Schaeffler

OverviewSuggest Edit

Schaeffler is a company that develops and manufactures high-precision components and systems in engine, transmission, and chassis applications, as well as rolling and plain bearing solutions for industrial applications. It offers technologies for vehicles with only an internal combustion engine and for hybrid and electric vehicles, as well as components and systems for rotary and linear movements, services, maintenance products, and monitoring systems. The company also provides repair solutions for the automotive spare parts market.
TypePublic
Founded1946
HQHirschaid, DE
Websiteschaeffler.com
Employee Ratings3.8

Latest Updates

Employees (est.) (Dec 2021)82,981
Job Openings857
Revenue (FY, 2021)€13.9 B(+10%)
Share Price (May 2022)€5.5(+2%)
Cybersecurity ratingBMore
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Key People/Management at Schaeffler

Klaus Rosenfeld

Klaus Rosenfeld

Chief Executive Officer
Uwe Wagner

Uwe Wagner

Chief Technology Officer
Claus Bauer

Claus Bauer

Chief Financial Officer
Andreas Schick

Andreas Schick

Chief Operating Officer
Corinna Schittenhelm

Corinna Schittenhelm

Chief Human Resources Officer
Jens Schüler

Jens Schüler

CEO Automotive Aftermarket
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Schaeffler Office Locations

Schaeffler has offices in Hirschaid, Bühl, Clausthal-Zellerfeld, Eltmann and in 142 other locations
Hirschaid, DE (HQ)
Industriestraße 1
Bühl, DE
Dr.-Georg-Schaeffler-Straße 25
Bühl, DE
Industriestraße 3
Bühl, DE
Industriestraße 3 / Delivery at, Dr.-Georg-Schaeffler-Straße 25
Clausthal-Zellerfeld, DE
Sachsenweg 7
Eltmann, DE
Industriestraße 2
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Schaeffler Financials and Metrics

Schaeffler Revenue

Schaeffler's revenue was reported to be €13.85 b in FY, 2021
EUR

Revenue (FY, 2021)

13.9b

Gross profit (FY, 2021)

4.6b

Net income (FY, 2021)

775.0m

EBITDA (FY, 2021)

2.2b

EBIT (FY, 2021)

1.2b

Market capitalization (12-May-2022)

3.8b

Closing stock price (12-May-2022)

5.5

Cash (31-Dec-2021)

1.8b

EV

5.9b
Schaeffler's current market capitalization is €3.8 b.
Annual
EURFY, 2018FY, 2019FY, 2020FY, 2021

Revenue

14.2b14.4b12.6b13.9b

Cost of goods sold

(9.7b)(9.9b)(8.4b)(9.4b)

Gross profit

4.6b4.6b4.3b4.6b

R&D expense

(847.0m)(849.0m)(758.0m)(748.0m)
Quarterly
EURQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Revenue

3.6b3.6b3.6b3.3b2.3b3.4b3.6b3.5b3.3b

Cost of goods sold

(2.5b)(2.5b)(2.5b)(2.0b)(1.7b)(2.3b)(2.4b)(2.4b)(2.3b)

Gross profit

1.2b1.2b1.2b1.3b597.0m1.1b1.2b1.2b1.1b

R&D expense

(229.0m)(215.0m)(202.0m)(208.0m)(179.0m)(187.0m)(192.0m)(184.0m)(181.0m)
Annual
EURFY, 2018FY, 2019FY, 2020FY, 2021

Cash

801.0m668.0m1.8b1.8b

Accounts Receivable

2.0b2.1b2.2b2.3b

Prepaid Expenses

102.0m89.0m61.0m46.0m

Inventories

2.2b2.1b1.9b2.5b
Quarterly
EURQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Cash

2.1b559.0m648.0m629.0m919.0m1.2b1.9b1.8b2.0b

Accounts Receivable

2.2b2.2b2.2b2.0b1.7b2.2b2.3b2.3b2.2b

Prepaid Expenses

113.0m82.0m93.0m69.0m64.0m49.0m55.0m58.0m60.0m

Inventories

2.3b2.3b2.3b2.2b2.2b2.0b2.1b2.3b2.4b
Annual
EURFY, 2018FY, 2019FY, 2020FY, 2021

Net Income

1.4b790.0m(143.0m)1.3b

Depreciation and Amortization

821.0m980.0m1.3b966.0m

Inventories

(166.0m)77.0m144.0m(552.0m)

Accounts Payable

63.0m(145.0m)13.0m311.0m
Quarterly
EURQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Net Income

230.0m483.0m795.0m(88.0m)(223.0m)(413.0m)388.0m743.0m1.0b

Depreciation and Amortization

242.0m479.0m725.0m493.0m735.0m1.0b238.0m480.0m721.0m

Inventories

(117.0m)(141.0m)(40.0m)(151.0m)(152.0m)39.0m(193.0m)(367.0m)(512.0m)

