OverviewSuggest Edit
Meritor is a global supplier of drivetrain, mobility, braking, and aftermarket solutions for commercial vehicle and industrial markets. The company's principal products are axles, suspension systems, drivelines, and brakes. It serves commercial truck, trailer, military, bus and coach, construction, and other industrial OEMs and certain aftermarkets.
| Type | Public | |
| Founded | 1909 | |
| HQ | Troy, MI, US | Map |
| Website | meritor.com | |
| Employee Ratings | More | |
| Overall Culture | C- | More |
Recent NewsAll News
Key People/Management at Meritor
Carl Anderson
Timothy Bowes
Ken Hogan
Hannah Lim-Johnson
Jan A. Bertsch
Steven Beringhause
Meritor Office Locations
Meritor Financials and Metrics
Meritor Revenue
| USD | |
|---|---|
Revenue (Q2, 2020) | 871.0m |
Gross profit (Q2, 2020) | 114.0m |
Gross profit margin (Q2, 2020), % | 13.1% |
Net income (Q2, 2020) | 242.0m |
EBIT (Q2, 2020) | 310.0m |
Market capitalization (11-Jun-2021) | 1.9b |
Closing stock price (11-Jun-2021) | 25.8 |
Cash (31-Mar-2020) | 508.0m |
EV | 2.7b |
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 699.0m | 806.0m | 920.0m | 903.0m | 1.1b | 1.1b | 1.0b | 1.2b | 1.2b | 901.0m | 871.0m |
Cost of goods sold | 610.0m | 685.0m | 778.0m | 763.0m | 888.0m | 952.0m | 897.0m | 982.0m | 987.0m | 774.0m | 757.0m |
Gross profit | 89.0m | 121.0m | 142.0m | 140.0m | 178.0m | 177.0m | 141.0m | 174.0m | 179.0m | 127.0m | 114.0m |
Gross profit Margin, % | 13% | 15% | 15% | 16% | 17% | 16% | 14% | 15% | 15% | 14% | 13% |
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 125.0m | 138.0m | 231.0m | 116.0m | 100.0m | 100.0m | 127.0m | 98.0m | 111.0m | 108.0m | 508.0m |
Accounts Receivable | 332.0m | 442.0m | 500.0m | 456.0m | 581.0m | 609.0m | 539.0m | 636.0m | 625.0m | 478.0m | 466.0m |
Inventories | 334.0m | 338.0m | 360.0m | 427.0m | 455.0m | 466.0m | 522.0m | 530.0m | 491.0m | 556.0m | 529.0m |
Current Assets | 831.0m | 960.0m | 1.1b | 1.0b | 1.2b | 1.2b | 1.2b | 1.3b | 1.3b | 1.2b | 1.5b |
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | 41.0m | 283.0m | |||||||||
Depreciation and Amortization | 24.0m | 50.0m | |||||||||
Cash From Operating Activities | (14.0m) | 30.0m | 136.0m | 33.0m | 72.0m | 191.0m | 11.0m | 51.0m | 194.0m | (19.0m) | 290.0m |
Capital Expenditures | (17.0m) | (40.0m) | (52.0m) | (18.0m) | (35.0m) | (52.0m) | (23.0m) | (44.0m) | (63.0m) | (16.0m) | (33.0m) |
| USD | Q1, 2017 |
|---|---|
Debt/Equity | -5.4 x |
Debt/Assets | 0.4 x |
Financial Leverage | -12.9 x |
Meritor Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| AxleTech International Holding Co | May 08, 2019 | $175 m |
| AA Gear & Manufacturing Inc. | April 30, 2018 | |
| Trucktechnic | July 07, 2008 | |
| Mascot Truck Parts | December 14, 2007 | |
| Arvin Canada Holding Limited | ||
| Arvin Environmental Management | ||
| Arvin European Holdings (UK) Limited | ||
| Arvin European Holdings (UK) Limited French Branch | ||
| Arvin Finance | ||
| Arvin Holdings Netherlands B.V. |
Meritor Revenue Breakdown
Meritor revenue breakdown by business segment: 71.2% from Commercial Truck and 28.8% from Aftermarket, Industrial and Trailer
Meritor revenue breakdown by geographic segment: 59.8% from U.S., 5.7% from Mexico, 6.3% from Sweden, 5.3% from Italy, 5.7% from Brazil and 17.3% from Other
Meritor Cybersecurity Score
Meritor Environment, Social & Governance (ESG) Ratings
Meritor Online and Social Media Presence
9.82k Twitter followers
Meritor has 9.82k Twitter Followers. The number of followers has decreased 0.5% month over month and decreased 0.4% quarter over quarter
Meritor's Trends
Twitter Engagement Stats for @Meritor
11.9k
Tweets
1.2k
Following
9.8k
Followers
14
Tweets last 30 days
2
Avg. likes per Tweet
78.6%
Tweets with engagement
Meritor Company Culture
Overall Culture
C-
66/100
CEO Rating
C-
68/100
Compensation
B-
74/100
Meritor News and Updates
Meritor Reports Second-Quarter Fiscal Year 2021 Results
Meritor Selected by Hexagon Purus to Supply Electric Powertrains
Meritor Launches Xact Search Tool for Trailer Axle Components
Meritor Consortium Awarded £15.9 Million toward £31.9 Million Project to Develop United Kingdom's Low Carbon Capability
Meritor Reports First-Quarter Fiscal Year 2021 Results
Meritor to Begin Commercial Electric Powertrain Production in 2021
Meritor Frequently Asked Questions
When was Meritor founded?
Meritor was founded in 1909.
Who are Meritor key executives?
Meritor's key executives are Carl Anderson, Timothy Bowes and Ken Hogan.
How many employees does Meritor have?
Meritor has 9,100 employees.
What is Meritor revenue?
Latest Meritor annual revenue is $4.4 b.
What is Meritor revenue per employee?
Latest Meritor revenue per employee is $482.2 k.
Who are Meritor competitors?
Competitors of Meritor include ZYNP, SAF-HOLLAND and Hendrickson.
Where is Meritor headquarters?
Meritor headquarters is located at 2135 W Maple Rd, Troy.
Where are Meritor offices?
Meritor has offices in Troy, Chicago, Fletcher, Florence and in 36 other locations.
How many offices does Meritor have?
Meritor has 40 offices.
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