Meritor, Inc.

Meritor, Inc.

MTOR
Meritor, Inc.US flagNew York Stock Exchange
36.50
USD
+0.01
(+0.03%)
3.05EPS
11.97P/E
Aug 02Next Earn
Capital Structure

in mil. unless spec.
Working Capital

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Growth Rates

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Quarterly Revenue

in mil. unless spec.
Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

CEO
Mr. Jeffrey Craig
Full Time Employees
9,600
Sector
Consumer Cyclical
Industry
Auto - Parts
Address
2135 W Maple Rd Troy MICHIGAN United States of America 48084-7186
IPO Date
Sep 15, 1997
Business
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.

Company News

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  • Meritor (MTOR) Up 0.5% Since Last Earnings Report: Can It Continue?

  • Meritor Shareholders Approve Acquisition By Cummins

  • Meritor buying Siemens electric propulsion business

  • SHAREHOLDER INVESTIGATION: Halper Sadeh LLP Investigates TMX, FLMN, SAVE, MTOR

  • MERITOR INVESTOR ALERT - Kuznicki Law PLLC Investigates Proposed Sale of Meritor, Inc. - MTOR

  • Meritor (MTOR) Q2 Earnings & Sales Top Estimates, Increase Y/Y

  • Meritor (MTOR) Beats Q2 Earnings and Revenue Estimates

  • SHAREHOLDER INVESTIGATION: Halper Sadeh LLP Investigates TGNA, OBNK, HR, MTOR

  • SHAREHOLDER ALERT: Weiss Law Reminds TGNA, MTOR, TEN, and CDK Shareholders About Its Ongoing Investigations

  • SHAREHOLDER INVESTIGATION: Halper Sadeh LLP Investigates CDK, TGNA, LMAO, MTOR, TEN

  • MERITOR INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Meritor, Inc. - MTOR

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  • Meritor (MTOR) Inks Pact With ConMet on Zero-Emission Trailers

  • Larry Robbins Shifts Meritor Stake Into a Higher Gear

  • MERITOR INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Meritor, Inc. - MTOR

  • Cummins (CMI) to Takeover Meritor (MTOR) in $3.7 Billion Deal

  • Meritor shares shoot up by 45% after announcing it'd be acquired by Cumins

  • Cummins will buy Meritor for $3.7B