Altra Industrial Motion Corp (OQ:AIMC)

Business Focus: Industrial Machinery

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 26 weeks ended 30 June 2019, Altra Industrial Motion Corp revenues increased 99% to $949.3M. Net income increased from $28M to $64.2M. Revenues reflect Automation & Specialty segment increase from $0K to $482.4M, Power Transmission Technologies segment increase of 95% to $469.8M, North America(primarily U.S) segment increase from $244.7M to $542.8M, Asia and other segment increase from $21.2M to $125.9M.
Employees: 9,300 as of Dec 31, 2018
Reporting Currency: U.S. Dollars
Enterprise value: $3,309M as of Jun 30, 2019
Annual revenue (TTM): $1,647M as of Jun 30, 2019
EBITDA (TTM): $276.54M as of Jun 30, 2019
Net annual income (TTM): $71.53M as of Jun 30, 2019
Free cash flow (TTM): $104.59M as of Jun 30, 2019
Net Debt Last Fiscal Year: $1,508M as of Jun 30, 2019
Shares outstanding: 64,504,357 as of Jul 25, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization