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.
Type
Public
HQ
Livonia, US
Founded
1993
Size (employees)
7,900 (est)-4%
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 5 other locations
Livonia, US (HQ)
400e 17672 N Laurel Park Dr

Tower International Metrics

Tower International Financial Metrics

Revenue (2016)

$1.9 b

Revenue growth (2015-16), %

(2%)

Gross profit

$238.4 m

Gross profit margin (2016), %

12%

Net income (2016)

$39.3 m

Market capitalization (21-Mar-2017)

$596.7 m

Closing share price (21-Mar-2017)

$28

Cash (31-Dec-2016)

$62.8 m
Tower International's current market capitalization is $596.7 m.
Tower International's revenue was reported to be $1.9 b in FY, 2016 which is a 2.2% decrease from the previous period.
FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

$2.1 b$2.1 b$2 b$1.9 b

Revenue growth, %

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

Cost of goods sold

$1.9 b$1.8 b$1.7 b$1.7 b

Gross profit

$243.5 m$229.2 m$218.5 m$238.4 m

Gross profit Margin, %

12%11%11%12%

EBIT

$86.4 m$80.8 m$79 m$101 m

EBIT margin, %

4%4%4%5%

Interest income

$1.2 m$534 k$642 k$614 k

Net Income

($16.1 m)$27.1 m$195.8 m$39.3 m
FY, 2013FY, 2014FY, 2015FY, 2016

Cash

$134.9 m$148.6 m$142.6 m$62.8 m

Accounts Receivable

Inventories

$81.3 m$69.8 m$70.6 m$71.7 m

Current Assets

$525.4 m$638.9 m$535.7 m$518 m

PP&E

$549.6 m$451.1 m$473.2 m$465.6 m

Goodwill

$67 m$56.7 m$59.3 m$56.4 m

Total Assets

$1.2 b$1.2 b$1.2 b$1.2 b

Accounts Payable

$262.4 m$257 m$297.7 m$258.1 m

Current Liabilities

$431.3 m$461.6 m$436 m$459.7 m

Non-Current Liabilities

$614.8 m$621.5 m$572.8 m$488.9 m

Total Liabilities

$1 b$1.1 b$1 b$948.6 m

Additional Paid-in Capital

$328 m$335.3 m$337.9 m$340.6 m

Retained Earnings

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

Total Equity

$136.9 m$206.7 m$213.9 m

Financial Leverage

8.6 x5.9 x5.4 x
FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

($16.1 m)$27.1 m$195.8 m$39.3 m

Depreciation and Amortization

$2.8 m$1.5 m$249 k$449 k

Accounts Receivable

Inventories

Accounts Payable

Cash From Operating Activities

$20.9 m$13.7 m($5.9 m)

Interest Paid

$47.2 m$26.5 m$20.7 m$18.8 m

Income Taxes Paid

$11.2 m$9.9 m$7.7 m$7.6 m

Tower International Market Value History

Tower International Job Categories

Tower International Company Life

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