Sign in

Private company

Altra Industrial Motion Corp.

American general industrial machinery and equipment company1

In its 2023 annual report the company says: “We are a leading global designer, producer and marketer of a wide range of electromechanical power transmission motion control products. Our technologies are used in various motion related applications and across a wide variety of high-volume manufacturing and non-manufacturing processes in which reliability and precision are critical to avoid costly down time and enhance the overall efficiency of operations. We market our products under well recognized and established brands, which have been in existence for an average of over 90 years.”64 It is headquartered in Braintree, Massachusetts.1

Last updated Oct 21, 2026.

Overview

  • IndustryGeneral Industrial Machinery & Equipment, NEC1
  • HeadquartersBraintree, Massachusetts1
  • Incorporated inDE2
  • Business address300 Granite Street, Suite 201, Braintree, Ma 021842
  • Filer categoryLarge accelerated filer2

See how the biggest companies compare on our leaderboards

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2022

35.6%Gross margin3
12.4%Operating margin3
6.5%Net margin3
2.4%Revenue growth, 20223
6.3%Return on equity3
0.52×Debt to equity3
$69.1MFree cash flow3

Where the money goes

Where each dollar of revenue went, fiscal 2022

  • Cost of revenue64¢$1.3B
  • Research and development3¢$64.1M
  • Selling, general and admin19¢$370.0M
  • Other costs4¢$69.5M
  • Income tax3¢$62.3M
  • Profit7¢$127.0M

Out of $1.9B in revenue.3

Where each dollar of operating cash went, fiscal 2022

  • Capital spending45¢$55.9M
  • Dividends paid18¢$22.3M
  • Kept or used elsewhere37¢$46.8M

Out of $125.0M of cash from operations.3

Financial statements

Revenue45673$1.9B in 2022+174% since 2016
0$500.0M$1.0B$1.5B$2.0B2016: $708.9M$708.9M20162017: $876.7M$876.7M2017+24%2018: $1.2B$1.2B2018+34%2019: $1.8B$1.8B2019+56%2020: $1.7B$1.7B2020−6%2021: $1.9B$1.9B2021+10%2022: $1.9B$1.9B2022+2%
Gross profit45673$692.9M in 2022+212% since 2016
0$200.0M$400.0M$600.0M$800.0M2016: $222.1M$222.1M20162017: $275.7M$275.7M2017+24%2018: $376.1M$376.1M2018+36%2019: $656.3M$656.3M2019+75%2020: $622.4M$622.4M2020−5%2021: $675.4M$675.4M2021+9%2022: $692.9M$692.9M2022+3%
Operating income45673$240.4M in 2022+406% since 2016
0$100.0M$200.0M$300.0M2016: $47.5M$47.5M20162017: $82.7M$82.7M2017+74%2018: $86.7M$86.7M2018+5%2019: $224.1M$224.1M2019+158%2020: $77.5M$77.5M2020−65%2021: $97.4M$97.4M2021+26%2022: $240.4M$240.4M2022+147%
Net income45673$127.0M in 2022+405% since 2016
-$50.0M0$50.0M$100.0M$150.0M2016: $25.1M$25.1M20162017: $51.4M$51.4M2017+104%2018: $35.3M$35.3M2018−31%2019: $127.2M$127.2M2019+260%2020: -$25.5M-$25.5M20202021: $27.7M$27.7M20212022: $127.0M$127.0M2022+358%
Fiscal year2016201720182019202020212022
Revenue$708.9M4$876.7M5$1.2B6$1.8B7$1.7B3$1.9B3$1.9B3
Cost of revenue$486.8M4$601.0M5$799.2M6$1.2B7$1.1B3$1.2B3$1.3B3
Gross profit$222.1M4$275.7M5$376.1M6$656.3M7$622.4M3$675.4M3$692.9M3
Research and development$17.7M4$24.4M5$33.1M6$59.1M7$57.8M3$63.9M3$64.1M3
Selling, general and admin$140.5M4$164.5M5$251.9M6$359.0M7$332.2M3$368.7M3$370.0M3
Operating expenses$578.0M3$452.5M3
Operating income$47.5M4$82.7M5$86.7M6$224.1M7$77.5M3$97.4M3$240.4M3
Income before tax$7.8M3$189.3M3
Income tax$8.7M4$19.7M5$16.4M6$21.0M7$29.5M3-$19.9M3$62.3M3
Net income$25.1M4$51.4M5$35.3M6$127.2M7-$25.5M3$27.7M3$127.0M3
Earnings per share$0.974$1.785$0.936$1.987-$0.393$0.433$1.953
Earnings per share (diluted)$0.974$1.775$0.926$1.977-$0.393$0.423$1.943
Shares (weighted, basic)64.8M shares365.1M shares3
Shares (weighted, diluted)65.4M shares365.4M shares3

Compare Altra Industrial Motion Corp. with another company

Corporate structure

Altra Industrial Motion Corp. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Altra Industrial Motion Corp.

