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 6 other locations
Livonia, US (HQ)
400e 17672 N Laurel Park Dr

Tower International Data and Metrics

Tower International Financial Metrics

Tower International's revenue was reported to be $1.9 b in FY, 2016 which is a 2% decrease from the previous period.
USD

Revenue (FY, 2016)

1.9 b

Revenue growth (FY, 2015 - FY, 2016), %

(2%)

Gross profit (FY, 2016)

238.4 m

Gross profit margin (FY, 2016), %

12%

Net income (FY, 2016)

39.3 m

EBIT (FY, 2016)

101 m

Market capitalization (23-Jun-2017)

438.5 m

Closing share price (23-Jun-2017)

21.4

Cash (31-Dec-2016)

62.8 m
Tower International's current market capitalization is $438.5 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%

EBIT

86.4 m80.8 m79 m101 m

EBIT margin, %

4%4%4%5%

Interest income

1.2 m534 k642 k614 k

Net Income

(16.1 m)27.1 m195.8 m39.3 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

134.9 m148.6 m142.6 m62.8 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
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 k449 k

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
Y, 2016

Financial Leverage

5.4 x

Tower International Market Value History

Tower International Job Categories

Tower International Company Life and Culture

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