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Company Description

Contact Info

400 Atlantic Street

Suite 1500

Stamford, CT 06901

United States

Phone: 203-328-3500


Harman International Industries, Incorporated engages in the design and engineering of connected products and solutions for automakers, consumers and enterprises worldwide, including audio systems, visual products, enterprise automation solutions and connected services. Infotainment This segment designs, manufactures and markets infotainment systems for vehicle applications to be installed primarily as original equipment by automotive manufacturers. The company’s premium scalable infotainment platforms deliver enhanced and connected capabilities to the car, including intelligent high-performance navigation with embedded solutions for wireless upgradeability, multimedia, premium entertainment, on-board and off-board connectivity and active safety systems. The company’s new intelligent connected navigation system enables a new generation of driver usability and feature functionality, including navigation solutions with over-the-air updates offering drivers better route instructions, up-to-date navigation data, and integrated features. Global customers for the company’s infotainment systems include BMW, Daimler, Fiat Chrysler Automobiles, Geely, General Motors, Hyundai, Qoros, Subaru, Suzuki, TATA, Toyota/Lexus, Ssangyong, the Volkswagen Group and Yamaha. The company also produces a Harman/Kardon branded infotainment system for Harley-Davidson touring motorcycles. Lifestyle This segment designs, manufactures, and markets car audio systems for vehicle applications to be installed primarily as original equipment by automotive manufacturers, as well as a range of mid-to loudspeaker and electronics for home, multimedia and mobile applications. The company’s Lifestyle products are marketed worldwide under renowned brand names, including AKG, Harman/Kardon, Infinity, JBL, JBL Professional, Lexicon, Mark Levinson and Revel. The company also has rights to use the Bowers & Wilkins, Bang & Olufsen and Canton brand names within the automotive space. Global customers for the company’s premium car audio systems include Aston Martin, BMW, Brilliance, Chang’an, Daimler, Dongfeng, Fiat Chrysler Automobiles, Ford, Geely, General Motors, Great Wall, Hyundai, McLaren, PSA Peugeot Citroën, SAIC, Subaru, Tesla, Toyota/Lexus and the Volkswagen Group. The company’s car audio products feature technologies, such as Clari-Fi, HALOsonic and Quantum Logic Surround. Home applications include dedicated home audio and theater systems, as well as distribution systems that provide multi-zone audio and video. Multimedia applications comprise a -range of headphones, computer-embedded audio and branded portable wireless speakers. Aftermarket mobile products include speakers, amplifiers and digital signal processors. The company’s home audio products are sold in specialty audio stores, Harman stores, mass-market retail stores, such as Apple, Best Buy, Target, Media Markt and Fnac and through online retailers, such as Amazon.com and Harmanaudio.com. Professional This segment designs, manufactures and markets a range of audio, lighting, video and control and automation solutions for commercial, enterprise and public space applications, including concert halls, stadiums, airports, conference centers, educational institutions, command centers and houses of worship. The company designs products for recording, broadcast, cinema and music reproduction applications, such as loudspeakers, power amplifiers, digital signal processors, microphones, headphones and mixing consoles. The company also provides products to the sound reinforcement, music instrument support and broadcast and recording segments of the professional audio market. The company’s Professional audio products are used in prestigious venues and at important events, such as the GRAMMY Awards, the Emmy Awards, the Super Bowl, the Oscars, the MTV Video Music Awards, the Country Music Awards, Olympic Stadium in Beijing and Yankee Stadium. In addition, the company’s Professional segment offers solutions that simplify the way people interact with technology and solves the complexity of managing this technology with scalable systems. These products span control and automation, system-wi


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Price/Earnings 17.2x
Price/Sales 0.9x
Price/Book 2.5x
Price/Cash Flow 16.6x
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