  • Boston Partners Filed SC 13G/A on Altra Industrial Motion Corp., latest Feb 13, 2023 (2 filings since Feb 11, 2022)
  • VANGUARD GROUP INC Filed SC 13G/A on Altra Industrial Motion Corp., latest Feb 9, 2023 (2 filings since Feb 9, 2022)
  • BlackRock Filed SC 13G/A on Altra Industrial Motion Corp., latest Jan 25, 2023 (2 filings since Feb 3, 2022)
  • WASATCH ADVISORS LP Filed SC 13G/A on Altra Industrial Motion Corp., latest Dec 12, 2022 (2 filings since Jan 10, 2022)
  • EARNEST PARTNERS LLC Filed SC 13G/A on Altra Industrial Motion Corp., latest Nov 9, 2022 (2 filings since Apr 11, 2022)
  • Altra Industrial Motion Corp. Braintree, Massachusetts

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Altra Industrial Motion Corp. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$619.8M3 Dec 31, 2022$601.3M3 Dec 31, 2021+3.1%
Accumulated depreciation$344.7M3 Dec 31, 2022$325.5M3 Dec 31, 2021+5.9%
Property and equipment, net$275.1M3 Dec 31, 2022$275.8M3 Dec 31, 2021−0.3%
Operating-lease assets (leased space)$41.4M3 Dec 31, 2022$50.0M3 Dec 31, 2021−17.2%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$208.9M3 Dec 31, 2022$246.1M3 Dec 31, 2021−15.1%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$1.5B3 Dec 31, 2022$1.6B3 Dec 31, 2021−2.5%
Intangible assets, net (excluding goodwill)$970.4M3 Dec 31, 2022$1.1B3 Dec 31, 2021−8.2%
Trademarks and trade names (indefinite-lived)$800.0K3 Dec 31, 2022
Accumulated amortization$256.6M7 Dec 31, 2021$247.5M7 Dec 31, 2020+3.7%

Inventory

ItemLatestA year beforeChange
Inventory, total$338.9M3 Dec 31, 2022$267.8M3 Dec 31, 2021+26.5%
Work in process$31.1M3 Dec 31, 2022$26.7M3 Dec 31, 2021+16.5%
Finished goods$135.7M3 Dec 31, 2022$117.0M3 Dec 31, 2021+16.0%

Leadership

Who has led Altra Industrial Motion Corp., and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Michael L. Hurt2006–2008
  2. Carl R. Christenson2009–2023

Chair

  1. Michael L. Hurt2007–2014
  2. Carl R. Christenson2017–2023

President

  1. Carl R. Christenson2006–2017

Chief financial officer

  1. David A. Wall2006–2007
  2. Christian Storch2007–2022
  3. Todd Patriacca2022–2023

Chief operating officer

  1. Carl R. Christenson2006–2017
2010201520202025
Board members and other officers (25)

Former names

  • Altra Holdings, Inc.Sep 29, 2006 to Nov 25, 20132

Timeline

  1. Mar 27, 20238-K Entered a material agreement; Ended a material agreement; Completed an acquisition or sale44
  2. Mar 23, 20238-K Other events45
  3. Mar 1, 20238-K Results of operations46
  4. Feb 27, 20238-K Entered a material agreement47
  5. Jan 18, 20238-K Shareholder vote48
  6. Jan 10, 20238-K Other events49
  7. Oct 31, 20228-K Results of operations50
  8. Oct 27, 20228-K Entered a material agreement; Results of operations; Bylaws or fiscal year changed51
  9. Jul 28, 20228-K Results of operations52
  10. Jul 28, 20228-K Results of operations53
  11. May 2, 20228-K Shareholder vote54
  12. Apr 28, 20228-K Results of operations55
  13. Feb 5, 2009New chief executive Carl R. Christenson becomes CEO12
  14. Dec 14, 2006New chief executive Michael L. Hurt becomes CEO13

Calendar

When it reported results

  1. Mar 1, 2023Reported quarterly or annual results46
  2. Oct 31, 2022Reported quarterly or annual results50
  3. Oct 27, 2022Reported quarterly or annual results51
  4. Jul 28, 2022Reported quarterly or annual results52
  5. Jul 28, 2022Reported quarterly or annual results53
  6. Apr 28, 2022Reported quarterly or annual results55
  7. Feb 16, 2022Reported quarterly or annual results56
  8. Oct 22, 2021Reported quarterly or annual results57

