Meritor
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Meritor

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    • Automotiveauto parts
    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.
    Revenue(FY, 2017)
    $3.3 B
    Market capitalization(2018-04-18)
    $1.9 B
    Type
    Public
    HQ
    Troy, US
    Founded
    1909
    Size (employees)
    8,200 (est)+3%
    Website
    meritor.com
    Meritor was founded in 1909 and is headquartered in Troy, US
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    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 $3.35 b in FY, 2017
    USD

    Revenue (Q1, 2018)

    		903 m

    Gross profit (Q1, 2018)

    		140 m

    Gross profit margin (Q1, 2018), %

    		15.5%

    Net income (Q1, 2018)

    		(34 m)

    EBIT (Q1, 2018)

    		70 m

    Market capitalization (18-Apr-2018)

    		1.9 b

    Cash (31-Dec-2017)

    		116 m

    EV

    		2.6 b
    Meritor's current market capitalization is $1.9 b.
    Annual
    usdFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

    Revenue

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

    Revenue growth, %

    		3%(7%)(9%)

    Cost of goods sold

    		3.3 b3.3 b3 b2.8 b2.9 b

    Gross profit

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

    Revenue

    		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, %

    		13%13%14%13%15%15%13%15%15%16%
    show all
    Annual
    USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

    Cash

    		343 m217 m257 m318 m247 m193 m160 m88 m

    Accounts Receivable

    Inventories

    		414 m379 m338 m316 m378 m

    Current Assets

    		1.4 b1.3 b1 b905 m1.3 b
    Quarterly
    USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

    Cash

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

    Inventories

    		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

    Goodwill

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

    Net Income

    		65 m575 m328 m

    Inventories

    		378 m

    Accounts Payable

    Cash From Operating Activities

    		204 m176 m
    Quarterly
    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

    Inventories

    		365 m367 m362 m335 m334 m338 m
    show all
    USDY, 2017

    EV/EBIT

    		36.4 x

    EV/CFO

    		14.5 x

    EV/FCF

    		31.5 x

    Revenue/Employee

    		110.1 k

    Financial Leverage

    		9.3 x
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    Competitors

    Hirschmann Automotive
    Automotive - Private
    L&S Engineers
    Automotive - Private
    Treadsetters
    Automotive - Private
    Tyresonthedrive
    Automotive - Private
    Compare competitors

    Meritor News and Updates

    March 20, 2018

    Automotive Shock Absorber Market: 2018 Size, Share, Growth, Trends, Competitive Landscape, Growth Factors, Sales, and Regional Forecast To 2023

    Automotive Shock Absorber Market Analysis From 2018 To 2023 Research Report of 100 Pages added to MarketReserarchFuture Database. This study gives provides detailed analysis of Global Automotive Shock Absorber Market Size, Share, Trends, Sales, Demand, and Regional Forecast data up to 2023. Global A…
    February 09, 2018

    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…
    November 16, 2017

    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.…
    November 07, 2017

    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
    October 23, 2017

    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…
    October 09, 2017

    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…
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