Harman International

HARMAN designs and engineers connected products and solutions for automakers, consumers, and enterprises worldwide, including connected car systems, audio and visual products, enterprise automation solutions; and connected services.  Our talented workforce and innovation strength create value for our stakeholders by enabling rich experiences through the connected car, connected enterprise and connected lifestyle.

Audiophiles from every generation call on HARMAN to deliver the best in sound in the studio and on the stage, at home and on the go. HARMAN’s portfolio of legendary audio brands includes AKG®, Harman Kardon®, Infinity®, JBL®, Lexicon®, Mark Levinson®and Revel®. More than 25 million vehicles on the road today enjoy an enhanced driving experience, thanks to HARMAN audio and infotainment. We extend the same spirit of innovation to the world’s leading performance and sporting venues, providing everyone with the best seats in the house.

Seizing the rich opportunities of today’s global markets requires more than legendary sound.

HARMAN has reshaped our organization and cost structure to make the Company more agile in a changing world and addressed the rising importance of highly integrated, software-rich products and services. Most importantly, our track record of innovation, which has distinguished HARMAN and its premium audio and infotainment brands for more than 60 years, continues.

Type
Subsidiary
Parent Company
Samsung Electronics (UK)
HQ
Stamford, US
Website
harman.com
Harman International is headquartered in Stamford, US

Key People at Harman International

Dinesh  Paliwal

Dinesh Paliwal

Chairman, President and CEO
Sandra  Rowland

Sandra Rowland

EVP & CFO
Marty  O’Brien

Marty O’Brien

VP & Chief Information Officer
Paula  Davis

Paula Davis

VP, Corporate Affairs and Communications
Sanjay  Dhawan

Sanjay Dhawan

EVP and President, Connected Services Division
Phil  Eyler

Phil Eyler

EVP and President, Connected Car Division
Herbert  Parker

Herbert Parker

EVP, Operational Excellence
Ralph  Santana

Ralph Santana

EVP & CMO
Chet  Simon

Chet Simon

VP, Internal Audit

Harman International Office Locations

Harman International has an office in Stamford
Stamford, US (HQ)
400 Atlantic Street

Harman International Metrics

Harman International Summary

Harman International is a subsidiary of Samsung Electronics (UK)

Harman International Financial Metrics

Harman International's revenue was reported to be $6.9 b in FY, 2016 which is a 12% increase from the previous period.
FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 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

Gross profit Margin, %

27%30%30%

EBIT

$329.7 m$469.6 m$580 m

EBIT margin, %

6%8%8%

Pre tax profit

$307.4 m$446.3 m$530.5 m

Net Income

$234.6 m$343 m$362.5 m
Y, 2010Y, 2011Y, 2012Y, 2013FY, 2014FY, 2015FY, 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

Goodwill

$541 m$1.3 b$1.5 b

Total Assets

$4.1 b$5.9 b$6.1 b

Accounts Payable

$697.6 m$918.9 m$867.3 m

Total Debt

$255 m$802.1 m$880.1 m

Current Liabilities

$1.5 b$2.1 b$1.8 b

Common Stock

$984 k$1 m$1 m

Preferred Stock

Additional Paid-in Capital

$1 b$1.4 b$1.4 b

Retained Earnings

$2 b$2.2 b$2.5 b

Total Equity

$1.8 b$2.4 b$2.5 b

Debt to Equity Ratio

0.1 x0.3 x0.4 x

Debt to Assets Ratio

0.1 x0.1 x0.1 x

Financial Leverage

2.3 x2.5 x2.5 x
FY, 2014FY, 2015FY, 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

Capital Expenditures

($157.1 m)($192.5 m)

Cash From Investing Activities

($612.1 m)($738.5 m)

Long-term Borrowings

($30 m)($552.3 m)

Cash From Financing Activities

$136.6 m$305.2 m

Free Cash Flow

$749.3 m$745.1 m

Harman International Job Categories

Harman International Median Salaries

Source: 50 public H-1B filings from Harman International

Harman International Online Presence

Harman International News

Harman International Company Life

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