Altra Industrial Motion Corp (OQ:AIMC)

Sector:  Industrials Industry:  Industrial Machinery & Equipment
See Regulatory Filings on SEC
Company Contact
Address: 300 Granite St Ste 201
BRAINTREE MA 02184-3950
Tel: N/A
IR: See website
Key People
Carl R. Christenson
Chairman of the Board, Chief Executive Officer
Christian Storch
Vice President, Chief Financial Officer
Todd B. Patriacca
Vice President - Finance, Corporate Controller, Treasurer
Craig Schuele
Vice President - Marketing and Business Development
Glenn E. Deegan
Vice President - Legal and Human Resources, General Counsel, Secretary
Gerald P. Ferris
Vice President - Global Sales
Business Overview
Altra Industrial Motion Corp. is a designer, producer and marketer of a range of mechanical power transmission (MPT) components. The Company operates through three segments: Couplings, Clutches and Brakes; Electromagnetic Clutches and Brakes, and Gearing. It manufactures a range of couplings suitable for various industrial and specialty applications. The Electromagnetic Clutches and Brakes segment products include brakes and clutches that are used to electronically slow, stop, engage or disengage equipment utilizing electromagnetic friction type connections. The Gearing segment product lines include vertical and horizontal gear drives, speed reducers and increasers, high-speed compressor drives, enclosed custom gear drives, various enclosed gear drive and gear motor configurations, and open gearing products, such as spur, helical, worm and miter/bevel gears. Its products are used to control and transmit power and torque in virtually any industrial application involving movement.
Financial Overview
For the 39 weeks ended 30 September 2019, Altra Industrial Motion Corp revenues increased 97% to $1.39B. Net income increased from $40.3M to $89.9M. Revenues reflect Automation & Specialty segment increase from $0K to $707.2M, Power Transmission Technologies segment increase from $240.4M to $688.5M, North America(primarily U.S) segment increase from $359.9M to $794.3M, Asia and other segment increase from $21.2M to $190.3M.
Employees: 9,300 as of Dec 31, 2018
Reporting Currency: U.S. Dollars
Enterprise value: $3,694M as of Sep 30, 2019
Annual revenue (TTM): $1,861M as of Sep 30, 2019
EBITDA (TTM): $332.74M as of Sep 30, 2019
Net annual income (TTM): $84.92M as of Sep 30, 2019
Free cash flow (TTM): $146.31M as of Sep 30, 2019
Net Debt Last Fiscal Year: $1,454M as of Sep 30, 2019
Shares outstanding: 64,571,214 as of Oct 25, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization