OverviewSuggest Edit

Meritor is a supplier of drivetrain, mobility, braking, and aftermarket solutions for commercial vehicle and industrial markets. The company provides axles, suspension systems, drivelines, and brakes. It serves commercial trucks, trailers, military, bus and coach, construction, and other industrial OEMs and certain aftermarkets.
HQTroy, MI, US
Employee Ratings3.6
Overall CultureC-

Latest Updates

Employees (est.) (Oct 2021)9,600(+12%)
Job Openings99
Revenue (FY, 2021)$3.8 B(+26%)
Share Price (May 2022)$36
Cybersecurity ratingBMore
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Key People/Management at Meritor

Chris Villavarayan

Chris Villavarayan

Chief Executive Officer and President, Director
Carl Anderson

Carl Anderson

Senior Vice President and Chief Financial Officer
Timothy Bowes

Timothy Bowes

Senior Vice President and President, Electrification, Industrial and North America Aftermarket
John Bennett

John Bennett

Vice President and Chief Technology Officer
Ken Hogan

Ken Hogan

Senior Vice President and President, Truck, Europe and Asia Pacific
John Nelligan

John Nelligan

Senior Vice President and President, Truck, Americas
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Meritor Office Locations

Meritor has offices in Troy, Chicago, Escondido, Fletcher and in 33 other locations
Troy, MI, US (HQ)
2135 W Maple Rd
Chicago, IL, US
1020 W 119th St
Escondido, CA, US
2057 Aldergrove Ave
Escondido, CA, US
2415 Auto Park Way
Fletcher, NC, US
1000 Rockwell Dr
Florence, KY, US
7975 Dixie Hwy
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Meritor Financials and Metrics

Meritor Revenue

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Meritor's revenue was reported to be $3.83 b in FY, 2021 which is a 25.9% increase from the previous period.

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Market capitalization (13-May-2022)


Closing stock price (13-May-2022)


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Meritor's current market capitalization is $2.5 b.
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USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

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-5.4 x


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Financial Leverage

-12.9 x
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Meritor Operating Metrics

FY, 2019FY, 2020FY, 2021



Facility Space, sq. ft.

11.1 m10.86 m

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Programs Launched

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Meritor Acquisitions / Subsidiaries

Company NameDateDeal Size
AxleTech International Holding CoMay 08, 2019$175 m
AA Gear & Manufacturing Inc.April 30, 2018
TrucktechnicJuly 07, 2008
Mascot Truck PartsDecember 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.
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Meritor Revenue Breakdown

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Meritor revenue breakdown by business segment: 25.2% from Aftermarket, Industrial and Trailer and 74.8% from Commercial Truck

Meritor revenue breakdown by geographic segment: 53.7% from U.S., 7.2% from Sweden, 6.3% from Italy, 5.1% from Mexico, 8.3% from Brazil and 19.5% from Other

Meritor Cybersecurity Score

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Meritor Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset


out of 100

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Meritor Online and Social Media Presence

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Meritor Company Culture

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Meritor News and Updates

: Meritor shares headed toward 24-year high after Cummins buys axle, braking and powertrain maker for $3.7 billion

Shares of Meritor Inc., a maker of axle, braking and electric powertrain components, were headed toward a 24-year high Tuesday, after the company announced a deal to be acquired by diesel truck engine maker Cummins Inc. for $3.7 billion in cash.

Cummins Buying Meritor In $3.7 Billion Deal, Accelerating Auto Supplier Consolidation

The deal will expand Cummins’ range of engine offerings and add axle and brake technology to its product line.

Meritor agrees to buyout bid at a 48% premium, that implies a $2.6 billion market cap

Commercial truck and industrial equipment maker Meritor Inc. announced an agreement to be acquired by Cummins Inc. in a cash deal valued $3.7 billion, including debt and acquired cash. Under terms of the deal, Cummins will pay $36.50 for each Meritor share outstanding, which represents a 48% premi…

Meritor Reports First-Quarter Fiscal Year 2022 Results

TROY, Mich., Feb. 3, 2022 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) today reported financial results for its first fiscal quarter that ended December 31, 2021. First-Quarter Highlights Sales of $984 million Net income attributable to Meritor and net income from continuing operations...

Meritor Announces Hydrogen Fuel Cell Electric Truck Development Program with Hexagon Purus

TROY, Mich., Dec. 7, 2021 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) today announced it will supply its Blue Horizon™ 14Xe™ ePowertrains to Hexagon Purus for a near-term development program with the intention of taking the program to production. Meritor's ePowertrain will be used in two...

Meritor to Begin Production of Commercial Vehicle ePowertrain

TROY, Mich., Dec. 7, 2021 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) today announced its 14Xe™ ePowertrain is now available and will be in production this month. As part of Meritor's Blue Horizon™ advanced technology portfolio, the 14Xe ePowertrain is a fully integrated, all-electric...
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Meritor Frequently Asked Questions

  • When was Meritor founded?

    Meritor was founded in 1909.

  • Who are Meritor key executives?

    Meritor's key executives are Chris Villavarayan, Carl Anderson and Timothy Bowes.

  • How many employees does Meritor have?

    Meritor has 9,600 employees.

  • What is Meritor revenue?

    Latest Meritor annual revenue is $3.8 b.

  • What is Meritor revenue per employee?

    Latest Meritor revenue per employee is $399.3 k.

  • Who are Meritor competitors?

    Competitors of Meritor include Dana, Tenneco Germany and Tenneco Automotive Operating.

  • Where is Meritor headquarters?

    Meritor headquarters is located at 2135 W Maple Rd, Troy.

  • Where are Meritor offices?

    Meritor has offices in Troy, Chicago, Escondido, Fletcher and in 33 other locations.

  • How many offices does Meritor have?

    Meritor has 38 offices.