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Last $14.19 USD
Change Today +0.02 / 0.14%
Volume 479.0K
MTOR On Other Exchanges
New York
As of 2:31 PM 06/2/15 All times are local (Market data is delayed by at least 15 minutes).

meritor inc (MTOR) Snapshot

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Day High
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52 Week High
01/8/15 - $15.65
52 Week Low
10/15/14 - $9.46
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Average Volume 10 Days
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Current Stock Chart for MERITOR INC (MTOR)

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meritor inc (MTOR) Details

Meritor, Inc. designs, develops, manufactures, sells, markets, distributes, services, and supports integrated systems, modules, and components to original equipment manufacturers (OEMs) and the aftermarket for the commercial vehicle, transportation, and industrial sectors. It operates through two segments, Commercial Truck & Industrial, and Aftermarket & Trailer. The Commercial Truck & Industrial segment supplies drive train systems and components, including axles, drivelines, and braking and suspension systems primarily for medium and heavy-duty trucks, off-highway, military, construction, bus and coach, fire and emergency, and other applications. The Aftermarket & Trailer segment supplies axles, brakes, drivelines, suspension parts, and other replacement and remanufactured parts to commercial vehicle and industrial aftermarket customers. This segment also offers various undercarriage products and systems for trailer applications. The company sells its products under Meritor, Meritor Wabco, Euclid, Trucktechnic, and Meritor AllFit brand names primarily to OEMs and its parts marketing operations, dealers, and other independent distributors, as well as service garages in the aftermarket industry. It operates in North America, South America, Europe, and the Asia-Pacific. The company was formerly known as ArvinMeritor, Inc. and changed its name to Meritor, Inc. in March 2011. Meritor, Inc. was founded in 1921 and is headquartered in Troy, Michigan.

9,050 Employees
Last Reported Date: 11/20/14
Founded in 1921

meritor inc (MTOR) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $575.5K
Executive Chairman
Total Annual Compensation: $1.0M
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $425.0K
Senior Vice President, General Counsel and Co...
Total Annual Compensation: $368.8K
Compensation as of Fiscal Year 2014.

meritor inc (MTOR) Key Developments

Meritor, Inc. Announces the Resignation of David W. Devonshire as Member of the Board of Directors

On May 22, 2015, David W. Devonshire, a member of the Board of Directors of Meritor, Inc., advised Ivor J. Evans, the Executive Chairman of the Board of the company, of his decision to resign from the Board of Directors of the company for personal reasons, effective immediately. Mr. Devonshire's decision to resign was confirmed in writing on May 27, 2015 and did not involve any disagreements with the company on any matter relating to the company's operations, policies or practices. Mr. Devonshire had served as a director of the company since July 2004.

Meritor, Inc. Presents at KeyBanc Capital Markets Industrial, Automotive & Transportation Conference, May-28-2015 11:00 AM

Meritor, Inc. Presents at KeyBanc Capital Markets Industrial, Automotive & Transportation Conference, May-28-2015 11:00 AM. Venue: InterContinental Boston, 510 Atlantic Ave, Boston, MA 02210, United States. Speakers: Kevin A. Nowlan, Chief Financial Officer, Principal Accounting Officer and Senior Vice President.

Meritor Names Doleco USA Master Distributor

Meritor, Inc. announced a master distribution agreement with Doleco USA, Inc. to sell Doleco's cargo restraint products for flatbeds and van trailers to North America warehouse distributors (WDs) and original equipment dealers, effective immediately. Doleco cargo restraints, which are offered through the Meritor and Euclid™ product lines, maintain Doleco branding. The new line initially includes more than 600 part numbers to meet customer demand, with more to be added in the future. Doleco products will be available through Meritor's distribution centers in Florence, Kentucky and in Edmonton, Alberta and Brampton, Ontario, Canada.


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Price/Sales 0.4x
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Price/Cash Flow 4.5x
TEV/Sales 0.1x

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