Meritor, Inc. is a leading global supplier of drivetrain, mobility, braking and aftermarket solutions for commercial vehicle and industrial markets. With more than a 100-year legacy of providing innovative products that offer superior performance, efficiency and reliability, the company serves commercial truck, trailer, off-highway, defense, specialty and aftermarket customers around the world. Meritor is based in Troy, Mich., United States, and is made up of more than 9,000 diverse employees who apply their knowledge and skills in manufacturing facilities, engineering centers, joint ventures, distribution centers and global offices in 18 countries. Common stock is traded on the New York Stock Exchange under the ticker symbol MTOR.
Company Growth (employees)
Troy, US
Size (employees)
8,200 (est)+3%
Meritor was founded in 1909 and is headquartered in Troy, US

Meritor Office Locations

Meritor has an office in Troy
Troy, US (HQ)
2135 W Maple Rd
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Meritor Financials and Metrics

Meritor Financials

Meritor's revenue was reported to be $3.3 b in FY, 2017

Revenue (Q1, 2018)

903 m

Gross profit (Q1, 2018)

140 m

Gross profit margin (Q1, 2018), %


Net income (Q1, 2018)

(34 m)

EBIT (Q1, 2018)

70 m

Market capitalization (16-Feb-2018)

2.3 b

Cash (31-Dec-2017)

116 m


2.9 b
Meritor's current market capitalization is $2.3 b.
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017


3.7 b3.8 b3.5 b3.2 b3.3 b

Revenue growth, %


Cost of goods sold

4.1 b3.9 b3.3 b3.3 b3 b2.8 b2.9 b

Gross profit

395 m487 m462 m436 m484 m
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018


879 m864 m909 m809 m821 m841 m699 m806 m920 m903 m

Cost of goods sold

764 m749 m785 m705 m700 m714 m610 m685 m778 m763 m

Gross profit

115 m115 m124 m104 m121 m127 m89 m121 m142 m140 m

Gross profit Margin, %

USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017


343 m217 m257 m318 m247 m193 m160 m88 m


414 m379 m338 m316 m378 m

Current Assets

1.4 b1.3 b1 b905 m1.3 b


434 m431 m402 m390 m414 m
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018


300 m233 m303 m214 m207 m345 m128 m94 m129 m125 m138 m231 m116 m


432 m436 m441 m379 m365 m365 m367 m362 m335 m334 m338 m360 m427 m

Current Assets

1.3 b1.3 b1.4 b1.2 b1.2 b1.3 b906 m935 m939 m831 m960 m1.1 b1 b


436 m437 m439 m423 m414 m420 m399 m399 m392 m383 m385 m391 m414 m
    USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

    Net Income

    65 m575 m328 m


    378 m

    Cash From Operating Activities

    204 m176 m

    Capital Expenditures

    (54 m)(77 m)(79 m)(93 m)(95 m)
    USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

    Net Income

    13 m3 m234 m30 m43 m14 m27 m32 m42 m16 m23 m


    365 m367 m362 m335 m334 m338 m
      USDY, 2017


      41.6 x


      16.5 x


      35.9 x


      110.1 k

      Financial Leverage

      9.3 x
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      Meritor Market Value History

      Meritor Median Salaries

      Source: 31 public H-1B filings from Meritor

      Meritor's Web-traffic and Trends

      Meritor Online and Social Media Presence

      Meritor News and Updates

      Meritor announces its P600 Tridem is the only axle ranked in OEM Off-Highway Magazine’s Top 10 New Products of 2017

      Meritor, Inc. today announced its P600 tridem planetary axle ranked as one of OEM Off-Highway magazine’s Top 10 New Products of 2017, surpassing almost 5,000 products and services from more than 1,800 global companies listed in the magazine’s Component Directory. The P600 is the only axle to reach t…

      Meritor reports fourth-quarter and fiscal year 2017 results

      Meritor, Inc. (NYSE:MTOR) today reported financial results for its fourth quarter and full fiscal year ended Sept. 30, 2017. Fourth-Quarter Highlights Sales were $922 million. Net income attributable to Meritor and net income from continuing operations attributable to Meritor were each $239 million.…

      Truck Platooning Systems 2017 Global Market Outlook,Research,Trends and Forecast to 2022

      WiseGuyReports.Com Publish a New Market Research Report On - “Truck Platooning Systems 2017 Global Market Outlook,Research,Trends and Forecast to 2022”. Posted via Industry Today. Follow us on Twitter @IndustryToday

      Meritor announces new West Coast aftermarket distribution center

      Meritor, Inc. today announced the opening of its West Coast Aftermarket Distribution Center in Santa Fe Springs, California to fulfill aftermarket orders from warehouse distributors and dealers in 13 states. “As part of our ongoing efforts to exceed customer expectations, the new center will simplif…

      Meritor® Launches 79000 Axle for Transit Bus Segment

      Meritor, Inc. (NYSE: MTOR) announced today the launch of its next generation 79000 single-reduction drive axle for transit buses with a lifespan three times longer than previous offerings. It is available to OEMs in early 2018. “Our new 79000 axle was specifically developed and validated for the Nor…

      Meritor announces notice of redemption of all of its outstanding 6.750% notes due 2021

      Meritor, Inc. today announced that it has issued a notice of redemption for all of the outstanding $175,000,000 aggregate principal amount of its 6.750% notes due 2021 (the “Notes”). The redemption date is Nov. 2, 2017 (“Redemption Date”), and the redemption price will be equal to $1,033.75 per $1,0…
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      Meritor Company Life and Culture

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