Spartan Motors designs, engineers and manufactures specialty chassis, specialty vehicles, truck bodies and aftermarket parts for the recreational vehicle (RV), emergency response (ER), government services, defense, and delivery and service markets. The Company employs a customer-centric methodology that fosters innovation, speed and agility.
Type
Public
HQ
Charlotte, US
Founded
1975
Size (employees)
2,340 (est)
Spartan Motors was founded in 1975 and is headquartered in Charlotte, US
Report incorrect company information

Spartan Motors Office Locations

Spartan Motors has an office in Charlotte
Charlotte, US (HQ)
1541 Reynolds Rd
Show all (1)
Report incorrect company information

Spartan Motors Financials and Metrics

Spartan Motors Financials

Spartan Motors's revenue was reported to be $707.10 m in FY, 2017
USD

Revenue (FY, 2017)

707.1 m

Gross profit (FY, 2017)

89.4 m

Gross profit margin (FY, 2017), %

12.6%

Net income (FY, 2017)

15.9 m

EBIT (FY, 2017)

16.2 m

Market capitalization (18-Apr-2018)

597.6 m

Cash (31-Dec-2017)

33.5 m

EV

564.2 m
Spartan Motors's current market capitalization is $597.6 m.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

469.5 m506.8 m550.4 m590.8 m707.1 m

Revenue growth, %

8%9%7%

Cost of goods sold

442.9 m502.8 b518.1 m617.7 m

Gross profit

63.9 m(502.2 b)72.7 m89.4 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Revenue

126.1 m128 m115.8 m144.2 m128.4 m144.8 m136.6 m133.7 m162.5 m148.7 m167.1 m169.7 m189.2 m

Cost of goods sold

109.9 m115.2 m101.1 m124.1 m114.3 m127.3 m123.8 m117.9 m141.7 m130.6 m150.5 m150.2 m160.6 m

Gross profit

16.1 m12.7 m14.7 m20.2 m14 m17.6 m12.8 m15.8 m20.8 m18.1 m16.5 m19.5 m28.7 m

Gross profit Margin, %

13%10%13%14%11%12%9%12%13%12%10%11%15%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

30.7 m28.6 m32.7 m32 m33.5 m

Accounts Receivable

Inventories

81.4 m71.2 m60.6 m58.9 m77.7 m

Current Assets

170.7 m161.3 m158.3 m162.2 m198.8 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Cash

20 m27.2 m29.7 m28.5 m12 m20.6 m20.9 m36.8 m39.8 m40 m35.4 m21.2 m21.9 m

Inventories

82.4 m75.4 m84.4 m73.7 m85.1 m69.9 m78.5 m71.2 m59.8 m68 m109.2 m88.4 m95.1 m

Current Assets

166.9 m171.2 m176.5 m172.5 m181.8 m166.5 m175.5 m175.2 m174.4 m182.2 m214.1 m197.6 m215.1 m

PP&E

55.9 m53.2 m52.2 m51.1 m50.2 m49.5 m47.8 m47.4 m49.9 m51 m58.1 m57.1 m56 m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

(6 m)1 m(17.5 m)8.6 m15.9 m

Depreciation and Amortization

9.2 m8.4 m7.4 m7.9 m9.9 m

Inventories

(14 m)10.3 m10.6 m1.7 m42.9 m

Accounts Payable

7.5 m(7.8 m)4.6 m4 m5.4 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

(3 m)(2.1 m)230 k3.2 m(2.9 m)1.2 m(5.8 m)543 k4.4 m2.7 m(1.1 m)

Depreciation and Amortization

6.9 m

Inventories

(14.8 m)84.4 m73.7 m85.1 m69.9 m78.5 m71.2 m109.2 m

Accounts Payable

9.9 m35.2 m29.2 m46.3 m30.5 m38.9 m41.3 m38.7 m44.1 m35.9 m
USDY, 2017

EV/EBIT

34.9 x

EV/CFO

25.6 x

Revenue/Employee

302.2 k

Financial Leverage

1.8 x
Show all financial metrics

Spartan Motors Operating Metrics

FY, 2014FY, 2015FY, 2016

Backlog (Delivery and Service Vehicles)

$60.63 m$96.12 m$89.55 m

Backlog (Emergency Response Vehicles)

$160.74 m$156.27 m$139.87 m

Trademarks (US)

26 25 31

Warehouses (sq. feet)

225.50 k165.70 k160.70 k
Show all operating metrics
Report incorrect company information