 m)475 k

Depreciation and Amortization

6.8 m2.5 m5 m7.3 m2.3 m4.6 m6.8 m2 m4.1 m6.1 m2.2 m4.4 m

Accounts Receivable

5.2 m5.5 m1.9 m2.7 m6.6 m6.7 m6 m7.6 m11.8 m9.8 m9.8 m2.3 m


1.4 m1.7 m(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)(8.3 m)
Y, 2017


91.1 x


-774.2 x


-162.9 x

Financial Leverage

1.9 x
Show all financial metrics

Hardinge Market Value History

Hardinge's Web-traffic and Trends

Hardinge Online and Social Media Presence

Hardinge News and Updates

Machine Tools 2017 Global Market Analysis, Company Profiles And Industrial Overview Research Report Forecasting To 2022

Wiseguyreports.Com Adds “Machine Tools-Market Demand, Growth, Opportunities, Manufacturers, Analysis of Top Key Players and Forecast to 2022” To Its Research Database. Posted via Industry Today. Follow us on Twitter @IndustryToday

Hardinge Company Life and Culture

You may also be interested in