Company
Meritor, Inc.
Headquarters: Troy, MI, United States
Employees: 9,600
CEO: Mr. Chrishan Anthon Sebastian Villavarayan
Market Cap
$2.59 Billion
USD as of Aug. 1, 2022
Meritor, Inc. Categories
United States Consumer Discretionary Auto PartsUnited States Consumer Discretionary United States Auto Parts
Top Competitors by Market Capitalization
Industry: Auto Parts
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| DENSO Corp | $46.22 B |
| Bridgestone Corp | $28.70 B |
| Michelin | $24.86 B |
| Aptiv PLC | $23.90 B |
| Continental AG | $16.41 B |
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.
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Stocks & Indices
Meritor, Inc. has the following listings and related stock indices.
Stock: NYSE: MTOR wb_incandescent
Stock: FSX: AID1 wb_incandescent
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)