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

133 filings to the SEC since October 2021: 3 annual reports, 4 quarterly reports, 23 major events, 77 insider forms, 10 large holders, 16 other. The latest 20:

  1. Apr 6, 202315-12G EDGAR
  2. Apr 4, 202310-K/A EDGAR
  3. Mar 28, 20234 EDGAR
  4. Mar 28, 20234 EDGAR
  5. Mar 28, 20234 EDGAR
  6. Mar 28, 20234 EDGAR
  7. Mar 28, 20234 EDGAR
  8. Mar 28, 20234 EDGAR
  9. Mar 28, 20234 EDGAR
  10. Mar 28, 20234 EDGAR
  11. Mar 28, 20234 EDGAR
  12. Mar 28, 20234 EDGAR
  13. Mar 28, 20234 EDGAR
  14. Mar 27, 2023S-8 POS POST-EFFECTIVE AMENDMENT NO. 1 EDGAR
  15. Mar 27, 2023S-8 POS POST-EFFECTIVE AMENDMENT NO. 1 EDGAR
  16. Mar 27, 2023S-8 POS POST-EFFECTIVE AMENDMENT NO. 1 EDGAR
  17. Mar 27, 2023S-8 POS POST-EFFECTIVE AMENDMENT NO. 2 EDGAR
  18. Mar 27, 20238-K CURRENT REPORT EDGAR
  19. Mar 23, 20238-K CURRENT REPORT EDGAR
  20. Mar 1, 20238-K EDGAR

The 133 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

SEC filer profile

How Altra Industrial Motion Corp. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARAltra Industrial Motion Corp.1
  • CIK0001374535
  • Employer ID (EIN)61-14788701
  • Filer statusLarge accelerated filer1
  • Incorporated inDelaware1
  • Fiscal year endsDecember 311
  • Industry code (SIC)3569 General Industrial Machinery & Equipment, NEC1
  • SEC reviewing officeOffice of Technology, Division of Corporation Finance1
  • Business address300 Granite Street, Suite 201, Braintree, MA 021841
  • Phone781-917-06001
  • Shares outstanding1,000 as of Apr 3, 202363
  • Public float$2.7B as of Jun 30, 202263
  • On EDGAR sinceSep 29, 20061
  • Filings1,418 in all: 4 (801), 8-K (167), SC 13G/A (85), 10-Q (48), SC 13G (35), UPLOAD (31), 3 (29), 4/A (25)1
    All 46 form types

    CORRESP (24), 425 (22), 10-K (17), 8-K/A (16), DEF 14A (16), IRANNOTICE (10), SD (9), EFFECT (7), S-1/A (6), S-4/A (6), S-8 POS (6), 10-K/A (5), DEFA14A (5), S-8 (5), 10-Q/A (4), 424B3 (3), S-4 (3), SC TO-C (3), SC TO-T/A (3), 424B4 (2), CT ORDER (2), DEFM14A (2), PREM14A (2), PRER14A (2), S-1 (2), S-3 (2), S-3/A (2), 15-12G (1), 25-NSE (1), 8-A12B (1), 8-A12B/A (1), ARS (1), CERTNAS (1), S-1MEF (1), S-3ASR (1), SC 13D (1), SC 14D9 (1), SC TO-T (1)

  • Latest filingsAnnual report (10-K) Mar 1, 2023
    Quarterly report (10-Q) Nov 3, 2022
    Proxy statement (DEF 14A) Mar 24, 2022
    Latest 8-K (8-K) Mar 27, 2023

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
  2. 2
  3. 3
  4. 4
  5. 5
  6. 6
  7. 7
  8. 8
  9. 9
  10. 10
  11. 11
  12. 12
  13. 13
  14. 14
  15. 15
  16. 16
  17. 17
  18. 18
  19. 19
  20. 20
  21. 21
  22. 22
  23. 23
  24. 24
  25. 25
  26. 26
  27. 27
  28. 28
  29. 29
  30. 30
  31. 31
  32. 32
  33. 33
  34. 34
  35. 35
  36. 36
  37. 37
  38. 38
  39. 39
  40. 40
  41. 41
  42. 42
  43. 43
  44. 44
  45. 45
    SEC EDGAROther events
  46. 46
  47. 47
  48. 48
  49. 49
    SEC EDGAROther events
  50. 50
  51. 51
  52. 52
  53. 53
  54. 54
  55. 55
  56. 56
  57. 57
  58. 58
  59. 59
  60. 60
  61. 61
  62. 62
  63. 63
  64. 64