Horizon Global

Horizon Global is a designer, manufacturer, and distributor of a wide variety of custom-engineered towing, trailering, cargo management and other related accessory products, serving the automotive aftermarket, retail, and original equipment channels. The Company's towing product category includes devices and accessories installed on a tow-vehicle for the purpose of attaching a trailer, camper, etc. such as hitches, fifth wheels, gooseneck hitches, weight distribution systems, wiring harnesses, draw bars, ball mounts, crossbars, towbars, security and other towing accessories. Trailering product category includes control devices and components of the trailer itself such as brake controls, jacks, winches, couplers, interior and exterior vehicle lighting and brake replacement parts. Cargo Management product category includes a wide variety of products used to facilitate the transportation of various forms of cargo, to secure that cargo or to organize items. Examples of these products are bike racks, roof cross bar systems, cargo carriers, luggage boxes, car interior protective products, rope, tie-downs, tarps, tarp straps, bungee cords, loading ramps and interior travel organizers. In addition, Horizon Global offers tubular push bars, side steps, sports bars, skid plates, oil pans and commercial brooms and brushes.

 

Company Growth (employees)
Type
Public
HQ
Troy, US
Founded
2015
Size (employees)
4,250 (est)+58%
Horizon Global was founded in 2015 and is headquartered in Troy, US

Horizon Global Office Locations

Horizon Global has an office in Troy
Troy, US (HQ)
2600 W Big Beaver Rd

Horizon Global Financials and Metrics

Horizon Global Financials

Horizon Global's revenue was reported to be $203.3 m in Q1, 2017
USD

Revenue (Q1, 2017)

203.3 m

Gross profit (Q1, 2017)

45.4 m

Gross profit margin (Q1, 2017), %

22%

Net income (Q1, 2017)

(10.2 m)

EBIT (Q1, 2017)

(660 k)

Market capitalization (20-Oct-2017)

438.4 m

Cash (31-Mar-2017)

30.2 m
Horizon Global's current market capitalization is $438.4 m.
USDFY, 2014FY, 2015FY, 2016

Revenue

611.8 m575.5 m649.2 m

Revenue growth, %

(6%)13%

Cost of goods sold

432.5 m488.9 m

Gross profit

143 m160.4 m
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

158.5 m153.3 m146.1 m167.8 m151.7 m203.3 m

Cost of goods sold

120.8 m115.6 m108.5 m122.1 m109.2 m157.9 m

Gross profit

37.8 m37.8 m37.6 m45.7 m42.5 m45.4 m

Gross profit Margin, %

24%25%26%27%28%22%
USDFY, 2016

Accounts Payable

6.8 m
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

18.7 m31 m41.4 m30.2 m

Inventories

115.6 m107.6 m100.8 m155.9 m

Current Assets

227.8 m234.1 m223.3 m304.4 m

PP&E

47.5 m46.4 m47.6 m99.8 m
USDFY, 2015FY, 2016

Net Income

8.3 m(12.7 m)

Depreciation and Amortization

17.1 m18.2 m

Accounts Receivable

(13.2 m)

Inventories

(30 k)10.7 m
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

3.7 m10 m2.2 m9.5 m9.9 m(10.2 m)

Depreciation and Amortization

8.8 m13.1 m4.4 m8.6 m13 m5.8 m

Accounts Payable

2.9 m(2.7 m)(10 m)

Cash From Operating Activities

(6.9 m)12.8 m(23.6 m)27.5 m(40.1 m)
USDY, 2017

Revenue/Employee

75.3 k

Financial Leverage

4.8 x
Show all financial metrics

Horizon Global Operating Metrics

FY, 2015FY, 2016Aug, 2017

Facilities

4864

Countries

122121

Manufacturing Facilities

11

Patents Issued

1 k
Show all operating metrics

Horizon Global Market Value History

Horizon Global Revenue Breakdown

Traffic Overview of Horizon Global

Horizon Global Online and Social Media Presence

Horizon Global Company Life and Culture

You may also be interested in