Company

Meritor, Inc.

Headquarters: Troy, MI, United States

Employees: 9,600

CEO: Mr. Chrishan Anthon Sebastian Villavarayan

show_chart NYSE: MTOR

Market Cap

$2.59 Billion

USD as of Aug. 1, 2022

history Market Cap History

Meritor, Inc. market capitalization over time

Evolution of Meritor, Inc. market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

history Market Cap History of Meritor, Inc.

Detailed Description

Meritor, Inc. designs, develops, manufactures, markets, distributes, sells, services, and supports integrated systems, modules, and components in North America, South America, Europe, and the Asia Pacific. It operates through two segments, Commercial Truck, and Aftermarket and Industrial. The company offers axles, including front steer and rear drive axles for medium- and heavy-duty commercial vehicles; heavy-duty trailer axles; suspension modules and brake products comprising drum and disc brakes; universal joints and driveline components; trailer air suspension systems and products; transfer cases and drivelines; and advanced suspension modules for use in light-, medium- and heavy-duty military tactical wheeled vehicles. It also provides air brakes, such as cam drum, wedge drum, and air disc brakes, as well as wheel-end components, including hubs, drums, and rotors to medium- and heavy-duty commercial vehicle manufacturers; and electric drive systems comprising electric motors and inverters, power electronics, battery pack, electrified accessories, and related software and controls for terminal tractors and medium and heavy-duty trucks and buses. In addition, the company sells other complementary products, including third-party and private label items, which include brake shoes and friction materials; automatic slack adjusters; yokes and shafts; wheel-end hubs and drums; ABS and stability control systems; shock absorbers and air springs; and air brakes. Meritor, Inc. sells its products under the Meritor, Euclid, Trucktechnic, US Gear, AxleTech, and Mach brands primarily to original equipment manufacturers, their parts marketing operations, and their dealers, as well as other independent distributors and service garages in the aftermarket industry. The company was formerly known as ArvinMeritor, Inc. and changed its name to Meritor, Inc. in March 2011. Meritor, Inc. was founded in 1909 and is headquartered in Troy, Michigan.

Stocks & Indices

Meritor, Inc. has the following listings and related stock indices.


Stock: NYSE: MTOR

Stock: FSX: AID1

Key People

Chris Villavarayan (CEO)

Financials

Revenue: US$3.34 billion (2017)US$3.20 billion (2016)

Operating income: US$207 million (2017)US$204 million (2016)

Net income: US$324 million (2017)US$573 million (2016)


Total assets: US$2.78 billion (2017)US$2.49 billion (2016)

Total equity: US$295 million (2017)US$(186) million (2016)

Details

Headquarters:

2135 West Maple Road

Troy, MI 48084

United States

Phone: 248 435 1000