Magnelab Competitors and Similar CompaniesClear all

Magnelab's competitors and similar companies include HICO America, CHINT, Wabtec and TTM Technologies.

	Magnelab Magnelab designs and manufactures high-quality custom and standard magnetic components.	HICO America HICO America is a company that specializes in various types of power transformers.	CHINT CHINT Group (正泰集团股份有限公司) is a company that manufactures low-voltage electrical appliances, power transmission, and distribution equipment.	Wabtec Wabtec (also known as Westinghouse Air Brake Technologies) is a company that manufactures train control equipment and systems.	TTM Technologies TTM Technologies is a manufacturer of RF components and printed circuit boards (PCBs).
Founding Date	Founding Date 1968	Founding Date 1969	Founding Date 1984	Founding Date 1869	Founding Date 1998
Type	Type Private	Type Subsidiary	Type Private	Type Public	Type Public
Tags	Tags Manufacturing & Industrial electronic components electronics	Tags Manufacturing & Industrial batteries electronics energy services energy storage routers & switches solar	Tags Manufacturing & Industrial appliances electronic components electronics	Tags Manufacturing & Industrial electronic components electronics	Tags Manufacturing & Industrial electronic components electronics
Locations	Locations Longmont, US HQ	Locations Pittsburgh, US HQ Brea, US Greensburg, US	Locations Shanghai, CN HQ Adelaide, AU Phnom Penh, KH Wenzhou, CN Prague, CZ Quito, EC Giza, EG see more	Locations Pittsburgh, US HQ Greensburg, US Houston, US Wilmerding, US	Locations Santa Ana, US HQ Toronto, CA Dongguan, CN Guangzhou, CN Huizhou, CN Suzhou, CN Zhongshan, CN see more
Employees	Employees 20	Employees 2013% decrease	Employees 50,00025% increase	Employees 29,5002% increase	Employees 18,20011% increase
Valuation ($)	Valuation ($) N/A	Valuation ($) N/A	Valuation ($) N/A	Valuation ($) 32.7 b	Valuation ($) 2 b
Financial
Revenue (est.)	Revenue (est.) N/A	Revenue (est.) N/A	Revenue (est.) ¥113.5b (FY, 2024)	Revenue (est.) $11.2b (FY, 2025)	Revenue (est.) $2.9b (FY, 2025)
Cost of goods	Cost of goods N/A	Cost of goods N/A	Cost of goods ¥91.4b (FY, 2024)	Cost of goods $7.4b (FY, 2025)	Cost of goods $2.3b (FY, 2025)
Gross profit	Gross profit N/A	Gross profit N/A	Gross profit ¥22.2b (FY, 2024)	Gross profit $3.8b (FY, 2025)	Gross profit $601.7m (FY, 2025)
Net income	Net income N/A	Net income N/A	Net income ¥5.8b (FY, 2024)	Net income $1.2b (FY, 2025)	Net income $177.4m (FY, 2025)
Operating ⚠
Countries	Countries N/A	Countries N/A	Countries 140 (Aug, 2024)	Countries 50 (FY, 2020)	Countries 50 (Q1, 2024)
Customers	Customers N/A	Customers N/A	Customers N/A	Customers 500 (FY, 2020)	Customers 1.5 k (Q1, 2024)