Harman International Industries engages in the development, manufacture and marketing of audio products and electronic systems. The Company's Automotive segment designs, manufactures and markets audio, electronic and infotainment systems for vehicle applications to be installed primarily as original equipment by automotive manufacturers. Its Consumer segment engages in the design, manufacture and marketing of audio and consumer electronics for home, multimedia and mobile applications. The Company's Professional segment designs, manufactures and markets loudspeakers, power amplifiers, digital signal processors, microphones and mixing consoles used by audio professionals in concert halls, stadiums, houses of worship and other public spaces. Additionally, Harman International Industries offers real-time operating system software, middleware, development tools and consulting services for various markets, including automotive, industrial control and automation, medical, networking and telecommunications, and security and defense.
Key People/Management at Harman International
Dinesh Paliwal
Sandra Rowland
Paula Davis
Sanjay Dhawan
Phil Eyler
Ralph Santana
Harman International Office Locations
Harman International Financials and Metrics
Harman International Summary
Investors | Bessemer Venture Partners |
Harman International Financials
| USD | FY, 2011 | FY, 2012 | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|---|---|
Revenue | 5.3 b | 6.2 b | 6.9 b | |||
Revenue growth, % | 15% | 12% | ||||
Cost of goods sold | 3.9 b | 4.3 b | 4.8 b | |||
Gross profit | 1.5 b | 1.8 b | 2.1 b |
| USD | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 |
|---|---|---|---|---|---|---|---|---|---|
Revenue | 1.4 b | 1.4 b | 1.6 b | 1.5 b | 1.6 b | 1.8 b | 1.6 b | 1.8 b | 1.9 b |
Cost of goods sold | 1 b | 1 b | 1.1 b | 1 b | 1.1 b | 1.2 b | 1.1 b | 1.2 b | 1.3 b |
Gross profit | 364.8 m | 414.6 m | 493.2 m | 418.1 m | 487.4 m | 545.1 m | 492.9 m | 541.3 m | 608 m |
Gross profit Margin, % | 26% | 29% | 31% | 29% | 30% | 31% | 30% | 31% | 31% |
| USD | Y, 2010 | Y, 2011 | Y, 2012 | Y, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|---|---|---|
Cash | 645.6 m | 603.9 m | 617.4 m | 454.3 m | 581.3 m | 649.5 m | 602.3 m |
Inventories | 662.1 m | 693.6 m | 706.1 m | ||||
Current Assets | 2.5 b | 2.9 b | 2.9 b | ||||
PP&E | 509.9 m | 552.4 m | 593.3 m |
| USD | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 |
|---|---|---|---|---|---|---|---|---|---|
Cash | 566.9 m | 397.8 m | 510.3 m | 592.4 m | 402.2 m | 437.5 m | 360.4 m | 511.7 m | 683.4 m |
Inventories | 655 m | 745.7 m | 724.2 m | 726.4 m | 846.3 m | 875.4 m | 840.2 m | 831.9 m | 787.6 m |
Current Assets | 2.5 b | 2.4 b | 2.5 b | 2.7 b | 2.9 b | 2.9 b | 2.8 b | 3 b | 3.3 b |
PP&E | 445.1 m | 491.1 m | 475.2 m | 462.9 m | 547.1 m | 555.3 m | 576.8 m | 595.3 m | 579 m |
| USD | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|
Net Income | 234.6 m | 343 m | 362.5 m |
Inventories | (67.4 m) | (89.2 m) | |
Accounts Payable | 148 m | 273.6 m | |
Cash From Operating Activities | 592.1 m | 552.6 m |
| USD | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 |
|---|---|---|---|---|---|---|---|---|---|
Net Income | 73.4 m | 82.9 m | 116.2 m | 70.2 m | 87.5 m | 113.2 m | 88.8 m | 103.1 m | 99.4 m |
Inventories | 655 m | 745.7 m | 724.2 m | 726.4 m | 846.3 m | 875.4 m | 840.2 m | 831.9 m | 787.6 m |
Accounts Payable | 664.7 m | 746.5 m | 789.9 m | 809.8 m | 870.4 m | 882.4 m | 782 m | 940.4 m | 1 b |