Accounts Payable

62.0m(55.0m)(137.0m)62.0m(332.0m)(78.0m)156.0m110.0m205.0m
EURFY, 2018

Revenue/Employee

154.0k
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Schaeffler Operating Metrics

FY, 2018FY, 2019FY, 2020FY, 2021

Countries

50

Invention Disclosures

3.45 k3.3 k2.29 k2.76 k

Manufacturing Locations

73707575

Research Centers

20202020

Schaeffler Acquisitions / Subsidiaries

Company NameDateDeal Size
XTRONIC GmbHMay 03, 2019
Elmotec StatomatJanuary 31, 2019
Compact Dynamics GmbHDecember 12, 2017
Naco Technologies LtdDecember 07, 2015
Schaeffler Friction Products GmbHFebruary 29, 2008
FAG KugelfischerDecember 20, 2001
BEGA International B.V.
CATENSYS Chain Drive (Nanjing) Co. Limited
CATENSYS Germany GmbH
CATENSYS Japan K.K.
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Schaeffler Revenue Breakdown

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Schaeffler revenue breakdown by business segment: 60.9% from AUTOMOTIVE, 25.8% from INDUSTRIAL and 13.3% from AUTOMOTIVE AFTERMARKET

Human Capital Metrics

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Schaeffler Cybersecurity Score

Cybersecurity ratingPremium dataset

B

83/100

SecurityScorecard logo

Schaeffler Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Schaeffler Online and Social Media Presence

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Schaeffler News and Updates

Schaeffler OPTIME™ Wins the Bearing Specialist Association's Manufacturer Excellence Award

FORT MILL, S.C., May 3, 2022 /PRNewswire/ -- Global industrial and automotive supplier Schaeffler was honored by the Bearing Specialists Association (BSA) with the 2021 "Bearing Manufacturer Excellence of Innovation in Product Design Award" for its breakthrough OPTIME condition monitoring...

Schaeffler strengthens bearings business and develops bearings for electromobility

Innovative bearing solutions play a key role in sustainable mobility by making powertrains and chassis systems more energy efficient. In electrified vehicles, every bit of energy saved translates into increased range. Vehicle developers are therefore looking closely at every bearing location as they…

Schaeffler and technology company PTC establish a strategic partnership

Schaeffler and PTC sign a memorandum of understanding: Uwe Wagner, Chief Technology Officer, Schaeffler AG (center), Rainer Eidloth, Senior Vice President R&D Processes, Methods & Tools at Schaeffler (right), Jim Heppelmann, President and CEO at PTC (left) and Kevin Wrenn, Executive Vice Pre…

PTC and Schaeffler Announce Strategic Alliance to Accelerate Digital Transformation Roadmap

BOSTON, Jan. 25, 2022 /PRNewswire/ -- PTC (NASDAQ: PTC) and global automotive and industrial supplier Schaeffler today announced a new alliance that will see Schaeffler standardize on PTC solutions to deploy an integrated, end-to-end IT landscape. Schaeffler will also inform PTC's efforts...

Schaeffler Group acquires Melior Motion GmbH and strengthens robotics business

The newest generation of planetary gearboxes by Melior Motion GmbH is ideally suited to high-precision industrial robots with medium to high payload capacity for applications such as welding, mounting, and applying adhesives and paints.

Hybrid system from Schaeffler subsidiary Compact Dynamics revolutionizes World Rally Championship

The hybrid era is beginning in the FIA World Rally Championship (WRC) this week at the Monte Carlo Rally (January 20–23). Through its subsidiary Compact Dynamics, the automotive and industrial supplier Schaeffler is once again playing a pioneering role and is equipping all the vehicles with an innov…
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Schaeffler Frequently Asked Questions

  • When was Schaeffler founded?

    Schaeffler was founded in 1946.

  • Who are Schaeffler key executives?

    Schaeffler's key executives are Klaus Rosenfeld, Uwe Wagner and Claus Bauer.

  • How many employees does Schaeffler have?

    Schaeffler has 82,981 employees.

  • What is Schaeffler revenue?

    Latest Schaeffler annual revenue is €13.9 b.

  • What is Schaeffler revenue per employee?

    Latest Schaeffler revenue per employee is €166.9 k.

  • Who are Schaeffler competitors?

    Competitors of Schaeffler include MinebeaMitsumi, igus and Nidec.

  • Where is Schaeffler headquarters?

    Schaeffler headquarters is located at Industriestraße 1, Hirschaid.

  • Where are Schaeffler offices?

    Schaeffler has offices in Hirschaid, Bühl, Clausthal-Zellerfeld, Eltmann and in 142 other locations.

  • How many offices does Schaeffler have?

    Schaeffler has 161 offices.