Tower International

Tower International is a leading integrated global manufacturer of engineered structural metal components and assemblies primarily serving automotive original equipment manufacturers.

With a dynamic workforce of 8,000 colleagues on four continents, Tower International offers exceptional opportunities for achievement and career growth. 

A collaborative spirit and shared vision are foundations for Tower's values-based culture. Our values are demonstrated daily by colleagues throughout the world, providing a positive working environment in a fast-paced, high-energy industry.
Company Growth (employees)
Type
Public
HQ
Livonia, US
Founded
1993
Size (employees)
7,900 (est)
Tower International was founded in 1993 and is headquartered in Livonia, US

Tower International Office Locations

Tower International has offices in Livonia, Chicago, Meridian, Cologne and in 6 other locations
Livonia, US (HQ)
400e 17672 N Laurel Park Dr
Show all (10)

Tower International Data and Metrics

Tower International Financial Metrics

Tower International's revenue was reported to be $497.6 m in Q1, 2017
USD

Revenue (Q1, 2017)

497.6 m

Gross profit (Q1, 2017)

56.8 m

Gross profit margin (Q1, 2017), %

11%

Net income (Q1, 2017)

17.4 m

EBIT (Q1, 2017)

23.5 m

Market capitalization (22-Aug-2017)

466.1 m

Cash (31-Mar-2017)

27.5 m
Tower International's current market capitalization is $466.1 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

2.1 b2.1 b2 b1.9 b

Revenue growth, %

(2%)(5%)(2%)

Cost of goods sold

1.9 b1.8 b1.7 b1.7 b

Gross profit

243.5 m229.2 m218.5 m238.4 m

Gross profit Margin, %

12%11%11%12%

General and administrative expense

131.6 m

Operating expense total

131.6 m

EBIT

86.4 m80.8 m79 m101 m

EBIT margin, %

4%4%4%5%

Interest expense

52.1 m34.8 m24.3 m21.6 m

Interest income

1.2 m534 k642 k614 k

Income tax expense

2.1 m9.3 m

Net Income

(16.1 m)27.1 m195.8 m39.3 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

576.6 m522.6 m496.6 m490.3 m475.2 m511.5 m505.1 m457 m497.6 m

Cost of goods sold

512.1 m469.9 m440.1 m427.9 m422.4 m453.6 m443 m396.8 m440.8 m

Gross profit

64.4 m52.7 m56.5 m62.3 m52.8 m57.9 m62.1 m60.2 m56.8 m

Gross profit Margin, %

11%10%11%13%11%11%12%13%11%

General and administrative expense

31.8 m34.3 m31.5 m31.8 m32.2 m33.9 m32.1 m31.2 m29.2 m

Operating expense total

31.8 m34.3 m31.5 m31.8 m32.2 m33.9 m32.1 m31.2 m29.2 m

EBIT

27.2 m16.8 m23.9 m25 m19.5 m23.1 m29.1 m27.7 m23.5 m

EBIT margin, %

5%3%5%5%4%5%6%6%5%

Interest expense

7.4 m7.4 m7.9 m4 m6.3 m7.6 m5 m5.6 m453 k

Interest income

385 k356 k125 k101 k167 k242 k40 k40 k47 k

Income tax expense

3 m2.1 m2.1 m2.4 m1.6 m3.7 m6 m4.2 m6.5 m

Net Income

14.1 m19.1 m16.9 m8.4 m18.3 m17.4 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

134.9 m148.6 m142.6 m62.8 m

Accounts Receivable

26.8 m

Inventories

81.3 m69.8 m70.6 m71.7 m

Current Assets

525.4 m638.9 m535.7 m518 m

PP&E

549.6 m451.1 m473.2 m465.6 m

Goodwill

67 m56.7 m59.3 m56.4 m

Total Assets

1.2 b1.2 b1.2 b1.2 b

Accounts Payable

262.4 m257 m297.7 m258.1 m

Current Liabilities

431.3 m461.6 m436 m459.7 m

Non-Current Liabilities

614.8 m621.5 m572.8 m488.9 m

Total Liabilities

1 b1.1 b1 b948.6 m

Additional Paid-in Capital

328 m335.3 m337.9 m340.6 m

Retained Earnings

(257.5 m)(236 m)(44 m)(14 m)

Total Equity

136.9 m206.7 m213.9 m

Financial Leverage

8.6 x5.9 x5.4 x
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

169.2 m126.4 m130.7 m136 m115 m74.8 m51.8 m47.2 m27.5 m

Inventories

92.2 m92 m72.5 m71.5 m79.2 m76.5 m70.6 m77.4 m75.5 m

Current Assets

656 m609.3 m672.7 m684.4 m684.2 m518 m574.5 m605.5 m587.5 m

PP&E

559.2 m536 m412.3 m426.3 m435.6 m495.2 m461.5 m452.5 m472.5 m

Goodwill

66.9 m61.7 m50.3 m52.2 m60.9 m61.8 m59.9 m60.2 m57.8 m

Total Assets

1.3 b1.2 b1.2 b1.2 b1.2 b1.2 b1.2 b1.2 b1.2 b

Accounts Payable

335 m306.7 m266.9 m286.6 m305.4 m314.5 m296.7 m292.2 m280.1 m

Current Liabilities

531.7 m478.6 m478.9 m478.7 m500.1 m483 m481.5 m489.9 m489.9 m

Non-Current Liabilities

621.1 m607.4 m590 m587.6 m579.7 m521.4 m530.7 m547.3 m518.9 m

Additional Paid-in Capital

332.6 m334.2 m336.2 m336.8 m337.3 m338.4 m338.9 m339.5 m342.1 m

Retained Earnings

(226.5 m)(215.4 m)(221.9 m)(203.3 m)(187 m)(37.8 m)(44.7 m)(28.7 m)

Total Equity

167.4 m158.3 m98 m118.8 m123.2 m219.1 m210.8 m209.6 m236.9 m

Financial Leverage

7.9 x7.9 x11.9 x10 x9.8 x5.6 x5.8 x5.9 x5.3 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

(16.1 m)27.1 m195.8 m39.3 m

Depreciation and Amortization

2.8 m1.5 m249 k72.5 m

Cash From Operating Activities

20.9 m13.7 m(5.9 m)

Interest Paid

47.2 m26.5 m20.7 m18.8 m

Income Taxes Paid

11.2 m9.9 m7.7 m7.6 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

14.1 m19.1 m16.9 m8.4 m18.3 m17.4 m

Depreciation and Amortization

667 k220 k249 k116 k116 k112 k103 k

Inventories

92.2 m92 m72.5 m71.5 m79.2 m76.5 m70.6 m77.4 m75.5 m

Accounts Payable

335 m306.7 m266.9 m286.6 m305.4 m314.5 m296.7 m292.2 m280.1 m
USDY, 2017

Revenue/Employee

63 k

Financial Leverage

5.3 x

Tower International Market Value History

Traffic Overview of Tower International

Tower International Company Life and Culture

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