Bloomberg the Company & Products

Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Last $87.62 USD
Change Today +0.66 / 0.76%
Volume 9.8K
NTK On Other Exchanges
As of 8:10 PM 04/24/15 All times are local (Market data is delayed by at least 15 minutes).

nortek inc (NTK) Snapshot

Previous Close
Day High
Day Low
52 Week High
07/2/14 - $92.30
52 Week Low
10/2/14 - $70.73
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield
Current Stock Chart for NORTEK INC (NTK)

Related News

No related news articles were found.

nortek inc (NTK) Related Businessweek News

No Related Businessweek News Found

nortek inc (NTK) Details

Nortek, Inc. manufactures and sells products for remodeling and replacement, residential and commercial new construction, and personal and enterprise computer markets in the United States, Canada, and Europe. The company’s Air Quality and Home Solutions segment offers kitchen range hoods; exhaust fans, such as bath fans and fan, heater, and light combination units; and air exchangers and heat or energy recovery ventilators, as well as central vacuum systems. Its Security and Control Solutions segment provides security, automation, and access control products, include residential and various commercial intrusion protection systems and components that focuses on wireless technology, such as control panels, keypads and telephone entry systems, radio transmitters, window and door contacts, and lighting control devices, as well as garage and gate operators. The company’s Ergonomic and Productivity Solutions segment offers wall mounts, carts, arms, desk mounts, workstations, and stands that attach to or support various display devices, including notebook computers, computer monitors, and flat panel displays. Its Residential and Commercial HVAC segment provides split-system and packaged air conditioners and heat pumps, furnaces, and air handlers and parts, as well as unit heaters, radiant heaters, and rooftop HVAC products. The company’s Custom and Commercial Air Solutions segment offers custom-designed and engineered HVAC products comprising air handlers, and large rooftop cooling and heating systems for healthcare and educational facilities, commercial offices, manufacturing facilities, clean rooms, data centers, and governmental buildings. Its Audio, Video and Control Solutions segment provides residential audio/video equipment, including architectural speakers, power conditioners, and other products; home control equipment; and professional video signal management solutions. Nortek, Inc. was founded in 1967 and is headquartered in Providence, Rhode Island.

11,200 Employees
Last Reported Date: 03/2/15
Founded in 1967

nortek inc (NTK) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: $1.1M
Chief Financial Officer and Senior Vice Presi...
Total Annual Compensation: $587.3K
Group President of Residential & Commercial H...
Total Annual Compensation: $420.2K
Group President of Ergonomic & Productivity S...
Total Annual Compensation: $387.5K
Senior Vice President, General Counsel, Secre...
Total Annual Compensation: $508.3K
Compensation as of Fiscal Year 2014.

nortek inc (NTK) Key Developments

Nortek Inc. Announces Plans to Refinance 10% Notes Due 2018 with Incremental $265 Million Senior Secured Term Loan

Nortek Inc. announced its plans to refinance all of its outstanding 10% Senior Unsecured Notes due 2018 with an incremental $265 million senior secured term loan. The incremental term loan is through an amendment to Nortek's Amended and Restated Credit Agreement dated as of April 30, 2014, under substantially the same terms as the existing $350 million senior secured term loan facility. The company provided a notice of redemption for all of its outstanding 2018 Senior Unsecured Notes. These notes will be redeemed on May 4, 2015 at a redemption price of 105% of the aggregate principal amount thereof, plus accrued and unpaid interest to the redemption date.

Nortek Inc. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter Ended December 31, 2014

Nortek Inc. reported unaudited consolidated earnings results for the fourth quarter ended December 31, 2014. For the quarter, the company reported net sales of $636.8 million compared to $548.9 million a year ago. Operating earnings were $29.1 million compared to $10.4 million a year ago. Earnings before benefit from income taxes were $1.5 million compared to loss before benefit from income taxes of $14.8 million a year ago. Net earnings were $4.6 million or $0.29 per basic and diluted share compared to net losses of $8.9 million or $0.58 per basic and diluted share a year ago. Adjusted operating earnings increased 43.0% to $41.6 million, from $29.1 million in the fourth quarter of 2013. Adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) rose to $71.2 million, from $54.6 million in the fourth quarter of 2013. Net cash provided by operating activities was $20.0 million, compared with $39.2 million in the fourth quarter of 2013. A portion of the decrease in net cash provided by operating activities was due to a higher level of operating working capital at the end of 2014 related to a regulatory change that affected the Residential & Commercial HVAC (RCH) segment. Capital expenditures were $11.2 million, compared with $10.9 million in last year's fourth quarter. Free cash flow was $8.8 million, compared with $28.3 million in the fourth quarter of 2013.

Nortek Inc. to Report Q4, 2014 Results on Mar 02, 2015

Nortek Inc. announced that they will report Q4, 2014 results at 5:00 PM, Eastern Standard Time on Mar 02, 2015


Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
NTK:US $87.62 USD +0.66

NTK Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Beacon Roofing Supply Inc $30.84 USD -0.16
Builders FirstSource Inc $12.79 USD -0.09
Griffon Corp $17.50 USD +0.32
HNI Corp $51.98 USD +0.71
Universal Forest Products Inc $56.96 USD +0.41
View Industry Companies

Industry Analysis


Industry Average

Valuation NTK Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.5x
Price/Book 33.7x
Price/Cash Flow 99.3x
TEV/Sales 0.0x

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact NORTEK INC, please visit Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at